Erythropoietin Drugs Market Is Expected To Witness CAGR Of 11.5% During The Forecast Period 2014-2025

Global Erythropoietin (EPO) Drugs Market is expected to reach USD 17.4 billion by 2025, according to a new report by Grand View Research, Inc. Rising incidence of chronic diseases such as CKD and cancer resulting in anaemia is a major growth driver of this market.

According to the statistics published by the National Heart, Lung, and Blood Institute of the U.S. Department of Health & Human Services, over 3 million people are affected by anemia every year and this number is expected to increase over the forecast period. This showcases the need for erythropoietin-stimulating agents in the coming years.

Introduction of novel drugs and their cheaper biosimilar formulations with enhanced efficacy and cost-effectiveness is also expected to serve this industry with lucrative opportunities. For instance, development of numerous biosimilars in the European market is expected to gain traction and increase their usage rates, owing to associated benefits such as less time required for approval, cost-efficiency, and enhanced therapeutic effect.

Companies are involved in extensive R&D initiatives for development of innovative molecules and discovering new therapeutic areas for existing drugs. For instance, in April 2016, Sandoz received approval from the European Commission for use of its biosimilar Binocrit in nephrology indications, thereby extending the therapeutic area of its product portfolio.

Moreover, many of the industry players in the U.S., Europe, and Asia Pacific are involved in the development of new biosimilars. For example, Biocon’s subsidiary Syngene International entered into an agreement with Bristol-Myers Squibb to extend their drug discovery and development program in India. This enables Biocon to enhance its erythropoietin drugs portfolio. Expected product approvals in the coming years are anticipated to fuel market growth.

Full Research Report on Global Erythropoietin Drugs Market Analysis:
http://www.grandviewresearch.com/industry-analysis/erythropoietin-epo-drugs-market

Further key findings from the study suggest:

• The biologics segment is declining over the forecast period owing to patent expiration of branded biologics and introduction of biosimilars in the market
• The patent for Aranesp (darbepoetin-alfa) will expire in 2024 in the U.S. and is expected to provide numerous future growth opportunities for new market entrants
• Epoetin-alfa held the largest share of product segment owing to its early introduction in the U.S. market and patent protection
• Epoetin-omega and epoetin-zeta are anticipated to exhibit lucrative growth over the forecast period owing to associated benefits such as longer half-life and enhanced therapeutic effects
• Use of erythropoietin drugs for treatment of renal diseases held a dominant share as of 2016 owing to the increasing incidence of chronic kidney diseases
• The Asia Pacific regional industry for erythropoietin-stimulating agents is expected to witness lucrative CAGR during the forecast period
• Industry participants are focusing on the discovery of new therapeutic areas for existing drugs and development of cost-effective biosimilars, thereby increasing R&D activities for the development of erythropoietin drugs.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the Global Erythropoietin (EPO) Drugs Market on the basis of the drug class, product, application, and region:

Erythropoietin Drugs Drug class Outlook (Revenue, USD Million, 2014 - 2025)

• Biologics
• Biosimilar

Erythropoietin Drugs Product Outlook (Revenue, USD Million, 2014 - 2025)

• Epoetin-alfa
• Epoetin-beta
• Darbepoetin-alfa
• Others

Erythropoietin Drugs Application Outlook (Revenue, USD Million, 2014 - 2025)

• Cancer
• Hematology
• Renal Diseases
• Neurology

Erythropoietin Drugs Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• MEA
• South Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-erythropoietin-epo-drugs-market                         

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Disposable Medical Sensors Market Size Is Projected To Reach $12.3 Billion By 2025

Global Disposable Medical Sensors Market is expected to reach USD 12.3 billion by 2025, according to a new report by Grand View Research, Inc. Increasing prevalence of chronic diseases has been observed to be a major factor driving growth which is demanding for better healthcare service provision by high quality diagnostic and monitoring devices. These devices will enable patients to self-monitor and along with easy and affordable usage. In addition, the rapidly rising technological advancements is expected to bring in innovation in medical sensors.

The market is also being driven by government initiatives to fund and encourage R&D which in turn will help in launching innovative products. For instance, the government of India increased the health expenditure from 1.4% to 2.5% for innovations, and other healthcare services. Innovations in medical sensors not only instill ease of use but also assist in making the device portable and automated.

