Lithium-Ion Batteries Market - Global Professional Analysis and Forecast to 2026

  • REPORT SUMMARY
  • TABLE OF CONTENTS
  • The worldwide Lithium-Ion Batteries market was valued at XX.0 Million US$ in 2018 and is projected to reach XX.0 Million US$ by 2026, at a CAGR (Compound Annual Growth Rate) of 15.1% during the forecast period.

    This report presents the market size and development trends by detailing the Lithium-Ion Batteries market revenue, market share and growth rate from 2015-2026, and it gives a thorough analysis by various product types, applications, regions, and main participants. The market conditions (2015-2019), corporate competition pattern, corporate SWOT analysis are elaborated, and other qualitative analyses like market dynamics, market penetration, market business environment analyses, the regional regulatory scenario in the Lithium-Ion Batteries market will be shown in this report. In short, this report will comprehensively reveal the characteristics of Lithium-Ion Batteries industry and will help you to build a panoramic view of the industrial development.

    Lithium-Ion Batteries Market, By Type:

    • Lithium Nickel Manganese Cobalt

    • Lithium Cobalt Oxide (LCO)

    • Lithium Iron Phosphate (LFP)

    • Lithium Nickel Cobalt Aluminum Oxide (NCA)

    • Lithium Manganese Oxide (LMO)

    • Lithium Titanate (LTO)

    • LSP Lithium-Ion Batteries

    Lithium-Ion Batteries Market, By Application:

    • Power back up (telecom tower, Banks, residences, commercial sector etc)

    • Power Storage (for Grid-based renewables like Solar/ Wind etc)

    • Mining equipment market

    • Oil & Gas equipment market

    • Railways

    • Defense sector

    • Marine Propulsion and Auxiliary Power generation

    Some of the leading players are as follows:

    • Nissan

    • Panasonic

    • Mitsubishi

    • POSCO ENERGY

    • Sony

    • BAK

    • LG Chem

    • Hitachi

    • GS Yuasa

    • BYD

    • Sanyo

    • AnHui TianKang

    • Future Hitech

    • ShenZhen TianJiao

    • BMW

    • BTR

    • Samsung

    • Toyota

    • Toshiba

    • YinLong

    Geographically, Major regions are analyzed in details are as follows:

    • North America

    • Europe

    • Asia Pacific

    • Latin America

    • Middle East & Africa

  • Table of Contents

    1 Methodology and Scope

    • 1.1 Market Segmentation & Scope

      • 1.1.1 Technology Type

      • 1.1.2 Product

      • 1.1.3 Application

      • 1.1.4 Regional scope

      • 1.1.5 Estimates and forecast timeline

    • 1.2 Research Methodology

    • 1.3 Information Procurement

      • 1.3.1 Purchased database

      • 1.3.2 Internal database

      • 1.3.3 Secondary sources

      • 1.3.4 Primary research

      • 1.3.5 Details of primary research

    • 1.4 Information or Data Analysis

      • 1.4.1 Data analysis models

    • 1.5 Market Formulation & Validation

    • 1.6 Model Details

      • 1.6.1 Commodity flow analysis

      • 1.6.2 Volume price analysis

    • 1.7 List of Secondary Sources

    • 1.8 List of Abbreviations

    2 Executive Summary

    • 2.1 Market Outlook

    • 2.2 Segment Outlook

    3 Market Variables, Trends, & Scope

    • 3.1 Market Lineage Outlook

    • 3.1.1 Parent market outlook

      • 3.1.2 Ancillary market outlook

    • 3.2 Market Segmentation

      • 3.2.1 Analysis

    • 3.3 Market Dynamics

      • 3.3.1 Market driver analysis

      • 3.3.2 Market restraint analysis

      • 3.3.3 Industry opportunities

    • 3.4 Penetration & Growth Prospect Mapping

      • 3.4.1 Penetration & growth prospect mapping analysis

    • 3.5 Business Environment Analysis Tools

      • 3.5.1 Porter's five forces analysis

      • 3.5.2 PESTLE analysis

      • 3.5.3 Major deals & strategic alliances analysis

    4 Lithium-Ion Batteries Market: Technology Type Analysis

    • 4.1 Lithium-Ion Batteries Technology Type Market Share Analysis, 2018 & 2026

    • 4.2 Lithium-Ion Batteries Technology Type Market: Segment Dashboard

    • 4.3 Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the Technology Type Segment

