Market Overview:
The global power 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 rising demand for energy storage systems. In terms of type, the LiCoO2 battery segment is expected to hold the largest share in the global power lithium battery market during the forecast period. This can be attributed to its high capacity and long life cycle. In terms of application, the automotive segment is expected to hold a major share in terms of revenue in 2018 and is projected to grow at a CAGR of XX%.
Product Definition:
A lithium battery is a type of rechargeable battery that uses lithium ions as the charge carrier. Compared to other types of rechargeable batteries, such as nickel-cadmium and nickel-metal-hydride, lithium ion batteries have a higher energy density and are therefore lighter. They also have a longer cycle life and are less likely to suffer from memory effect.
Lithium ion batteries are widely used in consumer electronics devices, such as laptops and smartphones, because they offer high energy density, low weight, long cycle life and short charging time.
LiCoO2 Battery:
LiCoO2 is a type of lithium cobalt oxide battery, which is used in applications such as consumer electronics and electric vehicles. It offers several advantages over the traditional graphite-cobalt batteries including higher energy density, stable charging voltage and current, longer life span & reliability, safety & quality.
LiMn2O4 Battery:
LiMn2O4 battery is a next-generation power lithium battery with an innovative design that offers higher energy density, safety and performance. LiMn2O4 has the potential to be the highest performing solid state batteries on earth. It can deliver double the charge capacity at a lower voltage than commercialized lead acid batteries while having 10 times more thermal stability and 20 times less self-discharge.
Application Insights:
The automotive segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The growing demand for electric and hybrid vehicles is expected to drive the demand for lithium-ion batteries, thereby supporting market growth. In addition, increasing sales of smartphones has led to an increase in consumer electronics applications which are further likely to propel industry expansion over the coming years.
The aerospace & defense application segment was valued at USD 544.0 million in 2017 owing to high utilization of these batteries across military aircraft as well as UAVs (unmanned aerial vehicles).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for power lithium batteries in various applications including consumer electronics, automotive, and aerospace. Increasing production of electric vehicles in China owing to supportive government policies aimed at reducing carbon emissions coupled with growing sales of electric vehicles is also likely to boost product demand over the next eight years.
Europe accounted for a significant share of global revenue in 2017 owing to high penetration rates of lithium-ion battery packs across several industries such as medical devices, industrial machinery, and EVs. However, stringent environmental regulations by European governments regarding waste disposal are expected to hamper industry growth over the coming years. North America was estimated as being the second largest region followed by Asia Pacific based on revenue generation in 2017 due its large presence of key players along with increased adoption rate for advanced energy storage systems across several sectors such as EVS and renewable energy storage facilities using solar panels or windmills etc.
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 batteries, which are used in electric vehicles.
- Rising demand from energy storage applications: Lithium-ion batteries are increasingly being used in energy storage applications due to their high capacity and long life cycle. This is expected to drive the growth of the power lithium battery market during the forecast period.
- Growing popularity of solar and wind power: Solar and wind power are becoming increasingly popular due to their low cost and environmental benefits. This is leading to an increase in the installation of solar and wind farms, which will require large quantities of lithium-ion batteries for storage purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Lithium Battery Market Research Report
By Type
LiCoO2 Battery, LiMn2O4 Battery, LiFeCoPO4 Battery, Other
By Application
Electronics, Automotive, Aerospace & Defense, Maritime, Agricultural Application, Other
By Companies
Samsung, Panasonic, BYD, Toshiba, Contemporary Amperex Technology, Valence Technology, GS Yuasa, Boston-Power, LG Chem, Sony, HeFei GuoXuan High-Tech Power Energy, TianJin Lishen, Wanxiang Group, China Aviation Lithium Battery, OptimumNano Energy, BAK, Harbin Coslight Power, Microvast, Shandong Wina
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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Power Lithium Battery Market Report Segments:
The global Power Lithium Battery market is segmented on the basis of:
Types
LiCoO2 Battery, LiMn2O4 Battery, LiFeCoPO4 Battery, Other
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
Electronics, Automotive, Aerospace & Defense, Maritime, Agricultural Application, Other
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
- Panasonic
- BYD
- Toshiba
- Contemporary Amperex Technology
- Valence Technology
- GS Yuasa
- Boston-Power
- LG Chem
- Sony
- HeFei GuoXuan High-Tech Power Energy
- TianJin Lishen
- Wanxiang Group
- China Aviation Lithium Battery
- OptimumNano Energy
- BAK
- Harbin Coslight Power
- Microvast
- Shandong Wina
Highlights of The Power 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:
- LiCoO2 Battery
- LiMn2O4 Battery
- LiFeCoPO4 Battery
- Other
- By Application:
- Electronics
- Automotive
- Aerospace & Defense
- Maritime
- Agricultural Application
- Other
- 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 Power 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
A power lithium battery is a type of rechargeable battery that uses lithium ions to store energy. Power lithium batteries are often used in portable electronics, such as laptops and cell phones, because they have a high capacity and can be recharged quickly.
