- The key vendors in the li-ion battery market for AEVs in Germany 2015-2019 are A123 Systems, Blue Energy, Deutsche ACCUmotive, Johnson Controls, Johnson Matthey Battery, LG Chem, Li-Tec Battery, Panasonic , Primearth EV Energy and Toshiba
London, 22 April 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 Germany 2015-2019. Increased investment in charging Infrastructure is one of the key trends being witnessed in this market. The availability of charging stations plays a major role in determining the demand for battery-operated vehicles. Moreover, the success of EVs mainly depends on battery performance and charging infrastructure. li-ion battery market for AEVs in Germany is expected to grow significantly at a CAGR of 24.2% during 2015-2019.
Growth potential for AEVs in Germany is high, drawing the attention of several international Li-ion battery manufacturers. The production volume of Li-ion batteries is underpinned by their demand from AEVs and the number of contracts secured. The growing demand for AEVs would propel overall market growth considerably. Germany is increasingly investing in charging stations, which has drawn the attention of many foreign players.
“Increased penetration of plug-in hybrid electric vehicle has the potential to change the global outlook toward power, transportation, and fossil fuels,” says Faisal Ghaus, Vice President of Technavio Research.
“Several auto manufacturers have started focusing on PHEVs to avail tax-related benefits and other grants from their respective governments.”
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.
https://www.technavio.com/%3Cp%3E%3Cspan%20style%3D%22line-height%3A%201….
