Global Battery Market for Consumer Products 2017-2021
NEW YORK, Oct. 16, 2017 /PRNewswire/ --
About Battery Market for Consumer Products
Batteries are used to store energy and utilizing them at times of blackouts, power shortages, or when the demand for electricity is high. Batteries are basically divided into lead-acid, lithium, and others. Batteries are used in automobiles, electronics, golf carts, and forklifts, among others. Lithium-ion (Li-ion) and lead-acid batteries are most extensively utilized in automotive and motive industries. Li-ion batteries are rechargeable batteries in which Li-ion acts as a cathode and carbon serves as an anode. These batteries have a good electrochemical performance with little resistance. The advantages of using these batteries are that they increase thermal stability, have higher current density, and have a longer shelf life when compared with other battery technologies available in the market. Li-ion batteries are used in high-power applications such as hybrid electric vehicles (HEVs), electric vehicles (EVs), and consumer electronics devices.
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Technavio's analysts forecast the global battery market for consumer products market to grow at a CAGR of 9.85% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global battery market for consumer products market for 2017-2021. To calculate the market size, the report considers the new sales of batteries for consumer goods (smartphones, laptop, power banks, tablets, smart wearables) market and do not include the aftermarket.
The market is divided into the following segments based on geography:
-- Americas
-- APAC
-- EMEA
Technavio's report, Global Battery Market for Consumer Products 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-- Guangzhou Fengjiang Battery New Technology
-- LG Chem
-- Panasonic
-- SAMSUNG SDI
-- Toshiba
Other prominent vendors
-- Accutronics
-- Amperex Technology
-- Batteries and Power Solutions
-- Blue Spark Technologies
-- BrightVolt
-- BYD
-- BAK GROUP
-- Cymbet
-- DNK Power
-- Front Edge Technology
-- FUJICELL
-- IMPRINT ENERGY
-- Infineon Technologies
-- ProLogium Technology
-- Tianjin Li Shen Battery
-- VARTA Microbattery
Market driver
-- Enhanced consumer spending
-- For a full, detailed list, view our report
Market challenge
-- Widening lithium supply-demand gap
-- For a full, detailed list, view our report
Market trend
-- Declining Li-ion battery prices
-- For a full, detailed list, view our report
Key questions answered in this report
-- What will the market size be in 2021 and what will the growth rate be?
-- What are the key market trends?
-- What is driving this market?
-- What are the challenges to market growth?
-- Who are the key vendors in this market space?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p05144587
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