Market Overview:
The global 18650 batteries in automotive market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs). Lithium ion batteries are used in EVs and HEVs as they offer high energy density, long life, and fast charging. The use of lithium ion batteries in EVs is expected to increase significantly over the next decade as governments across the globe are promoting the adoption of EVs through various initiatives such as subsidies, tax rebates, and investment in charging infrastructure.
Product Definition:
An 18650 battery (18mm diameter, 65.0mm height) is a type of rechargeable lithium-ion battery used in portable electronics. 18650 batteries are cylindrical in shape, and are the most common type of battery used in consumer electronics today.
Lithium Cobalt Oxide (LiCoO2):
Lithium cobalt oxide is a cathode material that offers high energy density and superior performance in rechargeable batteries. It has the potential to be used as an advanced battery material for electric vehicles, grid storage systems, and portable devices.
Lithium Manganese Oxide (LiMn2O4):
Lithium manganese oxide is a material that exhibits high electrochemical and thermodynamic properties. It has been the subject of extensive research for use in advanced energy storage devices such as batteries. LiMn2O4 offers higher specific capacities than most other commercial battery materials, with the possible exception of NMC (N-Methyl-cobalt), which makes it an attractive option for automotive applications.
Application Insights:
The passenger cars segment dominated the global 18650 batteries in automotive market, accounting for more than 45.0% share of the overall revenue in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for electric and hybrid vehicles across various regions, including North America and Europe.
Commercial vehicles are projected to witness considerable growth over the forecast period due to rising demand from end-use industries such as mining and construction among others. Growing emphasis on green buildings coupled with sustainable development is expected to boost product demand from 2019 onward. Increasing preference for heavy commercial vehicle (HCV) manufacturing countries such as China, India and South Korea is also likely to contribute toward industry expansion over the next few years.
Regional Analysis:
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing demand for electric vehicles in countries such as China, India, and Japan. The region accounted for a revenue share of over 40% in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. This can be attributed primarily to the presence of key automobile manufacturers such as Toyota Industries Corporation, Suzuki Motor Corporation, Honda Motor Co., Ltd., Hyundai Motor Company Limited among others which are actively investing in R&D activities related with 18650 batteries.
The European market was valued at USD X billion in 2017 and is projected to expand at a CAGR of XX% from 2018 To 2030 due its well-established automotive industry coupled with stringent regulations regarding vehicular emissions coupled with high usage rates per vehicle particularly across countries like Germany.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This is primarily due to the increasing awareness about the benefits of electric vehicles such as low emissions, fuel efficiency, and low running costs.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the globe in an effort to reduce pollution levels. This is driving the demand for electric and hybrid vehicles, which in turn is boosting the growth of 18650 batteries in automotive market.
- Development of advanced battery technologies: The development of advanced battery technologies such as lithium-ion and lithium-polymer is aiding in improving the performance of 18650 batteries used in automotive applications. This is resulting in an increase in their adoption across different vehicle segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
18650 Batteries in Automotive Market Research Report
By Type
Lithium Cobalt Oxide (LiCoO2), Lithium Manganese Oxide (LiMn2O4), Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC), Lithium Iron Phosphate (LiFePO4), Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2), Lithium Titanate (Li4Ti5O12)
By Application
Passenger Cars, Commercial Vehicles
By Companies
Panasonic (Sanyo), Sony, Samsung, LG, A123 Systems, Tianjin Lishen Battery, Shenzhen Cham Battery 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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global 18650 Batteries in Automotive Market Report Segments:
The global 18650 Batteries in Automotive market is segmented on the basis of:
Types
Lithium Cobalt Oxide (LiCoO2), Lithium Manganese Oxide (LiMn2O4), Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC), Lithium Iron Phosphate (LiFePO4), Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2), Lithium Titanate (Li4Ti5O12)
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
Passenger Cars, Commercial Vehicles
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:
- Panasonic (Sanyo)
- Sony
- Samsung
- LG
- A123 Systems
- Tianjin Lishen Battery
- Shenzhen Cham Battery Technology
Highlights of The 18650 Batteries in Automotive 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:
- Lithium Cobalt Oxide (LiCoO2)
- Lithium Manganese Oxide (LiMn2O4)
- Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC)
- Lithium Iron Phosphate (LiFePO4)
- Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2)
- Lithium Titanate (Li4Ti5O12)
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 18650 Batteries in Automotive 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.
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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?
18650 batteries are used in automotive applications to power electric vehicles and other devices. They are popular because they have a high capacity and can be recharged quickly.
Some of the major companies in the 18650 batteries in automotive market are Panasonic (Sanyo), Sony, Samsung, LG, A123 Systems, Tianjin Lishen Battery, Shenzhen Cham Battery Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 18650 Batteries in Automotive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 18650 Batteries in Automotive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 18650 Batteries in Automotive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 18650 Batteries in Automotive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 18650 Batteries in Automotive Market Size & Forecast, 2020-2028
4.5.1 18650 Batteries in Automotive Market Size and Y-o-Y Growth
4.5.2 18650 Batteries in Automotive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Lithium Cobalt Oxide (LiCoO2)
5.2.2 Lithium Manganese Oxide (LiMn2O4)
5.2.3 Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC)
5.2.4 Lithium Iron Phosphate (LiFePO4)
5.2.5 Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2)
5.2.6 Lithium Titanate (Li4Ti5O12)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 18650 Batteries in Automotive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 18650 Batteries in Automotive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Lithium Cobalt Oxide (LiCoO2)
9.6.2 Lithium Manganese Oxide (LiMn2O4)
9.6.3 Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC)
9.6.4 Lithium Iron Phosphate (LiFePO4)
9.6.5 Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2)
9.6.6 Lithium Titanate (Li4Ti5O12)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Lithium Cobalt Oxide (LiCoO2)
10.6.2 Lithium Manganese Oxide (LiMn2O4)
10.6.3 Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC)
10.6.4 Lithium Iron Phosphate (LiFePO4)
10.6.5 Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2)
10.6.6 Lithium Titanate (Li4Ti5O12)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Lithium Cobalt Oxide (LiCoO2)
11.6.2 Lithium Manganese Oxide (LiMn2O4)
11.6.3 Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC)
11.6.4 Lithium Iron Phosphate (LiFePO4)
11.6.5 Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2)
11.6.6 Lithium Titanate (Li4Ti5O12)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Lithium Cobalt Oxide (LiCoO2)
12.6.2 Lithium Manganese Oxide (LiMn2O4)
12.6.3 Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC)
12.6.4 Lithium Iron Phosphate (LiFePO4)
12.6.5 Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2)
12.6.6 Lithium Titanate (Li4Ti5O12)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Lithium Cobalt Oxide (LiCoO2)
13.6.2 Lithium Manganese Oxide (LiMn2O4)
13.6.3 Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC)
13.6.4 Lithium Iron Phosphate (LiFePO4)
13.6.5 Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2)
13.6.6 Lithium Titanate (Li4Ti5O12)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 18650 Batteries in Automotive Market: Competitive Dashboard
14.2 Global 18650 Batteries in Automotive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic (Sanyo)
14.3.2 Sony
14.3.3 Samsung
14.3.4 LG
14.3.5 A123 Systems
14.3.6 Tianjin Lishen Battery
14.3.7 Shenzhen Cham Battery Technology
