Market and Technology Trends

Battery Management System (BMS) for Electric Vehicles 2023

By Yole Intelligence

Driven by fast EV adoption, the BMS market will reach $11.9B by 2028, with new technologies on the horizon: integrated BMS, wireless BMS, AI-based SoX estimation on cloud, etc.


Key Features

  • 2023-2028 forecast for EV BMS, with split into topology, integration level, and key components
  • Detailed look into key component supply chain for BMS
  • Review of SoC/SOH/SoP/SoE/SoS algorithm
  • Basic and advanced balancing
  • Progresses in various sensor technologies (current, temperature, pressure, gaseous)
  • Integration of BMS with other systems / powertrain domain controllers
  • Wireless BMS overview
  • New BMS features

What's new?

  • First coverage of automotive BMS, making a complete knowledge coverage on electrification value chain.

Product Objectives

Yole Intelligence has released this report, Battery management system (BMS) for electric vehicles, to provide an overview on the market, supply chain and technological trends of automotive battery management system for battery electric vehicles (BEV) and plug-in electric vehicles (PHEV).This is the first release of a report on this topic, reflecting the quick growing vehicle electrification market.The 2023 report’s main objectives are as follows:

  • Closely examine the market trends in a global context
  • Market forecasts of BMS and its key component till 2028
  • A complete picture of the BMS supply chain, including OEMs, BMS suppliers, key component suppliers
  • Detailed analysis of the state-of-the-art BMS technologies, and investigation of multiple emerging technologies, such as active balancing, wireless BMS, cloud BMS, BMS for hybrid battery pack, and integrated EIS (electrochemical impedance spectroscopy)

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