Some of the major companies in the power lithium battery market are Samsung, Panasonic, BYD, Toshiba, Contemporary Amperex Technology, Valence Technology, GS Yuasa, Boston-Power, LG Chem, Sony, HeFei GuoXuan High-Tech Power Energy, TianJin Lishen, Wanxiang Group, China Aviation Lithium Battery, OptimumNano Energy, BAK, Harbin Coslight Power, Microvast, Shandong Wina.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power 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 Power Lithium Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power 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 Power 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 Power Lithium Battery Market Size & Forecast, 2018-2028
4.5.1 Power Lithium Battery Market Size and Y-o-Y Growth
4.5.2 Power Lithium Battery Market Absolute $ Opportunity
Chapter 5 Global Power 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 Power Lithium Battery Market Size Forecast by Type
5.2.1 LiCoO2 Battery
5.2.2 LiMn2O4 Battery
5.2.3 LiFeCoPO4 Battery
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power 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 Power Lithium Battery Market Size Forecast by Applications
6.2.1 Electronics
6.2.2 Automotive
6.2.3 Aerospace & Defense
6.2.4 Maritime
6.2.5 Agricultural Application
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power 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 Power 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 Power Lithium Battery Analysis and Forecast
9.1 Introduction
9.2 North America Power 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 Power Lithium Battery Market Size Forecast by Type
9.6.1 LiCoO2 Battery
9.6.2 LiMn2O4 Battery
9.6.3 LiFeCoPO4 Battery
9.6.4 Other
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 Power Lithium Battery Market Size Forecast by Applications
9.10.1 Electronics
9.10.2 Automotive
9.10.3 Aerospace & Defense
9.10.4 Maritime
9.10.5 Agricultural Application
9.10.6 Other
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 Power Lithium Battery Analysis and Forecast
10.1 Introduction
10.2 Europe Power 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 Power Lithium Battery Market Size Forecast by Type
10.6.1 LiCoO2 Battery
10.6.2 LiMn2O4 Battery
10.6.3 LiFeCoPO4 Battery
10.6.4 Other
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 Power Lithium Battery Market Size Forecast by Applications
10.10.1 Electronics
10.10.2 Automotive
10.10.3 Aerospace & Defense
10.10.4 Maritime
10.10.5 Agricultural Application
10.10.6 Other
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 Power Lithium Battery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power 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 Power Lithium Battery Market Size Forecast by Type
11.6.1 LiCoO2 Battery
11.6.2 LiMn2O4 Battery
11.6.3 LiFeCoPO4 Battery
11.6.4 Other
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 Power Lithium Battery Market Size Forecast by Applications
11.10.1 Electronics
11.10.2 Automotive
11.10.3 Aerospace & Defense
11.10.4 Maritime
11.10.5 Agricultural Application
11.10.6 Other
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 Power Lithium Battery Analysis and Forecast
12.1 Introduction
12.2 Latin America Power 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 Power Lithium Battery Market Size Forecast by Type
12.6.1 LiCoO2 Battery
12.6.2 LiMn2O4 Battery
12.6.3 LiFeCoPO4 Battery
12.6.4 Other
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 Power Lithium Battery Market Size Forecast by Applications
12.10.1 Electronics
12.10.2 Automotive
12.10.3 Aerospace & Defense
12.10.4 Maritime
12.10.5 Agricultural Application
12.10.6 Other
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) Power Lithium Battery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power 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) Power Lithium Battery Market Size Forecast by Type
13.6.1 LiCoO2 Battery
13.6.2 LiMn2O4 Battery
13.6.3 LiFeCoPO4 Battery
13.6.4 Other
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) Power Lithium Battery Market Size Forecast by Applications
13.10.1 Electronics
13.10.2 Automotive
13.10.3 Aerospace & Defense
13.10.4 Maritime
13.10.5 Agricultural Application
13.10.6 Other
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 Power Lithium Battery Market: Competitive Dashboard
14.2 Global Power Lithium Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 Panasonic
14.3.3 BYD
14.3.4 Toshiba
14.3.5 Contemporary Amperex Technology
14.3.6 Valence Technology
14.3.7 GS Yuasa
14.3.8 Boston-Power
14.3.9 LG Chem
14.3.10 Sony
14.3.11 HeFei GuoXuan High-Tech Power Energy
14.3.12 TianJin Lishen
14.3.13 Wanxiang Group
14.3.14 China Aviation Lithium Battery
14.3.15 OptimumNano Energy
14.3.16 BAK
14.3.17 Harbin Coslight Power
14.3.18 Microvast
14.3.19 Shandong Wina
