MarketResearchReports.Biz announces addition of new report “Global Lithium-Ion Battery Market 2012-2018” to its database
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The lithium–ion battery market is
experiencing an upsurge in demand due to the increased use of these batteries
in automotive applications. The major advantages of this energy sources are
features such as light weight, environment friendly, rechargeable, slow loss of
charge when not in use and others. After the successful application of
lithium-ion batteries in the consumer electronics market, it is being adapted
for industrial applications as well.
Lithium-ion batteries have emerged
as a preferred power source for cordless power tools in medical and military
applications. Recent developments in this industry have paved the way for
Lithium ion batteries to be used in the automotive industry as a source of
power for hybrid electric vehicles.
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Continuous research and development
is taking place in this field for improving the efficiency of lithium-ion
batteries and reduction in its size. Longer life of these batteries is
contributing to the growth of lithium-ion battery market.
Improved energy density is an
important factor in development of lithium-ion batteries. Cell phones and
laptops use these thin film batteries as they are capable of running up to four
times longer than other lithium-ion batteries of the same size.
This research report analyzes the
global lithium-ion battery market discussing the detailed overview and market
figures. This report also analyzes the industry growth rate¸ industry capacity,
and industry structure. It includes the study of current developments in the
lithium-ion battery market, Porter’s five force analysis, and detailed profiles
of top industry players. The research report on lithium-ion battery market provides
a detailed review of macro and micro factors significant for existing market
players and new entrants with value chain analysis.
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