Title: Lithium Ion Battery Market trends research and projections for 2016 – 2024
1Lithium Ion Battery Market Price, Packaging
Trends, Industry Outlook Forecast 2016-2024
2Global 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.
3 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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