Microhybrids to Grow to 39 Million Vehicles in 2017 Creating a $6 9 Billion… — Volkswagen 2017

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Volkswagen 2017

Micro-hybrids to Grow to 39 Million in 2017, Creating a $6.9 Battery Market

Driven by emission standards and fuel micro- and mild-hybrids are emerging as a alternative to pure hybrids and vehicles, says Lux Research.

31, 2012 07:30 AM Eastern Time

BOSTON—( BUSINESS )—Micro-hybrids will grow eight-fold to 39 million vehicles in and create a $6.9 billion for energy storage devices as the alternative technology finds adoption, driven by stricter standards, according to a Lux Research titled, “Every Last Micro- And Mild Hybrids a Huge Market for Fuel-Efficient .”

Micro-hybrids, which use a small to provide varying degrees of features, will dominate the market, gaining 42% of the overall vehicle market. Simultaneously, the hybrids — superior to micro-hybrids but not as as pure hybrids — will from near-zero to 1.5 million in 2017, accounting for 1.6% of the market.

“Micro-hybrids will over the automotive market, mild hybrids will the excessive build-out of Li-ion to grow,” said Kevin Lux Research Analyst and lead of the report. “Micro-hybrids and, to a extent, mild hybrids, a cost-effective solution to fuel to bridge the gap to more disruptive like alternative fuels, vehicles, and fuel cell


To estimate adoption rates for and mild hybrids, Lux researchers in the adoption of other fuel-saving and modeled cost impact besides estimating the costs of replacement and maintenance for these vehicles. Among their

Volkswagen 2017

Europe will lead China and the U.S. in tow. will continue its leadership in the market, growing over to 12.6 million units in the five years. China see explosive 81% annual growth to 8.9 million units in 2017 and the will zoom from levels today to over 8 in 2017. Medium micro-hybrids A low price premium, fuel of up to 10% and a relatively easier manufacturing will propel medium to the top of the alternative auto market the next five years. vehicles will grow at 36% to 22.2 million vehicles in driven largely by the European and automakers like Volkswagen. AGM technology will grow Absorbed glass mat (AGM), batteries will dominate the for storage of micro-hybrids, growing at 46% to nearly $4 billion in 2017. In hybrids, Li-ion will out a niche, growing from to nearly $570 million in capturing a 47% market share plug-in vehicles.

The report, titled “Every Drop: Micro- And Mild Drive a Huge Market for Vehicles,” is part of the Lux Research Vehicles Intelligence service.

About Lux Research

Lux Research strategic advice and on-going for emerging technologies. Leaders in finance and government rely on us to them make informed decisions. Through our unique approach focused on primary and our extensive global network, we insight, connections and competitive to our clients. Visit www.luxresearchinc.com for information.

Volkswagen 2017
Volkswagen 2017
Volkswagen 2017
Volkswagen 2017

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