The North American battery management system is expected to reach USD 1.58 billion by the end of this year. It is projected to register a CAGR of over 4.13% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Presently the market has reached pre-pandemic levels.
The North American 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., Texas Instruments Incorporated, Nuvation Energy, and Sensata Technologies Inc., among other companies.
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