Lewes, DE -- (SBWIRE) -- 04/30/2015 -- Report forecast the Li-ion Battery Market in APAC to grow at a CAGR of 12 percent over the period 2014-2019.

Li-ion batteries are rechargeable batteries used for powering various devices and applications. They have the highest electrochemical potential. Li-ion batteries generate power by moving ions from a negatively charged anode to a positively charged cathode. During discharge, ions move from the anode to the cathode releasing energy. However, during charging, electricity from the adapter forces ions to return to the anode. Once the adapter is removed, the cycle starts all over again. With time, the charge holding capacity of a Li-ion battery deteriorates because of the lack of movement of ions that are trapped in the anode. Advantages such as compact size, light weight, enhanced power, and high capacity have led to increased demand for these batteries in various segments.

The Li-ion battery market in the APAC has been segmented based on key countries and applications.

According to the report, the growing pollution and decreasing fossil fuel reserves has raised government attention toward the use of EVs. Increasing carbon emissions have increased global warming at an alarming rate, which has forced countries worldwide to curb their carbon emissions. Various countries across the APAC are providing incentives to support zero emission cars such as EVs, PHEVs, and BEVs. Countries such as Japan, South Korea, and China are providing subsidies to promote EVs in the market.

Further, the report states that lack of a charging infrastructure for EVs is curtailing the growth of the Li-ion battery market in South Korea.

Li-ion Battery Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Li-ion battery market landscape in the APAC and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in Li-ion Battery Market in the APAC 2015-2019: Automotive Energy Supply Corp., BYD Co. Ltd, Coslight Technology International Group, GS Yuasa Corp., Kokam Co. Ltd., LG Chem, Panasonic Corp., Samsung SDI Co. Ltd., Shenzhen BAK Battery Co. Ltd., Sinopoly Battery, SK Innovation Co. Ltd., Sony Corp. and Tianjin Lishen Battery Co. Ltd.

Other Prominent Vendors in the market are: Amperex Technology, Hitachi, Toshiba, Primearth EV Energy, A123 Systems, Highpower International, HYB BATTERY, Kokam, SCUD Group, Sealed Energy Systems, Shenzhen Blazerpower Battery, Shenzhen Jixinglong Industry, Shenzhen Kayo Battery Sunwoda, TDK Corp and Vitzrocell

Market driver
- Increased government support for EVs
- For a full, detailed list, view our report

Market challenge
- Safety concerns
- For a full, detailed list, view our report

Market trend
- Upcoming South Korean firms on the supply front
- For a full, detailed list, view our report

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?

Spanning over 172 pages and 69 Exhibits "Li-ion Battery Market in the APAC 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Key Takeaways, Introduction to Li-ion Batteries, Market at a Glance, Introduction, Market Landscape, Market Segmentation by Application, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Profile.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/li-ion-battery-market-apac-2015-2019

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