LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global li-ion battery market in the transportation sector states that li-ion battery shares in the e-bike segment will increase during the forecast period. Analysts have predicted a growth rate of over 21% between 2015 and 2019.
The global li-ion battery market is also growing in the ESS sector. Both markets will see a drastic reduction in li-ion battery costs by 2020.
“The entry of international players in China's market will boost li-ion battery production and growing traction of electric vehicles will increase the demand for li-ion batteries,” says Faisal Ghaus, Vice President of Technavio.
The report provides an in-depth analysis on the market’s major drivers, risks and challenges, emerging trends and key vendors.
The most prominent companies are as follows:
- A123 Systems
- Blue Energy
- Johnson Matthey
- LG Chem
- Sinopoly Battery
- Tianjin Lishen Battery
Technavio’s latest reports in the li-ion battery area:
Li-ion Battery Market in Transportation Sector 2015-2019
Global Li-ion Battery Market for ESS 2015-2019
Li-ion Battery Market for E-cigarettes in the US 2015-2019
Global Li-Ion Battery Market for Power Tools 2015-2019
Global Li-ion Battery Market for E-bikes 2015-2019
Global Li-ion Battery Market for Digital Cameras 2015-2019
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