Free Press Release
Create Free Account! Members Login
Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows Games & Entertainment Government Health and Fitness Home & Family Industry Legal / Law Lifestyle News & Society Politics Religion Sports Technology Web sites / Internet

Press Release / Automotive / Lithium Ion Battery Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

Lithium Ion Battery Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

By sarodenikhil121 on March 01 2018 | 134 Views

Lithium Ion Battery Market report categorizes global market by material type, power capacity, and application -Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

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.
To get detailed table of content (ToC)@
https://www.coherentmarketinsights.com/ongoing-insight/toc/284
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
On the basis of application, the global market is classified into:
UPS
Cars
Games
Aircraft
Mining equipment
Smart Grid
Smartphones
Trucks
Gardening tools
Lithium-ionLithium 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.

To get detailed table of content (ToC)@

https://www.coherentmarketinsights.com/ongoing-insight/toc/284

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

On the basis of application, the global market is classified into:

UPS

Cars

Games

Aircraft

Mining equipment

Smart Grid

Smartphones

Trucks

Gardening tools

Lithium-ion batteries are used in marine motors, which offer easy handling and reduced weight as compared to conventional lead acid batteries. Rechargeable lithium-ion batteries are an excellent choice for solar panels due to fast recharging ability. Maximum utilization of potential solar power storage is possible with lithium ion batteries.

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.

Recharging capability and high energy density are fueling the demand for lithium ion battery, especially in Asia Pacific and Middle East regions. Highly fragmented market is expected to be one of the restraining factors for the growth of lithium ion battery market over the forecast period. Furthermore, instances of lithium-ion batteries randomly exploding, as was the case with Samsung Galaxy Note 7, which led to abrupt discontinuation and recall of the product, has dented customer confidence in lithium ion batteries. While, this might be considered to be a one-off incident, research is currently underway to develop safer alternative battery technologies, which would inhibit growth of the lithium-ion battery market. For instance, researchers at the Dallas University are working on a revolutionary lithium-air battery technology, wherein oxygen is used as the oxidizer, rather than the material. This makes the battery up to five times cheaper and as many times long lasting than conventional lithium-ion batteries. Product innovation and expansion in various geographies is a key strategy adopted by the major players in the lithium ion battery market. Toshiba Corp and Denso Corp are planning to manufacture automotive lithium ion battery packs. This initiative includes an investment of INR 1,184 crore and the manufacturing facility is expected to be set up in Gujarat, India. Some of the major companies operating in the global lithium-ion batteries market are LG Chem Ltd., Valence Technology Inc., Saft Groupe S.A., Panasonic Corporation, BYD Co. Ltd., Samsung SDI Co., Ltd., BAK Group, GS Yuasa Corporation, Johnson Controls Inc., Hitachi, Ltd., Toshiba Corporation, and A123 Systems, LLC. .

To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/ongoing-insight/lithium-ion-battery-market-284

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

Website: https://www.coherentmarketinsights.com/

News:http://www.coherentnews.com/


batteries are used in marine motors, which offer easy handling and reduced weight as compared to conventional lead acid batteries. Rechargeable lithium-ion batteries are an excellent choice for solar panels due to fast recharging ability. Maximum utilization of potential solar power storage is possible with lithium ion batteries.
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.
Recharging capability and high energy density are fueling the demand for lithium ion battery, especially in Asia Pacific and Middle East regions. Highly fragmented market is expected to be one of the restraining factors for the growth of lithium ion battery market over the forecast period. Furthermore, instances of lithium-ion batteries randomly exploding, as was the case with Samsung Galaxy Note 7, which led to abrupt discontinuation and recall of the product, has dented customer confidence in lithium ion batteries. While, this might be considered to be a one-off incident, research is currently underway to develop safer alternative battery technologies, which would inhibit growth of the lithium-ion battery market. For instance, researchers at the Dallas University are working on a revolutionary lithium-air battery technology, wherein oxygen is used as the oxidizer, rather than the material. This makes the battery up to five times cheaper and as many times long lasting than conventional lithium-ion batteries. Product innovation and expansion in various geographies is a key strategy adopted by the major players in the lithium ion battery market. Toshiba Corp and Denso Corp are planning to manufacture automotive lithium ion battery packs. This initiative includes an investment of INR 1,184 crore and the manufacturing facility is expected to be set up in Gujarat, India. Some of the major companies operating in the global lithium-ion batteries market are LG Chem Ltd., Valence Technology Inc., Saft Groupe S.A., Panasonic Corporation, BYD Co. Ltd., Samsung SDI Co., Ltd., BAK Group, GS Yuasa Corporation, Johnson Controls Inc., Hitachi, Ltd., Toshiba Corporation, and A123 Systems, LLC. .
To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/ongoing-insight/lithium-ion-battery-market-284

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:
Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com/
News:http://www.coherentnews.com/



Latest Exclusive Press Release
Food Color Market Scope, Industry Growth, Leading Key Players Review, Rapid Demand and Forecast to 2022
Frozen Fruits Market Research, Size, Share, Global Trend, Key Players Review and Forecast to 2027
Bio Power Market Historical Analysis, Competitive Landscape and Opportunity Assessment by Forecast to 2027
Small Wind Power Market Key Players Global Analysis, Size, Share, Growth Rate, and Outlook To 2023
Dimethyl Carbonate Market 2018 Global Industry Outlook, Demand, Key Manufacturers and 2023 Forecast Report
Popular Press Release
Zeng Fanzhi Parcours Exhibition 2016 in Beijing
Home Ministry’s Population Register Worse than Prisoner Identification
Feel-planet.com Has Made It Possible to Discover the Wonders of the World Online
First Time Home Buyers Tax Credits STILL Available For Troops!
Best Web Hosting Service in India


Art & Entertainment Automotive Blogging & Social Media Business
Computer Design Education Environment
Events / Trade Shows Games & Entertainment Government Health and Fitness
Home & Family Industry Legal / Law Lifestyle
News & Society Politics Religion Sports
Technology Web sites / Internet