Connect with us

Technology

Automotive Battery Management System (BMS) Market worth $15.65 billion by 2030 – Exclusive Report by MarketsandMarkets™

Published

on

DELRAY BEACH, Fla., May 26, 2025 /PRNewswire/ — The global automotive battery management system market is estimated to be USD 6.53 billion in 2025 and is projected to reach USD 15.65 billion by 2030, registering a CAGR of 19.1% during the forecast period according to a new report by MarketsandMarkets™. Advancements in electric vehicle technologies, such as high energy density lithium-ion batteries, fast-charging solutions, and connected vehicle platforms, are key drivers of the automotive battery management system market. As battery safety, thermal stability, and energy efficiency become critical performance parameters, the need for intelligent BMS solutions that ensure cell balancing, fault detection, and real-time monitoring is increasing across all EV categories. Additionally, rising regulatory pressure regarding battery safety standards, emission control, and recycling guidelines is propelling the demand for sophisticated battery management systems.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=15321159

Browse in-depth TOC on ‘Automotive Battery Management System (BMS) Market’
100 – Tables
70 – Figures
250 – Pages

Automotive Battery Management System (BMS) Market Report Scope:

Report Coverage

Details

Market Revenue in 2025

$ 6.53 billion

Estimated Value by 2030

$ 15.65 billion

Growth Rate

Poised to grow at a CAGR of 19.1%

Market Size Available for

2021–2030

Forecast Period

2025–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Battery Type, Topology, Application, and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Impact of external factors on performance of battery management systems

Key Market Opportunities

Development of cell management system (CMS) technology

Key Market Drivers

Remarkable growth of electric vehicle industry

Passenger vehicle segment to exhibit highest CAGR during forecast period.

By application, the passenger vehicle segment is projected to witness the highest CAGR during the forecast period. This increase is mainly fueled by the growing acceptance of electric vehicles (EVs), heightened environmental awareness, and strict emission regulations around the globe. As governments encourage greener transportation through incentives and regulatory requirements, car manufacturers are promoting the electrification of their passenger vehicle line-ups, leading to increased demand for effective and sophisticated BMS solutions. Passenger electric vehicles, such as battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs), require sophisticated battery management systems to continuously monitor and manage battery health, temperature, and charge levels. These systems play a crucial role in ensuring battery safety, prolonging lifespan, and improving vehicle performance. Furthermore, the increasing incorporation of connectivity features and autonomous technologies in passenger vehicles fuels the demand for advanced BMS that can facilitate remote diagnostics, predictive analytics, and over-the-air updates. Leading automotive manufacturers are making substantial investments in research and development to create cost-effective, scalable BMS solutions specifically designed for passenger cars. With consumer demand growing for energy-efficient, low-maintenance vehicles and the global expansion of EV infrastructure, the passenger vehicle segment is projected to be a key driver of the growth of the automotive battery management system market.

Modular topology segment accounted for largest market share in 2024.

Based on topology, the modular topology segment accounted for the largest market share in 2024 due to its flexible design, scalability, and enhanced fault tolerance capabilities. A modular arrangement is also known as star, decentralized, or master and slave’s topology. Each cell board handles a specific number of cells in the modular structure. Communication interfaces are employed to connect the master control board with the slave board, which helps control the operations of the system. Slave controllers monitor and control a group of cells and transfer the data to a centralized master controller. The modular architecture in an automotive battery management system consists of two topologies – master and slave and peer-to-peer. Most manufacturers prefer modular topology over others as it offers efficient computational power and is safe as it does not require extensive wire harnesses. Modular topology is used in electric vehicles. Due to high flexibility and superior performance, modular topology is expected to be the dominant segment during the forecast period.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=15321159

Asia Pacific accounted for the largest share of the automotive battery management system market in 2024.

