Li-Ion Battery Market in South Korea to Grow at a CAGR of 10.4 Percent over the Period 2015-2019

The Report Li-ion Battery Market in South Korea 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -


Albany, NY -- (SBWIRE) -- 05/01/2015 -- About Li-ion battery

A Li-ion battery is a rechargeable battery with the highest electrochemical potential. A positive terminal, a negative terminal, and an electrolyte between the terminals constitute the main parts of the battery. The basic principle of working of Li-ion batteries is to generate power when ions move from a negatively charged anode to the positively charged cathode. When the battery discharges, the movement of ions from the anode to the cathode releases energy. On the other hand, during charging, electricity from the adapter forces the ions to return to the anode in the battery. Once the adapter is removed, this cycle starts again. With time, the charge hold capacity of a Li-ion battery deteriorates because of lack of movement of ions, which are trapped in the anode. Some benefits of using Li-ion batteries include higher current density, low self-discharge rates, and minimal maintenance costs. Li-ion batteries are widely used in the consumer electronics, automotive, industrial, and power grid and renewable energy sectors.

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TechNavio's analysts forecast the Li-ion battery market in South Korea to grow at a CAGR of 10.4 percent over the period 2014-2019.

Covered in this report

The Li-ion battery market in South Korea has been segmented into consumer electronics, automotive, industrial, energy storage, and others.

TechNavio's report, Li-ion Battery Market in South Korea 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 vendors

LG Chem
Samsung SDI
SK Innovation

Other prominent vendors

Enertech International


Market driver

Increased number of Li-ion battery patents and R&D
For a full, detailed list, view our report
Market challenge
Lack of charging infrastructure for EVs
For a full, detailed list, view our report
Market trend
Emergence of domestic firms as supply front
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?

Table Of Content

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

03.1 Market overview

04. Market Research Methodology

04.1 Market research process

04.2 Research methodology

05. Key Takeaways

05.1 South Korea has surpassed Japan in Li-ion battery market

05.2 Government support plans for EVs

05.3 Li-ion battery cost to reduce drastically by 2020

06. Introduction to Li-ion Batteries

06.1 Advantages and disadvantages of Li-ion batteries

06.2 Types of Li-ion batteries

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