Oct 30, 2017   SOURCE: BusinessWire

Lithium-Ion Battery Market Report 2017: Increased Usage in Electric Vehicles & Portable Consumer Electronics - Research and Markets

The "Lithium-Ion Battery Market, 2014-2025" report has been added to Research and Markets' offering.

The global lithium-ion battery market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level is expected to drive market demand.

Lithium-ion batteries are used in applications that require lightweight and high-energy density solutions. These batteries provide the highest energy density per weight and are mostly used in cellular phones, notebook computers, and hybrid automobiles.

Technological advancements to reduce the weight of batteries, cost and increase their power output, is expected to augment industry expansion. In addition, competent distribution channels are likely to be an important way to gain a competitive advantage.

Energy storage system is expected to witness the fastest growth over the forecast period at a CAGR of 21% from 2017 to 2025 owing to the developments in wind and solar PV in countries including Germany, China and U.S.

Companies Mentioned

  • BYD Co., Ltd.
  • A123 Systems, LLC/ Wanxiang
  • Hitachi, Ltd.
  • Huanyu New Energy Technology Co., Ltd.
  • Johnson Controls
  • LG Chem Ltd.
  • NEC Corporation
  • Panasonic Corporation
  • Saft Groupe S.A.
  • Samsung SDI Co., Ltd.
  • Toshiba Corporation
  • GS Yuasa Corporation
  • Lishen Battery
  • Zibo Torch Energy Co., Ltd.
  • Narada Power Source Co., Ltd.
  • Sony Corporation

Key Topics Covered:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Lithium-Ion Battery Market Variables, Trends, and Scope

Chapter 4 Lithium-Ion Battery Market: Product Estimates & Trend Analysis

Chapter 5 Lithium-Ion Battery Market: Application Estimates & Trend Analysis

Chapter 6 Lithium-Ion Battery Market: Regional Estimates & Trend Analysis, by Product and Application

Chapter 7 Competitive Landscape

Chapter 8 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/tjbhw8/lithiumion