Battery Management Systems Market: Increasing Demand for Energy...

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2024-07-01 06:25:29 -

Battery Management Systems Market: Increasing Demand for Energy Storage System

According to the latest report from Meticulous Research®, the battery management systems (BMS) market is poised to reach $34.8 billion by 2030, growing at a CAGR of 20.5% during the forecast period. The market's growth is primarily driven by increasing government initiatives promoting electric mobility, rising consumption of rechargeable batteries in consumer electronics, and growing demand...

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