London, 05 August 2015 – Technavio has published a new report on the Li-ion battery market for e-cigarettes in the US, which is expected to grow at a CAGR of almost 37% from 2015-2019.
About the Report
The latest report by Technavio draws attention towards the development of e-cigarettes with the objective of reducing harmful effects of tobacco, which has gained popularity among end-users. E-cigarettes also enables end-users to choose from several nicotine strengths, which includes non-nicotine liquids and a variety of flavors.
“The popularity of e-cigarettes is mainly because of their potential of dealing with smoking addiction in both physical and behavioral components of the human body,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also discusses the vendors that utilizes e-cigarettes as a means for end-users to quit smoking because e-cigarettes contain nicotine in liquid form, which is less harmful than conventional cigarettes.
“This effective innovation by vendors have increased the e-cigarettes sales and thereby decreased the sales of traditional cigarettes,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the Li-ion battery market for e-cigarettes in the US from 2015-2019. To calculate the market size, the report considers the overall Li-ion battery market demand as per the sales of e-cigarettes.
Key Information Covered in the Report:
Key Vendors:
- EVE Energy Co. Ltd.
- LG Chem Ltd.
- Panasonic Corp.
- Samsung SDI
- Sony Corp.
- Vapor Hub International
Market Growth Drivers:
- Wide Range of Product Availability
- For a full detailed list, view our report.
Market Challenges:
- Concerns Associated with E-cigarettes
- For a full detailed list, view our report.
Market Trends:
- Increasing Regulation for Smoke-free Laws
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
