Global Li-Ion Battery For 5G Base Station Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Market Overview:
The latest research study on the global Li-Ion Battery For 5G Base Station market finds that the global Li-Ion Battery For 5G Base Station market reached a value of USD 3071.39 million in 2022. It’s expected that the market will achieve USD 6033.21 million by 2028, exhibiting a CAGR of 11.91% during the forecast period.
The impact of COVID-19 on the lithium battery industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely impeded, production plans have been severely impeded, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have been damaged.
It seems that the epidemic has a great negative impact on the lithium battery market. However, considering that many countries such as China have increased investment in 5G construction this year, the number of base stations required for 5G far exceeds that of 4G base stations. And the lithium battery is currently the only battery that can best meet the battery requirements of 5G base stations. Therefore, we expect that the lithium battery industry will suffer some negative effects this year (mainly in the industrial chain), but the lithium battery industry will still grow this year.
The development of 5G base stations industry stimulates the demand of Li-lon batteries
The demand for 5G base stations for energy storage batteries has provided development opportunities for the entire energy storage industry. Due to the dense layout of 5G base stations and their concentration in prosperous areas, the base stations require small and light-weight base stations. Most lithium batteries with higher energy density use lithium iron phosphate batteries as backup power. Moreover, since the signal range in the 5G network is shorter than the signal range in the 4G network, the first launch will require more base stations to provide coverage, especially in cities, which will require more backup power.
Higher technical requirements
Unlike 4G, building a 5G network requires many changes to the energy system. Whether it is to use UPS to keep the power of important equipment connected, or to support high energy consumption equipment during peak hours, energy storage can help improve stability and improve power quality. In remote areas where grid power supply is not reliable, energy storage is also a valuable support tool.
Moreover, the outdoor environment of the communication base station is harsh, the environment of high temperature and high humidity must be considered, and overcharge and over-discharge must be prevented, especially as a special attribute of the base station backup power supply. In order to reduce operation and maintenance costs, operators prefer batteries with high cycle life and good battery quality. The most important thing is that after upgrading to 5G, the performance of the lithium battery in the base station system will greatly affect the stability of the network signal. This will involve the user's use and experience, and operators have higher requirements for the consistency and stability of the battery. Therefore, for the energy storage industry, 5G brings both challenges and opportunities.
Region Overview:
From 2022-2027, China is estimated to witness robust growth prospects.
Company Overview
Panasonic is one of the major players operating in the Li-Ion Battery For 5G Base Station market, holding a share of 12.32% in 2022.
Panasonic
Panasonic Corporation manufactures electrical and electronic products. The company produces household appliances, car navigation systems, digital equipment, computer peripherals, telecommunications, industrial equipment and electronic parts. Panasonic has affiliated companies around the world.
LG Chem
LG Chemical Co., Ltd. is South Korea's largest chemical company with its headquarters in Seoul, South Korea. LG Chem has three main business areas: basic materials and chemicals; information technology and electronic materials; and energy solutions.
Segmentation Overview:
By type, Capacity (Ah) Less than 100 segment accounted for the largest share of market in 2021.
Application Overview:
By application, the Micro base Station segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Li-Ion Battery For 5G Base Station market covered in Chapter 3:
Toshiba
Narada
Evebattery
Murata
LG Chem
TenPower
Shuangdeng
Zhongtian Energy Storage Technology Co., Ltd.
Sapt
Panasonic
Coslight
Tianjin Lishen Battery
Samsung SDI
In Chapter 4 and Chapter 14.2, on the basis of types, the Li-Ion Battery For 5G Base Station market from 2018 to 2029 is primarily split into:
Capacity (Ah) Less than 100
Capacity (Ah) 100-500
Capacity (Ah) 500-1000
Capacity (Ah) More than 1000
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Li-Ion Battery For 5G Base Station market from 2018 to 2029 covers:
Macro Base Station
Micro Base Station
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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