Automotive Battery Management System Market Business Report Automotive Battery Management System Market, 2025 | Page 3

Automotive Battery Management System Market
Various environmental policies and regulations coupled with governments’ support in the form of subsidies,
grants, and tax rebates are the key factors driving the growth of the automotive battery management system
market. This is because the sales of hybrid electric and pure electric vehicles directly affect the market demand
for automotive battery management systems.
APAC, led by China, recorded the highest sales volume in the automotive battery management system market in
2017. The region is expected to continue holding the largest market share in the coming years, mainly on
account of China’s government policies and initiatives favoring the production of automobiles, particularly
electric vehicles. India and Japan are also expected to play an important role in the growth of the APAC market in
the near future. The government of many Asian countries has plan to end the production and sales of gasoline
and diesel vehicles in coming years. This move is expected to increase the market of electric vehicles in the
region, benefiting the growth of the market during the forecast period.
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