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Li-ion Battery Market for EVs in Norway 2015-2019

Li-ion Battery Market for EVs in Norway 2015-2019

About Li-ion Battery for EVs

A 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 a double fuel system makes PHEVs expensive, efficient, and a preferred choice among end-users. The use of battery-operated vehicles helps reduce carbon emissions and 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 at 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.

Technavio's analysts forecast the Li-ion battery market for EVs in Norway to grow at a CAGR of 44.6% over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the Li-ion battery market for EVs in Norway for 2015-2019. The market has been segmented on the basis of vehicle type into PHEVs and BEVs.

Technavio's report, Li-ion Battery Market for EVs in Norway 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.

Key Vendors

  • A123 Systems
  • Blue Energy
  • Deutsche ACCUmotive
  • Johnson Controls
  • Johnson Matthey Battery
  • LG Chem
  • Li-Tec Battery
  • Panasonic
  • Primearth EV Energy
  • Toshiba
Other Prominent Vendors
  • AESC
  • BYD
  • China BAK Battery
  • Hitachi
  • SAFT
  • Samsung SDI
Key Market Driver
  • Government Initiatives
  • For a full, detailed list, view our report
Key Market Challenge
  • Charging Duration
  • For a full, detailed list, view our report
Key Market Trend
  • Increased Investment in Charging Infrastructure
  • 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 – Li-ion Battery Market for EVs in Norway 2015-2019

Technavio recognizes the following companies as the key players in the Li-ion Battery Market for EVs in Norway: A123 Systems, Blue Energy, Deutsche ACCUmotive, Johnson Controls, Johnson Matthey Battery, LG Chem, Li-Tec Battery, Panasonic, Primearth EV Energy and Toshiba

Other Prominent Vendors in the market are: AESC, BYD, China BAK Battery, Hitachi, SAFT and Samsung SDI

Commenting on the report, an analyst from Technavio’s team said: “The government is investing considerably in charging infrastructure to increase EV penetration. As of 2014, there were around 5,700 charging points in Norway, out of which 12.8% are fast chargers. We expect these to multiply during the forecast period. Tesla Motors is working to install 120kW super chargers through main traffic corridors, which charge 50% of the battery in 20 minutes. About 14 super charging stations are already installed in Norway, Germany, the Netherlands, Austria, and Switzerland. Technavio estimates the numbers to increase significantly during the forecast period.”

According to the report, the market for EVs in Norway will likely grow rapidly on the back of growing consumer awareness and aggressive government targets surrounding environmental wellbeing, leading to an increase in demand for Li-ion batteries. Norway was one of the largest markets for EVs in Europe in 2014.Further, the report states that the lack of effective charging infrastructure and stretched charging cycles may hamper market growth during the forecast period.

Companies Mentioned

A123 Systems, Blue Energy, Deutsche ACCUmotive, Johnson Controls, Johnson Matthey Battery, LG Chem, Li-Tec Battery, Panasonic, Primearth EV Energy, Toshiba, AESC, BYD, China BAK Battery, Hitachi, SAFT, Samsung SDI

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction to Li-ion Batteries
    • Advantages and Disadvantages of Li-ion Batteries
    • Types of Li-ion Batteries
      • Lithium Cobalt Oxide Batteries
      • Lithium Iron Phosphate Batteries
      • Lithium Manganese Oxide Batteries
      • Lithium Nickel Manganese Cobalt Oxide Batteries
      • Lithium Nickel Cobalt Aluminum Oxide Batteries
      • Lithium Titanate Batteries
    • Li-ion Battery Applications
  • Key Takeaways
    • Demand for Li-ion Batteries to Increase Significantly in Norway by 2020
    • Li-ion Battery Cost to Reduce Considerably by 2020
    • Decrease in Oil Prices to Slightly Affect EVs Sales
  • Introduction to Li-ion Batteries for EVs
  • Market Landscape
    • Li-ion Battery Market for EVs in Norway
    • Five Forces Analysis
  • Technology by Vehicle Type
    • Types of EV
      • PHEV
      • BEV
  • Market Segmentation by Vehicle Type
    • Li-ion Battery Market for EVs in Norway by Vehicle Type 2014-2019
    • Li-ion Battery Market for BEVs in Norway
      • Market Size and Forecast
    • Li-ion Battery Market for PHEVs in Norway
      • 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
      • Blue Energy
      • Deutsche ACCUmotive
      • Johnson Matthey Battery
      • Johnson Controls
      • LG Chem
        • Table Various Products by Flagship Battery Solution
      • Li-Tec Battery
      • Panasonic
      • Primearth EV Energy
      • Toshiba
    • Other Prominent Vendors
      • AESC
      • BYD
      • China BAK Battery
      • Hitachi
        • Table List of Li-ion Battery-operated Hitachi Vehicles 2014
      • Samsung SDI
      • SAFT
  • 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
    • 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
    • Deutsche ACCUmotive
      • Key Facts
      • Business Overview
      • Battery Cells
        • Table Deutsche ACCUmotive: Battery Cells
      • Applications
        • Table Deutsche ACCUmotive: Applications
      • Business Strategy
      • SWOT Analysis
    • Johnson Matthey Battery
      • Key facts
      • Business overview
      • Geographical Presence
        • Table Johnson Matthey Battery: Geographical Presence
      • Recent Developments
      • 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 ($ millions)
      • Geographical Segmentation by Revenue 2014
        • Table Johnson Controls: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • 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 ($ billions)
      • Geographical Segmentation by Revenue 2013
        • Table LG Chem: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • SWOT Analysis
    • Li-Tec
      • Key facts
      • Business overview
      • 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
      • Geographical Segmentation
        • Table Panasonic: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Key Developments
    • SWOT Analysis
    • Primearth EV Energy
      • Key Facts
      • Business Overview
        • Table Specifications of Battery Module NP2.5
        • Table Specifications of Battery Module NP2
      • Key Products
        • Table Primearth: Key Products
      • Geographical Presence
        • Table Primearth: Geographical Presence
      • 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 ($ billions)
      • Geographical Segmentation by Revenue 2014
        • Table Toshiba: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Prominent Vendor Profiles
    • 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
    • BYD
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table BYD: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table BYD: Business Segmentation by Revenue 2012 and 2013 ($ billions)
      • Geographical Segmentation by Revenue 2013
        • Table BYD: Geographical Segmentation by Revenue 2013
      • 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 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table China BAK Battery: Geographical Segmentation by Revenue 2013
      • 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 ($ millions)
      • Geographical Segmentation by Revenue 2014
        • Table Hitachi: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • 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 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Samsung SDI: Geographical Segmentation by Revenue 2013
      • Recent Developments
      • SWOT Analysis
    • SAFT
      • Key facts
      • Business overview
      • Business Segmentation by Revenue
        • Table Saft: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Saft: Business Segmentation by Revenue 2013 and 2014 ($ millions)
      • Geographical Segmentation by Revenue 2014
        • Table Saft: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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