Market Overview:
The global Li-ion battery in transportation sector 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 hybrid vehicles. Additionally, the growing awareness about environment-friendly options for transportation is also propelling the demand for Li-ion batteries in transportation sector globally. The global Li-ion battery in transportation sector market can be segmented on the basis of type into fully automatic and semi automatic. On the basis of application, it can be segmented into hospital, medical center, and others. Regionally, it can be divided into North America, Latin America, Europe Asia Pacific and Middle East & Africa (MEA). Among these regions, North America dominates the global Li-ion battery in transportation sector market followed by Europe due to high adoption rate of electric vehicles in these regions.
Product Definition:
A Li-ion battery is a rechargeable battery that uses lithium ions to move between the anode and cathode. They are used in many transportation applications, such as electric vehicles, because of their high energy density and long lifespan.
Fully Automatic:
Fully automatic is a term used to define equipment or machines that can perform tasks without the need for human intervention. The fully automatic process is characterized by the performance of specific tasks which are set forth by an operator and performed automatically. In other words, fully automatic systems require no user guidance and have self-diagnostic capabilities; they also provide for easy maintenance with increased reliability.
Semi Automatic:
Semi automatic battery chargers are used for charging batteries in electric vehicles and power backup applications. The major function of these chargers is to detect the type of battery being charged, its charge state, and rate of discharge.
These semi-automatic systems are easy to install as compared to full automatic systems as there is no need for a skilled person to operate it. It can be easily installed by one person without any assistance from a service tech.
Application Insights:
Based on the application, the market is segmented into hospital, medical center and others. The others segment includes public transport buses and trains, electric vehicles and heavy commercial vehicles among other applications such as industrial trucks. Electric vehicle dominated this sector in 2017 owing to increasing government initiatives for promoting electric cars across various countries including China, U.S., India and European countries. For instance, in 2015-2016 Volvo introduced its 60 amp-hour battery pack for hybrid buses in Stockholm Sweden with a capacity of 575 hp that operated at intervals of up to eight hours at a time without requiring additional drivers or any form of external power supply source. Such initiatives by major players are expected to promote the growth over next few years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing government initiatives for using electric vehicles and growing investments in renewable energy sources. For instance, China has set up a target of having 5 million hybrid and pure EVs on roads by 2020. Furthermore, countries such as Japan are also supporting hybrid vehicle manufacturers by offering various financial incentives including tax reduction and investment subsidies through domestic Hybrid Incentive Scheme (HYS). Such government initiatives are anticipated to boost demand for advanced batteries in transportation sector across Asia Pacific region during the forecast period.
North America was estimated as one of the largest markets with revenue share of more than 20% in 2017 owing to presence of major battery manufacturers such as Exide, Johnson Controls along with other small scale manufactures specialized in Li-ion battery production based out of U.S., Canada & Mexico that cater primarily to automotive applications segment within North America market space.
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 will lead to an increase in the demand for Li-ion batteries, as they are used in most electric vehicles.
- Government initiatives and subsidies: Governments across the world are promoting the use of electric vehicles by providing subsidies and incentives. This is expected to drive the growth of the Li-ion battery market in transportation sector during the forecast period.
- Development of advanced technologies: The development of advanced technologies such as solid state batteries and lithium air batteries is expected to boost the growth of Li-ion battery market in transportation sector during the forecast period. These new technologies offer better performance and longer life cycle as compared to traditional Li-ion batteries, which will lead to their increased adoption in various applications including transportation sector .
Scope Of The Report
Report Attributes
Report Details
Report Title
Li-ion Battery in Transportation Sector Market Research Report
By Type
Fully Automatic, Semi Automatic
By Application
Hospital, Medical Center, Others
By Companies
GE, Siemens, Philips, Toshiba, Hitachi, ESAOTE, SciMedix, Paramed, Neusoft, Xingaoyi, ANKE, Huarun Wandong, Alltech
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Li-ion Battery in Transportation Sector Market Report Segments:
The global Li-ion Battery in Transportation Sector market is segmented on the basis of:
Types
Fully Automatic, Semi Automatic
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
Hospital, Medical Center, 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:
- GE
- Siemens
- Philips
- Toshiba
- Hitachi
- ESAOTE
- SciMedix
- Paramed
- Neusoft
- Xingaoyi
- ANKE
- Huarun Wandong
- Alltech
Highlights of The Li-ion Battery in Transportation Sector 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:
- Fully Automatic
- Semi Automatic
- By Application:
- Hospital
- Medical Center
- 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 Li-ion Battery in Transportation Sector 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?
A lithium ion battery is a type of rechargeable battery that uses lithium ions to store energy. These batteries are used in a variety of applications, including transportation. They are particularly popular in electric vehicles because they have a high capacity and can be recharged quickly.
Some of the major players in the li-ion battery in transportation sector market are GE, Siemens, Philips, Toshiba, Hitachi, ESAOTE, SciMedix, Paramed, Neusoft, Xingaoyi, ANKE, Huarun Wandong, Alltech.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Li-ion Battery in Transportation Sector 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 Li-ion Battery in Transportation Sector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Li-ion Battery in Transportation Sector 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 Li-ion Battery in Transportation Sector 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 Li-ion Battery in Transportation Sector Market Size & Forecast, 2020-2028
4.5.1 Li-ion Battery in Transportation Sector Market Size and Y-o-Y Growth
4.5.2 Li-ion Battery in Transportation Sector 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 Fully Automatic
5.2.2 Semi Automatic
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 Hospital
6.2.2 Medical Center
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Li-ion Battery in Transportation Sector 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 Li-ion Battery in Transportation Sector 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 Fully Automatic
9.6.2 Semi Automatic
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 Hospital
9.10.2 Medical Center
9.10.3 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 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 Fully Automatic
10.6.2 Semi Automatic
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 Hospital
10.10.2 Medical Center
10.10.3 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 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 Fully Automatic
11.6.2 Semi Automatic
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 Hospital
11.10.2 Medical Center
11.10.3 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 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 Fully Automatic
12.6.2 Semi Automatic
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 Hospital
12.10.2 Medical Center
12.10.3 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) 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 Fully Automatic
13.6.2 Semi Automatic
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 Hospital
13.10.2 Medical Center
13.10.3 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 Li-ion Battery in Transportation Sector Market: Competitive Dashboard
14.2 Global Li-ion Battery in Transportation Sector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Siemens
14.3.3 Philips
14.3.4 Toshiba
14.3.5 Hitachi
14.3.6 ESAOTE
14.3.7 SciMedix
14.3.8 Paramed
14.3.9 Neusoft
14.3.10 Xingaoyi
14.3.11 ANKE
14.3.12 Huarun Wandong
14.3.13 Alltech
