Global battery control technology market: 7.5% CAGR growth expected between 2012-2016
Global Battery Control Technology Market 2012-2016 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-24 06:25:01
The Global Battery Control Technology market is to grow at a CAGR of 7.52 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing application of battery control technology in various industries. The Global Battery Control Technology market has also been witnessing the use of battery control technology to increase the performance of battery systems. However, high cost of electric vehicles could pose a challenge to the growth of this market.
The increase in performance of battery systems, with the usage of battery control technology is one of the major trends observed in the market. For instance, the commercialization of micro-processor-controlled battery chargers had led to increased performance of battery systems. The various performances improved by the usage of battery control technology include increased battery cycle time and extension of battery life. This has a positive effect on various end-user segments such as Portable Electronic Products, Automotive, Traction, and Stationary Applications. Thus, the increase in performance of the battery systems is one of the major trends observed in the Global Battery Control Technology market.
One of the major drivers is the emergence of new battery control applications. The increased usage of battery control technology in various end-user segments such as Automotive, Traction, and Stationary Applications has led to the development of efficient battery systems in those segments. As a result, the increase in battery control technology applications will in turn increase the growth of the Global Battery Control Technology market in the future.
One of the major challenges in the market is the high price of EVs. As one of the major application areas of battery control technology is in the EV industry, any major challenge confronting the Global EV industry will in turn have an effect on the Global Battery Control Technology market.
The key vendors dominating this space include A123 Systems LLC, Build Your Dreams (BYD) Battery Co. Ltd., Ford Motor Co., GE Energy LLC, General Motors Corp., Honda Motor Co. Ltd., LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., SANYO Electric Co. Ltd., Sony Electronics Inc., and Toyota Motor Corp. The other vendors mentioned are Abacus Controls Inc., ABSL Power Solutions Ltd., Absopulse Electronics Ltd., Acer Inc., Action Business Suppliers Inc., Advanced Battery Systems LLC, Advanced Battery Tech. Inc., Advanced Micro Devices Inc., Advanced Power and Controls , AeroVironment Inc., Aker Wade Power Technologies LLC, Aluratek Inc., Allegro MicroSystems LLC, American Battery Charging Inc., AMETEK Inc., Analog Devices Inc., Apple Computer Inc., APX Technologies Inc., Arotech Corp., Associated Equipment Corp., Astrodyne Corp., Astro Flight Inc., Atmel Corp., Axeon Power Ltd., Batteries Plus LLC, Battery Technology Inc., BenQ Corp., Bescor Video Accessories Ltd., Boston Power Inc., Bren-Tronics Inc., BST Systems Inc., Cadex Electronics Inc., CarCharging Inc., C&D Technologies Inc., Cell-Con Inc., China BAK Battery Inc., Cliplight Inc., ClipperCreek Inc., Club Car LLC, Columbia ParCar Corp., ChargePoint Inc., Compal Electronics Inc., Curtis Instruments Inc., Cypress Semiconductor Corp., Daimler AG, D&B Power Associates Inc., Dell Inc., Delphi Automotive LLP, Diversified Power International LLC, Duracell International Inc., Eaton Corp., ECOtality Inc., EIC Laboratories Inc., Electrovaya Inc., Elektromotive Ltd., Eltek Valere AS, EnerSys Advanced Systems Inc., Efacec Capital S.G.P.S., SA, Energizer Holdings Inc., Enerize Corp., E-One Moli Energy Corp., Ericsson Inc., EV Connect Inc., Freeplay Energy Ltd., Friwo North America Inc., Fujitsu Ltd., Gigabyte Technology Co. Ltd., GlobTek Inc., Goodall Mfg. LLC, Google Inc., GP Batteries Ltd., Greatbatch Inc. , Harding Energy Inc., Hitachi Maxell Ltd., HLK & Associates, Inc., HM Electronics Inc., Honda Motor Co. Ltd., HP Co., HTC Corp., HYB Battery Co. Ltd., HuanYu Power Source Co. Ltd., IGO Inc., International Industries Inc., Intel Corp., Intermec Technologies Corp., Intersil Americas LLC, IOTA Engineering LLC, ISL Products International Ltd., Itautec SA, Jerome Industries Corp., Johnson Controls Inc., Koehler Lighting, Koninklijke Philips N.V., Kussmaul Electronics Co. Inc., La Marche Manufacturing Co., LANIX, Lenmar Enterprises Inc., Lenovo Group Ltd., Lester Electrical Inc., Leviton Manufacturing Co. Inc., Lind Electronics Inc., Lithium Technology Corp., Lumeneo SAS, Motor Appliance Corp., Magna International Inc., Mathews Associates Inc., Hitachi Maxell Corp., Maxim Integrated Products Inc., Microchip Technology Inc., Micropower E.D. Marketing AB, Microsoft Corp., Midtronics Inc., Mitsubishi Corp., Mitsubishi Motors Corp., Motive Energy Inc., Motorola Solutions Inc., New Energy Systems Group, ICCNexergy Inc., Nissan Motor Co. Ltd., Newmar Holdings Inc., The Nokia Corp., O2Micro International Ltd., Oneac-Powervar Solutions, Panasonic Corp., Positivo InformÃ¡tica SA, Power Products Inc., Power-Sonic Corp., Promark Electronics Inc., Pure Energy Solutions Inc., Quallion LLC, Quick Charge Corp., Research In Motion Ltd., SAFT Groupe SA, Schneider Electric SA, Segway Inc., and Stored Energy Systems LLC.
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