AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

The Global Lithium-Ion Battery Market - Market Revenue Set to Increase at 17.9% CAGR from 2018-2025 - ResearchAndMarkets.com

January 2, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 2, 2020--

The “The Global Lithium-Ion Battery Market” report has been added to ResearchAndMarkets.com’s offering.

Global lithium-ion battery market revenue is expected to increase at an impressive 17.9% compound annual growth rate from 2018 to 2025. Market growth is fueled by rising demand for energy storage around the world, electric vehicle production, and demand for industrial power tools and electric forklifts. Technological advancements have allowed batteries to have longer life, higher energy density, and quick charging capabilities, though safety concerns related to headline-making fires and explosions in electronic devices have continued to present a challenge.

For this research, the publisher used a unique and robust platform called the Radar to analyze the market and identify Companies to Action (C2A). Of the more than 100 companies that are active in this market, the publisher selected 16 for further examination based on their recent innovations and growth strategies. The research evaluated and positioned these 16 companies along 2 major indexes: Growth and Innovation.

LG Chemical, Panasonic, Samsung, and CATL are the top 4 battery manufacturers. Their aggressive production capacity expansion targets will help them remain the market leaders. Installed production capacity of top 10 suppliers will increase from 150 GWh in 2018 to about 740 GWh by 2025.

Key Topics Covered:

1. Industry Overview

2. The Report Radar - Lithium-Ion Battery Market

3. C2A - Market Participant Profiles

4. The Last Word

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/bje1kr

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200102005311/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: OTHER ENERGY ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 01/02/2020 09:21 AM/DISC: 01/02/2020 09:21 AM

http://www.businesswire.com/news/home/20200102005311/en