Battery management unit (bmu) market insights 2025, analysis and forecast to 2030 - featuring bosch, denso, calsonic kansei, hitachi automotive systems, honda & more

Dublin, jan. 29, 2025 (globe newswire) -- the "battery management unit (bmu) global market insights 2025, analysis and forecast to 2030, by manufacturers, regions, technology, application" report has been added to researchandmarkets.com's offering. the battery management unit (bmu) market is experiencing significant growth, driven by the increasing adoption of electric vehicles (evs) and the growing trend towards renewable energy storage solutions. a battery management unit is essential for monitoring and managing battery packs to ensure optimal performance, safety, and longevity. with the rising demand for electric vehicles and renewable energy systems, the global bmu market is projected to grow at a compound annual growth rate (cagr) of roughly 8%-12% between 2024 and 2029. market size the global battery management unit market was valued at approximately usd 9.5 billion in 2023 and is expected to reach usd 18.6 billion by 2029. this robust growth is fueled by the increased production of electric vehicles and significant investments in battery technology innovations. the bmu is crucial for managing the influx of power, enhancing the lifespan of battery packs, and ensuring safety standards in operations. market share & trends analysis
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