In a rapidly changing energy landscape, the Battery Management System (BMS) is evolving as a pivotal component across industries. The rising demand for high-voltage batteries in e-mobility and energy storage has made the role of BMS increasingly critical. According to the Grand View Research report, the global battery management system market-size was valued at USD 6.19 billion in 2022 and is expected to grow at a CAGR of 23.4% from 2023 to 2030.
Earlier the BMS was quite simple; basic circuits protecting batteries from overcharging. But with the advancement of battery technology and an increasing demand for safer batteries, there is now a pressing need for sophisticated and advanced systems to monitor these batteries. The BMS is the brain of the battery – managing the charge, discharge, and temperature of the batteries – within battery characteristics limits and, in all formations – series and parallel. It ensures optimal performance, safety, and longevity of all the battery-powered applications.
Designing a BMS correctly is particularly important as it is a safety-critical device. Battery lifetime reduction is just one fallout of an improper BMS design. If not designed correctly, it can lead to dangerous consequences such as fires and blasts, thereby damaging the environment and injuring anyone around the storage capacity.
This eBook delves into the growing demand for high-voltage batteries, the intricacies of BMS technology, safety, and cybersecurity considerations, design challenges, and emerging innovations. It also outlines how eInfochips can support clients in a BMS implementation and provide a strategic roadmap for CXOs to navigate the future of battery technology.
eInfochips, an Arrow Electronics company, is a leading provider of digital transformation and product engineering services. eInfochips accelerates time to market for its customers with its expertise in IoT, AI/ML, security, sensors, silicon, wireless, cloud, and power. eInfochips has been recognized as a leader in Engineering R&D services by many top analysts and industry bodies, including Gartner, Zinnov, ISG, IDC, NASSCOM and others.
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