On the basis of product, the biosensor segment is accounted to be the spearhead in 2016 and is expected to maintain its dominance over the forecast period. This can be attributed to the rising demand for rapid and accurate diagnostic kit. Development of such diagnostic tools is expected to further create new growth opportunities for biosensors, thereby supporting growth of the disposable medical sensors market. Launching of new products are expected to fuel market growth. For instance, Raiing Medical launched wearable thermometer in 2016 that is rechargeable and waterproof. Similarly, MEMSIC Inc. launched new pressure sensor in 2017 which is used in breath detection.

Full Research Report on Global Disposable Medical Sensors Market Analysis:
http://www.grandviewresearch.com/industry-analysis/disposable-medical-sensors-industry

Further Key Findings From the Report Suggest:

• Globally, disposable medical sensors witnessed lucrative growth in 2016 and are expected to grow at a CAGR of 10.2% from 2017 to 2025
• Biosensor segment has been observed to be the largest product segment in 2016 and is estimated to generate revenue of over USD 6.03 billion by 2025
• On the basis of application, the diagnostic segment is expected to dominate the market space. This is attributed to the increasing incidence of various infectious and other chronic conditions, along with the growing awareness among the population.
• The industry in Asia Pacific is expected to witness substantial growth over the next decade owing to the increasing incidence of diseases and the geriatric population with high unmet healthcare needs.
• Some of the key players in this industry are Medtronic, Philips, GE Healthcare, OmniVision Technologies, Sensiorion AG, Smiths Medical, and Analog Devices.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Disposable Medical Sensors Market on the basis of product, distribution channel, end use, and region:

Product Outlook (Revenue, USD Million, 2014 - 2025)

• Biosensors
• Pressure sensors
• Accelerometer sensors
• Temperature sensors
• Image sensors

Type Outlook (Revenue, USD Million, 2014 - 2025)

• Strip sensors
• Wearable sensors
• Implantable sensors
• Invasive sensors
• Ingestible sensors

Application Outlook (Revenue, USD Million, 2014 - 2025)

• Diagnostic
• Therapeutic
• Patient monitoring

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Mexico
• Middle East Asia
• South Africa
• Saudi Arabia

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-disposable-medical-sensors-market                        

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Cell Line Development Market Is Anticipated To Reach $6.24 Billion By 2022

Global Cell Line Development Market size is expected to reach USD 6.24 billion by 2022, according to a new report by Grand View Research, Inc. The Increasing demand for monoclonal antibodies and patent expiration of blockbuster biologics are expected to drive the cell line development industry over the forecast period.

Increasing prevalence of autoimmune diseases and cancer are likely to increase the demand for accurate and cost effective treatment options which is expected to render a positive impact on market growth. In addition, improving healthcare infrastructure, economic development and favorable government initiatives promoting the growth of the biotechnology industry are factors contributing towards the growth of the cell line development market.

Ongoing R&D for stable & authentic cell lines and the introduction of technologically advanced processes such as single use bioreactor and micro bioreactor for large scale bioproduction are further expected to provide this market with lucrative future growth opportunities.

Full Research Report On Global Cell Line Development Market Analysis:
http://www.grandviewresearch.com/industry-analysis/cell-line-development-market

Further key findings from the study suggest:

• Reagent and media was the largest product market in 2014, owing to increasing number of cell culture procedures. Reagent and media are necessary components involved in cell line development procedures & cell culture and are cost intensive in nature. The market for reagent and media was valued at over 1.0 billion in 2014.
• Mammalian cell lines were widely used as a source for cell line development in 2014, owing to associated advantages such as accurate complex protein expression nature, critical for the production of monoclonal antibodies, vaccines, and biologics.
• Cell line development finds the largest application in the bioproduction of biologics, vaccines, Mabs, therapeutic proteins and biosimilars. Rising demand for monoclonal antibodies and vaccines are expected to boost the growth of this segment over the forecast period. The market for cell line development based bioproduction is also expected to witness lucrative growth of over 12.5% during the forecast period.
• North America was the largest market in 2014, with revenue estimated at over 800 million. The region’s market dominance is attributed to factors such as the growing adoption rates of cell culture techniques, presence of well developed healthcare infrastructure, supportive government initiatives and high healthcare expenditure levels.
• Asia Pacific cell line development market is anticipated to register rapid growth over the forecast period owing to factors such as the presence of high unmet needs, rising number of CROs (Contract Research Organization) providing pertinent services, growing R&D investments aimed at the development of stable cell lines and increasing biologics production.
• Key players in this market include European Collection of cell Cultures (ECACC), Lonza Group AG, GE Healthcare, Thermo Fisher Scientific Inc., Sartorious AG, Selexis SA, Wuxi AppTec Inc., Sigma-Aldrich Corporation, American Type Culture Collection (ATCC) and Corning Inc. 

