#EAGLE EYE AUTOMOTIVE PDF#

Inimitable Expertise: Analysts will provide deep insights into the reports.Īnalyst Support: Get your query resolved from our team before and after purchasing the report. Have a look at Report Description and Table of Contents of Market Outlook (Revenue, USD Billion 2018–2028)īenefits of Purchasing Global Market Report: Type Outlook (Revenue, USD Billion 2018–2028)Ĭomponent Outlook (Revenue, USD Billion 2018–2028)īattery Type Outlook (Revenue, USD Billion 2018–2028)Įnd-use Outlook (Revenue, USD Billion 2018–2028) Make Payment [Buy your Exclusive Research has segmented the global battery monitoring system market on the basis of type, component, battery type, end-use, and region: Key players in the market include Benchmark Electronics Inc., NDSL, Texas Instruments Incorporated, PowerShield, BatteryDAQ, Eagle Eye Power Solutions, LLC, HBL Power Systems Ltd., Schneider Electric, ABB, and General Electric.

are supporting initiatives by battery manufacturers to develop more efficient and advanced electric vehicles, which is boosting market growth. North America accounted for largest revenue share contribution to the global battery monitoring system market in 2020. Rising need to enhance operational efficiency of lithium-ion batteries is a key factor driving demand for battery monitoring systems from the automotive sector. Increasing sales of electric vehicles owing to rise in fuel prices and stringent regulations regarding pollution emission levels from conventional vehicles is projected to drive demand for lithium-ion batteries and electric vehicles going ahead.Īutomotive segment accounted for a relatively larger revenue share in the global battery monitoring system market in 2020. Lithium-ion based segment accounted for a significantly high revenue share in the battery monitoring system market in 2020. Hardware components help in real-time monitoring of battery voltage, inter-temperature, and charge and discharge current, which is driving demand for this type of system. Hardware segment accounted for largest revenue share in 2020. The automotive sector is increasingly utilizing wireless battery monitoring systems as these provide opportunity to eliminate any unscheduled power cuts due to battery failure, improves UPS uptime, reduces maintenance operation, and prevents battery malfunctions. Wireless segment revenue is expected to expand at a rapid CAGR during the forecast period.

The new design is expected to minimize CO2 emissions and help in advancement of hybrid electric vehicles and electric vehicles. In May 2019, Texas Instruments Incorporated introduced reference designs for traction inverter and battery management system, along with analogue circuits with advanced protection and monitoring features, which are designed for hybrid and electric vehicles.

#EAGLE EYE AUTOMOTIVE PDF#

The automotive sector is increasingly utilizing battery monitoring systems in electric vehicles being developed and produced to minimize maintenance and replacement costs, maximize lifespan of batteries, and avoid costly downtime.Ĭlick Here to Access Free sample PDF Copy of the Key Highlights From the Report

Moreover, rising need to enhance operational efficiency of lithium-ion based batteries is another key factor augmenting demand for battery monitoring systems. Increasing utilization of lithium-ion based batteries in electric vehicles as these are more lightweight is boosting demand for advanced battery monitoring systems. Increasing demand for environment-friendly electric vehicles and rising need to enhance operational efficiency of lithium-ion batteries are key factors driving market growth Electric vehicles and hybrid electric vehicles utilize battery monitoring systems to address system parameters such as voltage, current, and temperature. Steady market revenue growth can be attributed to key factors such as rising demand for eco-friendly electric vehicles, increasing awareness regarding the effects of pollution and global warming, and shifting preference among consumers towards electric and hybrid electric vehicles. VANCOUVER, BC, CANADA, Aug/ / - The global battery monitoring system market size is expected to reach USD 13.40 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Increasing demand for environment-friendly electric vehicles and rising need to enhance operational efficiency of lithium-ion batteries are key factors Market Size – USD 3.64 Billion in 2020, Market Growth – at a CAGR of 17.8%, Market Trends – increasing utilization of lithium-ion based batteries

Eagle eye automotive