Lithium-Ion Battery Market - Global Industry Size, Market Share, Trends, Analysis And Forecasts 2012 - 2018
The lithium–ion battery market is experiencing an upsurge in demand due to the increased use of these batteries in automotive applications. The major advantages of this energy sources are features such as light weight, environment friendly, rechargeable, slow loss of charge when not in use and others. After the successful application of lithium-ion batteries in the consumer electronics market, it is being adapted for industrial applications as well.
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