As per this study the Global Lithium Ion Battery Market was valued USD XX BN (by revenue) in 2021 and is anticipated to reach USD XX BN by 2027 with a CAGR of XX%.
Lithium ion battery or Li-ion battery is a rechargeable battery with high energy density, low battery memory and minimum self-discharge. It is extensively used in smart phones, tablets, laptops, digital cameras, notebooks, portable vaporizers, UAV, electric vehicle and in drones. Advantages associated with li batteries are high density, low maintenance, minimum self-discharge and hold the charge well.
Growing usage of lithium ion batteries in vehicles, home and portable electronics owing to its high density and lightweight nature is driving the market growth. Growing demand of smart phones, smart watches, laptop, tablets and others is further spurring the market growth. Also, rising demand for electric vehicles is further fueling the market growth. Apart from this, advantages such as longer life span, high energy density, easy availability, low maintenance is again boosting the lithium ion battery demand in various applications.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of lithium ion battery.
The broad lithium ion battery market has been sub-grouped into type, power capacity and vertical. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Power Capacity
- Lithium Nickel Magnesium Cobalt
- Lithium Iron Phosphate
- Lithium Cobalt Oxide
- Lithium Titanate Oxide
- Lithium Manganese Oxide
- Lithium Nickel Cobalt Aluminum Oxide
- 0 To 3000mah
- 3000mah To 10000mah
- 10000mah To 60000mah
- More Than 60000mah
- Consumer Electronics
- Aerospace And Defense
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for lithium ion battery in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Lithium Ion Battery Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the lithium ion battery market include A123 Systems, LLC., BAK Group, BYD Co. Ltd., GS Yuasa Corporation, Hitachi, Ltd., Johnson Controls Inc., LG Chem Ltd., Panasonic Corporation, Saft Groupe S.A, Samsung SDI Co., Ltd., Toshiba Corporation and Valence Technology Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.