Global Lithium-Ion Battery Market is estimated to reach $56 billion by 2024; growing at a CAGR of 10.6% from 2016 to 2024. Lithium-Ion batteries are primary batteries in which lithium compound acts as an anode. These batteries have a potential to achieve very high energy and power densities in high-density battery applications such as automotive and standby power. A lithium cell can produce voltage from 1.5 V to about 3 V based on the types of materials used.
Global Lithium-Ion Battery Market is estimated to reach $56 billion by 2024; growing at a CAGR of 10.6% from 2016 to 2024. Lithium-Ion batteries are primary batteries in which lithium compound acts as an anode. These batteries have a potential to achieve very high energy and power densities in high-density battery applications such as automotive and standby power. A lithium cell can produce voltage from 1.5 V to about 3 V based on the types of materials used. Lithium-ion (Li-ion) batteries ... Read more
Market Research Hub (MRH) has actively included a new research study titled “Global Lithium-Ion Battery Market Research Report 2019” to its wide online repository. The concerned market is discoursed based on a variety of market influential factors such as drivers, opportunities and restraints. This study tends to inform the readers about the current as well as future ... Read more
The need for lightweight and high-power batteries among consumers is influencing establishments from various verticals to substitute the conventional Li-Cad batteries with their Li-ion counterparts. Although the electronics industry appears to be the frontrunner, the automobile industry will overhaul the former on grounds of production of driverless - vehicles, and electric vehicles (EV) at a sweeping rate.
Government norms are compelling automakers to shift from fossil fuels to ... Read more
