Market Overview:
The global cathode material of power tools lithium battery 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 and construction equipment. Cathode materials are used in lithium-ion batteries, which are extensively used in electric vehicles and construction equipment. The cobalt-based cathodes are expensive but offer high energy density, whereas manganese-based cathodes offer low cost and high safety. Nickel cobalt manganese (NCM or NMC) is a promising alternative to the expensive cobalt-based cathodes. It offers good performance at a lower cost as compared to other alternatives such as lithium iron phosphate (LFP).
Product Definition:
Cathode Material of Power Tools Lithium Battery is a material used in the battery's cathode. It helps to improve battery performance and life.
Cobalt:
Cobalt is a chemical element that is found in the earth's crust as a result of volcanic eruptions. It can also be produced from mines however, it is very difficult to extract and process. Cobalt has been used by man for thousands of years as an important source for the production of blue pigments which have been crucial in producing various cultural items including blue glass, ceramics, and paints.
Manganese:
Manganese (III) is a chemical element that is a manganese-based metal. It has the highest electron configuration of the stable elements. Its lability to capture an additional electron makes it very reactive and allows it to act as an oxidizing agent, cathode material, and deoxidizer.
Application Insights:
The construction application segment led the global cathode material of power tools lithium battery market in 2017. The growth can be attributed to the increasing use of electric drills and other power tools in construction activities. For instance, according to a blog by The Balance, Inc., an average homeowner may spend around USD 200 on purchasing and replacing various types of batteries during a remodeling project. However, with the help from contractors using high-quality materials such as lithium ion batteries can reduce costs associated with electrical equipment replacement by more than 50%.
Automotive is another key application segment for this market owing to rising demand for electric vehicles across major regions including North America and Europe. In addition, growing investments in R&D pertaining to automotive applications are expected to drive product demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product demand from key application sectors including construction, automotive, and aerospace in countries such as China, India, Japan, and South Korea. The region is anticipated to witness significant growth due to rising disposable income coupled with growing population especially in developing economies such as China and India.
The North American market was valued at USD X million in 2017 on account of high product demand from the U.S., which accounted for over 80% share of the overall revenue that year.
Growth Factors:
- Increasing demand for power tools from construction and manufacturing industries
- Growing popularity of cordless power tools
- Rising adoption of lithium-ion batteries in power tools
- Technological advancements in battery technology
- Growing demand for portable and lightweight power tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Cathode Material of Power Tools Lithium Battery Market Research Report
By Type
Cobalt, Manganese, Nickel Cobalt Manganese (NCM or NMC), Lithium Iron Phosphate (LFP), Others
By Application
Construction, Automotive, Aerospace, Energy, Household, Others
By Companies
Long Power Systems (Suzhou) Co., Ltd, Ronbay Technology, Beijing Easpring Material Technology Co.,Ltd, Hunan Shanshan Energy Technology Co. Ltd., Xiamen Tungsten Co. Ltd, Guizhou Zhenhua E-chem Inc., Targray Technology International Inc, Mitsubishi Chemical Corporation, Hitachi Chemical Co., Ltd, Nichia Corporation, JFE Chemical Corporation, FUJITSU, BTR New Energy Materials Inc., GEM Co. Ltd, NEI Corporation, BASF SE, Soundon New Energy Technology Co.,Ltd
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Cathode Material of Power Tools Lithium Battery Market Report Segments:
The global Cathode Material of Power Tools Lithium Battery market is segmented on the basis of:
Types
Cobalt, Manganese, Nickel Cobalt Manganese (NCM or NMC), Lithium Iron Phosphate (LFP), Others
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
Construction, Automotive, Aerospace, Energy, Household, 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:
- Long Power Systems (Suzhou) Co., Ltd
- Ronbay Technology
- Beijing Easpring Material Technology Co.,Ltd
- Hunan Shanshan Energy Technology Co. Ltd.
- Xiamen Tungsten Co. Ltd
- Guizhou Zhenhua E-chem Inc.
- Targray Technology International Inc
- Mitsubishi Chemical Corporation
- Hitachi Chemical Co., Ltd
- Nichia Corporation
- JFE Chemical Corporation
- FUJITSU
- BTR New Energy Materials Inc.
- GEM Co. Ltd
- NEI Corporation
- BASF SE
- Soundon New Energy Technology Co.,Ltd
Highlights of The Cathode Material of Power Tools Lithium 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:
- Cobalt
- Manganese
- Nickel Cobalt Manganese (NCM or NMC)
- Lithium Iron Phosphate (LFP)
- Others
- By Application:
- Construction
- Automotive
- Aerospace
- Energy
- Household
- 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 Cathode Material of Power Tools Lithium 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
The cathode material of a lithium battery is typically lithium cobalt oxide.
