Tuesday, 02 January 2024 12:17 GMT

Automotive Battery Management System Research Report 2026-2035: A $13.76 Billion Market By 2030 With Robert Bosch, Continental, LG Chem, Panasonic, Samsung SDI, A123 Systems Leading


(MENAFN- GlobeNewsWire - Nasdaq) The automotive battery management system market is set to expand rapidly, driven by rising electric vehicle adoption, integration with vehicle controls, and demand for longer battery life. Opportunities also arise from the development of solid-state batteries, modular BMS architectures, and enhanced battery safety features.

Dublin, Feb. 26, 2026 (GLOBE NEWSWIRE) -- The "Automotive Battery Management System Market Report 2026" has been added to ResearchAndMarkets's offering.

The automotive battery management system (BMS) market is witnessing substantial growth, forecasted to expand from $6.65 billion in 2025 to $13.76 billion in 2030 at a compound annual growth rate (CAGR) of 15.6%. This progression is driven by burgeoning electric vehicle (EV) adoption, advancements in lithium-ion battery technology, and stringent safety regulations encouraging battery performance optimization. The demand for BMS in electric and hybrid vehicles is expected to soar, underpinned by innovations like modular BMS architectures, enhanced battery safety features, and real-time battery analytics.

The rising global adoption of electric vehicles significantly propels BMS demand. As electric vehicles rely on electric motors instead of internal combustion engines, battery management systems become critical in optimizing battery health and longevity. Reports from June 2024 highlight a surge in the U.S. EV sales, reaching approximately 1.4 million units in 2023 from nearly 1 million in 2022, indicating strong consumer inclination towards EVs and underscoring the necessity for efficient BMS systems.

Major players in the BMS industry are innovating to launch compact systems that enhance vehicle safety and operational efficiency. These systems simplify wiring by combining monitoring, control, and protection functions, thereby facilitating real-time diagnostics and efficient thermal management. For instance, Sensata Technologies introduced the c-BMS24X in May 2023, a compact BMS supporting up to 24 lithium-ion cells, equipped with temperature sensors and advanced protection algorithms.

Strategic acquisitions are also shaping the industry. Ford Motor Company's acquisition of Auto Motive Power (AMP) in November 2023 aims to bolster Ford's EV charging infrastructure and improve customer experiences. This move highlights the strategic importance of BMS technology in expanding electric vehicle offerings.

Key companies in this sector include Robert Bosch GmbH, Continental AG, LG Chem Ltd., Sensata Technologies, and Auto Motive Power, among others. The largest and fastest-growing market during the forecast period is Asia-Pacific, reflecting a regional shift towards comprehensive EV adoption and integration.

The BMS market encompasses revenues from battery cell monitoring, cut-off FETs, temperature monitoring, cell voltage balancing, and other key functions. This market growth includes goods and services traded directly with consumers, highlighting the increased need for advanced BMS solutions in the evolving landscape of electromobility.

Report Scope

  • By Connection Topology: Centralized, Distributed, Modular Automotive Battery Management Systems
  • By Propulsion Type: IC Engine, Electric Vehicles
  • By Vehicle Type: Passenger Cars, Commercial Vehicles

Key Attributes:

Report Attribute Details
No. of Pages 250
Forecast Period 2026 - 2030
Estimated Market Value (USD) in 2026 $7.71 Billion
Forecasted Market Value (USD) by 2030 $13.76 Billion
Compound Annual Growth Rate 15.6%
Regions Covered Global

Key Technologies & Future Trends

  • Electric Mobility & Transportation Electrification
  • Digitalization, Cloud, Big Data & Cybersecurity
  • Industry 4.0 & Intelligent Manufacturing
  • Sustainability, Climate Tech & Circular Economy
  • Autonomous Systems, Robotics & Smart Mobility
  • Advancement of Modular Bms Architectures
  • Integration With Vehicle Control Systems
  • Growth of Software-Defined Bms
  • Demand for Enhanced Battery Safety
  • Adoption in Electric and Hybrid Vehicles

Companies Featured

  • Robert Bosch GmbH
  • Continental AG
  • LG Chem Ltd.
  • Panasonic Corporation
  • Samsung SDI Co. Ltd.
  • A123 Systems LLC
  • Denso Corporation
  • BYD Company Limited
  • Johnson Controls International plc
  • Delphi Technologies
  • Lear Corporation
  • Hitachi Automotive Systems
  • Texas Instruments Incorporated
  • Infineon Technologies AG
  • ON Semiconductor Corporation
  • Analog Devices Inc.
  • STMicroelectronics NV
  • Elithion Inc.
  • Preh GmbH
  • Nuvation Energy
  • Toshiba Corporation
  • NXP Semiconductors NV
  • Intel Corporation
  • Eberspacher
  • Calsonic Kansei Corporation
  • AVL List GmbH


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Attachment

  • Automotive Battery Management System Market
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