Global Lithium Ion Battery Market - Industry Analysis, Size,
Share, Growth, Trends, and Forecast, 2013 - 2019
75 Page Report
Lithium Ion Battery Market is Expected to Reach USD 33.11 Billion
Globally in 2019: Transparency Market Research
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Global Lithium Ion Battery Market
Global Lithium Ion Battery Market - Industry Analysis, Size, Share, Growth, Trends, and
Forecast, 2013 - 2019
According to a new market report published by Transparency Market Research "Global Lithium Ion Battery
Market(Cathode, Anode, and Electrolytic solution) - Industry Analysis, Size, Share, Growth, Trends, and
Forecast, 2013- 2019", the global market was worth USD 11.70 billion in 2012 and is expected to reach
USD 33.11 billion in 2019, growing at a CAGR of 14.4% from 2013 to 2019. Due to the increasing demand
and huge potential of lithium-ion battery in consumer, automotive and industrial sectors, Asia Pacific was
the largest market for lithium-ion batteries in 2012.
Browse the full report with complete TOC at http://www.transparencymarketresearch.com/lithium-ionbattery-market.html
The lithium-ion battery market is primarily driven by improving efficiency of battery and increasing
application in EVs and HEVs and energy, medical and military. In addition, stringent government
regulations related to carbon emissions in regions such as Europe, North America and China is supporting
its growth. At the same time, higher life cycle as compared to lead nickel, nickel cadmium and nickel metal
hydride batteries is expected to increase L-I demand in the coming years. High price as compared to other
batteries and the risk of overheating are the factors inhibiting...