Global Lithium-Ion Battery Market is Estimated to Reach $5,022 Million by 2024

1
Global Lithium-Ion Battery Market

• Published by Accurize Market Research Pvt. Ltd.

2
Global Lithium-Ion Battery Market is Estimated to
Reach 5,022 Million by 2024

• Global lithium-ion battery market report
  published by Accurize Market Research forecast
  that the global market is expected to reach
  5,022 million by 2024 growing at a CAGR of
  26.2 from 2017 to 2025. By geography, Asia
  Pacific and North America are expected to grow at
  a CAGR of XX and XX, respectively, during the
  forecast period.
• Request Sample https//www.accurizemarketresearch
  .com/report/global-lithium-ion-battery-market/samp
  le-request
• Upsurge in demand for electronic devices such as
  smartphones and tablets and stringent government
  regulations to reduce pollutionacross the globe
  to drive the growth of the market
• Upsurge in demand for electronic devices such as
  smartphones and tablets and stringent government
  regulations to reduce pollution levelfuels the
  demand for the global lithium-ion battery market.
  Moreover,growing demand for rechargeable
  vehiclesalso boosts the growth of the market.

3
MarketSegmentation

• The global lithium-ion battery market has been
  bifurcated on the basis of material type,
  industry vertical, and geography. By material
  type, the market is further segmented into
  cathode, electrolytic solution, anode, and
  others. By industry vertical, the market is
  bifurcated into electronics, automotive,
  industrial, and others.
• RequestCustomization https//www.accurizemarketre
  search.com/report/global-lithium-ion-battery-marke
  t/ask-for-customization
• By geography the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW). The U.S., Mexico and Canada are
  covered under North America wherein Europe covers
  UK, France, Germany, and others. Asia-Pacific
  covers China, India, Japan, and others. RoW
  covers South America, Middle East and Africa.

4
Cathode dominated with the largest market share
in the material type segment", says Accurize

• By material type segment, Cathode accounted for
  the highest market revenue in 2017and is expected
  to continue its tendency during the forecast
  period 2017 2025.
• Further, by industry vertical, electronics
  dominated vertical segment in 2017, owing to huge
  demand of lithium-ion batteries in smartphones
  and other electronic devices. The automotive
  segment is estimated to grow at the fastest CAGR
  driven by its increased demand in many electronic
  vehicles.

5
Asia-Pacific dominated the global market with
the highest market share over the forecast
period", says Accurize

• In 2017, Asia-Pacific accounted for the highest
  market share of 38.6 and is estimated to
  continue its dominance during the forecast
  period, owing to escalating demand from consumer
  electronics and rise in number of electric
  vehicles (EVs) in China, Japan, and India.
• Further, North America accounted for the second
  largest market share of 32.6, as the lithium-ion
  batteries are broadly used in the automotive
  sector in North America.
• In terms of growth, Asia-Pacific is anticipated
  to reach the fastest CAGR of 12.3 during the
  forecast period 2017-2025, due to increasing
  acceptance of these batteries in tablets,
  smartphones, laptops PCs.

6
Top players in the market

• The key market players include
• LITEC Co., Ltd.
• A123 Systems, LLC.
• Automotive Energy Supply Corporation
• Panasonic Corporation
• Toshiba Corporation
• Hitachi Chemical Co.
• Ltd.,Samsung SDI Co. Ltd.
• LG Chem Power (LGCPI)
• China BAK Battery Co. Ltd.
• GS Yuasa International Ltd.
•  

7
Contact Us

• Accurize Market Research Pvt. Ltd.
• Email help_at_accurizemarketresearch.com
• Contact No 1-339-368-6383