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The global Lithium Ion Battery Market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers.
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Lithium Ion Battery Market Price, Packaging Trends, Industry Outlook & Forecast 2016-2024
Global Market Scenario of Furfural Industry • High preference for portable electronic devices fueled by the rise in disposable incomes will push Lithium Ion Battery Market growth. Stringent government initiations leading to more adaption of electric vehicles, is expected to open new avenues for the industry to expand over the coming seven years. The industry is also propelled by the increasing demand for consumer electronics which include, smartphones, PDAs, and tablets. • Lithium ion battery finds extensive applications in automotive, consumer electronics, and energy sectors. Automotive lithium ion battery market exceeded a revenue share of USD 7 billion in 2015, and is expected to witness significant growth over the coming years. A major shift in consumer preference toward cleaner fuel is leading to more use of electric vehicles, which in a way is driving the automotive sector. • Lithium ion battery application in consumer electronics is projected to surpass USD 14 billion by 2024, owing to the surging demand for tablets, mobile phones, and laptops.
Continue… • On the basis of technology, lithium ion battery market is fragmented into anode, cathode, electrolytes, and separators. The industry from separators is estimated to witness heavy growth at a CAGR of 12% over 2016-2024. The electrolytes lithium ion battery market worth over USD 1 billion in 2015, will also grow substantially. • Reasons to Buy This Report: • 1. Lithium Ion Battery Market size & share forecast by product & application, 2016-2024 • 2. Growth drivers, pitfalls & industry challenges • 3. Key Lithium Ion Battery Market growth opportunities & emerging business models • 4. Competitive benchmarking with market share analysis and company profiles • U.S. lithium ion battery industry share accounted for 70% of the total volume in 2015 and is expected to grow substantially in the years to come, owing to the rise in adaption of electric vehicles and demand for high quality consumer electronics. • Asia Pacific lithium ion battery industry size, led by Japan and China, is projected to witness robust growth over the coming time frame. Japan lithium ion battery market is estimated to surpass a revenue of USD 2 billion by 2024.
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