      • 4.3.1 Lithium Nickel Manganese Cobalt

      • 4.3.2 Lithium Cobalt Oxide (LCO)

      • 4.3.3 Lithium Iron Phosphate (LFP)

      • 4.3.4 Lithium Nickel Cobalt Aluminum Oxide (NCA)

      • 4.3.5 Lithium Manganese Oxide (LMO)

      • 4.3.6 Lithium Titanate (LTO)

      • 4.3.7 LSP Lithium-Ion Batteries

    5 Lithium-Ion Batteries Market: Product Analysis

    • 5.1 Lithium-Ion Batteries Product Market Share Analysis, 2018 & 2026

    • 5.2 Lithium-Ion Batteries Product Market: Segment Dashboard

    • 5.3 Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the Product Segment

    6 Lithium-Ion Batteries Market: Application Analysis

    • 6.1 Lithium-Ion Batteries Application Market Share Analysis, 2018 & 2026

    • 6.2 Lithium-Ion Batteries Application Market: Segment Dashboard

    • 6.3 Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the Application Segment

      • 6.3.1 Power back up (telecom tower, Banks, residences, commercial sector etc)

      • 6.3.2 Power Storage (for Grid-based renewables like Solar/ Wind etc)

      • 6.3.3 Mining equipment market

      • 6.3.4 Oil & Gas equipment market

      • 6.3.5 Railways

      • 6.3.6 Defense sector

      • 6.3.7 Marine Propulsion and Auxiliary Power generation

    7 Lithium-Ion Batteries Market: Regional Analysis

    • 7.1 Lithium-Ion Batteries Regional Market Share Analysis, 2018 & 2026

    • 7.2 Lithium-Ion Batteries Regional Market: Segment Dashboard

    • 7.3 Regional Market Snapshot (Market Size, CAGR, Top Countries)

    • 7.4 List of Players at Regional Level

      • 7.4.1 North America

      • 7.4.2 Europe

      • 7.4.3 Asia Pacific

    • 7.5 SWOT Analysis, by Factor (Political & Legal, Economic and Technological)

      • 7.5.1 North America

      • 7.5.2 Europe

      • 7.5.3 Asia Pacific

      • 7.5.4 Latin America

      • 7.5.5 MEA

    • 7.6 Market Size & Forecasts, and Trend Analysis, 2015 to 2026

      • 7.6.1 North America

      • 7.6.2 Europe

      • 7.6.3 Asia Pacific

      • 7.6.4 Latin America

      • 7.6.5 Middle East & Africa

    8 Competitive Analysis

    • 8.1 Recent Developments & Impact Analysis, by Key Market Participants

    • 8.2 Strategic Framework/Competition Categorization (Key innovators, Market leaders, Emerging players)

    • 8.3 Vendor Landscape

      • 8.3.1 Company market position analysis (Geographic presence, service portfolio, strategic initiatives)

