Business Loan is a great option when it comes to expanding your existing Business or starting something new of your own. There are some salient features of Business Loan which you should know before applying for one, which includes the following -
Collateral Free Loan
Business Loans are unsecured loans which mean that no security or collateral is required to apply for a Business Loan. One does not need to provide any asset like a car or a house to avail a Business Loan. The financial lenders review the Loan Applicant’s credit history, age, location, income details of the past few years and only then the loans are offered. Fixed Interest Rate ICICI Business Loan Interest Rates are fixed, which means the Interest Rate will not change for the entire Loan Tenure. The Interest Rate of Business Loan starts from 14.99% onwards.Loans up to Rs. 30 LakhWhether your business has needs for short-term loans, intermediate-term loans or long-term loans Buccaneers Anthony Nelson Jersey , ICICI offers business loans up to Rs. 30 lakhs. You can use the loan amount to invest in infrastructure, expand operations, buy equipment or inventory, or even to increase working capital.
No collateral icici bank loans are collateral-free, which means you won’t have to put your personal or business assets on the line to get financing. And since you don’t need to pledge collateral, there is no requirement for appraisal of the value of your assets. As a result, with collateral-free loans Buccaneers Mike Edwards Jersey , funding is much faster and requires only minimal documentation.
Lithium-Ion Battery Market is Expected To Reach USD 93.1 Billion by 2025
by sonali_86 · June 25, 2019
The Report聽Lithium-Ion Battery Market聽Analysis By Product (Lithium Cobalt Oxide, Lithium Iron Phosphate, NCA, LMO, LTO, Lithium Nickel Manganese Cobalt (NMC)) Buccaneers Jamel Dean Jersey , By Application, And Segment Forecasts, 2018 – 2025
The global聽lithium-ion battery market聽is expected to reach USD 93.1 billion by 2025, growing at a CAGR of 17.0%, according to a new report by Grand View Research, Inc. Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level is expected to drive market demand.
Lithium-ion batteries are used in applications that require lightweight and high-energy density solutions. These batteries provide the highest energy density per weight and are mostly used in cellular phones Buccaneers Sean Bunting Jersey , notebook computers, and hybrid automobiles.
Technological advancements to reduce the weight of batteries, cost and increase their power output, is expected to augment industry expansion. In addition, competent distribution channels are likely to be an important way to gain a competitive advantage.
Energy storage system is expected to witness the fastest growth over the forecast period at a CAGR of 21% from 2017 to 2025 owing to the developments in wind and solar PV in countries including Germany, China and U.S.
Asia Pacific was the dominant market and accounted for 48.3% of the global share in 2016. The region is expected to show substantial rise on account of implementation of government policies to promote electric vehicles in India & China.
Moreover, presence of key energy generation companies in China including China Guangdong Nuclear Power Group Buccaneers Devin White Jersey , China National Nuclear Corporation, Shenergy Group, and Shenhua Group is expected to propel industry growth.
Access Research Report of Lithium-Ion Battery Market聽@聽 Further key findings from the report suggest:
Lithium cobalt oxide (LCO) was the dominant product segment and was valued at USD 7.15 billion in 2016 on account of its high usage in mobile phones, tablets, laptops, cameras as it offers high energy density and high safety level. However, its relatively short life span Ali Marpet Color Rush Jersey , low thermal stability and limited load capabilities is likely to act as restrain to demand. Growing adoption of solar power systems and e-bikes in UK, Germany, and Netherlands will stimulate industry growth. Growing lithium-ion battery demand in Germany, Spain, Italy, France and the UK is expected to have a positive impact over the forecast period. Consumer electronics was the largest application segment and accounted for 52.3% of the overall share in 2016. The increasing demand for portable devices including mobiles, and tablets in China and India is expected to drive demand. North America was the second largest market and accounted for 25.9% of the overall revenue in 2016 and is anticipated to show substantial growth considering increasing sales of electric vehicles and smart phones. The industry is highly competitive with the presence of major players including Panasonic Corporation Donovan Smith Color Rush Jersey , Hitachi Chemical Co., Ltd., GS Yuasa International Ltd., Samsung SDI Co., Ltd., LG Chem, and BYD. In March 2016 Noah Spence Color Rush Jersey , Daimler AG invested USD 586.7 million to install second lithium-ion batteries facility in Germany for electric vehicles and hybrids under the Mercedes-Benz brand In January 2016, Nissan invested USD 31.0 million to manufacture future-generation electric vehicle batteries at its advanced lithium-ion battery plant in Sunderland Grand View Research has segmented the global lithium-ion battery market on the basis of product, application, and region: Product Outlook (Revenue, USD Million, 2014 – 2025)
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