MarketResearch.biz delivers in-depth insights on the global lithium ion battery market in its upcoming report titled, “Global Lithium Ion Battery Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global drugs market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global lithium ion battery market report has been segmented on the basis of product type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Lithium-ion batteries are rechargeable batteries having high energy density. It is mostly used in consumer electronics. Lithium-ion batteries mainly consist of four components which includes anode, cathode, electrolyte, and separator. Lithium-ion batteries are used in various industrial applications, as it reduces greenhouse gas emissions. High energy efficiency of this batteries, allows its use in various electric grid applications, which includes – improving quality of energy harvested from wind, solar, geo-thermal and other renewable sources, thus contributing to their more widespread use and building an energy-sustainable economy.
Increasing government funding in grid installations is in turn expected to create demand for lithium-ion batteries thereby, supporting growth of the global lithium ion battery market over the forecast period. In addition, rising demand for smart devices and other electronic products across the globe is expected to drive the growth of the global lithium ion battery market over the forecast period. Various advantages of lithium-ion batteries over the conventional batteries which includes reduced weight and ease of handling is other factor expected to support growth of the target market.
Market in Asia Pacific dominates the global lithium ion battery market in terms of revenue contribution as compared to that of markets in other regions. Growing demand for lithium ion battery in various applications such as automotive, consumer electronics especially in China, India, and Japan is expected to be major factor supporting growth of the market in the region over the forecast period.
Rising demand for electric vehicles due to favorable government policies in North America is expected to propel growth of the target market in the region over the forecast period.
Target audience for the global lithium ion battery market includes lithium ion battery market manufacturers, electronics industry, research institutes, government organizations etc.
Global lithium ion battery market segmentation, by product type:
- Lithium cobalt oxide (LCO)
- Lithium iron phosphate (LFP)
- Lithium Nickel Cobalt Aluminium Oxide (NCA)
- Lithium Manganese Oxide (LMO)
- Lithium Titanate (LTO)
- Lithium Nickel Manganese Cobalt (NMC)
Global lithium ion battery market segmentation, by application:
- Consumer electronics
- Energy storage systems
Global lithium ion battery market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- BAK Group
- BYD Company Ltd.
- LG Chem, Ltd.
- Panasonic Corporation
- Samsung SDI Co., Ltd.
- GS Yuasa Corporation
- Hitachi Ltd.
- Johnson Controls Inc.
- Saft Groupe SA
- Toshiba Corporation
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