United States Battery Monitoring System Market By Component (Hardware and Software), By Type (Wired Battery Monitoring System and Wireless Battery Monitoring System), By Battery Type (Lithium-Ion Based Battery, Lead-Acid Battery and Others), By End-User (Telecommunications, Energy, Automotive and Others), By Region, Company Forecast & Opportunities, 2027

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Power | Format: Report available in PDF / Excel Format

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United States Battery Monitoring System Market By Component (Hardware and Software), By Type (Wired Battery Monitoring System and Wireless Battery Monitoring System), By Battery Type (Lithium-Ion Based Battery, Lead-Acid Battery and Others), By End-User (Telecommunications, Energy, Automotive and Others), By Region, Company Forecast & Opportunities, 2027

United States battery monitoring system market is predicted to grow at a high CAGR by 2027. The market growth can be attributed to the rising investments in green data centres coupled with the growing demand of electric vehicles to conserve energy and decrease the environmental pollution associated with the combustion of conventional energy sources. Besides, the growing necessity of generating renewable power is expected to drive the growth of the United States battery monitoring system market in the next five years. Moreover, the enhanced battery operating efficiency and expanding demand for electric vehicles owing to rise in awareness regarding harmful effects of petrol and diesel-fuelled vehicles in the country is expected to contribute to the market growth. Moreover, automobile manufacturers are employing battery monitoring systems to prevent dangers caused by overheating of battery in electric and hybrid electric vehicles. Furthermore, stringent regulations and policies to reduce carbon emissions by the governments of both developed and developing countries are expected to contribute to the growth of the United States battery monitoring system market in the coming years.

The United States battery monitoring system market is segmented on the basis of component, type, battery type, end-user, and region. Based on component, the hardware segment dominates the market and is expected to maintain its position, due to the ease of installation, faster sampling of data, reduced cabling, and high-resolution data recording abilities of hardware components such as sensors, data loggers etc. Based on type of battery, the lithium-ion based battery segment is expected to dominate the market due to the growing adoption of lithium-ion batteries in power tools, battery backup and electric vehicles.

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Some of the leading players in the United States battery monitoring system market are SBS, Powershield, Schneider Electric, ABB, BatteryDAQ, HBL Power Systems, SOCOMEC Group, Curtis Instruments, Inc., Canara, BTECH, etc.

Attribute

Details

Historic Data

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends

Segments covered

·         By Component

·         By Type

·         By Battery Type

·         By End-User

Region scope

Northeast Region, South Region, Mid-West Region, West Region

Key companies profiled

SBS, Powershield, Schneider Electric, ABB, BatteryDAQ, HBL Power Systems, SOCOMEC Group, Curtis Instruments, Inc., Canara, BTECH

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

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