Lithium Ion Battery Market Global Industry
Insights, Share, Size,Trends, Outlook, and
Opportunity Analysis, 2018–2026
Lithium Ion Battery Market report categorizes global market by
material type, power capacity, and application Global Industry
Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026
Lithium Ion Batteries were introduced in 1970, are voltage-limiting devices, tighter voltage
tolerances and are generally lighter than other types of rechargeable batteries of the same size.
A lot of energy can be stored in lithium ion batteries as lithium is a highly reactive element.
They have a very high energy density with low maintenance and a lithium-ion battery has the
capacity of storing 150 watt-hours of electricity in 1 kilogram of battery. Some of the lithium
ion battery provide high current density and are the choice for the consumers of mobile
electronic equipment, while others provide high current levels and are therefore suitable for
power tools and electric vehicles. Lithium-ion batteries are used in smartphones, e-cigarettes,
hoverboards and electric vehicles. These are also used for remote monitoring systems, due to
the characteristics such as fast charging, small size, relatively long stand-by time, and best
choice for mobility equipment, as they offer relatively long life span.