Opportunities for the Nickel in the Automotive Market in the United States


Posted October 6, 2020 by hiteshchawra

Opportunities for the Nickel in the Automotive Market in the United States

 
"According to a new country report published by Lucintel, the future of nickel in the automotive market in the United States looks promising with opportunities for passenger cars and commercial and electric vehicles. The nickel in the automotive market in the United States is primarily driven by increasing penetration of nickel in engines, and the growth of electric vehicle production.

This report studies factors affecting the nickel in the automotive market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that  nickel for batteries is expected to become the largest application ,due to the increasing demand for nickel cathode batteries for electric vehicles. Within the nickel in the automotive market in the United States, electric vehicles is expected to emerge as the largest segment and witness the highest growth over the forecast period due to increased electric vehicle production utilizing nickel content in nickel cobalt aluminum oxide (NCA) and nickel manganese cobalt oxide (NMC) batteries.

Emerging trends, which have a direct impact on the dynamics for nickel in the automotive market by industry, include development of nickel alloy foam and increased nickel content in electric vehicle batteries.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the nickel in the automotive market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Nickel in the Automotive Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the nickel in the automotive market in the United States by application, vehicle type, and material type as follows:

Nickel in the Automotive Market by Application ($ Million and kiloton from 2014 to 2025)
• Exhaust System
• Engine
• Batteries
• Others

Nickel in the Automotive Market by Material Form ($ Million and kiloton from 2014 to 2025)
• Steel Alloy
• Nickel Alloy
• Nickel Cathode
• Cast Iron Alloy

Nickel in the Automotive Market by Vehicle Type ($ Million and kiloton from 2014 to 2025)
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Electric Vehicles

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-nickel-in-the-automotive.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Issued By Hitesh
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Categories Aerospace , Architecture , Blogging
Last Updated October 6, 2020