Fast Market Research announces the availability of the new TechNavio report, "Li-ion Battery Market for E-cigarettes in the US 2015-2019", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 08/20/2015 -- Li-ion batteries are commonly used in e-cigarettes because of their high energy density and charge, and discharge capability. E-cigarettes are Li-ion battery powered devices filled with e-liquid, and consists of an e-vaping device, a personal vaporizer, or an e-nicotine delivery system. The battery is used to heat the e-liquid through atomizer which creates a vapor that is then inhaled. This is called vaping. The batteries used in e-cigarettes are batteries are box MODs of typically 18,650 series.
Technavio forecasts the Li-ion battery market for e-cigarette in the US to grow at a CAGR of 36.8% during 2014-2019.
Commenting on the report, an analyst from Technavio's team said: "Secondhand smoke causes some severe health concerns such as premature death, lung cancer, and heart disease among non-smokers, which has raised the concerns across the country. It is estimated that even brief exposure to secondhand smoke can cause harmful changes in the cardiovascular system, which raises the risk of a heart attack."
Get More Details on this Report and a Full Table of Contents at Li-ion Battery Market for E-cigarettes in the US 2015-2019
According to the report, E-cigarettes offer one of many advantages in that the e-smoker has access to a wide range of e-liquid flavors or juices, which means the product is gaining popularity among end-users. E-cigarettes are less costly and potentially less harmful than tobacco cigarettes.
Further, the report states that Li-ion batteries contain a flammable electrolyte, which needs special attention for keeping it under pressure. There are serious safety concerns for Li-ion batteries as they are vulnerable to short-circuiting, overcharging, or high pressure. When Li-ion batteries undergo short-circuiting, high electricity flows are created, raising the temperature within a fraction of a second.
The key players in the Li-ion Battery Market for E-cigarettes in the US are EVE Energy, LG Chem, Panasonic, Samsung SDI, Shenzhen Desay Battery Technology, Shenzhen Fest Technology, Shenzhen Kamry technology, Shenzhen Mxjo Technology, Sony, Vapour Hub International.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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