Lithium Ion Battery Market Size, Share, Analysis Report

Lithium Ion Battery Market By Power Capacity Analysis (0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh, More than 60000mAh); By Industry Analysis (Aerospace and Defense, Automotive, Consumer Electronics, Industrial, Marine, Medical, Power); By Type Analysis (Lithium Nickel Manganese Cobalt (LI-NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Titanate Oxide (LTO), Lithium Manganese Oxide (LMO), Lithium Nickel Cobalt Aluminium Oxide (NCA)) and By Regional Analysis – Global Forecast by

The Lithium Ion Battery Market is expected to be around US$ 136 Billion by 2027 at a CAGR of 16.5% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Samsung SDI Co Ltd.
  • Panasonic Corporation
  • BAK Group
  • LG Chem Ltd
  • BYD Co. Ltd
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    16

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Lithium batteries now a days comes in all shapes and sizes, but they are same on the inside and are of lighter in weight as compared to other batteries of the same capacity. The expanding interest of vitality proficient, safe, and minimal effort batteries is the key element driving the development of the lithium particle battery market. Lithium particle batteries are a favored decision for buyer gadgets items as a compact power source in view of the elements of high vitality thickness and less energize time. The usage of lithium particle batteries in car division for module half and half electric vehicles (PHEV) and battery electric vehicles (BEV) enhances the productivity and lessen the upkeep cost of the vehicle. These applications incorporate electric vehicles, material dealing with hardware, marine industry applications, robots, modern applications, media transmission frameworks, vitality stockpiling framework (ESS) stages, military applications, and GEO, LEO, and MEO satellites.

    How Big is the Global Lithium Ion Battery Market?

    The Lithium Ion Battery Market is expected to be around US$ 136 Billion by 2027 at a CAGR of 16.5% in the given forecast period.

    The major driving factors of Lithium Ion Battery Market are as follows:

    • Rising demand in the electric automobile sector
    • Technological advancements in research and development on lithium ion batteries
    • Growing interest for brilliant gadgets and buyer hardware
    • Increasing interest of vitality effective, safe, and minimal effort batteries

    The restraining factors of Lithium Ion Battery Market are as follows:

    • Security threats postured by overheating of lithium batteries
    • Inadequate charging infrastructure
    • Alternative batteries and solutions available in the market

    The Lithium Ion Battery Market is segmented on the lines of its power capacity, industry, type and regional. Based on power capacity segmentation it covers 0 to 3000mah, 3000mah to 10000mah, 10000 mah to 60000mah, more than 60000mah. Based on industry segmentation it covers aerospace and defense, automotive, consumer electronics, industrial, marine, medical, power. Based on type segmentation it covers lithium nickel manganese cobalt (LI-NMC), lithium iron phosphate (LFP), lithium cobalt oxide (LCO), lithium titanate oxide (LTO), lithium manganese oxide (LMO), lithium nickel cobalt aluminium oxide (NCA). The Lithium Ion Battery Marketon geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for Lithium Ion Battery Market and related technologies.
    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
    3) Identifications of new market opportunities and targeted promotional plans for Lithium Ion Battery Market.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    REPORT SCOPE:

    The scope of the report includes a detailed study of global and regional markets onLithium Ion Battery Marketwith the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report includeSamsung SDI Co., Ltd. (South Korea), and BAK Group (China), LG Chem Ltd. (South Korea) and Panasonic Corporation (Japan) BYD Co. Ltd. (China), LG Chem Ltd. (South Korea),among others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Lithium Ion Battery Market has been segmented as below: (Accordingly)

    By Power Capacity Analysis:

    • 0 to 3000mAh
    • 3000mAh to 10000mAh
    • 10000mAh to 60000mAh
    • More than 60000mAh

    By Industry Analysis:

    • Aerospace and Defense
    • Automotive
    • Consumer Electronics
    • Industrial
    • Marine
    • Medical
    • Power

    By Type Analysis:

    • Lithium Nickel Manganese Cobalt (LI-NMC)
    • Lithium Iron Phosphate (LFP)
    • Lithium Cobalt Oxide (LCO)
    • Lithium Titanate Oxide (LTO)
    • Lithium Manganese Oxide (LMO)
    • Lithium Nickel Cobalt Aluminium Oxide (NCA)

    By Regional Analysis

    North America
    Europe
    Asia-Pacific
    Rest of the World

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all Lithium Ion Battery Market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of Lithium Ion Battery Market data.
    4) Assess your competitor’s refining portfolio and its evolution.

