DUBLIN--(BUSINESS WIRE)--The "Next Generation Battery in Automotive Market: By Type;By Vehicle Type; & Geography - Forecast 2017-2023" report has been added to ResearchAndMarkets.com's offering.

The emergence of hybrid vehicles as a global solution for oil saving is likely to be the major driving factor for the growth of next generation batteries market.

The improving fuel economy and additional auxiliary power capabilities of hybrid vehicles by regenerative braking, idle-off and other techniques is motivating the researchers towards development of advanced batteries.

Moreover, the trending deployment of nanotube ultracapacitors in electric vehicles as an alternative power source is also boosting the growth rate of the market.

However, the high battery pack costs owing to the retail price is hindering the market for next generation batteries.

Lithium batteries are the dominant segment for next generation battery market which is majorly attributable to the low self-discharge rates and high power densities of this battery type. However due to the scarcity of compositional materials, particularly lithium, companies have been looking to develop innovative batteries that offer the same energy density and discharge as lithium ion batteries but made of different materials.

This has in particular led to the development of emerging battery technologies such as sodium ion, solid state and hydrogen fuel cell based batteries. However these batteries, their characteristics still lag behind lithium ion batteries and thus these batteries have been preferred in the market currently.

Players Profiled

  • Toyota Motor Corporation
  • Robert Bosch GmbH
  • Tesla Inc.
  • Panasonic Corporation
  • LG Chem.
  • Aquion
  • Mercedes-Benz
  • Nexeon Limited
  • 24M
  • A123 Systems
  • ABB
  • AC Delco
  • Akkumulatorenfabrik MOLL GmbH + Co. KG
  • Adverc BM Ltd.
  • AllCell Technologies
  • Altairnano
  • and more...

Key Topics Covered

1. Market Overview

2. Executive Summary

3. Next Generation Battery in Automotive Market - Landscape

4. Next Generation Battery in Automotive Market - Forces

5. Next Generation Battery in Automotive Market - Strategic Analysis

6. Next Generation Battery in Automotive Market - by Types

7. Next Generation Battery in Automotive Market - by Vehicle Type

8. Next Generation Battery in Automotive Market - by Geography

9. Next Generation Battery in Automotive Market - Entropy

10. Next Generation Battery in Automotive Market - Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/tzjcj4/next_generation?w=4

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Related Topics: Automotive Batteries