Rising demand for Lithium-ion (Li-ion) batteries in automotive and telecommunication sectors and increased demand for BMS in Electric Vehicles (EVs) are key factors driving revenue growth of the market.

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Rising demand for Lithium-ion (Li-ion) batteries in automotive and telecommunication sectors and increased demand for BMS in Electric Vehicles (EVs) are key factors driving revenue growth of the market. Get a sample of the report @ https://www.emergenresearch.com/request-sample/1309
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Battery Management System Market Size, Share, Industry Forecast by 2030
The global Battery Management System (BMS) market size reached USD 7.43 Billion in 2021 and is expected to reach USD 38.97 Billion in 2030 registering a CAGR of 20.4%. Battery Management System market growth is primarily driven owing to increasing demand for wireless battery management systems from Europe and increasing need for battery monitoring in modern renewable energy systems
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