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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
In order to ensure the safety of electric vehicles, a Battery Management System (BMS), which controls the electronics of a rechargeable battery, whether a cell or a battery pack, becomes essential. By ensuring that the cell runs within its safe operating limitations, it protects both the user and the battery.
In order to keep the temperature of the entire battery within a specific temperature range and maintain optimum battery performance, a BMS continuously monitors the temperatures throughout the pack and opens and closes various valves.
In order to keep the temperature of the entire battery within a specific temperature range and maintain optimum battery performance, a BMS continuously monitors the temperatures throughout the pack and opens and closes various valves.
The Global EV Battery management connectors market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Sensata introduces new battery management technology for electric vehicles and buses. The Lithium Balance n3-BMS, a new battery management system (BMS) from Sensata Technologies, is designed for high-voltage applications.
The Lithium Balance n3-BMS, according to the manufacturer, is perfect for power applications up to 1000 volts/2000 amps, particularly for battery manufacturers and producers of electric trucks, buses, and other heavy commercial vehicles.
Sensata claims that as battery packers and electric commercial vehicle OEMs stress functional safety in their platforms while aiming for a quicker time-to-market, there is an increase in demand for ISO 26262-certified components. The ISO 26262 certification procedure, however, is difficult, expensive, and may take years to complete.
A pre-made, Automotive Safety Integrity Level (ASIL) C-certified system like the Lithium Balance n3-BMS can cut down on the amount of time and money needed for development.
Customers have the opportunity to modify the battery management system with their own code and algorithms without affecting the ASIL C certification thanks to the n3-BMS's layered software architecture, according to Sensata.
The "Base Software Layer" (BSW) and the "External Software Layer" (ESW), which are coupled via an open API link layer, make up the BMS software architecture.
Since the BSW layer of the software contains all the safety-critical BMS operations, developers are free to use their own software code and algorithms in the ESW without jeopardising the system's ISO 26262 certification.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |