Battery Pack Sensors Market Predicted to Surpass $200 Million, Affirms New IDTechEx Study
The market for advanced battery pack sensors is set to surge, with a forecasted value of over $200 million by 2036, according to a new report by IDTechEx titled "Advanced Battery Pack Sensors and Remote Monitoring 2026-2036: Technologies, Markets and Forecasts". This growth is driven by the increasing adoption of advanced sensor technologies and the need for improved battery safety.
Gas sensors, a significant component of this market, are expected to dominate, accounting for over 73% of the total market share by 2036. These sensors play a crucial role in detecting early signs of battery failure and fire risks, making them essential for the safety of electric vehicles (EVs) and energy storage systems.
The report underscores the critical importance of advanced sensing technologies for battery safety and monitoring in the evolving battery pack market over the next decade. It highlights that the market expansion over the coming decade will be driven by regulatory requirements and the need for improved battery safety. This will lead to widespread adoption of these advanced sensors in both the automotive and energy storage sectors.
The report provides comprehensive information on technologies, markets, and forecasts related to advanced battery pack sensors and remote monitoring. It delves into the various sensor technologies included in the full advanced sensors market for battery packs, such as gas sensors, pressure sensors, moisture sensors, humidity sensors, and aerosol sensors.
Currently, regulations require only a 5-minute warning before any fire or smoke enters the passenger area of EVs. However, there is no responsibility placed on battery pack developers to provide a warning of the presence of dangerous gases in the pack. Advanced sensors can bridge this gap, providing earlier and more reliable warnings.
Conventional methods of detecting thermal runaway focus on current, voltage, and temperature sensing and provide no warning when the vehicle is parked. In contrast, advanced sensors can provide additional avenues for runaway detection and allow for monitoring of cell venting.
Despite the benefits, without further regulations, most automotive developers are likely to continue using only conventional sensors due to cost considerations. However, IDTechEx predicts that over the next ten years, the market will have expanded significantly, and advanced battery pack sensors will see widespread adoption across the automotive and energy storage industries.
For more information, the report "Advanced Battery Pack Sensors and Remote Monitoring 2026-2036: Technologies, Markets and Forecasts" is available for further reading at www.IDTechEx.com/ABP. The report offers insights into the future of battery safety and the role of advanced sensors in shaping this future.
- The forecast for the advanced battery pack sensors market is set to reach over $200 million by 2036, driven by the increasing adoption of these sensors and the need for improved battery safety.
- Gas sensors, making up over 73% of the market share, are expected to dominate, playing a crucial role in detecting early signs of battery failure and fire risks, especially in electric vehicles (EVs) and energy storage systems.
- The report emphasizes that the expansion of this market over the next decade will be fueled by regulatory demands and the need for enhanced battery safety, leading to widespread adoption of these advanced sensors in both the automotive and energy storage sectors.
- IDTechEx predicts that, despite cost considerations, the market will see a significant growth over the next ten years, with advanced battery pack sensors becoming increasingly prevalent across the automotive and energy storage industries, improving the safety of these systems and shaping the future of battery technology.
