Global Lithium Ion Battery Market Size was valued nearly USD 29.68 billion by 2015 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 16.2% during the forecast period, i.e. 2017-2025. The market major driven by some factors that are demand for plug-in vehicles, demand for lithium-ion batteries in the automobile industry, increasing demand for smart devices and industrial goods are boosting the growth and demand of the global lithium ion battery market across world. The market is projected to significant growth and demand in the coming years in terms of revenue due to its power density, safety, recharge time, cost, and other features of its technology are expected to continue to improve technological advancement and demand over the forecast years.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global lithium ion battery market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global lithium ion battery market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Lithium Ion Battery Market: Secondary Research
To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.
Lithium Ion Battery Market: Primary Research
For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in lithium ion battery market are included as primary sources of the supply side.
After performing comprehensive engineering of lithium ion battery market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.
Based on regional analysis, the global lithium ion battery market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific - India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The Asia Pacific regional market is likely to register a considerable growth in the coming years due to rapidly expanding end-use application sectors such as consumer electronics, automotive, medical, and other industrial sectors as well growing demand in emerging economies such as China, India, Japan, South Korea, and Australia. The market in China is expected to grow mainly because of the huge number of lithium ion battery manufacturing companies in China and Japan. The high economy growth and growing industrialization in the Asia Pacific region and regional economies is estimated to push the growth of lithium ion battery market in the coming years.
Global Lithium Ion Battery Market Size, Share Analysis By Region 2017
The major kay players in the lithium ion battery market which will contribute healthy growth in regional and global market over the forecast period that key players are BYD Company, LG Chem, Panasonic, Samsung SDI, BAK Group, GS Yuasa, Hitachi, Johnson Controls, Toshiba, Lithium Werks, CALB, Saft Groupe, VARTA Storage, Farasis Energy, and Sila Nanotechnologies. The consumer electronics industry will be taking up the majority of this growth. The Panasonic Sanyo, AESC (Automotive Energy Supply Corporation), Samsung and LG Chem Ltd. are projected to emerge as the major manufacturers of lithium-ion batteries.
Global Lithium Ion Battery Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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