India Lithium-Ion Battery Market: Growing Automotive Sector Noticed by Variant Market Research
Variant Market Research © Manoj Kumkar
According to the latest report published by Variant Market Research, the lithium-ion battery market size in India is estimated to reach $5,022 Million by 2024 from $780 Million in 2016; growing at a CAGR of 26.2% from 2016 to 2024.
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Increasing disposable income to drive the India lithium-ion battery market
The India lithium-ion battery market is driven by factors such as increasing disposable income, growing government programs for manufacturers to set up facilities for producing lithium-ion batteries, and growing automotive sector.Though, huge cost and threat of fire in electronic devices may hamper the market growth. Furthermore, increasing trend of electronic devices amongst youth consumers would provide an opportunity for market players of market. Moreover, the global lithium-ion battery market (including countries like Singapore, Australia, China, United States, and Canada) is also expected to grow over the forecasted period.
Market Segmentations
The lithium-ion battery India market is classified into material type, industry vertical, and geography.Material type segment includes electrolytic solution, cathode, anode, and other materials include (separators, binders, and others). Electronics (smart phones, UPS, laptops/tablets, and others), industrial (construction equipment, mining equipment, smart grid), automotive (scooters & bikes, car, buses, & trucks, train & aircraft), and other industry verticals are covered under the industry vertical sub segment in the lithium ion battery industry in India.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/india-lithium-ion-battery-market/toc
Cathode, by material type, is estimated to dominated the global market in 2016
Cathode held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, as cathode is the key component utilized in the lithium-ion batteries.
Electronics, by industry vertical, is estimated to dominated the global market in 2016
Electronics held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to increasing need of lithium-ion in electronics sector.
Competitive Landscape
The key players of lithium-ion battery market in India are Samsung SDI Co. Ltd., Panasonic Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and Toshiba Corporation, among others.
To browse the complete report, visit @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/india-lithium-ion-battery-market
Scope of the India Lithium-Ion Battery Market
Material Type Segments
• Cathode
• Electrolytic solution
• Anode
• Other Materials
Industry Vertical Segments
• Electronics
o UPS
o Smartphones
o Laptops/Tablets
o Others
• Automotive
o Cars, Busses and Trucks
o Scooters and Bikes
o Train and Aircraft
• Industrial
o Mining Equipment
o Construction Equipment
o Smart Grid
• Other Industry Verticals
Related Topics
1. Global Industrial Robotics Market is estimated to reach $77.7 Billion by 2024, Says Variant Market Research
2. Global Magneto Resistive RAM (MRAM) Market is estimated to reach $807 million by 2024, Says Variant Market Research
3. Global Electric Motor Market is estimated to reach $173 billion by 2024, Says Variant Market Research
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy &Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant- market-research
Contact US:
John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com
Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/india-lithium-ion-battery-market/sample-request
Increasing disposable income to drive the India lithium-ion battery market
The India lithium-ion battery market is driven by factors such as increasing disposable income, growing government programs for manufacturers to set up facilities for producing lithium-ion batteries, and growing automotive sector.Though, huge cost and threat of fire in electronic devices may hamper the market growth. Furthermore, increasing trend of electronic devices amongst youth consumers would provide an opportunity for market players of market. Moreover, the global lithium-ion battery market (including countries like Singapore, Australia, China, United States, and Canada) is also expected to grow over the forecasted period.
Market Segmentations
The lithium-ion battery India market is classified into material type, industry vertical, and geography.Material type segment includes electrolytic solution, cathode, anode, and other materials include (separators, binders, and others). Electronics (smart phones, UPS, laptops/tablets, and others), industrial (construction equipment, mining equipment, smart grid), automotive (scooters & bikes, car, buses, & trucks, train & aircraft), and other industry verticals are covered under the industry vertical sub segment in the lithium ion battery industry in India.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/india-lithium-ion-battery-market/toc
Cathode, by material type, is estimated to dominated the global market in 2016
Cathode held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, as cathode is the key component utilized in the lithium-ion batteries.
Electronics, by industry vertical, is estimated to dominated the global market in 2016
Electronics held for the highest market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024, due to increasing need of lithium-ion in electronics sector.
Competitive Landscape
The key players of lithium-ion battery market in India are Samsung SDI Co. Ltd., Panasonic Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and Toshiba Corporation, among others.
To browse the complete report, visit @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/india-lithium-ion-battery-market
Scope of the India Lithium-Ion Battery Market
Material Type Segments
• Cathode
• Electrolytic solution
• Anode
• Other Materials
Industry Vertical Segments
• Electronics
o UPS
o Smartphones
o Laptops/Tablets
o Others
• Automotive
o Cars, Busses and Trucks
o Scooters and Bikes
o Train and Aircraft
• Industrial
o Mining Equipment
o Construction Equipment
o Smart Grid
• Other Industry Verticals
Related Topics
1. Global Industrial Robotics Market is estimated to reach $77.7 Billion by 2024, Says Variant Market Research
2. Global Magneto Resistive RAM (MRAM) Market is estimated to reach $807 million by 2024, Says Variant Market Research
3. Global Electric Motor Market is estimated to reach $173 billion by 2024, Says Variant Market Research
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy &Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant- market-research
Contact US:
John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com