Automotive Battery Technologies - Global Sector Overview and Forecast (Q1 2022 Update)
Summary
Not so long ago, the automotive industry was protecting an old technology yet nowadays it has embraced the need for hybrids and the use of advanced battery technology. Automotive Batteries are by and large divided into two: Starter Batteries and Advanced Automotive Batteries. Automotive lead-acid batteries are commonly referred to as SLI (Starting, Lighting, Ignition) batteries which are 12V and rechargeable. These batteries supply power to the starter and ignition system to start the engine and supply power to other components within the vehicle. An advanced Automotive Battery (NiNH or Lithium-Ion) is one which is fitted to newly-assembled Electric, PHEV and Hybrid passenger car.
Macro economic, political and environmental events such oil dependency, new competition and increasing carbon emissions have all contributed towards the new move to electrification of transportation. Yet some industry observers argue that the emerging Electric Vehicle (EV) and Plug-In Hybrid Electric Vehicle (PHEV) markets could flatten out due to unproven technology.
They reckon that these markets will be initially bolstered by heavy subsidies to automakers, battery makers and consumers but that sustained growth will depend on yet-to-be-proven battery technology as well as on supporting government policies. Meanwhile, the stubbornly high cost of battery packs remains a hurdle for battery producers.
The report “Automotive Battery Technologies - Global Sector Overview and Forecast (Q1 2022 Update)” provides a comprehensive overview of the global Electric Vehicles and OE Starter Battery sectors, major suppliers, top 14 car batteries markets, technology trends (including other battery innovations and solar solutions for Electric Vehicles) and market size forecasts.
*The top 14 markets accounting for over 98% of global light vehicle production include - North America (US, Canada and Mexico) ; Mercosur (Brazil and Argentina); Western Europe (Germany, Italy, France, UK, Spain, Portugal, Netherlands, Belgium, Sweden, Austria, Finland and Morocco) ; Central Europe (Turkey, Bulgaria, Czech Republic, Poland, Slovakia, Hungary, Romania, Serbia and Slovenia); Russia; Japan; China; India; Korea; Thailand; Other Asia; Iran; South Africa; Australia.
Scope
Based on exclusive interviews, primary research and proprietary data this global market study includes -
Companies Mentioned
East Penn Manufacturing Co IncShin-Kobe Electric MachineryACDelcoBannerSolvaySamsungPanasonic Electric Vehicle EnergyBayerische Motoren Werke (BMW) AGBYD AutoFord Motor CompanyZhejiang Geely Holding Group Co., LtdGeneral MotorsDaimler AGHonda Motor Co., Ltd.Hyundai Motor GroupLifan GroupMitsubishi Motors CorporationNissan Motor Company, Ltd.Renault S.A.Toyota Motor CorporationA123 Systems, Inc.3MAdvanced Battery TechnologiesRobert Bosch GmbHContinental AGDelphi TechnologiesAlcoa, IncGenthermBASF SEAsahi GlassBorgWarner Inc.Denso CorporationValeo SAVisteon CorporationDana IncorporatedYazaki CorporationFicosa International, S.A.Exide TechnologiesNXP SemiconductorsHella KGaA Hueck & Co.Hitachi, Ltd.Johnson Controls International plcJohnson Matthey PlcSumitomo CorporationMagna International Inc.Marelli CorporationPanasonic CorporationPlastic OmniumPPG IndustriesSB LiMotiveValmet Automotive Inc.Central Glass Co., Ltd.CBAK Battery, Inc.GS Yuasa CorporationHarmanEnersysEvonikMaxwell TechnologiesLG Chem, Ltd.
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