By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
2024 Update Coming Soon Published - Sep 2023 Number Of Pages - 173
Lithium-ion [Li-ion] Batteries find their major application in Electric Vehicles due to their high energy density and low weight. These batteries are highly unstable and have to be made sure that the batteries are not overcharged or undercharged.
The Voltage and the Current of the battery have to be monitored closely since in an EV a no of cells are stacked together to form a battery pack, it involves the dedicated and efficient operation of monitoring every cell. This is called a Battery Management System.
Primarily Battery Management System deals with,
Various Battery and Grid Controllers and Switch Gears are built by the BMS service companies. These devices have in-built voltage, current, and temperature sensors capable of performing primary functions installed along with the batteries.
To learn more about the Global Electric Vehicle Battery Market, read our report
Elysia makes use of WAE’s unmatched expertise in high-performance batteries, gained via the company’s exclusive supply of batteries to ground-breaking electric motorsport series as well as from the design and development of batteries for mining trucks and electric hyperarcs.
Modern embedded and cloud-based products from Elysia give customers, like global automotive OEMs, fleet operators, and financiers of battery assets, access to never-before-seen battery insights as well as the ability to manage, optimize, and improve performance throughout the battery’s entire lifecycle, both in the vehicle and in “second life” applications like stationary grid storage.
Elysia’s enhanced understanding and control decrease an OEM’s need to overengineer or oversize battery systems, making them lighter, less expensive, and more environmentally friendly. The two main products that make up the core offering are Elysia Embedded and Elysia Cloud Platform. Modern battery management algorithms called Elysia Embedded run locally on the Battery Management System (BMS), such as on the battery of an EV or a stationary energy storage system.
Its BMS algorithms assist OEMs in extending the driving range of their vehicles, enabling quicker charging, and maximizing battery power, allowing them to stay ahead of the competition and provide customers with the greatest possible performance without sacrificing battery life or safety.
A cloud-based solution called Elysia Cloud Platform makes use of exclusive digital twin technology. It enables these customers to forecast and prolong battery life, improve safety, and safeguard warranty and residual values by assisting OEMs, fleet owners, and financiers of battery assets in transforming data into actionable insights. It delivers much-needed transparency by giving a complete picture of the battery’s condition, while also enabling precise verification of degradation and in-life fault-finding, and it has the potential to completely transform the market for used batteries.
The ISL78714 IC and the RH850/P1M MCU are among the Renesas components that the CDD software is made to function with. The essential Renesas Microcontroller Abstraction Layer (MCAL) modules for the RH850 MCU are configured and integrated as part of the CDD. It offers a comprehensive low-level software solution for measuring the voltage and temperature of battery cells and for managing the ISL78714’s cell balancing operations.
The number of cells in the BMS system and the required rate of battery cell data collection are both determined by programmable parameters. Electric vehicle battery management system producer Panasonic is well-known. The battery management system (BMS) of an electric vehicle is intended to watch and control the battery’s charge, health, and power levels. The intelligent BMS from Panasonic is essential for maximizing the vehicle’s range, efficiency, and safety because it gives real-time statistics on the battery’s health. The BMS from Panasonic distinguishes itself from its rivals thanks to several features.
First off, it is very accurate when calculating the battery’s level of charge, which is essential for determining the range of the vehicle. Second, it has sophisticated safety features that guarantee the battery cell works securely, including overcharging and overheating protection. Thirdly, it has a user-friendly UI that makes it simple for drivers to watch their vehicle’s battery performance by displaying charge condition information on the dashboard. A versatile option for electric vehicle makers, Panasonic’s BMS is also made to work with a variety of electric car batteries.
The battery cell will function effectively and maximize the vehicle’s range thanks to its advanced energy control capabilities. Overall, electric vehicle makers around the world favor Panasonic’s BMS because it is a dependable, precise, and secure option for electric vehicle battery management. The Chinese business CATL is focused on creating and producing lithium-ion batteries for electric vehicles. A crucial element that guarantees the security and dependability of their batteries is their battery management system (BMS).
A highly precise status of charge (SOC) and state of health (SOH), which are essential for maximizing the battery’s performance and forecasting its lifespan, are two advanced characteristics of CATL’s BMS. A highly effective energy management system is also incorporated into their BMS, which maximizes the battery’s energy production while guaranteeing its security. The BMS from CATL controls the battery’s temperature precisely, preventing burning and extending the battery’s life. It does this by utilizing a highly sophisticated system.
