Automotive Lithium Ion Battery Pack Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
This report provides in depth study of "Automotive Lithium Ion Battery Pack Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Automotive Lithium Ion Battery Pack Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
To remain 'ahead' of your competitors, request for a Sample@ https://www.persistencemarketresearch.com/samples/20797
Factors Fuelling Global Market Growth
Growth of the global automotive lithium ion battery pack market is mainly bound to various macro-economic and micro-economic factors. As the need for rechargeable batteries with the high energy density continue to increase, demand for the lithium ion batteries is projected to remain high. Adoption of the lithium ion batteries is mainly bound to increasing production of the digital cameras, smartphones, tablets/PC and power tools. With the increasing registration of vehicles, sales of the automotive lithium ion battery packs is projected to increase significantly in the automobile industry.
Governing authorities in several countries are encouraging the automotive manufacturers to opt for environment-friendly options. Government in several countries are further promoting the adoption of various plug-in hybrid and hybrid vehicles in the global market. In order to lower the level of pollution, the automotive manufacturers are increasingly focusing on utilization of the sustainable energy. Adoption of plug-in hybrid and hybrid vehicles for public transportation purposes is further expected to contribute towards the global market growth significantly.
Sales of the lithium ion batteries will also continue to remain high attributed to increasing demand for smartphones with enhanced battery capacity. Speedy draining of the battery life will continue to become a major concern among the manufacturers of smartphone. In order to offer enhanced battery life and capacity, manufacturers are significantly opting for lithium ion batteries during the production of various smartphones. On the other hand, the level of performance of the lithium ion batteries can also degrade and decay the battery in hot temperature conditions. This factors could pose a major challenge towards the global market growth of automotive lithium ion battery packs over the forecast period.
For critical insights on this market, request for customization here @ https://www.persistencemarketresearch.com/request-customization/20797
Sales to Remain High for the Hybrid Electric Vehicles
Increasing adoption of hybrid vehicles as a public transport is projected to fuel demand for a battery capacity of less than 20 kwh. In terms of revenues, the less than 20 kwh battery capacity segment is projected to witness the highest growth, recording for more than US$ 5,100 Mn by 2026-end. On the other hand, the more than 41 battery capacity segment is projected to reflect a significant CAGR over the forecast period.
By 2017-end, the hybrid electric vehicle (HEV) vehicle segment is projected to represent a significant revenue growth, accounting for more than US$ 2,000 Mn. In contrary, the full battery electric vehicle (BEV) vehicle segment is projected to reflect a robust CAGR throughout the forecast period.
Based on vehicle type, the others vehicle type segment is projected to reflect a healthy CAGR over the forecast period. However, the passenger vehicle type segment is projected to generate significant revnues, recording for more than US$ 8,100 Mn by 2026-end.
Major players in the global market of automotive lithium ion batteries pack are Panasonic Corporation, Automotive Energy Supply Corporation, GS Yuasa Corporation, BYD Company Limited, Samsung SDI Co., Ltd., LG Chem Ltd., Hitachi Chemical Company, Ltd., Tesla Motors, Inc., Johnson Controls International Plc., Narada Power Source Co. Ltd., Tianneng Power International Co., Ltd., Johnson Controls International Plc., Furukawa Electric Co., Ltd., Crown Battery Corporation, Wanxiang Group Corporation, EnerSys, Hoppecke Batterien GmbH & Co. KG., Leoch International Technology Ltd., East Penn Manufacturing Co., Toshiba Corporation and Coslight Technology International Group Co., Ltd.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/20797
Automotive 48V System Market
Global automotive 48V system market had reached at US$ 2.3 Bn in 2020, and is expected to attain US$ 20 Bn by 2026, clocking a CAGR of 23% during forecast period of 2021-26.
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - email@example.com
Website - https://www.persistencemarketresearch.com
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Lithium Ion Battery Pack Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast here
News-ID: 2636765 • Views: 177
More Releases from Persistence Market Research
Transglutaminase Market Projection By Top Key Players, Demand, Segment, Regional …
As per the latest study by Persistence Market Research, the transglutaminase market is set to witness growth at a value CAGR of 7.4% over the forecast period of 2021 to 2031, thereby increasing 2X in valuation. Growing market for gluten-free foods represents an important target group of consumers - people who are interested in products that adhere to clean-label standards. However, manufacturing gluten-free baked goods according to the clean label concept
The Modular Metering Market To Get On To The Organic Development Mode Between 20 …
Modular Metering Market: Introduction Modular Metering is a main service module utilized in combination with a meter stack in order to make a personalized line up of metering. The main service module can be the main lug, the main circuit breaker, the main fusible switch or the pressure switch that is bound. The meter stack is offered with various meter sockets as well as bus ratings. It comprises of design line
The Centralized Control Cabinet Market To Adopt Technological Advancements From …
Introduction A centralized control cabinet in which the controls have been removed from their respective appliance structures and consolidated into a central electronic control for comfort. The centralized control cabinet placed in suitable environment for commonly specified electronic components. The centralized control cabinet uses current-carrier transmission technology to allow communication between the console and each appliance structure through the same household wires that provide electric power. The centralized control cabinet is
4G LTE Devices Market is projected to register an astronomical CAGR of 16.7% dur …
In terms of value, the global 4G (LTE) devices market is projected to register an astronomical CAGR of 16.7% during the forecast period of 2021 to 2031, owing to various factors, regarding which, Persistence Market Research offers vital insights in detail. The industry is anticipated to top a valuation of approximately US$ 185 Bn by the end of 2031. Request for Free Sample Report of "4G LTE Devices" Market@ https://www.persistencemarketresearch.com/samples/10466
More Releases for Automotive
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,
Global Automotive Windshield Market
“Global Automotive Windshield Industry 2021 Market Research Report” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Windshields, also known as windscreens, are curved glasses placed in the front of a vehicle to protect the occupant from the wind and road debris such as mud and dust. It also enhances the aerodynamics of the vehicle. Technavio’s analysts forecast the global automotive windshield market to grow at a CAGR of 4.64% during the period
Automotive Market Outlook 2016
This document is a series of scorecards for major Automotive markets which review historic (2011-2015), short term (2016-2020) and medium/long term (2021-2030) performance of light vehicle sales in the markets covered by the Automotive system. A ranking from 1 to 10 is assigned to each macro and micro driver that impact demand, which is multiplied by a score ranging from +5 (positive) to -5 (negative) for the three time periods,
Tweaked Automotive ‘Spectre Edition’
Tweaked Automotive announces its most recent special edition release, the Spectre Edition Land Rover Defender. The idea of executing a special Land Rover Defender build was circulating around the Tweaked Automotive design department for some time. The fact Land Rover ceased production of these much loved four wheel drives that have been around since 1948 prompted Tweaked Automotive to get stated as a matter of urgency. Hand in hand the 007TM