Report ID: SQMIG20D2153
Lithium-Ion Battery Market Size, Share, Growth Analysis, By Type (Lithium Nickel Manganese Cobalt, Lithium Iron Phosphate), By Material (Cathode material, Anode material), By Capacity (10,001 – 60,000 mAh, Above 60,000 mAh), By Voltage (Medium, High), By Region -Industry Forecast 2024-2031.
Report ID:
SQMIG20D2153 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
100 |
Figures:
74
Lithium-Ion Battery Market Dynamics
Lithium-Ion Battery Market Drivers
Increasing popularity and usage Of electric vehicle is boosting the Lithium-Ion Battery market
- Compared to internal combustion engine, electric vehicle have reduced the harmful impacts on the climate .Government all across the globe is proposing to the consumers to purchase electric vehicle because of the various initiatives of greener and population free mobility.Theses several initiatives and awareness among the consumers regarding the environment will drive the Lithium ion battery market.
Lithium-Ion Battery Market Restraints
Alternate battery options and demand slow down and hinder the market growth
- A major lithium ion battery is around 40% more costlier than the manufacturing nickel cadmium cells. Along with it, many airlines across the world limit the number of lithium and batteries consumer stake for the transportation, therefore, the consumers across the globe. Prefer alternate batteries which are easy to commute as well as cost saver. These factors of cost as well as transportation is hindering the growth of lithium ion battery.
Lithium-Ion Battery Market Report Snapshots
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