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    1    INTRODUCTION    
        1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    2 Research Methodology 
        2.1 Research Data 
               2.1.1 Secondary and Primary Research
                        2.1.1.1 Key Industry Insights
               2.1.2 Secondary Data
                        2.1.2.1 Key Data From Secondary Sources
               2.1.3 Primary Data
                        2.1.3.1 Primary Interviews With Experts
                        2.1.3.2 Breakdown of Primaries
                        2.1.3.3 Key Data From Primary Sources
        2.2 Market Size Estimation 
               2.2.1 Bottom-Up Approach
                        2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
               2.2.2 Top-Down Approach
                        2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
        2.3 Market Breakdown and Data Triangulation 
        2.4 Research Assumptions

    3 Executive Summary 

    4 Premium Insights 
        4.1 Attractive Growth Opportunities for the Lithium Ion Battery Market 
        4.2 Lithium Ion Battery, By Type (2018–2024) 
        4.3 Lithium Ion Battery, By Industry and Geography (2018) 
        4.4 Lithium Ion Battery, By Power Capacity 
        4.5 Lithium Ion Battery, By Geography (2018)

    5 Market Overview 
        5.1 Introduction 
        5.2 Market Segmentation 
               5.2.1 By Material Type
               5.2.2 By Type
               5.2.3 By Resources
               5.2.4 By Power Capacity
               5.2.5 By Industry
               5.2.6 By Geography
        5.3 Market Dynamics 
               5.3.1 Drivers
                        5.3.1.1 Increase in Demand for Electric Vehicle
                        5.3.1.2 Strict Government Mandates on Fuel Economy
                        5.3.1.3 Growing Demand for Smart Devices and Other Consumer Electronics
                        5.3.1.4 Developments Towards Enhancement of Lithium Ion Batteries
               5.3.2 Restraints
                        5.3.2.1 Overheating of Lithium Ion Batteries Poses Security Concerns
                        5.3.2.2 Inadequate Charging Infrastructure
               5.3.3 Opportunities
                        5.3.3.1 Increasing Use of New Technologies in Lithium Ion Batteries
                        5.3.3.2 Declining Prices of Lithium Ion Batteries Increases Its Adoption in New Application Base
               5.3.4 Challenges
                        5.3.4.1 Development of Lithium-Air, Lithium-Sulphur and Sodium Ion Batteries to Act as Substitute for Lithium Ion Batteries

    6 Industry Trends
        6.1 Introduction 
        6.2 Value Chain Analysis 
        6.3 Porter’s Five Forces Analysis 
               6.3.1 Intensity of Competitive Rivalry
               6.3.2 Threat of Substitutes
               6.3.3 Bargaining Power of Buyers
               6.3.4 Bargaining Power of Suppliers
               6.3.5 Threat of New Entrants

    7 Lithium Ion Battery Market, By Material Type 
        7.1 Introduction 
               7.1.1 Relation Between Material Type for Performance
        7.2 Cathode 
        7.3 Anode 
        7.4 Electrolytic Solution 
        7.5 Others (Foil, Binder, Separators)

    8 Lithium Ion Battery Market, By Type 
        8.1 Introduction 
        8.2 Lithium Nickel Manganese Cobalt (LI-NMC) 
        8.3 Lithium Iron Phosphate (LFP) 
        8.4 Lithium Cobalt Oxide (LCO) 
               8.4.1 Shortcomings of LCO Batteries
        8.5 Lithium Titanate Oxide (LTO) 
        8.6 Lithium Manganese Oxide (LMO) 
        8.7 Lithium Nickel Cobalt Aluminum Oxide (NCA)

    9 Lithium Ion Battery Market, By Resources 
        9.1 Introduction 
        9.2 Proven Reserves 
               9.2.1 Argentina
               9.2.2 Bolivia
               9.2.3 Chile
               9.2.4 Australia
               9.2.5 China
               9.2.6 Others
        9.3 Export & Import of Lithium Ion Batteries 
        9.4 Pricing Trend 
        9.5 Companies Exploring Lithium

    10 Lithium Ion Battery Market, By Power Capacity 
         10.1 Introduction 
         10.2 0 to 3000mAh 
         10.3 3000mAh to 10000mAh 
         10.4 10000mAh to 60000mAh 
         10.5 More Than 60000mAh

    11 Lithium Ion Battery Market, By Industry 
         11.1 Introduction 
         11.2 Consumer Electronics 
                 11.2.1 Smartphones
                            11.2.1.1 New Innovations in Lithium Ion Batteries
                 11.2.2 UPS
                            11.2.2.1 Low Maintenance Cost and High Thermal Handling Capability of Lithium Ion Battery for UPS
                 11.2.3 Laptops
                            11.2.3.1 New R&D in Lithium Ion Batteries for Laptops
                 11.2.4 Others (Games , Gardening Tools and Drilling)
         11.3 Automotive 
                 11.3.1 Battery Electric Vehicles
                 11.3.2 Plug-In Hybrid Electric Vehicles
         11.4 Aerospace and Defense 
                 11.4.1 Commercial Aircrafts
                 11.4.2 Defense
         11.5 Marine 
                 11.5.1 Commercial
                 11.5.2 Tourism
                 11.5.3 Defense
         11.6 Medical 
                 11.6.1 Use of Lithium in Small Medical Devices
                 11.6.2 Implementation of Lithium Ion Batteries in New Technological Medical Devices
         11.7 Industrial 
                 11.7.1 Construction Equipment
                 11.7.2 Mining Equipment
         11.8 Power

