DUBLIN--(BUSINESS WIRE)--The "Lithium-ion Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global Lithium-ion battery market reached a value of around US$ 25 Billion in 2017. The market is further projected to reach a value of US$ 47 Billion by 2023, exhibiting a CAGR of around 11% during 2018-2023.
The Li-ion technology currently holds several advantages over its predecessor Nickel Cadmium. Li-ion batteries provide a significantly high energy density which can be used for powering electronic devices over a longer duration. This is one of the major factors which has been proliferating the growth of the market. Additionally, their low rate of self-discharge and low maintenance effort offer Li-ion batteries an edge over the other substitutes available in the market.
Also, with the development of new variants, the Lithium-ion Battery technology can be enhanced to handle different types of market needs ranging from powering smartphones to electric or plug-in hybrid vehicles. This has, in turn, contributed towards an augmented demand for lithium-ion batteries across the globe. Apart from this, there is a persistent demand for batteries which are energy-efficient, low-cost and environment-friendly in nature. Moreover, the market growth is further catalysed by the strict regulations being implemented by several governments across the globe to reduce pollution.
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global Lithium-ion Battery Market
6 Market Breakup by Product Type
7 Market Breakup by Power Capacity
8 Market Breakup by Application
9 Market Breakup by Region
10 Lithium-ion Battery Manufacturing Process
11 Competitive Landscape
- A123 Systems
- Automotive Energy Supply Corp.
- LG Chem
- Panasonic
- SAMSUNG SDI
- Toshiba
- Amperex Technology (ATL)
- BAK Group
- Blue Energy
- BYD
- CBAK Battery
- Tianjin Lishen Battery
- Valence Technology
- SK innovation
- Hitachi Ltd
For more information about this report visit https://www.researchandmarkets.com/research/nskqrv/lithiumion?w=4