Global Small Li-ion Battery Market 2015-2019
About Li-ion Batteries
A small Li-ion battery is a rechargeable battery that is commonly used for portable applications such as mobile phones, laptops, tablets, e-cigarettes, power tools, e-bikes, and digital cameras. The advantages of small Li-ion batteries, such as their compact size, light weight, high power, and high capacity have made them increasingly popular across industries such as consumer electronics, automotive, construction, and telecom.
Technavio's analysts forecast the global small Li-ion battery market to grow at a CAGR of 6.6% over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the global small Li-ion battery market over the period 2015-2019. The global small Li-ion battery market has been segmented based on application into: mobile phones, laptops, tablets, e-cigarettes, power tools, e-bikes, and digital cameras. The report also discusses key geographies (the Americas, APAC, and EMEA) and the future growth pattern of the market.
Technavio's report, Global Small Li-ion Battery market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global small Li-ion battery 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 Small Li-ion Battery Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Small Li-ion Battery Market: BYD, China BAK, LG Chem, Panasonic, Samsung SDI, Sony and Tianjin Lishen Battery
Other Prominent Vendors in the market are: ATL, Boston, Cell-Con, Ecsem, Electrovaya, EnerDel, Highpower International, HYB Battery, KAYO, Minamoto, BPB and Sunwoda.
Commenting on the report, an analyst from Technavio’s team said: “The significant role of rechargeable batteries in consumer electronic goods is the major reason for the increased demand of Li-ion batteries in the electronics segment. The growing demand for various electronic devices such as mobile phones, laptops, notebooks, and cameras is resulting in an increased demand for Li-ion batteries.”
According to the report, the demand for small and lightweight devices such as laptops is growing rapidly, which is raising the demand for Li-ion batteries because they can store energy for longer periods and can be manufactured in small and thin sizes.
Further, the report states that li-ion battery manufacturers face some assembly-related issues during the manufacture of these batteries. Adherence to specific standards adds to the costs, which deters manufacturers from investing more in the market. Issues regarding assembly during the manufacture and production of Li-ion batteries are thus hindering the growth of the market.
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