Posted in | News | Clean Technology | Energy

New Market Research Report on Electric Vehicle Traction Batteries

Reportlinker.com announces that a new market research report is available in its catalogue: Electric Vehicle Traction Batteries 2012-2022

This comprehensive report has detailed assessments and forecasts for all the sectors using and likely to use traction batteries. There are chapters on heavy industrial, light industrial/commercial, mobility for the disabled, two wheel and allied, pure electric cars, hybrid cars, golf cars, military, marine and other. The profusion of pictures, diagrams and tables pulls the subject together to give an independent view of the future ten years. Unit sales, unit prices and total market value are forecast for each sector for 2012-2022. The replacement market is quantified and ten year technology trends by sector are in there too, with a view on winning and losing technologies and companies.

This is the essential reference book for those who are anywhere in the hybrid and pure electric vehicle value chain. Those making materials, cells, battery sets or vehicles, researchers, legislators and market analysts will find it invaluable.

The whole picture
With vehicle traction batteries it is important to look at the whole picture and this report does it for the first time. The rapidly growing market for traction batteries will exceed $55 billion in only ten years. However that spans battery sets up to $500,000 each with great sophistication needed for military, marine and solar aircraft use. Huge numbers of low cost batteries are being used for e-bikes but even here several new technologies are appearing. The largest replacement market is for e-bikes today and the value market for replacement batteries will not be dominated by cars when these batteries last the life of the car - something likely to happen within ten years. The trends are therefore complex and that is why IDTechEx has analysed them with great care.

Vehicle manufacturers are often employing new battery technology first in their forklifts or e-bikes, not cars, yet there is huge progress with car batteries as well - indeed oversupply is probable in this sector at some stage. The mix is changing too. The second largest volume of electric vehicles made in 2010 was mobility aids for the disabled but in ten years time it will be hybrid cars. The market for car traction batteries will be larger than the others but there will only be room for six or so winners in car batteries and other suppliers and users will need to dominate their own niches to achieve enduring growth and profits. Strategy must be decided now.

In this report, researched in 2010 and 2012 and frequently updated, we analyse the successes, the needs, the statistics and the market potential for traction batteries for all the major applications. This has never been done before. It is important to look at the whole picture because traction battery manufacturers typically sell horizontally across many applications and electric vehicle manufacturers increasingly make versions for many applications - heavy industrial, on road, leisure and so on. Indeed, the smarter putative suppliers will choose the sectors that best leverage their strengths rather than join the herd and be obliterated by corporations of up to $100 billion in size enjoying prodigious government support.

Source: http://www.reportlinker.com

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Report Linker. (2019, February 09). New Market Research Report on Electric Vehicle Traction Batteries. AZoM. Retrieved on April 20, 2024 from https://www.azom.com/news.aspx?newsID=35221.

  • MLA

    Report Linker. "New Market Research Report on Electric Vehicle Traction Batteries". AZoM. 20 April 2024. <https://www.azom.com/news.aspx?newsID=35221>.

  • Chicago

    Report Linker. "New Market Research Report on Electric Vehicle Traction Batteries". AZoM. https://www.azom.com/news.aspx?newsID=35221. (accessed April 20, 2024).

  • Harvard

    Report Linker. 2019. New Market Research Report on Electric Vehicle Traction Batteries. AZoM, viewed 20 April 2024, https://www.azom.com/news.aspx?newsID=35221.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.