Market Overview:
The global lithium ion secondary 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 growing demand for smart devices. In terms of type, the cylindrical batteries segment is expected to hold the largest share of the global lithium ion secondary battery market during the forecast period. This can be attributed to their high energy density and long life cycle. In terms of application, the smart phone segment is expected to hold a major share of the global lithium ion secondary battery market during 2018-2030 owing to its high adoption rate across various regions.
Product Definition:
A lithium ion secondary battery is a rechargeable battery that uses lithium ions to store electrical energy. They are often used in portable devices, such as laptops and cell phones, because they have a high energy density and can be recharged quickly.
Cylindrical Batteries:
Cylindrical batteries are a type of battery in which the positive and negative terminals are placed at the center of the outer surface. The shape is that of a cylinder, hence it is also called as cylindrical battery. Cylindrical batteries find application in portable devices such as digital watches, calculators, remote controls, and toys that require small size batteries.
Prismatic Batteries:
Prismatic batteries are a type of rechargeable battery that uses liquid electrolyte and is made up of individual cells. It has a unique structure, which enables it to have more energy in lesser space as compared to conventional batteries. The Prismatic Batteries market size was valued at USD 962.5 million in 2016 and is expected to grow at a CAGR of XX% from 2017 - 2022.
Application Insights:
The laptop segment accounted for the largest revenue share in 2016 and is expected to witness significant growth over the forecast period. Increasing usage of lithium-ion batteries in laptops due to high energy density, safety and low self-discharge rates is expected to drive the demand for Li-ion batteries over the forecast period.
The growing popularity of smartphones has led to increased usage of applications, which require constant internet connectivity. This has resulted in increased demand for smart phones, especially from developing countries such as China and India where production levels are higher than developed countries like America and Europe. The increasing trend towards miniaturization of devices including tablets is also likely to contribute significantly towards market growth during the forecast period owing to rising consumer preference for portable electronic devices with enhanced features such as HD displays, cameras etc.
Regional Analysis:
Asia Pacific is expected to be the largest market for lithium ion secondary batteries, accounting for more than 45% of the global revenue in 2017. The growth can be attributed to increasing demand from countries such as China and Japan. Increasing penetration of smartphones and growing usage of tablets are also driving the regional market.
The European region accounted for over 20% of global revenue in 2017 owing to rising product adoption across major economies including Germany, France, Italy and Spain among others. Growing product demand from these countries is anticipated to drive growth over the forecast period.
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 lithium ion secondary batteries, as they are used in most electric vehicles.
- Development of advanced battery technologies: The development of advanced battery technologies such as solid state and lithium air batteries will lead to an increase in the demand for lithium ion secondary batteries. These new technologies are expected to offer better performance and longer life cycles than traditional lithium ion secondary batteries.
- Growing use of renewable energy sources: Renewable energy sources such as solar and wind power are becoming increasingly popular due to their environmental benefits. This is leading to an increase in the use of grid-connected storage systems, which require large quantities of high-quality lithium ion secondary batteries.
- Rising consumer electronics sales: Consumer electronics sales are growing rapidly worldwide, driven by factors such as rising income levels and technological advancements. This is resulting in increased demand for portable devices that use lithium ion secondary batteries, such as laptops, tablets, and smartphones . 5) Emerging markets: Rapid economic growth in emerging markets such as China and India is leading to a surge in consumer spending on goods and services including electronic gadgets
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Ion Secondary Battery Market Research Report
By Type
Cylindrical Batteries, Prismatic Batteries, Polymer Batteries
By Application
Smart phone, Tablet, Laptop, Others
By Companies
Samsung SDI, Panasonic, LG Chem, ATL, Sony, BYD, Samsung SDI
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Ion Secondary Battery Market Report Segments:
The global Lithium Ion Secondary Battery market is segmented on the basis of:
Types
Cylindrical Batteries, Prismatic Batteries, Polymer Batteries
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
Smart phone, Tablet, Laptop, 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:
- Samsung SDI
- Panasonic
- LG Chem
- ATL
- Sony
- BYD
- Samsung SDI
Highlights of The Lithium Ion Secondary 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:
- Cylindrical Batteries
- Prismatic Batteries
- Polymer Batteries
- By Application:
- Smart phone
- Tablet
- Laptop
- 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 Ion Secondary 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?