Additionally, the battery is safeguarded by its advanced BMS against short circuits, overcharging, and over-discharging. The user-friendly BMS from CATL shows crucial battery condition data like SOC, SOH, and temperature on an easy-to-read interface. The BMS interacts with the car’s internal computer, enabling the driver to keep track of the battery’s health and make wise choices regarding how to use the car. A vital part of ensuring the secure and effective functioning of CATL’s lithium-ion batteries for electric vehicles is the company’s highly developed and dependable Battery Management System.
The automobile Sector is expected to boost the Battery Management System market heavily, solely because of the rapid rise in the sales of BEVs and PHEVs.
To learn more about the Global Electric Aircraft Battery Market, read our report
The evolution of electric vehicles is a priority for LHP Engineering Solutions, who also provide equipment and now upskill training. The latest step in ensuring that the industry has the knowledge and expertise required to market the next generation of electric vehicles and energy storage systems is the new course on battery management systems. The 5-day, 40-hour Battery Management System (BMS) course from LHP teaches technical EV battery management abilities. Graduates of this course will be capable of running performance tests to characterize a lithium-ion battery system and finding employment in the field of electric or hybrid vehicles.
Along with becoming familiar with system engineering responsibilities for BESS applications, they will be qualified to describe the essential parts and features of an automotive BESS. The U.S. Senate approved the Strategic EV Management Act, which intends to maximize the reuse and recycling of electric vehicle batteries in federal fleet cars. The legislation mandates that the U.S. EPA, manufacturers, and recyclers work together with federal organizations including the General Services Administration and the Office of Management and Budget to develop a strategic plan for reusing and recycling EV batteries. Additionally, cooperation with researchers, labs, and startups engaged in similar projects is required.
Texas Instruments debuted its latest battery cell and battery pack management tools at CES 2023. According to the business, its new battery management system products might enhance an electric vehicle’s range by up to 20%. The BQ79718-Q1 battery cell monitor and the BQ79731-Q1 battery pack monitor are the most recent battery controls from TI. These devices give an unprecedented level of accuracy and precision in measuring battery voltage, current, and temperature to estimate a vehicle’s true range and increase the overall life and safety of the battery pack.
To learn more about the Global Electric Bus Battery Market, read our report
BMSTAR combines highly accurate models (<1% accuracy for the whole cell lifetime) of the battery with AI and advanced estimation methods, to ensure accurate and reliable data on the battery state for optimized battery life
Bosch is developing a new cloud service for the batteries used in Electric Vehicles that helps users to get the real time status of the battery and optimize it accordingly. Didi Leading Mobility Service Provider in China is the first customer of this cloud service.
Indio Engineering Services Company based in Spain, has developed a new BMS for electric motorcycles with nominal power up to 11kw and Light Electric Vehicles. It can monitor battery packs of up to 60V and different substances Nickel Cobalt Aluminum (NCA), Nickel Cobalt Manganese (NCM), Lithium Ferro Phosphate (LFP), and Lithium Titanate (LTO). American auto component and parts supplier BorgWarner is expected to launch a new high-voltage coolant heater for electric and plug-in hybrid cars globally.
Tesla Inc American electric mobility giant depends entirely on battery technology for its strong position in the automotive market. The company recently introduced its patented ‘Multi-Channel and Bi-Directional Battery Management System which features dynamic redundancy across its BMS. Dynamic redundancy is a feature when there is a primary and secondary circuit failure in the system, the multi-channel and bi-directional architecture commands to activate different and fully operational channels of BMS.
Visteon has announced a first production-intent, completely wireless battery management system (BMS) to monitor battery packs continuously for state of health and charge.GM will be the first OEM to equip its electric vehicles with the systems solution from Visteon. TLE9012AQU is a new battery management system from Infineon Technologies that controls and balances an electric vehicle’s battery charge. It was created by a German chip firm specifically for hybrid and electric car batteries, but it can also be used in energy storage systems and e-bike battery management systems.
