Increased Competition among Vendors Intensifying Growth in the Li-ion Battery Market for AEVs in France: Technavio Report

Renewable energy

 

  • The key vendors in the li-ion battery market for AEVs in France 2015-2019 are A123 Systems, Blue Energy, Deutsche ACCUmotive, Johnson Controls, LG Chem, Panasonic, Primearth EV Energy, Saft, Samsung SDI and Toshiba

London, 01 July 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 France 2015-2019. Technological innovations and advancements is one of the key trends emerging in the market. 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. The Li-ion battery market for AEVs in France is expected to grow significantly at a CAGR of 27.2% from 2015-2019.

The French government is focusing on the replacement of ICE vehicles with AEVs, and the results seem promising. As well, the country’s carbon emissions have been declining on a YoY basis between 2008 and 2012, owing to high usage of BEVs, PHEVs, and HEVs.

“Vendors in this market are competing in terms of price by offering batteries of varying capacities at lower prices than their competitors,” says Faisal Ghaus, Vice President of Technavio Research.

“Moreover, new vendors in the market have adopted low-cost manufacturing techniques that allow for larger profit margins.”

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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