High Voltage Battery Market 2019-2026, Increasing Demand with Leading key players: Johnson Controls, Tesla, Bosch Limited, Samsung SDI, GS Yuasa, Panasonic USA, Contemporary Amperex Technology Co. Limited, A123 Systems LLC

The global high voltage battery market size is poised to expand robustly on account of the increasing preference for electric mobility across the globe. Persistently high vehicular pollution levels have aggravated the effects of global warming and have made the global climate more erratic. This has not only harmed the environment but it is also detrimental to human health. With a view to counter these adverse effects, the UN came out with its Sustainable Development Goals (SDGs) in 2015 and electric vehicles are expected to play a crucial role in achieving these goals. This has led to a surge in the production and sales of electric cars. According to the International Energy Agency (IEA), in 2018, the number electric cars produced worldwide went beyond 5.1 million, with China leading the market. The IEA also projects electric car sales to reach 23 million by 2030. Furthermore, countries such as Norway aim to get rid of all fossil fuel vehicles by 2024, according to the World Economic Forum. These developments and predictions will augur well for the high voltage battery market growth in the forecast period as they are integral for powering electric vehicles.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/high-voltage-battery-market-101217

Top Players Overview:
o Johnson Controls
o Tesla
o Bosch Limited
o Samsung SDI
o GS Yuasa
o Panasonic USA
o Contemporary Amperex Technology Co. Limited
o A123 Systems LLC

Fortune Business Insights, in its report, titled "High Voltage Battery Market Size, Share and Global Trend By Voltage (400-600V, >600V), By Battery Capacity (75-150kWh, 151-300kWh, Above 300kWh), By Battery Type (Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt Oxide, Lithium Nickel Cobalt Aluminium Oxide), By Driving Range (Up to 250 miles, 251-500 miles, Above 500 miles), By Vehicle Type (Passenger Car, Bus, Truck) and Geography Forecast till 2026", shares valuable information and provides a comprehensive analysis and assessment of the various factors, expected trends, future prospects, and other dynamics that will influence the market in the forecast period.

Request a Sample Copy of the Global Market Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/high-voltage-battery-market-101217

Availability of Large-Scale Innovation Opportunities to Stimulate Competition

Key players are undertaking different routes to establish and strengthen their presence in this market. Some of the most preferred strategies include entering into partnerships, expanding globally, and focusing on R&D activities to create new products for the market. A few important industry developments in this context include:

o July 2019: Tesla unveiled its new engineering marvel, Megapack, which is a novel battery pack designed for utility scale projects to reduce their emission. The product can also be easily installed and connected to solar panels, enhancing their efficiency.

o August 2019: Research organization, EIT RawMaterials, brought together leading industry players, universities, and other research entities to collaborate on its project to develop sustainable high voltage lithium-ion batteries called ECO COM'BAT.Heavy Utilization of Lithium-ion Batteries to Boost the Market

High voltage battery systems are being increasingly considered as key instruments to promoting green technologies and achieving sustainability. The advent and the eventual rise in the uptake of lithium-ion batteries since the 1990s has been a result of the plethora of advantages offered by these batteries. For example, lithium-ion batteries have high energy density and therefore have more efficient output. Compared to the conventional nickel-based batteries, lithium-ion ones have low self-discharge which makes them last for longer time periods. Most importantly, these batteries are low maintenance as they do not require periodic discharge, thus making them cost-effective. Thus, lithium-ion-based high voltage battery cells are expected to lead the high voltage battery market trends in the coming decade.

Government-Backed Promotion of E-Mobility to Propel the Market in North America

North America is anticipated to dominate the global high voltage battery market share owing to aggressive implementation of sustainability measures, economic stability, and increasing public and private investment in development of green technology solutions. Stringent regulation of emissions and fast development of micro-grid infrastructure will play a pivotal role for the market growth in Europe. Growing awareness about climate change, government sponsored projects for building smart cities, and infrastructure development using sustainable materials and methods will enable Asia-Pacific to register steady growth till 2026, as per the high voltage battery market forecast. Here, China will be a crucial factor as it is the largest market for electric vehicles in the world and the government is taking definitive steps to curb pollution in the country.

Ask for Customization https://www.fortunebusinessinsights.com/enquiry/customization/high-voltage-battery-market-101217

Major Table of Content For High Voltage Battery Market:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global High Voltage Battery Market Analysis, Insights and Forecast, 2026
6. North America High Voltage Battery Market Analysis, Insights and Forecast, 2026
7. Europe High Voltage Battery Market Analysis, Insights and Forecast, 2026
8. Asia Pacific High Voltage Battery Market Analysis, Insights and Forecast, 2026
9. The Middle East and Africa High Voltage Battery Market Analysis, Insights and Forecast, 2026
10. Latin America High Voltage Battery Market Analysis, Insights and Forecast, 2026
11. Competitive Landscape
12. Company Profile
13. Conclusion

Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

Website: Fortune Business Insights

Follow us on:
LinkedIn | Twitter | Blogs

This release was published on openPR.