    12 Geographic Analysis 
         12.1 Introduction 
         12.2 North America 
                 12.2.1 Increasing Events and Conferences Support the Adoption of Lithium Ion Batteries in the North America
                 12.2.2 U.S.
                            12.2.2.1 Government Initiatives and Private Sector Developments
                 12.2.3 Canada
                            12.2.3.1 Climate Change Initiative in Canada
                 12.2.4 Mexico
                            12.2.4.1 Development By Leading Players of Li-Ion Batteries Market in Mexico
         12.3 Europe 
                 12.3.1 U.K.
                            12.3.1.1 Energy Storage Issues Tackled By Government Using Li-Ion Batteries
                 12.3.2 Germany
                            12.3.2.1 Research and Development By Private Sector and Research Institutes in Germany Driving the Li-Ion Battery Market
                 12.3.3 The Netherlands
                            12.3.3.1 Stringent Decisions Taken By the Dutch Government Helping the Li-Ion Battery Market
                 12.3.4 Norway
                 12.3.5 Rest of Europe
         12.4 APAC 
                 12.4.1 Increasing Events and Exhibition Boosts the Adoption of Lithium Ion Batteries in Various Applications
                 12.4.2 China
                            12.4.2.1 Growth of Electric Vehicle Market to Drive the Market
                 12.4.3 Japan
                            12.4.3.1 Exhibitions in Japan Supporting the Growth of Lithium Ion Batteries
                            12.4.3.2 Japan Booming Market of Electric Vehicles Drives the Li-Ion Market
                 12.4.4 India
                            12.4.4.1 The National Electric Mobility Mission Plan 2020 Initiative of Department of Heavy Industry
                 12.4.5 Rest of APAC
                            12.4.5.1 Plans By South Korean Government to Drive Li-Ion Battery Market
         12.5 Rest of the World 
                 12.5.1 Middle East
                            12.5.1.1 Promoting the Growth of Saudi Arabia’s Home of Innovation Facility
                 12.5.2 Africa
                 12.5.3 South America

    13 Competitive Landscape 
         13.1 Overview 
         13.2 Market Ranking Analysis 
         13.3 Competitive Situation and Trends 
                 13.3.1 Partnerships, Agreements, Collaborations, and Contracts
                 13.3.2 New Product Launches and Developments
                 13.3.3 Acquisitions and Expansions

    14 Company Profiles 
         14.1 Introduction 
         14.2 BAK Group 
         14.3 BYD Company Ltd. 
         14.4 LG Chem, Ltd. 
         14.5 Panasonic Corporation 
         14.6 Samsung SDI Co., Ltd. 
         14.7 GS Yuasa Corporation 
         14.8 Hitachi Ltd. 
         14.9 Johnson Controls Inc. 
         14.10 Saft Groupe SA 
         14.11 Toshiba Corporation 
         14.12 A123 Systems, LLC. 
         14.13 Valence Technology, Inc.

    The Lithium Ion Battery Market has been segmented as below: (Accordingly)

    By Power Capacity Analysis:

    • 0 to 3000mAh
    • 3000mAh to 10000mAh
    • 10000mAh to 60000mAh
    • More than 60000mAh

    By Industry Analysis:

    • Aerospace and Defense
    • Automotive
    • Consumer Electronics
    • Industrial
    • Marine
    • Medical
    • Power

    By Type Analysis:

    • Lithium Nickel Manganese Cobalt (LI-NMC)
    • Lithium Iron Phosphate (LFP)
    • Lithium Cobalt Oxide (LCO)
    • Lithium Titanate Oxide (LTO)
    • Lithium Manganese Oxide (LMO)
    • Lithium Nickel Cobalt Aluminium Oxide (NCA)

    By Regional Analysis

    North America
    Europe
    Asia-Pacific
    Rest of the World

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    The market is expected to grow at a CAGR of 16.5% during the study period (2022-2027)
    The Lithium Ion Battery Market is expected to exceed more than US$ 111 Billion by 2027
    The segment included in Lithium Ion Battery Market is Power Capacity, Industry, Type and region.
    Some key players operating in the Lithium Ion Battery Market include Samsung SDI Co., Ltd. (South Korea), and BAK Group (China), LG Chem Ltd. (South Korea) and Panasonic Corporation (Japan) BYD Co. Ltd. (China), LG Chem Ltd
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