Report on major growth driver of Next Generation Batteries Market-Forecast to 2027

Market Synopsis of Next Generation Batteries Market:
Market Scenario
The major growth driver of Next Generation Batteries Market includes growing adoption of e-mobility industry, growing electric vehicle market, and growing consumption of consumer electronic appliances which is building demand for efficient power storage systems among others.
Hence the market for Next Generation Batteries is expected to grow (2016-2027).
However, technological limitation and high initial cost are some of the major factors which are hindering the growth of Next Generation Batteries Market.

Segments

Global Next Generation Batteries Market can be segmented as follows:
• Segmentation by Type: Li-ion battery, Ni-Cd battery, and Ni-metal hydride battery among others.
• Segmentation by Application: Automotive, Transportation, Aerospace & defence, industrial, Oil & gas, among others.
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Key Players
Some of the major players in Global Next Generation Batteries Market include:
• Hitachi(Japan),
• LG Chemicals (South Korea),
• Panasonic (Japan),
• Saft group (France),
• Samsung (South Korea),
• Sanyo (Japan),
• Mitsubishi Chemical (Japan),
• Toshiba (Japan),
• Envia Systems Inc.(U.S.)
• Uniross Batteries (South Africa) among others.
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Objective of Next Generation Batteries Market Study:
• To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global Next Generation Batteries market.
• To provide insights about factors affecting the market growth.
• To analyze the Next Generation Batteries Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
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Industry News:

• Hitachi has announced in June 2016 about its expansion of energy solution businesses in North America. This business will provide solution which can utilize digital technology, and IOT.
• LG Chem has announced in year 2015 about its expansion of its TFT-LCD polarizer production in China. The expansion would increase LG Chem annual production capacity and would increase its client base.

Regional Analysis of Next Generation Batteries Market:
North America is expected to dominate the Global Next Generation Batteries Market with the largest market share due to growing electric vehicle market and government policies which are encouraging batteries market in U.S. region, and therefore is expected to grow by 2027. Next Generation Batteries Market in Asia-Pacific market is expected to grow by 2027. The Europe market for Next Generation Batteries Market is expected to grow (2016-2027).
The reports also cover brief analysis of Geographical Region including:
Americas
North America
• US
• Canada
Latin America
Europe
Western Europe
• Germany
• France
• U.K
• Rest of Western Europe
Eastern Europe
Asia– Pacific
Asia
• China
• India
• Japan
• South Korea
• Rest of Asia Pacific
The Middle East & Africa

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Akash Anand,
Market Research Future
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Email: akash.anand@marketresearchfuture.com

This release was published on openPR.