Energy and Power

Global Li-ion Battery Market for HEVs 2015-2019

  • TEC222189
  • 154 Pages
  • May 2015
  • Energy and Power
About li-ion battery for HEVs
HEVs use duel source of energy for propulsion, one is gasoline (ICE) and the other is battery power source; li-ion battery is used as an alternative power source in HEVs. The combination of the dual mode of power sources helps achieve better fuel economy and performance and makes HEVs expensive, efficient, and preferred choice among end-users. HEVs use both IC engine and electric motor for propulsion. The use of battery-operated vehicles helps reduce carbon emissions and dependence on other fossil fuels. The battery used in HEVs is automatically charged during transportation through a regenerative braking mechanism. Many leading HEVs manufacturers such as Toyota, Honda, Nissan, and Mitsubishi are introducing advanced HEVs.

Technavio's analysts forecast the global li-ion battery market for HEVs to grow at a CAGR of 15.08% 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 HEVs for the period 2015-2019. In terms of demand type, the market is segmented into two: new demand and replacement demand.
Technavio's report, the Global Li-ion Battery Market for HEVs 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
A123 Systems
AESC
Blue Energy
Hitachi
Johnson Controls
LG Chem
Panasonic
Toshiba

Other Prominent Vendors
Deutsche ACCUmotive
Samsung SDI
Sony
Shenzhen BAK battery

Key Market Driver
Increased conversion efficiency of li-ion-fueled HEVs
For a full, detailed list, view our report

Key Market Challenge
Long charging time
For a full, detailed list, view our report

Key market trend
Availability of different types of li-ion batteries
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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