Market Overview:
The global lithium cobalt oxide battery (LCO) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric vehicles and portable electronic devices. In terms of type, the LCO market is segmented into particle size-D50 (μm) PSD- D50 (μm) 5-12, particle size-D10 (μm) PSD- D10 (μm) 1-5, and particle size - D90( μ m )PSD - D90( Î µ m ) 12 - 25 . The demand for LCO with a smaller particle size is higher as it provides better performance in terms of high discharge current and low self discharge rate. By application, the cell phone segment accounts for majority of the share in terms of revenue followed by laptop, tablet PC , camera ,and others segments. Regionally, North America dominates the global LCO market followed by Europe and Asia Pacific .
Product Definition:
Lithium cobalt oxide battery, also known as LCO battery, is a type of lithium ion battery. It has high energy density and good cycle performance. LCO batteries are widely used in portable devices, such as laptop computers, digital cameras and mobile phones.
Particle Size-D50 (μm) PSD- D50 (μm) 5-12:
Particle size-D50 (μm) PSD- D50 (μm) 5-12, it's usage and growth factor in Lithium Cobalt Oxide Battery (LCO) market? Particle Size Distribution 50% of particles are less than 5 — 10 microns, 40% between 5 — 10 to 100 microns, and 20% greater than 100 microns.
Particle Size-D10 (μm) PSD- D10 (μm) 1-5:
Particle size-D10 (μm) PSD- D10 (μm) 1-5 is a type of particle filter media that is used in lithium cobalt oxide battery. Lithium cobalt oxide battery has the ability to provide high energy density solutions for various applications including electric vehicles and grid storage.
Application Insights:
The cell phone application segment led the global lithium cobalt oxide battery (LCO) market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for smartphones across all age groups and income levels. Moreover, technological advancements such as high-density batteries are expected to further propel product demand in this segment over the coming years.
The camera application segment accounted for a share of 15% in 2017 owing to growing usage of digital cameras and video cameras among all age groups, especially among consumers having younger children at home or studying abroad who require safety measures while traveling or sending videos and photos from far off places via social media platforms such as YouTube, Facebook & Instagram which is expected to drive product consumption over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing product demand from key application sectors such as cell phones, laptops, cameras, and tablets. The presence of a large number of manufacturers coupled with low manufacturing cost in countries like China has attracted major industry participants to set up their production facilities in this region.
The European market for lithium cobalt oxide batteries was worth USD X million in 2017 owing to growing product demand from key end-use sectors such as electric vehicles (EVs), portable electronics, medical devices among others.
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 LCO batteries, as they are used in most electric vehicles.
- Development of energy storage systems: With the increasing focus on renewable energy sources, there is a growing need for energy storage systems. LCO batteries are ideal for this purpose as they have high capacity and long life cycle.
- Growing popularity of smart devices: The global market for smart devices is expected to grow at a CAGR of more than 25% during the forecast period. This will lead to an increase in the demand for LCO batteries, as they are used in most smart devices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Cobalt Oxide Battery (LCO) Market Research Report
By Type
Particle Size-D50 (μm) PSD- D50 (μm) 5-12, Particle Size-D10 (μm) PSD- D10 (μm) 1-5, Particle Size-D90 (μm) PSD-D90 (μm) 12-25
By Application
Cell Phone, Tablet, Laptop, Camera
By Companies
BYD, Nichia, Accutronics, TOB, Flux Power, Merck, Targray, Nanoshel LLC, BYD
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Cobalt Oxide Battery (LCO) Market Report Segments:
The global Lithium Cobalt Oxide Battery (LCO) market is segmented on the basis of:
Types
Particle Size-D50 (μm) PSD- D50 (μm) 5-12, Particle Size-D10 (μm) PSD- D10 (μm) 1-5, Particle Size-D90 (μm) PSD-D90 (μm) 12-25
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
Cell Phone, Tablet, Laptop, Camera
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:
- BYD
- Nichia
- Accutronics
- TOB
- Flux Power
- Merck
- Targray
- Nanoshel LLC
- BYD
Highlights of The Lithium Cobalt Oxide Battery (LCO) 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:
- Particle Size-D50 (μm) PSD- D50 (μm) 5-12
- Particle Size-D10 (μm) PSD- D10 (μm) 1-5
- Particle Size-D90 (μm) PSD-D90 (μm) 12-25
- By Application:
- Cell Phone
- Tablet
- Laptop
- Camera
- 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 Cobalt Oxide Battery (LCO) 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?
