Blockchain Press Releases
Battery Management System (BMS) Market size worth USD 33,447.29 Million, Globally, by 2030 at 19.86% CAGR: Verified Market Research®
The “Global Battery Management System (BMS) Market Size By Type, By Topologies, By Component, By Battery Type, By Application, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Battery Management System (BMS) Market, including its growth prospects, market trends, and market challenges
JERSEY CITY, N.J., Aug. 9, 2023 /PRNewswire/ — The Global Battery Management System (BMS) Market is projected to grow at a CAGR of 19.86% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 7,085.00 Million in 2022 and is expected to reach USD 33,447.29 Million by the end of the forecast period.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=3602
Browse in-depth TOC on “Battery Management System (BMS) Market“
202 – Pages
126 – Tables
37 – Figures
Battery Management Systems (BMS) Redefining Efficiency and Safety in Battery Applications
Battery Management Systems (BMS) have emerged as the key to optimizing battery performance, assuring safety, and driving the development of sustainable practices across industries. The incorporation of innovative technologies into BMS solutions is reshaping the battery landscape and improving the operational efficiency of battery-powered applications.
Unlocking Battery Potential Through Advanced BMS:
Battery Management Systems (BMS) have evolved into sophisticated control systems that manage battery behavior while integrating seamlessly with charging infrastructure and capacity utilization, thereby unlocking battery potential. By mitigating overheating risks, uniformly distributing charges, and enforcing safe operating parameters, battery management systems (BMS) not only increase the battery’s overall efficiency and dependability, but also increase its lifespan. Modern BMS solutions feature the ability to recover lost capacity during outages, thereby extending the life of Li-ion cells.
In the midst of the ongoing tide of industrialization and the increased emphasis on sustainability, the use of batteries has become a cornerstone of many industries. Collectively, battery cells with their distinct voltage, temperature, and current requirements contribute to the delivery of energy to charges. In this regard, Battery Management Systems (BMS) play a crucial role by facilitating real-time monitoring, data aggregation, and external communication. Users can utilize this data to assess the health of individual cells and the battery charge, ensuring stability.
Market Drivers Fueling BMS Growth:
The global Battery Management System (BMS) Market is experiencing robust growth as a result of a number of factors. The increase in the adoption of electric vehicles, battery-powered public transportation, and renewable energy sources drives the demand for sustainable battery solutions. The prevalence of rechargeable batteries in industries such as telecommunications, aerospace, defense, and electronics further accelerates market growth. Key players’ strategic investments in advanced BMS technology and diagnostic systems bolster their market presence, resulting in a substantial increase in market share and ranking.
The Asia-Pacific (APAC) region arises as a fertile ground for Battery Management System (BMS) Market expansion, characterized by rising production capacities and rising demand for rechargeable batteries in industries such as consumer electronics and automotive. While APAC prospers, North America and Europe are expected to maintain global dominance by leveraging established actors, robust R&D investments, and support for the development of hybrid electric and electric vehicles.
Financial Statements, SWOT Analysis, and Future Development:
Major players in the Battery Management System (BMS) Market include BYD, Contemporary Amperex Technology Co., Limited, Eberspacher, Nuvation Engineering, NXP Semiconductors, LG Chem, Ficosa International SA, Hella Gmbh & Co. Kgaa, Eberspaecher Vecture, and Leclanche S.A. These industry leaders examine their financial statements, benchmark their products, conduct a SWOT analysis, and implement key development strategies to increase their market share and ranking.
In conclusion, Battery Management Systems (BMS) have redefined the efficiency and safety of battery applications, thereby elevating their significance across multiple industries. The global Battery Management System (BMS) Market is flourishing, propelled by the innovative strategies of key market participants, technological advancements, and a growing demand for sustainable energy solutions. BMS emerges as an indispensable enabler of reliability and efficiency as the battery landscape continues to transform, with BYD, Contemporary Amperex Technology Co., Limited, and other key players at the forefront of this transformational journey.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Battery Management System (BMS) Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Battery Management System (BMS) Market into Type, Battery Type, Component, Topologies, Application, And Geography.
- Battery Management System (BMS) Market, by Type
- o Stationary Battery
- o Motive Battery
- Battery Management System (BMS) Market, by Topologies
- Distributed
- Modular
- Centralized
- Battery Management System (BMS) Market, by Component
- Battery Management Unit
- Communication Unit
- Battery Management System (BMS) Market, by Battery Type
- Lithium-ion
- Lead-acid
- Others
- Battery Management System (BMS) Market, by Application
- Automotive
- Consumer/Industrial Handheld Devices
- Energy
- Telecommunication
- Medical Devices
- Marine
- Others
- Battery Management System (BMS) Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
Browse Related Reports:
Battery Energy Storage System Market By Element (Battery, Hardware), By Battery Type (Lithium-Ion Batteries, Flow Batteries), By Connection Type (On-Grid Connection, Off-Grid Connection), By Ownership (Customer Owned, Third-Party Owned), By Application (Residential, Non-Residential), By Geography, And Forecast
Battery Sensor Market By Voltage Type (12V, 24V), By Communication (LIN, CAN), By Vehicle Type (Passenger cars, Light Commercial Vehicles), By Hybrid Type (HEV and PHEV), By Geography, And Forecast
Battery Monitoring System Market By Type (Wired, Wireless), By Component (Hardware, Software), By Battery Type (Lithium-Ion Based, Lead-Acid), By Geography, And Forecast
Electric Vehicle Battery Management System Market By Product (Synchronous Motor, Asynchronous Motor), By Application (Passenger Vehicle, Commercial Vehicle), By Geography, And Forecast
Top 10 Battery Manufacturing Equipment Manufacturers putting life in gadgets
Visualize Battery Management System (BMS) Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: [email protected]
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/battery-management-system-bms-market-size-worth-usd-33-447-29-million-globally-by-2030-at-19-86-cagr-verified-market-research-301896757.html
Blockchain Press Releases
WSPN Launches Revolutionary Bank API Integration, Enabling WUSD Minting in Under 5 Minutes
SINGAPORE, April 28, 2025 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN) is pleased to announce a groundbreaking enhancement to its stablecoin infrastructure with the launch of a new bank API integration that enables users to mint WUSD in under 5 minutes, 24 hours a day, 7 days a week.
