Press release
Automotive Lithium Ion Battery Pack Market : Value Chain, Stakeholder Analysis and Trends by 2026
Automotive Lithium Ion Battery Pack Market
Get a Sample Copy of Report @ 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.
Ask for Customization @ 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.
Market Players
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.
Buy Report Now @ https://www.persistencemarketresearch.com/checkout/20797
Key Segments
Region
North America
Latin America
Europe
Japan
APEJ
MEA
Battery Capacity
Less than 20 KWH
21-40
more than 41
Vehicle Technology
Hybrid Electric Vehicle (HEV)
Plug-in-Hybrid Vehicles (PHEV)
Full Battery Electric Vehicle (BEV)
Vehicle Type
Passenger Car
LCV
HCV
Others
Persistence market research
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 - sales@persistencemarketresearch.com
About us: -
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
This release was published on openPR.
Permanent link to this press release:
Copy
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 : Value Chain, Stakeholder Analysis and Trends by 2026 here
News-ID: 2882283 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for Battery
America SLI Battery Market Segment, Trends and Forecast to 2026 | XS Power Batte …
Global Market Insights has launched a report on America SLI Battery Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere.
Global Market Insights, Inc. forecasts the America SLI Battery Market…
Golf Cart Battery Market | Axion Power, Samsung SDI, Dyno Battery, Smart Battery
Global Golf Cart Battery Market: Overview
The global market for golf cart batteries is expected to expand at a promising pace in the next few years, with the rising uptake of golf carts as practical transportation modes for elderly in places such as airports, crowded stations, and tourist locations globally expected to act as a key growth factor. The increased usage of golf carts other nonconventional application areas is also expected…
Global Power Energy Storage Battery Market 2019 - Lithium Ion Battery,All-vanadi …
Power Energy Storage Battery Market
The Global Power Energy Storage Battery Market 2019 Research Report incorporates a total and careful investigation of Power Energy Storage Battery industry covering diverse perspectives like market volume, piece of the overall industry, advertise techniques, Power Energy Storage Battery development patterns, assortment of uses, use volume, request and supply examination, creation limit and Power Energy Storage Battery industry cost structures amid Forecast period from…
Space Battery Market analysis report- with Leading players, Types Nickel-based B …
Space Battery Market
The Space Battery Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The Space Battery Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this…
Global EV Battery Recycling Market : Nickel–Cadmium Battery, Nickel–Metal Hy …
The EV Battery Recycling Market Research Report consists of all the essential information in regards to the global market. This report presents an in-depth analysis of various industry factors, such as the market trends, dynamics, production, estimates, industry development drivers, size, share, investigation, supply, forecast trends, sales, industry demand, as well as several other factors.
The Global EV Battery Recycling Market report has been generated leveraging a target amalgamation…
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017
A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery…
