Lithium Ion Battery Marketembed
Asia Pacific is expected to be the most potential market for lithium ion battery manufacturers. The market in the region is projected to witness relatively high growth in terms of value over the forecast period.
LITHIUM ION BATTERY MARKETGlobal IndustryInsights,Trends,Outlook,and Opportunity Analysis, 2016–2024 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Lithium Ion Battery Market Overview Lithium Ion batteries were introduced commercially in 1970, which offered high energy density with low maintenance. The energy density of lithium-ion is usually twice that of the standard nickel-cadmium. Some variants of lithium ion battery provide high current density and are an ideal choice for consumer mobile electronic equipment. Others provide higher current levels and are suitable for electric vehicles and power tools. Lightweight lithium ion batteries are the best choice for mobility equipment, as they offer relatively long life span, allow for size customization, have extended run time when compared to lead acid, are fast charging and have a low self-discharge rate. Rechargeable lithium-ion batteries are also used for remote monitoring systems, owing to characteristics such as long life, small size, and relatively long stand-by time. Lithium batteries offer a self-discharge rate, which is 10 times lower as compared to lead acid batteries. Request Sample of Lithium Ion Batteries Market: https://www.coherentmarketinsights.com/insight/request-sample/284 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Lithium Ion Battery Market Taxonomy On the basis of material type, the global market is segmented into: Cathode Anode Binders Foils Electrolytic solution Separators On the basis of power capacity, the global market is classified into: 5–25 Wh 18–28 KWh 48–95 Wh 100–250 KWh More than 300 KWh © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Lithium Ion Battery Market Outlook – Increasing Demand for Automotive Applications to be the Major Market Driver Asia Pacific is expected to be the most potential market for lithium ion battery manufacturers. The market in the region is projected to witness relatively high growth in terms of value over the forecast period. Rapidly growing automotive industry coupled with increased demand of batteries for consumer and commercial goods has augmented the growth of lithium ion battery market in developing countries such as India and China. According to IBEF, in 2016, the Indian automotive industry was valued at US$ 31.84 billion. This is further complemented by 100% FDI permitted by the Indian government in the automotive sector. This has attracted investors such as Bosch, Continental Engines, ZF, Aisin Seiki Company, Delphi, FAG, Denso, Magneti Marelli, WABCO, TRW and Valeo. This trend is expected to be followed over the forecast period. India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the purpose of promoting and creating international awareness of goods manufactured in India. Request to view the table of Content: https://www.coherentmarketinsights.com/ongoing-insight/toc/284 © Coherent market Insights. All Rights Reserved ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. 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