Battery Technology Market to become a Breeding Ground for investors by 2025 : Hitachi Maxell Corp., Exide Corp., American Battery Charging Inc., Honda Inc., China Bak Battery
Rise in demand for electricity, the surge in demand for portable electronics, and rise in demand for electric, hybrid electric, and plug-in hybrid electric vehicles facilitate the growth of the global battery technology market. However, the EU Batteries Directive restricting the usage of few substances including lead, mercury, and cadmium along with the availability of alternatives such as fuel cells and diesel generators limit the market growth. On the other hand, ongoing research and development activities for different substances that can be used in batteries create new opportunities in the industry. These insights are helpful to determine strategies by emphasizing on these factors.
The report offers a detailed segmentation of the global battery technology market based on control technologies, application, battery type, power system, and region. The report further divides the control technologies into automotive battery control, traction marine and aviation battery control, portable product battery control, stationary battery control, and on-road electric vehicle battery control. The application segment is further bifurcated into battery chargers, battery conditioners, and smart battery systems.
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The study analyzes battery types including lead-acid battery, lithium-ion battery, lithium-metal battery, nickel cadmium battery, and nickel metal battery. Based on power systems, the research analyzes the market into fuel cell batteries, proton exchange membrane fuel cells, alkaline fuel cells, phosphoric acid fuel cells, solid oxide fuel cells, molten carbonate fuel cells, air cells, flywheel energy storage, and nuclear batteries. Based on the region, the market is analyzed for different regions including North America, Europe, Asia-Pacific, and LAMEA. These insights are valuable to determine segments to be emphasized on to gain major market share in the industry.
• This report provides market intelligence with respect to applications, battery types, power systems, and geographies so that companies can make precise decisions about their investment options
• Deep dive analysis of the drivers, restraints and opportunities of the market and their impact analysis of these factors in short and medium term
• Value chain analysis provides an understanding of the significance of the all stakeholders of the market
• Porter’s five force analysis provides the competitive scenario, threat of new entrants and substitutes along with the potency of suppliers and buyers
• SWOT analysis and recent developments of key players are included in the report so that companies can understand the strategies adopted by competitors and make changes to their plans for sustained growth
• Estimations are calculated according to the current market scenario and projected future trends for the analysis period of 2013-2020 with base revenue of 2012
• The report discusses the trends and opportunities in various geographies so that companies can make region-specific plans and gain a competitive edge
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Market players analyzed in the research include Hitachi Maxell Corp., American Battery Charging Inc., Exide Corp., China Bak Battery, Inc., Honda Inc., Fujitsu Ltd., Sony Corp., Google Inc., General Electric Co., and Honeywell Batteries. They have implemented different strategies including expansions, collaborations, partnerships, joint ventures, mergers & acquisitions, and others to sustain in the industry and gain an international presence. The big four Japanese tech companies including Yamaha, Honda, Suzuki, and Kawasaki have collaborated to develop a battery technology that would enable electric vehicles to cover more distance than before. They have been working on a swappable batteries concept, in which depleted battery can be replaced with a fully-charged battery. These companies would research on this concept and bring forth new technology and convenience.
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Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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