DUBLIN--(BUSINESS WIRE)--The "Global Electric Vehicles Battery Market: Focus on Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle, Lithium-ion Battery, and Passenger Car Application - Analysis & Forecast 2017-2026" report has been added to ResearchAndMarkets.com's offering.
The market in terms of value is estimated to witness growth at a CAGR of approximately 20% over the forecast period of 2016 to 2026.
The report provides a detailed market analysis and forecast for EV batteries with respect to different propulsion types in the electric vehicles market which are Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV). Further classification has also been provided with respect to the type of vehicle, with the market divided into passenger vehicles and commercial vehicles. While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the performance of the market across the various geographical regions.
Increasing global concerns regarding the negative effect of climate change along with alarming pollution levels recorded in the major cities have created a significant demand for electric vehicles. A major factor behind the growth of electric vehicles is the support provided by the various governmental agencies to encourage the sale of these vehicles.
The market for electric vehicles depends heavily upon the development of its primary component, i.e. the EV battery. Owing to the high demand for electric vehicles, the market for EV batteries has developed significantly over the past decade, with manufacturers focusing their research on introducing cost-effective solutions to be used in automobiles. The introduction and subsequent development of the revolutionary Lithium-ion battery technology has allowed the battery manufacturers to introduce batteries which meet the high performance parameters required to run a vehicle.
The development of well-established road infrastructure network has further aided the market growth for these vehicles, with charging points available more frequently on the civilian roads. The report includes a number of segments and chapters which provide an in-depth analysis of the various technological, environmental and cost impacts that are expected to affect the market for EV batteries during the forecast period. The market has also been segmented into type of propulsion offered, types of vehicle, and by the different geographical regions.
The report examines the role of the leading market players involved in the industry. The Company Profiles section includes highlights of significant information about the key companies involved, along with their financial positions, key strategies & developmental activities of recent years (2014-2017).
Life Cycle of Electric Vehicle Battery
Factors Influencing Adoption- Drivers and Challenges
- Growing Demand for Electric Vehicles
- Decrease in the Cost of Electric Vehicle Battery Systems
- Increasing Global Awareness Regarding Climate Change
- Depleting Lithium Resources
- Complexities in the Manufacturing Process
Impact of EV Battery Technology
Key Topics Covered:
1 Research Scope & Methodology
2 Insights from Industry Expert Interviews
3 Overview of EV Ecosystem
4 The Current EV Battery Story
5 Market Dynamics
6 Advancements in EV Battery Technology
7 Cost Scenario Analysis
8 EV Battery Market: The Start-Up Story
9 Competitive Insights
10 Global EV Battery Market Analysis and Forecast
11 Global EV Battery Market, by Vehicle Type
12 Innovation Ecosystem of EV Battery Market, by Region
13 Company Profiles
- Automotive Energy Supply Corporation (AESC)
- BYD Company Ltd.
- GS Yuasa International Ltd.
- General Motors Company
- Johnson Controls International PLC
- LG Chem Ltd.
- Panasonic Corporation
- Primearth EV Energy Co., Ltd.
- Samsung SDI
- Tesla Inc.
- Volkswagen Group
For more information about this report visit https://www.researchandmarkets.com/research/4nw6ws/global_electric?w=4