North America Lithium-Ion Battery Market By Material Type (Cathode, Anode, Electrolytic Solution), Vertical (Electronics, Automotive, Industrial)
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Market Report Description
The North America Lithium-Ion Battery Market would witness market growth of 10.3% CAGR during the forecast period (2017-2023). North America is expected to witness a significant growth over the forecast period and it is due to growing demand for electric vehicles and growth in the consumer electronics sales in countries such as U.S. and Mexico. The demand for lithium ion batteries in smart phones due to its extended shelf life and enhanced efficiency would drive the lithium-ion battery market. Nevertheless, recent innovations that support high-efficiency and longer power back-ups in smartphones/TABLEts/PCs would propel the technology expansion to a wider spectrum of end users. Emerging technologies such as flexible batteries and aluminum-ion batteries would throw stiff competition to the market expansion.
Based on Material Type, the Lithium-Ion Battery market segments the market into Cathode, Anode, Electrolytic Solution, and Others. Based on Vertical, the market report segments the market into Electronics, Automotive, Industrial, and Others. Based on Countries, the Lithium-Ion Battery market segments the market into US, Mexico, Canada, and Rest of North America. The market research report covers the competition analysis of key stake holders of the North America Lithium-Ion Battery Market.
Key companies profiled in the report include Toshiba Corporation, Panasonic Corporation, GS Yuasa Corporation, Automotive Energy Supply Corporation (AESC), BAK Group, Samsung Electronics Co. Ltd. (Samsung SDI Co. Ltd.), Hitachi, Ltd. (Hitachi Chemical Co., Ltd.), LG Corporation (LG Chem), BYD Company Ltd., and A123 Systems, LLC.