Lithium-Ion Batteries Market 2020 Technology Advancement and Demand - A123 Systems, Automotive Energy Supply Corp, LG Chem, Panasonic, Samsung SDI

Lithium-Ion Batteries Global Market Report 2020

Safety concerns towards lithium-ion batteries is the major challenge faced by the lithium-ion batteries market. Lithium-ion batteries generate large amounts of energy, associated with the risk of explosion or fire. The temperature in lithium-ion batteries should never rise above 130C which may lead to thermal runaway. Major causes of failure in lithium-ion batteries can be a puncture, overcharge, overheating, short circuit, internal cell failure, and deficiencies in the manufacturing process. For example, the United States Federal Aviation Administration (FAA) reported around 206 airport Li-ion battery explosion incidents between March 1991 and January 2018. Several Tesla Model S sedans caught fire after battery shield getting damaged by road debris in 2013. Therefore, inadequate safety in lithium-ion batteries hindering the lithium-ion batteries markets growth.

The global lithium-ion batteries market was worth $31.36 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 18.16% and reach $61.14 billion by 2023.

Top Leading Companies mentioned are
A123 Systems, Automotive Energy Supply Corp, LG Chem, Panasonic, Samsung SDI, Toshiba, BYD, Automotive Energy Supply Corp, Contemporary Amperex Technology, and Johnson Controls.

Latest news and developments:

October 9, 2019: The Nobel Prize in Chemistry 2019 rewards the development of the lithium-ion battery. This lightweight, rechargeable and powerful battery is now used in everything from mobile phones to laptops and electric vehicles. It can also store significant amounts of energy from solar and wind power, making possible a fossil fuel-free society.

The growth of the lithium-ion batteries market is mainly driven due to the presence of high energy density features in lithium-ion batteries. High energy density helps the lithium-ion battery to run for a longer period. Most of the lithium-ion batteries used in portable devices are cobalt-based which offers the highest energy density. The energy density of the lithium-ion batteries is 100-265 Wh/kg or 250-670 Wh/L, which is one of the highest energy densities of any battery technology. High energy density in a lithium-ion battery made it the most preferred battery to be used in mobile phones, laptops, cameras and automobiles. Therefore, positively impacting the lithium-ion battery markets growth.

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This report provides a detailed analysis of the Lithium-Ion Batteries market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Essential points covered in Global Lithium-Ion Batteries Market2020 Research are:-
o What will the market size and the growth rate be in 2020?
o What are the key factors driving the global Lithium-Ion Batteries market?
o What are the key markets trends impacting the growth of the global Lithium-Ion Batteries market?
o What are the challenges to market growth?
o Who are the key vendors in the global Lithium-Ion Batteries market?
o What are the market opportunities and threats faced by the vendors in the global Lithium-Ion Batteries market?
o What are the key outcomes of the five forces analysis of the global Lithium-Ion Batteries market?

This independent 200 pages report guarantees you will remain better informed than your competition. With over figures examining the Lithium-Ion Batteries market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2020.

Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Lithium-Ion Batteries in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Furthermore, the report provides a detailed analysis of the global Lithium-Ion Batteries market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Lithium-Ion Batteries market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

Reasons for Buying this Report:
o Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
o Create regional and country strategies on the basis of local data and analysis.
o Identify growth segments for Lithium-Ion Batteries.
o Outperform competitors using forecast data and the drivers and trends shaping the market.
o Understand customers based on the latest market research findings.
o Benchmark performance against key competitors.
o Utilize the relationships between key data sets for superior strategizing.
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o Report will be updated with the latest data and delivered to you within 3-5 working days of order.

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The research includes historic data from 2014 to 2020 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Lithium-Ion Batteries on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Lithium-Ion Batteries Market and assist manufacturers and Lithium-Ion Batteries organization to better grasp the development course of Lithium-Ion Batteries Market.

Note: All the reports that we list have been tracking the impact of COVID-19 . Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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