Europe Electric Vehicle Battery Management System (EVBMS) Market 2022-2031 by Component (Hardware, Software & Services), Product Type (Distributed, Centralized, Modular), Application (Voltage Monitoring, Thermal Management, Current Management, Charging and Discharging Control, Others), Battery Type (Lithium Ion, Redox Flow, Lead Acid, Others), Propulsion Type (BEVs, HEVs, PHEVs, FCEVs), Vehicle Type (Passenger, Commercial), and Country: Trend Forecast and Growth Opportunity
- Report ID: 43072
- Date: Aug, 2022
- Pages: 122
- Category: Automotive & Transportation
Europe electric vehicle battery management system (EVBMS) market was valued at $1,846.0 million in 2022 and will grow by 15.3% annually over 2022-2031, driven by the rising sales for electric vehicles (EVs), increasing demand for sustainable and clean energy vehicles, supportive government initiatives, and the depleting fossil fuel and rising environmental awareness amongst people.
Highlighted with 34 tables and 63 figures, this 122-page report “Europe Electric Vehicle Battery Management System (EVBMS) Market 2022-2031 by Component (Hardware, Software & Services), Product Type (Distributed, Centralized, Modular), Application (Voltage Monitoring, Thermal Management, Current Management, Charging and Discharging Control, Others), Battery Type (Lithium Ion, Redox Flow, Lead Acid, Others), Propulsion Type (BEVs, HEVs, PHEVs, FCEVs), Vehicle Type (Passenger, Commercial), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe electric vehicle battery management system (EVBMS) market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2022 and provides forecast from 2022 till 2031 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe electric vehicle battery management system (EVBMS) market in every aspect of the classification from perspectives of Component, Product Type, Application, Battery Type, Propulsion Type, Vehicle Type, and Country.
Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.
• Hardware
o Fuel Gauge/Current Measurement Devices
o Temperature Sensor
o Integrated Circuits
o Cutoff FETs and FET Driver
o Microcontroller
o Other Hardware
• Software & Services
Based on Product Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.
• Distributed BMS
• Centralized BMS
• Modular BMS
By Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.
• Voltage Monitoring
• Thermal Management
• Current Management
• Charging and Discharging Control
• Other Applications
By Battery Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.
• Lithium Ion
• Redox Flow
• Lead Acid
• Other Battery Types
By Propulsion Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.
• Battery Electric Vehicles (BEVs)
• Hybrid Electric Vehicles (HEVs)
• Plug-in Hybrid Electric Vehicle (PHEVs)
• Fuel Cell Electric Vehicle (FCEVs)
By Vehicle Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2031 included in each section.
• Passenger Cars
• Commercial Vehicles
• Other Vehicles
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2031. The breakdown of national markets by Battery Type, Propulsion Type and Vehicle Type over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Analog Devices Inc.
BYD
Contemporary Amperex Technology Co. Limited (CATL)
Hyundai Mobis
Infineon Technologies AG
Keihin Corporation
NXP Semiconductors
Renesas Electronics Corporation
SAIC Motor Corporation Limited
Silicon Laboratories
TE Connectivity
Tesla Motors
Texas Instruments Incorporated
Visteon Corporation
Vitesco Technologies
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 27
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of Europe Market by Component 45
3.1 Market Overview by Component 45
3.2 Hardware 47
3.2.1 Fuel Gauge/Current Measurement Devices 49
3.2.2 Temperature Sensor 50
3.2.3 Integrated Circuits 51
3.2.4 Cutoff FETs and FET Driver 52
3.2.5 Microcontroller 53
3.2.6 Other Hardware 54
3.3 Software & Services 55
4 Segmentation of Europe Market by Product Type 56
