Battery Management System Market by Battery Type � Lithium Ion and Advanced Lead for 2019 - 2027
The growing global adoption of electric cars (EVs) and hybrid electric vehicles (HEVs) as a result of rigorous rules, such as the Kyoto Protocol, to reduce greenhouse gas (GHG) emissions is likely to drive the growth of the battery management system (BMS) market during the forecast period. Factors such as the increasing adoption of rechargeable batteries across various end-use sectors, the growing need for telecommunications backup systems, and the necessity for effective electric grid management are also projected to boost the market
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