South America Battery Management System market

brazil accounted for the largest market share in 2018 in the south america battery management system market, and is expected to reach usd 475.00 million in 2025 from usd 161.90 million in 2018.this market is projected to grow at a cagr of 16.73% during the forecast period from 2019 - 2025. centralized segment accounted for the largest market share in 2018, this market is expected to reach usd 394.80 million in 2025 from usd 139.30 million in 2018. this market is projected to grow at a cagr of 16.15% during the forecast period from 2019 - 2025. however, modular segment is the fastest growing market, which is expected to grow at a cagr of 16.46% 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 400.80 million in 2025 from usd 139.00 million in 2018. this market is projected to grow at a cagr of 16.44% 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 16.44% during the forecast period 2019 - 2025. automotive segment accounted for the largest market share in 2018, this market is expected to reach usd 233.20 million in 2025 from usd 65.90 million in 2018. this market is projected to grow at a cagr of 19.80% during the forecast period from 2019 - 2025. hardware segment accounted for the larger market share in 2018, this market is expected to reach usd 461.60 million in 2025 from usd 181.10 million in 2018. this market is projected to grow at a cagr of 14.38% 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 18.21% during the forecast period 2019 - 2025.