Europe to Dominate Global Battery Management System Market till 2026
Huge demand for electric and hybrid vehicles and rising environmental concerns are expected to drive the demand for global battery management system market for the forecast period. According to TechSci Research report, “Global Battery Management System Market By Battery Type (Lithium-Ion, Lead-Acid, Nickel based, Others), By Topology (Centralized, Distributed, Modular), By Type (Stationary Battery, Motive Battery), By Component (Hardware, Software), By Application (Automotive, UPS, Telecommunications, Renewable Energy Systems, Military and Others), By Company, By Region, Forecast & Opportunities, 2026” , the global battery management system market is expected to witness significant growth for the next five years on account of increasing efforts of manufacturers to design battery management system miniature versions integrated with small electronic components. Battery management system offers different features such as battery charger control, cell-over voltage and ...