The latest update of “Global Wireless Battery Monitoring System Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Wireless Battery Monitoring System Market.
Overview of the Wireless Battery Monitoring System Market:
Wireless battery monitoring systems are becoming increasingly popular. They can be installed in vehicles and are capable of transmitting data via Bluetooth Low Energy. The TI system works with low-cost devices and can be scalable to 100 nodes. The TI wireless BMS can monitor up to 16 battery cells per node. The transmitters receive data at 1.2 Mb/s, which is the best case scenario. The TI wireless battery monitoring system can support up to 100 nodes. A number of load devices are connected across batteries. This balancing feature allows for greater battery capacity. It also includes a checksum for the data sent and received. Moreover, it eliminates the need for wired connections in harsh environments, which increases installation and maintenance costs
Growing demand for wireless battery monitoring system from the automotive, aerospace, and healthcare industries is driving growth of the market. These systems can anticipate any early failure in batteries which reduce maintenance cost in future. Also, use of these improves the safety of personnel. Technological advancement in wireless battery monitoring system is expected to provide lucrative growth opportunities in the near future. For instance, in January 2021, Texas Instruments Launches Wireless Battery Management System for Electric Vehicles. The new TI system will keep those spirited mustangs under control without weighing them down.
North America is expected to witness significant growth over the forecast period owing to the high adoption rate of electric vehicle in the region. According to the Edison Electric Institute, in 2018, there were a million electric cars on US roads. As the annual sale of EVs reaches the 1.4-million mark by 2025, there will be more than 18 million electric cars in the US alone.
Key Developments:
- In September 2020, Analog Devices, Inc. announced the industry’s first wireless battery management system (wBMS), which enables automotive manufacturers increased flexibility to scale their electric vehicle fleets into volume production across a wide range of vehicle classes
- In July 2021, ABLIC Inc. launched the S-191L/N Series, a high-withstand voltage battery monitoring ICs for automotive use with the industry’s first supply voltage divided output
- In January 2021, TI has unveiled its wireless battery management system for EVs that complies with ASIL-D requirements, reducing design complexity and cost
- In February 2022, Orca Systems announced its first wireless system-on-chip (SoC) solution for the satellite Internet of Things (IoT), the ORC3990
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Wireless Battery Monitoring System Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Wireless Battery Monitoring System Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- SOCOMEC Group
- Raytheon Anschutz
- ST Microelectronics
- AEG Power Solutions Group
- Storage Battery Systems, LLC
- RP-TECHNIK GMBH
- Helios Power Solutions
- Hitachi Chemical Co. Ltd.
- A&C Solutions BVBA
- AMETEK Solidstate Controls
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Wireless Battery Monitoring System Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Hardware
- FT Transceiver
- Battery Cell Top
- RF Battery Cell Sensor
- Others
- Software
By Applications, the market is segmented into:
- Automotive
- Telecommunication
- Aerospace & Defence
- Health care
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Wireless Battery Monitoring System Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Wireless Battery Monitoring System Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Wireless Battery Monitoring System Market
1.6.1 How the Covid-19 is Affecting the Wireless Battery Monitoring System Market
1.6.1.1 Wireless Battery Monitoring System Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Wireless Battery Monitoring System Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Wireless Battery Monitoring System Market Perspective (2015-2028)
2.2 Wireless Battery Monitoring System Market Growth Trends by Regions
2.2.1 Wireless Battery Monitoring System Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Wireless Battery Monitoring System Market Historic Market Share by Regions (2015-2021)
2.2.3 Wireless Battery Monitoring System Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Wireless Battery Monitoring System Market Growth Strategy
2.3.6 Primary Interviews with Key Wireless Battery Monitoring System Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Wireless Battery Monitoring System Market Players by Market Size
3.1.1 Global Top Wireless Battery Monitoring System Market Players by Revenue (2015-2021)
3.1.2 Global Wireless Battery Monitoring System Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Wireless Battery Monitoring System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Wireless Battery Monitoring System Market Concentration Ratio
3.2.1 Global Wireless Battery Monitoring System Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Wireless Battery Monitoring System Market Revenue in 2019
3.3 Wireless Battery Monitoring System Market Key Players Head office and Area Served
3.4 Key Players Wireless Battery Monitoring System Market Product Solution and Service