Over the whole temperature and operational voltage range, the TLE9012AQU provides voltage measurement in up to twelve battery cells with an accuracy of 5.8 mV. A battery electric vehicle’s key powertrain components are the Battery Management System (BMS), onboard charger (OBC), and main inverter, which operate the electric motor and return energy to the battery during regenerative braking.
Ewert Energy Systems, Inc., a research and development business focused on providing solutions for plug-in hybrid and electric vehicles, invented and manufactured the Orion BMS. The Orion BMS is a full-featured lithium-ion battery management system that is specifically developed to protect and manage battery packs for electric vehicles (EV), plug-in hybrids (PHEV), and hybrid vehicles (HEV) with automotive-grade quality.
The Orion lithium-ion BMS is resistant to the strong EMI (electrical noise) and voltage transients that affect other BMS systems in automotive applications. The Orion BMS can be utilized in stationary installations such as solar or wind storage batteries and UPS systems, in addition to automotive applications in electric and hybrid automobiles. Marelli, a prominent worldwide automotive supplier, has added a new state-of-the-art Wireless Distributed Battery Management System to its portfolio of battery management technologies for electric vehicles (webOS).
This technique eliminates the requirement for wired physical connections in existing Battery Management System (BMS) systems, allowing for better flexibility, enhanced efficiency, improved reliability, and lower costs, all of which are important in electric vehicles. By leveraging wireless technology to facilitate communication between the batteries and the control unit, the approach eliminates the requirement for daisy-chain connection and wiring.
The new webOS created by the firm minimizes the wiring harness by 90% and simplifies the battery cell manufacturing and installation as compared to previous wired distributed systems. The webOS, in particular, decreases assembly complexity and gives battery modules more flexibility.
Because of the reduced weight due to the removal of connectors, the vehicle’s energy efficiency improves, allowing it to travel further on a single charge. The method also takes a place in the battery pack for larger batteries, ensuring versatility, scalability, and optimization; eventually, larger batteries translate to improved power output and, again, increased vehicle range under the correct circumstances.
The scalable battery management system (BMS) from NXP can be used in both commercial and transportation-related settings. The BMS provides high measurement accuracy after soldering and aging and supports functional safety up to ASIL D according to ISO 26262. A BOM-optimized option, the solution combines BMS, junction box monitoring solutions, high-performance processors, and integrated analog front-end solutions. It is reliable and secure.
At the Battery Show Europe in Stuttgart, Taiwanese supplier of electric vehicle technologies Xing Mobility unveiled a new battery system with immersion cooling. For heavy electrified vehicles used in logistics, construction, agriculture, and mining, the Immersion XM25 is especially well suited. According to the manufacturer, the Immersion XM25 combines a battery pack with a battery management system and an active safety module.
The battery cells in the immersion cooling technology are completely encircled by coolant. It is also common to use cooling plates or channels that only come into contact with one or two sides of a battery cell; in these cases, the heat transfer occurs over a much smaller surface than it would with immersion cooling.
LG Chem has introduced a new battery management system that optimizes battery performance and extends battery life in electric vehicles by utilizing AI and machine learning techniques. WAE Technologies, formerly known as Williams Advanced Engineering, has introduced a new battery management system. Williams Advanced Engineering was rebranded as WAE Technologies after Fortescue acquired the engineering company.
According to WAE, the new package of BMS services would “unlock significant improvements in any electric vehicle battery’s range, life, safety, power, and rapid charging times.” Elysia is also the company’s first product suite aimed at the mass market.
Battery Management Systems (BMS) have a bright future as the demand for more efficient and sustainable energy storage systems grows. Here are some potential trends that could shape BMS’s future:
Li-ion Batteries have an average service life of 8-10 i.e., approximately 500 to 1000 charge cycles. Auto manufacturers promise mileage of around 100000 and 160000 km. But the rapid battery charging and sporty driving style make the battery age faster.
Features such as Electric Power Steering and automatic Start/Stop have increased the load on the batteries. Thus, there is a major issue regarding safety therefore, the need for the Intelligent Battery Management System (IBMS) is increasing among automakers across the globe.
New safety and emission norms are the major influence for this rise in sales. In Europe, there was a 132% increase in EV sales YOY in 2030 and it was the biggest plug-in in the EV market in 2030 and will continue to provide tight competition to China for further growth.
