Lewes, DE -- (SBWIRE) -- 04/28/2015 -- Report forecast the Li-ion battery market in China to grow at a CAGR of 17 percent over the period 2014-2019.

A Li-ion battery is a rechargeable battery with the highest electrochemical potential. It is mostly used in consumer electronics such as laptops, cellphones, tablets, and notebook PCs. In addition, it finds application in EVs and the medical, power, and defense sectors. Li-ion batteries have high energy density, are more compact and lightweight, and do not generate any harmful metal on disposal unlike other rechargeable batteries and hence more preferred compared to other rechargeable batteries.

The Li-ion battery market in China has been segmented based on application (consumer electronics, automotive, industrial and power application) and type (lithium cobalt oxide, Li-ion nickel cobalt manganese, lithium manganese oxide, and lithium iron phosphate).

According to the report, growing pollution levels, coupled with decreasing fossil fuel reserves, has prompted China to shift its attention toward the use of EVs. The Chinese government has set a target of manufacturing 500,000 EVs by end of 2015. It has encouraged the adoption of EVs and is providing incentives to meet these targets. It launched several initiatives in 2009-10 under the clean and green energy development initiative and introduced the Ten City, One Thousand Cars plan, which primarily aims at increasing the adoption of EVs in the country.

Further, the report states that pollution concern in China may raise Li-ion battery prices will affect the growing electric and hybrid car industry in the country.

Li-ion Battery Market in China 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.

Key players in Li-ion Battery Market in China 2015-2019: A123 Systems LLC BYD Co. Ltd., China BAK Battery Co. Ltd., Coslight Technology International Group, LG Chem, Panasonic Corp., Samsung SDI Co. Ltd., Sinopoly Battery Ltd, Sony Corp. and Tianjin Lishen Battery Co. Ltd.

Other Prominent Vendors in the market are: ATL, Ecsem, KAYO, Minamoto, SCUD, Shenzhen Blazepower Battery (BPB), Shenzhen Jixinglong and Sunwoda.

Market driver
- Decrease in cost of Li-ion battery
- For a full, detailed list, view our report

Market challenge
- Restriction on Li-ion battery shipments
- For a full, detailed list, view our report

Market trend
- High investment in lithium iron phosphate manufacturing plants
- For a full, detailed list, view our report

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?

Spanning over 167 pages, "Li-ion Battery Market in China 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Market at a Glance, Key Takeaways, Introduction to Li-ion Batteries, Market Landscape, Market Segmentation by Application, Market Segmentation by Li-ion Battery Type, Buying Criteria, Market Growth Drivers, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/li-ion-battery-market-china-2015-2019

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