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(Transportation-News.com, May 24, 2018 ) A lithium-ion battery or Li-ion battery is a type of rechargeable battery in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. Lithium-ion batteries are used in applications that require lightweight and high-energy density solutions. These batteries provide the highest energy density per weight and are mostly used in cellular phones, notebook computers, and hybrid automobiles. Technological advancements to reduce the weight of batteries, cost and increase their power output, is expected to augment industry expansion. In addition, competent distribution channels are likely to be an important way to gain a competitive advantage
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global lithium-ion battery market based on type, power capacity and application. It also provides market size and forecast till 2025 for overall lithium-ion battery market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region
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The growing adoption of lithium-ion batteries in energy storage systems such as solar grids in household and industrial applications is anticipated to provide considerable growth opportunities to the market. Growth of the automotive lithium-ion battery pack market is mainly bound to various macro-economic and micro-economic factors. As the need for rechargeable batteries with the high energy density continue to increase, demand for the lithium-ion batteries is projected to remain high. Adoption of the lithium-ion batteries is mainly bound to increasing production of the digital cameras, smartphones, tablets/PC and power tools. With the increasing registration of vehicles, sales of the automotive lithium-ion battery packs is projected to increase significantly in the automobile industry.
The List of Companies:
1. Tesla Motors Inc. 2. Panasonic Corporation 3. Toshiba Corporation 4. Samsung SDI Co. Ltd 5. Automotive Energy Supply Corporation 6. Hitachi Chemical Co. Ltd. 7. LG Chem Power Inc. 8. GS Yuasa Corporation 9. A123 Systems, LLC 10. Johnson Controls Inc.
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Source: EmailWire.Com
Source: EmailWire.com
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