Lithium Ion Market, by Product Type, By Application, By Technology, By Distribution Channel, By Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2025
Lithium Ion Battery Market Research Report, identifies new revenue opportunity in lithium ion battery industry. The report aims at estimating the market size and future growth of the lithium ion battery based on offering, process, application, vertical, and region.
The Lithium ion battery market is anticipated to reach US $71.0 billion by 2025 from US$ 26.9 billion in 2018 thereby registering a moderate CAGR growth rate of 14.9% during the forecast period.
Lithium Ion Battery Market Research Report, identifies new revenue opportunity in lithium ion battery industry. The report aims at estimating the market size and future growth of the lithium ion battery based on offering, process, application, vertical, and region
Latin America lithium ion battery market will witness strong growth owing to increasing investment toward development of renewable grid infrastructure.
[172 Pages] Lithium Ion Battery Market Research Report, identifies new revenue opportunity in lithium ion battery industry. The report aims at estimating the market size and future growth of the lithium ion battery based on offering, process, application, vertical, and region
Lithium Ion Battery Market is predicted to surpass USD 60 billion by 2024.
The lithium ion battery market is growing at a considerable rate due to exponential growth of smartphones and tablet pc market, improving efficiency of lithium ion batteries, increased use, and growing demand of the lithium ion batteries from automotive sector.
Lithium Ion Battery Cells Market Analysis Report 2014-2025: Industry Overview, Segment, Type, Application, Competition, Demand, Updated results, Price, History and key players, Growth rate, Future Trends, Forecasts till 2025.
The Lithium Ion Battery Market research study involved the extensive use of both primary and secondary sources. The global Market research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.
Top key Players in the Lithium Ion Battery Market include are BYD Company (China), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), BAK Group (China)
[173 Pages Report] The overall lithium ion battery market is expected to grow from USD 37.4 billion in 2018 to USD 92.2 billion by 2024, at a CAGR of 16.2%
The newly added Lithium Ion Battery Market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2018-2025. Further, this report also highlights smart strategy adopted by major players and also their market share. Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.
The increasing demand of energy-efficient, safe, and low-cost batteries is the key factor driving the growth of the lithium ion battery market. The market was valued at USD 23.51 billion in 2015 and is expected to grow at a CAGR of 16.6% between 2016 and 2022.
The Global Graphite Market is anticipated to be driven by growing demand for usage in batteries, which are experiencing growth due to increased electronic equipment usage.
Growing number of electronic components in automobiles is recognized as one of the primary growth factors for automotive battery market. Passenger cars witnessed the high adoption of electronic solutions such as safety, comfort, infotainment systems on the back of technological advancements.
Electrical power generated requires to be stored efficiently to use it in times of high demand of energy than supply of energy. Battery energy storage system is one used for the very purpose, using different kinds of batteries. Lithium-ion and lead acid batteries are preferred in general application.
Increasing demand for electric vehicles, stringent government regulations to reduce pollution, and higher energy requirement for new consumer gadgets are expected to boost the growth of the global lithium-ion battery market
The global lithium-ion battery market is witnessing a significant growth with regards to the extensive adoption of Li-ion batteries in consumer electronics, energy storage systems, medical & healthcare, and electric vehicle. Another factor boosting the lithium-ion battery market growth in the current scenario is the several initiatives taken by the various governments of developing countries as well as developing economies for the adoption of sustainable transportation.
Global lithium-ion battery market is expected to reach USD 67.70 billion by 2022, growing at a CAGR of 13.70% between 2017 and 2022.
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