ACCESS Newswire
24 Mar 2020, 19:49 GMT+10
Leading players in the lithium-ion battery pack market are leveraging on the soaring sales of plug-in and electric vehicles, which comprise lithium-ion batteries, thereby positively impacting their sales.
ROCKVILLE, MD / ACCESSWIRE / March 24, 2020 / Increasing power demand for multiple applications - where exists a need for safe and reliable battery packs - are propelling the sales of lithium-ion battery packs. As reported by Fact.MR in a new study that provides inclusive analysis of the lithium-ion battery pack market, it is projected that the market will grow at an impressive CAGR of 12% during the forecast period (2019 to 2028). Furthermore, the market is receiving impetus on the back of a surge in disruptive technologies, smart grid storage, and data centers among others.
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Lithium-ion Battery Pack Market - Key Takeaways
Lithium-ion Battery Pack Market - Key Driving Factors
Explore the complete lithium-ion battery pack market report with detailed market segmentation, 184 illustrative figures, and 84 data tables at -
https://www.factmr.com/report/3120/lithiumion-battery-pack-market
Lithium-ion Battery Pack Market - Key Restraint
Competition Landscape
Some of the key players in the global automotive lithium-ion battery pack market include Automotive Energy Supply Corporation, Panasonic Corporation, BYD Company Limited, GS Yuasa Corporation, LG Chem Ltd., Samsung SDI Co., Ltd., Tesla Motors, Inc., Hitachi Chemical Company, Ltd., Narada Power Source Co. Ltd., and Johnson Controls International Plc., among others. The market leaders are focusing on establishing partnerships with end-use industries to gain a competitive edge over the other market players.
About the Report
This 170-page study offers readers a comprehensive market forecast of the lithium-ion battery pack market. With historical demand data (2014-2018) and forecast statistics for the period, 2019-2029, the study divulges compelling insights on the microcontroller market based on battery type, cell type, and end-use, across seven major regions.
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About Fact.MR
Expert analysis, actionable insights, and strategic recommendations of the veteran research team at Fact.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over a thousand reports and 1 million+ data points, the team has scrutinized the Industrial Goods sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Fact.MR's latest industrial goods market reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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PR- https://www.factmr.com/media-release/1343/global-lithiumion-battery-pack-market
SOURCE: FactMR
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