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Another day, another positive electric-car adoption rate forecast

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While the fossil-fuel industry is notably skeptical of the long-term prospects of electric cars, a growing number of studies and forecasts predict the adoption rate will grow rapidly in the coming decades. If only success could be guaranteed by positive predictions. Electric cars still face numerous challenges, but analyses from a variety of. sales New car sales plug-in cars

2017 20

Navigant forecasts global road transportation energy consumption to increase 25% by 2035; 84% from conventional fuels

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In a new report ( Transportation Forecast: Global Fuel Consumption ), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 gasoline and diesel) represent the bulk of energy consumption throughout the forecast period.

Navigant forecasts LD natural gas vehicles to account for 2.8% of global vehicle parc by 2024

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In a new report , Navigant Research forecasts that light-duty natural gas vehicle (LD NGV) sales will grow 119% between 2014 and 2024, culminating in 42.1 Navigant forecasts only 56,251 LD NGV sales in 2014 in North America. Forecasts Natural Gas Cumulative light-duty NGV sales by segment. Source: Navigant. Click to enlarge. million NGVs on the world’s roads and accounting for 2.8% of all vehicles on the roads.

IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. Electric (Battery) Forecasts Hybrids Manufacturing Plug-ins Source: IHS Automotive. Click to enlarge.

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report. Data from Navigant Research’s Electric Vehicle Market Forecasts report shows that by the end of 2014, the United States will have just over 304,000 PEVs on its roads.

2014 38

Navigant forecasts energy storage enabling technologies revenue to total nearly $75B from 2015 to 2024

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Navigant Research forecasts that worldwide energy storage enabling technology (ESET) revenue will total nearly $75 billion from 2015 to 2024. The report analyzes the ESET global market across four distinct market segments: utility-scale storage; community storage; residential storage; and commercial storage, including global market forecasts through 2024.

2015 29

Lux forecasts global driver assist market to grow to $102B market by 2030

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Autonomous driving Driver Assistance Systems Forecasts In a new research report, “ The $102 Billion Opportunity in Partial Automation for Cars ”, Lux Research calculates that the revenue opportunity from advanced driver assistance systems (ADAS) features will grow from $2.4

Navigant forecasts annual fuel cell vehicles sales to exceed 228,000 units by 2024

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In a new report , Navigant Research forecasts that the annual sales of fuel cell vehicles (FCVs)—both cars and buses—will exceed 228,000 by 2024.

IHS forecasts global EV charger market to grow to more than 12.7M units in 2020

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The global EV Charger (EVC) market is forecast to grow from more than 1 million units in 2014 to more than 12.7 From 2010 to 2014, IHS forecasts that just 7% of electric vehicles globally use the CCS charging system and about 65% use the CHAdeMO standard. IHS Automotive forecasts that in 2016 for the first time, global PHEV production will exceed pure electric vehicle production and is expected to remain that way for the short to mid-term.

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April.

Navigant forecasts 40% of new vehicles in 2030 will have some form of autonomous driving capability; 75% by 2035

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In a new research report (“ Autonomous Vehicles ”), Navigant Research forecasts that by 2030, about 40% of new vehicles sold will have some form of autonomous driving capability installed. Navigant Research forecasts that 94.7

Updated Roland Berger Li-ion study forecasts auto Li-ion battery market of more than US$9B by 2015; massive overcapacity and market consolidation

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Roland Berger forecasts for LiB market size by vehicle class (left) and region (right). billion to US$9-10 billion by 2015, despite scaled-back forecasts for previously announced models. Further growth to more than US$50 billion is forecast in the 2020 high growth scenario. Although forecasts for many existing programs have been downgraded, there are new xEV models coming out in Asia, especially hybrids. Batteries Forecasts

NiMH 23

Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

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billion by 2017, the market intelligence firm forecasts. billion and 28 million kWh market that Pike Research also forecasts by 2017. In its 2009 forecast on EV batteries, Pike forecast that Li-ion prices would drop to $470 per kWh in 2015. global transportation industry throughout the forecast period of this report (2011-2017), Pike noted, projecting that vehicles that use. Batteries Forecasts


Lux: plug-in vehicle battery market to hit $10B in 2020; 6 carmakers = 90% of demand; VW to show most growth

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Led by Tesla, China’s BYD, and Volkswagen, the battery market for plug-in vehicles will rise to $10 billion in 2020, with electric vehicles (EV) emerging as the drivetrain of choice, according to a new forecast by Lux Research. Batteries Electric (Battery) Forecasts Plug-ins Sales

BYD 45

Pike Research forecasts cumulative investment in fuel cells for Auxiliary Power Unit applications to reach $400M by 2020

