Europe Intelligent Battery Sensor Market Size & Outlook
The intelligent battery sensor market in Europe is expected to reach a projected revenue of US$ 3,562.9 million by 2030. A compound annual growth rate of 10.5% is expected of Europe intelligent battery sensor market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,768.8
Forecast, 2030 (US$M)
$3,562.9
CAGR, 2024 - 2030
10.5%
Report Coverage
Europe
Europe intelligent battery sensor market, 2018-2030 (US$M)
Europe intelligent battery sensor market highlights
- The Europe intelligent battery sensor market generated a revenue of USD 1,768.8 million in 2023.
- The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, voltage sensors was the largest revenue generating type in 2023.
- Voltage Sensors is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 1,768.8 million |
| Market revenue in 2030 | USD 3,562.9 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Voltage sensors |
| Fastest growing segment | Voltage Sensors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Voltage Sensors |
| Key market players worldwide | Robert Bosch Engineering & Business Solutions, Continental AG, HELLA GmbH & Co KGaA, NXP Semiconductors NV, Medtronic PLC, Valence Community, Texas Instruments Inc, Denso Corp, Renesas Electronics Corp, Analog Devices Inc, Infineon Technologies AG, TE Connectivity Ltd, Murata Manufacturing Co Ltd, Delphi Technologies |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.1% of the global intelligent battery sensor market in 2023.
- Globally, Asia Pacific 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 4,969.3 million by 2030.
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Intelligent Battery Sensor Market Scope
Intelligent battery sensor market segmentation & scope
Vehicle Type
Passenger Vehicle
Commercial Vehicle
Electric Vehicles
Sales Channel
OEM
Aftermarket
Application
Battery Management Systems (BMS)
Telematics
Start-Stop Systems
End User
Automotive Manufacturers
Fleet Operators
Telecommunications Companies
Renewable Energy Providers
Aerospace & Defense
Consumer Electronics
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
Japan
India
South Korea
Australia
Brazil
Saudi Arabia
UAE
South Africa
Intelligent Battery Sensor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe intelligent battery sensor market
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