Albany, NY -- (SBWIRE) -- 01/09/2017 -- Li-ion batteries are rechargeable batteries in which the Li-ion acts as the cathode and the carbon acts as the anode. Li-ion batteries have a good electrochemical performance with low resistance. The advantage of using Li-ion batteries is that they increase the thermal stability, have higher current density, and a longer shelf life as compared with other batteries available in the market. This technology has an excellent deep-discharge cycle life that shields the battery from damage. Li-ion is used in high power applications such as HEVs, EVs, and consumer electronic devices.

Technavios analysts forecast the global Li-ion battery market to grow at a CAGR of 15.43% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global Li-ion battery market for 2016-2020. To calculate the market size, the report considers the revenues that are generated by Li-ion battery vendors in the market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Li-ion Battery Market 2016-2020, 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

Panasonic Industrial Devices
Automotive Energy Supply
LG Chem
Samsung SDI
Toshiba
A123 Systems

Other prominent vendors

Blue Energy
BYD
China BAK Battery
Coslight
GS Yuasa
Hitachi
Saft
Johnson Controls
Kokam
Li-Tec
MANZ AG
NEC
SK Innovation
Sony
Tianjin Lishen Battery

Market driver

Change in grid structure drives demands for energy storage
For a full, detailed list, view our report

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Market challenge

Restrictions on Li-on batteries for air transportation
For a full, detailed list, view our report

Market trend

Increased demand from Chinese EV market
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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