Lithium-Ion Battery Market Trend 2018- 2025 By Key Players: MGX Minerals Inc, Albemarle Corporation, FMC Corporation, Tesla Inc and Lithium Americas Corp

The global Lithium-Ion battery market was valued at USD 26.4 billion in 2016 and has been expected to grow at approximately 15.6% CAGR from 2018 to 2025.

A recent market study on the Lithium-Ion Battery market applies both primary and secondary research techniques to identify new opportunities for development for the Lithium-Ion Battery market for the forecast period, 2018 -2025.The research further screens and analyses data on the market share, growth rate and size to enable stakeholders, product owners and field marketing executives identify the low-hanging fruits and reap a significant return on their investment.

This report focuses on the global top manufacturer MGX Minerals Inc., Albemarle Corporation, FMC Corporation, Tesla Inc and Lithium Americas Corp

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Lithium Ion batteries are unmatched in their combination of power density and high energy, and possess a unique ability of being able to handle hundreds of recharge cycles, as compared to other batteries. It is due to this, the market has witnessed a surge in demand mostly due to its usage in numerous consumer electronics including MP3 players, smartphones, laptops, tablets, digital cameras among others.

Furthermore, the onset of electric vehicles, in light of growing concerns about the environment, fossil fuel emissions and power production, alongside the growth of the renewable energy sector has also contributed to an increase in demand for these batteries.

There is a demand for these batteries in niche industries like e-cigarettes, vaporizers as well as huge industries like medical instruments, toys, electric tools and lighting due to their versatility.

Due to the rapidly growing nature of this industry, it has attracted numerous newcomers and has forced older manufacturers to intensify their efforts. Innovation and enhancement of technology is considered the main criteria for vendors to meet the demand in the market.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:

• Lithium Cobalt Oxide (LCO)
• Lithium Iron Phosphate(LFP)
• Lithium Manganese Oxide (LMO)
• Lithium Nickel Cobalt Aluminum Oxide (NCA)
• Lithium Nickel Manganese Cobalt Oxide (NMC)
• Lithium Titanite Oxide Batteries(LTO)

Extensive data on market segmentation

The Lithium-Ion Battery report divides the market of potential buyers into different groups, or segments/sub segments, based on various characteristics. The segments and sub segments identified contain buyer who are expected to respond or react similarly to certain products and services. The report further finds out consumers who share traits including similar expectations, interests, geography and needs. The segmentation sheds light on how some customers are likely to purchase a product or service than others to enable marketers allocate their focus as well as resource.

Market share

The report discovers market’s total sale that is generated by a particular firms over a time period. Industry experts calculate share by taking into account the product sales over a period and then dividing it by the overall sales of the Lithium-Ion Battery industry over a defined period. Subject matter experts further use this metric to offer a general idea of the share and size of a firm and its immediate rivals. By providing an in-depth knowledge of the position a company as well as an entrepreneur holds in the Lithium-Ion Battery market

Attracting the target audience

First, the comprehensive report finds out why customers need a certain product or service. The study focuses on what problems a certain product and service can solve. Apart from target demographics industry experts weigh up on the factors including audience type, as well as others vital attributes about the target customer segment.

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The research provides answers to the following key questions:

• What will be the size of the market and the growth rate for the forecast period? 2018 - 2025?
• Which key driving forces will keep create more opportunities for the Lithium-Ion Battery market in years to come?
• Which are the most prominent players operating in the Lithium-Ion Battery market? What have been their winning strategies so far?
• Which trends from the yesteryears or the future are likely to shape the progress of the Lithium-Ion Battery market across different regions?
• What are the threats and challenges that can act like a barrier and restrict the development of the Lithium-Ion Battery market?
• What are the future opportunities for prominent market players?

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Key elements from table of content:

Chapter 8. Company Profiles

8.1. MGX Minerals Inc

8.1.1. Company Overview

8.1.2. Financial Performance

8.1.3. Strategic Initiatives

8.2. Albemarle Corporation

8.2.1. Company Overview

8.2.2. Financial Performance

8.2.3. Strategic Initiatives

8.3. FMC Corporation

8.3.1. Company Overview

8.3.2. Financial Performance

8.3.3. Strategic Initiatives
Continued….

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