• Resources
  • Blog
  • Journalists
  • Log In
  • Sign Up
  • Data Privacy
  • Send a Release
Cision PR Newswire: news distribution, targeting and monitoring home
  • News
  • Products
  • Contact

 

When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • Sponsored Placement
  • All Products
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • Overview
  • Distribution by PR Newswire
  • Cision Communications Cloud®
  • Cision IR
  • All Products
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Log In
  • Resources
  • Blog
  • Journalists
  • RSS
  • GDPR

Lithium Ion Battery Market to Grow at CAGR 17% Till 2021 Says TechSci Research


News provided by

TechSci Research

Jul 06, 2016, 12:30 ET

Share this article

Share this article


NEW YORK, July 6, 2016 /PRNewswire/ --

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  

Continue Reading
New Age TechSci Research Logo (PRNewsFoto/New Age TechSci Research)
New Age TechSci Research Logo (PRNewsFoto/New Age TechSci Research)

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.

     (Logo: http://photos.prnewswire.com/prnh/20140117/663730 )

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  

   
                 Electric Vehicles Sales (in    % share of Electric
                             numbers)                  Vehicles
          US                  14,832                     1.20%
        China                 12,555                     0.30%
          UK                  8,684                      0.80%
        Norway                8,112                     33.10%
        Japan                 7,750                      0.60%
     Netherlands              5,760                      5.70%
       Germany                4,520                      0.60%
        France                3,626                      0.80%

Source: Global EV Outlook 

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.

Browse Related Reports 

Global Electric Vehicle Infrastructure Market By Type (AC Charger & DC Charger), By Installed Location (Commercial & Residential), By Region (North America, Europe & Asia-Pacific), Competition Forecast and Opportunities, 2011 - 2021 

https://www.techsciresearch.com/report/global-electric-vehicle-infrastructure-market-by-type-ac-charger-dc-charger-by-installed-location-commercial-residential-by-region-north-america-europe-asia-pacific-competition-forecast-and-opportunities-2011-2021/688.html

Global Gas Gensets Market By Rating ((Low Rating (1kVA-75kVA), Medium Rating (75kVA-350kVA), High Rating (350kVA-750kVA), etc.)), By End User (Industrial, Commercial and Residential), By Region, Competition Forecast and Opportunities, 2011 - 2021 

https://www.techsciresearch.com/report/global-gas-gensets-market-by-rating-low-rating-1kva-75kva-medium-rating-75kva-350kva-high-rating-350kva-750kva-etc-by-end-user-industrial-commercial-and-residential-by-region-competition-forecast-and-opportunities-2011-2021/683.html

Global Power and Distribution Transformers Market Forecast and Opportunities, 2020 

https://www.techsciresearch.com/report/global-power-and-distribution-transformers-market-forecast-and-opportunities-2020/578.html

GCC Switchgear Market By Type (Low; Medium and High Voltage), By End User (Utilities, Residential, Industrial and Others), Competition Forecast and Opportunities, 2011 - 2021  

https://www.techsciresearch.com/report/gcc-switchgear-market-by-type-low-medium-and-high-voltage-by-end-user-utilities-residential-industrial-and-others-competition-forecast-and-opportunities-2011-2021/645.html]

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: [email protected]

Connect with us on Twitter - https://twitter.com/TechSciResearch
Connect with us on LinkedIn - https://www.linkedin.com/company/techsci-research

SOURCE TechSci Research

Modal title

Contact Cision

  • Cision Distribution 888-776-0942
    from 8 AM - 9 PM ET

  • Chat with an Expert
  • General Inquiries
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • Cision Communication Cloud®
  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • For Small Business
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • COVID-19 Resources
  • Accessibility Statement
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Israel
  • Italy
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom

My Services

  • All New Releases
  • Online Member Center
  • ProfNet

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2023 Cision US Inc.