4.1 Market Overview by Product Type 56
4.2 Distributed BMS 58
4.3 Centralized BMS 59
4.4 Modular BMS 60
5 Segmentation of Europe Market by Application 61
5.1 Market Overview by Application 61
5.2 Voltage Monitoring 63
5.3 Thermal Management 64
5.4 Current Management 65
5.5 Charging and Discharging Control 66
5.6 Other Applications 67
6 Segmentation of Europe Market by Battery Type 68
6.1 Market Overview by Battery Type 68
6.2 Lithium Ion 70
6.3 Redox Flow 71
6.4 Lead Acid 72
6.5 Other Battery Types 73
7 Segmentation of Europe Market by Propulsion Type 74
7.1 Market Overview by Propulsion Type 74
7.2 Battery Electric Vehicles (BEVs) 76
7.3 Hybrid Electric Vehicles (HEVs) 77
7.4 Plug-in Hybrid Electric Vehicle (PHEVs) 78
7.5 Fuel Cell Electric Vehicle (FCEVs) 79
8 Segmentation of Europe Market by Vehicle Type 80
8.1 Market Overview by Vehicle Type 80
8.2 Passenger Cars 82
8.3 Commercial Vehicles 83
8.4 Other Vehicles 84
9 European Market 2021-2031 by Country 85
9.1 Overview of European Market 85
9.2 Germany 88
9.3 U.K. 90
9.4 France 92
9.5 Spain 94
9.6 Italy 96
9.7 Netherlands 98
9.8 Rest of European Market 100
10 Competitive Landscape 102
10.1 Overview of Key Vendors 102
10.2 New Product Launch, Partnership, Investment, and M&A 105
10.3 Company Profiles 106
Analog Devices Inc. 106
BYD 108
Contemporary Amperex Technology Co. Limited (CATL) 109
Hyundai Mobis 110
Infineon Technologies AG 111
Keihin Corporation 112
NXP Semiconductors 113
Renesas Electronics Corporation 114
SAIC Motor Corporation Limited 115
Silicon Laboratories 116
TE Connectivity 117
Tesla Motors 118
Texas Instruments Incorporated 119
Visteon Corporation 120
Vitesco Technologies 121
RELATED REPORTS 122
List of Tables
Table 1. Snapshot of Europe Electric Vehicle Battery Management System Market in Balanced Perspective, 2021-2031 19
Table 2. World Economic Outlook, 2021-2031 24
Table 3. World Economic Outlook, 2021-2023 25
Table 4. Main Product Trends and Market Opportunities in Europe Electric Vehicle Battery Management System Market 37
Table 5. Europe Electric Vehicle Battery Management System Market by Component, 2021-2031, $ mn 45
Table 6. Europe Electric Vehicle Battery Management System Market: Hardware by Type, 2021-2031, $ mn 48
Table 7. Europe Electric Vehicle Battery Management System Market by Product Type, 2021-2031, $ mn 56
Table 8. Europe Electric Vehicle Battery Management System Market by Application, 2021-2031, $ mn 61
Table 9. Europe Electric Vehicle Battery Management System Market by Battery Type, 2021-2031, $ mn 68
Table 10. Europe Electric Vehicle Battery Management System Market by Propulsion Type, 2021-2031, $ mn 74
Table 11. Europe Electric Vehicle Battery Management System Market by Vehicle Type, 2021-2031, $ mn 80
Table 12. Europe Electric Vehicle Battery Management System Market by Country, 2021-2031, $ mn 87
Table 13. Germany Electric Vehicle Battery Management System Market by Battery Type, 2021-2031, $ mn 89
Table 14. Germany Electric Vehicle Battery Management System Market by Propulsion Type, 2021-2031, $ mn 89
Table 15. Germany Electric Vehicle Battery Management System Market by Vehicle Type, 2021-2031, $ mn 89
Table 16. U.K. Electric Vehicle Battery Management System Market by Battery Type, 2021-2031, $ mn 91
Table 17. U.K. Electric Vehicle Battery Management System Market by Propulsion Type, 2021-2031, $ mn 91
Table 18. U.K. Electric Vehicle Battery Management System Market by Vehicle Type, 2021-2031, $ mn 91
Table 19. France Electric Vehicle Battery Management System Market by Battery Type, 2021-2031, $ mn 93
Table 20. France Electric Vehicle Battery Management System Market by Propulsion Type, 2021-2031, $ mn 93
Table 21. France Electric Vehicle Battery Management System Market by Vehicle Type, 2021-2031, $ mn 93
Table 22. Spain Electric Vehicle Battery Management System Market by Battery Type, 2021-2031, $ mn 95