3.5 Date of entering into Wireless Battery Monitoring System Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Wireless Battery Monitoring System Market Historic Market Size by Type (2015-2021)
4.2 Global Wireless Battery Monitoring System Market Forecasted Market Size by Type (2021-2028)
5 Wireless Battery Monitoring System Market Breakdown Data by Application (2015-2028)
5.1 Global Wireless Battery Monitoring System Market Size by Application (2015-2021)
5.2 Global Wireless Battery Monitoring System Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Wireless Battery Monitoring System Market Size (2015-2021)
6.2 Wireless Battery Monitoring System Market Key Players in North America (2019-2021)
6.3 North America Wireless Battery Monitoring System Market Size by Type (2015-2021)
6.4 North America Wireless Battery Monitoring System Market Size by Application (2015-2021)
7 Europe
7.1 Europe Wireless Battery Monitoring System Market Size (2015-2021)
7.2 Wireless Battery Monitoring System Market Key Players in Europe (2019-2021)
7.3 Europe Wireless Battery Monitoring System Market Size by Type (2015-2021)
7.4 Europe Wireless Battery Monitoring System Market Size by Application (2015-2021)
8 China
8.1 China Wireless Battery Monitoring System Market Size (2015-2021)
8.2 Wireless Battery Monitoring System Market Key Players in China (2019-2021)
8.3 China Wireless Battery Monitoring System Market Size by Type (2015-2021)
8.4 China Wireless Battery Monitoring System Market Size by Application (2015-2021)
9 Japan
9.1 Japan Wireless Battery Monitoring System Market Size (2015-2021)
9.2 Wireless Battery Monitoring System Market Key Players in Japan (2019-2021)
9.3 Japan Wireless Battery Monitoring System Market Size by Type (2015-2021)
9.4 Japan Wireless Battery Monitoring System Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Wireless Battery Monitoring System Market Size (2015-2021)
10.2 Wireless Battery Monitoring System Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Wireless Battery Monitoring System Market Size by Type (2015-2021)
10.4 Southeast Asia Wireless Battery Monitoring System Market Size by Application (2015-2021)
11 India
11.1 India Wireless Battery Monitoring System Market Size (2015-2021)
11.2 Wireless Battery Monitoring System Market Key Players in India (2019-2021)
11.3 India Wireless Battery Monitoring System Market Size by Type (2015-2021)
11.4 India Wireless Battery Monitoring System Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Wireless Battery Monitoring System Market Size (2015-2021)
12.2 Wireless Battery Monitoring System Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Wireless Battery Monitoring System Market Size by Type (2015-2021)
12.4 Central & South America Wireless Battery Monitoring System Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Wireless Battery Monitoring System Market Introduction
13.4 Wireless Battery Monitoring System Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Wireless Battery Monitoring System Market Key Market Segments
Table 2. Key Players Covered: Ranking by Wireless Battery Monitoring System Market Revenue
Table 3. Ranking of Global Top Wireless Battery Monitoring System Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Wireless Battery Monitoring System Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Wireless Battery Monitoring System Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Wireless Battery Monitoring System Market Players to Combat Covid-19 Impact
Table 10. Global Wireless Battery Monitoring System Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Wireless Battery Monitoring System Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Wireless Battery Monitoring System Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Wireless Battery Monitoring System Market Share by Regions (2015-2021)
Table 14. Global Wireless Battery Monitoring System Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Wireless Battery Monitoring System Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Wireless Battery Monitoring System Market Growth Strategy
Table 20. Main Points Interviewed from Key Wireless Battery Monitoring System Market Players
Table 21. Global Wireless Battery Monitoring System Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Wireless Battery Monitoring System Market Share by Players (2015-2021)
Table 23. Global Top Wireless Battery Monitoring System Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Wireless Battery Monitoring System Market as of 2019)
Table 24. Global Wireless Battery Monitoring System Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Wireless Battery Monitoring System Market Product Solution and Service
Table 27. Date of entering into Wireless Battery Monitoring System Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Wireless Battery Monitoring System Market Size by Type (2015-2021) (Million US$)
Table 30. Global Wireless Battery Monitoring System Market Size Share by Type (2015-2021)
Table 31. Global Wireless Battery Monitoring System Market Revenue Market Share by Type (2021-2028)
Table 31. Global Wireless Battery Monitoring System Market Size Share by Application (2015-2021)
Table 33. Global Wireless Battery Monitoring System Market Size by Application (2015-2021) (Million US$)
Table 34. Global Wireless Battery Monitoring System Market Size Share by Application (2021-2028)
