Albany, NY -- (SBWire) -- 12/08/2016 --A Li-ion battery is a rechargeable battery with the highest electrochemical potential. A positive terminal, a negative terminal, and an electrolyte between the terminals constitute the main parts of the battery. The basic principle of working of Li-ion batteries is to generate power when ions move from a negatively charged anode to the positively charged cathode. When the battery discharges, the movement of ions from the anode to the cathode releases energy. On the other hand, during charging, electricity from the adapter forces the ions to return to the anode in the battery. Once the adapter is removed, this cycle starts again. With time, the charge hold capacity of a Li-ion battery deteriorates because of lack of movement of ions, which are trapped in the anode. Some benefits of using Li-ion batteries include higher current density, low self-discharge rates, and minimal maintenance costs. Li-ion batteries are widely used in the Consumer Electronics, Automotive, Industrial, and Power Grid and Renewable Energy sectors.
The Li-ion Battery market in Japan to grow at a CAGR of 20.6 percent over the period 2014-2019. The Li-ion Battery market in Japan has been segmented based on application: Consumer Electronics, Automotive, Industrial, Power Application, and Others.
TechNavio's report, the Li-ion Battery Market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key Vendors
- AESC
- GS Yuasa
- Hitachi
- Panasonic
- Sony
- Toshiba
Other Prominent Vendors
- Blue Energy
- Primearth EV Energy
Market Driver
- Declining Cost Trend of Li-ion Battery
- For a full, detailed list, view our report
Market Challenge
- Lack of Performance due to Over Charging and Fluctuating Current/Voltage
- For a full, detailed list, view our report
Market Trend
- Increased Influence of Consumer Electronics Sector
- For a full, detailed list, view our report
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Key Questions Answered in this Report:
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Li-Ion Battery Market in Japan Is Expected to Grow at a CAGR of 20.6% over Forecast 2015-2019
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