Battery Management System Market - Explores New Growth Opportunities by 2025
The global battery management system market is projected to reach US$ 11,730.0 Mn by 2025, expanding at an estimated CAGR of 19.9% during the forecast period. Battery management system is an electronic system that helps maintain optimal health of rechargeable batteries. The BMS manages batteries by controlling load environment, monitoring battery state and accordingly balancing charging the battery. Battery management system is useful for ensuring prolonged life of batteries, preventing battery damage due to overcharging and voltage fluctuations, managing optimal...
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