The global EV battery management system market is estimated at $XX Billion in 2024 growing at –% CAGR till 2030
Dumosa’s partnership with GlobalFoundries will support the manufacturing of production-grade silicon, designed to meet the safety and reliability standards of its end markets, including AECQ100 automotive grade. It will use GF’s Auto Pro Solution. In November 2021, Sensate Technologies completed the acquisition of Spear Power Systems to enable them to deliver more comprehensive energy storage solutions to their OEM customers in the specialty transportation market.
Beatrix, a maker of lithium-ion battery packs for electric vehicles, has purchased a 100 percent ownership in Varo’s Technology Pvt. Ltd., a company that specializes in building IoT tools for EV infrastructure and battery management systems. Beatrix, a battery business of the Kelsie Group’s Kubra Extrusion Technik, has been making advances into the two- and three-wheeler EV industry. Kubra Extrusion Technik Ltd. (KET), a wholly-owned subsidiary of the INR 1,000-crore Kelsie Group, owns Beatrix.
Varo’s Technology will anchor its capabilities to develop end-to-end Battery Management Systems by leveraging cloud-based Artificial Intelligence-driven analytic tools to help predict battery life and monitor battery performance to facilitate its continued growth in the overall segment and create synergy between Beatrix products and services.
Machine Learning (ML) algorithms will continuously provide inputs for modifying and enhancing battery performance. Varo’s Group’s strong IOT capabilities and technologies would support Beatrix’s aim of creating and producing green energy systems and solutions for OEMs and switching station operators. To expand its product offerings for electric vehicles (EVs), the auto-component manufacturer Endurance Technologies has agreed to buy the battery management system (BMS) division of Mumbai-based ION Energy.
Maxwell Energy Systems will be purchased by Aurangabad-based Endurance in an all-cash deal. Customers in India and Europe are Maxwell’s active order sources. The agreement expands Endurance’s product line by including BMS, which is crucial for keeping track of the temperature, condition, and security of lithium-ion batteries used in EVs. With Maxwell’s BMS, the first item in its EV-specific line, the auto component manufacturer has the chance to expand its clientele to Indian automakers who are thinking about starting an EV manufacturing facility.
As background, BMS is used by OEMs and Battery Makers to deliver safe, dependable, and intelligent battery systems for Stationary Energy Storage Systems and Electric Vehicles. In addition to the US, India, France, Spain, and over 70 car OEMs and battery pack manufacturers are already served by Maxwell. It claims to have installed smart BMS in stationary storage systems and electric automobiles. Alter go, a platform for predictive analytics for new energy assets is a software-as-a-service (SaaS) firm that ON Energy will continue to own and run.
Cell Balancing in Electric Vehicle Battery Pack Passive and Active cell balancing techniques. Electric vehicles, as well as associated technologies, will be extremely important. One such example is battery technology. Maintaining a battery pack’s full capacity is an important component of running an EV properly because failure to do so can lead to serious safety and logistics issues. Many li-ion cells are connected in series and parallel to form battery packs, which have a total battery voltage and output power.
Voltage imbalances in these cells can result in overcharging or undercharging. Temperature variations can lead to variations in the initial charge capacities and cell voltages. This prevents the cell’s capacity from being used to its full potential, which leads to poor battery performance, shortened battery life, and a possible fire risk. Cell voltage balancing, which ensures that all of the cells are uniformly charged and discharged by employing one of the aforementioned methods of cell balancing, is one such technique that can be utilized to eliminate these imbalances. Initial passive balancing Balancing that is active.
They simulate both approaches and perform a detailed analysis. Cell Model Battery Model: To form a complete battery pack with a certain rating of power, voltage, and current, several cells with different nominal voltages and capacities are arranged in series and parallel. Depicts one such cell model with a 7.2V cell voltage and 0.00475Ah capacity. This cell discharges from 100% to 0% without the aid of any balancing circuits in about 2500 seconds.
Grid to vehicle and vehicle to grid This system is bidirectional, allowing power to flow in both directions. Through an inverter, the battery can send electricity back to the grid, and a rectifier, the grid can send energy to the battery. The operation of the supply grid can be enhanced by using V2G technology, and there won’t be a large demand for EV loads from the supply and distribution grids, avoiding the cost of replacing the current grid infrastructure.
