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Global Battery Energy Management System Market Research Report 2024

Published Date: January 2024

Report Code: QYRE-Auto-9F9296

Global Battery Energy Management System Market Size Status and Forecast 2022

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Global Battery Energy Management System Market Research Report 2024

Code: QYRE-Auto-9F9296

Report

January 2024

Pages:71

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

Battery Energy Management System Market Size

The global Battery Energy Management System market was valued at US$ 286.3 million in 2023 and is anticipated to reach US$ 1669.1 million by 2030, witnessing a CAGR of 28.3% during the forecast period 2024-2030.

Battery Energy Management System Market

Energy storage is the capture of energy produced at one time for use at a later time. Energy storage system is consists of Battery, PCS, BMS, and EMS. EMS is electronic system of computer-aided tools that manages a rechargeable battery.

The consumption regions of battery energy management system are mainly concentrated in Asia-Pacific and Europe, accounting for more than 80% of the total global market size. The top five manufacturers are GE, Honeywell, Schneider Electric, Johnson Controls and Hitachi ABB, occupying over 60% of the market. Battery energy management systems include lithium battery system, lead acid battery systems, etc. The power station is its most important application.

This report aims to provide a comprehensive presentation of the global market for Battery Energy Management System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Battery Energy Management System.

Report Scope

The Battery Energy Management System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Battery Energy Management System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Battery Energy Management System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Battery Energy Management System Market Report

Report Metric	Details
Report Name	Battery Energy Management System Market
Accounted market size in 2023	US$ 286.3 million
Forecasted market size in 2030	US$ 1669.1 million
CAGR	28.3%
Base Year	2023
Forecasted years	2024 - 2030
Segment by Type	Lithium Battery System Lead Acid Battery System Others Battery System
Segment by Application	Power Station Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	GE, Honeywell, Schneider Electric, Johnson Controls, Hitachi ABB, Siemens, Emerson Electric
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Battery Energy Management System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Battery Energy Management System Market growing?

Ans: The Battery Energy Management System Market witnessing a CAGR of 28.3% during the forecast period 2024-2030.

What is the Battery Energy Management System Market size in 2030?

Ans: The Battery Energy Management System Market size in 2030 will be US$ 1669.1 million.

What is the GE, Honeywell, Schneider Electric, Johnson Controls, Hitachi ABB share in Battery Energy Management System Market?

Ans: The top five manufacturers are GE, Honeywell, Schneider Electric, Johnson Controls and Hitachi ABB, occupying over 60% of the market.

Who are the main players in the Battery Energy Management System Market report?

Ans: The main players in the Battery Energy Management System Market are GE, Honeywell, Schneider Electric, Johnson Controls, Hitachi ABB, Siemens, Emerson Electric

What are the Application segmentation covered in the Battery Energy Management System Market report?

Ans: The Applications covered in the Battery Energy Management System Market report are Power Station, Others

What are the Type segmentation covered in the Battery Energy Management System Market report?

Ans: The Types covered in the Battery Energy Management System Market report are Lithium Battery System, Lead Acid Battery System, Others Battery System

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Battery Energy Management System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030

1.2.2 Lithium Battery System

1.2.3 Lead Acid Battery System

1.2.4 Others Battery System

1.3 Market by Application

1.3.1 Global Battery Energy Management System Market Growth by Application: 2019 VS 2023 VS 2030

1.3.2 Power Station

1.3.3 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2 Global Growth Trends

2.1 Global Battery Energy Management System Market Perspective (2019-2030)

2.2 Battery Energy Management System Growth Trends by Region

2.2.1 Global Battery Energy Management System Market Size by Region: 2019 VS 2023 VS 2030

2.2.2 Battery Energy Management System Historic Market Size by Region (2019-2024)

2.2.3 Battery Energy Management System Forecasted Market Size by Region (2025-2030)

2.3 Battery Energy Management System Market Dynamics

2.3.1 Battery Energy Management System Industry Trends

2.3.2 Battery Energy Management System Market Drivers

2.3.3 Battery Energy Management System Market Challenges

2.3.4 Battery Energy Management System Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Battery Energy Management System Players by Revenue

3.1.1 Global Top Battery Energy Management System Players by Revenue (2019-2024)

3.1.2 Global Battery Energy Management System Revenue Market Share by Players (2019-2024)

3.2 Global Battery Energy Management System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Battery Energy Management System Revenue

3.4 Global Battery Energy Management System Market Concentration Ratio

3.4.1 Global Battery Energy Management System Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Battery Energy Management System Revenue in 2023