    9 Company Profiles

    • 9.1 Nissan

      • 9.1.1 Nissan Company overview

      • 9.1.2 Financial performance

      • 9.1.3 Product benchmarking

      • 9.1.4 Strategic initiatives

      • 9.1.5 SWOT analysis

    • 9.2 Panasonic

      • 9.2.1 Panasonic Company overview

      • 9.2.2 Financial performance

      • 9.2.3 Product benchmarking

      • 9.2.4 Strategic initiatives

      • 9.2.5 SWOT analysis

    • 9.3 Mitsubishi

      • 9.3.1 Mitsubishi Company overview

      • 9.3.2 Financial performance

      • 9.3.3 Product benchmarking

      • 9.3.4 Strategic initiatives

      • 9.3.5 SWOT analysis

    • 9.4 POSCO ENERGY

      • 9.4.1 POSCO ENERGY Company overview

      • 9.4.2 Financial performance

      • 9.4.3 Product benchmarking

      • 9.4.4 Strategic initiatives

      • 9.4.5 SWOT analysis

    • 9.5 Sony

      • 9.5.1 Sony Company overview

      • 9.5.2 Financial performance

      • 9.5.3 Product benchmarking

      • 9.5.4 Strategic initiatives

      • 9.5.5 SWOT analysis

    • 9.6 BAK

      • 9.6.1 BAK Company overview

      • 9.6.2 Financial performance

      • 9.6.3 Product benchmarking

      • 9.6.4 Strategic initiatives

      • 9.6.5 SWOT analysis

    • 9.7 LG Chem

      • 9.7.1 LG Chem Company overview

      • 9.7.2 Financial performance

      • 9.7.3 Product benchmarking

      • 9.7.4 Strategic initiatives

      • 9.7.5 SWOT analysis

    • 9.8 Hitachi

      • 9.8.1 Hitachi Company overview

      • 9.8.2 Financial performance

      • 9.8.3 Product benchmarking

      • 9.8.4 Strategic initiatives

      • 9.8.5 SWOT analysis

    • 9.9 GS Yuasa

      • 9.9.1 GS Yuasa Company overview

      • 9.9.2 Financial performance

      • 9.9.3 Product benchmarking

      • 9.9.4 Strategic initiatives

      • 9.9.5 SWOT analysis

    • 9.10 BYD

      • 9.10.1 BYD Company overview

      • 9.10.2 Financial performance

      • 9.10.3 Product benchmarking

      • 9.10.4 Strategic initiatives

      • 9.10.5 SWOT analysis

    • 9.11 Sanyo

      • 9.11.1 Sanyo Company overview

      • 9.11.2 Financial performance

      • 9.11.3 Product benchmarking

      • 9.11.4 Strategic initiatives

      • 9.11.5 SWOT analysis

    • 9.12 AnHui TianKang

      • 9.12.1 AnHui TianKang Company overview

      • 9.12.2 Financial performance

      • 9.12.3 Product benchmarking

      • 9.12.4 Strategic initiatives

      • 9.12.5 SWOT analysis

    • 9.13 Future Hitech

      • 9.13.1 Future Hitech Company overview

      • 9.13.2 Financial performance

      • 9.13.3 Product benchmarking

      • 9.13.4 Strategic initiatives

      • 9.13.5 SWOT analysis

    • 9.14 ShenZhen TianJiao

      • 9.14.1 ShenZhen TianJiao Company overview

      • 9.14.2 Financial performance

      • 9.14.3 Product benchmarking

      • 9.14.4 Strategic initiatives

      • 9.14.5 SWOT analysis

    • 9.15 BMW

      • 9.15.1 BMW Company overview

      • 9.15.2 Financial performance

      • 9.15.3 Product benchmarking

      • 9.15.4 Strategic initiatives

      • 9.15.5 SWOT analysis

    • 9.16 BTR

      • 9.16.1 BTR Company overview

      • 9.16.2 Financial performance

      • 9.16.3 Product benchmarking

      • 9.16.4 Strategic initiatives

      • 9.16.5 SWOT analysis

    • 9.17 Samsung

      • 9.17.1 Samsung Company overview

      • 9.17.2 Financial performance

      • 9.17.3 Product benchmarking

      • 9.17.4 Strategic initiatives

      • 9.17.5 SWOT analysis

    • 9.18 Toyota

      • 9.18.1 Toyota Company overview

      • 9.18.2 Financial performance

      • 9.18.3 Product benchmarking

      • 9.18.4 Strategic initiatives

      • 9.18.5 SWOT analysis

    • 9.19 Toshiba

      • 9.19.1 Toshiba Company overview

      • 9.19.2 Financial performance

      • 9.19.3 Product benchmarking

      • 9.19.4 Strategic initiatives

      • 9.19.5 SWOT analysis

    • 9.20 YinLong

      • 9.20.1 YinLong Company overview

      • 9.20.2 Financial performance

      • 9.20.3 Product benchmarking

      • 9.20.4 Strategic initiatives

      • 9.20.5 SWOT analysis

     

    The List of Tables and Figures (Totals 102 Figures and 121 Tables)

    • Figure Lithium Nickel Manganese Cobalt Lithium-Ion Batteries market, 2015 - 2026 (USD Million)

