Press release
Lithium-Ion Battery Market is expected to grow at a CAGR of 18% during 2021-2027
Lithium-ion batteries are widely used in electronic devices such as tablets, laptops, mobile phones, PCs, and cameras due to their prolonged service life and high energy density. Among all electronic devices, smartphones, tablets, and laptop/PCs are the major segments that use lithium-ion batteries. In the current business scenario, efficiency of batteries is one of the vital features that are required for the improved sale of electronic devices across the globe.Primarily, smartphones, tablets, and laptop/PCs are witnessing higher sales, compared to other electronic gadgets, due to their improved performance coupled with low prices. Battery back-up is considered as one of the important features consumers enquire before buying any tablet, mobile phone, or laptop/PC. As Li-ion batteries provide enhanced battery life, they are majorly preferred in smartphone manufacturing, which, in turn, is expected to enhance the product demand over the coming years.
Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/1380
The global lithium-ion battery market is segmented by end-use industry into electrical & electronics, automotive, and industrial, with others which include medical, military, and textile industries. The electrical & electronics segment was the highest contributor to the market.
Electrical & electronics end-use industry is further segmented into smartphones, tablet/PC, UPS, and others. The automotive segment is estimated to grow with a CAGR of 19.1% in the near future.The automotive end-use segment is further segmented into cars, buses, trucks, scooters & bikes, and trains & aircrafts, cranes & forklift, mining equipment, and smart grid & renewable energy storage.
Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the lithium-ion battery market during the analysis period, owing to rise in demand from consumer electronics segment and increase in number of electric vehicles (EVs) in China, Japan, and India. Lithium-ion batteries are extensively used in the automotive sector in North America and Europe. However, Asia-Pacific and LAMEA regions are expected to grow rapidly, owing to surge in adoption of these batteries in smartphones, tablets, and laptops/PCs.
For Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/1380
Some of the key players operating in the global lithium-ion battery 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. among others.
Several key players operating in the global lithium-ion battery market are constantly adopting several strategic moves such as business agreements, expansion plans, company mergers & acquisitions, along withvarious joint ventures, toenhance theirposition in the market. For instance, in September 2017, Maruti Suzuki India Ltd. collaborated with Toshiba and Denso to starta lithium-ion battery production facility in India. Toshiba is responsible for cell modules in this collaboration.
Get detailed COVID-19 impact analysis on the Lithium-Ion Battery Market@ https://www.alliedmarketresearch.com/request-for-customization/1380?reqfor=covid
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lithium-Ion Battery Market is expected to grow at a CAGR of 18% during 2021-2027 here
News-ID: 2265172 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for PCs
Customized Sunlight Readable Industrial Panel PCs
Customized sunlight readable industrial panel PCs are specifically designed for industrial applications where high visibility and readability under direct sunlight are crucial. These devices incorporate several key features to ensure optimal performance in harsh environments.
Key Features:
1. High-Brightness Display: Equipped with high-brightness displays, often exceeding several hundred or even a thousand nits, ensuring clear visibility even in bright sunlight.
2. Anti-Glare Technology: Utilize anti-glare screens or coatings to minimize reflections from direct…
Panel PCs Market 2022 | Detailed Report
The Panel PCs research report undoubtedly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect window that provides an explanation of market classification, market definition, applications, market trends, and engagement. The competitive landscape is studied here in terms of product range, strategies, and prospects of the market's key players. Furthermore, the report offers insightful market data and information about the Panel PCs…
Global Silicon Carbide Wafer Sales Increased From 284 K Pcs In 2013 To 425 K Pcs …
New report published by Global Info Research which offers insights on the global Silicon Carbide Wafer market.
SiC single crystal wafers have excellent heat resistance and voltage resistance compared to silicon wafers that are widely used for semiconductors. SiC single crystal wafers can remarkably reduce energy loss during electric power control, significantly contributing to the reduction of energy use and environmental stress. They are highly expected as substrate materials for the…
aviationexperts PCS launches #FutureOpsLab
Frankfurt based aviation consulting boutique aviationexperts PCS has launched a platform to develop new, digital concepts for the future of airline operations.
"Digitization is everywhere these days, and there are amazing opportunities for airlines", says Benjamin Walther, Managing Director of the firm.
"When we talk to airlines, we feel that there is a certain awareness for these opportunities. However, most carriers are extremely hesitant when it comes to really embrace new technologies."
"We…
i7 PCs with optimised cooling
The processing of image data is processor-intensive. Whether for video monitoring of traffic flow or imaging techniques for medical technology: processor power is demanded. However, powerful processors develop extreme temperatures when constantly burdened and these must be dissipated as fast and as efficiently as possible. The new ECS-5600 series Box PCs from acceed solve this task with optimised coolers. Moreover, they offer the required high processor power for image processing…
New Kontron Embedded Box PCs CB 511 and CB 753: Robust and fanless multi-purpose …
Eching, Germany, March 24, 2011 – Kontron has announced two new robust and fanless Embedded Box PCs which feature a range of industrial interfaces, the ultra-compact Embedded Box PC CB 511 and the Embedded Box PC CB 753. The Kontron Embedded Box PC CB511, which has been developed to operate in especially tough environmental conditions, and is equipped with an Intel Atom N270, boasts excellent energy efficiency and is designed…