This technological advancement represents a significant milestone in the stablecoin industry, effectively eliminating the traditional waiting periods associated with fiat-to-crypto conversions and providing users with unprecedented access to digital assets regardless of banking hours or geographic location.
“Our mission has always been to break down barriers in the financial ecosystem,” said Raymond Yuan, Founder & CEO of WSPN. “This new integration revolutionizes the speed and efficiency with which users can access stablecoins. Minting WUSD in under 5 minutes, regardless of the time or day, creates unprecedented opportunities for both individual and institutional users in the digital asset space.”
Key Features of the Enhanced WSPN Portal:
- Automated Fiat Deposits: Streamlined process for transferring USD from bank accounts to the WSPN platform
- 5-Minute Minting Process: Complete end-to-end conversion from USD to WUSD in under 5 minutes
- 24/7 Availability: Continuous service regardless of traditional banking hours
- Multi-Bank Support: Integration with Green Link Digital Bank, FV Bank, and Banking Circle
- Cross-Chain Compatibility: Easy withdrawal of newly minted WUSD to Ethereum or Polygon networks
The enhanced system operates through a simple three-step process: users deposit USD from their bank, mint WUSD from their USD balance, and can then withdraw WUSD to their preferred blockchain wallet. Each step has been optimized for speed and security, with the entire process taking less than 5 minutes from start to finish.
This development comes at a time when demand for efficient fiat-to-crypto on-ramps continues to grow, particularly for stablecoins that serve as a bridge between traditional finance and decentralized applications. By removing time constraints and simplifying the minting process, WSPN is positioning WUSD as a leading solution for users who require immediate access to digital assets.
About WSPN
WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.
Learn more: www.wspn.io | X | LinkedIn
Logo – https://mma.prnewswire.com/media/2429245/WSPN_logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wspn-launches-revolutionary-bank-api-integration-enabling-wusd-minting-in-under-5-minutes-302439499.html
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
-
Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
-
Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
-
Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
-
Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
-
Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
DUBAI, UAE, April 25, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and the first mainstream cryptocurrency exchange to incorporate Gold & FX trading on its trading platform, is thrilled to introduce the Gold & FX Referral Program as Gold price skyrockets. This exclusive offer is available to eligible Bybit users only, with up to 10,000 USDT in bonuses available for top referrers.
In April 2025, Gold prices surpassed $3,500 per ounce for the first time in history, soaring by 42% year-on-year. Despite brief corrections, the oldest safe haven asset’s price growth continues to seem unstoppable as macroeconomic uncertainty intensifies. Live since August 2024, Bybit’s Gold & FX trading volumes also hit an all-time-high — exceeding $24 billion over a 24 hour period on April 17, 2025.
To help traders capture the momentum, Bybit has unlocked a total 180,000 USDT prize pool for Gold and FX traders from now until 10AM UTC, May 22 on a first-come, first-serve basis. Eligible referrers may register at the campaign page to join the referral mania, refer friends to make a first-time deposit and trade Bybit’s MT5 platform to win rewards:
- Referrers can each earn up to 10,000 USDT if their successful referees make an eligible first-time deposit and trade the minimum required number of lots.
- Referees shall automatically qualify for zero fees when trading the following indices with MT5 on Bybit: DJ30, NAS100, CHINA50, SP500, GER40, US2000, HK50, FRA40, Nikkei225, UK100, EU50, ES35, HKTECH, BVSPX, SA40, SPI200, SGP20 and TWINDEX.
With Gold forecast to reach new heights and Bybit expanding its multi asset class products across its various exchange trading capabilities, more traders are expected to turn to the exchange for access to their comprehensive suite of trading tools, with unique market offerings ranging from trending tokens to global indices. Bybit is committed to leading in user experience and redefining rewards in the crypto trading space.
Restrictions apply. Users may refer to the campaign page for further details.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-exchange-gold–fx-trading-hits-all-time-high-as-gold-prices-soar-302438498.html
-
Blockchain7 days ago
Islamic finance Market to Reach $3.4 Trillion by 2027 in the short run and $7.7 Trillion by 2033 Globally, at 12.0% CAGR: Allied Market Research
-
Blockchain4 days agoBlocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – April 24, 2025 (Decrypt, CoinDesk, Cointelegraph, 80 Level, UNDP/BGA)
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day)
-
Blockchain4 days agoBlaqclouds Board Approves 30-Day Revenue Acceleration and Ecosystem Monetization Plan
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
-
Blockchain Press Releases7 days agoIntroducing Clementine Bridge: Citrea Deploys First Complete BitVM Bridge Design on Testnet
-
Blockchain Press Releases4 days ago10% Rebate: Bybit Card Introduces USDC Cashback
