Market Overview:
The global soft package power battery market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and hybrid vehicles. In addition, the growing demand for energy storage systems is also contributing to the growth of this market. The global soft package power battery market can be segmented on the basis of type into ternary soft pack battery and lithium iron phosphate soft pack battery. On the basis of application, this market can be segmented into passenger car and commercial vehicle. The passenger car segment is expected to account for a major share in terms of revenue in this market during the forecast period from 2018 to 2030. This segment is projected to grow at a CAGR of XX% during that period. Geographically, this market can be divided into North America, Latin America, Europe, Asia Pacific and Middle East & Africa (MEA).
Product Definition:
A soft package power battery is a type of rechargeable battery that uses a polymer electrolyte. This type of battery is often used in portable devices, such as cell phones and laptop computers.
Ternary Soft Pack Battery:
Ternary soft pack battery is a type of rechargeable battery that consists of three cells, which are connected in series. The outermost cell is used as an electrolyte and the other two cells provide energy storage. Ternary batteries have higher energy density than conventional batteries due to the use of high-quality raw materials such as lithium manganese dioxide (LMD) or lithium nickel cobalt oxide (NMC).
Lithium Iron Phosphate Soft Pack Battery:
Lithium iron phosphate (LiFePO4) soft pack battery is a new generation energy storage device, which has the potential to replace conventional batteries in the coming years. It offers several benefits over conventional ones such as high charge density, safety and stability at higher temperatures among others. The growing demand for renewable energy sources along with an increase in portable consumer electronics is expected to be one of the key drivers for this market during upcoming years.
Application Insights:
The passenger car segment held the largest share of over 60.0% in 2017. The growth is attributed to increasing demand for electric vehicles in countries such as the U.S., China, and Norway due to stringent regulations regarding vehicle emission control implemented across these regions. For instance, Norway has set a target of zero emissions by 2030 which will propel market growth during the forecast period. Also, several governments are funding and supporting R&D activities related to electric vehicles which will further boost industry expansion over the next eight years from 2018 to 2030 globally speaking.
Commercial Vehicle segment is expected to grow at a CAGR of XX% from 2018 to 2030 owing majorly on account of heavy-duty trucks being among highest emitting vehicles on earth with respect both technologically.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing exponential growth in automotive production, especially in China and India. Growing demand for passenger cars, commercial vehicles, and electric vehicles is also expected to drive industry expansion over the next seven years.
Europe accounted for a significant share of global revenue owing to high penetration of EVs across countries such as Norway, Sweden, Germany among others. Moreover, increasing government initiatives such as subsidies on EV batteries are anticipated to propel regional industry growth over the coming years.
Growth Factors:
- Increasing demand for electric vehicles
- Growing trend of miniaturization in electronic devices
- Rising disposable income of consumers in developing countries
- Proliferation of portable electronic devices
- Technological advancements in battery manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Soft Package Power Battery Market Research Report
By Type
Ternary Soft Pack Battery, Lithium Iron Phosphate Soft Pack Battery
By Application
Passenger Car, Commercial Vehicle
By Companies
LG Chem, SKI, AESE, Farasis Energy, CENAT, Soundon New Energy, CATL, Lishen Battery, Gotion High-tech, Beijing National Battery, DFD New Enegy, Wangxiang Group, Jiewei Power Industry (JEVE)
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Soft Package Power Battery Market Report Segments:
The global Soft Package Power Battery market is segmented on the basis of:
Types
Ternary Soft Pack Battery, Lithium Iron Phosphate Soft Pack Battery
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
Passenger Car, Commercial Vehicle
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:
- LG Chem
- SKI
- AESE
- Farasis Energy
- CENAT
- Soundon New Energy
- CATL
- Lishen Battery
- Gotion High-tech
- Beijing National Battery
- DFD New Enegy
- Wangxiang Group
- Jiewei Power Industry (JEVE)
Highlights of The Soft Package Power 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:
- Ternary Soft Pack Battery
- Lithium Iron Phosphate Soft Pack Battery
- By Application:
- Passenger Car
- Commercial Vehicle
- 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 Soft Package Power 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 soft package power battery is a type of rechargeable battery that uses a softer, more pliable material to protect the cells and electrodes. This makes the battery more resistant to damage from impact or compression, which can prolong its life.
Some of the major players in the soft package power battery market are LG Chem, SKI, AESE, Farasis Energy, CENAT, Soundon New Energy, CATL, Lishen Battery, Gotion High-tech, Beijing National Battery, DFD New Enegy, Wangxiang Group, Jiewei Power Industry (JEVE).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Soft Package Power 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 Soft Package Power Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Soft Package Power 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 Soft Package Power 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 Soft Package Power Battery Market Size & Forecast, 2020-2028
4.5.1 Soft Package Power Battery Market Size and Y-o-Y Growth
4.5.2 Soft Package Power Battery 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 Ternary Soft Pack Battery
5.2.2 Lithium Iron Phosphate Soft Pack Battery
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 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Soft Package Power 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 Soft Package Power 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 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 Ternary Soft Pack Battery
9.6.2 Lithium Iron Phosphate Soft Pack Battery
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 Passenger Car
9.10.2 Commercial Vehicle
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 Ternary Soft Pack Battery
10.6.2 Lithium Iron Phosphate Soft Pack Battery
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 Passenger Car
10.10.2 Commercial Vehicle
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 Ternary Soft Pack Battery
11.6.2 Lithium Iron Phosphate Soft Pack Battery
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 Passenger Car
11.10.2 Commercial Vehicle
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 Ternary Soft Pack Battery
12.6.2 Lithium Iron Phosphate Soft Pack Battery
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 Passenger Car
12.10.2 Commercial Vehicle
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 Ternary Soft Pack Battery
13.6.2 Lithium Iron Phosphate Soft Pack Battery
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 Passenger Car
13.10.2 Commercial Vehicle
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 Soft Package Power Battery Market: Competitive Dashboard
14.2 Global Soft Package Power Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LG Chem
14.3.2 SKI
14.3.3 AESE
14.3.4 Farasis Energy
14.3.5 CENAT
14.3.6 Soundon New Energy
14.3.7 CATL
14.3.8 Lishen Battery
14.3.9 Gotion High-tech
14.3.10 Beijing National Battery
14.3.11 DFD New Enegy
14.3.12 Wangxiang Group
14.3.13 Jiewei Power Industry (JEVE)
