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Li-Ion Battery Market for AEVs in the US to Grow at a CAGR of 21.46% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Li-ion Battery Market for AEVs in the US 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 04/28/2015 -- Report forecast the Li-ion Battery market for AEVs in the US to grow at a CAGR of 21.46 percent over the period 2014-2019.

Li-ion battery is used as a power source in AEVs. In HEVs it is used as an alternate source of power while in BEVs and PHEVs it is used as a primary source of power. BEVs and PHEVs use electric motors for propulsion, which is powered by Li-ion batteries. The application of Li-ion battery is higher in BEVs and PHEVs because of its high energy density and longer life span compared to other rechargeable batteries available in the market. HEVs use both IC engines and electric motors for propulsion. The use of the double fuel system makes HEVs expensive, efficient, and the preferred choice among end-users. The use of battery-operated vehicles helps to reduce carbon emissions and the dependence on other fossil fuels. The battery used in HEVs is automatically charged during transportation, through a regenerative braking mechanism. The batteries used for PHEVs and BEVs are charged through charging stations. The voltages required for charging is typically ranging between 110 to 440 V for residential or commercial charging socket.

The report covers the present scenario and the growth prospects of the Li-ion Battery market for AEVs for the period 2015-2019. The Li-ion Battery market for AEVs in the US has been segmented on the basis of: Vehicle Type (HEVs, PHEVs and BEVs) and Demand Type (New Demand and Replacement Demand).

According to the report, increased conversion efficiency of Li-ion fueled PHEVs/EVs as compared to other vehicles is one of the key factors driving this market. Increased pollution and depleting fossil reserves have influenced the US government to promote the usage of electric cars.

Further, the report states that one of the major challenges that the market faces is the longer charging time of Li-ion batteries used in vehicles. EVs and PHEVs must be recharged every day, depending on the distance the car travels. For user convenience, AEV manufacturers must look for an advanced technology that can shorten the time required to recharge batteries.

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

Key players in the Li-ion Battery Market for AEVs in the US: Automotive Energy Supply Corp. (AESC), Blue Energy Co. Ltd., Hitachi Ltd., LG Chem Ltd., Panasonic Corp. and Toshiba Corp.

Other Prominent Vendors in the market are: A123 Systems, Deutsche ACCUmotive, Johnson Controls, Samsung SDI, China BAK battery and Sony.

Key Market Driver
- Government Support
- For a full, detailed list, view our report

Key Market Challenge
- Longer Duration of 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?

Spanning over 166 pages, "Li-ion Battery Market for AEVs in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Market at a Glance, Key Takeaways, Introduction to Li-ion Batteries, AEV Outlook in US, Introduction: Li-ion Battery Market for AEVs in US, Market Segmentation by Type of Demand, Market Segmentation by Type of Vehicle, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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