Increased investment in charging infrastructure the Global Li Ion Battery Market For All Electric Vehicles to grow at a CAGR of 22.8% over 2015-2019

Li-ion batteries are extensively used as a power source in AEVs. They are used as an alternative source of power in HEVs, and as a primary source of power in BEVs and PHEVs. BEVs and PHEVs use electric motors, powered by Li-ion batteries, for propulsion. The application base of Li-ion batteries is higher in BEVs and PHEVs because of their high energy density and long lifespan. HEVs use IC engines as well as electric motors for propulsion, which makes them expensive but efficient. Despite their high cost, they remain a preferred choice among end-users. Moreover, battery-operated vehicles help reduce carbon emissions and lower dependence on fossil fuels. The batteries used in HEVs are automatically charged during transportation through a regenerative braking mechanism. The batteries used for PHEVs and BEVs are charged at charging stations. The voltages required for charging typically range between 110 and 440 Volts.

Technavio's analysts forecast the global Li-ion battery market for AEVs to grow at a CAGR of 22.8% over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the global Li-ion battery market for AEVs over the period 2015-2019. The report also discusses the key geographies (US, Japan, Europe, and China) in terms of demand and future growth pattern of the market.

Technavio's report, Global Li-ion Battery market for AEVs 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global Li-ion battery market landscape for AEVs and its growth prospects in the coming years.

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The report also includes a discussion of the key vendors operating in this market.
Key Vendors
A123 Systems
Automotive Energy Supply (AESC)
Blue Energy
BYD
Coslight
Hitachi
Johnson Matthey
LG Chem
Panasonic
SAFT
Sinopoly Battery
Tianjin Lishen Battery
Toshiba
Other Prominent Vendors

China BAK battery
Deutsche ACCUmotive
Johnson Controls
Samsung SDI
Sony

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Key Market Driver
Rise in number of Li-ion battery manufacturing bases in china
For a full, detailed list, view our report

Key Market Challenge
Growing power crisis in japan
For a full, detailed list, view our report

Key Market Trend
Increased investment in charging infrastructure
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.