BMS Market Expected to Grow from $4.7 Billion in 2023 to $11.7 Billion in 2028
BMS must be improved to ensure durability and safety of electric vehicle batteries

The Korea Future Technology Education Research Institute is conducting an introductory course on BMS, which acts as the brain of electric vehicles and is a key device that can prevent battery failure and ensure stability and efficiency.

The Korea Future Technology Education Research Institute announced on the 29th that it will hold an introductory course on electric vehicle batteries and BMS both online and offline starting July 5th at the Sapphire Hall of the Federation of Korean Industries building in Yeouido, Seoul.

This training will be conducted in three stages: Step 1: Basic understanding of internal combustion engine vehicles vs. electric vehicles, Step 2: Understanding and application cases of battery management systems (BMS), and Step 3: Future important areas of interest in electric vehicle BMS.

BMS is an abbreviation for Battery Management System, and is a technology that plays a key role in high-capacity battery systems such as electric vehicles, hybrid vehicles, and electric grid systems.

These BMSs provide optimal battery performance and safety, such as increased energy efficiency and extended lifespan, by optimally managing battery cells through functions such as cell balancing, overcharge and over-discharge prevention, explosion risk detection and verification, charge control, and temperature management.

Internal combustion engine In the upcoming electric vehicle market, which is heralding the end of an era, the advancement of BMS is an essential element to ensure the durability and safety of batteries, which are directly related to user safety and satisfaction.

This introductory BMS course will be hosted by Professor Jong-Hoon Kim of Chungnam National University, the first BMS PhD in Korea who is leading the development of related technologies through leading research on ESS and electric vehicle battery packs. There will be a wide-ranging discussion on advanced BMS with various functions.

RAM (Research And Market), a market research firm, forecasts that the global BMS market size will grow from $4.7 billion in 2023 to $11.7 billion in 2028.

On July 5th, the first of the BMS introductory training courses, the topic of 'Basic Understanding of Internal Combustion Engine Vehicles VS Electric Vehicles' will be covered, including: △Comparison of Internal Combustion Engine Vehicles and Electric Vehicles and INTRO to Electrical Systems, △Introduction to Lithium-ion Batteries (Electrochemical & Electrical Approaches), and △Introduction to Electrified Vehicle Battery Packs (Mechanical & Electrical Approaches).

The second course will be held on August 23rd and will be held in the following order: △ Introduction to and necessity of high-voltage battery management system (BMS) △ High-voltage battery system BMS H/W basics △ High-voltage battery system BMS S/W basics △ BMS optimization application cases (demo) in the field of 'Understanding and application cases of battery management system (BMS)'.

The final course, which will be held with a demonstration, will be held on August 30th and will be conducted in the following order: △Future Important Interest Areas of BMS for Electrified Vehicles △BMS Advanced Application Cases (Demo) etc.

A researcher said, "The BMS with AI and machine learning technology applied can more accurately measure the battery's condition.“Technology is advancing to the point where we can monitor and perform cell balancing more efficiently,” he said. “I hope that this training will serve as the cornerstone for fostering specialized personnel in a market where the demand for BMS experts is growing.”