Albany, NY (PRWEB) June 17, 2013
Researchmoz presents this most up-to-date research on Global Automotive Lithium-ion Battery Market 2011-2015. The report focuses primarily on quantitative market metrics in order to characterize the growth and evolution of the Automotive Lithium-ion Battery Market.
Global Automotive Lithium-ion Battery market to reach US$9.6 billion by 2015. One of the key factors contributing to this market growth is the growing demand from electric vehicle manufacturers. The Global Automotive Lithium-ion Battery market has also been witnessing support from various governments across the world. However, confidence of consumers regarding lithium-ion batteries is cynical which poses the biggest challenge in the Global Automotive Lithium-ion Battery market.
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Global Automotive Lithium-ion Battery Market 2011-2015 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Asia, North America, and Europe regions; it also covers the Global Automotive Lithium-ion Battery 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 vendors dominating this market space include Build Your Dream Co. Ltd., SANYO Electric Co. Ltd., Samsung SDI Co. Ltd., and Sony Corp. Other vendors mentioned in the report are LG Chem, China BAK Battery Inc., Panasonic, by Hitachi Maxell, Amperex Technology, A123Systems, Valence Technology, Boston-Power, Advanced Battery Technologies, GS Yuasa, Lithion, and Yardney.
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Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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Global and China Automotive Lithium Battery Industry Report
The market size of automotive lithium battery approximated USD1.3 billion in 2011 and is expected to reach USD1.8 billion in 2012, USD2.8 billion in 2013 and USD4.4 billion in 2015. In 2011, the sales volume of HEVs and EVs got to around 900,000 units and 437,000 units respectively. However, EV serves as the largest consumer of automotive lithium battery. For instance, 78% of the demand for automotive lithium battery was from EVs in 2011. It is expected that EVs will be the largest market for automotive lithium battery from now until 2018. In the EV market, Nissan Leaf and Mitsubishi i-MiEV are the shining ones. AESC is the sole supplier of lithium battery for Leaf, as well as for Renault’s Fuluence and Kangoo. Now GS Yuasa’s LEJ acts as the sole supplier of lithium battery for i-MiEV and French PSA.
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