Albany, NY — 03/13/2018 — Demand for clean energy has increased significantly due to the rise in awareness and increase in concerns regarding global warming. This has led to a shift toward sources of energy such as solar, wind, and environmentally-friendly electric and hybrid vehicles. Energy storage is a grave concern for successful implementation of these clean solutions. It can be resolved by the application of battery of various capacities for energy storage. Hence, monitoring of these batteries is an important task that helps ensure the proper working of these clean technologies and applications that are directly or indirectly dependent on battery. Battery monitoring system continuously measures, records, monitors, and analyzes various parameters for individual cells and battery modules. Analyzing the data obtained from battery monitoring helps one to know the condition of the battery or cell. It would also help in taking proper actions in order to avoid unplanned power outages.
Browse Research Report With Complete TOC @ https://www.transparencymarketresearch.com/battery-monitoring-system-market.html
The battery monitoring system aims to notify the user about the existing scenario and health of the battery or battery bank. It alerts the user about the failure of batteries in the bank. It also alerts the user about the net charge existing or total backup available from battery or the battery bank. Any particular damage to the battery can be easily monitored in order to take necessary action to guard the battery from any major damage hindering its ability to perform. Hence, battery monitoring can prolong the overall battery life and its efficiency. A battery monitoring system generally monitors charging, discharging, and load on the battery; AC mains frequency & voltage; and ambient temperature and temperature of the battery. The battery monitoring system also helps generate live report of the battery performance and triggers alarm if any fault is detected.
Based on end-user, the battery monitoring system market can be segmented into energy industry, automotive industry, IT & telecommunication industry, and others. In the energy industry, the battery monitoring system is used to monitor battery conditions used for storing power generated from solar and wind energy, or for monitoring the battery utilized as power backup in power generation and oil and gas segments of the energy industry. In the automotive sector, the battery monitoring system is used primarily in electric and hybrid electric vehicles to indicate the status of the various parameters of the battery used. In the IT & telecommunication industry, the battery monitoring system is employed to ensure the proper working of the battery that provides power to various intensive and critical devices. The others segment includes manufacturing, defense, and healthcare.
In terms of region, the battery monitoring system market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to hold major share of the global battery monitoring system market during the forecast period. Europe is expected to follow the lead of North America during the forecast period. However, Asia Pacific is anticipated to have significant growth potential; the market in the region is estimated to expand at a significant pace during the forecast period.
Request a PDF Brochure with Research Report Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=38618
Key players operating in the battery monitoring system market include ABB Group, Crucial Power Products, BTECH, Inc., C&D TECHNOLOGIES, INC., NDSL Group LTD, General Electric Company, and PowerShield Limited.
About Transparency Market Research
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR's syndicated reports strive to provide clients to serve their overall research requirement.
Latest posts by Jasmine Petters (see all)
- Author Rebecca Dunahoeâ€™s Newly Released â€œFrancis Marion: The Swamp Fox of Snows Islandâ€� is the Incredible Story of a Historic Hero Whose Legacy Lives On - March 19, 2018
- Joan Meadorâ€™s Newly Released â€œThe Tattered Princessâ€� is the Heartwarming Journey of one Womanâ€™s Struggle with Mental Illness. - March 19, 2018
- Women's Advocate and Author to Release Her Sophomore Novel - March 19, 2018