Lithium-Ion Battery and Lithium Titanate Battery Market 2019-09-29

The substantial benefits that Lithium Ion technology offer over lead-acid technology means that using Lithium-Ion batteries is becoming an ever more popular choice.

lithium-ion batteries has become an increasingly popular choice with substantial advantage of lithium-ion technology over lead-acid technology. Please see the chart of global Lithium-Ion battery market trend analysis.From 2016 to 2024, Gross Annual Growth Rate of Lithium-Ion battery market is expected to reach 10.6%.

According to chemistry across lithium-Ion type, They were classified to Lithium-Ion Cobalt Oxide (LiCoO2), Lithium iron phosphate (LiFePO4),Lithium-Ion manganese oxide (LiMn2O4,Li2MnO3 or LMO), Lithium nickel manganese cobalt oxide(LiNiMnCoO2) or NMC),Lithium nickel cobalt aluminum oxide (LiNiCoAlO2 or NCA),Lithium Polymer (LiPo or LIP).,Lithium titanate (Li4Ti5O12 or LTO).

Lithium titanate battery (Li4Ti5O12 or LTO) is popular type on all lithium-Ion types. It is a modified lithium-ion battery that uses lithium-titanate nanocrystals, instead of carbon, on the surface of its anode.The top players on LTO battery in the market are Toshiba, ALTI ,Titan Kogyo, YinLong Group,BTR Nano technology,YinTong group.

With excellent advantages of high security , stability, super power to 10C rate,wider operating temperature range (-30-55°C) , recharge efficiency exceeding 98%, max 10C fast charge performance.

In recent years,LTO batteries have been widely used in bus, forklift, car audio, engine start,military,energy storage,UPS power supply, home storage, communication base stations, telecommunications etc.Especially in North America,Europe,China,Japan,Southeast Asia,India.

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