Discussions

 

 

Booming consumer electronics market, growing demand for uninterrupted power & grid stability and increasing demand for electric vehicles to drive demand for global lithium-ion battery market

According to a recently published TechSci Research report “Global Lithium ion Battery Market By Type, By End User, By Region, Competition Forecast and Opportunities, 2011 – 2021”, the global lithium-ion battery market is projected to grow at a CAGR of more than 17% during 2016 - 2021, on account of surging demand for portable and stationary energy storage, increasing environmental concerns and escalating number of solar & wind projects. Lithium-ion batteries are being increasingly preferred over traditional lead acid batteries for power storage purposes in renewable power projects as well as residential and commercial set-ups, globally. Demand for energy is forecast to increase from 12,928.4 Million Ton Oil Equivalent (MTOE) in 2014 to 17,000 MTOE by 2020. Anticipated growth in global energy demand is expected to boost adoption of lithium-ion batteries over the course of next five years.

Electric vehicles running on lithium-ion batteries constitute one of the fastest growing clean energy segments across the globe. As of 2015, around 95% of hybrid electric vehicles plying on the roads, globally, were using lithium-ion batteries. It is estimated that more than 350,000 electric cars were sold worldwide in the same year, and most of these cars run on lithium-ion batteries. Moreover, continuing surge in sales of smartphones is another major factor driving demand for lithium-ion batteries. Globally, smartphone sales are forecast to increase from an estimated 1.89 billion units in 2015 to 2.61 billion units by 2019. 

Electric Vehicle Sales, By Country, By Number of Units Sold and Percentage Share in Total Automobile Sales, 2015-Q1

Browse 5 market data Tables and 120 Figures spread through 240 Pages and an in-depth TOC on "Global Lithium-ion Battery Market"

https://www.techsciresearch.com/report/global-lithium-ion-battery-market-by-type-lithium-nickel-manganese-cobalt-li-nmc-lithium-iron-phosphate-li-ip-lithium-cobalt-oxide-li-co-etc-by-end-user-by-region-competition-forecast-and-opportunities-2011-2021/715.html

Lithium Nickel Manganese Cobalt (Li-NMC) dominated the global lithium-ion battery market in 2015, and the segment is anticipated to maintain its dominance over the next five years as well. Consumer electronics is the largest end user of lithium-ion batteries across the globe as Lithium-ion batteries are one of the most popular types of rechargeable batteries for portable electronics, with a high energy density, negligible memory effect and low self-discharge. In 2015, Asia-Pacific dominated the global lithium-ion battery market, followed by North America, Europe, Middle East & Africa and South America.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=715

Customers can also request for 10% free customization on this report.

“Governments across various countries have adopted policy measures to support adoption of electric vehicles integrated with lithium-ion batteries. These measures include provision of incentives, tax rebates, subsidies, etc., which help in the reduction of total cost of ownership of electric vehicles in their entire lifecycle. Backed by anticipated rise in sales of electric vehicles, the global lithium-ion battery market is expected to register healthy growth rate over the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Lithium-ion Battery Market By Type, By End User, By Region, Competition Forecast and Opportunities, 2011 – 2021” has evaluated the future growth potential of lithium-ion battery market, and provides statistics and information on market structure, consumer behavior and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities available in global lithium-ion battery market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

 

You need to be a member of Energy Social Network to add comments!

Join Energy Social Network

You need to be a member of Energy Social Network to add comments!

Join Energy Social Network

Comments

  • Please, contact us at boydf.edward@gmail.com, for more info.
  • Energy Harvesting System Market is expected to be valued at USD 645.8 million by 2023, growing at a CAGR of 10.62% between 2017 and 2023. The growing demand for safe, power-efficient, and durable systems that require minimum or no maintenance and extensive implementation of IoT devices in automation and energy harvesting technology in building and home automation are expected to generate a higher demand for energy harvesting systems.@ http://bit.ly/2AEufYp
    Energy Harvesting System Market by Technology (Lig
    The overall energy harvesting system market is expected to be valued at USD 645.8 million by 2023, gro - Market Research Reports and Industry Analysis
  • This Job Looks like a good opportunity. Till what date its valid?
  • Regards, Please consider my resume. Thank you. Yours Sincerely, Vrajendra Vyas.
This reply was deleted.

Featured Photos

News

Blogs

Plastic Solar Cells beyond 10% efficiencies

There have been many claims recently about Plastic solar cells, well-known to the scientific community as Organic PhotoVoltaic (OPV), achieving record efficiencies around the 10% mark. We note here three leading companies in this area that…

Read more…
Comments: 1

Latest member Posts