Battery Management System Market: Scaling Up for the Electric...

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2025-01-06 14:01:17 -

Battery Management System Market: Scaling Up for the Electric Vehicle Boom

The global Battery Management System (BMS) Market is set to experience exponential growth over the next decade. Valued at US$ 8.4 billion in 2024, the market is projected to surge at a remarkable CAGR of 18.5%, reaching US$ 46 billion by 2034. This substantial growth is primarily driven by the increasing demand for batteries used in uninterruptible power supplies (UPS)...

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