Market Overview:
The global lithium polymer battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and consumer electronics. Additionally, the growing demand for batteries in aerospace applications is also contributing to the growth of this market. The global lithium polymer battery market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into polymer-based lithium solid-state batteries and lithium solid-state batteries with inorganic solid electrolytes. The former segment is expected to account for a larger share of this market during the forecast period owing to its high energy density and longer life cycle as compared with other types of batteries. On the basis of application, it can be classified into consumer electronics, electric vehicles, aerospace applications, and others (medical devices etc.).
Product Definition:
A lithium polymer battery (sometimes abbreviated Li-poly, LIPo, or LiPo) is a type of rechargeable battery using lithium ion technology in which the cells are encased in a flexible plastic material instead of metal. This gives the battery some advantages over other types of batteries: they are lighter weight; they can be shaped to fit into more spaces; and they pose less of a risk of fire if damaged.
Polymer-Based Lithium Solid-State Battery:
Polymer-based lithium solid-state battery is a next generation technology that uses liquid electrolytes and solid polymer electrolyte interphase. It offers several benefits over conventional batteries such as high energy density, safety, and environmental friendliness. The research & development for this technology has been going on for the past 10 years with commercialization expected by 2020.
Lithium Solid-State Battery with Inorganic Solid Electrolytes:
Lithium-ion (Li-ion) solid-state batteries have higher energy density, better safety, and longer life cycle as compared to conventional ones. They are used in applications such as cell phones, laptops/notebooks, electric vehicles (EV), power tools for industrial applications like forklifts and construction equipment among others. The growing demand for these products has led to the introduction of various types of solid electrolytes developed over the years.
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing use of lithium polymer batteries in portable devices including smartphones, tablets, e-readers and cameras among others.
The electric vehicle segment is expected to witness significant growth over the forecast period owing to increased production of EVs such as Tesla Model 3, Nissan Leaf and various others by major car manufacturers such as Ford Motor Company, General Motors Company and Toyota Motor Corporation among others. These companies are investing heavily in R&D activities for developing advanced batteries which meet high energy density requirements while retaining excellent performance characteristics during long life cycles under extreme temperatures conditions without compromising with safety or reliability requirements required by automotive OEMs from battery suppliers. This will result into higher demand for lithium polymer batteries during future years leading up to 2030 when commercialized electric vehicles reach end-of-life (EOL).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive destination for investors. China is one of the largest consumers and producers of lithium-ion batteries due to easy availability of raw materials and labor in this country.
The European market was valued at USD X million in 2017, wherein Germany accounted for a major share owing to high demand from electric vehicles as well as consumer electronics applications. However, stringent environmental regulations regarding waste disposal are expected to hamper growth during the forecast period. North America emerged as the second most prominent regional market accounting for 21% share in terms of revenue generation in 2017 on account Lithium Polymer Battery Market Growth In Consumer Electronics And Electric Vehicles Applications By Country (U S A., Canada) Including Emerging Companies Such As Tesla Inc.
Growth Factors:
- Increasing demand for electric vehicles: The global lithium polymer battery market is expected to grow at a CAGR of more than 15% during the forecast period. This can be attributed to the increasing demand for electric vehicles, as these batteries offer high power and energy density.
- Growing demand from consumer electronics: Lithium polymer batteries are extensively used in portable electronic devices such as smartphones, tablets, and laptops owing to their high capacity and low weight. This is expected to drive the growth of the market during the forecast period.
- Rising investment in renewable energy: The growth of renewable energy sources such as solar and wind power is anticipated to boost the demand for lithium polymer batteries over the next few years. These batteries are used in grid-connected storage systems that store surplus electricity generated from renewable sources for later use or sale into the grid when prices are higher than normal rates (peak pricing).
