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[July 19, 2013]
Global Market for Lithium-Ion Batteries - Forecast, Trends & Opportunities 2013-2020
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (
) has announced the addition of the "Global Market for Lithium-Ion Batteries - Forecast, Trends & Opportunities 2013-2020" report to their offering.
The global market for lithium ion batteries is a fast growing one and is expected to cross $25 billion by 2017. It continues to advance as high power and high capacity cells increase penetration into large-format applications. Vying for market adoption, the lithium-ion chemistry competes heavily with established energy storage technologies, such as lead acid, in many of these applications. However, key performance characteristics have enabled lithium-ion to increase market penetration, resulting in growth opportunities.
Currently most lithium-ion batteries are used in consumer electronic devices like mobile phones and notebook PCs. However, moving forward expansion is likely for automotive products used in Electric Vehicles and in storage applications.
Lithium-ion batteries for storage have come into the spotlight due to the electricity supply issues resulting from the eastern Japan earthquake and the global efforts to embrace smart grids. With domestic and overseas lithium-ion battery makers entering the markets for storage systems, the market for lithium-ion batteries for storage is beginning to take off. However, currently the storage market is in its infancy, so market growth will take time.
TDK Corporation, Samsung SDI Co. Ltd., LG, Panasonic, Hitachi, are some the biggest players in the industry. In recent years in the consumer electronics market, South Korean firms have been aggressively winning market share thanks to the weak won and impressive cost competitiveness. In contrast, Japanese and Chinese firms have struggled. With the market getting more competitive, a succession of Japanese firms in particular has been pushing production shifts to China.
Key Topics Covered 1. Executive Summary 2. Technological Know-How 3. Global Market For Lithium-Ion Batteries 4. Global Market For Battery Materials 5. Global Lithium-Ion Battery Industry Analysis Of Key Markets 6. Growth Determinants And Constraints 7. Global Lithium-Ion Battery Market Forecast 8. Company Profiles Companies Mentioned - Asahi Kasei - GS Yuasa - Hitachi Chemical - LG Chem - Mitsubishi Chemical - Panasonic - Samsung SDI - TDK Corporation - Toshiba - Ube Industries For more information visit
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