Albany, NY -- (SBWIRE) -- 07/18/2016 -- Li-ion batteries are extensively used in consumer electronics such as cell phones, smartphones, laptops, and tablets because of their reliability in terms of performance compared to other battery types. High energy density and a low self-discharge rate and maintenance have made Li-ion batteries more popular than other rechargeable batteries. The application base of these batteries is widening and expected to encompass EVs, medical devices, power tools, and ESS. Growing demand for EVs and ESS worldwide bodes well for the overall growth prospects of the market. The market will continue to expand, driven by the growing use of smartphones, laptops, and tablets globally.

The global Li-ion battery market to grow at a CAGR of 11.9% during 2014-2019. The report covers the present scenario and the growth prospects of the global Li-ion battery market for 2015-2019. The market has been segmented on the basis of geography and application.

Technavio's report, Global Li-ion Battery Market 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Regions
- Americas
- APAC
- EMEA

Key Vendors
- A123 Systems
- AESC
- Blue Energy
- BYD
- China BAK Battery
- Coslight
- GS Yuasa
- Hitachi
- Johnson Controls.........

Key Market Driver
- Decreasing Cost of Li-ion Batteries
- For a full, detailed list, view our report

Key Market Challenge
- Rise in Li-ion Battery Prices due to Pollution Concerns in China
- For a full, detailed list, view our report

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Key Questions Answered in this Report
- What will the market size be in 2019 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? vendors?

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