- Development of advanced technologies: The development of new technologies such as solid-state lithium ion cells is projected to fuelthe growthofthelithiumpolymerbatterymarketduringtheforecastperiodas they offer improved performance characteristics compared with traditional li-ion cells.. 5) Emerging applications: Lithium polymer batteries are finding increased application in emerging sectors such as drones, medical devices, and smart wearables due their superior performance characteristics over other battery chemistries
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Polymer Battery Market Research Report
By Type
Polymer-Based Lithium Solid-State Battery, Lithium Solid-State Battery with Inorganic Solid Electrolytes
By Application
Consumer Electronics, Electric Vehicle, Aerospace, Others
By Companies
BMW, Hyundai, Dyson, Apple, CATL, Bollore, Toyota, Panasonic, Jiawei, Bosch, Quantum Scape, Ilika, Excellatron Solid State, Cymbet, Solid Power, Mitsui Kinzoku, Samsung, ProLogium, Front Edge Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Polymer Battery Market Report Segments:
The global Lithium Polymer Battery market is segmented on the basis of:
Types
Polymer-Based Lithium Solid-State Battery, Lithium Solid-State Battery with Inorganic Solid Electrolytes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Electric Vehicle, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BMW
- Hyundai
- Dyson
- Apple
- CATL
- Bollore
- Toyota
- Panasonic
- Jiawei
- Bosch
- Quantum Scape
- Ilika
- Excellatron Solid State
- Cymbet
- Solid Power
- Mitsui Kinzoku
- Samsung
- ProLogium
- Front Edge Technology
Highlights of The Lithium Polymer Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polymer-Based Lithium Solid-State Battery
- Lithium Solid-State Battery with Inorganic Solid Electrolytes
- By Application:
- Consumer Electronics
- Electric Vehicle
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lithium Polymer Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A lithium polymer battery is a type of rechargeable battery that uses lithium ions to store energy. These batteries are often lighter and more durable than traditional lead-acid batteries, and they can be charged quickly using standard chargers.
Some of the major players in the lithium polymer battery market are BMW, Hyundai, Dyson, Apple, CATL, Bollore, Toyota, Panasonic, Jiawei, Bosch, Quantum Scape, Ilika, Excellatron Solid State, Cymbet, Solid Power, Mitsui Kinzoku, Samsung, ProLogium, Front Edge Technology.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lithium Polymer Battery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Lithium Polymer Battery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lithium Polymer Battery Market - Supply Chain
4.5. Global Lithium Polymer Battery Market Forecast
4.5.1. Lithium Polymer Battery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lithium Polymer Battery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lithium Polymer Battery Market Absolute $ Opportunity
5. Global Lithium Polymer Battery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Lithium Polymer Battery Market Size and Volume Forecast by Type
5.3.1. Polymer-Based Lithium Solid-State Battery
5.3.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lithium Polymer Battery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Lithium Polymer Battery Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Electric Vehicle
6.3.3. Aerospace
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lithium Polymer Battery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Lithium Polymer Battery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Lithium Polymer Battery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Lithium Polymer Battery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Lithium Polymer Battery Demand Share Forecast, 2019-2026
9. North America Lithium Polymer Battery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Lithium Polymer Battery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Lithium Polymer Battery Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Electric Vehicle
9.4.3. Aerospace
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lithium Polymer Battery Market Size and Volume Forecast by Type
9.7.1. Polymer-Based Lithium Solid-State Battery
9.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Lithium Polymer Battery Demand Share Forecast, 2019-2026
10. Latin America Lithium Polymer Battery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Lithium Polymer Battery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Lithium Polymer Battery Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Electric Vehicle
10.4.3. Aerospace
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lithium Polymer Battery Market Size and Volume Forecast by Type
10.7.1. Polymer-Based Lithium Solid-State Battery
10.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Lithium Polymer Battery Demand Share Forecast, 2019-2026
11. Europe Lithium Polymer Battery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Lithium Polymer Battery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Lithium Polymer Battery Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Electric Vehicle
11.4.3. Aerospace
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lithium Polymer Battery Market Size and Volume Forecast by Type
11.7.1. Polymer-Based Lithium Solid-State Battery
11.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Lithium Polymer Battery Demand Share, 2019-2026
12. Asia Pacific Lithium Polymer Battery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Lithium Polymer Battery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Lithium Polymer Battery Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Electric Vehicle
12.4.3. Aerospace
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lithium Polymer Battery Market Size and Volume Forecast by Type
12.7.1. Polymer-Based Lithium Solid-State Battery
12.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Lithium Polymer Battery Demand Share, 2019-2026
13. Middle East & Africa Lithium Polymer Battery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Lithium Polymer Battery Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Lithium Polymer Battery Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Electric Vehicle
13.4.3. Aerospace
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lithium Polymer Battery Market Size and Volume Forecast by Type
13.7.1. Polymer-Based Lithium Solid-State Battery
13.7.2. Lithium Solid-State Battery with Inorganic Solid Electrolytes
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Lithium Polymer Battery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lithium Polymer Battery Market: Market Share Analysis
14.2. Lithium Polymer Battery Distributors and Customers
14.3. Lithium Polymer Battery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BMW
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hyundai
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dyson
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apple
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CATL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bollore
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Toyota
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Panasonic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiawei
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bosch
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Quantum Scape
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ilika
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Excellatron Solid State
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Cymbet
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Solid Power
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mitsui Kinzoku
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Samsung
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ProLogium
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Front Edge Technology
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
