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Lithium Ion Battery Market, by (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), Power Capacity (0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh, More than 60000mAh), Industry (Aerospace and Defense, Automotive, Consumer Electronics, Industrial, Marine, Medical, Power) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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Lithium-ion (Li-ion) batteries are rechargeable batteries with high energy density and are mainly used in portable equipment. The market for these batteries is expected to witness a significant growth owing to their increasing use in smart phones, tablets/PCs, digital cameras, and power tools. Moreover, the demand for Li-ion batteries in the automobile industry is expected to increase with the increasing demand for electric vehicles. These batteries have gained popularity among the automobile manufacturers as they offer an alternative to nickel metal batteries used in electric vehicles, due to their small size and light weight. The lithium-ion battery industry is highly fragmented with the presence of large number of domestic players that occupy around 60% market share of the overall figure. Among the different market players present, Panasonic Corporation dominated last year. However, the market share of Panasonic Corporation is expected to decrease in the coming years due to the intensifying competition among prominent players to acquire major portion of the market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the lithium ion battery market. The scope of this report covers the lithium ion battery market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • There are substantial elements that hold scope for the global lithium-ion battery market growth. At present, the market is in its nascent stage. However, its contribution to the global industrial scenario is estimated to increase significantly in the years to come. The high purchase price creates a major limitation for the consumers to adopt lithium battery into their devices or systems. Numerous players are stepping in the market with their innovative products.
  • Emerging technologies, such as flexible batteries and aluminum-ion batteries, are expected to increase the competition in the years to come. Improved shelf life coupled with longer discharge cycles will positively influence the lithium ion battery market size over forecast period. Stringent government regulations towards carbon footprint will further complement the business landscape.
  • Rising adoption of electric vehicles with favorable government initiatives including tax rebate and subsidies will boost the demand for lithium ion battery market share. Hybrid and plug-in hybrid electric vehicles are key application areas.
  • Easy availability on account of a well-established supply chain has led to wide adoption of secondary batteries in numerous applications including industrial batteries, inverters and consumer electronics. Abundant supply of raw materials at economical prices will help maintain the high production volume.

On the basis of geography, the market may be categorized into regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. U.S. lithium ion battery market is expected to witness significant growth due to increasing electric vehicle demand with growing adoption of high quality consumer electronics products. China lithium ion battery market is set to witness considerable growth over the forecast period. As per the Department of Environment Protection (DOEP), the Chinese government has passed a resolution called ‘Battery and Recycled Lead Enterprises to gradually shift from lead acid batteries to lithium ion, to reduce the rampant lead poisoning. The Germany lithium ion battery market share will witness a robust growth owing to the high adoption of electric vehicles coupled with increasing consumer awareness towards environmentally friendly technologies. Government initiatives such as subsidies and low interest loan will boost the industry growth.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s lithium ion battery market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the lithium ion battery market by the following segments:

  • Lithium Ion Battery Market, by Type
    • 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)
  • Lithium Ion Battery Market, by Power Capacity
    • 0 to 3000mAh
    • 3000mAh to 10000mAh
    • 10000mAh to 60000mAh
    • More than 60000mAh
  • Lithium Ion Battery Market, by Industry
    • Aerospace and Defense
    • Automotive
    • Consumer Electronics
    • Industrial
    • Marine
    • Medical
    • Power

KEY MARKET PLAYERS

Key players in the lithium ion battery market include:

  • 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 

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

TRENDING RELATED REPORT

Electric Vehicle Battery Market, by Battery Type (Nickel Metal Hybrid, Lead Acid, Lithium-Ion, Zebra), Applications (Electric Vehicle, Plug-In Hybrid Electric, Hybrid Vehicle, Plug-In Electric, Battery Electric Vehicles) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022


  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. LITHIUM ION BATTERY MARKET, BY TYPE
    1. Segment Share
    2. By type
      1. Lithium Nickel Manganese Cobalt (LI-NMC)
      2. Lithium Iron Phosphate (LFP)
      3. Lithium Cobalt Oxide (LCO)
      4. Lithium Titanate Oxide (LTO)
      5. Lithium Manganese Oxide (LMO)
      6. Lithium Nickel Cobalt Aluminium Oxide (NCA)
  6. LITHIUM ION BATTERY MARKET, BY POWER CAPACITY
    1. Segment share
    2. By Power Capacity
      1. 0 to 3000mAh
      2. 3000mAh to 10000mAh
      3. 10000mAh to 60000mAh
      4. More than 60000mAh
  7. LITHIUM ION BATTERY MARKET, BY INDUSTRY
    1. Segment Share
    2. By Industry
      1. Aerospace and Defense
      2. Automotive
      3. Consumer Electronics
      4. Industrial
      5. Marine
      6. Medical
      7. Power
  8. LITHIUM ION BATTERY MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Type
      3. By Power Capacity
      4. By Industry
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Type
      3. By Power Capacity
      4. By Industry
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Type
      3. By Power Capacity
      4. By Industry
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Type
      3. By Power Capacity
      4. By Industry
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Type
      3. By Power Capacity
      4. By Industry
  9. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  10. KEY MARKET PLAYERS
    1. BAK Group 
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. BYD Company Ltd. 
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. LG Chem, Ltd. 
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. Panasonic Corporation 
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Samsung SDI Co., Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    6. GS Yuasa Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments 
    7. Hitachi Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Johnson Controls Inc. 
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Saft Groupe SA
      1. Overview
      2. Key Strategies
      3. Key Developments 
    10. Toshiba Corporation 
      1. Overview
      2. Key Strategies
      3. Key Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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