Global Lithium-Ion Battery Market

   2019-08-19       103        Business
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Global Lithium-Ion Battery Market is estimated to reach $66 billion by 2025; growing at a CAGR of 11.3% from 2017 to 2025.




 report published by Accurize Market Research forecast that the global market is expected to reach $5,022 million by 2024; growing at a CAGR of 26.2% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.

 

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An upsurge in demand for electronic devices such as smartphones and tablets and stringent government regulations to reduce pollution across the globe to drive the growth of the market

 

An upsurge in demand for electronic devices such as smartphones and tablets and stringent government regulations to reduce pollution level fuels the demand for the global lithium-ion battery market. Moreover, the growing demand for rechargeable vehicles also boosts the growth of the market.

 

Market Segmentation

 

The global lithium-ion battery market has been bifurcated on the basis of material type, industry vertical, and geography. By material type, the market is further segmented into cathode, electrolytic solution, anode, and others. By industry vertical, the market is bifurcated into electronics, automotive, industrial, and others.

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