Dublin, Nov. 13, 2018 (GLOBE NEWSWIRE) -- The "Global Cylindrical Lithium-Ion Battery Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The global cylindrical lithium-ion battery market to grow at a CAGR of 18.28% during the period 2019-2023.

Global Cylindrical Lithium-Ion Battery Market 2019-2023, 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. To calculate the market size, the report considers the revenue generated from the use of cylindrical lithium-ion battery market in different applications.

The latest trend gaining momentum in the market is the revisions in lithium-ion battery Safety standards. Lithium-based chemistries have undergone several changes due to the ongoing advances and R&D in lithium batteries. Such revisions in battery safety standards are expected to reduce the risks involved in using cylindrical lithium-ion batteries.

According to the report, one of the major drivers for this market is the shift in the automotive industry to EVs/ The increasing adoption of EVs owning to sustainability factors will result in increased sales volumes of cylindrical lithium-ion batteries, thereby, driving the growth of the market.

Further, the report states that one of the major factors hindering the growth of this market is the competition from other substitutes batteries. The market is facing intense competition from various other battery chemistries based on applications. Laptops are also available with prismatic lithium- ion batteries and nickel metal hydride battery chemistries.

Key questions answered in this report

Market trends

Key vendors

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: CUSTOMER LANDSCAPE

PART 07: MARKET SEGMENTATION BY APPLICATION

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

PART 13: VENDOR ANALYSIS

For more information about this report visit https://www.researchandmarkets.com/research/kr7h6l/global?w=12

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Related Topics: Battery Technology