3.5 Battery Energy Management System Key Players Head office and Area Served

3.6 Key Players Battery Energy Management System Product Solution and Service

3.7 Date of Enter into Battery Energy Management System Market

3.8 Mergers & Acquisitions, Expansion Plans

4 Battery Energy Management System Breakdown Data by Type

4.1 Global Battery Energy Management System Historic Market Size by Type (2019-2024)

4.2 Global Battery Energy Management System Forecasted Market Size by Type (2025-2030)

5 Battery Energy Management System Breakdown Data by Application

5.1 Global Battery Energy Management System Historic Market Size by Application (2019-2024)

5.2 Global Battery Energy Management System Forecasted Market Size by Application (2025-2030)

6 North America

6.1 North America Battery Energy Management System Market Size (2019-2030)

6.2 North America Battery Energy Management System Market Growth Rate by Country: 2019 VS 2023 VS 2030

6.3 North America Battery Energy Management System Market Size by Country (2019-2024)

6.4 North America Battery Energy Management System Market Size by Country (2025-2030)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Battery Energy Management System Market Size (2019-2030)

7.2 Europe Battery Energy Management System Market Growth Rate by Country: 2019 VS 2023 VS 2030

7.3 Europe Battery Energy Management System Market Size by Country (2019-2024)

7.4 Europe Battery Energy Management System Market Size by Country (2025-2030)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Battery Energy Management System Market Size (2019-2030)

8.2 Asia-Pacific Battery Energy Management System Market Growth Rate by Region: 2019 VS 2023 VS 2030

8.3 Asia-Pacific Battery Energy Management System Market Size by Region (2019-2024)

8.4 Asia-Pacific Battery Energy Management System Market Size by Region (2025-2030)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Battery Energy Management System Market Size (2019-2030)

9.2 Latin America Battery Energy Management System Market Growth Rate by Country: 2019 VS 2023 VS 2030

9.3 Latin America Battery Energy Management System Market Size by Country (2019-2024)

9.4 Latin America Battery Energy Management System Market Size by Country (2025-2030)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Battery Energy Management System Market Size (2019-2030)

10.2 Middle East & Africa Battery Energy Management System Market Growth Rate by Country: 2019 VS 2023 VS 2030

10.3 Middle East & Africa Battery Energy Management System Market Size by Country (2019-2024)

10.4 Middle East & Africa Battery Energy Management System Market Size by Country (2025-2030)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 GE

11.1.1 GE Company Detail

11.1.2 GE Business Overview

11.1.3 GE Battery Energy Management System Introduction

11.1.4 GE Revenue in Battery Energy Management System Business (2019-2024)

11.1.5 GE Recent Development

11.2 Honeywell

11.2.1 Honeywell Company Detail

11.2.2 Honeywell Business Overview

11.2.3 Honeywell Battery Energy Management System Introduction

11.2.4 Honeywell Revenue in Battery Energy Management System Business (2019-2024)

11.2.5 Honeywell Recent Development

11.3 Schneider Electric

11.3.1 Schneider Electric Company Detail

11.3.2 Schneider Electric Business Overview

11.3.3 Schneider Electric Battery Energy Management System Introduction

11.3.4 Schneider Electric Revenue in Battery Energy Management System Business (2019-2024)

11.3.5 Schneider Electric Recent Development

11.4 Johnson Controls

11.4.1 Johnson Controls Company Detail

11.4.2 Johnson Controls Business Overview

11.4.3 Johnson Controls Battery Energy Management System Introduction

11.4.4 Johnson Controls Revenue in Battery Energy Management System Business (2019-2024)

11.4.5 Johnson Controls Recent Development

11.5 Hitachi ABB

11.5.1 Hitachi ABB Company Detail

11.5.2 Hitachi ABB Business Overview

11.5.3 Hitachi ABB Battery Energy Management System Introduction

11.5.4 Hitachi ABB Revenue in Battery Energy Management System Business (2019-2024)

11.5.5 Hitachi ABB Recent Development

11.6 Siemens

11.6.1 Siemens Company Detail

11.6.2 Siemens Business Overview

11.6.3 Siemens Battery Energy Management System Introduction

11.6.4 Siemens Revenue in Battery Energy Management System Business (2019-2024)

11.6.5 Siemens Recent Development

11.7 Emerson Electric

11.7.1 Emerson Electric Company Detail

11.7.2 Emerson Electric Business Overview

11.7.3 Emerson Electric Battery Energy Management System Introduction

11.7.4 Emerson Electric Revenue in Battery Energy Management System Business (2019-2024)

11.7.5 Emerson Electric Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

FEATURED COMPANIES

List of Tables

Table 1. Global Battery Energy Management System Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030

