According to data from QY Research, the global automotive BMS market is expected to increase to 88.474 billion yuan by 2027, with an average annual compound growth rate of 26.35% from 2021 to 2027.
GGII, an Industrial Research Institute, predicts that by 2025, the market value of China’s energy storage BMS will reach 17.8 billion yuan (including overseas exports), with a compound annual growth rate of 47%. The BMS market has broad room for growth.