Asia Pacific dominated the automotive battery management system industry in 2024. The market is driven by the region’s strong electric vehicle (EV) adoption, large-scale automotive production, and favorable government initiatives promoting clean energy. The region is the largest manufacturer, supplier, and consumer of lithium-ion batteries due to the easy availability of raw materials. The market for automotive battery management systems has enormous potential in the Asia Pacific region. The region has a large number of electronic component and system manufacturers, BMS solution providers, and electric vehicle/EV battery manufacturers. LG Energy Solution (South Korea), Panasonic Holdings Corporation (Japan), and Renesas Electronics Corporation (Japan) are some of the key players in the Asia Pacific automotive battery management system market. South Korea, China, and Japan are among the largest exporters of electric vehicles globally. In addition, recent infrastructure developments and industrialization activities in emerging countries have opened up new avenues and opportunities for OEMs in the region. These factors contribute to the high growth of the automotive battery management system market in Asia Pacific.

Key Players

Key companies operating in the automotive battery management system companies include Element Eberspächer (Germany), Sensata Technologies, Inc. (US), LG Energy Solution (South Korea), Ficosa Internacional SA (Spain), and AVL (Austria).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=15321159

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Battery Management System Market by Type (Motive & Stationary Batteries), Battery Type (Lithium- ion, Lead-acid, Nickel-based, Solid-state, Flow batteries), Topology (Centralized, Distributed, & Modular), Application & Region – Global Forecast to 2029

Automotive Lead-Acid Battery Market by Product (SLI Batteries, Micro Hybrid, Auxiliary), Type (Flooded, VRLA), End Use (Passenger Cars, Light & Heavy Commercial Vehicles, Two Wheelers, Three Wheelers), and Region – Global Forecast to 2032

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/automotive-battery-management-system-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/automotive-battery-management-system.asp

Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/automotive-battery-management-system-bms-market-worth-15-65-billion-by-2030—exclusive-report-by-marketsandmarkets-302465038.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Lena Johnson Named President of National Brokerage for Douglas Elliman Realty

Published

on

By

Luxury brand executive and real estate industry veteran to lead national brokerage operations and accelerate Douglas Elliman’s leadership in the high-end market

NEW YORK, April 28, 2026 /PRNewswire/ — Douglas Elliman Realty, the preeminent luxury residential real estate brokerage in the United States, today announced the appointment of Lena Johnson as President of National Brokerage. Based at the firm’s New York City headquarters at 575 Madison Avenue in Manhattan, Johnson will lead brokerage operations nationally with a strategic mandate to further strengthen the firm’s position in the global luxury real estate market, elevate agent performance, and deliver a distinctly differentiated experience for both agents and clients. She will report directly to Douglas Elliman Inc. President & CEO Michael S. Liebowitz.

“Lena understands the luxury consumer at the highest level and has repeatedly built businesses that attract elite talent and deliver elevated client experiences,” said Michael S. Liebowitz. “Douglas Elliman has always stood apart through service, relationships, and excellence. Lena’s leadership strengthens that identity and positions us to lead the next era of luxury brokerage.”

Johnson joins Douglas Elliman with a career defined by leadership at brands synonymous with luxury, design, and high-touch client service. Her experience spans premier names in real estate, media, and lifestyle, where she has built platforms that resonate with sophisticated consumers and top-performing talent making her uniquely aligned with Douglas Elliman’s brand and vision.

“From my earliest conversations with Michael, it was clear we share the same vision for where the luxury market is headed and what agents need to succeed in it,” said Johnson. “Douglas Elliman has an extraordinary brand, unmatched heritage, and a powerful opportunity to further define the future of luxury real estate. By investing in our agents and delivering a more elevated, personalized experience, we can continue to be the brokerage of choice for the world’s most discerning clients.”

Johnson most recently served as Chief Marketing Officer at ONE Sotheby’s International Realty, where she led strategic marketing and brand strategy. Prior to that, she was VP of Marketing and Head of Luxury Division at Compass, where she built and led a 150-person in-house marketing and creative services agency. Earlier in her career, Johnson held senior leadership roles at Vogue, overseeing sales and marketing across the Americas, France, and the UK.

