Press release
Lithium Ion Cell and Battery Pack Market - Growth Factors, Applications, Regional Analysis, Key Players and Forecast
The lithium ion cell and battery pack market is gaining momentum as lithium-ion batteries offer advantages of higher efficiency and longer lifespan over other batteries such as lead acid ones. The rising demand for electronics with improved battery life and superior performance is expected to stir demand for lithium-ion batteries among manufacturers of consumer electronics. This is because lithium-ion batteries satisfy the demand for high power density needed by handheld devices for wireless data transmission and brighter resolution.The increasing use of lithium ion batteries in barcode and RFID scanners due to their high energy density is also influencing the growth of lithium ion cell and battery packs market. Furthermore, the use of these batteries is rapidly gaining momentum in automotive, industrial, and energy sectors with the rising shift for sustainable clean fuels.
However, factors such as high prices of lithium-ion batteries that make them unsustainable for prolonged use such as in electric vehicles and their lower thermal stability are restraining the market’s growth.
The global lithium ion cell and battery pack market is expected to grow at a CAGR of 12.0% between 2017 and 2025. The market stood at a valuation of US$32.17 bn in 2016 and is expected to reach a valuation of US$88.92 bn by 2025.
Get an exclusive sample of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=26408
Consumer Electronics Application Segment to Continue to Lead in Coming Years
In terms of power capacity, the lithium ion cell and battery pack market has been segmented into 5-25 Wh, 48-95 Wh, 18-28 KWh, 100-250 KWh, more than 300 KWh. Among these, 100-250 KWh stood as the most attractive segment in 2016 based on power capacity. The growth of this segment is primarily driven by demand for high capacity batteries for specific applications such as in high loading electric vehicles. The 18-28 KWh and more than 300 KWh segments are also expected to display considerable growth due to their applications in grid energy production.
In terms of pack type, series battery pack, parallel battery pack, and others are the segments into which the lithium ion cell and battery pack market is divided. The other battery pack stood as the leading segment in 2016 commanding a share of 83.9% in the overall market. The other battery pack segment is expected to lead throughout the forecast period attributed to their extensive applications across industry verticals. On the other hand, series and parallel battery packs have lower market shares due to their specific applications.
On the basis of shape, cylindrical, polygon, prismatic, and coin among others are segments into which the lithium ion cell and battery pack market is segmented.
By application, the market has been segmented into consumer electronics, medical, automotive, grid energy, and industrial among others. Consumer electronics leads the lithium ion cell and battery pack market with the segment holding 57.5% of the market in 2016. The segment is expected to lead over the forecast period due to their increasing application in consumer electronics.
Browse Press Release of this Research Report @ https://www.transparencymarketresearch.com/lithium-ion-cell-battery-pack-market.html
Asia Pacific Attracts Investments from Global Players
North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa are the segments into which the lithium ion cell and battery pack market is divided based on geography. In 2016, Asia Pacific contributed the leading revenue of almost 72.3% to the overall market in 2016. The expanding consumer electronics, automotive, and grid energy supplies exhibit a substantial demand for lithium-ion batteries is attracting investments from key market players.
Some of the top companies operating in the global lithium ion cell and battery pack market are Panasonic Corporation, Samsung SDI Co. Ltd., Toshiba Corporation, Hitachi Chemical Co. Ltd., Automotive Energy Supply Corporation, GS Yuasa International Ltd., Johnson Controls Inc., Shenzhen BAK Battery Co. Ltd., Future Hi-Tech Batteries Limited, Tianjin Lishen Battery Co. Ltd., Hunan Shanshan Toda Advanced Materials Co. Ltd., LG Chem, Power Inc., Amperex Technology Ltd., and Pulaed Technology Industry Co. Ltd. among others.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.co
Website: http://www.transparencymarketresearch.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 Cell and Battery Pack Market - Growth Factors, Applications, Regional Analysis, Key Players and Forecast here
News-ID: 794575 • Views: …
More Releases from Transparency Market Research
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the…
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359
Key Players and Market Developments
Key players…
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period.
Moreover, the market is expected…
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market.
Vascular closure devices is estimated to reach a value of ~US$ 1 Bn…
More Releases for KWh
Calculate the possible Water Storage - Online heat to kwh
Water is often used to store electricity. Consider also your shower temperature is not 60 degrees, you mix cold water.
All you have to do is to define the Storage in Liter, the Temperatur of the storage and the temperature in the pipe.
The online Heat to kWh Calculator immediately diplays the possible used/stored electricity in kWh.
http://www.pv4.eu/kwh-to-heat_717.html
en español:
Calculadora de kWh a calor: solar o fotovoltaica a kWh a calor de agua
http://www.pv4.eu/es/calculadora-de-kwh-a-calor-solar-o-fotovoltaica-a-kwh-a-calor-de-agua_486.html
Photovoltaic…
Dry Sanding Machines Market Analysis Revealing Cost Structure, Key Drivers, Mark …
The sand processing is used in the industries dedicated to repair of automobiles and business vehicles. the sanding procedure involve roughly more than half of the time spent amid the whole procedure of preparation and paint application, thus it is important to know the kind of sandpaper, sander and reasonable process with a specific end goal to improve and accomplish high end on the work piece. The sanding activity is…
Automotive Lithium-Ion Battery Market Analysis By Power Capacity (5-25 Wh, 48-95 …
Lithium ion (Li-ion) batteries are commonly used type of rechargeable batteries with twice the energy density of Nickel-Cadmium batteries and greater stability and safety. Lithium (Li) is the lightest of all metals, has the greatest electrochemical potential, and provides the largest energy density for weight. Automotive Li-ion batteries use an intercalated lithium compound as one electrode material, compared to the metallic lithium used in a non-rechargeable lithium battery. The electrolyte,…
Containerized Solar Generator Market 2018 to 2025 Storage Capacity (10-40 KWH, 4 …
Containerized solar generator is the transformation of energy from sunlight into electricity, either directly using photovoltaic (PV) or using a concentrated solar power, or a combination of both. These solar systems use lenses or mirrors and a tracking systems to focus a large area of sunlight into a small beam.
Uninterrupted power supply and the ease to be incorporated into the grid are the major drivers which help in surging the…
SCR Catalysts Market Research 2018 – Topsoe, KWH, BASF, Argillon, Cornetech, H …
Qyresearchreports include new market research report “Global SCR Catalysts Market Professional Survey Report 2018” to its huge collection of research reports.
The intensive report here gathers the numerous points of view to be considered with regard to the global SCR Catalysts market which verbalizes the present-day information and future predictions with reference to the dynamic forces at play. The prime purpose behind the study is to offer the reader with a…
SCR Catalysts Market Report 2017: Topsoe, KWH, BASF, Argillon, Cornetech
In this report, the global SCR Catalysts market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of SCR Catalysts for these regions, from 2012 to 2022 (forecast),…