Lithium Cobalt Oxide Battery (LCO) is a type of rechargeable battery that uses lithium ions to store energy. LCO batteries are often used in electric vehicles and other applications where high power and long life are desired.
Some of the major players in the lithium cobalt oxide battery (lco) market are BYD, Nichia, Accutronics, TOB, Flux Power, Merck, Targray, Nanoshel LLC, BYD.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) Market Size & Forecast, 2018-2028 4.5.1 Lithium Cobalt Oxide Battery (LCO) Market Size and Y-o-Y Growth 4.5.2 Lithium Cobalt Oxide Battery (LCO) Market Absolute $ Opportunity
Chapter 5 Global Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Type
5.2.1 Particle Size-D50 (μm) PSD- D50 (μm) 5-12
5.2.2 Particle Size-D10 (μm) PSD- D10 (μm) 1-5
5.2.3 Particle Size-D90 (μm) PSD-D90 (μm) 12-25
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Applications
6.2.1 Cell Phone
6.2.2 Tablet
6.2.3 Laptop
6.2.4 Camera
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) Analysis and Forecast
9.1 Introduction
9.2 North America Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Type
9.6.1 Particle Size-D50 (μm) PSD- D50 (μm) 5-12
9.6.2 Particle Size-D10 (μm) PSD- D10 (μm) 1-5
9.6.3 Particle Size-D90 (μm) PSD-D90 (μm) 12-25
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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Applications
9.10.1 Cell Phone
9.10.2 Tablet
9.10.3 Laptop
9.10.4 Camera
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 Lithium Cobalt Oxide Battery (LCO) Analysis and Forecast
10.1 Introduction
10.2 Europe Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Type
10.6.1 Particle Size-D50 (μm) PSD- D50 (μm) 5-12
10.6.2 Particle Size-D10 (μm) PSD- D10 (μm) 1-5
10.6.3 Particle Size-D90 (μm) PSD-D90 (μm) 12-25
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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Applications
10.10.1 Cell Phone
10.10.2 Tablet
10.10.3 Laptop
10.10.4 Camera
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 Lithium Cobalt Oxide Battery (LCO) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Type
11.6.1 Particle Size-D50 (μm) PSD- D50 (μm) 5-12
11.6.2 Particle Size-D10 (μm) PSD- D10 (μm) 1-5
11.6.3 Particle Size-D90 (μm) PSD-D90 (μm) 12-25
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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Applications
11.10.1 Cell Phone
11.10.2 Tablet
11.10.3 Laptop
11.10.4 Camera
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 Lithium Cobalt Oxide Battery (LCO) Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithium Cobalt Oxide Battery (LCO) 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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Type
12.6.1 Particle Size-D50 (μm) PSD- D50 (μm) 5-12
12.6.2 Particle Size-D10 (μm) PSD- D10 (μm) 1-5
12.6.3 Particle Size-D90 (μm) PSD-D90 (μm) 12-25
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 Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Applications
12.10.1 Cell Phone
12.10.2 Tablet
12.10.3 Laptop
12.10.4 Camera
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) Lithium Cobalt Oxide Battery (LCO) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithium Cobalt Oxide Battery (LCO) 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) Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Type
13.6.1 Particle Size-D50 (μm) PSD- D50 (μm) 5-12
13.6.2 Particle Size-D10 (μm) PSD- D10 (μm) 1-5
13.6.3 Particle Size-D90 (μm) PSD-D90 (μm) 12-25
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) Lithium Cobalt Oxide Battery (LCO) Market Size Forecast by Applications
13.10.1 Cell Phone
13.10.2 Tablet
13.10.3 Laptop
13.10.4 Camera
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 Lithium Cobalt Oxide Battery (LCO) Market: Competitive Dashboard
14.2 Global Lithium Cobalt Oxide Battery (LCO) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BYD
14.3.2 Nichia
14.3.3 Accutronics
14.3.4 TOB
14.3.5 Flux Power
14.3.6 Merck
14.3.7 Targray
14.3.8 Nanoshel LLC
14.3.9 BYD