From GlobeNewswire: 2024-04-07 21:30:00

The global automotive battery management system (BMS) market is expected to reach USD 11.7 billion by 2028, with a CAGR of 19.8% from 2023. Lithium-ion batteries dominate the market for electric vehicles, driving demand for BMS to optimize battery performance. The passenger vehicles segment is projected to experience the highest growth, reflecting increasing consumer interest in eco-friendly transportation. Key players in the market include Eberspächer, Sensata Technologies, and LG Energy Solution. The US is expected to hold a significant market share due to investments in EV battery manufacturing and BMS solutions.

Source: https://www.globenewswire.com/Tracker?data=e5ZNF9s9z_01q4Xd9jIa7d8qkMBhTsMShUbZgmRkUjS6QN4ZWJx7-KjTqMJ5FW33CFDNY_XUZWo04C4xHVPXYRwGoEG6p80bYtklADgT-OFdL1e3hjBSEW6vAqeBWPkVmsTHIhKqP3rjtR4K8LNa1XU0cZbnRgoR3Xmzy26AEEsVQnxUVb7E9jrP79I1QI4NrrbzXT167olHLh6x8QhhXjYcH_1m5b7losmTiVnsEJ77d9sTS6bkf6zyGg7jIFDo

Source: https://www.globenewswire.com/Tracker?data=8aVFgpSwB-2S6benIQVW8ilVqQHkER2f0-u5sN3LY33g0-6DDNyrkcaNYoCfjZYqNZdXjrkyBqli9rANefmPcJJRGR8xYg8_ip0gt4fxswiukPMG3TwaVNUHHhZC4JNSMb0sMuGfnyTruvtVvjiNXGhVH6sqebJSkUBhnIP7Xu40OH3gMBWpSXepCIxTrG4gST5M1zI0gdKy64Eu74VOMs6bK4apjs6a6EY_21dVpebjxc7NNaQR9vc6GukjkuW_P7SaNp4F42G3XRb5-tJAeA



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