North America Battery Management System market

united states accounted for the largest market share in 2018 in the north america battery management system market, and is expected to reach usd 1753.70 million in 2025 from usd 510.60 million in 2018.this market is projected to grow at a cagr of 19.38% during the forecast period from 2019 - 2025. automotive segment accounted for the largest market share in 2018, this market is expected to reach usd 776.60 million in 2025 from usd 187.50 million in 2018. this market is projected to grow at a cagr of 22.69% during the forecast period from 2019 - 2025. lithium ion based segment accounted for the largest market share in 2018, this market is expected to reach usd 1209.50 million in 2025 from usd 354.60 million in 2018. this market is projected to grow at a cagr of 19.33% 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 19.33% during the forecast period 2019 - 2025. centralized segment accounted for the largest market share in 2018, this market is expected to reach usd 1257.60 million in 2025 from usd 376.40 million in 2018. this market is projected to grow at a cagr of 18.98% during the forecast period from 2019 - 2025. however, modular segment is the fastest growing market, which is expected to grow at a cagr of 19.44% during the forecast period 2019 - 2025. hardware segment accounted for the larger market share in 2018, this market is expected to reach usd 1302.40 million in 2025 from usd 447.60 million in 2018. this market is projected to grow at a cagr of 16.60% 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 21.54% during the forecast period 2019 - 2025.