Global Small Power Lithium Battery Supply, Demand and Key Producers, 2023-2029
The global Small Power Lithium Battery market size is expected to reach $ 2560.1 million by 2029, rising at a market growth of 11.0% CAGR during the forecast period (2023-2029).
China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
This report studies the global Small Power Lithium Battery production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Small Power Lithium Battery, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Small Power Lithium Battery that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Small Power Lithium Battery total production and demand, 2018-2029, (K Units)
Global Small Power Lithium Battery total production value, 2018-2029, (USD Million)
Global Small Power Lithium Battery production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Small Power Lithium Battery consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: Small Power Lithium Battery domestic production, consumption, key domestic manufacturers and share
Global Small Power Lithium Battery production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global Small Power Lithium Battery production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Small Power Lithium Battery production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).
This reports profiles key players in the global Small Power Lithium Battery market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sony, Panasonic, Samsung, Ningde Times, Tenpower, LG, ATL, Guoxuan High-tech and BYD, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Small Power Lithium Battery market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Small Power Lithium Battery Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Small Power Lithium Battery Market, Segmentation by Type
Square Shell
Cylinder
Soft Bag
Global Small Power Lithium Battery Market, Segmentation by Application
Power Tools
Forklift
Two-Wheeler
Garden Tools
Other
Companies Profiled:
Sony
Panasonic
Samsung
Ningde Times
Tenpower
LG
ATL
Guoxuan High-tech
BYD
Funeng Technology
EVE Energy
Murata
Highstar
Key Questions Answered
1. How big is the global Small Power Lithium Battery market?
2. What is the demand of the global Small Power Lithium Battery market?
3. What is the year over year growth of the global Small Power Lithium Battery market?
4. What is the production and production value of the global Small Power Lithium Battery market?
5. Who are the key producers in the global Small Power Lithium Battery market?
6. What are the growth factors driving the market demand?