Lithium-ion Battery Market Set for Rapid Industry Growth, to reach around $951570 Million by 2025 with a CAGR of +14%

According to the new research report published by The Insight Partners, titled "Lithium-ion Battery - Global Analysis and Forecast to 2025", The global lithium-ion battery market is expected to grow at a CAGR of 14.9% during the forecast period 2018 - 2025, to account to US$71.04 Bn by 2025.

Li-ion batteries are used in a wide range of applications such as consumer electronics, automotive, energy storage systems, aerospace & defense, and medical & healthcare. These industries highly depend on Li-ion battery for powering electronic devices, medical devices, power systems, and electric vehicles including many others.

Some of the Prominent Players Operating in Lithium Ion Battery Market are: Tesla Motors Inc., Panasonic Corporation, Toshiba Corporation, Samsung SDI Co. Ltd., Automotive Energy Supply Corporation, Hitachi Chemical Co. Ltd., LG Chem Power Inc., GS YUASA Corporation, A123 Systems LLC, and Johnson Controls, Inc. among others.

Get Research Sample Copy on "Lithium Ion Battery Market" - https://www.theinsightpartners.com/sample/TIPTE100001053/?utm_source=OpenPR&utm_medium=10129

Key findings of the study:
o Asia-Pacific is anticipated to account the largest lithium-ion battery market share and would register a CAGR of 14.6%.
o Based on the type, Li Co oxide is projected to dominate the lithium-ion battery market.
o >60,000 mAh led the lithium-ion battery market by power capacity in 2020.
o In 2020, automotive segment dominated the market by application.

The report on the area of Lithium Ion Battery by Insight Partners includes extensive primary research and detailed analysis of the qualitative and quantitative aspects of various industry experts, key opinion leaders, to better understand the performance of the Lithium Ion Battery Market.

In 2017, Asia Pacific accounted for the largest revenue share in the lithium-ion battery market. High market share is primarily due to presence of major PEV and PHEV vehicle and E-Bike manufacturers such as BYD, KANDI, Zotye, Phylion and others. The region also includes the presence of high volume (units) electronic device product manufactures such as Toshiba and Samsung. Further, banning of fuel powered motorcycles in China has also resulted the increase penetration of Li-Ion batteries from 6% to 17% in the country. Further, government initiatives to promote in-house manufacturing in developing countries across the region is driving the sales of electronic components in the region thereby the paving the way for growth of Li-ion battery market.

GLOBAL LITHIUM ION BATTERY - MARKET SEGMENTATION

Lithium Ion Battery Market - By Type
o Lithium Cobalt Oxide
o Lithium Iron Phosphate
o Lithium Titanate Oxide
o Lithium Manganese Oxide
o Lithium Nickel Manganese Cobalt Oxide

Lithium Ion Battery Market - By Power Capacity
o 0 to 3000 mAh
o 3000 to 10000 mAh
o 10000 to 60000 mAh
o >60000 mAh

Lithium Ion Battery Market - By Application
o Consumer Electronics
o Automotive
o Industrial Energy Storage Systems
o Aerospace and Defense
o Medical Devices
o Others

The report presents the current market analysis scenario, future and future opportunities, revenue growth, prices and profitability. The proprietary data in this report is collected by The Insight Partner's dedicated research and analysis team of experienced professionals with advanced statistical expertise and various customization options in the existing study.

Key Benefits of Buying this Research Study:
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Lithium Ion Battery Market
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Lithium Ion Battery Market, thereby allowing players to develop effective long term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Buy Now This Report @ https://www.theinsightpartners.com/buy/TIPTE100001053/?utm_source=OpenPR&utm_medium=10129

Contact Us
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The Insight Partners,
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Website: https://www.theinsightpartners.com/

About The Insight Partners
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Chemical, Food, Automotive and Defence.

This release was published on openPR.