Lithium Ion Battery Market Release involving Panasonic Corporation, GS Yuasa International Ltd, A123 Systems and other Global Key Players by WMR
Increase in energy requirements by consumer gadgets due to continuous increase in the number of features is anticipated to create numerous growth opportunities for the players operating in the market. With the help of technological advancements, the prominent market players are manufacturing various lithium-ion batteries with higher capacity to cater to the increasing demands of the battery users. For instance, in 2014, AES Corporation announced to launch the worlds largest lithium-ion battery capable of providing 400 MW of power. This battery is expected to replace batteries of old gas plants, which were used for power generation. Moreover, in 2014, Tesla announced to build a battery plant known as GigaFactory in Nevada, U.S., which was expected to initiate the production of lithium-ion cell in 2017. This project is anticipated to reduce the price of Li-ion batteries owing to mass production.
The market is segmented based on component, end-use industry, and region. The component segment is divided into cathode, anode, electrolytic solution, and others (foils, binders, and separators). The end-use industry segment is categorized into electrical & electronics, automotive, industrial, and others (medical, military, and textile).
Based on region, the lithium-ion battery market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Some of the key players operating in this market include Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI), LITEC Co., Ltd., A123 Systems, LLC, Toshiba Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and GS Yuasa International Ltd. The other players in the market (not included in the report) include Tesla, Johnson Controls International Plc., Saft Batteries, and BYD Company Ltd.
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Key Benefits for Lithium Ion Battery Market :
The report provides extensive qualitative and quantitative analyses of the current trends and future estimations of the global lithium ion battery market from 2017 to 2025 to determine the prevailing opportunities.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume.
Profiles of leading players operating in the global lithium ion battery market has been provided, and this helps can be useful for understanding the competitive scenario globally.
The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
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Lithium Ion Battery Key Market Segments :
By End-Use Industry
Electrical & Electronics
Smartphones & Tablet/PC
Car, Bus, & Truck
Scooter & Bike
Train & Aircraft
Crane & Forklift
Smart Grid & Renewable Energy Storage
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
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