Lithium ion (Li-ion) batteries are rechargeable batteries with high-energy density and are mainly used in portable equipment. The market for these batteries is expected to witness a significant growth owing to their increasing use in smartphones, tablets/PCs, digital cameras, and power tools. Moreover, the demand for Li-ion batteries in the automobile industry is expected to increase with the rise in demand for electric vehicles. These batteries have gained popularity among the automobile manufacturers as they offer an alternative to nickel‐metal batteries used in electric vehicles, due to their small size and light weight. Thus, the increase in demand for electrical vehicle (EV), hybrid electric vehicle (HEV), and plug-in hybrid vehicle (PHV) is expected to foster the adoption of Li-ion batteries. Furthermore, the growth in demand for smartphones, tablet, and other compact portable electronic devices is expected to fuel the demand of these batteries. However, longer charging times of these batteries used in EV/PHV vehicles and their high price are the key factors, expected to restrict the market growth. The global lithium ion battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025, growing at a CAGR of 17.1% from 2018 to 2025.
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Increase in energy requirements by consumer gadgets due to continuous increase in the number of features is anticipated to create numerous growth opportunities for the players operating in the market. With the help of technological advancements, the prominent market players are manufacturing various lithium-ion batteries with higher capacity to cater to the increasing demands of the battery users. For instance, in 2014, AES Corporation announced to launch the world’s largest lithium-ion battery capable of providing 400 MW of power. This battery is expected to replace batteries of old gas plants, which were used for power generation. Moreover, in 2014, Tesla announced to build a battery plant known as “GigaFactory” in Nevada, U.S., which was expected to initiate the production of lithium-ion cell in 2017. This project is anticipated to reduce the price of Li-ion batteries owing to mass production.
The market is segmented based on component, end-use industry, and region. The component segment is divided into cathode, anode, electrolytic solution, and others (foils, binders, and separators). The end-use industry segment is categorized into electrical & electronics, automotive, industrial, and others (medical, military, and textile).
Based on region, the lithium-ion battery market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Some of the key players operating in this market include Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI), LITEC Co., Ltd., A123 Systems, LLC, Toshiba Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and GS Yuasa International Ltd. The other players in the market (not included in the report) include Tesla, Johnson Controls International Plc., Saft Batteries, and BYD Company Ltd.
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Chapters contain in this report as follows:
Chapter 1 provides an overview of Lithium Ion (Li-ion) Battery market, containing global revenue, global production, sales, and CAGR. The forecast and analysis of Lithium Ion (Li-ion) Battery market by type, application, and region are also presented in this chapter.
Chapter 2 is about the market landscape and major players. It provides competitive situation and market concentration status along with the basic information of these players.
Chapter 3 provides a full-scale analysis of major players in Lithium Ion (Li-ion) Battery industry. The basic information, as well as the profiles, applications and specifications of products market performance along with Business Overview are offered.
Chapter 4 gives a worldwide view of Lithium Ion (Li-ion) Battery market. It includes production, market share revenue, price, and the growth rate by type.
Chapter 5 focuses on the application of Lithium Ion (Li-ion) Battery, by analyzing the consumption and its growth rate of each application.
Chapter 6 is about production, consumption, export, and import of Lithium Ion (Li-ion) Battery in each region.
Chapter 7 pays attention to the production, revenue, price and gross margin of Lithium Ion (Li-ion) Battery in markets of different regions. The analysis on production, revenue, price and gross margin of the global market is covered in this part.
Chapter 8 concentrates on manufacturing analysis, including key raw material analysis, cost structure analysis and process analysis, making up a comprehensive analysis of manufacturing cost.
Chapter 9 introduces the industrial chain of Lithium Ion (Li-ion) Battery. Industrial chain analysis, raw material sources and downstream buyers are analyzed in this chapter.
Chapter 10 provides clear insights into market dynamics.
Chapter 11 prospects the whole Lithium Ion (Li-ion) Battery market, including the global production and revenue forecast, regional forecast. It also foresees the Lithium Ion (Li-ion) Battery market by type and application.
Chapter 12 concludes the research findings and refines all the highlights of the study.
Chapter 13 introduces the research methodology and sources of research data for your understanding.
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