Electric vehicles offer an imperative solution for the reduction of emissions and fuel displacement within the current infrastructure. The connected energy management system in electric vehicles is a central energy management system that controls the energy flow for each system installed in the vehicle. It calculates the required energy for different systems, and then displays the required energy on the dashboard.
Growing concerns about environment safety and surging pollution levels coupled with rising prices of the fossil fuels, and extended government support to replace vehicles installed with internal combustion engines with electric motor vehicles is likely to propel the market growth substantially in the coming two to four years. Failure to deliver the performance, as delivered by the individual energy management systems is likely to inhibit the connected energy management systems market growth. Inability to charge electric vehicle is expected to affect electric vehicle market, which in turn is likely to affect the connected energy management systems market. The connected energy management system for electric vehicles is under development phase; hence the efficiency to distribute energy may be lower than the type of management systems used earlier.
The classification of the connected energy management system can be done on the basis of the allocation of the system, technology used in the system, type of display used for the system, types of vehicle, and region.
On the basis of allocation of the energy management system the connected energy management system for electric vehicles can be classified as centralized connected management system and decentralized connected energy management system. The centralized connected management system comprises a single management circuit board, which simultaneously controls all the components. While, the decentralized energy management system contains individual management systems to control each system, and further all the management systems are controlled by the single management system.
Based on technology the connected energy management system in electric vehicles market can be segregated into intelligent energy management system and a normal energy management system. The intelligent energy management system contains intelligent preinstalled features such as required energy evaluation for the ride, connection with GPS (Global Positioning System), which identifies the traffic conditions on the way and informs the driver about the required energy. The normal energy management system does not contain intelligent features, and it simply manages the energy supply and fulfills the requirement of each component installed.
In terms of type of display, the connected energy management system for electric vehicles market can also be segmented into analog and digital display. The analog system is utilized in order to reduce the cost of the vehicle. The analog system also does not reflect the measurements accurately. The digital display shows all the parameters in exact figures, and it is more expensive than the analog display.
Based on the type of vehicle, the connected energy management system for electric vehicles market can also be segmented into passenger vehicles and commercial vehicles. The Passenger vehicles segment can be further sub-segmented into hatchbacks, sedans, and multi utility vehicles. The commercial vehicles segment can be further split into light commercial vehicles and heavy commercial vehicles.
In terms of region, the connected energy management system for electric vehicles market can be segmented into Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. Norway in Europe has the largest plug-in vehicle per capita in the world. China is an emerging market for electric vehicles, as the government of China is offering monetary benefits to buy electric vehicles. China accounted for the major market share in the recent past days followed by the United Kingdom and France. Hence the market for the electric vehicles is likely to grow at significantly in these regions.
Key manufacturers operating in the integrated starter generator market for the HEVs are Delphi Automotive LLP, Denso Corporation, Robert Bosch GmbH, Hitachi Ltd., AISIN SEIKI, Co., Ltd., BorgWarner Inc., Johnson Controls, Mitsubishi Electric Corporation, and Eaton.
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