Lithium-Ion Battery Market to Witness High Usage in Automotive, Power and Aerospace Industry 2016-2021

Global Lithium-Ion Battery Market is segmented on the basis of type, technology, power capacity, application, and geography. Lithium-ion battery, better known as Li-ion battery (LIB), is a part of rechargeable battery group. It gives high storage capacity, long lifecycle, and better efficiency than the other batteries. In the battery, lithium ions do move from the negative electrode to the positive electrode during charging and discharging. Access Lithium-Ion Battery Market Report with TOC @ https://www.millioninsights.com/industry-reports/lithium-ion-battery-market In household electronics products, lithium-ion batteries are used and looked upon as the most popular parts of rechargeable batteries for tiny memory effect, high energy density, portable electronics, and low self discharge. Lithium-ion batteries’ usage is increasing in different applications such as military, consumer electronics products, battery electric vehicle, aerospace, household electricity, and automotiv...