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Global Li-ion Battery Market for EVs 2015-2019

About li-ion battery for EVs

Li-ion battery is used as a power source in EVs for transportation. It is used as an alternative source of power in PHEVs and a primary source of power in BEVs. A Li-ion battery powers the electric motor used for propulsion in a BEV. A PHEV uses both an IC engine and an electric motor for propulsion. The use of double fuel system makes PHEVs expensive, efficient, and a preferred choice among end-users. The use of battery-operated vehicles helps to reduce carbon emissions and the dependence on fossil fuels. The battery used in EVs is automatically charged during the transportation through regenerative braking mechanism and is completely refilled or recharged by a voltage ranging from 110 to 440 volts. The application of li-ion battery is higher in BEVs and PHEVs, because of its high energy density and long life span compared to other available rechargeable batteries in the market.

Technavio's analysts forecast the global li-ion battery market for EVs to grow at a CAGR of 31.1% over the period 2014-2019.

Covered in this report

The report covers the present scenario and the growth prospects of the global li-ion battery market for EVs for the period 2015-2019. Based on vehicle type, the market is segmented into two: BEVs and PHEVs.

Technavio's report, the Global Li-ion Battery Market for EVs 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the global li-ion battery market for EVs landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors

  • A123
  • AESC
  • Blue Energy
  • Hitachi
  • LG Chem
  • Panasonic
  • Toshiba
  • Samsung SDI
Other prominent vendors
  • Deutsche ACCUmotive
  • Flux Power
  • Johnson Controls
  • Lithium Energy Japan
  • SK Innovation
  • Sony
  • Shenzhen BAK battery
Key market driver
  • Higher conversion efficiency of li-ion-fueled PHEVs/EVs
  • For a full, detailed list, view our report
Key market challenge
  • Long 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Li-ion Battery Market for EVs 2015-2019
Technavio recognizes the following companies as the key players in Global Li-ion Battery Market for EVs 2015-2019: A123, AESC, Blue Energy, Hitachi, LG Chem, Panasonic, Toshiba and Samsung SDI
Other Prominent Vendors in the market are: Deutsche ACCUmotive, Flux Power, Johnson Controls, Lithium Energy Japan, SK Innovation, Sony and Shenzhen BAK battery
Commenting on the report, an analyst from Technavio’s team said: “Various types of Li-ion batteries are available in the market depending on the application. End-users choose Li-ion batteries suitable for their own requirements. Lithium cobalt oxide batteries are ideal for cellphones, laptops, and cameras because of their high current densities. The mandatory control circuit prevents overcharging and ensures safe use of these batteries. Similarly, lithium manganese oxide batteries have high thermal stability and provide enhanced power output at low currents. They are ideal for power tools, e-bikes, EVs, and PHEVs. Lithium nickel cobalt aluminum oxide and lithium titanate batteries are used in electric power trains and grid storage systems. The availability of different types of Li-ion batteries is expected to boost market growth during the forecast period.”
According to the report, governments worldwide are promoting the use of EVs PHEVs/EVs as the growing number of passenger vehicles has resulted in increased pollution levels worldwide and depleting fossil reserves. In terms of energy output per weight, a battery produces only 1% energy compared to fossil fuels. However, the conversion efficiency of Li-ion batteries is much higher than that of gasoline-operated engines, which is expected to increase the market for Li-ion batteries in PHEVs and BEVs during the forecast period.
Further, the report states that the inconvenience caused to users because of long charging hours has made them reluctant to buy EVs.

Companies Mentioned

A123, AESC, Blue Energy, Hitachi, LG Chem, Panasonic, Toshiba, Samsung SDI, Deutsche ACCUmotive, Flux Power, Johnson Controls, Lithium Energy Japan, SK Innovation, Sony, Shenzhen BAK battery