Table 2. Key Players of Lithium Battery System

Table 3. Key Players of Lead Acid Battery System

Table 4. Key Players of Others Battery System

Table 5. Global Battery Energy Management System Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030

Table 6. Global Battery Energy Management System Market Size by Region (US$ Million): 2019 VS 2023 VS 2030

Table 7. Global Battery Energy Management System Market Size by Region (2019-2024) & (US$ Million)

Table 8. Global Battery Energy Management System Market Share by Region (2019-2024)

Table 9. Global Battery Energy Management System Forecasted Market Size by Region (2025-2030) & (US$ Million)

Table 10. Global Battery Energy Management System Market Share by Region (2025-2030)

Table 11. Battery Energy Management System Market Trends

Table 12. Battery Energy Management System Market Drivers

Table 13. Battery Energy Management System Market Challenges

Table 14. Battery Energy Management System Market Restraints

Table 15. Global Battery Energy Management System Revenue by Players (2019-2024) & (US$ Million)

Table 16. Global Battery Energy Management System Market Share by Players (2019-2024)

Table 17. Global Top Battery Energy Management System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Battery Energy Management System as of 2023)

Table 18. Ranking of Global Top Battery Energy Management System Companies by Revenue (US$ Million) in 2023

Table 19. Global 5 Largest Players Market Share by Battery Energy Management System Revenue (CR5 and HHI) & (2019-2024)

Table 20. Key Players Headquarters and Area Served

Table 21. Key Players Battery Energy Management System Product Solution and Service

Table 22. Date of Enter into Battery Energy Management System Market

Table 23. Mergers & Acquisitions, Expansion Plans

Table 24. Global Battery Energy Management System Market Size by Type (2019-2024) & (US$ Million)

Table 25. Global Battery Energy Management System Revenue Market Share by Type (2019-2024)

Table 26. Global Battery Energy Management System Forecasted Market Size by Type (2025-2030) & (US$ Million)

Table 27. Global Battery Energy Management System Revenue Market Share by Type (2025-2030)

Table 28. Global Battery Energy Management System Market Size by Application (2019-2024) & (US$ Million)

Table 29. Global Battery Energy Management System Revenue Market Share by Application (2019-2024)

Table 30. Global Battery Energy Management System Forecasted Market Size by Application (2025-2030) & (US$ Million)

Table 31. Global Battery Energy Management System Revenue Market Share by Application (2025-2030)

Table 32. North America Battery Energy Management System Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 33. North America Battery Energy Management System Market Size by Country (2019-2024) & (US$ Million)

Table 34. North America Battery Energy Management System Market Size by Country (2025-2030) & (US$ Million)

Table 35. Europe Battery Energy Management System Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 36. Europe Battery Energy Management System Market Size by Country (2019-2024) & (US$ Million)

Table 37. Europe Battery Energy Management System Market Size by Country (2025-2030) & (US$ Million)

Table 38. Asia-Pacific Battery Energy Management System Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030

Table 39. Asia-Pacific Battery Energy Management System Market Size by Region (2019-2024) & (US$ Million)

Table 40. Asia-Pacific Battery Energy Management System Market Size by Region (2025-2030) & (US$ Million)

Table 41. Latin America Battery Energy Management System Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 42. Latin America Battery Energy Management System Market Size by Country (2019-2024) & (US$ Million)

Table 43. Latin America Battery Energy Management System Market Size by Country (2025-2030) & (US$ Million)

Table 44. Middle East & Africa Battery Energy Management System Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030

Table 45. Middle East & Africa Battery Energy Management System Market Size by Country (2019-2024) & (US$ Million)

Table 46. Middle East & Africa Battery Energy Management System Market Size by Country (2025-2030) & (US$ Million)

Table 47. GE Company Detail

Table 48. GE Business Overview

Table 49. GE Battery Energy Management System Product

Table 50. GE Revenue in Battery Energy Management System Business (2019-2024) & (US$ Million)

Table 51. GE Recent Development

Table 52. Honeywell Company Detail

Table 53. Honeywell Business Overview

Table 54. Honeywell Battery Energy Management System Product

Table 55. Honeywell Revenue in Battery Energy Management System Business (2019-2024) & (US$ Million)

Table 56. Honeywell Recent Development

Table 57. Schneider Electric Company Detail

Table 58. Schneider Electric Business Overview

Table 59. Schneider Electric Battery Energy Management System Product

Table 60. Schneider Electric Revenue in Battery Energy Management System Business (2019-2024) & (US$ Million)

