Technology trends

Wireless Battery Monitoring System Market Evolution of Technology, Trends and Industry Growth Analysis and Forecast to 2028

Wireless Battery Monitoring System Market Overview:

Wireless battery monitoring systems are becoming increasingly popular. They can be installed in vehicles and are able to transmit data via Bluetooth Low Energy. The TI system works with low cost devices and can be scaled up to 100 nodes. The TI Wireless BMS can monitor up to 16 battery cells per node. The transmitters receive data at 1.2 Mb/s, which is the best case scenario. The TI Wireless Battery Monitor System can support up to 100 nodes. A number of charging devices are connected to batteries. This balancing feature allows for greater battery capacity. It also includes a checksum for data sent and received. Plus, it eliminates the need for wired connections in harsh environments, increasing installation and maintenance costs.

Growing demand for wireless battery monitoring systems from automotive, aerospace, and healthcare industries is driving the growth of the market. These systems can anticipate any early battery failure, reducing maintenance costs in the future. In addition, their use improves personnel safety. Technological advancements in wireless battery monitoring systems are expected to provide lucrative growth opportunities in the near future. For example, in January 2021, Texas Instruments is launching a wireless battery management system for electric vehicles. The new TI system will keep those spirited mustangs under control without weighing them down.

North America is expected to witness significant growth over the forecast period owing to the high adoption rate of electric vehicles in the region. According to the Edison Electric Institute, in 2018 there were one million electric cars on American roads. While the annual sale of electric vehicles will hit the 1.4 million mark by 2025, there will be more than 18 million electric cars in the United States alone.

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Key developments:

  1. In September 2020, Analog Devices, Inc. announced the industry’s first wireless battery management system (wBMS), which provides automakers with increased flexibility to scale their fleets of electric vehicles into volume production in a wide range of vehicle classes.
  2. In July 2021, ABLIC Inc. released the S-191L/N series, a high voltage battery monitoring IC for automotive use with the industry’s first split output to supply voltage.
  3. In January 2021, TI unveiled its wireless battery management system for electric vehicles that meets ASIL-D requirements, reducing design complexity and cost
  4. In February 2022, Orca Systems announced its first wireless system-on-chip (SoC) solution for the satellite Internet of Things (IoT), the ORC3990

Market competition assessment:

The wireless battery monitoring system market is considered to be the most diverse and competitive market comprising a large number of players. The market is dominated by several players, based on their great skills. The main players in this market are

  • SOCOMEC Group
  • Raytheon Anschutz
  • ST Microelectronics
  • AEG Power Solutions Group
  • Storage Battery Systems, LLC
  • Helios Power Solutions
  • Hitachi Chemical Co.Ltd.
  • A&C Solutions SPRL
  • AMETEK Solid State Controls

Segments covered in the report:

This report forecasts the revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented Battery Without Global Wire Monitoring System Market report on the basis of types, applications, and regions.

By Product Type, the market is primarily segmented into:

  • Material
  • FT transceiver
  • Battery cell top
  • RF Battery Cell Sensor
  • Others
  • Software

By Applications, market is segmented into:

  • Automotive
  • Telecommunication
  • Aeronautics & Defense
  • Health care
  • Others

The report covers the following regions:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Africa
  • Middle East

Primary research insights:

The primary research process begins with the verification and validation of every detail obtained during the secondary research. This is done with the help of industry experts and in-house analysts who verify data authentication. Stratagem Market Insights also ensures that our research is not constrained by certain boundaries, which is why we consult with every individual in the value chain, including raw material suppliers, local sellers, wholesalers, distributors, etc. . We also make sure that every detail provided in the document will have some value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are only calculated in primary research.

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The report sheds light on various aspects of the market. Some of the most important are:

  1. What might be the best investment choices for venturing into new lines of products and services?
  2. Which regions could see demand mature in certain segments in the near future?
  3. What government regulations could challenge the status of key regional markets?
  4. What are some of the value creation opportunities in various segments?
  5. What will be the barrier to entry for new players in the market?

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