lithium ion battery market is set to grow at over 9% cagr ...

by:CTECHi     2020-02-15
Lithium-ion batteries are widely used in automotive, consumer electronics and energy.In 2015, the market share of automotive lithium-ion batteries exceeded $7 billion, and it is expected to increase significantly in the next few years.U.S.In 2015, the lithium-ion battery market share accounted for 70% of the total, and is expected to grow significantly in the next few years due to the adaptability of electric vehicles and the increase in demand for high-quality consumer electronics.
By 2024, the lithium-ion battery market will exceed $53 billion;According to the latest research of global market insight companyDue to the longer shelf life of portable electronic devices, more and more people are adopting portable electronic devices, which will drive the scale of the global lithium-ion battery market from 2016 to 2024.Lithium ionised has higher stability and heat resistance compared to other available alternatives, as well as faster charging efficiency.Low risk of explosion or equipment damage will further complement the industry outlook.
Samples asking for this research report @ more and more adoption of plug-insIn hybrid cars with preferential regulations including subsidies and tax rebates, it will stimulate market share of lithium-ion batteries.The automotive industry is an application field worthy of attention.The supply of sufficient raw materials at affordable prices encourages high output, making it the preferred technology in applications such as inverters, consumer electronics and industrial batteries.
Strict regulations encouraging the use of harmless materials will increase market share during the forecast period.The Department of Energy and the National Renewable Energy Laboratory (NREL) have launched the directive NREL/TP-463-7673 environment-safe batteries are encouraged.The regulation also lists battery safety standards that electric vehicle manufacturers need to comply.
The market for lithium-ion batteries in 2015 exceeded $9 million.Consumer electronics, including mobile phones, tablets and laptops, are key adoption areas for market segment growth.The growth rate of the separator is expected to exceed 10% by 2024.
Superior charging capacity and a longer shelf life are notable features that may benefit the industry\'s prospects.As the service life of the super capacitor grows, its application in mobile phones will have a positive impact on business growth.Browse key industry insights on page 154, which includes 122 market data sheets and reports \"by technology (cathode, anode, separator, electrolyte) 10 charts in the scale of the lithium ion battery market divided by application (industrial, automotive, consumer, renewable energy and grid energy storage), industrial analysis report, Regional Outlook (US)S.
Canada, Germany, France, Italy, UK, Spain, China, Japan, Korea, India, Australia, Saudi Arabia, UAE, South Africa, Argentina, Brazil, Mexico) price trends, competitive market share and Forecasts, 2016-2024 \"and catalogue, please click on the link below: renewable energy and grid storage applications will exceed $12 billion by 2024.The significant increase in infrastructure required for renewable energy storage in Europe has further boosted the scale of the lithium-ion battery market.In 2015, more than 30% of Germany\'s annual electricity demand came from renewable energy.
Due to increased demand for portable electronic devices, the lithium-ion battery market for consumer applications is expected to exceed $14 billion by 2024.Portable electronic devices are becoming more and more widely used in the United States.S.Europe will have a positive impact on business growth.
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li-In 2015, the market for ion batteries exceeded $5 billion, and strong growth is expected due to the heavy adoption of electric vehicles.Strict restrictions on vehicle emission levels will further promote the development of the industry.In Europe, Germany\'s market share of lithium-ion batteries will grow by more than 10% by 2024.
The EU Parliament passed Battery Directive 2008, introducing regulations on the use of biofuelsThe growth of the industry has been promoted
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