Automotive Glove Box Market Share

Automotive Glove Box Market Share Analysis

Li-ion batteries have become the standard for modern electric vehicles because they offer better energy densities compared to other types of batteries. This means they can be smaller in size but still store the same amount of energy. Li-ion batteries are known for their high specific energy (up to 140 Wh/kg) and energy density. Ongoing developments in Li-ion batteries are expected to create opportunities for the glove box market.

The sales of electric vehicles have increased significantly, by 775% in 2017 compared to 2013. This growth is expected to create opportunities for the demand and development of Li-ion batteries. Battery manufacturing companies are working hard to meet the rising demand for Li-ion batteries. For example, in 2019, Nissan Motor Co., Ltd. introduced the LEAF e+, which uses a new module structure that allows flexibility in customizing the number of cells. This innovation helps create the optimal battery module shape and height to best fit the vehicle platform and customer needs.

Glove boxes are essential in the production of lithium-ion batteries because they need a moisture-free inert atmosphere. This environment is crucial for the assembly of Li-ion batteries, allowing for the monitoring and maintenance of the production conditions to ensure better quality control. Therefore, the ongoing developments in lithium-ion batteries present an opportunity in the global market for glove boxes.