Li-Ion Battery Market for AEVs in Europe to Grow at a CAGR of 29.2 Percent over the Period 2015-2019

Albany, NY -- (SBWire) -- 05/14/2015 --About Li-ion battery for AEVs

Li-ion batteries are extensively used as a source of power in AEVs. In HEVs, they are used as an alternative source of power. They are used as a primary source of power in BEVs and PHEVs. The application base of Li-ion batteries is higher in BEVs and PHEVs because of their high energy density and long lifespan compared to other rechargeable batteries available in the market. HEVs use an IC engine and an electric motor for propulsion. Use of two sources of power makes HEVs efficient, but expensive. Despite its high cost, they remain a preferred choice among end-users. Moreover, use of battery-operated vehicles helps reduce carbon emissions and lowers dependence on other fossil fuels. The battery used in HEVs is automatically charged through a regenerative braking mechanism during transportation. The batteries used for PHEVs and BEVs are charged at charging stations. They can be charged using a 110 to 440 V residential or commercial charging socket.

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Technavio's analysts forecast the Li-ion battery market for AEVs in Europe to grow at a CAGR of 29.2 percent over the period 2014-2019.

Covered in this report

The report covers the present scenario and the growth prospects of the Li-ion battery market for AEVs in Europe for the period 2015-2019. The Li-ion battery market for AEVs in Europe has been segmented on the basis of: vehicle type (HEVs, PHEVs, and BEVs) and demand type (new demand and replacement demand).

Technavio's report, Li-ion Battery Market for AEVs in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Li-ion battery market landscape for AEVs in Europe and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Amperex Technology
Blue Energy
Deutsche ACCUmotive
Johnson Controls
Johnson Matthey
LG Chem
Panasonic
Primearth EV Energy
SAFT
Toshiba

Other prominent vendors

A123 Systems
AESC
BatScap
BYD
Hitachi
Samsung SDI
Shenzhen BAK battery
Sony

Market driver

Rise in number of passenger vehicles and emission target for CO2
For a full, detailed list, view our report

Market challenge

Longer charging time
For a full, detailed list, view our report

Market trend

Increasing 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?

Table of Content

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report
03.1 Market Overview

04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology

05. Key Takeaways
05.1 Europe to Witness a Tremendous Growth in Li-ion Battery Sales for AEVs
05.2 Li-ion Battery Cost to Reduce Drastically by 2020

06. Introduction to Li-ion Batteries
06.1 Advantages and Disadvantages of Li-ion Batteries
06.2 Types of Li-ion Battery
06.2.1 Lithium Cobalt Oxide Battery
06.2.2 LiFePO4 Battery
06.2.3 Lithium Manganese Oxide Battery
06.2.4 Lithium Nickel Manganese Cobalt Oxide Battery
06.2.5 Lithium Nickel Cobalt Aluminum Oxide Battery
06.2.6 Lithium Titanate Battery
06.3 Li-ion Battery Applications

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