The inverter circuit can convert DC to AC power and the output. The rectifier circuit can convert AC to DC power and the output. The SPWM control that was used to generate gate pulses for the switches and the output. Balance of active cells The idea of a strong and weak cell is the same in this way as it was in the passive cell balancing method, but the technique is improved. Here, the circuit makes an effort to exert better control over the cell voltages and extracts all of the cells’ available capacity for utilization.
Various components, such as inductors or capacitors, can be used to transfer the extra energy from a stronger cell into a weaker cell with less energy. The pack will contain both strong and weak cells, and there is a good probability that the stronger cells will be overcharged and the weaker cells will be over-discharged. In this method, a resistor with a switch is connected across the cells, where the extra energy from the stronger cells is squandered in the resistor if the stronger cells generate greater potential than the weaker cells. The transistor switch allows for fast control over the resistor’s operation at the appropriate time.
The electric vehicle It was thought that voltage and energy imbalances in battery packs were degrading the pack’s overall performance. Using the passive balancing and active balancing cell balancing strategies, this problem was resolved. This increased the battery’s total capacity by ensuring that the cells in the battery pack did not overcharge and by maintaining an even voltage across all of them. The results were acquired in a graphical format after the balancing circuits were developed and simulated in MATLAB.
A comparison was made, and it was discovered that the active balancing strategy, which is more effective at managing energy between the cells, was a superior method of accounting for the imbalances in the cells than the passive balancing methodology.
Motor
Some of the leading BMS companies from China are BYD, CATL, and G-Pulse. The Chinese BMS companies account for a 40% share of the global market.
Europe has dominated the BMS market and it is home to various major BMS Manufacturers. The leading players in the Global Market are LaChance (Switzerland), Eberspaecher (Germany), Lithium Balance (Denmark), Novation Energy, and Robotic from the USA.
It will be easier for start-ups to develop BMS than to compete with larger suppliers in other power electronic components as R&D is mainly software-based. The software will be on constant updates to increase battery efficiency.
North America
The North American market, particularly the USA, will be one of the prime markets for (Material Handling Equipment) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive.
Europe
The European market, particularly Western Europe, is another prime market for (Material Handling Equipment) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for (Material Handling Equipment) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period.
Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe.
There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of (Material Handling Equipment) in the region.
Asia
Asia will continue to be the global manufacturing hub for (the Material Handling Equipment Market) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries.
There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon.
Africa
Africa is expected to see the largest growth in (Material Handling Equipment Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape.
RoW
Latin America and the Oceania region will showcase growth over the forecast period in the material Handling Equipment Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to the growth of other industries in the region.
USA – $210 billion is allocated to federal R&D with a main focus on health research, clean energy, semiconductor manufacturing, sustainable textiles, clean energy, and advanced manufacturing. Investments by private players are mainly focused on technological development including 5G infrastructure and AI in the region.
Europe – EIC is investing €1 billion in innovative companies in sectors like AI, biotechnology, and semiconductors. There is also a focus on developing the ecosystem in the continent as well as improving the infrastructure for developing industries such as electric vehicles and sustainable materials. Private players are targeting data centers, AI, battery plants, and high-end technological R&D investments.
Asia – There are investments to tackle a range of scientific and technological advancements in this region mainly coming in from China, India, South Korea, and Japan. This will include artificial intelligence, 5G, cloud computing, pharmaceutical, local manufacturing, and financial technologies. Many countries are aiming to be digital hubs including Saudi Arabia.
Africa – Investments in the region are focused on improving the technological capabilities in the region along with socio-economic development and growth. Private participants of investments in this region are venture capital dominated and are targeting the various growth elements of the region as social stability improves. The major industries are fintech, easier lending, and manufacturing.
Latin America – The focus in the region is on fintech, e-commerce, and mobility sectors. There are also investments in improving manufacturing in the region. Local investments are focused on improving the healthcare, and transportation infrastructure in the region. The region is attracting foreign investments to improve their ability to utilize the natural resources present in the region.
Rest of the World – The investments in this region are focused on clean energy, green metals, and sustainable materials. Funds in Australia are focused on solar energy and battery technologies, along with high-end futuristic areas such as quantum computing. The main countries of private investment in ROW will be Australia, Canada, and New Zealand.