Johnson has emphasized accessibility and deep engagement with the firm’s agent community as a cornerstone of her leadership approach. Agents across all markets can expect close partnership, active collaboration, and meaningful investment in tools, support, and growth opportunities.

A key component of Johnson’s strategy will be leveraging Douglas Elliman’s scale and independence to create a differentiated value proposition in a competitive landscape. She sees the firm as uniquely positioned — not as a big-box brokerage, but as a brand with both heritage and agility that can deliver a more tailored and elevated experience than larger, more institutional competitors.

In her role, Johnson will also focus on expanding Douglas Elliman’s presence in key luxury growth markets globally, while continuing to strengthen its leadership in its established markets nationwide. Her mandate includes enhancing agent productivity, modernizing brokerage infrastructure, and attracting top-tier talent aligned with the firm’s long-term vision. She will work alongside the broader executive leadership team as the company executes on its strategy to accelerate growth and reinforce its position as the preeminent luxury residential real estate brokerage in the United States.

Johnson’s appointment underscores Douglas Elliman’s continued commitment to innovation, growth, and leadership in the global luxury real estate sector.

About Douglas Elliman Inc.
Douglas Elliman Inc. (NYSE: DOUG) owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Texas, Colorado, Nevada, Maryland, Virginia, and Washington, D.C. In addition, Douglas Elliman Inc. provides other real estate services, including development marketing, mortgage as well as settlement and escrow services in select markets, and uses as well as invests in early-stage, disruptive property technology solutions and companies. Additional information concerning Douglas Elliman Inc. is available on its website, investors.elliman.com.

Investors and others should note that we may post information about Douglas Elliman Inc. on our website at investors.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman Inc. to review the information we post on our website at investors.elliman.com and on our social media accounts.

Forward-Looking and Cautionary Statements
This press release includes forward-looking statements within the meaning of the federal securities law. All statements other than statements of historical or current facts made in this press release are forward-looking. These statements include, but are not limited to, statements regarding the future growth, plans, strategies and results of Douglas Elliman Inc. We identify forward-looking statements in this press release by using words or phrases such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may be,” “continue” “could,” “potential,” “objective,” “plan,” “seek,” “predict,” “project” and “will be” and similar words or phrases or their negatives. Forward-looking statements reflect our current expectations and are inherently uncertain. Actual results could differ materially for a variety of reasons. Risks and uncertainties that could cause our actual results to differ significantly from our current expectations are described in our Annual Report on Form 10-K for the year ended December 31, 2025 and our Quarterly Reports on Form 10-Q filed thereafter. We undertake no responsibility to publicly update or revise any forward-looking statement, except as required by applicable law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lena-johnson-named-president-of-national-brokerage-for-douglas-elliman-realty-302756070.html

SOURCE Douglas Elliman

Continue Reading

Technology

Kaseya Unveils the First Agentic IT Management Platform – Turning Data into Autonomous Action

Published

on

By

Powered by Kaseya Intelligence, Kaseya’s platform combines the industry’s deepest real-world IT dataset with an execution layer that acts with accuracy

MIAMI, April 28, 2026 /PRNewswire/ — Kaseya, the leading global provider of AI-powered IT management and cybersecurity software, today introduced the first agentic IT management platform – powered by Kaseya Intelligence.

Unlike traditional IT management tools that surface insights for humans to act on, Kaseya’s platform combines comprehensive data across IT operations, cybersecurity, and cyber resilience with an execution layer that autonomously takes action – triaging tickets, containing threats, verifying backups, and optimizing workflows without manual intervention.

This is the core architectural difference. Every major technology vendor has added AI. But AI built on partial data and disconnected tools produces recommendations that are frequently inaccurate – creating more work, not less. Kaseya is the only platform with unified data spanning endpoints, help desks, security operations, and backup infrastructure, paired with the ability to execute across all systems from a single platform. The result is not just intelligence. It is accurate, autonomous action.