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market overview
    • Product offerings
  • Market Research Methodology
    • Market research process
    • Research methodology
      • Table Market research methodology
  • Key Takeaways
    • Demand for Li-ion batteries to quadruple by 2020
      • Li-ion battery cost to reduce drastically by 2020
      • Falling crude oil prices will have less impact on AEV sales
  • Introduction to Li-ion Batteries
    • Advantages and disadvantages of Li-ion batteries
    • Types of Li-ion battery
      • Lithium cobalt oxide battery
      • LiFePO4 battery
      • Lithium manganese oxide battery
      • Lithium nickel manganese cobalt oxide battery
      • Lithium nickel cobalt aluminum oxide battery
      • Lithium titanate battery
    • Li-ion battery application
  • Global EV Outlook
    • EV outlook
      • US insight
      • Europe insight
      • China insight
      • Japan insight
  • Introduction: Global Li-ion Battery Market for EVs
    • Li-ion battery market size and forecast
    • Five forces analysis
  • Market Segmentation by Types of Vehicle
    • Global Li-ion battery market for EVs by vehicle type 2014-2019
    • Global Li-ion battery market for BEVs
      • Market size and forecast
    • Global Li-ion battery market for PHEVs
      • Market size and forecast
  • Market Segmentation by Geography
    • Li-ion battery market for EVs in US
      • Market size and forecast
    • Li-ion battery market for EVs in Europe
      • Market size and forecast
    • Li-ion battery market for EVs in China
    • Li-ion battery market for EVs in Japan
      • Market size and forecast
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
    • Table Charging time for different EVs
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive scenario
    • Vendor analysis
      • A123 Systems
    • AESC
      • Application
      • Product portfolio
    • Hitachi
      • Table List of Li-ion Battery-operated Hitachi Vehicles in US 2014
    • LG Chem
      • Various products by flagship battery solution
      • Automotive Li-ion battery
        • Table EV battery types and applications
    • Panasonic
    • Toshiba
    • Samsung SDI
    • Other prominent vendors
      • Blue Energy
      • China BAK Battery
      • Deutsche ACCUmotive
      • Johnson Controls
      • Sony
  • Key Vendor Profiles
    • A123 Systems
      • Key facts
      • Business overview
      • Product segmentation
        • Table A123 Systems: product segmentation
      • Applications of prismatic pouch
        • Table A123 Systems: applications of prismatic pouch
      • Benefits of prismatic pouch
        • Table A123 Systems: benefits of prismatic pouch
      • Specifications of prismatic pouch
        • Table A123 Systems: specifications of prismatic pouch
      • Applications of cylindrical pouch
        • Table A123 Systems: applications of cylindrical pouch
      • Benefits of cylindrical pouch
        • Table A123 Systems: benefits of cylindrical pouch
      • Specifications of cylindrical pouch
        • Table A123 Systems: specifications of cylindrical pouch
      • Applications of modules
        • Table A123 Systems: applications of modules
      • Features of modules
        • Table A123 Systems: features of modules
      • Applications of systems
        • Table A123 Systems: applications of systems
      • Geographical presence
        • Table A123 Systems: geographical presence
      • Recent developments
      • SWOT analysis
    • AESC
      • Key facts
      • Business overview
      • General specifications of Li-ion cells
        • Table AESC: general specifications of Li-ion cells
      • General specifications of modules
        • Table AESC: general specifications of modules
      • General specifications of packs
        • Table AESC: general specifications of packs
      • Key products
        • Table AESC: key products
      • Geographical presence
        • Table AESC: geographical presence
      • Recent developments
      • SWOT analysis
    • Hitachi
      • Key facts
      • Business overview
      • Hitachi: Li-ion batteries
        • Table Hitachi: Li-ion batteries
      • Business segmentation
        • Table Hitachi: business segmentation
      • Business segmentation by revenue 2014
        • Table Hitachi: business segmentation by revenue 2014
      • Business segmentation by revenue 2013 and 2014
        • Table Hitachi: business segmentation by revenue 2013 and 2014 ($ million)
      • Geographical segmentation by revenue 2014
        • Table Hitachi: geographical segmentation by revenue 2014
      • Business strategy
      • SWOT analysis
    • LG Chem
      • Key facts
      • Business overview
      • Key products of mobile battery
        • Table LG Chem: key products of mobile battery
      • Business segmentation
