Wireless BMS market

United States Wireless BMS Market Research Report 2024-2030

  • 20 October 2024
  • Energy and Natural Resources
  • 205 Pages
  • Report code : PMR-8013512

  • 4.7 (158)

Wireless BMS Market

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The United States Wireless BMS market size was valued at US$ 312.5 million in 2024 and is projected to reach US$ 678.9 million by 2030, at a CAGR of 13.8% during the forecast period 2024-2030.

Wireless Battery Management Systems (BMS) are advanced monitoring and control systems for battery packs that use wireless communication technologies, eliminating the need for complex wiring harnesses.

The US Wireless BMS market is growing rapidly, driven by the expanding electric vehicle sector, increasing demand for more efficient and lightweight battery systems, and advancements in wireless communication technologies. In 2023, total installations reached 500,000 units, with electric vehicles accounting for 70% of market value. The market saw a 35% increase in demand for 5G-enabled wireless BMS in 2023, offering ultra-low latency for critical battery management functions. Use in stationary energy storage systems is growing at 20% annually. The market is witnessing a trend towards AI-powered BMS algorithms, with a 40% year-over-year increase in R&D investments for predictive battery health and performance optimization. Adoption of wireless BMS in electric aircraft and eVTOL vehicles grew by 50% in 2023, albeit from a small base. Key manufacturers are focusing on developing highly secure wireless protocols, with a 45% increase in cybersecurity features for wireless BMS platforms. The industry is also seeing increased integration with vehicle-to-grid (V2G) technologies, with a 55% rise in projects exploring bi-directional energy management capabilities.

Wireless BMS Market contains market size and forecasts of Wireless BMS in United States, including the following market information:

•    United States Wireless BMS Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States Wireless BMS Market Sales, 2019-2024, 2024-2030,

•    United States Top five Wireless BMS companies in 2023 (%)

Report Includes

Wireless BMS Market presents an overview of United States market for Wireless BMS , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Wireless BMS Market focuses on the Wireless BMS sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Wireless BMS market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Wireless BMS Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Wireless BMS Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Battery Control Unit

•    Wireless Cell Monitoring Unit

•    Wireless Network Manager Unit

•    Others

Segment by Applications

•    Energy Storage

•    Electric Vehicles

•    Others

Key Companies covered in Wireless BMS Market :

•    Texas Instruments

•    Analog Devices

•    NXP Semiconductors

•    Infineon Technologies

•    STMicroelectronics

•    Silicon Labs

•    Maxim Integrated

•    Renesas Electronics

•    Microchip Technology

•    A123 Systems

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Wireless BMS revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)

•    Key companies Wireless BMS revenues share in United Statesn market, 2023 (%)

•    Key companies Wireless BMS sales in United Statesn market, 2019-2024 (Estimated),

•    Key companies Wireless BMS sales share in United Statesn market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Wireless BMS Market

•    Overview of the regional outlook of the Wireless BMS Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Wireless BMS Market 

•    United States Wireless BMS Market 

•    Japan Wireless BMS Market 

•    Germany Wireless BMS Market 

•    South Korea Wireless BMS Market 

•    Indonesia Wireless BMS Market 

•    Brazil Wireless BMS Market

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