“The industry doesn’t need another AI feature bolted onto a disconnected tool,” said Rania Succar, Chief Executive Officer of Kaseya. “What MSPs and IT teams need is a platform that runs their operations – one that sees across every system, understands context, and acts autonomously. That’s what we’ve built. Kaseya Intelligence is the engine. The platform is the operating system. And the outcome is IT that manages itself.”

Why Only Kaseya Can Deliver This

Kaseya Intelligence is the engine at the core of the platform – built on more than 1 billion help desk tickets, 3 exabytes of backup data, and 17 million managed endpoints. This is not a general-purpose AI layer. It is a purpose-built system trained on real-world data at a scale no competitor can match.

But data alone is not enough. What separates Kaseya from the rest of the market is what happens after the AI thinks. Competitors surface a recommendation and hand it to a technician. Kaseya’s platform closes the loop – executing the action, validating the outcome, and learning from it. This is the difference between AI as a feature and AI as an operating system.

Today’s Announcements

The platform vision is already being delivered across three major releases announced today at Kaseya Connect Global:

Agentic Digital Specialists

The service delivery layer powered by Intelligence. Kaseya has introduced AI-powered Digital Specialists that autonomously handle high-volume IT tasks – starting with Ticket Triage, which automatically categorizes and routes tickets with high accuracy, reducing errors and accelerating resolution.

“20 to 30% of our tickets aren’t categorized correctly today,” said Koos Ligtenberg, Business Unit Director, Advisor ICT. “That creates all kinds of downstream issues – including billing inaccuracies. From what we’re seeing in early testing, we believe the Ticket Triage Digital Specialist will eliminate up to 80% of those errors. This is a huge deal for us.”

Kaseya’s Ticket Triage Digital Specialist is generally available today for Autotask Ultimate customers. Additional Digital Specialists spanning IT operations, cybersecurity, and cyber resilience will follow.

Unified Cyber Resilience

Kaseya has unified on-prem, SaaS, Endpoint, and Cloud backup into a single integrated portal – eliminating the fragmented tool sprawl that forces technicians to manage recovery across disconnected vendors. Powered by Kaseya Intelligence, the Unified Cyber Resilience Portal delivers actionable insights through connected workflows and intelligent prioritization, AI-driven screenshot verification with greater than 99.9% accuracy, and compliance coverage including FIPS capabilities and FedRAMP readiness.

Coverage is expanding further across cloud and virtualization. Azure Files support is now generally available, extending Azure VM protection to file shares and unstructured data – giving partners a cost-effective way to protect critical Azure workloads beyond a single-cloud environment. Agentless Hyper-V backup follows in June 2026, protecting virtual machines without individual agents to deploy or maintain.

Kaseya SIEM

Kaseya SIEM is now generally available – a purpose-built solution that delivers enterprise-grade security operations for MSPs and IT teams without the complexity and cost of traditional SIEM platforms. It unifies telemetry across endpoint, network, cloud, identity, and email, correlating signals from more than 60 data sources to detect and respond to threats across the full attack surface.

Unlike traditional SIEMs that require dedicated security engineers, or managed-only offerings that limit control, Kaseya SIEM gives IT teams enterprise-grade detection without enterprise-grade staffing. Cross-surface correlation shows technicians the full attack picture in one interface, without a specialist to parse it. Automated response contains threats in minutes, acting across systems instead of bouncing alerts back to a human. Tunable detection cuts noise, and 400-day log retention covers compliance out of the box. For customers who’d rather not run a SOC in-house, a 24/7 team of real security experts – accelerated by Kaseya Intelligence – delivers the coverage of a dedicated SOC without the burden of building one.