        • Table LG Chem: business segmentation 2013
      • Business segmentation by revenue 2012 and 2013
        • Table LG Chem: business segmentation by revenue 2012 and 2013 ($ billion)
      • Geographical segmentation by revenue 2013
        • Table LG Chem: geographical segmentation by revenue 2013
      • Business strategy
      • SWOT analysis
    • Panasonic
      • Key facts
      • Business description
      • Series of Li-ion batteries
        • Table Panasonic: series of Li-ion batteries
      • Applications of Li-ion batteries
        • Table Panasonic: applications of Li-ion batteries
      • Features of Li-ion batteries
        • Table Panasonic: features of Li-ion batteries
      • Business segmentation 2014
        • Table Panasonic: business segmentation 2014
        • Table Panasonic: geographical segmentation by revenue 2014
      • Business strategy
      • Key developments
      • SWOT analysis
    • Samsung SDI
      • Key facts
      • Business overview
      • Key products
        • Table Samsung SDI: key products
      • Business segmentation by revenue 2013
        • Table Samsung SDI: business segmentation by revenue 2013
      • Business segmentation by revenue 2012 and 2013
        • Table Samsung SDI: business segmentation by revenue 2012 and 2013 ($ million)
      • Geographical segmentation by revenue 2013
        • Table Samsung SDI: geographical segmentation by revenue 2013
      • Recent developments
      • SWOT analysis
    • Toshiba
      • Key facts
      • Business overview
      • Business segmentation by revenue 2014
        • Table Toshiba: business segmentation by revenue 2014
      • Business segmentation by revenue 2013 and 2014
        • Table Toshiba: business segmentation by revenue 2013 and 2014 ($ billion)
      • Geographical segmentation by revenue 2014
        • Table Toshiba: geographical segmentation by revenue 2014
      • Business strategy
      • Recent developments
      • SWOT analysis
  • Other Prominent Vendor Profiles
    • Blue Energy
      • Key facts
      • Business overview
        • Table Blue Energy: specifications of Li-ion battery EH4
      • Products and applications of Li-ion battery EH4
        • Table Blue Energy: products and applications of Li-ion battery EH4
      • Features of Li-ion battery EH4
        • Table Blue Energy: features of battery Li-ion EH4
      • Geographical presence
        • Table Blue Energy: geographical presence
      • Recent developments
      • SWOT analysis
    • China BAK Battery
      • Key facts
      • Business overview
      • Product segmentation by revenue 2013
        • Table China BAK Battery: product segmentation by revenue 2013
      • Product segmentation by revenue 2012 and 2013
        • Table China BAK Battery: product segmentation by revenue 2012 and 2013 ($ million)
      • Geographical segmentation by revenue 2013
        • Table China BAK Battery: geographical segmentation by revenue 2013
      • Recent developments
      • SWOT analysis
    • Deutsche ACCUmotive
      • Key facts
      • Business overview
      • Battery cells
        • Table Deutsche ACCUmotive: battery cells
      • Applications
        • Table Deutsche ACCUmotive: applications
      • Business strategy
      • SWOT analysis
    • Johnson Controls
      • Key facts
      • Business Overview
      • Products and solutions
        • Table Johnson Controls: products and solutions
      • Key products of lead-acid and Li-ion batteries
        • Table Johnson Controls: key products of lead-acid and Li-ion batteries
      • Battery brands
        • Table Johnson Controls: battery brands
      • Applications
        • Table Johnson Controls: applications
      • Business segmentation by revenue 2014
        • Table Johnson Controls: business segmentation by revenue 2014
      • Business segmentation by revenue 2013 and 2014
        • Table Johnson Controls: business segmentation by revenue 2013 and 2014 ($ million)
      • Geographical segmentation by revenue 2014
        • Table Johnson Controls: geographical segmentation by revenue 2014
      • Business strategy
      • Recent developments
      • SWOT analysis
    • Sony
      • Key facts
      • Business Overview
      • Sony: batteries
      • Batteries offered
        • Table Sony: batteries offered
      • Business segmentation by revenue 2014
        • Table Sony: business segmentation by revenue 2014
      • Business segmentation by revenue 2013 and 2014
        • Table Sony: business segmentation by revenue 2013 and 2014 ($ billion)
      • Geographical segmentation by revenue 2014
        • Table Sony: geographical segmentation by revenue 2014
      • Business strategy
      • Recent developments
      • SWOT analysis
  • Other Reports in this Series

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