Cylindrical Lithium-Ion Battery Market by Type (Cobalt-Manganese Mixture, Lithium Cobaltate, Lithium Iron Phosphate), Voltage (3.2 V, 3.6 V, 3.7 V), Battery Size, Application - Global Forecast 2024-2030
The Cylindrical Lithium-Ion Battery Market size was estimated at USD 183.74 million in 2023 and expected to reach USD 205.67 million in 2024, at a CAGR 12.25% to reach USD 412.70 million by 2030.
A cylindrical lithium-ion battery is a type of lithium-ion battery with a cylindrical shape using a metal can as its packaging material. Cylindrical lithium batteries feature electrodes encased in a cylindrical cell, a specially designed metal casing. The casing, cap, cathode, anode, separator, electrolyte, PTC element, gasket, and safety valve are all components of a standard cylindrical battery. Even under the harshest use conditions, the electrode material within is less likely to fragment due to its distinctive construction. The voltage and overall capacity of the battery pack are increased by combining and operating several cells in parallel on the inside of a cylindrical battery. The round shape of the battery helps the cell withstand a higher degree of internal pressure without deforming since side reactions' internal pressure is evenly distributed across the cell's circumference. Numerous types of cylindrical lithium batteries are now available due to advances in lithium battery technology. The proliferating use of consumer electronics and the surging need for medical devices drive the growth of the cylindrical lithium-ion battery market. However, the fluctuating cost of raw materials, limited availability of essential components, and associated explosion risk may hinder the adoption rate. Nevertheless, the emerging novel cylindrical Li-ion battery with advanced features and promising government norms for e-bikes may create a lucrative spectrum for market growth.
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing demand of cylindrical lithium-ion batteries attributed to high safety and consistency
- 5.1.1.2. Proliferating adoption of consumer electronics across the globe
- 5.1.1.3. Surging need for medical devices in economies
- 5.1.2. Restraints
- 5.1.2.1. Fluctuations in raw material prices and availability
- 5.1.3. Opportunities
- 5.1.3.1. Introduction of advanced cylindrical Li-ion battery with high capacity and density
- 5.1.3.2. Favorable government incentives and initiatives for e-bikes adoption
- 5.1.4. Challenges
- 5.1.4.1. Risk of an explosion or short-circuit of lithium-ion batteries
- 5.2. Market Segmentation Analysis
- 5.2.1. Type: Rising usage of lithium Cobaltate batteries due to their high energy density
- 5.2.2. Application: High potential of cylindrical lithium-ion battery across portable electronic devices for development of lightweight, long-lasting gadgets
- 5.3. Market Disruption Analysis
- 5.4. Porter’s Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
- 5.5. Value Chain & Critical Path Analysis
- 5.6. Pricing Analysis
- 5.7. Technology Analysis
- 5.8. Patent Analysis
- 5.9. Trade Analysis
- 5.10. Regulatory Framework Analysis
- 6. Cylindrical Lithium-Ion Battery Market, by Type
- 6.1. Introduction
- 6.2. Cobalt-Manganese Mixture
- 6.3. Lithium Cobaltate
- 6.4. Lithium Iron Phosphate
- 6.5. Lithium Manganate
- 6.6. Ternary Lithium Batteries
- 7. Cylindrical Lithium-Ion Battery Market, by Voltage
- 7.1. Introduction
- 7.2. 3.2 V
- 7.3. 3.6 V
- 7.4. 3.7 V
- 8. Cylindrical Lithium-Ion Battery Market, by Battery Size
- 8.1. Introduction
- 8.2. 10440 battery
- 8.3. 14500 battery
- 8.4. 16340 battery
- 8.5. 21700 battery
- 8.6. 26650 battery
- 8.7. 32650 battery
- 8.8. 40135 battery
- 9. Cylindrical Lithium-Ion Battery Market, by Application
- 9.1. Introduction
- 9.2. Electric Vehicles
- 9.3. Energy Storage Systems
- 9.4. Industiral Equipment
- 9.5. Medical Equipment
- 9.6. Portable Electronics
- 9.7. Power Tools
- 9.8. Unmanned Aerial Vehicle
- 10. Americas Cylindrical Lithium-Ion Battery Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Cylindrical Lithium-Ion Battery Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Cylindrical Lithium-Ion Battery Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. SK On Spearheads Innovation with New 4680 Cylindrical Battery for EVs
- 13.3.2. Panasonic Partners with Mazda for EV Innovation: Supplying High-Quality Lithium-Ion Batteries for Next-Gen Electric Vehicles
- 13.3.3. LG Energy Solution to Invest USD 5.5 Billion in North America’s Battery Complex in Arizona
- 13.4. Strategy Analysis & Recommendation
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
- FIGURE 1. CYLINDRICAL LITHIUM-ION BATTERY MARKET RESEARCH PROCESS
- FIGURE 2. CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. CYLINDRICAL LITHIUM-ION BATTERY MARKET DYNAMICS
- FIGURE 7. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 8. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY VOLTAGE, 2023 VS 2030 (%)
- FIGURE 10. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY VOLTAGE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY BATTERY SIZE, 2023 VS 2030 (%)
- FIGURE 12. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY BATTERY SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 14. GLOBAL CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA CYLINDRICAL LITHIUM-ION BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. CYLINDRICAL LITHIUM-ION BATTERY MARKET SHARE, BY KEY PLAYER, 2023
- FIGURE 24. CYLINDRICAL LITHIUM-ION BATTERY MARKET, FPNV POSITIONING MATRIX, 2023
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook