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Battery Monitoring System Market

Battery Monitoring System - Global Market Outlook (2019-2027)

4.4 (84 reviews)
Published: August 2020 ID: SMRC19793
4.4 (84 reviews)
Published: August 2020 ID: SMRC19793

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Battery Monitoring System Market is accounted for $3.35 billion in 2019 and is expected to reach $14.62 billion by 2027 growing at a CAGR of 20.2% during the forecast period. Increased operational efficiency of batteries, rising renewable power generation, and increasing demand for electric vehicles is some of the factors propelling the growth of the market. However, the high cost of these systems for larger battery solutions is hampering the growth of the market.

The battery monitoring system is a combination of hardware and software which ensures the optimal utilization of energy inside the battery. The battery monitoring system aims to notify the user about the existing scenario and the health of the battery or battery bank.  It operates by preventing costly downtime due to unexpected battery failures.

Based on the battery type, the lithium-ion based segment is anticipated to hold considerable market share during the forecast period due to the increasing deployment of lithium-ion batteries in electric vehicles, power tools, and battery backup applications and increasing electric vehicle sales, wherein lithium-ion batteries are deployed. By geography, North America is expected to grow at a significant market share during the forecast period owing to the increasing investments in data centres, rising demand for hybrid electric vehicles, and growing renewable power generation capacities.

Some of the key players profiled in the Battery Monitoring System Market include NDSL, Texas Instruments, Powershield, Batterydaq, Canara, Eagle Eye, HBL, SBS, Schneider Electric, ABB, Socomec, and Curtis.    

Products Covered:
• Universal Xplorer Telecom Battery Monitor (UXTM) 
• Universal Xplorer Industrial Battery Monitor (UXIM) 
• Universal Battery Diagnostic System 

Components Covered:
• Hardware
• Software & Services   

Connection Types Covered:
• Wireless
• Wired 

Battery Types Covered:
• Lithium-Ion Based
• Lead-Acid
• Other Battery Types

Applications Covered:
• Intelligent Batteries
• Power Plant 

End Users Covered:
• Telecommunication & IT 
• Manufacturing 
• Industrial 
• Energy 
• Automotive 

Types Covered:
• Data Recorders
• Data Loggers
• Hubs
• Sensors
• Controllers 
• Communication Networks 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary            
              
2 Preface  
          
 2.1 Abstract            
 2.2 Stake Holders           
 2.3 Research Scope           
 2.4 Research Methodology          
  2.4.1 Data Mining          
  2.4.2 Data Analysis          
  2.4.3 Data Validation          
  2.4.4 Research Approach          
 2.5 Research Sources           
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions          
              
3 Market Trend Analysis           
 3.1 Introduction           
 3.2 Drivers            
 3.3 Restraints           
 3.4 Opportunities           
 3.5 Threats            
 3.6 Product Analysis           
 3.7 Application Analysis          
 3.8 End User Analysis           
 3.9 Emerging Markets           
 3.10 Impact of Covid-19           
              
4 Porters Five Force Analysis           
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry           
              
5 Global Battery Monitoring System Market, By Product        
 5.1 Introduction           
 5.2 Universal Xplorer Telecom Battery Monitor (UXTM)        
 5.3 Universal Xplorer Industrial Battery Monitor (UXIM)       
 5.4 Universal Battery Diagnostic System         
              
6 Global Battery Monitoring System Market, By Component        
 6.1 Introduction           
 6.2 Hardware           
 6.3 Software & Services           
              
7 Global Battery Monitoring System Market, By Connection Type       
 7.1 Introduction           
 7.2 Wireless            
 7.3 Wired            
              
8 Global Battery Monitoring System Market, By Battery Type        
 8.1 Introduction           
 8.2 Lithium-Ion Based           
 8.3 Lead-Acid           
 8.4 Other Battery Types           
  8.4.1 Flow Batteries          
  8.4.2 Nickel-based Batteries         
              
9 Global Battery Monitoring System Market, By Application        
 9.1 Introduction           
 9.2 Intelligent Batteries          
 9.3 Power Plant           
              
10 Global Battery Monitoring System Market, By End User        
 10.1 Introduction           
 10.2 Telecommunication & IT          
 10.3 Manufacturing           
 10.4 Industrial            
 10.5 Energy            
 10.6 Automotive           
              
11 Global Battery Monitoring System Market, By Type         
 11.1 Introduction           
 11.2 Data Recorders           
 11.3 Data Loggers           
 11.4 Hubs            
 11.5 Sensors            
 11.6 Controllers            
 11.7 Communication Networks           
              
