Global Battery Monitoring System Market to reach a market size of $6.0 billion by 2023

Growth, Trends and Report Highlights

According to a new report Global Battery Monitoring System Market, published by KBV research, the Global Battery Monitoring System Market size is expected to reach $6.0 billion by 2023, rising at a market growth of 18% CAGR during the forecast period.

The North America market holds the largest market share in Global Battery Monitoring System Hardware Market by Region in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 14.2 % during the forecast period. The Europe market is expected to witness a CAGR of 21.5% during (2017 - 2023) in Global Battery Monitoring System Software Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 24.6% during (2017 - 2023).

The Lithium-Ion Based Battery market holds the largest market share in Global Battery Monitoring System Market by Battery Type in 2016 and would continue to be a dominant market till 2023. The Lead Acid Battery market is expected to witness a CAGR of 18.4% during (2017 - 2023).

The Telecommunications market holds the largest market share in Global Battery Monitoring System Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 16.6 % during the forecast period. The Industries market is expected to witness a CAGR of 17.7% during (2017 - 2023). Additionally, The Energy market would garner market size of $1,056.8 million by 2023.

Full Report: https://www.kbvresearch.com/battery-monitoring-system-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Battery Monitoring System Market have been discussed in the report with the elaborated company profiles of Benchmark Electronics Inc., Texas Instruments Incorporated, Socomec, Eagle Eye Networks, Inc., PowerShield, BatteryDAQ Company, Schneider Electric SE, ABB Group, NDSL Group Limited, and General Electric (GE).

Global Battery Monitoring System Market Size Segmentation

By Component Type

• Hardware
• Software

By Type

• Lithium-Ion Based Battery
• Lead Acid Battery
• Others

By Connectivity Type

• Wireless Battery Monitoring System
• Wired Battery Monitoring System

By Vertical

• Telecommunications
• Industries
• Energy
• Automotive
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of Global
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Benchmark Electronics Inc.
• Texas Instruments Incorporated
• Socomec
• Eagle Eye Networks, Inc.
• PowerShield
• BatteryDAQ Company
• Schneider Electric SE
• ABB Group
• NDSL Group Limited
• General Electric (GE)

Related Reports:

North America Battery Monitoring System Market (2017-2023)

Europe Battery Monitoring System Market (2017-2023)

Asia Pacific Battery Monitoring System Market (2017-2023)

LAMEA Battery Monitoring System Market (2017-2023)