View more reports of this category by Grand View Research at: 

http://www.grandviewresearch.com/industry/clinical-diagnostics

For the purpose of this study, Grand View Research has segmented the Global Cell Line Development Market on the basis of product, source, type of cell line, application and region:

Global Cell Line Development Product Outlook (Revenue, USD Million, 2012 - 2022)

·         Reagents and media

·         Equipment Accessories and consumables

§  Incubators

§  Centrifuges

§  Bioreactors

§  Storage equipment

§  Microscopes

Global Cell Line Development Source Outlook (Revenue, USD Million, 2012 - 2022)

·         Mammalian

·         Non mammalian

§  Insects

§  Amphibians

Global Cell Line Development Type Of Cell Line Outlook (Revenue, USD Million, 2012 - 2022)

·         Recombinant cell lines

·         Hybridomas

·         Continuous cell line

·         Primary cell lines

Global Cell Line Development Application Outlook (Revenue, USD Million, 2012 - 2022)

·         Bioproduction

·         Drug discovery

·         Toxicity testing

·         Tissue engineering

·         Research

Cell Line Development Regional Outlook (Revenue, USD Billion, 2014 - 2022)

·         North America

§  U.S.

§  Canada

·         Europe

§  Germany

§  UK

·         Asia Pacific

§  China

§  Japan

§  India

·         Latin America

§  Mexico

§  Brazil

·         MEA

§  South Africa

View Press Release of this research report by Grand View Research: 

http://www.grandviewresearch.com/press-release/global-cell-line-development-market                       

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Heat Transfer Fluids Market Is Projected Growing At A CAGR Of 6.1% From 2015 To 2022

Global Heat Transfer Fluids Market is expected to reach USD 3.68 billion by 2022, according to a new study by Grand View Research, Inc. Imminent need to manage excessive heat in several manufacturing industries including automotive, metal processing, pharmaceuticals, and food processing is a major factor driving heat transfer fluid demand across the globe. Surging requirement for application specific fluids with optimum thermal coefficient is also anticipated to fuel industry growth over the forecast period. Rapid industrialization in BRICS markets is expected to help in market development over the forecast period. 

Stringent environment regulations coupled with volatile raw material prices are expected to pose threat to industry profitability. Development of bio-based or water-based heat transfer fluids is anticipated to create lucrative opportunities for industry participants. 

Silicone & aromatics formed the largest product segment with demand share exceeding 40% in 2014.

The segment is expected to gain share over next seven years on account of increasing  requirement for synthetic thermal oils in these applications is expected to drive the product market over the forecast period. Glycols are expected to witness maximum gains in its market size over the forecast period on account of excellent antifreeze properties. 

Full Research Report on Global Heat Transfer Fluids Market Analysis:
http://www.grandviewresearch.com/industry-analysis/heat-transfer-fluids-market

Further key findings from the study suggest:

• Global heat transfer fluids market demand was 465.9 kilo tons in 2014 and is expected to reach 745.3 kilo tons by 2022, growing at a CAGR of 6.1% from 2015 to 2022
• Oil & gas was the leading application segment and accounted for 23.8% of total market volume in 2014. HTF demand in this segment is expected to witness a modest growth over the forecast period. Increasing use of heating oil in offshore oil & gas thermal processes is anticipated to fuel market growth.
• CSP is expected to witness significant gains in its size over the forecast period on account of growing energy demand and favorable government initiatives particularly in Spain, U.S. and Middle East.
• Europe was the largest regional market and accounted for over 30% of global demand in 2014. Power and energy sector is highly active in these regions owing to high energy requirements from industrial sectors. Large scale urbanization coupled with increased usage of automobiles is expected to steer the demand for coolants and other heat transfer fluids.
• Asia Pacific is expected to witness the highest growth of 7.0% from 2015 to 2022 on account of growing chemical and food & beverage industry in China, India and Indonesia.
• Major companies operating in global heat transfer fluids market include Dow Chemicals, Shell, ExxonMobil, Eastman Company, BASF, Huntsman Corporation, Chevron Corporation.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

Grand View Research has segmented the heat transfer Global Fluids Market on the basis of product, application and region:

Global Heat Transfer Fluids Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Silicone & Aromatics
• Mineral Oils
• Glycol-Based Fluids
• Others

Global Heat Transfer Fluids Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Oil & Gas
• Chemical
• Concentrated Solar Power (CSP)
• Food & Beverages
• Plastics
• Pharmaceuticals
• Heating, Ventilating & Air Conditioning (HVAC)
• Others

Global Heat Transfer Fluids Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific Middle East & Africa
• China
• India
• Japan
• Central & South America

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-heat-transfer-fluids-market                      

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Metal Stamping Market IS Anticipated To Growing At A CAGR Of 4.3% During Forecast Period 2014-2025

Global Metal Stamping Market is expected to reach USD 299.6 billion by 2025, according to a new report by Grand View Research, Inc. The increasing use of sheet metal in application industries such as automotive, industrial machinery, and consumer electronics is expected to drive industry growth.

