New Study: Asia-Pacific Battery Market 2019 Size, Growth Analysis Report, Foreca

1. The Asia-Pacific battery market is estimated to grow at a significant CAGR during the forecast period. The increasing demand from end-user industries such as the automotive industry, consumer electronics industry, and energy & power industry tend to drive the regional growth of the market. Major economies contributing to the growth of the market include India, China, and Japan. (Get 15% Discount on Buying this Report) Get Report Sample Copy @https://www.omrglobal.com/request-sample/asia-pacific- battery-market The growing support from the Indian government to play a key role in the growth of the Asia- Pacific battery industry. India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as the country intends to promote the use of electric vehicles and cut down its dependence on oil. A https://www.omrglobal.com/industry-reports/asia-pacific-battery-market Full Report of Global IoT Sensors Market is Available at: “Currently, the battery energy storage industry is at a very nascent stage in India with investors being a little apprehensive to invest in a sunrise industry”, said the government. According to a proposal drafted by NITI Aayog, India plans to retain its import tax rate of 5% for certain types of batteries, including EV batteries, until 2022, however will increase it to 15% thereafter for promoting domestic manufacturing. This policy creates an ample opportunity for the battery makers such as South Korea’s LG Chem and Japan’s Panasonic Corp/ as well as automotive players that have building Eves’ in India such as Tata Motors and Mahindra & Mahindra. Asia-Pacific Battery Market- Segmentation By Category Primary Secondary By Type Lithium-Ion Nickel-Metal Hydride (NI-MH) Nickel Cadmium Lead Acid Others

2. By Application Automotive Industrial Consumer Electronics Power & Energy Others Asia-Pacific Battery Market– Segment by Region China Japan India Rest of Asia-Pacific Company Profiles A123 Systems, LLC Automotive Energy Supply Corp. BYD Co. Ltd. Contemporary Amperex Technology Co., Ltd. Exide Industries Ltd. GS Yuasa Corp Hitachi Chemical Co., Ltd KAYO Battery (Shenzhen) Co. Ltd. LG Chem Ltd. Mitsui & Co. Ltd. Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For https://www.omrglobal.com/report-customization/asia-pacific-battery-market More Customized Data, Request for Report Customization @

3. About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 780-304-0404