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Pike Research forecasts automotive Li-ion battery market to grow to almost $22B in 2020; China to become global leader in production by 2015

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Total lithium-ion transportation battery revenue by region, world markets: 2012-2020. In a new report , Pike Research forecasts that the overall market for Li-ion batteries in light duty transportation will grow from $1.6 Source: Pike Research. Click to enlarge. billion in 2012 to almost $22 billion in 2020.

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Forecast: Lithium Ion Batteries for Electric Vehicles to Approach $8 Billion in Sales by 2015

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PHEV/EV Models 2010-2012 by Battery Chemistry. In the near term, the Li-ion market, and the electric vehicle (EV) industry in general, will be largely fueled by government subsidies, incentives, and production goals, the report says. Source: Pike Research. Click to enlarge. Even with broad global interest in EVs, less than 2.5%

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Navigant Research forecasts plug-ins will be 2.4% of global new vehicle sales by 2023; luxury brands to represent about 50% of that

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Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% Growth in HEV, PHEV, and BEV platforms will be contingent upon expanding EV availability outside of the small hatchback segment into larger vehicle formats such as sport utility vehicles (SUVs) and trucks. million units.

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Anderman report sees strongest growth for full-hybrid systems; Li-ion batteries for hybrids may be in short supply

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The 170-page report also finds that while the combined global EV and plug-in Hybrid (PHEV) market share is expected to grow to about 1.5% Although NiMH is still the dominant battery in the high-voltage hybrid market, Li-ion technology started to take market share around 2009 and is expected to continually increase its share with time.

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Consultancy Warns of Overcapacity in Global Li-ion Battery Market Between 2014-2017; Forecasts 6 to 8 out of Approx. 60 Li-ion Makers Will Survive

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However, according to a new report from Roland Berger Strategy Consultants, planned investments in lithium-ion manufacturing will result in significant overcapacity between 2014 and 2017 relative to the demand generated by that growth, especially in the US and in Japan. million vehicles by 2015. million EV equivalents.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. This is a downward revision from the $35B the firm forecast for ESG spending through 2020 in a report published last August. 2010 vs 2011 forecasts.

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Pike Research forecasts global hybrid medium- and heavy-duty truck sales to surpass 100,000 vehicles annually by 2017; about 2.1% of total MD/HD sales

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A new report from Pike Research forecasts that sales of medium- and heavy-duty (MD/HD) hybrid trucks—including hybrid electric (HEV), plug-in hybrid (PHEV), battery electric (BEV), and plug-in electric power take-off (EPTO) variations—will surpass 100,000 vehicles annually by 2017. The Li-ion market is expected to reach 3.6

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