Lithium-ion Battery Market Industry Size, Share, Revenue Analysis and Forecast to 2025
Verfasser: ConvergedMarkets on Wednesday, 5 September 2018The lithium-ion battery market is classified on the basis of power capacity, application, and region. The power capacity segment is further classified into 0 to 3,000 mAh, 3,000 mAh to 10,000 mAh, 10,000 mAh to 60,000 mAh, and more than 60,000 mAh. The application segment is further classified into consumer electronics, automotive, industrial, and others.
The lithium-ion battery market is expected to grow at a CAGR of 15.5% from 2018 to 2025 and is projected to reach USD 90.23 billion by 2025. The factors that primarily drive of the lithium-ion battery market are the increase in adoption of lithium-Ion batteries in consumer electronics and electric vehicles. Increase in government policies and regulations to reduce the use of ICE vehicles are also expected to contribute to the growth of the lithium-ion battery market.
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Key market players such as Panasonic Corporation, CATL, BYD, LG Chemicals, and Samsung are profiled to provide an insight into the competitive scenario of the global lithium-ion battery market.