The global lithium-ion battery market size was USD Billion 45.07 in 2022 and is expected to register a revenue CAGR of 13.1% during the forecast period, according to latest analysis by Emergen Research. Increasing investments by governments of various countries across the globe in grid installations is expected to drive market revenue growth. In addition, rapidly increasing adoption of Electric Vehicles (EVs) is resulting in more and more efforts by companies in Research and Development (R&D) of lithium-ion batteries in order to meet the ongoing demand from automotive and other sectors. Development of a few new parameters such as lithium-ion diffusion, electrode-electrolyte interface properties, and electrode porosity, can help overcome challenges and achieve quick charging and ultra-long life and to create batteries with more technologically advanced products and improved battery capacity.
The global Lithium ion Battery market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Lithium ion Battery market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Contemporary Amperex Technology Co., Limited, SAMSUNG SDI CO., LTD., CBAK Energy Technology, Inc., Hitachi, Ltd., LITHIUMWERKS, Panasonic Holdings Corporation, TOSHIBA CORPORATION, NEC Corporation, SK innovation Co., Ltd., Energizer, BYD Company Ltd., LG Chem
Research Report on the Lithium ion Battery Market Addresses the Following Key Questions:
Who are the dominant players of the Lithium ion Battery market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Lithium ion Battery market?
What are the key growth drivers and restraining factors of the Lithium ion Battery market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Lithium ion Battery market and its key segments?
Emergen Research has segmented the global Lithium ion Battery market on the basis of type, type of care, and region
Segments Covered in this report are:
Material Outlook (Revenue, USD Billion; 2019–2032)
Cathode Material
Lithium Iron Phosphate (LFP)
Lithium Cobalt Oxide (LCO)
Lithium Nickel Manganese Cobalt (LMC)
Lithium Manganese Oxide (LMO)
Others
Anode Material
Natural Graphite
Artificial Graphite
Others
Separator Material
Electrolyte Material
Others
Product Type Outlook (Revenue, USD Billion; 2019–2032)
Component
Cells
Battery Packs
Portability
Stationary
Portable
Voltage Outlook (Revenue, USD Billion; 2019–2032)
Low (Below 12 V)
Medium (12V-36V)
High (Above 36V)
In conclusion, the Lithium ion Battery Market report is an exhaustive database that will help readers formulate lucrative strategies. The Lithium ion Battery Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.