123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

Lucintel Analysis:consumer Electronics And Automotive Segments To Offer Good Growth Opportunities

By Author: Roy Almaguer
Total Articles: 84

The global battery industry witnessed good growth during the past decade and holds immense growth potential for the future. The global market size for batteries is expected to reach $86.6 billion by 2018. The industry is boosted by growing demand of battery in consumer electronic productsand automotive vehicles.Growing demand of electric, hybrid electric, and plug-in hybrid electric vehicles are creating huge growth opportunities for the battery industry.Technological development, increasing disposable income of customers, development of new application for batteries, and decreasing prices of raw materials for manufacturing latest battery products further aided the battery Industry.
Lucintel, a leading global management consulting and market research firm, has conducted a detailed analysis on the various types of batteries manufactured and presents its findings in “TheGlobal Battery Industry 2013-2018: Trend, Profit, and Forecast Analysis.” Trends are favorable for growth which should allow for participation by all players. There is a significant difference in growth potential among the application industries and regions, and should yield better returns for suppliers who are positioned well in them.
The report describes the challenges faced by the industry indisposal and recycling of both lead-acid and Ni-MH batteriesas they possess certain environmental issues. Hence, stringent environmental policies are there to govern manufacturing as wellas recycling of such batteries. The industry also requires significant level of capital investments and sophisticated technological capabilities to manufacture lithium-ion batteries.
The report also briefly mentions the major drivers of the industry. Use of lithium-ion batteries in EV, HEV and PHEV are creating enough opportunities for the growth. Demand of lead-acid batteries for SLI (starting, lighting, and ignition) purpose in automobiles contributed significantly in the industry growth. Demand of batteries having more power output with low weight at competitive prices will favor the growth in consumer electronics segment.

This market report discloses the emerging trends of the industry which helps the industry players to get a brief scenario prevailing in the industry. The battery manufacturers should be well aware of the unmet needs in the industry, so that they can fulfill the needs of the industry and increase marketshare. It also provides major drivers and challenges which will help the companies to identify their strengths, find whether they are able to cope up with the challenges, and compete in the market.

For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com. For more information please follow Lucintel at Facebook: https://www.facebook.com/lucintel. Twitter: https://twitter.com/lucintel. LinkedIn: http://www.linkedin.com/company/357023?trk=tyah&trkInfo=tas%3Alucintel%2Cidx%3A1-1-1

Total Views: 107Word Count: 431See All articles From Author

Business Articles

1. Advantages And Disadvantages Of Concrete Staining
Author: Ben Lager

2. What To Look For When Hiring An Ocean Freight Shipping Company
Author: William Santos

3. Top 4 Advantages Of Concrete Coating
Author: Ben Lager

4. Centrifugal Blower Manufacturer In India|centrifugal Blower Fan
Author: sara

5. Building A Modern Architecture Homes- Planning And Concept
Author: Leila Adam

6. Thorough Proofreading Finesses Documents, Raises The Organization’s Reputation
Author: NetZealous LLC, DBA TrainHR

7. Design And Build Contractor Singapore – Get The Best Services From Interior Renovation Contractor!
Author: James Han

8. Meishen–a Bright Star In Magnesium Oxide Industry
Author: hu Allen

9. Grow Customer Base And Market Presence With Pharmacist Email Lists For Your Business Campaign
Author: Adam Tyson

10. Adapt New Forms Of B2b Communication With Infection Control Directors Mailing List
Author: Andrew Rayel

11. Moby Wrap Baby Carrier
Author: babycarriersaustralia21

12. Care For Your Deck
Author: Blue Star Carpentry has been specializing in custom decks for over a decade. When you sit outside wi

13. How Does A Small B2b Company Increase The sales?
Author: Mohit Yadev

14. Latest Job Vacancies In India
Author: careersresults

15. Why Are Aap And Congress Supporters Opposing A Tax Reform Like The Gst? Are They Anti-nationals?
Author: Mohit Yadev

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: