DUBLIN, July 07, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/bnd7ns/liion_battery) has announced the addition of the "Li-ion Battery Market for AEVs in Japan 2015-2019" report to their offering.
The Li-ion Battery market for AEVs in Japan to grow at a CAGR of 11.2% over the period 2014-2019.
The Li-ion Battery market for AEVs in Japan is segmented on the basis of the following: vehicle type (HEVs, PHEVs and BEVs) and demand (new demand and replacement demand).
Advances in technology over the years have led to increased usage of various battery operated devices worldwide. This has led to an increase in energy usage and propelled battery adoption in Japan considerably. EVs and PHEVs are being increasingly equipped with various innovative features such as GPS navigation systems, modern power train systems, which also include AC systems, power windows, and display drives providing real-time information about battery charge level.
According to the report, growing global pollution levels and decreasing fossil fuel reserves have prompted the government to shift its focus to the use of electric vehicles. The increasing global carbon emissions have made the threat of global warming more pronounced, which has forced countries worldwide to initiate suitable measures to curb carbon and GHG emissions.
Further, the report states that the long charging time of Li-ion batteries is hindering the Li-ion Battery market for AEVs in Japan considerably. EVs and PHEVs must be recharged every day depending on the distance traveled by the car. Therefore, battery efficiency determines the success of EVs and PHEVs. The long charging time is considerably hampering the growth of EVs, thereby affecting battery sales across the country.
- Blue Energy
- LG Chem
Other Prominent Vendors
- Primearth EV
For more information visit http://www.researchandmarkets.com/research/bnd7ns/liion_battery
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SOURCE Research and Markets