Electric Two-Wheeler Lithium-Ion Battery Management System Market By Topology (Centralized, Distributed, Modular), By Vehicle Type (Pedelecs, Scooters, Motorcycles): Global Opportunity Analysis and Industry Forecast, 2022-2031
A battery management system is an electronic system that controls and monitors charging and discharging of battery and provides notifications about the status and condition of battery packs. In addition, providing critical safeguard to protect batteries from damage is one of the primary functions of battery management system. Battery management systems in automotive applications are required to meet certain critical features such as voltage, current & temperature monitoring, battery state of charge (SoC), and cell balancing of lithium-ion (Li-ion) batteries. In addition, battery protection, battery monitoring, and battery optimization are the three main functions of battery management systems for electric vehicles. Battery management systems for the electric two wheelers are anticipated to exhibit remarkable growth rate during the forecast period, owing to government support and rise in trend of electric vehicles to reduce emission of greenhouse gases.
Leading manufacturers are focusing on development of pedelec electric bikes, which drives the market. For instance, in February 2020, Nexzu Mobility, an end-to-end electric mobility solutions provider, launched three new pedal assist e-bikes, named Roadlark, Aello, and Rompus. Nexzu Mobility’s e-cycles are equipped with lithium-ion batteries that have an average lifecycle of 750 charges. These convenient and environmentally friendly vehicles can be fully charged in just three to four hours.
Factors, such as increase in adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs), and rise in industry preference for use of lithium-ion batteries drive the growth of the electric two-wheeler lithium-ion battery management system market. However, increase in overall price of the products with addition of battery management system hinders the growth of the market. Further, increase in adoption of cloud-connected battery management systems, growth in demand for renewable energy, and growth in demand for e-bikes and e-scooters provide remarkable growth opportunities for players operating in the market.
The electric two-wheeler lithium-ion battery management system market is segmented on the basis of vehicle type, topology, and region. By vehicle type, it is segmented into pedelecs, scooters, and motorcycles. By topology, it is classified into centralized, distributed, and modular. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric two-wheeler lithium-ion battery management system market analysis from 2021 to 2031 to identify the prevailing electric two-wheeler lithium-ion battery management system market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the electric two-wheeler lithium-ion battery management system market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global electric two-wheeler lithium-ion battery management system market trends, key players, market segments, application areas, and market growth strategies.
Additional company profiles with specific to client's interest
Expanded list for Company Profiles
Historic market data
SWOT Analysis
Key Market SegmentsBy TopologyCentralized
Distributed
Modular
By Vehicle TypePedelecs
Scooters
Motorcycles
By RegionNorth America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Netherlands
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersLeclanché SA
Jiangsu Xinri E-Vehicle Co., Ltd.
Navitas System LLC
Renesas Electronics Corporation
NXP Semiconductors N.V.
Texas Instruments Incorporated
Mahindra & Mahindra Ltd.
Nuvation Energy
Elithion Inc
Shenzhen Litongwei Electronics Technology Co., Ltd.
Yamaha Motor Co., Ltd.
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