Li-ion Battery Market for AEVs in France 2015-2019
About Li-ion Battery for AEVs
Li-ion batteries are rechargeable batteries used for powering AEVs. The use of battery-operated vehicles helps to reduce carbon emissions and the dependence on other fossil fuels. Li-ion batteries are used as an alternate source of power in HEVs, while in BEVs and PHEVs, they are used as a primary source of power. BEVs and PHEVs use electric motors for propulsion, while HEVs use both ICE and electric motors. The use of this double fuel system makes HEVs more efficient and the preferred choice among end-users. The battery used in AEVs is automatically charged during the transportation through regenerative braking mechanism and is completely refilled or recharged through the power supply of residential or commercial charging socket at voltages ranging from 110 volts to 440 volts.
Technavio's analysts forecast the Li-ion battery market for AEVs in France to grow at a CAGR of 27.2% over the period 2014-2019.
Covered in this Report
The Li-ion battery market for AEVs in France has been segmented on the basis of vehicle type and demand type.
Technavio's report, Li-ion Battery Market for AEVs in France 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Li-ion Battery Market for AEVs in France 2015-2019
Technavio recognizes the following companies as the key players in the Li-ion Battery Market for AEVs in France: A123 Systems, Blue Energy, Deutsche ACCUmotive, Johnson Controls, LG Chem, Panasonic, Primearth EV Energy, SAFT, Samsung SDI and Toshiba
Other Prominent Vendors in the market are: AESC, BYD, China BAK Battery, Hitachi, Li-Tec and Sony
Commenting on the report, an analyst from Technavio’s team said: “Over the years, there have been many advances in technology that have boosted the use of various battery-operated devices. This has led to an increase in energy usage, especially in batteries. More EVs and PHEVs are being equipped with innovative features such as GPS navigation and modern powertrain systems. These include AC systems, power windows, and display drives that give real-time information about battery charge levels. However, these features ultimately consume a substantial amount of battery power. EVs expend their battery power in a shorter time, and therefore require frequent charging. As a result, there is an increased need for efficient and durable rechargeable batteries, which has contributed to the growth of the Li-ion battery market for AEVs in France. Thus, growing use of powertrain systems in EVs and PHEVs has increased the demand for high-power density Li-ion batteries.”
According to the report, the growing population of France has resulted in an increased number of vehicles across the country. Owing to increased pollution and depleting fossil fuel reserves, the government is promoting the adoption of AEVs. Further, the report states that long charging period for Li-ion battery-operated vehicles may pose a challenge to market growth.
A123 Systems, Blue Energy, Deutsche ACCUmotive, Johnson Controls, LG Chem, Panasonic, Primearth EV Energy, SAFT, Samsung SDI, Toshiba, AESC, BYD, China BAK Battery, Hitachi, Li-Tec, Sony
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