Press release
Latest Trending Report of Global Lithium-ion Battery Market Will Grow At CAGR Of 11.34% Between 2017-2021 : SAMSUNG SDI, Panasonic, LG Chem, Johnson Controls, SK innovation, Li-Tec Battery
About Lithium-ion Battery
Lithium-ion batteries are rechargeable batteries in which carbon serves as an anode and Lithium-ion acts as a cathode. The advantage of using these batteries is that they increase the thermal stability, have higher current density, and have a longer shelf life than other battery technologies available in the market. Lithium-ion batteries are used in high power applications such as hybrid electric vehicles (HEVs), electric vehicles (EVs), and consumer electronics devices. One of the key reasons for this significant growth is the increased adoption of EVs and HEVs worldwide. In 2016, APAC dominated the Li-ion battery market, followed by the Americas and EMEA.
Technavios analysts forecast the global lithium-ion battery market to grow at a CAGR of 11.34% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global lithium-ion battery market for 2017-2021. To calculate the market size, the report considers the cumulative sales in the market and exclude aftermarket.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Lithium-ion Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
A123 Systems
Automotive Energy Supply
LG Chem
Panasonic
SAMSUNG SDI
Toshiba
View Complete TOC with tables & Figures @ https://www.researchmoz.us/global-lithium-ion-battery-market-2017-2021-report.html/toc
Other prominent vendors
Amperex Technology (ATL)
BAK Group
Blue Energy
BYD
CBAK Battery
Coslight India Telecom
E-One Moli Energy
GS Yuasa
Hitachi Chemical
Johnson Controls
Kokam
Li-Tec Battery
MANZ
Maxell
NEC Energy Solutions
Saft
SK innovation
SONY
Tianjin Lishen Battery
Valence Technology
Market driver
Augmented demand from consumer electronics market due to enhanced consumer spending
For a full, detailed list, view our report
Market challenge
Growing popularity of fuel cell solutions
For a full, detailed list, view our report
Browse Report @ https://www.researchmoz.us/global-lithium-ion-battery-market-2017-2021-report.html
Market trend
Legislative support for battery recycling
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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