Rising number of fabricators in Asia Pacific region is expected to be a key driving factor for the industry. The increasing R&D investment by companies to improve efficiency and operational-ability of stamping machinery is expected to promote growth over the forecast period.

Metal prices have seen constant fluctuations in the past few decades. The growing demand from end-use industries as well as economic growth and its subsequent decline has resulted in volatility in the prices. However, the prices witnessed an overall downfall in the recent past which is expected to aid the use of metal and stamping processes.

The stamping industry is highly competitive with a presence of companies catering to local as well as global market. Players in the industry compete on the basis of service, customized products and expertise in the manufacturing of stamped parts and sign a long-term agreement with the OEMs to ensure constant demand.

Full Research Report on Global Metal Stamping Market Analysis:
http://www.grandviewresearch.com/industry-analysis/metal-stamping-market

Further key findings from the report suggest:

• Blanking is an integral part of the automobile manufacturing chain and is expected to witness significant growth in demand over the forecast period owing to its precise and superior blanking technologies introduced in the industry
• The use of laser embossing for engraving patterns and dates on automotive components and on license plates is expected to augment the demand for the process and is projected to account for 22.2% by 2025
• Metal stamping in automotive application to manufacture auto-body components such as tailgate, trunk lid, door, bonnet, and hood dominated the global market in 2016 and is expected to account for 33.2% of the overall revenue share in 2025
• Consumer electronics is expected grow at a CAGR of 6.0% over the forecast period on account of the growing utilization of lightweight metal parts to enhance impact resistance of electronic components
• Asia Pacific accounted for 34.8% of the overall revenue share in 2016 on account of the increased production of industrial machinery in Asian countries owing to favorable government initiatives to promote industrialization
• Companies such as Alcoa have goodwill in the industry; which provides them with the leverage over the local manufacturers and has the ability to cater to the bulk requirements of the major players from application industries

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/hvac-and-construction-technologies

Grand View Research has segmented the Global Metal Stamping Market on the basis of process, application and region:

Metal Stamping Process Outlook (Revenue, USD Billion, 2014 - 2025)

• Blanking
• Embossing
• Bending
• Coining
• Flanging
• Others

Metal Stamping Application Outlook (Revenue, USD Billion, 2014 - 2025)

• Automotive
• Industrial Machinery
• Consumer Electronics
• Aerospace
• Electrical & Electronics
• Telecommunications
• Others

Metal Stamping Regional Outlook (Revenue, USD Billion, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• U.K
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Middle East & Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-metal-stamping-market                     

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Specialty Silica Market Is Expected To Reach $4.43 Billion By 2022

Global Specialty Silica Market is expected to reach USD 4.43 billion by 2022, according to a new report by Grand View Research, Inc. Rising application scope of the product in various end-use industries including rubber and coatings is expected to fuel demand over the forecast period. 

Increasing coating demand in Asia Pacific on account of growing construction and rising government expenditure on infrastructure development in emerging economies of India and China is expected to propel product need over the next seven years. 

Automotive industry growth in numerous countries is expected to fuel tire demand which in turn is expected to have a positive impact on the product market over the forecast period. In addition, increasing use of the product in green tire manufacturing on account of various advantages such as increased shelf life and fuel efficiency will propel the industry growth over the next seven years. However, mature nature of various end-use industries primarily in Europe and North America may challenge specialty silica industry growth. 

Full Research Report on Global Specialty Silica Market Analysis:
http://www.grandviewresearch.com/industry-analysis/specialty-silica-market

Further key findings from the report suggest:

• Precipitated silica was the largest product segment estimated over 2,000 kilo tons in 2014. It is widely employed as a performance additive as it increases wet-grip capabilities and wear resistance in automotive and industrial tires. Silica-filled tires are widely used owing to low rolling resistance which results in better handling and improved mileage. This is expected to fuel overall product demand over the forecast period.
• Rubber application segment was estimated over USD 1,000.0 million in 2014. Rising rubber need on account of increased automobile production particularly in India and China is expected to have a positive impact on the industry over the forecast period.
• Europe specialty silica market was estimated over USD 300.0 million in 2014. Robust automotive manufacturing base in the Germany is expected to be a favorable factor for rising demand. In addition, growth in the food & healthcare sector in various countries including France, UK, and Germany on account of changing lifestyle of consumers coupled with increased government spending on public health is expected to propel product need over the next seven years.
• The global specialty silica industry is highly competitive with key multinationals dominating the sector. Increased R&D expenditure for new product developments coupled with the need to reduce production cost are key trends witnessed within the industry. In January 2016, PPG Industries announced plans for setting up new production site for precipitated silica in North America. As of July 2015, Solvay introduced highly dispersible silica (HDS) which enhances the performance of tires by cost-effective energy saving.

