This article delves into the future of the BMS industry by exploring key trends shaping its growth, market projections, major companies leading the sector, regional analysis, opportunities, challenges, and segmentation. Trends Shaping the Future of Battery Management. . This management scheme is known as “battery management system (BMS)”, which is one of the essential units in electrical equipment. BMS reacts with external events, as well with as an internal event. Firstly, BMS ensures the safe and efficient operation of batteries by monitoring various parameters such as voltage, current, and temperature. . These electronic systems monitor, optimize, and protect the lithium-ion battery packs that power modern EVs, ensuring performance, safety, and longevity that drivers can depend on. In this review, the latest algorithm trends for BMS software are discussed. This work also focuses on several key functionalities of BMS like the state of charge. .
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