Advances in technology is fueling the growth of the li-ion battery market for AEVs in the Netherlands: Technavio Report

Renewable energy

 

  • The key vendors in the li-ion battery market for AEVs in the Netherlands are A123 Systems, Blue Energy, Deutsche ACCUmotive, Johnson Controls, LG Chem, Panasonic, Primearth EV Energy, Samsung SDI and Toshiba.

London, 08 May 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the li-ion battery market for AEVs in the Netherlands 2015-2019. One of the latest trends emerging in the market is the growing advancements in technology. There have been many advances in technologies, which have led to the increased usage of various battery-operated device worldwide. The li-ion battery market for AEVs in the Netherlands is expected to grow at a CAGR of 23 % during the forecast period 2014-2019.

The high growth potential for AEVs in the Netherlands is gaining the attention of many international Li-ion battery manufacturers. Therefore, increasing presence of international manufacturers is expected to drive the market during the forecast period.

“The increased penetration of PHEVs has the potential to change the global outlook on power and fossil fuels, as the crude oil prices will continue to fluctuate in the coming years,” says Faisal Ghaus, Vice President of Technavio Research.

“Several auto manufacturers have started focusing on PHEVs because of tax benefits and other grants from their respective governments. PHEVs also help auto manufacturers conform to environmental norms.”

To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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