Posts

Showing posts from 2020

Market Study on Lithium Ion Batteries

Image
Market Study on Lithium Ion Batteries: India electric vehicles market is expected to expand at a CAGR of 17% Addressing a webinar on 'India's Electric Vehicle Roadmap post-COVID-19', Gadkari assured the electric vehicles sector of all the support in view of disruptions caused by the coronavirus crisis Download Sample Report  Lithium-ion Battery Module, Pack Assembly: Detailed Techno-Economic Feasibility Report In a new report published by Persistence Market Research titled “Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025),” it has been observed that the India electric vehicles market is expected to expand at a CAGR of 17% in terms of value during the forecast period. On the present trend in the global market, Union minister Nitin Gadkari  said, "The world is no more interested in doing business with China, which is a very good opportunity for Indian industry to pick up the shift in business." According to this report, market pl

Lithium Ion Battery Market 2030

Image
Lithium Ion Battery Market Overview: Global lithium ion battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025, growing at a CAGR [1] of 17.1% from 2018 to 2025. Asia-Pacific region is expected to occupy the largest share of the global lithium ion battery market in 2018. Future Outlook: India Lithium Ion Cell and Battery Market are expected to grow in the future at a CAGR of 36.3% driven by increased use of lithium ion battery in electric vehicles, rise in public awareness to reduce carbon emissions, government plans and actions to bring in sale of all electric vehicles by 2030. The lithium ion battery market in India gained popularity in the year FY' 2014 due to sharp rise in demand from the telecom providers in the country, while consumer appliances have been largely dependent on these batteries. The main boom in the market came from increased use by the teleco

Lithium-ion Market 2020-2025

Image
LITHIUM ION BATTERY MARKET OVERVIEW: Global lithium ion battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025, growing at a CAGR of 17.1% from 2018 to 2025. Asia-Pacific region is expected to occupy the largest share of the global lithium ion battery market in 2018.   The market for lithium-ion battery is expected to register a CAGR of 22.58%, during the forecast period (2020-2025). Major factors driving the market studied are the emergence of new and exciting markets, via electric vehicle and energy storage systems (ESS), for both commercial and residential applications, declining lithium-ion battery prices, and the increasing sale of consumer electronics. However, the increasing demand-supply mismatch of raw materials is likely to hinder the growth of the market studied. The Government of India (GoI) recently announced plans for transition to all electric transportation by 2030. GoI also introduced the Faster Adoption and M