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"India Lithium-Ion Battery Market is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025".
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India Lithium-Ion Battery Market Published by :Accurize Market Research Pvt. Ltd.
India Lithium-Ion Battery Market is Estimated to Reach $5 Billion by 2025, Says Accurize Market Research • India lithium-ion battery market report published by Accurize Market Research forecast that the global market is expected to reach $5 billion by 2025; growing at a CAGR of 26.2% from 2017 to 2025. A lithium-ion battery or Li-ion battery is a type of rechargeable battery in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. The lithium-Ion batteries are currently imported from China primarily as India does not have any manufacturing plant at present. • Request Sample: https://www.accurizemarketresearch.com/report/india-lithium-ion-battery-market/sample-request
Upsurge in demand for electronic devices such as smart phones and tablets across the country to drive the growth of the market • Rise in disposable income of buyers has led to upsurge in demand for electronic devices such as smart phones and tablets which has further supplemented the growth of lithium-Ion batteries in India. • Moreover, government initiative to reduce pollution level and growth in automotive sector has increased the production of electric vehicles.
Market Segmentation • The India lithium-ion battery market has been bifurcated on the basis of material type and industry vertical. The material segment includes cathode, anode, electrolytic solution, and other materials. Industry vertical segment is categorized as electronics, automotive, industrial, and other industry verticals. • Request Customization: https://www.accurizemarketresearch.com/report/india-lithium-ion-battery-market/ask-for-customization
Top players in the market The key market players include • Hitachi Chemical Co., Ltd., • Samsung SDI Co. Ltd., • Panasonic Corporation, • Toshiba Corporation, • China BAK Battery Co. Ltd., among others.
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