London, 20 July 2015 – Technavio, a tech-focused research firm, has published a new report on the global lithium-ion battery market for e-cigarettes, which is expected to grow at a CAGR of more than 39% from 2015-2019.
The latest report by Technavio highlights the two types of e-cigarettes which are available in the market, namely disposable and rechargeable e-cigarettes. Disposable e-cigarettes provide a simple and convenient way of vaping, but only last a single charge cycle. However, rechargeable e-cigarettes provide better performance at a lower cost and offer various flavor options.
“Rechargeable e-cigarettes offer a wide range of pre-filled replacement cartridges and e-liquids. These devices also allow users to switch flavors or change nicotine levels during the cigarette’s life span, due to the longer replacement time of Li-ion batteries,” says Faisal Ghaus, Vice President of Technavio.
The new Technavio report provides detailed analysis of the global e-cigarette market, which has many opportunities for mergers and acquisitions by large vendors. Several vendors are enhancing their market presence and market potential through these activities.
“Many vendors are expected to acquire small and domestic suppliers during the forecast period to boost their market shares, which will help them enhance their distribution channels and improve market reach,” adds Ghaus.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ht…
