London, 01 April 2015: Technavio, the independent tech-focused global research firm, has published a report on the Li-ion Battery Market for AEVs in Japan 2015-2019, which is expected to grow at a CAGR of 11.2 percent during the forecast period of 2014-2019.
“End-users choose Li-ion batteries suitable to their own requirements. Lithium cobalt oxide batteries are ideal for cellphones, laptops, and cameras because of their high current densities,” says Faisal Ghaus, Vice President of TechNavio.
“The mandatory control circuit prevents overcharging and ensures these batteries are safe for use. Similarly, lithium manganese oxide batteries provide high thermal stability and enhanced power output at lower currents.”
Key Market Drivers
- Increased Government Support
- Decreasing Cost of Li-ion Batteries
- Increased Demand for PHEVs and BEVs\
- Increased Conversion Efficiency of Li-ion Fueled PHEVs/EVs Compared to Conventionally Fueled Vehicles
Key Market Trends
- Availability of Different Types of Li-ion Batteries
- Advances in Technology
- High Investment in LiFePO4 Manufacturing Plants
- Growing Employment Opportunities
Key Market Vendors
- AESC (Automotive Energy Supply Corporation)
- Blue Energy
- Hitachi
- LG Chem Ltd.
- Panasonic Corp.
- Toshiba Corp.
To define the market circumstances 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.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
