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Global Lithium Ion (Li-Ion) Battery Market In Transportation Sector 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Market hIghlights
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
For more information on the
Global Lithium Ion (Li-Ion) Battery Market In
Transportation Sector 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “The number of EVs used worldwide reflect the demand for Li-ion batteries. EVs play a vital role in countries seeking to decarbonize their transportation sector in the long run. Increased government support for EVs across different countries is also boosting market growth.”
• Li-ion batteries are mainly used in devices such as laptops, smart phones, notebooks, and tablets, owing to their high energy density and rechargeable properties. The new-age battery is also finding increasing use in EVs, especially in tandem with the growing popularity of BEVs and PHEVs.
• In terms of volume, the market accounted for 8.3 million units in 2014, which we expect to reach 33 million units by 2019, growing at a CAGR of 31.8%. In terms of revenue, the market was valued at $4.09 billion in 2014, and is likely to reach $10.76 billion by 2019, growing at a CAGR of 21.3%.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Lithium Ion (Li-Ion) Battery Market In Transportation Sector 2015-2019
USA – CANADA – UK – CHINA – INDIA
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global Lithium Ion (Li-Ion) Battery Market In Transportation Sector 2015-2019
AESE
Blue Energy
LG Chem
AESC is one of the major vendors of Li-ion batteries for EVs. It is the leading contributor in the Japanese market and the third leading contributor to the Li-ion battery market for EVs in the US.
Blue Energy is a JV of GS Yuasa and Honda, for manufacturing, sales, and R&D of Li-ion batteries for HEVs.
LG Chem is one of the prominent Li-ion battery manufacturers and one of the leading contributors in the Li-ion battery for EVs. It has a wide reach and a huge customer base worldwide. The company provides innovative battery solutions for various end-products such as smartphones, laptops, EVs, power banks, e-bikes, and wearable devices.
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Market Landscape• We expect the increasing use of PHEVs worldwide to drive market growth during the
forecast period.
• Several auto manufacturers have started focusing on PHEVs to avail tax-related benefits and other grants from their respective governments.
• The gradual decline in the price of Li-ion batteries YoY also encourages manufacturers to invest more in PHEVs.
• Besides, dependence on fossil fuel imports worldwide is impacting the global economy: The reason why countries are increasingly adopting clean technologies in the public transportation sector.
• Countries in APAC, North America, and Europe, including Japan, China, and the US, are using e-buses on a large scale. Major e-bus vendors have established their manufacturing bases in China.
• The US provides incentives for promoting e-buses to reduce emissions and fossil fuel imports.
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Market OutlookGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
• We expect the Li-ion battery market in APAC to grow rapidly during the forecast period.
• The growth can be attributed to an increase in the availability of e-buses through large manufacturing bases and the rise in demand for e-bikes.
• BEVs and PHEVs will contribute significantly to the market, especially in
countries such as Japan and China.
• The implementation of e-buses for public transport in China is driving the demand for hybrid-electric and full-electric buses.
• Major electric bus manufacturer BYD and other domestic automobile manufacturers in China ensure a consistent supply of e-buses in this region.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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