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While the size of the market in terms of absolute numbers will not be large, reaching just over 5,000 units by 2020, the sector will grow strongly over the next several years, according to the forecast. Forecasts Fuel Cells

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9 The Canadian light vehicle sales forecast from IHS Automotive for 2015 stands at 1.88 Forecasts Sales

Navigant forecasts strong growth in stop-start vehicle sales; 48V systems to account for 15% of those by 2025

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According to a forecast by Navigant Research, global sales of light duty stop-start vehicles (SSVs) will exceed 61 million by 2025, accounting for 59% of all light duty vehicle sales. The Navigant report—“ Low Voltage Vehicle Electrification 12V and 48V Stop-Start Vehicles, Micro and Mild Hybrids, and Related Technologies: Global Market Analysis and Forecasts —analyzes the global market for low voltage (12V and 48V) electrification opportunities and challenges.

Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation

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In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% By 2020, Pike Research forecasts that advanced lead-acid batteries will capture roughly 25% of the global battery-based grid storage market, a small subset of the broader energy storage market. Batteries Forecasts

Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

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Polk forecast, millions of units. Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% —Anthony Pratt, director of forecasting for the Americas at Polk. Forecasts SalesClick to enlarge.

Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 Biodiesel Biomass Ethanol Forecasts Fuelsbillion in 2011 to $185.3 billion by 2021. At least 38 national governments have enacted blending mandates or targets to accelerate the expansion of biofuels production and consumption in the transportation sector. However, despite strong.

2012 15

Airbus forecasts 33,000+ new planes valued >US$5T over next 20 years

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In the next 20 years (2016-2035), according to Airbus’ Global Market Forecast, passenger traffic will grow at an average 4.5% In the widebody market, Airbus forecasts a trend towards higher capacity aircraft and forecasts a requirement for more than 9,500 widebody passenger and freighter aircraft over the next 20 years, valued at some US$2.8

Asia 11

Pike Research forecasts smart city technology market to grow to $20.2B annually in 2020; smart transportation component to be worth $5.5B by 2020

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In a new report, Pike Research forecasts that the smart city technology market will grow from $6.1 Cities Forecasts Infrastructure Intelligent Transportation Systems (ITS) Smart chargingbillion annually in 2012 to $20.2 billion in 2020—a compound annual growth rate (CAGR) of 16.2%. Globally, Pike anticipates cumulative investment of more than $117 billion in smart city technologies between 2012 and 2020.

Navigant Research forecasts 58% growth in global biofuels consumption by 2022; biodiesel and drop-in fuels gain market share

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In a new report, “ Biofuels for Transportation Market s”, Navigant Research forecasts that global demand for biofuels in the road transportation sector will grow from representing almost 6% of the liquid fuels market in 2013 to roughly 8% by 2022. Navigant forecasts that global biofuels consumption in the road transportation sector will grow from more than 32.4 BGPY in 2022 (77% growth), accounting for nearly 24% of the biofuels market at the end of the forecast period.

2013 11

Navigant forecasts global annual sales of LDVs of 122.6M by 2035, up 38% from 2015

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In a new report, Navigant Research forecasts global annual sales of light duty vehicles will reach 122.6 Navigant expects sales of conventional internal combustion engine (ICE) vehicles will fall significantly over the forecast period, experiencing a CAGR of -6.6%.

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. The firm forecasts that load leveling/peak shifting will represent 31% of the total market, followed by arbitrage (12%) and T&D upgrade deferral (7%). 2010 vs 2011 forecasts.

Forecast puts global lead acid battery market at $76.44B by 2022

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forecasts that the global lead acid battery market will reach US$76.44 Growing preference for pollution free hybrid & electric vehicles along with technological development is expected to drive lead acid battery demand over the forecast period. VRLA (valve-regulated lead-acid) batteries are forecast to grow at a CAGR of 6.4% In addition, its low maintenance cost along with easy installation will fuel growth over the forecast period.

Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

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2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Under the forecast, China will thus represent 26% of global auto sales in 2015.

Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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In its new Natural Gas Vehicles report, Navigant Research forecasts that global annual NGV sales—light-, medium- and heavy-duty—will grow 62.5% Navigant forecasts that the number of light-duty NGVs on the world’s roads will double by 2025 to 39.6

PwC: electrified vehicle sales on the rise in Europe, continued growth expected

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In 2016, however, PwC forecasts a reduction in plug-in hybrid sales in Europe as many of the current government subsidies are being eliminated. Electric (Battery) Europe Forecasts Hybrids Sales

2016 46

Pike Research forecasts US plug-in vehicle penetration rates to be highest in smaller states

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Pike Research forecasts that annual sales of plug-in electric vehicles (PEVs) will reach 358,959 vehicles by 2017, representing a compound anual growth rate (CAGR) of 43% between 2011 and 2017. To understand where these vehicles will likely be sold, Pike Research created a geographic forecast model using a variety of inputs including population and demographic trends; affinity towards electric vehicles; and automakers’ intended availability of vehicles. Forecasts Plug-ins

Navigant: N. American PEV sales to hit almost 200K units this year; ~62% growth y-o-y

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In a new report , Navigant Research forecasts that plug-in electric vehicle (PEV) sales in the US and Canada in 2016 will near 200,000 unit sales, growing by around 62% year-over-year. Electric (Battery) Forecasts Hybrids Plug-ins Sales

2016 35

Lux suggests how LG Chem might overtake EV battery leader Panasonic

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Batteries Electric (Battery) Forecasts Market Background

2015 52

Pike forecasts global investment in intelligent transportation systems will total $13.1B through 2017

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Forecast global spending on ITS. In a new report, Pike Research focuses on four key smart transportation sectors—traffic management systems; smart charging for plug-in electric vehicles; public transportation systems; and vehicle-to-vehicle systems—and forecasts a global investment in these totaling $13.2 Most of the forecast investment will be in intelligent traffic management systems, as this is the sector with the broadest range of potential applications.

Pike forecasts cumulative plug-in vehicle sales to reach 5.2M units worldwide by 2017

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Pike Research forecasts that cumulative sales of plug-in electric vehicles (PEVs), the category that includes both plug-in hybrid and battery-electric vehicles (PHEVs and BEVs), will reach 5.2 Germany has set a goal of 1,000,000 PEVs by 2020—almost twice the 512,701 PEVs forecast to be on the roads in that country by 2017. Pike forecasts that PEV and HEV sales together will represent approximately 3% of total light-duty vehicle sales in 2017.

ABI Research forecasts nearly 203M Software-Over-the-Air-enabled cars to ship by 2022

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ABI Research forecasts nearly 203 million Software Over-the-Air (SOTA)-enabled cars will ship by 2022. Both SOTA and Firmware Over-the-Air (FOTA) will see a spike, with nearly 180 million new cars supporting SOTA and 22 million FOTA by 2022. Beyond Tesla, car OEMs will primarily focus the next three to five years on SOTA versus the still nascent FOTA upgrade. The positive changes that OTA can bestow on the car recall process is alone a vital benefit.

Navigant Research forecasts EV charger global market to grow to $3.8B by 2020; 27.1% CAGR from 2013

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Navigant Research forecasts that the global EVSE (electric vehicle supply equipment, i.e., charger) market will grow from $713 million in 2013 to $3.8 Electric (Battery) Forecasts Infrastructure Plug-ins Total installed public EVSE stations by technology and region, world markets: 2012. Source: Navigant Research. Click to enlarge. billion by 2020, a compound annual growth rate (CAGR) of 27.1%.

DC 9

Systematic review of EV battery pack costs suggests economies of scale may push cost toward US$200/kWh without further cell chemistry improvements

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Batteries Forecasts

2015 54

Pike forecasts worldwide revenue from fuel cells and hydrogen will reach $785M million in 2012; interest in fuel cell vehicles re-emerges

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With the continued disappointment in the price of battery electric vehicles (BEVs) and a rate of adoption lower than initially forecast, Pike Research forecasts that 2012 will start to see a return of interest in fuel cell electric vehicles (FCEVs). Automakers have resolutely stuck to their forecasts of the initial rollout of FCEVs between 2013 and 2015. Forecasts Fuel Cells Hydrogen

Berkeley Lab study forecasts China energy use will peak within 20 years; 356 million private cars by 2050

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According to this new forecast, the current steeply rising curve of energy demand in China will begin to moderate between 2030 and 2035 and flatten thereafter. China Electric (Battery) Fleets ForecastsProjected saturation of private cars in China by fuel type under the two scenarios. Source: LBL. Click to enlarge. China’s energy use will level off well before mid-century even as its population edges past 1.4

Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

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million unit global NGV market which we forecast will expand at a compound annual growth rate (CAGR) of 7.9% Natural Gas Vehicles Market Analysis and Global Forecasts for CNG and LNG Cars, Trucks, and Buses. Forecasts Natural GasAccording to a new report from Pike Research, worldwide natural gas vehicle (NGV) sales will increase at a healthy pace over the next several years, rising from 1.9 million vehicles per year in 2010 to more than 3.2 million units annually by 2016.