Market Overview

Global and China Power Battery Management System (BMS) Industry Report 2016 - Market Expected to Hit USD7.25 Billion in 2022 - Research and Markets

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DUBLIN--(BUSINESS WIRE)--

Research and Markets has announced the addition of the "Global and China Power Battery Management System (BMS) Industry Report, 2016-2020" report to their offering.

Global BMS Market was Valued at USD1.98 Billion in 2015 and is Expected to Hit USD7.25 Billion in 2022 at a CAGR of Up to 20.5% During 2016-2022

Battery management system (BMS), a key integral of battery electric vehicle (BEV) and hybrid electric vehicle (HEV), consists mainly of battery electronics (BE) and battery control unit (BCU), with the former responsible for acquiring data on electric current, voltage, and temperature of battery and sending them to BCU for control and the latter also in charge of communicating information with other control units.

Three core functions of BMS are cell monitoring, state of charge (SOC) estimation, and single-cell battery balancing. BMS monitors the operating temperature and electric quantity of single lithium battery cell, and automatically takes steps to balance charge/discharge current and prevent occurrence of over-temperature. Making automotive power battery deliver best performance and longest service life under various working conditions is one of key technologies to develop electric vehicle.

Global electric passenger vehicle sales amounted to 549,000 units in 2015, a 67.4% surge from a year ago, with growth coming primarily from China and Europe. Power battery BMS used in foreign countries commonly adopts active balancing technology, resulting in a higher cost for single vehicle.

Traditional auto parts makers represented by Denso and Preh have gotten a head start by virtue of their important positions in OEMs' supply chain. As Toyota's the most important parts supplier, Denso has provided battery management modules for Prius, Camry Hybrid and other models. Besides serving BMW i-series BEV, Preh also explores the Chinese market with the help of its parent company- Ningbo Joyson Electronic Corp.

Cell makers like LGC attempt to, on the basis of cooperation with existing customers, simplify and generalize BMS by gradually narrowing the scope of functionality, and spin off software and data services which are provided alone to OEMs. Among OEMs, Tesla has mature and sophisticated BMS, and its next-generation BMS technology will get applied to battery packs with larger single cells.

China produced 340,471 and sold 331,092 electric vehicles in 2015, a 3.3-fold and 3.4-fold increase on a year-on-year basis, respectively. Thanks to booming EV market, the Chinese power battery BMS market size swelled to about RMB4 billion in 2015 and is expected to further soar to RMB14-15 billion in 2020.

Key Topics Covered:

1 Overview of BMS

2 Policies on BMS

3 Global BMS Market

4 Chinese BMS Market

5 Global BMS Vendors

6 Chinese BMS Vendors (Independent Third Parties)

7 Chinese BMS Vendors (OEMs)

8 Chinese BMS Vendors (Power Battery)

9 Global BMS Chip Vendors

Companies Mentioned

  • ATL
  • Analog Devices (USA)
  • Anhui LIGOO New Energy Technology Co., Ltd.
  • BAIC BJEV
  • BYD
  • Beijing Pride New Energy Battery Technology Co., Ltd.
  • China Aviation Lithium Battery Co., Ltd.
  • Hangzhou Genwell-Power Co., Ltd.
  • Harbin Guantuo Power Equipment Co., Ltd.
  • Hefei Guoxuan High-tech Power Energy Co., Ltd.
  • Huizhou E-power Electronics
  • Infineon (Germany)
  • Ningbo Bate Technology Co., Ltd.
  • Ningbo Joyson Electronic Corp. (German Preh GmbH)
  • Ningbo Longway Electrical Co., Ltd.
  • SINOEV (Hefei) Technologies
  • Shenzhen Antega Technology Co., Ltd.
  • Shenzhen Battsister Tech. Co., Ltd.
  • Shenzhen Klclear Technology
  • Sunwoda Electronic Co., Ltd.
  • Texas Instruments (USA)
  • Winston Battery
  • Wuhu Tianyuan Automobile Electric Co., Ltd.

For more information about this report visit http://www.researchandmarkets.com/research/98fk8l/global_and_china

Related Topics: Battery Technology

Research and Markets
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