DUBLIN, Apr. 16, 2014
/PRNewswire/ --
Research and Markets
(
http://www.researchandmarkets.com/research/dq9qmg/global
) has announced the addition of the
"Global Lithium-ion Battery Market Report"
report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769)
The analysts forecast the Global Lithium-ion Battery market to grow at a CAGR of 17.9 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing demand for Li-ion batteries in grid energy storage. The Global Lithium-ion Battery market has also been witnessing the advancement in technology. However, the high cost of Li-ion batteries could pose a challenge to the growth of this market.
The report, the Global Lithium-ion Battery Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Lithium-ion Battery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The increased variety of applications for Li-ion batteries is another major factor that is currently influencing the growth of the Global Li-ion Battery market. Li-ion batteries have diverse applications spanning various fields. They are used in different sectors such as the Consumer Electronics, Industrial, and Automotive sectors, which include cell phones, laptop PCs, power tools, industrial cranes, gardening machines, electric bikes, electric scooters, tablets, medical devices, UPS systems, electric automobiles, and transit buses.
Thus, the increasing demand for Li-ion batteries from various sectors is one the driving factors influencing the growth of the Global Li-ion Battery market.
According to the report, the growth of the Global Li-ion Battery market is driven by several factors, one of which is the cost-effectiveness of Li-ion batteries. The raw materials used in the manufacture of these batteries are more affordable than those used in other batteries such as nickel batteries.
Further, the report states that one of the major challenges in this market is the high cost of Li-ion batteries. The cost of Li-ion batteries is four to eight time higher than that of lead acid batteries and four times higher than that of NiMH batteries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
05. Introduction
06. Market Landscape
07. Market Segmentation by End-users
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
Companies Mentioned:
- Amperex Technology Ltd.
- Boston-Power Inc.
- Build Your Dreams (BYD) Battery Co. Ltd.
- China BAK Battery Inc.
- EVE Energy Co. Ltd.
- Electrovaya Inc.
- Hitachi Maxell Ltd.
- LG Chem Ltd.
- Panasonic Crop.
- Samsung SDI Co. Ltd.
- Shandong Heter Lampson Electronic Co. Ltd
- Sony Electronics Inc.
- Tianjin Lishen Battery Co. Ltd
- Valence Technology Inc.
For more information visit http://www.researchandmarkets.com/research/dq9qmg/global
Media Contact:
Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article