Aug 14, 2017   SOURCE: BusinessWire

India Lithium Ion Batteries Market 2017-2023 - Research and Markets

The "India Lithium Ion Batteries Market (2017-2023): Forecast by Applications, Materials, Power Capacity, Components, and Competitive Landscape" report has been added to Research and Markets' offering.

The report thoroughly covers lithium ion batteries market applications, components, material types, and power capacities. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Consumer electronics segment captured majority of the market share followed by automotive applications and others. Among various Li-ion chemistries, Lithium Cobalt Oxide (LCO) dominated the market owing to its high usage in consumer electronics.

Stringent regulations on auto-emission and fuel efficiency along with awareness towards non-hazardous wastes have resulted in a shift towards Li-ion batteries in India. Government efforts towards promoting the adoption of EVs, growing renewable energy storage projects, surging demand for quality & uninterrupted power supply are some of the key factors which are contributing to the growth of Li-ion batteries market in the country; moreover, developing consumer electronics sector in India is likely to complement the growth of this market.

Additionally, increasing awareness towards portable and stationary energy storage coupled with government's push towards solar and wind projects are expected to contribute to the growth of Li-ion battery market over the coming years. Moreover, government efforts towards adoption of electric vehicles such as Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) scheme as well as tax exemption on EVs are anticipated to provide much needed boost to the market.

Markets Covered

The report provides detailed analysis of the following market segments:

  • By Applications
    • Automotive
    • Industrial
    • Consumer Electronics
    • Others (Medical, Military, Textile)
  • By Material
    • Lithium Cobalt Oxide
    • Lithium Manganese Oxide
    • Lithium Iron Phosphate
    • Others (Li Nickel Cobalt Aluminum Oxide, Li Titanate)
  • By Power Capacity
    • 5-25 Wh
    • 18-28 Wh
    • 48-95 KWh
    • 100-250 KWh
    • Above 300 KWh
  • By Components
    • Cathode
    • Anode
    • Electrolytic Solution
    • Others (Foils, Binder and Separators)

Companies Mentioned

  • AMCO Saft India Ltd.
  • LG Chem India Pvt. Ltd.
  • Panasonic India Pvt. Ltd.
  • Samsung SDI Co. Ltd.
  • Sony India Pvt. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/8dxkb8/india_lithium_ion