12 Global Battery Monitoring System Market, By Geography        
 12.1 Introduction           
 12.2 North America           
  12.2.1 US           
  12.2.2 Canada           
  12.2.3 Mexico           
 12.3 Europe            
  12.3.1 Germany           
  12.3.2 UK           
  12.3.3 Italy           
  12.3.4 France           
  12.3.5 Spain           
  12.3.6 Rest of Europe          
 12.4 Asia Pacific           
  12.4.1 Japan           
  12.4.2 China           
  12.4.3 India           
  12.4.4 Australia           
  12.4.5 New Zealand          
  12.4.6 South Korea          
  12.4.7 Rest of Asia Pacific          
 12.5 South America           
  12.5.1 Argentina          
  12.5.2 Brazil           
  12.5.3 Chile           
  12.5.4 Rest of South America         
 12.6 Middle East & Africa          
  12.6.1 Saudi Arabia          
  12.6.2 UAE           
  12.6.3 Qatar           
  12.6.4 South Africa          
  12.6.5 Rest of Middle East & Africa         
              
13 Key Developments            
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 13.2 Acquisitions & Mergers          
 13.3 New Product Launch          
 13.4 Expansions           
 13.5 Other Key Strategies          
              
14 Company Profiling            
 14.1 NDSL            
 14.2 Texas Instruments           
 14.3 Powershield           
 14.4 Batterydaq           
 14.5 Canara            
 14.6 Eagle Eye            
 14.7 HBL            
 14.8 SBS            
 14.9 Schneider Electric           
 14.10 ABB            
 14.11 Socomec            
 14.12 Curtis


List of Tables             
1 Global Battery Monitoring System Market Outlook, By Region (2018-2027) ($MN)      
2 Global Battery Monitoring System Market Outlook, By Product (2018-2027) ($MN)      
3 Global Battery Monitoring System Market Outlook, By Universal Xplorer Telecom Battery Monitor (UXTM) (2018-2027) ($MN)  
4 Global Battery Monitoring System Market Outlook, By Universal Xplorer Industrial Battery Monitor (UXIM) (2018-2027) ($MN) 
5 Global Battery Monitoring System Market Outlook, By Universal Battery Diagnostic System (2018-2027) ($MN)   
6 Global Battery Monitoring System Market Outlook, By Component (2018-2027) ($MN)     
7 Global Battery Monitoring System Market Outlook, By Hardware (2018-2027) ($MN)     
8 Global Battery Monitoring System Market Outlook, By Software & Services (2018-2027) ($MN)    
9 Global Battery Monitoring System Market Outlook, By Connection Type (2018-2027) ($MN)     
10 Global Battery Monitoring System Market Outlook, By Wireless (2018-2027) ($MN)      
11 Global Battery Monitoring System Market Outlook, By Wired (2018-2027) ($MN)      
12 Global Battery Monitoring System Market Outlook, By Battery Type (2018-2027) ($MN)     
13 Global Battery Monitoring System Market Outlook, By Lithium-Ion Based (2018-2027) ($MN)     
14 Global Battery Monitoring System Market Outlook, By Lead-Acid (2018-2027) ($MN)     
15 Global Battery Monitoring System Market Outlook, By Other Battery Types (2018-2027) ($MN)    
16 Global Battery Monitoring System Market Outlook, By Flow Batteries (2018-2027) ($MN)     
17 Global Battery Monitoring System Market Outlook, By Nickel-based Batteries (2018-2027) ($MN)    
18 Global Battery Monitoring System Market Outlook, By Application (2018-2027) ($MN)     
19 Global Battery Monitoring System Market Outlook, By Intelligent Batteries (2018-2027) ($MN)    
20 Global Battery Monitoring System Market Outlook, By Power Plant (2018-2027) ($MN)     
21 Global Battery Monitoring System Market Outlook, By End User (2018-2027) ($MN)      
22 Global Battery Monitoring System Market Outlook, By Telecommunication & IT (2018-2027) ($MN)    
23 Global Battery Monitoring System Market Outlook, By Manufacturing (2018-2027) ($MN)     
24 Global Battery Monitoring System Market Outlook, By Industrial (2018-2027) ($MN)     
25 Global Battery Monitoring System Market Outlook, By Energy (2018-2027) ($MN)      
26 Global Battery Monitoring System Market Outlook, By Automotive (2018-2027) ($MN)     
27 Global Battery Monitoring System Market Outlook, By Type (2018-2027) ($MN)      
28 Global Battery Monitoring System Market Outlook, By Data Recorders (2018-2027) ($MN)     
29 Global Battery Monitoring System Market Outlook, By Data Loggers (2018-2027) ($MN)     
30 Global Battery Monitoring System Market Outlook, By Hubs (2018-2027) ($MN)      
31 Global Battery Monitoring System Market Outlook, By Sensors (2018-2027) ($MN)      
32 Global Battery Monitoring System Market Outlook, By Controllers (2018-2027) ($MN)     
33 Global Battery Monitoring System Market Outlook, By Communication Networks (2018-2027) ($MN)    
              
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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