Vishal Sapru, Research Manager Power Supplies & Batteries, Frost & Sullivan

The US is a significant market for lithium-ion batteries for consumer, industrial and automotive applications in the North American region. The economic recession had a significant impact in the demand for lithium-ion batteries, particularly for consumer and industrial portable devices. This was witnessed by a decline in demand during the first two quarters of 2009, caused by decreasing demand for consumer electronic devices in the US.
However, signs of recovery began from the third quarter of 2009, with industrial application showing quick revival and consumer applications gaining strength. Read more about Lithium-Ion Battery – Potential Business Opportunities …