Lithium Ion Battery Market, By Type (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Cobalt Aluminum Oxide, Lithium Manganese Oxide, Lithium Titanate, and Others), By Application (Automotive, Industrial, Consumer electronics and products, and
Lithium Ion Battery Market, By Type (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Cobalt Aluminum Oxide, Lithium Manganese Oxide, Lithium Titanate, and Others), By Application (Automotive, Industrial, Consumer electronics and products, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
The lithium ion battery market has seen tremendous growth over the past decade driven by the increasing demand from consumer electronics and electric vehicles. Lithium-ion technology has many advantages over previous battery technologies such as higher energy density, no memory effect, and low self-discharge. This has made lithium-ion batteries the technology of choice for most portable consumer devices such as smartphones, laptops, power tools, and more recently electric vehicles. Advancements in lithium-ion chemistry and manufacturing technologies have significantly increased lithium-ion batteries' power-to-weight ratio and lifetime. With nearly every major tech and automotive company investing heavily in further lithium-ion battery research, the market is expected to grow multifold in the coming years to support the growing penetration of EVs and renewable energy integration.
Market Dynamics:
The lithium ion battery market is driven by several factors such as the increasing demand for EVs, demand for automation and portable devices in the consumer electronics industry. However, high manufacturing costs and supply chain constraints of raw materials pose challenges to the growth of this market. The market sees lucrative opportunities with increasing investments in lithium-ion battery R&D by major automotive OEMs and battery manufacturers. Technologies surrounding solid state and lithium-metal batteries could unleash the true transformative potential of EVs.
Key Features of the Study:
This report provides in-depth analysis of the global lithium ion battery market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 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., Toshiba Corporation, BYD Co., Ltd., A123 Systems LLC, GS Yuasa International Ltd., Karacus Energy , Hioki, Battrixx , Exide Industries, Amara Raja Batteries, Bharat Power Solutions., and Amptek Batteries.
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-
By Type:
Lithium Cobalt Oxide (LCO)
Lithium Iron Phosphate (LFP)
Lithium Nickel Cobalt Aluminum Oxide (NCA)
Lithium Manganese Oxide (LMO)
Lithium Titanate
Others
By Application:
Automotive
Industrial
Consumer electronics and products
Others (Energy, Medical and Military)
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
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.
Toshiba Corporation
BYD Co., Ltd.
A123 Systems LLC
GS Yuasa International Ltd.
Karacus Energy
Hioki
Battrixx
Exide Industries
Amara Raja Batteries
Bharat Power Solutions.
Amptek Batteries
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Lithium Ion Battery Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Lithium Ion Battery Market
Impact Analysis
5. Global Lithium Ion Battery Market, By Type, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Lithium Cobalt Oxide (LCO)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Lithium Iron Phosphate (LFP)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Lithium Nickel Cobalt Aluminum Oxide (NCA)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Lithium Manganese Oxide (LMO)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Lithium Titanate
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
6. Global Lithium Ion Battery Market, By Application, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Automotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Industrial
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Consumer electronics and products
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
Others (Energy, Medical and Military)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
Segment Trends
7. Global Lithium Ion Battery Market, By Region, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2019-2031
North America
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn))
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Introduction
Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn)
Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
GCC Countries
Israel
Rest of Middle East & Africa
8. Competitive Landscape
Market Share Analysis
Company Profiles
Sony, LLC
Company Overview
Type Portfolio
Recent Developments/Updates
Automotive Energy Supply Corporation (AESC)
Company Overview
Type Portfolio
Recent Developments/Updates
China BAK Battery, Inc
Company Overview
Type Portfolio
Recent Developments/Updates
GS Yuasa Corporation
Company Overview
Type Portfolio
Recent Developments/Updates
Hitachi Chemical Co. Ltd.
Company Overview
Type Portfolio
Recent Developments/Updates
Johnson Controls, Inc.
Company Overview
Type Portfolio
Recent Developments/Updates
LG Chem Power, Inc.
Company Overview
Type Portfolio
Recent Developments/Updates
Panasonic Corporation
Company Overview
Type Portfolio
Recent Developments/Updates
Samsung SDI Co. Ltd.
Company Overview
Type Portfolio
Recent Developments/Updates
Toshiba Corporation
Company Overview
Type Portfolio
Recent Developments/Updates
BYD Co., Ltd.
Company Overview
Type Portfolio
Recent Developments/Updates
A123 Systems LLC
Company Overview
Type Portfolio
Recent Developments/Updates
GS Yuasa International Ltd.
Company Overview
Type Portfolio
Recent Developments/Updates
Karacus Energy
Company Overview
Type Portfolio
Recent Developments/Updates
Hioki
Company Overview
Type Portfolio
Recent Developments/Updates
Battrixx
Company Overview
Type Portfolio
Recent Developments/Updates
Exide Industries
Company Overview
Type Portfolio
Recent Developments/Updates
Amara Raja Batteries
Company Overview
Type Portfolio
Recent Developments/Updates
Bharat Power Solutions.
Company Overview
Type Portfolio
Recent Developments/Updates
Amptek Batteries
Company Overview
Type Portfolio
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
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