Battery Management System Market - Growth, Trends, Covid-19 Impact, and Foreca(2023 - 2028)
The global battery management system market is expected to reach USD 8.53 billion by the end of the year, and it is projected to register a CAGR of over 4.85% during the forecast period.
The market was negatively impacted by COVID-19. Presently the market has now reached pre-pandemic levels.
Key HighlightsThe battery management system market is moderately fragmented. Some of the major players in the market (in no particular order) include Eberspaecher Vecture Inc., Elithion Inc., BMS Powersafe, Texas Instruments Incorporated, and Sensata Technologies Inc., among others.
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