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Battery Management System Market to Surpass US$ 32 Bn by 2031: Future Market Insights The demand for battery management systems has gained tremendous popularity as a result of developments in wireless and wired electronic devices and technology. DUBAI, UAE / ACCESSWIRE / March 4, 2021 / Future Market Insights: FMI projects the battery management system market to grow with a CAGR of 17.8% through 2031. The industry is expected to be driven by the development and implementation of new technologies such as electric vehicle batteries. Manufacturers are entering into a strategic partnership with other technology vendors and integrators, automotive OEMs and others stakeholders for the development of new technologies and solutions.

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