DUBLIN, Feb. 1, 2018 /PRNewswire/ --
The "Global Manganese Battery Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global manganese battery market to grow at a CAGR of 7.12 % during the period 2018-2022.
Global Manganese Battery Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is Demand for cleaner fuels. There are mounting concerns over the quantity of CO2 being produced from various activities worldwide. CO2 emissions have been increasing in line with economic activities. However, efforts by countries in decarbonizing the power system by shifting to renewable energy have helped in controlling CO2 emissions.
The latest trend gaining momentum in the market is decrease in lithium-ion battery price. The Li-ion battery market is gaining momentum rapidly and is flourishing in the global battery market. Liion batteries offer high energy density and better work cycle without affecting the battery life, thus delivering a longer run time. The benefits of Li-ion batteries are adding to their popularity and displacing lead-acid batteries in industrial uses. The differentiating factor between Li-ion and lead-acid batteries is the price. Li-ion batteries are costlier than lead-acid batteries.
Further, the report states that one of the major factors hindering the growth of this market is Widening lithium supply-demand gap. The global lithium market is facing a deficit of lithium, which is likely to continue during the forecast period, owing to the high demand from the EV battery sector. According to the IEA, electric car stocks increased from few hundreds in 2005 to more than 1 million in 2015. This led to an increased demand for lithium, as EVs are generally powered by Li-ion batteries. This sudden increase in demand has resulted in a supply deficit in the market.
- EaglePicher Technologies
- Energizer Holdings
- Maxell Holdings
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation By Battery Type
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/bt7bkd/global_manganese?w=5
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