Lithium Ion Battery Market Global 2019 Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast To 2024

The "Lithium Ion Battery Market" report presents an in-depth assessment of the Lithium Ion Battery including enabling key trends, market drivers, challenges, deployment case studies, standardization, opportunities, future roadmap, value chain, Top key player profiles and strategies. The report also presents market size forecasts from 2018 till 2024.

The Lithium Ion Battery Market is estimated to grow from US$ 37.4 Billion in 2018 to US$ 92.2 Billion by 2024, at a CAGR of 16.2% between 2018 and 2024. This report spread across 173 Pages, Profiling 10 Companies and Supported with 66 Tables and 62 figures is now available in this research.

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Major Vendors profiled in the Lithium Ion Battery Market:
o BYD Company (China)
o LG Chem (South Korea)
o Panasonic (Japan)
o Samsung SDI (South Korea)
o BAK Group (China)
o GS Yuasa (Japan)
o Hitachi (Japan)
o Johnson Controls (Ireland)
o Toshiba (Japan)

The market for automotive industry is estimated to grow at a higher CAGR during the forecast period. Semiconductors and electronic products require high accuracy and extreme precision, along with high output. Factors contributing to the growth of the automotive industry in the lithium ion battery market include rising demand for energy-efficient solutions, high power and energy density, high-level safety, increased venture capital funding, and initiatives taken by government bodies to encourage the adoption of lithium ion batteries worldwide.

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The market in APAC is estimated to grow at a higher CAGR during the forecast period. Countries such as China, the Netherlands, and Germany have taken many initiatives and are setting strict regulations to support the growth of the electric vehicles market, which is expected to support the growth of the lithium ion batteries market.

The Study Objectives of this report are:
o To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the lithium ion battery industry

o To describe and forecast the lithium ion battery market, in terms of value, by region--North America, Europe, Asia Pacific (APAC), and RoW

o To strategically analyze micromarkets with regard to individual growth trends, prospects, and contributions to the total market

o To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders

o To describe and forecast the lithium ion battery market, in terms of value, by type, power capacity, and industry

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