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Frost & Sullivan Sep 11, 2017, 05:41 ET
Frost & Sullivan’s TechVision research, Emerging Innovations in Battery Management Systems, analyses the application sectors that employ BMS, including automotive, healthcare, telecommunications, consumer electronics, and utility grid. It identifies the emerging innovations and technology developments within this sector with a focus on future outlook, adoption trends, strategic insights, and key innovators.
To access more information on this analysis, please visit: https://goo.gl/g9ZyD2
“With the demand for electric and hybrid vehicles escalating in recent years due to emission control issues, BMS innovations in the automotive segment will significantly boost market growth,” said Frost & Sullivan TechVision Research Analyst Kowtham Kumar Kannadasan. “Automotive manufacturers are investing heavily in research and development to produce advanced BMS solutions for effectively facilitating electrical aging characteristics due to induced vibrations in rechargeable energy storage systems.”
Other developments and growth opportunities include:
“On the flip side, an increased number of local manufacturers are offering products with multiple specifications that are widely limiting the identification of standard products and impacting the product quality,” noted Kannadasan. “In addition, the rising adoption of luxury features such as climate control, on-board entertainment, and in-seat heating are adding more challenges for manufacturers to develop BMS models that are able to handle extra functionalities while keeping the system design less complex.”