Newark, May 22, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the global portable lithium-ion battery market will grow from USD 17.9 Billion in 2023 to USD 95.13 Billion by 2033. One of the distinguishing capabilities of portable lithium-ion batteries is their high strength density, which is the quantity of strength they can save regarding their length and weight. This trait makes them fantastic for operations where length and weight are vital, as they permit devices to be compact and lightweight while supplying sufficient strength for extended use. As a result, lithium-ion batteries have become the number one electricity source for portable electronics, from consumer goods, including smartphones and pills, to professional equipment and clinical devices. In addition to high energy density, portable lithium-ion batteries offer other benefits, including low self-discharge quotes, rapid charging, and various working temperatures. These characteristics make them versatile and adaptive to diverse operating situations.
• GS Yuasa Corporation
• LG Chem Ltd.
• A123 Systems, LLC
• BAK Battery Co. Ltd.
• Panasonic Corporation
• Johnson Controls Inc.
• Toshiba Corporation
• Li-Cobalt Oxide
• Li Nickel Manganese Cobalt
• Others
• Offline Sales
• Europe (Germany, France, the U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)
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(GlobeNewsWire)