Global Lithium Ion Battery for Power Tool Market Growth 2023-2029

Global Lithium Ion Battery for Power Tool Market Growth 2023-2029

After the development of lithium-ion cells in the 2001s, lithium-ion batteries have been recently used in the most cases. Lithium-ion cells has two times more energy density than nickel-cadmium cells so it can make them smaller, and they have longer lifetime which gives them stable performance despite frequent charging and discharging. Installed with lithium-ion battery, wireless power tools become more available and are actually being used more and more.

LPI (LP Information)' newest research report, the “Lithium Ion Battery for Power Tool Industry Forecast” looks at past sales and reviews total world Lithium Ion Battery for Power Tool sales in 2022, providing a comprehensive analysis by region and market sector of projected Lithium Ion Battery for Power Tool sales for 2023 through 2029. With Lithium Ion Battery for Power Tool sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium Ion Battery for Power Tool industry.

This Insight Report provides a comprehensive analysis of the global Lithium Ion Battery for Power Tool landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lithium Ion Battery for Power Tool portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lithium Ion Battery for Power Tool market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium Ion Battery for Power Tool and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithium Ion Battery for Power Tool.

The global Lithium Ion Battery for Power Tool market size is projected to grow from US$ 1768.5 million in 2022 to US$ 2207.1 million in 2029; it is expected to grow at a CAGR of 2207.1 from 2023 to 2029.

The top 3 companies had a combined market share of nearly 75% of the global total in 2019, and this trend is expected to continue during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Lithium Ion Battery for Power Tool market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
18650 Batteries
21700 Batteries
Other

Segmentation by application
Electric Drill
Angle Grinder
Electric Wrench
Sander
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Panasonic
LG Energy Solution
SK
Samsung SDI
Murata
EVE
CATL
BYD
CALB
Gotion High-tech Co., Ltd.
Envision AESC
HIGH STAR
Jiangsu Tenpower Lithium Co., Ltd.
Guangzhou Great Power Energy & Technology CO., LTD.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lithium Ion Battery for Power Tool market?

What factors are driving Lithium Ion Battery for Power Tool market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lithium Ion Battery for Power Tool market opportunities vary by end market size?

How does Lithium Ion Battery for Power Tool break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.