Published on : Oct 01, 2019
Albany, New York, October 1, 2019: Global motor vehicle industry has steered its way into eco-friendly zone reducing green-house gases emission and fossil fuels consumption. Electric cells, fuel cells and hybrid automotive batteries are expected drive the automotive industry in future.
Lithium-ion batteries have dominated the electric vehicles landscape but their dominance is expected to drop in future as electric and other advanced technology vehicles expand their share in the automotive market. Polymerelectrolyte (PEM) fuel cells used in electric vehicles offered faster refueling and higher driving ranges but failed to demonstrate durability. Widespread development, production and deployment of advanced technology vehicles demand a low cost and high energy alternative for lithium ion batteries, which helps the advanced materials for electric cells, fuel cells and hybrid automotive batteries market to flourish.
These insights are according to the intelligence report, titled, “Advanced Materials for Electric, Fuel cells and Hybrid Automotive Batteries,” which has been freshly added to Market Research Hub’s (MRH) over-arching repository
Atmospheric Oxygen in batteries
Lead-acid batteries and Nickel-hydride batteries exist as alternatives for lithium ion batteries where the former is lowest cost and mostly used. Large volume, low power & energy efficiency and lower life cycle, together discourage use of Lead acid batteries. Elsewhere, expensive nickel and hydride storage metals dampen the Nickel-hydride batteries demand.
Lithium-sulphur, Lithium air, Zinc air and Hydrogen are the advanced materials for electric cells, fuel cells and hybrid automotive batteries. Cheap sulphur and high capacity Lithium constitute lithium-sulphur batteries that are highly affordable. Lithium air batteries offer improved energy density as they use atmospheric Oxygen and zinc-air batteries offer practically even higher energy density.
Hydrogen fuel cells are presumed as the future targets for their production from low carbon sources and storage with relatively high specific energy, thereby contributing to de-carbonization in transportation sector. Research efforts are directed towards reducing the cost of expensive fuel cell system and hydrogen storage tank which include expensive materials such carbon fiber, platinum, humidifiers and heat exchangers. Improved energy density, cost, specific energy and safety & grid compatibility are the characteristics of advanced materials for electric cells, fuel cells and hybrid automotive batteries that are capable to host the automotive industry in future.
Advanced materials for electric, fuel cells and hybrid automotive batteries market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the advanced materials for electric, fuel cells and hybrid automotive batteries market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the advanced materials for electric, fuel cells and hybrid automotive batteries market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on advanced materials for electric cells, fuel cells and hybrid automotive batteries.
An insightful and deep-dive assessment of the competitive assessment of the advanced materials for electric, fuel cells and hybrid automotive batteries market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the advanced materials for electric, fuel cells and hybrid automotive batteries market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Advanced materials for electric, fuel cells and hybrid automotive batteries market: Research Methodology
Primary sources and secondary sources propel intelligence report on advanced materials for electric, fuel cells and hybrid automotive batteries market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst
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