The reason for the update is that the
electric vehicle boom is set to resume. The global xEV (electric vehicles of
all types) market penetration has been disappointing in the past several years
as early editions of EV and PHEV (plug-in hybrid electric vehicles) models have
underachieved market expectations. To date, xEV sales represent only 0.2% of
global passenger car sales. This slow adoption is attributed to such factors as
high battery costs, limited EV range, nascent charging infrastructure and the
lack of consumer awareness for EVs.
However, battery makers, OEMs and
governments around the world are striving to make EVs a commercially viable
product that can compete with ICE (internal combustion engine) vehicles in
terms of cost and performance. With next generation batteries (cheaper and
higher density) to be introduced over the next few years, the xEV market is at
the cusp of taking off in earnest. By 2017, 102 new EV models and 49 PHEV new
models will be launched globally. As for EVs, new models from Chinese, Japanese
and German carmakers will account for 74% of total new offerings.
The takeoff of the xEV market will
rapidly increase demand for rechargeable, lithium ion batteries. The Lithium
Ion Battery market is already large and growing rapidly. Most of the growth in
Lithium Ion Battery production during the next five years will be in xEV
applications and ESS (Energy Storage System). No growth is expected in consumer
applications.
This report focuses on the markets for
Lithium Ion Batteries beyond consumer applications, in particular, xEVs and
ESS. Topics covered in the report include electric and hybrid vehicles, lithium
ion battery markets and technologies, and energy storage system technologies
and markets. The report also contains detailed analysis of the major Lithium
Ion Battery market players in terms of their product offerings, markets served,
strategies, shares, technologies, competitors and financial performance.
Spanning
over 307 pages “Lithium Ion Rechargeable
Batteries - Beyond Customer and to Electric Vehicles and Electric Storage
Systems - Global Markets, Technologies, Competitors and Opportunities 2014-2019
Analysis and Forecasts” report Covering the Executive Summary,
Introduction, Rechargeable Lithium Ion Batteries Market, Electrical Energy
Storage Market, Company Profiles.
Know more about this
report at
– http://mrr.cm/Zt3
Find all Energy
and Utilities Reports at: http://www.marketresearchreports.com/energy-utilities
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