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The Rising Popularity of Rechargeable E-Cigarettes Will Drive the Lithium-ion Battery Market for E-Cigs Through 2019: Technavio

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.

Technavio currently has more than 3000 market research reports on a huge range of topics, including:

About Technavio

Technavio is a leading global technology research and advisory company.

Founded in 2003, Technavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at [email protected].

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