Lithium Ion Battery Market, By Type (Cathode, Anode, Electrolytic solution, Others (Separator, binder, etc)), By Application (Automotive, Industrial, Consumer electronics and products, Others (Energy, Medical and Military)), By Region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
The lithium-ion battery refers to a family of batteries that includes the lithium polymer, lithium metal ion, lithium iron phosphate, lithium cobalt oxide, lithium selenide, lithium zinc battery, lithium metal hydride, lithium iron sulfate, lithium carbonate, lithium polymer, and lithium metal trioxide. A lithium-ion battery utilizes electrically bonded lithium atoms to form a series of lithium metal ions. A lithium ion is one of three different types of lithium metal that are used in many different types of electronic devices. These batteries have the ability to store large amounts of energy, have high voltages, and can be discharged quickly, which makes them very useful for use in numerous applications. These include everything from laptop and notebook batteries to automobile and golf cart batteries.
Market Dynamics:
Increasing penetration of electric vehicle is a prime factor driving growth of the lithium-ion battery market. According to the International Energy Agency, sales of electric cars topped 2.1 million globally in 2019, surpassing 2018 – already a record year – to boost the stock to 7.2 million electric cars. Also, growing demand for consumer electronic product is again fostering growth of the market.
However, high cost of the battery is expected to hinder growth of the market.
Key features of the study:
This report provides in-depth analysis of the lithium-ion battery market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global lithium-ion battery market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Sony, LLC, Automotive Energy Supply Corporation (AESC), China BAK Battery, Inc, GS Yuasa Corporation, Hitachi Chemical Co. Ltd., Johnson Controls, Inc., LG Chem Power, Inc., Panasonic Corporation, Samsung SDI Co. Ltd., and Toshiba Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global lithium-ion battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lithium-ion battery market
Detailed Segmentation:
Global Lithium-Ion Battery Market, By Type:
Cathode
Anode
Electrolytic solution
Others (Separator, binder, etc.)
Global Lithium-Ion Battery Market, By Application:
Automotive
Industrial
Consumer electronics and products
Others (Energy, Medical and Military)
Global Lithium-Ion Battery Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
Sony, LLC*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Automotive Energy Supply Corporation (AESC)
China BAK Battery, Inc
GS Yuasa Corporation
Hitachi Chemical Co. Ltd.
Johnson Controls, Inc.
LG Chem Power, Inc.
Panasonic Corporation
Samsung SDI Co. Ltd.
Toshiba Corporation
*Browse all the market data tables and figures on “Global Lithium-Ion Battery Market- Forecast to 2028”
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