Lithium-ion battery basic information

What is a lithium-ion battery?

A lithium-ion battery or Li-ion battery is a type of rechargeable battery.

Lithium ion batteries are commonly used for portable electronics and electric vehicles and are growing in popularity for military and aerospace applications. Such as Backlight Techlabs mini dc UPS, battery packs and solar lights.




History

A prototype Li-ion battery was developed by Akira Yoshino in 1985, based on earlier research by John Goodenough, Stanley Whittingham, Rachid Yazami and Koichi Mizushima during the 1970s–1980s, and then a commercial Li-ion battery was developed by a Sony and Asahi Kasei team led by Yoshio Nishi in 1991.




The figures

• Energy density: 250–693 W·h/L (0.90–2.43 MJ/L)
• Nominal cell voltage: 3.6 / 3.7 / 3.8 / 3.85 V, LiFePO4 3.2 V
• Specific energy: 100–265 W·h (0.36–0.875 MJ)
• Specific power: ~250 – ~340 W
•Charge/discharge efficiency: 80–90%

2020 materials market industry research

Lithium Ion Battery Materials Market is valued at USD 10.75 Billion in 2018 and expected to reach USD 16.14 Billion by 2025 with a CAGR of 15.1% over the forecast period “ Increasing demand of Li-ion batteries for consumer electronics is key growth driving factor the Lithium-Ion Battery Materials Market.

Lithium-Ion battery materials market report published by the Market Research provides the detail information about Lithium-Ion Battery Materials market from various aspects. This report consists of drivers, challenges and opportunities which help the market to grow over the analysis period and recent trends which supports the growth of the market. This report consists of regional segmentation with product type and applications.

How does a Li-ion work?

A rechargeable lithium-ion battery Materials is a type of rechargeable battery in which lithium ions goes from the negative electrode to the positive electrode during discharge and back when charging. These are commonly used as rechargeable batteries for portable electronics, due to properties like high energy density, tiny memory effect and low self-discharge.

Consumer demand

The demand of consumer electronics such as laptops, tablets, smart phones and consoles is increasing rapidly among consumers and most of these devices need high performance and low self-discharge batteries which is fulfilled by Li-ion Batteries resulting in growing lithium ion battery market. The strict policies of the government implied on exhaust standards to reduce polluting factors and protect the environment propels the automotive companies to invest on electronics vehicles which further supplement the growth of the global rechargeable lithium-ion market in the years to come. Escalating number of solar and wind projects worldwide is also anticipated to increase the demand for rechargeable lithium ion battery market.