Table 23. Spain Electric Vehicle Battery Management System Market by Propulsion Type, 2021-2031, $ mn 95
Table 24. Spain Electric Vehicle Battery Management System Market by Vehicle Type, 2021-2031, $ mn 95
Table 25. Italy Electric Vehicle Battery Management System Market by Battery Type, 2021-2031, $ mn 97
Table 26. Italy Electric Vehicle Battery Management System Market by Propulsion Type, 2021-2031, $ mn 97
Table 27. Italy Electric Vehicle Battery Management System Market by Vehicle Type, 2021-2031, $ mn 97
Table 28. Netherlands Electric Vehicle Battery Management System Market by Battery Type, 2021-2031, $ mn 99
Table 29. Netherlands Electric Vehicle Battery Management System Market by Propulsion Type, 2021-2031, $ mn 99
Table 30. Netherlands Electric Vehicle Battery Management System Market by Vehicle Type, 2021-2031, $ mn 99
Table 31. Electric Vehicle Battery Management System Market in Rest of Europe by Country, 2021-2031, $ mn 101
Table 32. Analog Devices Inc.: Company Snapshot 106
Table 33. Analog Devices Inc.: Business Segmentation 107
Table 34. Analog Devices Inc.: Product Portfolio 107
List of Figures
Figure 1. A Scheme of EVBMS 9
Figure 2. Research Method Flow Chart 13
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 4. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 18
Figure 5. Industry Value Chain Analysis 21
Figure 6. Europe Electric Vehicle Battery Management System Market, 2021-2031, $ mn 22
Figure 7. Impact of COVID-19 on Business 27
Figure 8. Primary Drivers and Impact Factors of Europe Electric Vehicle Battery Management System Market 29
Figure 9. World Electric Vehicle Market, 2019-2030, $ bn 32
Figure 10. Share of GHG Emissions Covered by Countries That Have Adopted or Announced Net Zero Emission Targets 32
Figure 11. Cumulative Carbon Dioxide Emissions by Country, 1850-2021 33
Figure 12. Primary Restraints and Impact Factors of Europe Electric Vehicle Battery Management System Market 34
Figure 13. Investment Opportunity Analysis 38
Figure 14. Porter’s Fiver Forces Analysis of Europe Electric Vehicle Battery Management System Market 41
Figure 15. Breakdown of Europe Electric Vehicle Battery Management System Market by Component, 2021-2031, % of Revenue 46
Figure 16. Europe Addressable Market Cap in 2022-2031 by Component, Value ($ mn) and Share (%) 46
Figure 17. Europe Electric Vehicle Battery Management System Market by Component: Hardware, 2021-2031, $ mn 47
Figure 18. Europe Electric Vehicle Battery Management System Market by Hardware: Fuel Gauge/Current Measurement Devices, 2021-2031, $ mn 49
Figure 19. Europe Electric Vehicle Battery Management System Market by Hardware: Temperature Sensor, 2021-2031, $ mn 50
Figure 20. Europe Electric Vehicle Battery Management System Market by Hardware: Integrated Circuits, 2021-2031, $ mn 51
Figure 21. Europe Electric Vehicle Battery Management System Market by Hardware: Cutoff FETs and FET Driver, 2021-2031, $ mn 52
Figure 22. Europe Electric Vehicle Battery Management System Market by Hardware: Microcontroller, 2021-2031, $ mn 53
Figure 23. Europe Electric Vehicle Battery Management System Market by Hardware: Other Hardware, 2021-2031, $ mn 54
Figure 24. Europe Electric Vehicle Battery Management System Market by Component: Software & Services, 2021-2031, $ mn 55
Figure 25. Breakdown of Europe Electric Vehicle Battery Management System Market by Product Type, 2021-2031, % of Sales Revenue 57
Figure 26. Europe Addressable Market Cap in 2022-2031 by Product Type, Value ($ mn) and Share (%) 57
Figure 27. Europe Electric Vehicle Battery Management System Market by Product Type: Distributed BMS, 2021-2031, $ mn 58
Figure 28. Europe Electric Vehicle Battery Management System Market by Product Type: Centralized BMS, 2021-2031, $ mn 59
Figure 29. Europe Electric Vehicle Battery Management System Market by Product Type: Modular BMS, 2021-2031, $ mn 60
