The 48V micro hybrid vehicle is designed in such a way that it can capture energy from braking and is able to support higher loads such as air conditioning and active chassis technologies. The new designed 48V battery offers an effective electrical load management and reduces the losses.
“Li-ion batteries have very high energy and power densities for long useful life. They are used in a variety of applications, such as cell phones, laptops, UPS systems, medical devices, electric bikes, electric scooters, and tablets, and have completely replaced lead-acid batteries,” says Faisal Ghaus, Vice President of TechNavio.
Key Market Drivers
· Government Policies
· Fluctuating Fuel Prices
· Stringent Emission Norms
· Low Maintenance Costs
Key Market Trends
· Increased Focus on Li-ion Batteries
· Growing Environmental Concerns
· Increase in Awareness among Consumers
Key Market Vendors
· Audi AG
· Bayerische Motoren Werke Aktiengesellschaft Group
· General Motors Company
· Toyota Motors Corporation
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global 48V Micro Hybrid Market 2014-2018 (http://www.technavio.com/
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TechNavio Media Relations
TechNavio Media Relations