Global Li-ion Battery Market for Mobile Phones 2015-2019
About Li-ion Battery for Mobile Phones
Li-ion batteries are rechargeable batteries that are used for powering Mobile phones. They produce energy for the devices. Currently, all mobile phones runs on Li-ion battery. The various advantages of Li-ion batteries, such as compact size, light weight, and increased power-generating capacity, has led to a rise in demand for these batteries from mobile phone users. These batteries generate power when ions move from the negatively charged electrode (anode) in a battery to the positively charged electrode (cathode) in the battery. When the battery discharges, the movement of ions from the anode to the cathode releases energy. On the other hand, during charging, electricity from the adapter forces the ions to return to the anode. Once the adapter is removed, this cycle starts again. With time, the ability to generate power deteriorates because ions get trapped in the anode.
TechNavio's analysts forecast the Global Li-ion Battery market for Mobile Phones to grow at a CAGR of 3.8 percent over the period 2014-2019.
Covered in this Report
The Global Li-ion Battery market for Mobile Phones has been segmented on the basis of the following: Mobile Phone Type and Geography.TechNavio's report, the Global Li-ion Battery Market for Mobile Phones 2015-2019, has been prepared based on an in-depth market analysis, with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.Key Regions
Technavio Announces the Publication of its Research Report – Global Li-ion Battery Market for Mobile Phones 2015-2019
Technavio recognizes the following companies as the key players in the Global Li-ion Battery Market for Mobile Phones: LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd. and Sony Corp.
Other Prominent Vendors in the market are: Amperex Technologies, Boston-Power, BYD Company, China BAK Battery, ENERDEL, SUNWODA Electronics, Tianjin Lishen Battery and Zhuhai Coslight Battery
Commenting on the report, an analyst from Technavio’s team said: “Increase in internet connectivity is one of the major trends being witnessed in this market. Across the world, the use of the internet is booming rapidly, and major development is taking place in developing economies. Thus, with the increased need for the internet, the need for mobile internet is also growing. This has significantly boosted the demand for smartphones, driving the demand for Li-ion batteries in smartphones.”
According to the report, advances in technology are one of the main factors driving the market. Various technological developments in the Li-ion industry have significantly increased the shelf life of the batteries used in mobile phones.
Further, the report states that increased competition among vendors is one of the major challenges in this market. The high potential of smartphones in the global market has attracted many new vendors. These vendors have established a stronger brand image against global brands.
Samsung SDI , Panasonic , LG Chem, Sony , Amperex Technologies, Boston-Power, BYD Company , China BAK Battery , ENERDEL, SUNWODA Electronics , Tianjin Lishen Battery, Zhuhai Coslight Battery
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