Table 61. Schneider Electric Recent Development

Table 62. Johnson Controls Company Detail

Table 63. Johnson Controls Business Overview

Table 64. Johnson Controls Battery Energy Management System Product

Table 65. Johnson Controls Revenue in Battery Energy Management System Business (2019-2024) & (US$ Million)

Table 66. Johnson Controls Recent Development

Table 67. Hitachi ABB Company Detail

Table 68. Hitachi ABB Business Overview

Table 69. Hitachi ABB Battery Energy Management System Product

Table 70. Hitachi ABB Revenue in Battery Energy Management System Business (2019-2024) & (US$ Million)

Table 71. Hitachi ABB Recent Development

Table 72. Siemens Company Detail

Table 73. Siemens Business Overview

Table 74. Siemens Battery Energy Management System Product

Table 75. Siemens Revenue in Battery Energy Management System Business (2019-2024) & (US$ Million)

Table 76. Siemens Recent Development

Table 77. Emerson Electric Company Detail

Table 78. Emerson Electric Business Overview

Table 79. Emerson Electric Battery Energy Management System Product

Table 80. Emerson Electric Revenue in Battery Energy Management System Business (2019-2024) & (US$ Million)

Table 81. Emerson Electric Recent Development

Table 82. Research Programs/Design for This Report

Table 83. Key Data Information from Secondary Sources

Table 84. Key Data Information from Primary Sources

List of Figures

Figure 1. Global Battery Energy Management System Market Size Comparison by Type (2024-2030) & (US$ Million)

Figure 2. Global Battery Energy Management System Market Share by Type: 2023 VS 2030

Figure 3. Lithium Battery System Features

Figure 4. Lead Acid Battery System Features

Figure 5. Others Battery System Features

Figure 6. Global Battery Energy Management System Market Size Comparison by Application (2024-2030) & (US$ Million)

Figure 7. Global Battery Energy Management System Market Share by Application: 2023 VS 2030

Figure 8. Power Station Case Studies

Figure 9. Others Case Studies

Figure 10. Battery Energy Management System Report Years Considered

Figure 11. Global Battery Energy Management System Market Size (US$ Million), Year-over-Year: 2019-2030

Figure 12. Global Battery Energy Management System Market Size, (US$ Million), 2019 VS 2023 VS 2030

Figure 13. Global Battery Energy Management System Market Share by Region: 2023 VS 2030

Figure 14. Global Battery Energy Management System Market Share by Players in 2023

Figure 15. Global Top Battery Energy Management System Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Battery Energy Management System as of 2023)

Figure 16. The Top 10 and 5 Players Market Share by Battery Energy Management System Revenue in 2023

Figure 17. North America Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 18. North America Battery Energy Management System Market Share by Country (2019-2030)

Figure 19. United States Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 20. Canada Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 21. Europe Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 22. Europe Battery Energy Management System Market Share by Country (2019-2030)

Figure 23. Germany Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 24. France Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 25. U.K. Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 26. Italy Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 27. Russia Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 28. Nordic Countries Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 29. Asia-Pacific Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 30. Asia-Pacific Battery Energy Management System Market Share by Region (2019-2030)

Figure 31. China Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 32. Japan Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 33. South Korea Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 34. Southeast Asia Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 35. India Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 36. Australia Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 37. Latin America Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 38. Latin America Battery Energy Management System Market Share by Country (2019-2030)

Figure 39. Mexico Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 40. Brazil Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 41. Middle East & Africa Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 42. Middle East & Africa Battery Energy Management System Market Share by Country (2019-2030)

Figure 43. Turkey Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 44. Saudi Arabia Battery Energy Management System Market Size YoY Growth (2019-2030) & (US$ Million)

Figure 45. GE Revenue Growth Rate in Battery Energy Management System Business (2019-2024)

Figure 46. Honeywell Revenue Growth Rate in Battery Energy Management System Business (2019-2024)

Figure 47. Schneider Electric Revenue Growth Rate in Battery Energy Management System Business (2019-2024)

Figure 48. Johnson Controls Revenue Growth Rate in Battery Energy Management System Business (2019-2024)

Figure 49. Hitachi ABB Revenue Growth Rate in Battery Energy Management System Business (2019-2024)

Figure 50. Siemens Revenue Growth Rate in Battery Energy Management System Business (2019-2024)

Figure 51. Emerson Electric Revenue Growth Rate in Battery Energy Management System Business (2019-2024)

Figure 52. Bottom-up and Top-down Approaches for This Report

Figure 53. Data Triangulation

Figure 54. Key Executives Interviewed

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