    • Figure Lithium Cobalt Oxide (LCO) Lithium-Ion Batteries market, 2015 - 2026 (USD Million)

    • Figure Lithium Iron Phosphate (LFP) Lithium-Ion Batteries market, 2015 - 2026 (USD Million)

    • Figure Lithium Nickel Cobalt Aluminum Oxide (NCA) Lithium-Ion Batteries market, 2015 - 2026 (USD Million)

    • Figure Lithium Manganese Oxide (LMO) Lithium-Ion Batteries market, 2015 - 2026 (USD Million)

    • Figure Lithium Titanate (LTO) Lithium-Ion Batteries market, 2015 - 2026 (USD Million)

    • Figure LSP Lithium-Ion Batteries Lithium-Ion Batteries market, 2015 - 2026 (USD Million)

    • Figure Power back up (telecom tower, Banks, residences, commercial sector etc) market, 2015 - 2026 (USD Million)

    • Figure Power Storage (for Grid-based renewables like Solar/ Wind etc) market, 2015 - 2026 (USD Million)

    • Figure Mining equipment market market, 2015 - 2026 (USD Million)

    • Figure Oil & Gas equipment market market, 2015 - 2026 (USD Million)

    • Figure Railways market, 2015 - 2026 (USD Million)

    • Figure Defense sector market, 2015 - 2026 (USD Million)

    • Figure Marine Propulsion and Auxiliary Power generation market, 2015 - 2026 (USD Million)

    • Table List of players in North America

    • Table List of players in Europe

    • Table List of players in Asia Pacific

    • Table SWOT analysis

    • Table North America Lithium-Ion Batteries market, by country, 2015 - 2026 (USD Million)

    • Table North America Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table North America Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table North America Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table U.S. Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table U.S. Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table U.S. Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table Canada Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Canada Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Canada Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Europe Lithium-Ion Batteries market, by country, 2015 - 2026 (USD Million)

    • Table Europe Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Europe Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Europe Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table U.K. Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table U.K. Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table U.K. Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table Germany Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Germany Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Germany Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table France Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table France Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table France Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table Italy Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Italy Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Italy Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table Spain Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Spain Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Spain Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Asia Pacific Lithium-Ion Batteries market, by country, 2015 - 2026 (USD Million)

    • Table Asia Pacific Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Asia Pacific Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Asia Pacific Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table China Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table China Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table China Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table Japan Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Japan Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Japan Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table India Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table India Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table India Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Latin America Lithium-Ion Batteries market, by country, 2015 - 2026 (USD Million)

    • Table Latin America Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Latin America Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Latin America Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table Brazil Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Brazil Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Brazil Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table Mexico Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Mexico Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Mexico Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table Argentina Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Argentina Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Argentina Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table MEA Lithium-Ion Batteries market, by country, 2015 - 2026 (USD Million)

    • Table MEA Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table MEA Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table MEA Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table South Africa Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table South Africa Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table South Africa Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Regulatory scenario

    • Table Nigeria Lithium-Ion Batteries market, by type, 2015 - 2026 (USD Million)

    • Table Nigeria Lithium-Ion Batteries market, by product, 2015 - 2026 (USD Million)

    • Table Nigeria Lithium-Ion Batteries market, by application, 2015 - 2026 (USD Million)

    • Table Recent Developments & Impact Analysis, by Key Market Participants

    • Table Recent Developments & Impact Analysis, by Key Market Participants

    • Table Company market position analysis

    • Table Company Profiles

    • Table Nissan Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table Panasonic Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table Mitsubishi Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table POSCO ENERGY Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table Sony Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table BAK Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table LG Chem Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table Hitachi Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table GS Yuasa Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table BYD Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table Sanyo Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table AnHui TianKang Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table Future Hitech Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table ShenZhen TianJiao Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table BMW Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table BTR Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table Samsung Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table Toyota Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table Toshiba Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

    • Table Company Profiles

    • Table YinLong Production, Value, Price, Gross Margin 2014-2019

    • Table Product benchmarking

    • Table Strategic initiatives

    • Table SWOT analysis

Report Version Choose

Report

BUY NOW

Our Customers

Beyond grateful for the confidence and support from all partners and customers.A win-win situation is our ultimate pursuit.

Beyond Consulting, Future is Feasible

We provide more professional and intelligent market reports to complement your business decisions.