Accelerating Innovation

These releases reflect an accelerating pace of innovation, with more than 100 new features and enhancements delivered in the last 90 days. Kaseya Intelligence is embedded across the platform today and will continue to power new capabilities across IT operations, cybersecurity, and cyber resilience – moving the industry from tools that inform to a platform that acts.

About Kaseya

Kaseya is the leading global provider of AI-powered IT management and cybersecurity software, delivering an integrated platform that helps MSPs and businesses manage infrastructure, secure environments, protect data, and streamline operations. Trusted by more than 40,000 organizations worldwide, Kaseya enables customers to improve productivity, reduce complexity, and scale efficiently. To learn more, visit www.kaseya.com.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/kaseya-unveils-the-first-agentic-it-management-platform–turning-data-into-autonomous-action-302755503.html

SOURCE Kaseya

Continue Reading

Technology

Canary Speech Introduces Free Voice-Based Check-In for Consumers to Help Identify Early Signs of Mental Health Decline

Published

on

By

As gaps in early detection persist, a 45-second voice analysis offers a new way to identify signals of stress, anxiety, and depression during Mental Health Awareness Month

PROVO, Utah, April 28, 2026 /PRNewswire/ — Canary Speech, a leader in vocal biomarker technology, is introducing a free, voice-based check-in designed to help individuals better understand their mental well-being and identify potential early signs of stress, anxiety, and depression. The 45-second check-in offers a quick, private way for individuals to assess their mental well-being and identify potential early signals. Available at no cost through Mental Health Awareness Month, the tool can also be shared to encourage broader awareness and participation.

Mental health challenges affect a significant portion of the population, yet many cases still go unrecognized or untreated due to a lack of early detection. Nearly one in five U.S. adults lives with a mental illness each year, and only about half receive treatment, according to the National Institute of Mental Health, underscoring a persistent gap between need and care.

Subtle changes in speech patterns, tone, and cadence can reflect underlying mental health conditions, but these signals are frequently missed in everyday life. Canary Speech’s technology analyzes vocal characteristics using artificial intelligence to detect indicators associated with stress, anxiety, and depression. By translating voice data into measurable insights, the platform offers a new way to recognize changes that individuals may not be aware of.

“Too often, people don’t recognize changes in their mental health until symptoms begin to interfere with daily life,” said Henry O’Connell, CEO of Canary Speech. “Voice offers a natural, objective signal that can help identify those changes earlier. By making that insight accessible in a simple way, we can help more people take action sooner.”

This initiative reflects a broader shift toward proactive mental health monitoring, where early detection and ongoing awareness play a more central role in care. While voice-based analysis is not a replacement for clinical diagnosis, it can serve as an initial signal that prompts individuals to seek further evaluation and support. As conversations around mental health continue to evolve, Canary Speech aims to help close the gap between experiencing symptoms and recognizing them. By making these signals more visible and accessible, the company seeks to empower individuals to take a more active role in their mental health.

To learn more about Canary Speech, visit www.canaryspeech.com.

About Canary Speech

Canary Speech is a Utah-based, AI-powered voice biomarker health tech company, utilizing patented real-time vocal analysis to screen for mental health and neurological disorders. Canary’s technology swiftly captures and analyzes speech data, detecting behavioral and cognitive changes—including signs of anxiety, depression, and dementia—often before traditional clinical standards or noticeable symptoms. Recently, Canary Speech launched Canary Ambient™, an API-first solution for real-time voice analysis in healthcare and contact centers. This clinical decision support software provides actionable insights from patient-clinician conversations by tracking speech patterns for real-time assessments of cognitive and behavioral health conditions. Canary Speech advances speech and language applications across health systems, payers, and pharmaceutical markets.

Media Contact:

Caitlyn Brooksby, VP of Marketing
caitlyn@canaryspeech.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/canary-speech-introduces-free-voice-based-check-in-for-consumers-to-help-identify-early-signs-of-mental-health-decline-302756083.html

SOURCE Canary Speech

Continue Reading

Trending