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Battery Management Modules Market Segmentation by Regions, Production, Consumption and Revenue 2017-2025

(IT-NEWSWIRE.COM, October 21, 2017 ) In the recent past, Natural disasters and man-made catastrophes such as floods, earthquakes, fire, hijacking, terrorist attacks, and others, have been witnessed all over the world causing severe destruction to global economies and loss of human life. In such situations, prompt security and urgent medical help is required. Intelligent emergency response system is proved to be helpful in such disasters by tackling such disastrous situations. Technological developments have made it conceivable to connect, alert and share information to a huge mass in a short period. Intelligent emergency response system is a prime illustration of technological progression that aids in strengthening security through sending alerts to the medical teams, government authorities and civilians while such emergency situations. During emergency circumstances for example fire in buildings, it becomes extremely difficult for evacuees to look for the nearest evacuation path. Emergency response system plays a vital role by helping evacuees find the safest path in situation of emergencies and evade the rush.

Fast adoption of technological advancements such as Internet of Things (IoT) in the developed countries as well as urban regions is propelling the global market for intelligent emergency response system. Moreover, governments and other responsible authorities are also encouraging the installation of these systems, concerning about the large crowd and high risk factors involved. Threat of terrorism and homeland security is another major concern of the governments driving the market growth. Fast adoption of these systems has been noticed in highly crowded places such as stadiums, shopping malls and auditoriums due to serious threat of terrorism and thus, need for security is mandatory in such places. Also, upsurge in mining industries, awareness about significance of security, hazardous industries, up-gradation of architecture with up-to-date emergency systems are other factors propelling the demand for the global intelligent emergency response market. However, scarceness of interoperability amongst products and absence or lack of awareness regarding technical features restraining the growth of the market.

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The intelligent emergency response system market is segmented by application into energy & power, government, defense, industrial, healthcare, education, oil & gas, mining, , residential and others. The market is also segmented on the basis of component into wireless chipsets, detectors, sensors, display & lighting, access control, programmable logic controller and optoelectronics. Furthermore, the global market for intelligent emergency response system is bifurcated by system into signage, video surveillance system, back-up power generators, communications system, broadcasting systems, perimeter intrusion system and others. On the basis of geography, the intelligent emergency response system is bisected into North America, Europe, Middle East & Africa, Asia Pacific and South America.

North America holds the largest share of the global intelligent emergency response systems market and Europe being the second holder. Growing need for new regulations & standards to regenerate emergency response in the countries is the key reason of the growing demand in North America and Europe. APAC is anticipated to be the fastest growing market in the near future, owing to increasing adoption of improved technological solutions in emergency circumstances.

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Cooper Industries PLC, Honeywell, Inc., Safeguard Communications UK LTD, Pageone, ATI Systems (Acoustic Technology, Inc.), Siemens Ag, Everbridge Inc., Criticall Ltd., Mircom Technologies Ltd., Spectrarep, Llc., Vocal Technologies, United Technologies Corporation, Phoenix It Group , Hiplink Software, F 24 Ag, Digital Acoustics, Criticall Ltd. are some of the key industries operating in the global intelligent emergency response systems market.

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The Battery Management System (BMS) monitors battery state, controls load environment and accordingly balances the battery charging. Battery management system is beneficial for safeguarding extended battery life, restraining battery damage caused by voltage fluctuations and overcharging, handling optimum state of battery charging and enabling BMS combines with host application to offer real-time information concerning battery health. The system follows three kinds of topologies i.e. centralized, modular and distributed. Distributed BMS comprise of only one communication cable controller and battery with a cell board connected to each cell. Modular BMS consist of multiple controllers which control certain number of cells that communicate with each other. Centralized BMS include single controller that is linked to battery cells through communication wires.

Battery management systems are particularly designed to meet the requirements of managing and protecting Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicle (PHEV) and battery packs used in Electric Vehicles (EV) with automotive grade quality. The growing applications of batteries that can be recharged in telecom, military and healthcare, and developing market for hybrid and electric vehicles are factors propelling the global market growth. The progress of battery management systems in power grids and automotive industry are representing the strong adoption of BMS globally. Automotive sector holds the largest market share and then comes consumer/handheld and energy. Possibility of fire accidents of electric vehicles (mostly battery electric vehicles) resulted in consumers’ concerns regarding the safety of electric vehicles. AS compared to HEV, both BEV and PHEV have more compound battery system assembly that needs more efficient battery strength and safety; thus, BEV and PHEV require more developed and dependable BMS. The BMS market is anticipated to propagate the growth of the EV market.

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The electronics manufacturers are concentrating on producing small versions of electronic products, resulting in reduced size of BMS. Rising demand for reducing fuel costs and maximizing vehicle competence has led to technological progressions in EV and HEV. To upsurge utilization of battery storage ability and evade hazardous incidents caused by battery overheating, Original Equipment Manufacturers (OEM) of e-bikes and e-vehicles are integrating BMS systems in these vehicles. The global market for BEM is experiencing complex competition due to existence of huge number of manufacturer.

The global battery management system market is segmented by topology into distributed, centralized and modular. Further, the market is segmented by component that includes battery, DC/DC converter, power module and communication channel. Also, the global battery management market is bifurcated on the basis of end-user into automotive, consumer/handheld and energy. This market is also bisected by regions i.e. Europe, APAC, North America, South America and Middle East & Africa.

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The global market for battery management system is dominated by Asia Pacific owing to existence of major automotive manufacturers and increasing usage of hybrid and electric vehicles in China. Europe and North America covers the second largest share in the market. L&T Technology Services, Electric Vehicle Innovative Systems, Valence Technology, Inc., Panacis Inc., Johnson Matthey PLC, Merlin Equipment Ltd., Ashwoods Energy Limited, Vecture Inc., Toshiba Corporation, Lithium Balance Corporation, SK Continental E-motion, Nuvation Engineering, TWS are some of the key market players in the global battery management system market among others.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com



The Insight Partners

Sameer Joshi

+91 9666111581

sam@theinsightpartners.com

Source: EmailWire.Com

Source: EmailWire.com

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