Figure 30. Breakdown of Europe Electric Vehicle Battery Management System Market by Application, 2021-2031, % of Sales Revenue 62
Figure 31. Europe Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 62
Figure 32. Europe Electric Vehicle Battery Management System Market by Application: Voltage Monitoring, 2021-2031, $ mn 63
Figure 33. Europe Electric Vehicle Battery Management System Market by Application: Thermal Management, 2021-2031, $ mn 64
Figure 34. Europe Electric Vehicle Battery Management System Market by Application: Current Management, 2021-2031, $ mn 65
Figure 35. Europe Electric Vehicle Battery Management System Market by Application: Charging and Discharging Control, 2021-2031, $ mn 66
Figure 36. Europe Electric Vehicle Battery Management System Market by Application: Other Applications, 2021-2031, $ mn 67
Figure 37. Breakdown of Europe Electric Vehicle Battery Management System Market by Battery Type, 2021-2031, % of Revenue 69
Figure 38. Europe Addressable Market Cap in 2022-2031 by Battery Type, Value ($ mn) and Share (%) 69
Figure 39. Europe Electric Vehicle Battery Management System Market by Battery Type: Lithium Ion, 2021-2031, $ mn 70
Figure 40. Europe Electric Vehicle Battery Management System Market by Battery Type: Redox Flow, 2021-2031, $ mn 71
Figure 41. Europe Electric Vehicle Battery Management System Market by Battery Type: Lead Acid, 2021-2031, $ mn 72
Figure 42. Europe Electric Vehicle Battery Management System Market by Battery Type: Other Battery Types, 2021-2031, $ mn 73
Figure 43. Breakdown of Europe Electric Vehicle Battery Management System Market by Propulsion Type, 2021-2031, % of Revenue 75
Figure 44. Europe Addressable Market Cap in 2022-2031 by Propulsion Type, Value ($ mn) and Share (%) 75
Figure 45. Europe Electric Vehicle Battery Management System Market by Propulsion Type: Battery Electric Vehicles (BEVs), 2021-2031, $ mn 76
Figure 46. Europe Electric Vehicle Battery Management System Market by Propulsion Type: Hybrid Electric Vehicles (HEVs), 2021-2031, $ mn 77
Figure 47. Europe Electric Vehicle Battery Management System Market by Propulsion Type: Plug-in Hybrid Electric Vehicle (PHEVs), 2021-2031, $ mn 78
Figure 48. Europe Electric Vehicle Battery Management System Market by Propulsion Type: Fuel Cell Electric Vehicle (FCEVs), 2021-2031, $ mn 79
Figure 49. Breakdown of Europe Electric Vehicle Battery Management System Market by Vehicle Type, 2021-2031, % of Revenue 80
Figure 50. Europe Addressable Market Cap in 2022-2031 by Vehicle Type, Value ($ mn) and Share (%) 81
Figure 51. Europe Electric Vehicle Battery Management System Market by Vehicle Type: Passenger Cars, 2021-2031, $ mn 82
Figure 52. Europe Electric Vehicle Battery Management System Market by Vehicle Type: Commercial Vehicles, 2021-2031, $ mn 83
Figure 53. Europe Electric Vehicle Battery Management System Market by Vehicle Type: Other Vehicles, 2021-2031, $ mn 84
Figure 54. Breakdown of European Electric Vehicle Battery Management System Market by Country, 2021 and 2031, % of Revenue 86
Figure 55. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 87
Figure 56. Electric Vehicle Battery Management System Market in Germany, 2021-2031, $ mn 88
Figure 57. Electric Vehicle Battery Management System Market in U.K., 2021-2031, $ mn 90
Figure 58. Electric Vehicle Battery Management System Market in France, 2021-2031, $ mn 92
Figure 59. Electric Vehicle Battery Management System Market in Spain, 2021-2031, $ mn 94
Figure 60. Electric Vehicle Battery Management System Market in Italy, 2021-2031, $ mn 96
Figure 61. Electric Vehicle Battery Management System Market in Netherlands, 2021-2031, $ mn 98
Figure 62. Electric Vehicle Battery Management System Market in Rest of Europe, 2021-2031, $ mn 100
Figure 63. Growth Stage of Europe Electric Vehicle Battery Management System Industry over the Forecast Period 102
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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