Global Li-ion Battery Market in the Transportation Sector Expected to Reach Nearly USD 11 Billion by 2019: Technavio

LONDON

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
• AESC
• Blue Energy
• BYD
• Coslight
• Hitachi
• Johnson Matthey
• LG Chem
• Panasonic
• SAFT
• Sinopoly Battery
• Tianjin Lishen Battery
• Toshiba

Technavio’s latest reports in the li-ion battery area:

Global 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

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150814005136/en/

Technavio Research
Jesse Maida
Media & Marketing Executive
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media@technavio.com