Market Overview:
The global Li ion battery 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 rising demand for smart devices. Lithium-ion batteries are used in a wide range of applications such as smartphones, laptops, tablets, industrial equipment, automotive and others. Asia Pacific is expected to be the fastest growing region during the forecast period owing to the increasing demand for electric vehicles and smart devices in countries such as China and India.
Product Definition:
A Li ion battery is a rechargeable battery that uses lithium ions to move between the anode and cathode. They are important because they have a high energy density, meaning they can store a lot of energy in a small space, and they are also lightweight. This makes them ideal for portable devices like cell phones and laptops.
Lithium-Cobalt Oxide Battery:
Lithium-cobalt oxide battery (LCO) is a rechargeable, high power battery that uses lithium cobalt oxide as the cathode and carbon as the anode. Lithium-cobalt oxide batteries are used in applications where high current density is required. These batteries find their usage in electric & hybrid vehicles, portable tools, medical equipment and more.
Lithium-Titanate Battery:
Lithium-titanate (Nanomaterial) is a material that has hexagonal crystalline structure. It is also known as lithium titanate or LiTiO3. It exhibits superior properties such as high thermal stability, excellent mechanical strength, and high energy density than conventional batteries having cubic crystal structure.
Application Insights:
The smartphones application segment led the global Li Ion battery market in 2017. The segment is also expected to witness the highest CAGR over the forecast period. This can be attributed to increasing use of portable devices, especially in developing countries like India and China. Furthermore, growing demand for smart devices is further anticipated to boost industry growth over the coming years.
The laptops application segment accounted for a significant share of 21% in 2017 and is expected to grow at a steady rate over the forecast period owing to high energy density of these batteries which makes them suitable for long hours of usage without having recharge cycles frequently enough as compared with smartphones batteries.
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 laptops and smartphones, growing penetration of electric vehicles, and rapid development in renewable energy infrastructure. China dominated the Asia Pacific regional market in 2017 owing to high production as well as consumption of batteries. In addition, rising disposable income coupled with a large population base will boost product demand further over the next eight years.
North America was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 due its technological advancements along with increased focus on developing green technology solutions for sustainable energy storage systems across industries such as automotive, telecom sector among others will drive industry growth over next eight years.
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 to power electric vehicles.
- Development of advanced battery technologies: The development of advanced battery technologies such as solid state and lithium air batteries is expected to drive the growth of the Li-ion battery market. These new technologies are expected to offer better performance and longer life cycle than traditional Li-ion batteries.
- Growing demand from industrial sector: The industrial sector is one of the key adopters of Li-ion batteries due to their high energy density and long life cycle. They are being increasingly used in applications such as grid storage, backup power systems, and uninterruptible power supplies (UPS).
- Rising investment in renewable energy sources: Renewable energy sources such as solar and wind are becoming increasingly popular due to their low environmental impact compared with traditional sources like coal and oil .This is driving investments in these sectors, which is likely to result in an increase in demand forLi ion Battery market over the forecast period . 5) Emerging markets offer potential growth opportunities: Emerging markets such as China, India, Brazil, Mexico etc offer potential growth opportunities fortheLi ion Batterymarketdue tobusinessfriendly policiesand growing consumer awareness about environment friendly products
Scope Of The Report
Report Attributes
Report Details
Report Title
Li Ion Battery Market Research Report
By Type
Lithium-Cobalt Oxide Battery, Lithium-Titanate Battery, Lithium-Iron Phosphate Battery, Lithium-Nickel Manganese Cobalt Oxide Battery, Lithium-Manganese Oxide Battery
By Application
Smartphones, Laptops, Tablets, Industrial, Automotive, Others
By Companies
Panasonic, Samsung SDI, LG Chem, Sony Energy Devices, Maxwell Technologies, Toshiba, Saft, BYD Company Limited, Amperex Technology Limited, CATL, Valence Technology, Kolam, Leclanche, Electrovaya, Tianjin Lishen Battery, Shenzhen BAK Battery, AESC
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Li Ion Battery Market Report Segments:
The global Li Ion Battery market is segmented on the basis of:
Types
Lithium-Cobalt Oxide Battery, Lithium-Titanate Battery, Lithium-Iron Phosphate Battery, Lithium-Nickel Manganese Cobalt Oxide Battery, Lithium-Manganese Oxide 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
Smartphones, Laptops, Tablets, Industrial, Automotive, 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:
- Panasonic
- Samsung SDI
- LG Chem
- Sony Energy Devices
- Maxwell Technologies
- Toshiba
- Saft
- BYD Company Limited
- Amperex Technology Limited
- CATL
- Valence Technology
- Kolam
- Leclanche
- Electrovaya
- Tianjin Lishen Battery
- Shenzhen BAK Battery
- AESC
Highlights of The Li Ion 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:
- Lithium-Cobalt Oxide Battery
- Lithium-Titanate Battery
- Lithium-Iron Phosphate Battery
- Lithium-Nickel Manganese Cobalt Oxide Battery
- Lithium-Manganese Oxide Battery
- By Application:
- Smartphones
- Laptops
- Tablets
- Industrial
- Automotive
- 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 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
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- Product & Brand Management
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- 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 Li Ion battery is a type of rechargeable battery that uses lithium ions to store energy. Li Ion batteries are popular because they have a high capacity and can be recharged quickly.
