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Increasing usage of electric remote devices, and emission control issues are leading the Middle East and Africa Battery Management System Market

 



(IT-NEWSWIRE.COM, February 16, 2018 ) Battery management system acts as a critical component of hybrid electric vehicle and electric vehicles. Charge control, cell balancing, maintaining safety and reliability of the battery and state monitoring are the functionalities that are implemented by the BMS.

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Increasing penetration of electric vehicles coupled with the increasing government initiatives is estimated to propel the battery management system market in Africa. Due to the emission control issues and rise in usage of electric remote devices and electric vehicles battery management system market in Middle East and Africa have rapid growth.

Key players in the market include:
• Johnson Matthey PLC. (U.K.)
• Lithium Balance A/S (Europe)
• Valence Technology, Inc. (U.S.)
• Nuvation Engineering (U.S.)
• Intersil Corporation (U.S.)

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• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysis are performed to understand the market dynamics and key companies’ position during the next five years.
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• Industry value chain analysis is provided in the report to find the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
• A complete 360-degree analysis including product portfolio, business portfolio, developmental strategies, key developments from the companies in the historical period for the key players running in the market is included in the report.
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