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Dallas–Fort Worth, TX Press Releases
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(Dallas.CityRegions.Com, May 13, 2015 ) 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.
The analysts forecast 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 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.
The report, 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.
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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
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Key market driver Increased conversion efficiency of li-ion-fueled HEVs
Key market challenge Long charging time
Key market trend Availability of different types of li-ion batteries
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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