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CHARGING THE FUTURE POST COVID-19 WITH BMS SOLUTIONS

Battery Management System controls how storage is used. In wind and solar power, BMS is used to control the output fluctuations. Battery management system has multiple applications today.

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CHARGING THE FUTURE POST COVID-19 WITH BMS SOLUTIONS

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  1. CHARGING THE FUTURE POST COVID-19 WITH BMS SOLUTIONS

  2. Introduction • The application of the Battery Management System is expanding and its market is growing. • According to the latest report and analysis from P&S Market Research, the global battery management system market is predicted to grow at a CAGR of 14.5% during the period of 2020 – 2030. • The revenue is expected to increase from 5.1 billion dollars in 2019 to 22.3 billion dollars by 2030. • One of the factors that have boosted the demand for BMS is the use of Li-ion battery technology for various applications due to its higher energy density, the longer life cycle of batteries and better resilience.

  3. Battery Management System

  4. Battery Management System Is The Need Of The Hour • The demand for reliable power in critical infrastructure spaces like super-specialty hospitals, banks, and data centres is a must. • Especially now, during the COVID-19 era, many of the hospitals highlighted the need for better battery solutions which can extend and improve the functioning of devices like a monitor and other medical devices. • Li-ion batteries with BMS integration can fulfil the demand in the future. • The COVID-19 situation has alerted India about its reliance on a country like China for Li-ion batteries, electronic components, and raw material requirements. It is the dire need of the hour to encourage local production of Li-ion batteries and BMS.

  5. Renewable Energy

  6. Evolute Group • We are on a mission to TechPower the world ™ and accelerate worldwide change with our suite of highly efficient, extremely smart, scientifically and financially viable embedded systems solutions. • Our products and solutions are built to provide services in the FinTech, CleanTech, GovTech and Industrial Electronics sectors while supporting SaaS, PaaS and on Premises Opex Models. • Tried and tested, our end-to-end FinTech solutions are bridging the divide by reaching out to unbanked communities across the globe and making their financial lives seamless. • For more details visit to CHARGING THE FUTURE POST COVID-19 WITH BMS SOLUTIONS

  7. Evolute Group For more information visit our official website Evolute

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