Some of the major players in the cathode material of power tools lithium battery market are Long Power Systems (Suzhou) Co., Ltd, Ronbay Technology, Beijing Easpring Material Technology Co.,Ltd, Hunan Shanshan Energy Technology Co. Ltd., Xiamen Tungsten Co. Ltd, Guizhou Zhenhua E-chem Inc., Targray Technology International Inc, Mitsubishi Chemical Corporation, Hitachi Chemical Co., Ltd, Nichia Corporation, JFE Chemical Corporation, FUJITSU, BTR New Energy Materials Inc., GEM Co. Ltd, NEI Corporation, BASF SE, Soundon New Energy Technology Co.,Ltd.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery Market Size & Forecast, 2018-2028
4.5.1 Cathode Material of Power Tools Lithium Battery Market Size and Y-o-Y Growth
4.5.2 Cathode Material of Power Tools Lithium Battery Market Absolute $ Opportunity
Chapter 5 Global Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Type
5.2.1 Cobalt
5.2.2 Manganese
5.2.3 Nickel Cobalt Manganese (NCM or NMC)
5.2.4 Lithium Iron Phosphate (LFP)
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automotive
6.2.3 Aerospace
6.2.4 Energy
6.2.5 Household
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery Analysis and Forecast
9.1 Introduction
9.2 North America Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Type
9.6.1 Cobalt
9.6.2 Manganese
9.6.3 Nickel Cobalt Manganese (NCM or NMC)
9.6.4 Lithium Iron Phosphate (LFP)
9.6.5 Others
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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automotive
9.10.3 Aerospace
9.10.4 Energy
9.10.5 Household
9.10.6 Others
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 Cathode Material of Power Tools Lithium Battery Analysis and Forecast
10.1 Introduction
10.2 Europe Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Type
10.6.1 Cobalt
10.6.2 Manganese
10.6.3 Nickel Cobalt Manganese (NCM or NMC)
10.6.4 Lithium Iron Phosphate (LFP)
10.6.5 Others
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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automotive
10.10.3 Aerospace
10.10.4 Energy
10.10.5 Household
10.10.6 Others
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 Cathode Material of Power Tools Lithium Battery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Type
11.6.1 Cobalt
11.6.2 Manganese
11.6.3 Nickel Cobalt Manganese (NCM or NMC)
11.6.4 Lithium Iron Phosphate (LFP)
11.6.5 Others
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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automotive
11.10.3 Aerospace
11.10.4 Energy
11.10.5 Household
11.10.6 Others
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 Cathode Material of Power Tools Lithium Battery Analysis and Forecast
12.1 Introduction
12.2 Latin America Cathode Material of Power Tools Lithium Battery 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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Type
12.6.1 Cobalt
12.6.2 Manganese
12.6.3 Nickel Cobalt Manganese (NCM or NMC)
12.6.4 Lithium Iron Phosphate (LFP)
12.6.5 Others
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 Cathode Material of Power Tools Lithium Battery Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automotive
12.10.3 Aerospace
12.10.4 Energy
12.10.5 Household
12.10.6 Others
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) Cathode Material of Power Tools Lithium Battery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cathode Material of Power Tools Lithium Battery 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) Cathode Material of Power Tools Lithium Battery Market Size Forecast by Type
13.6.1 Cobalt
13.6.2 Manganese
13.6.3 Nickel Cobalt Manganese (NCM or NMC)
13.6.4 Lithium Iron Phosphate (LFP)
13.6.5 Others
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) Cathode Material of Power Tools Lithium Battery Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automotive
13.10.3 Aerospace
13.10.4 Energy
13.10.5 Household
13.10.6 Others
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 Cathode Material of Power Tools Lithium Battery Market: Competitive Dashboard
14.2 Global Cathode Material of Power Tools Lithium Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Long Power Systems (Suzhou) Co., Ltd
14.3.2 Ronbay Technology
14.3.3 Beijing Easpring Material Technology Co.,Ltd
14.3.4 Hunan Shanshan Energy Technology Co. Ltd.
14.3.5 Xiamen Tungsten Co. Ltd
14.3.6 Guizhou Zhenhua E-chem Inc.
14.3.7 Targray Technology International Inc
14.3.8 Mitsubishi Chemical Corporation
14.3.9 Hitachi Chemical Co., Ltd
14.3.10 Nichia Corporation
14.3.11 JFE Chemical Corporation
14.3.12 FUJITSU
14.3.13 BTR New Energy Materials Inc.
14.3.14 GEM Co. Ltd
14.3.15 NEI Corporation
14.3.16 BASF SE
14.3.17 Soundon New Energy Technology Co.,Ltd