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/plastics-polymers-and-resins

Grand View Research has segmented the Global Specialty Silica Market on the basis of product, application and region:

Specialty Silica Product Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• Precipitated silica
• Silica gel
• Fused silica
• Colloidal silica
• Fumed silica

Specialty Silica Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• Rubber
• Food & healthcare’
• Coatings
• Plastics
• Abrasives & refractories
• Others

Specialty Silica Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Latin America
• Brazil
•  MEA

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-specialty-silica-market                    

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Lithium-Ion Battery Market IS Projected To Grow At A CAGR Of 17.0% During Forecast Period 2014-2025

Global Lithium-Ion Battery Market is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level is expected to drive market demand.

Lithium-ion batteries are used in applications that require lightweight and high-energy density solutions. These batteries provide the highest energy density per weight and are mostly used in cellular phones, notebook computers, and hybrid automobiles.

Technological advancements to reduce the weight of batteries, cost and increase their power output, is expected to augment industry expansion. In addition, competent distribution channels are likely to be an important way to gain a competitive advantage.

Energy storage system is expected to witness the fastest growth over the forecast period at a CAGR of 21% from 2017 to 2025 owing to the developments in wind and solar PV in countries including Germany, China and U.S.

Asia Pacific was the dominant market and accounted for 48.3% of the global share in 2016. The region is expected to show substantial rise on account of implementation of government policies to promote electric vehicles in India & China.

Moreover, presence of key energy generation companies in China including China Guangdong Nuclear Power Group, China National Nuclear Corporation, Shenergy Group, and Shenhua Group is expected to propel industry growth.

Full Research Report on Global Lithium Ion Battery Market Analysis:
http://www.grandviewresearch.com/industry-analysis/lithium-ion-battery-market

Further key findings from the report suggest:

• Lithium cobalt oxide (LCO) was the dominant product segment and was valued at USD 7.15 billion in 2016 on account of its high usage in mobile phones, tablets, laptops, cameras as it offers high energy density and high safety level. However, its relatively short life span, low thermal stability and limited load capabilities is likely to act as restrain to demand.
• Growing adoption of solar power systems and e-bikes in UK, Germany, and Netherlands will stimulate industry growth. Growing lithium-ion battery demand in Germany, Spain, Italy, France and the UK is expected to have a positive impact over the forecast period.

• Consumer electronics was the largest application segment and accounted for 52.3% of the overall share in 2016. The increasing demand for portable devices including mobiles, and tablets in China and India is expected to drive demand.

• North America was the second largest market and accounted for 25.9% of the overall revenue in 2016 and is anticipated to show substantial growth considering increasing sales of electric vehicles and smart phones.
• The industry is highly competitive with the presence of major players including Panasonic Corporation, Hitachi Chemical Co., Ltd., GS Yuasa International Ltd., Samsung SDI Co., Ltd., LG Chem, and BYD.
• In March 2016, Daimler AG invested USD 586.7 million to install second lithium-ion batteries facility in Germany for electric vehicles and hybrids under the Mercedes-Benz brand
• In January 2016, Nissan invested USD 31.0 million to manufacture future-generation electric vehicle batteries at its advanced lithium-ion battery plant in Sunderland

View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/power-generation-and-storage

Grand View Research has segmented the Global Lithium-Ion Battery Market on the basis of product, application, and region:

Product Outlook (Revenue, USD Million, 2014 - 2025)

• Lithium Cobalt Oxide (LCO)
• Lithium Iron Phosphate (LFP)
• Lithium Nickel Cobalt Aluminum Oxide (NCA)
• Lithium Manganese Oxide (LMO)
• Lithium Titanate (LTO)
• Lithium Nickel Manganese Cobalt

Application Outlook (Revenue, USD Million, 2014 - 2025)

• Automotive
• Consumer Electronics
• Industrial
• Energy Storage Systems

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa

View Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-lithium-ion-battery-market                   

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com