Table 35. North America Key Players Wireless Battery Monitoring System Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Wireless Battery Monitoring System Market Share (2019-2021)
Table 37. North America Wireless Battery Monitoring System Market Size by Type (2015-2021) (Million US$)
Table 38. North America Wireless Battery Monitoring System Market Share by Type (2015-2021)
Table 39. North America Wireless Battery Monitoring System Market Size by Application (2015-2021) (Million US$)
Table 40. North America Wireless Battery Monitoring System Market Share by Application (2015-2021)
Table 41. Europe Key Players Wireless Battery Monitoring System Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Wireless Battery Monitoring System Market Share (2019-2021)
Table 43. Europe Wireless Battery Monitoring System Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Wireless Battery Monitoring System Market Share by Type (2015-2021)
Table 45. Europe Wireless Battery Monitoring System Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Wireless Battery Monitoring System Market Share by Application (2015-2021)
Table 47. China Key Players Wireless Battery Monitoring System Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Wireless Battery Monitoring System Market Share (2019-2021)
Table 49. China Wireless Battery Monitoring System Market Size by Type (2015-2021) (Million US$)
Table 50. China Wireless Battery Monitoring System Market Share by Type (2015-2021)
Table 51. China Wireless Battery Monitoring System Market Size by Application (2015-2021) (Million US$)
Table 52. China Wireless Battery Monitoring System Market Share by Application (2015-2021)
Table 53. Japan Key Players Wireless Battery Monitoring System Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Wireless Battery Monitoring System Market Share (2019-2021)
Table 55. Japan Wireless Battery Monitoring System Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Wireless Battery Monitoring System Market Share by Type (2015-2021)
Table 57. Japan Wireless Battery Monitoring System Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Wireless Battery Monitoring System Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Wireless Battery Monitoring System Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Wireless Battery Monitoring System Market Share (2019-2021)
Table 61. Southeast Asia Wireless Battery Monitoring System Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Wireless Battery Monitoring System Market Share by Type (2015-2021)
Table 63. Southeast Asia Wireless Battery Monitoring System Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Wireless Battery Monitoring System Market Share by Application (2015-2021)
Table 65. India Key Players Wireless Battery Monitoring System Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Wireless Battery Monitoring System Market Share (2019-2021)
Table 67. India Wireless Battery Monitoring System Market Size by Type (2015-2021) (Million US$)
Table 68. India Wireless Battery Monitoring System Market Share by Type (2015-2021)
Table 69. India Wireless Battery Monitoring System Market Size by Application (2015-2021) (Million US$)
Table 70. India Wireless Battery Monitoring System Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Wireless Battery Monitoring System Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Wireless Battery Monitoring System Market Share (2019-2021)
Table 73. Central & South America Wireless Battery Monitoring System Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Wireless Battery Monitoring System Market Share by Type (2015-2021)
Table 75. Central & South America Wireless Battery Monitoring System Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Wireless Battery Monitoring System Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Wireless Battery Monitoring System Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Wireless Battery Monitoring System Market Share by Type: 2021 VS 2028
Figure 2. Global Wireless Battery Monitoring System Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Wireless Battery Monitoring System Market Report Years Considered
Figure 8. Global Wireless Battery Monitoring System Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Wireless Battery Monitoring System Market Share by Regions: 2021 VS 2028
Figure 10. Global Wireless Battery Monitoring System Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Wireless Battery Monitoring System Market Share by Players in 2019
Figure 13. Global Top Wireless Battery Monitoring System Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Wireless Battery Monitoring System Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Wireless Battery Monitoring System Market Revenue in 2019
Figure 15. North America Wireless Battery Monitoring System Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Wireless Battery Monitoring System Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Wireless Battery Monitoring System Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Wireless Battery Monitoring System Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Wireless Battery Monitoring System Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Wireless Battery Monitoring System Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Wireless Battery Monitoring System Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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