The global Automotive Spare Parts Logistics market is estimated to register a CAGR of 6.02%
between 2018 and 2024. The growth of the Automotive Spare Parts Logistics
market in Asia-Pacific is as a result of American and European Automotive
manufacturing companies have started establishing their operations in
Asia-Pacific region. The main purpose of automotive spare part logistics is to
ensure the timely supply of spare parts with the minimum cost. The spare part
logistics facing the automotive aftermarket has its specificity compared with
the logistics of general goods. The reason is that the logistics activity of
automotive spare parts serves for the after-sale service. The purpose of the
whole activity is to increase the full vehicle sales, decrease the management
cost, improve the service level of after-sale market and gain new profit growth
points of the enterprise. Increasing GDP of China and India are increasing the
demand of Automotive Spare Parts Logistics market. The regions covered in this
report are North America, Europe, Asia-Pacific and Rest of the World.
Lithium Ion Battery Materials Market is valued at USD 10.75 Billion in 2018 and expected to reach USD 16.14 Billion by 2025
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 consumer electronics and portable devices is one of the key growth driving factor for the Global Lithium Ion Battery Materials Market A lithium-ion battery is a type of rechargeable battery in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. It uses an intercalated lithium compound as one electrode material, compared to the metallic lithium in a non-rechargeable lithium battery. It is commonly used as rechargeable batteries for portable electronics, due to its high energy density, tiny memory effect and low self-discharge. It has major applications in military, battery electric vehicle and aerospace sectors. The main component that is used commonly in these batteries is lithium cobalt oxide which offe
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