DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2czctz/global_liion) has announced the addition of the "Global Li-ion Battery Market for Digital Cameras 2015-2019" report to their offering.
The global li-ion battery market for digital cameras to decline at a CAGR of 11.8% over the period 2014-2019
The report, Global Li-ion Battery market for Digital Cameras 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Li-ion batteries are most suitable for digital cameras as they have the best weight to energy ratio. This implies that they have a high power density while being lightweight, which is of prime importance. Li-ion batteries also have a protection circuit that ensures safety, making them more compatible for the usage. These batteries have a low self-discharge rate when not in use. In addition, the life span of Li-ion batteries can be increased through regular use, discharging completely, removing the battery when not in use, and avoiding use under extreme temperatures. The demand for small and lightweight digital cameras such as MILCs is growing rapidly, which is raising the demand for Li-ion batteries as they can store energy for longer periods and can be manufactured in small and thin sizes.
According to the report, the increased popularity and shifting consumer interest toward digital photography have positively impacted market growth. Advances in technology, online photo communities, and social networking sites for sharing images have made digital photography more popular among consumers. The availability of image editing tools, such as Adobe Photoshop, and free online tools, such as Picasa, have also shifted the attention of consumers toward digital photography. Another major reason for shifting consumer focus is the benefits associated with digital photography, as these photos can be published, stored, displayed, handled, and archived using various digital technologies, without chemical processing. Thus, these benefits have attracted end-users' interest, thereby driving the demand for digital cameras, which ultimately propels the Li-ion battery market.
Further, the report states that restrictions on lithium content during shipment of li-ion batteries have significantly affected global Li-ion battery shipments, and it is likely that these restrictions will become more stringent in the coming years.
Key Vendors
- LG Chem
- Panasonic
- Samsung SDI
- Sony
Other Prominent Vendors
- America Digital Accessories
- Hanhel Industries
- Lenmar Enterprise
- ShenZhen Sun Rise Digital
For more information visit http://www.researchandmarkets.com/research/2czctz/global_liion