Some of the major companies in the li ion battery market are Panasonic, Samsung SDI, LG Chem, Sony Energy Devices, Maxwell Technologies, Toshiba, Saft, BYD Company Limited, Amperex Technology Limited, CATL, Valence Technology, Kolam, Leclanche, Electrovaya, Tianjin Lishen Battery, Shenzhen BAK Battery, AESC.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Li Ion Battery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Li Ion Battery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Li Ion Battery Market - Supply Chain
4.5. Global Li Ion Battery Market Forecast
4.5.1. Li Ion Battery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Li Ion Battery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Li Ion Battery Market Absolute $ Opportunity
5. Global Li Ion Battery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Li Ion Battery Market Size and Volume Forecast by Type
5.3.1. Lithium-Cobalt Oxide Battery
5.3.2. Lithium-Titanate Battery
5.3.3. Lithium-Iron Phosphate Battery
5.3.4. Lithium-Nickel Manganese Cobalt Oxide Battery
5.3.5. Lithium-Manganese Oxide Battery
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Li Ion Battery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Li Ion Battery Market Size and Volume Forecast by Application
6.3.1. Smartphones
6.3.2. Laptops
6.3.3. Tablets
6.3.4. Industrial
6.3.5. Automotive
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Li Ion Battery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Li Ion Battery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Li Ion Battery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Li Ion Battery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Li Ion Battery Demand Share Forecast, 2019-2026
9. North America Li Ion Battery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Li Ion Battery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Li Ion Battery Market Size and Volume Forecast by Application
9.4.1. Smartphones
9.4.2. Laptops
9.4.3. Tablets
9.4.4. Industrial
9.4.5. Automotive
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Li Ion Battery Market Size and Volume Forecast by Type
9.7.1. Lithium-Cobalt Oxide Battery
9.7.2. Lithium-Titanate Battery
9.7.3. Lithium-Iron Phosphate Battery
9.7.4. Lithium-Nickel Manganese Cobalt Oxide Battery
9.7.5. Lithium-Manganese Oxide Battery
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Li Ion Battery Demand Share Forecast, 2019-2026
10. Latin America Li Ion Battery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Li Ion Battery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Li Ion Battery Market Size and Volume Forecast by Application
10.4.1. Smartphones
10.4.2. Laptops
10.4.3. Tablets
10.4.4. Industrial
10.4.5. Automotive
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Li Ion Battery Market Size and Volume Forecast by Type
10.7.1. Lithium-Cobalt Oxide Battery
10.7.2. Lithium-Titanate Battery
10.7.3. Lithium-Iron Phosphate Battery
10.7.4. Lithium-Nickel Manganese Cobalt Oxide Battery
10.7.5. Lithium-Manganese Oxide Battery
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Li Ion Battery Demand Share Forecast, 2019-2026
11. Europe Li Ion Battery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Li Ion Battery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Li Ion Battery Market Size and Volume Forecast by Application
11.4.1. Smartphones
11.4.2. Laptops
11.4.3. Tablets
11.4.4. Industrial
11.4.5. Automotive
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Li Ion Battery Market Size and Volume Forecast by Type
11.7.1. Lithium-Cobalt Oxide Battery
11.7.2. Lithium-Titanate Battery
11.7.3. Lithium-Iron Phosphate Battery
11.7.4. Lithium-Nickel Manganese obalt Oxide Battery
11.7.5. Lithium-Manganese Oxide Battery
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Li Ion Battery Demand Share, 2019-2026
12. Asia Pacific Li Ion Battery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Li Ion Battery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Li Ion Battery Market Size and Volume Forecast by Application
12.4.1. Smartphones
12.4.2. Laptops
12.4.3. Tablets
12.4.4. Industrial
12.4.5. Automotive
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Li Ion Battery Market Size and Volume Forecast by Type
12.7.1. Lithium-Cobalt Oxide Battery
12.7.2. Lithium-Titanate Battery
12.7.3. Lithium-Iron Phosphate Battery
12.7.4. Lithium-Nickel Manganese Cobalt Oxide Battery
12.7.5. Lithium-Manganese Oxide Battery
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Li Ion Battery Demand Share, 2019-2026
13. Middle East & Africa Li Ion Battery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Li Ion Battery Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Li Ion Battery Market Size and Volume Forecast by Application
13.4.1. Smartphones
13.4.2. Laptops
13.4.3. Tablets
13.4.4. Industrial
13.4.5. Automotive
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Li Ion Battery Market Size and Volume Forecast by Type
13.7.1. Lithium-Cobalt Oxide Battery
13.7.2. Lithium-Titanate Battery
13.7.3. Lithium-Iron Phosphate Battery
13.7.4. Lithium-Nickel Manganese Cobalt Oxide Battery
13.7.5. Lithium-Manganese Oxide Battery
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Li Ion Battery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Li Ion Battery Market: Market Share Analysis
14.2. Li Ion Battery Distributors and Customers
14.3. Li Ion Battery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Panasonic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Samsung SDI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LG Chem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sony Energy Devices
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Maxwell Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Toshiba
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Saft
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BYD Company Limited
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Amperex Technology Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CATL
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Valence Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kolam
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Leclanche
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Electrovaya
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tianjin Lishen Battery
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shenzhen BAK Battery
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. AESC
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
