Global Hybrid Electric Vehicle Battery Market to Grow 25.2% Annually Through 2015
FARMINGTON, Conn., July 19, 2012 /PR Newswire/ --
As many of the world's leading experts on battery technology meet in Boston for the Next Generation Batteries 2012 Conference, new market research shows forecasts growth in a very important segment of the market: electric vehicle batteries.
Global Hybrid Electric Vehicle Battery Market 2011-2015
The Global Hybrid Electric Vehicle (HEV) Battery market is forecast to grow at an astonishing 25.2 percent CAGR between 2011 and 2015. Key to this market growth is the increased awareness of the need to reduce vehicle emissions, combined with increasing awareness for the need for energy independence. However, limited performance of HEVs could pose a challenge to the growth of this market.
This report addresses many areas of concern critical to companies operating in the batteries, vehicle construction, and automotive parts industries, including: the size and growth rate of the market; key trends, drivers, and challenges to market growth; major vendors and suppliers in the market space; and the strengths, weaknesses, opportunities, and threats faced by these players.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/infi247085-global-hybrid-electric-vehicle-battery-market-2011.html
Business Strategy: Repurposing EV Batteries for Stationary Applications - Process, Pain Points, Price, and Projects
The recent media firestorm that surrounded Apple when they withdrew from the EPEAT standards over battery recyclability serves as a reminder that the end of a product's life cycle isn't necessarily the end point for the products components. New market research from IDC explores the concept of repurposing electric vehicle batteries for stationary applications. The repurposing of electric vehicle batteries offers an opportunity for future buyers and current owners to get value from the devices after they've left the vehicle. IDC Energy Insights predicts that the batteries will be available for between $50 and $150 per kWh by 2020.
While it may take another decade before the cars these batteries belong to are retired from the road, auto manufacturers, parts suppliers, and regulators need to be thinking now about how to build longer-term life into the batteries, in order to protect residual value and guard against potential firestorms like the one Apple is currently weathering.
An Executive Summary of this analysis and a free sample of the full report are available at http://www.giiresearch.com/report/ener247021-business-strategy-repurposing-ev-batteries.html
Lithium Battery Power 2012 and Battery Safety 2012 in Las Vegas
While the Next Generation Batteries 2012 conference is just kicking off, it's never too early to start thinking about the next big event. Lithium Battery 2012 and Battery Safety 2012 are back-to-back events in Las Vegas, NV
Lithium Battery Power 2012 | December 4-5, 2012, Las Vegas, NV
Li-ion batteries for transportation are forecast to grow over 700% by 2017, from $2.0 billion annually in 2011 to greater than $14.6 billion in just 6 years. The conference Lithium Battery Power 2012 is an excellent chance to network with peers and discuss the EV challenges of cycle life, power & energy, cost and safety. The program also features novel materials and components, systems design and integration, and the role of nanotechnology in Lithium Battery development.
Battery Safety 2012 | December 6-7, 2012, Las Vegas, NV
Attendees of Lithium Battery Power 2012 will find significant value staying in Las Vegas for an additional two days for the Battery Safety 2012 conference. Widely publicized safety incidents and recalls of lithium-ion batteries have raised very real concerns regarding lithium-ion battery safety. This conference will address safety concerns by exploring battery degradation and reliability, battery management, failure analysis, high throughput testing, automation and modeling, testing techniques and protocols.
Book your registration now while the best rates are still available!
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
Media Contact: Jeremy Palaia Global Information, Inc., 1-860-674-8796, Press@gii.co.jp
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Global Information, Inc.
Customer comments
No comments were found for Global Hybrid Electric Vehicle Battery Market to Grow 25.2% Annually Through 2015. Be the first to comment!