The battery management system (BMS) market is diverse, with multiple applications that use a large number of battery packs. Rising demand for electric vehicles, energy storage systems, and aerospace and defense equipment powered by batteries make BMS an important component in daily life. BMS has evolved from a mere monitoring unit to an advanced, intelligent unit that decides what a battery should do at different modes of operation. The study also analyses the application sectors that employ these batteries, mainly automotive, healthcare, telecommunications, consumer electronics and utility-grid, and the innovations occurring in each sector. The study also analyses the application sectors that employ these batteries, mainly automotive, healthcare, telecommunications, consumer electronics and utility-grid, and the innovations occurring in each sector.

The research service offers insights on the following:
• Battery management systems (BMS) overview
• Emerging innovations and developments
• Adoption trends
• Future outlook
• Strategic Insights This research service also briefs about current scenario of the battery management system, its drivers and challenges that the industry needs to address.