Asia Pacific Battery Management System market

china accounted for the largest market share in 2018 in the asia pacific battery management system market, and is expected to reach usd 2110.60 million in 2025 from usd 482.50 million in 2018.this market is projected to grow at a cagr of 23.54% during the forecast period from 2019 - 2025. automotive segment accounted for the largest market share in 2018, this market is expected to reach usd 1496.70 million in 2025 from usd 300.70 million in 2018. this market is projected to grow at a cagr of 25.75% during the forecast period from 2019 - 2025. centralized segment accounted for the largest market share in 2018, this market is expected to reach usd 2383.60 million in 2025 from usd 612.60 million in 2018. this market is projected to grow at a cagr of 21.53% during the forecast period from 2019 - 2025. however, modular segment is the fastest growing market, which is expected to grow at a cagr of 22.14% during the forecast period 2019 - 2025. lithium ion based segment accounted for the largest market share in 2018, this market is expected to reach usd 2413.40 million in 2025 from usd 606.00 million in 2018. this market is projected to grow at a cagr of 21.94% during the forecast period from 2019 - 2025. however, lithium ion based segment is the fastest growing market, which is expected to grow at a cagr of 21.94% during the forecast period 2019 - 2025. hardware segment accounted for the larger market share in 2018, this market is expected to reach usd 2657.60 million in 2025 from usd 785.00 million in 2018. this market is projected to grow at a cagr of 19.10% during the forecast period from 2019 - 2025. however, software and services segment is the fastest growing market, which is expected to grow at a cagr of 24.51% during the forecast period 2019 - 2025.