Lewes, DE -- (SBWire) -- 04/14/2015 --Report forecast the Li-ion Battery market for AEVs in Japan to grow at a CAGR of 11.2 percent over the period 2014-2019.
A li-ion battery is used as a power source in AEVs. In HEVs, it is used as an alternative source of power, and in BEVs and PHEVs, it is used as primary sources of power. BEVs and PHEVs use an electric motor for the engine propulsion, which is powered by a li-ion battery. The application of li-ion battery is high in BEVs and PHEVs, because of its high energy density and long life span compared to other available rechargeable batteries. HEVs use both IC engine and electric motor for propulsion. The use of two fuel systems makes HEVs expensive, efficient, and preferred choice among end-users. In addition, the use of battery-operated vehicles helps to reduce carbon emissions and dependence on other fossil fuels. The battery used in AEVs is automatically charged during the transportation through regenerative braking mechanism and is completely refilled or recharge through various range of voltages from 110 volts to 440 volts power supply of residential or commercial charging socket.
The report covers the present scenario and the growth prospects of the Li-ion Battery market for AEVs in Japan for the period 2015-2019. The Li-ion Battery market for AEVs in Japan is segmented on the basis of the following: vehicle type (HEVs, PHEVs and BEVs) and demand (new demand and replacement demand).
According to the report, growing global pollution levels and decreasing fossil fuel reserves have prompted the government to shift its focus to the use of electric vehicles. The increasing global carbon emissions have made the threat of global warming more pronounced, which has forced countries worldwide to initiate suitable measures to curb carbon and GHG emissions.
Further, the report states that the long charging time of Li-ion batteries is hindering the Li-ion Battery market for AEVs in Japan considerably. EVs and PHEVs must be recharged every day depending on the distance traveled by the car. Therefore, battery efficiency determines the success of EVs and PHEVs. The long charging time is considerably hampering the growth of EVs, thereby affecting battery sales across the country.
The Li-ion Battery Market for AEVs in Japan 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 Japan: AESC (Automotive Energy Supply Corporation), Blue Energy, Hitachi, LG Chem Ltd., Panasonic Corp. and Toshiba Corp.
Other Prominent Vendors in the market are: Primearth EV Energy 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 129 pages, "Li-ion Battery Market for AEVs in Japan 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, Li-ion Battery Market for AEVs in Japan, Market Landscape, Market Segmentation by Demand Type, Market Segmentation by Vehicle Type, 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.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/li-ion-battery-market-aevs-japan-2015-2019
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