A lithium ion secondary battery is a type of rechargeable battery that uses lithium ions to store energy. These batteries are often smaller and lighter than traditional lead acid or nickel-cadmium batteries, making them more portable and easier to use.
Some of the key players operating in the lithium ion secondary battery market are Samsung SDI, Panasonic, LG Chem, ATL, Sony, BYD, Samsung SDI.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium Ion Secondary 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 Lithium Ion Secondary Battery Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lithium Ion Secondary 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 Lithium Ion Secondary 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 Lithium Ion Secondary Battery Market Size & Forecast, 2018-2028 4.5.1 Lithium Ion Secondary Battery Market Size and Y-o-Y Growth 4.5.2 Lithium Ion Secondary Battery Market Absolute $ Opportunity
Chapter 5 Global Lithium Ion Secondary 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 Lithium Ion Secondary Battery Market Size Forecast by Type
5.2.1 Cylindrical Batteries
5.2.2 Prismatic Batteries
5.2.3 Polymer Batteries
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lithium Ion Secondary 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 Lithium Ion Secondary Battery Market Size Forecast by Applications
6.2.1 Smart phone
6.2.2 Tablet
6.2.3 Laptop
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium Ion Secondary 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 Lithium Ion Secondary 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 Lithium Ion Secondary Battery Analysis and Forecast
9.1 Introduction
9.2 North America Lithium Ion Secondary 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 Lithium Ion Secondary Battery Market Size Forecast by Type
9.6.1 Cylindrical Batteries
9.6.2 Prismatic Batteries
9.6.3 Polymer Batteries
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 Ion Secondary Battery Market Size Forecast by Applications
9.10.1 Smart phone
9.10.2 Tablet
9.10.3 Laptop
9.10.4 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 Lithium Ion Secondary Battery Analysis and Forecast
10.1 Introduction
10.2 Europe Lithium Ion Secondary 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 Lithium Ion Secondary Battery Market Size Forecast by Type
10.6.1 Cylindrical Batteries
10.6.2 Prismatic Batteries
10.6.3 Polymer Batteries
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 Ion Secondary Battery Market Size Forecast by Applications
10.10.1 Smart phone
10.10.2 Tablet
10.10.3 Laptop
10.10.4 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 Lithium Ion Secondary Battery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithium Ion Secondary 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 Lithium Ion Secondary Battery Market Size Forecast by Type
11.6.1 Cylindrical Batteries
11.6.2 Prismatic Batteries
11.6.3 Polymer Batteries
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 Ion Secondary Battery Market Size Forecast by Applications
11.10.1 Smart phone
11.10.2 Tablet
11.10.3 Laptop
11.10.4 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 Lithium Ion Secondary Battery Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithium Ion Secondary 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 Lithium Ion Secondary Battery Market Size Forecast by Type
12.6.1 Cylindrical Batteries
12.6.2 Prismatic Batteries
12.6.3 Polymer Batteries
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 Ion Secondary Battery Market Size Forecast by Applications
12.10.1 Smart phone
12.10.2 Tablet
12.10.3 Laptop
12.10.4 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) Lithium Ion Secondary Battery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithium Ion Secondary 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) Lithium Ion Secondary Battery Market Size Forecast by Type
13.6.1 Cylindrical Batteries
13.6.2 Prismatic Batteries
13.6.3 Polymer Batteries
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 Ion Secondary Battery Market Size Forecast by Applications
13.10.1 Smart phone
13.10.2 Tablet
13.10.3 Laptop
13.10.4 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 Lithium Ion Secondary Battery Market: Competitive Dashboard
14.2 Global Lithium Ion Secondary Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung SDI
14.3.2 Panasonic
14.3.3 LG Chem
14.3.4 ATL
14.3.5 Sony
14.3.6 BYD
14.3.7 Samsung SDI