Middle East and Africa Battery Management System Market Forecast (2017-2025)

Year SOUTH AFRICA REST OF MIDDLE EAST AND AFRICA SAUDI ARABIA UAE
2017 $ 63.0 $ 79.8 $ 107.4 $ 89.6
2018 $ 71.9 $ 92.1 $ 123.4 $ 107.2
2019 $ 82.2 $ 106.4 $ 141.8 $ 128.3
2020 $ 94.0 $ 123.2 $ 163.3 $ 153.6
2021 $ 107.8 $ 142.9 $ 188.4 $ 184.1
2022 $ 123.7 $ 166.0 $ 217.5 $ 220.6
2023 $ 142.6 $ 193.6 $ 252.3 $ 265.3
2024 $ 164.4 $ 225.8 $ 292.7 $ 318.7
2025 $ 189.6 $ 263.4 $ 339.6 $ 382.7
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Middle East and Africa Battery Management System Market Forecast (2017-2025)

Synopsis
The above chart is Global Battery Management System market [2017-2025] by Middle East and Africa

Market Dynamics

saudi arabia accounted for the largest market share in 2018 in the middle east and africa battery management system market, and is expected to reach usd 339.60 million in 2025 from usd 123.40 million in 2018. however, uae is the fastest growing market, which is expected to grow at a cagr of 19.98% during the forecast period 2019 - 2025. automotive segment accounted for the largest market share in 2018, this market is expected to reach usd 343.30 million in 2025 from usd 91.10 million in 2018. this market is projected to grow at a cagr of 20.87% during the forecast period from 2019 - 2025. centralized segment accounted for the largest market share in 2018, this market is expected to reach usd 566.00 million in 2025 from usd 187.70 million in 2018. this market is projected to grow at a cagr of 17.19% during the forecast period from 2019 - 2025. however, modular segment is the fastest growing market, which is expected to grow at a cagr of 17.53% 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 573.50 million in 2025 from usd 186.70 million in 2018. this market is projected to grow at a cagr of 17.50% 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 17.50% during the forecast period 2019 - 2025. hardware segment accounted for the larger market share in 2018, this market is expected to reach usd 656.50 million in 2025 from usd 243.90 million in 2018. this market is projected to grow at a cagr of 15.28% 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 19.42% during the forecast period 2019 - 2025.

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