Title: PPT for Lithium Ion Battery Market Analysis, 2017 - 2024
1 Lithium Ion Battery Market Share Industry
Analysis, 2016 2024 Fractovia.org
Lithium Ion Battery Market Size By Technology
(Cathodes, Anodes, Separators, Electrolytes), By
Application (Automotive, Industrial, Consumer,
Renewable and Grid Energy Storage), Industry
Analysis Report, Regional Outlook (U.S., Canada,
Germany, France, Italy, UK, Spain, China, Japan,
South Korea, India, Australia, Saudi Arabia, UAE,
South Africa, Argentina, Brazil, Mexico), Growth
Potential, Competitive Market Share Forecast,
2016 2024
2Overview
- Lithium ion batteries hold vital importance in a
world ruled by electronic devices such as
smartphones and tablets. - Lithium ion battery market is expected to spur
over the coming seven years augmented by the
rising adoption of such portable electronic
devices and even electric vehicles. - The product possesses the properties of improved
shelf life, excellent storage capacity, and
supreme efficiency, on account of which they are
used in a plethora of applications such as power
generation, energy storage systems, and the
automotive and manufacturing sectors. - The products ever-increasing utilization will
boost lithium ion battery industry share, which
is projected to cross USD 53 billion by 2024, at
a CAGR estimation of 9 over 2016-2024. - Companies operating in lithium ion battery market
are reportedly engaged in lucrative mergers
acquisitions to increase the production volume
and explore the possibilities of novel product
innovations with growing RD activities.
3Europe Lithium Ion Battery Market size, by
application 2014-2024 (USD Billion)
4Product Trends
- Lithium ion battery usage is primarily encouraged
since it overcomes the flaws of regular
industrial batteries that often lead to
environmental pollution. Subject to the norms of
the Department of Environment Protection, the
government of China has passed an ordinance
titled Battery and Recycled Lead Enterprises
(2012325), that recognizes the dangers of lead
poisoning and aims to shift consumer preferences
from lead batteries to lithium ion batteries. Due
to the implementation of such initiatives, China
lithium ion battery market will grow at a rate of
11 over 2016-2024.
5Regional Trends
- U.S. dominated the regional lithium ion battery
industry in 2015 with a revenue share of over
70. Pertaining to the tremendous surge in the
sale of electric vehicles in the region (487,000
in 2014 to 542,000 in 2015) U.S. lithium ion
battery market will grow at a significant pace
over 2016-2024. Additionally, the strict rules to
curb vehicle emissions and the escalating
inclination toward portable consumer electronics
will boost the regional growth. - Notable industry participants include Toshiba,
Samsung, Panasonic, GS Yuasa International,
Automotive Energy Supply Corporation, A123
Systems, Hitachi Chemical, LG Chemical Power
(LGCPI), China BAK Battery.
Competitive Trends
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