Middle East & Africa Battery Management System Market Size & Outlook
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MEA battery management system market highlights
- The MEA battery management system market generated a revenue of USD 205.7 million in 2024.
- The market is expected to grow at a CAGR of 17.7% from 2025 to 2030.
- In terms of segment, lead-acid based was the largest revenue generating battery type in 2024.
- Lithium-Ion Based is the most lucrative battery type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 205.7 million |
| Market revenue in 2030 | USD 527.3 million |
| Growth rate | 17.7% (CAGR from 2025 to 2030) |
| Largest segment | Lead-acid based |
| Fastest growing segment | Lithium-Ion Based |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nickel Based, Flow Batteries, Lithium-Ion Based, Lead-Acid Based |
| Key market players worldwide | Johnson Matthey PLC, Analog Devices Inc, NXP Semiconductors NV, Nuvation Bio Inc Ordinary Shares - Class A, Texas Instruments Inc, Leclanche SA, Infineon Technologies AG |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.4% of the global battery management system market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,391.0 million by 2030.
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Battery Management System Market Scope
Battery Management System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Leclanche SA | View profile | 199 | Avenue des Sports 42, Yverdon-les-Bains, Switzerland, CH-1401 | https://www.leclanche.com |
| Nuvation Bio Inc Ordinary Shares - Class A | View profile | 159 | 1500 Broadway, Suite 1401, New York, NY, United States, 10036 | https://www.nuvationbio.com |
| Johnson Matthey PLC | View profile | 12638 | 25 Farringdon Street, 5th Floor, London, United Kingdom, EC4A 4AB | https://www.matthey.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Analog Devices Inc | View profile | 26000 | One Analog Way, Wilmington, MA, United States, 01887 | https://www.analog.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
Middle East & Africa battery management system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to battery management system market will help companies and investors design strategic landscapes.
Lead-acid based was the largest segment with a revenue share of 50.36% in 2024. Horizon Databook has segmented the Middle East & Africa battery management system market based on nickel based, flow batteries, lithium-ion based, lead-acid based covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of battery management system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa battery management system market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa battery management system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA battery management system market size, by country, 2018-2030 (US$M)
Middle East & Africa Battery Management System Market Outlook Share, 2024 & 2030 (US$M)
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