© 2016 Global Market Insights, Inc. USA. All Rights Reserved Lithium Ion Battery Market Share & Industry Analysis, 2016 – 2024: Fractovia.org Lithium Ion Battery Market Size By Technology (Cathodes, Anodes, Separators, Electrolytes), By Application (Automotive, Industrial, Consumer, Renewable and Grid Energy Storage), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, Italy, UK, Spain, China, Japan, South Korea, India, Australia, Saudi Arabia, UAE, South Africa, Argentina, Brazil, Mexico), Growth Potential, Competitive Market Share & Forecast, 2016 – 2024

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Lithium ion batteries hold vital importance in a world ruled by electronic devices such as smartphones and tablets.  Lithium ion battery market is expected to spur over the coming seven years augmented by the rising adoption of such portable electronic devices and even electric vehicles.  The product possesses the properties of improved shelf life, excellent storage capacity, and supreme efficiency, on account of which they are used in a plethora of applications such as power generation, energy storage systems, and the automotive and manufacturing sectors.  The product’s ever-increasing utilization will boost lithium ion battery industry share, which is projected to cross USD 53 billion by 2024, at a CAGR estimation of 9% over  Companies operating in lithium ion battery market are reportedly engaged in lucrative mergers & acquisitions to increase the production volume and explore the possibilities of novel product innovations with growing R&D activities. Overview:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Europe Lithium Ion Battery Market size, by application (USD Billion)

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Lithium ion battery usage is primarily encouraged since it overcomes the flaws of regular industrial batteries that often lead to environmental pollution. Subject to the norms of the Department of Environment Protection, the government of China has passed an ordinance titled ‘Battery and Recycled Lead Enterprises ([2012]325)’, that recognizes the dangers of lead poisoning and aims to shift consumer preferences from lead batteries to lithium ion batteries. Due to the implementation of such initiatives, China lithium ion battery market will grow at a rate of 11% over Product Trends:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  U.S. dominated the regional lithium ion battery industry in 2015 with a revenue share of over 70%. Pertaining to the tremendous surge in the sale of electric vehicles in the region (487,000 in 2014 to 542,000 in 2015) U.S. lithium ion battery market will grow at a significant pace over Additionally, the strict rules to curb vehicle emissions and the escalating inclination toward portable consumer electronics will boost the regional growth.  Notable industry participants include Toshiba, Samsung, Panasonic, GS Yuasa International, Automotive Energy Supply Corporation, A123 Systems, Hitachi Chemical, LG Chemical Power (LGCPI), China BAK Battery. Regional Trends: Competitive Trends:

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