Li-ion Battery Market in Japan 2015-2019
About Li-ion Battery
A Li-ion battery is a rechargeable battery with the highest electrochemical potential. A positive terminal, a negative terminal, and an electrolyte between the terminals constitute the main parts of the battery. The basic principle of working of Li-ion batteries is to generate power when ions move from a negatively charged anode to the positively charged cathode. 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 in the battery. Once the adapter is removed, this cycle starts again. With time, the charge hold capacity of a Li-ion battery deteriorates because of lack of movement of ions, which are trapped in the anode. Some benefits of using Li-ion batteries include higher current density, low self-discharge rates, and minimal maintenance costs. Li-ion batteries are widely used in the Consumer Electronics, Automotive, Industrial, and Power Grid and Renewable Energy sectors.
TechNavio's analysts forecast the Li-ion Battery market in Japan to grow at a CAGR of 20.6 percent over the period 2014-2019.
Covered in this Report
The Li-ion Battery market in Japan has been segmented based on application: Consumer Electronics, Automotive, Industrial, Power Application, and Others.TechNavio's report, the Li-ion Battery Market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.Key Vendors
Technavio Announces the Publication of its Research Report – Li-ion Battery Market in Japan 2015-2019
Technavio recognizes the following companies as the key players in the Li-ion Battery Market in Japan: Automotive Energy Supply Corp. (AESC), GS Yuasa Corp., Hitachi, Panasonic Corp., Sony Corp, Toshiba Corp.
Other Prominent Vendors in the market are: Blue Energy, Primearth EV Energy, Deutsche ACCUmotive, Johnson Controls, A123 Systems, China BAK Battery, LG Chem, Li-Tec, Lithium Energy, ELIIY and TDK
Commenting on the report, an analyst from Technavio’s team said: “Availability of different types of Li-ion batteries is one of the key trends being witnessed in the market. Various types of Li-ion batteries are available in the market depending on application. End-users choose Li-ion batteries as per their requirements. Lithium cobalt oxide batteries are ideal for cellphones, laptops, and cameras because of their high current densities.”
According to the report, the cost of Li-ion battery is decreasing at a rapid rate because of an increase in end-user applications. The cost of Li-ion batteries has decreased significantly because of the increased use in many applications such as BEVs, PHEVs, HEVs, uninterruptible power supply, forklifts, consumer electronics, and backup power supplies.
Further, the report states that the performance of Li-ion battery is questioned because of overcharging or fluctuating voltage and current. Overcharging of Li-ion batteries in electronic devices will significantly reduce their life and charging capability, which leads to obsolescence of battery.
AESC, GS Yuasa, Hitachi, Panasonic , Sony , Toshiba , Blue Energy, Primearth EV Energy
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