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10 Dec 2021  |  North America  |  Market Research
Global Electric Truck Battery Growth Opportunities
Battery-powered Trucks will be a Viable Alternative, Majorly Driven by Falling Battery Prices and Improving Economics
With the framing of stringent emission norms and strong regulatory push, the automotive industry is fully prepared to shift toward electric powertrains. Although automakers have been investing in various alternative powertrain technologies to achieve low/zero emission, Electric Vehicles (EV) look promising for OEMs. They and battery manufacturers a...
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02 Mar 2022  |  Global  |  Market Research
Global Stationary Lithium-ion Battery Growth Opportunities
Future Growth Potential Driven by Demand for Battery Energy Storage Systems
Stationary lithium-ion systems are key components of the energy storage architecture, which fulfill energy storage requirements for utilities, residential, and commercial customers. The global growth of renewable energy installations has increased intermittent energy production, creating an unbalanced grid. This has led to a demand for energy stora...
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10 Aug 2022  |  North America  |  Market Research
Global Wireless EV Charging Growth Opportunities
Wireless Charging and Autonomous Capabilities Represent Marketable Features for the High-end Luxury EV Segment
2021 has been a strong year for electric vehicle (EV) sales, with 6.8 million units sold and 9.5% global market penetration, outperforming industry expectations. Despite the impact of chip shortages on production, the industry exceeded 100% YoY growth. Conductive (wired) charging infrastructure grew to more than 500,000 charge points in 2021. The t...
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06 Feb 2023  |  Global  |  Market Research
Battery Energy Storage Growth Opportunities
Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry
Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...
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23 Nov 2021  |  Global  |  Market Research
Global Residential Battery Energy Storage Growth Opportunities
Higher Electricity Prices, Declining Technology Costs, and Desire for Grid Independence are Factors Driving Market Growth
The residential battery storage market will continue its recent trajectory of strong growth, with global revenues increasing from $3.05 billion in 2021 to reach $8.11 billion in 2030. High electricity prices, declines in feed-in tariffs and net metering payments, and continued declines in lithium-ion battery prices and associated components are the...
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12 Jul 2021  |  Global  |  Market Research
Global Li-ion Battery Materials Growth Opportunities
Advanced Battery Materials are Key to Meeting the Future Growth Potential of Li-ion Batteries
This study quantifies the consumption of key lithium-ion (Li-ion) battery materials and focuses on gauging the impact that key market developments, like the advancements in battery chemistries, the rapid increase in electric vehicle (EV) sales, an ever-tightening regulatory scenario, and a shift in consumer preferences towards EVs, etc., are expect...
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10 Aug 2022  |  Europe  |  Market Research
European Electric Truck Charging Infrastructure—Revenue Opportunities
Transformational Growth of Charging Infrastructure to Cater to the 100TWh Electricity Consumption by 2030
By 2030, more than 5.8 million electric trucks are expected to be in operation in Europe. Light-duty vehicles are forecast to be the early adopters, with nearly an 87% share of the EV truck market in 2030. Among several EV truck charging types, AC and DC charging are expected to be the most adopted in Europe. 20kW-1MW chargers will become predomina...
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19 Nov 2020  |  Asia Pacific  |  Frost Radar
Frost Radar™: Asia-Pacific Electric Vehicle (EV) Battery Swapping Market, 2020
A Benchmarking System to Spark Companies to Action—Innovation That Fuels New Deal Flow and Growth Pipelines
The electric vehicle (EV) battery swapping market in the Asia-Pacific is moving from the nascent to the growth phase. Battery costs, range anxiety, and lengthy charging process have been cited as among the main barriers hindering the broader adoption of EVs. Battery swapping offers a quicker solution to address range anxiety, where each swap takes ...
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24 Aug 2018  |  Global  |  Market Research
Global Motive Lead-Acid Battery Market, Forecast to 2024
Despite Penetration from Lithium-ion, Lead-acid Battery Will Dominate Deep Cycle Application
The well-established global motive lead acid battery market is expected to witness a CAGR of 4.2% between 2017 and 2024. Material handling equipment is the key application using lead acid batteries, globally. Increase in eCommerce models is driving the need for warehouse. These warehouses need electric forklift for indoor operation that boosts the ...
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20 Dec 2019  |  Global  |  Technology Research
Disruptive Battery Storage Technologies
Novel Battery Technologies Beyond Lithium-ion Chemistry are Expected to Disrupt the Battery Market in the Next Decade
The widespread deployment of batteries in power systems and transportation applications is expected to face challenges related to the raw material supply chain and the environmental impact of the materials. Current energy storage systems are expensive and difficult to scale, mainly due to the cost and performance of the battery chemistry. The cutt...
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