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 smartphones. In terms of type, the lithium-cobalt oxide battery segment is expected to dominate the market during the forecast period. However, in terms of CAGR, the lithium-titanate battery segment is expected to grow at a higher rate than other segments. In terms of application, smartphones are expected to account for a major share of the global Li-ion battery market duringthe forecast period.
Product Definition:
A lithium-ion battery (sometimes Li-ion battery) is a type of rechargeable battery in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. Li-ion batteries use an intercalated lithium compound as one electrode material, compared to the metallic lithium used in other rechargeable batteries such as nickel–cadmium, nickel–metal hydride or lead acid.
1 Lithium-Cobalt Oxide Battery:
1 lithium cobalt oxide battery, also known as LiCoO2 or Lithium Iron Phosphate, is a type of rechargeable battery that uses lithium ions and cobalt ions in an inter-electronic stable chemical reaction. It's main application is in energy storage for applications such as solar power; however it can also be used in portable electronic devices.
2 Lithium-Titanate Battery:
2 lithium-titanate (LTT) battery is a special type of rechargeable battery used in applications that require high power and short shelf life. It offers several advantages over conventional batteries such as robustness, safety, and reliability. LTT batteries are majorly used in consumer electronics such as smartphones & tablets owing to their ability to provide higher energy densities with less weight & volume.
Application Insights:
The other consumer electronics segment accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. Other consumer electronics include digital cameras, portable media players, video game consoles and computers among others. Increasing demand for Li-ion batteries across various products including smartphones, laptops and netbooks is expected to drive growth over the coming years.
The industrial application segment was valued at USD 1.5 billion in 2017 owing to rising demand from renewable energy sources such as wind turbines among others.
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 popularity of electric vehicles, and rapid development in renewable energy sector. China is estimated to dominate the Asia Pacific market owing to its large population base along with high penetration of EVs in that country.
North America was valued at USD X million in 2017 as per a CSA study on global Li-ion battery industry. This region is projected witness significant growth over the coming years due to rising product demand from end-use industries such as automotive and consumer electronics among others. Growing adoption of lithium batteries across key applications such as EVs and power tools will drive this regional market further. Moreover, presence of major players such as Panasonic Corporation; Samsung SDI Co., Ltd.; LG Chem Inc.; Amperex Technology Limited; Sony Corporation; Fujitsu General Ltd.; IBM Watson Battery Company LLC; A123Systems Inc.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% 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-sulfur batteries is expected to drive the growth of the Li-ion battery market. These new technologies are more efficient and have a longer life cycle than traditional Li-ion batteries, which will lead to an increase in their adoption.
- Growing demand from industrial applications: 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, telecommunications, 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 and growing acceptance among consumers worldwide. This is leading to an increase in investment in these sources, which will create opportunities forLi-ion battery manufacturers .
Scope Of The Report
Report Attributes
Report Details
Report Title
Li-Ion Battery Market Research Report
By Type
1 Lithium-Cobalt Oxide Battery, 2 Lithium-Titanate Battery, 3 Lithium-Iron Phosphate Battery, 4 Lithium-Nickel Manganese Cobalt Oxide Battery, 5 Lithium-Manganese Oxide Battery,
By Application
Smartphones, Laptops, Other Consumer Electronics, Industrial, Automotive, Others
By Companies
Panasonic, Samsung SDI, LG Chem, CATL, ATL, Murata, BYD, Tianjin Lishen Battery, BAK Power, Toshiba, AESC, Saft,
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
250
Number of Tables & Figures
175
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
1 Lithium-Cobalt Oxide Battery, 2 Lithium-Titanate Battery, 3 Lithium-Iron Phosphate Battery, 4 Lithium-Nickel Manganese Cobalt Oxide Battery, 5 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, Other Consumer Electronics, 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
- CATL
- ATL
- Murata
- BYD
- Tianjin Lishen Battery
- BAK Power
- Toshiba
- AESC
- Saft
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:
- 1 Lithium-Cobalt Oxide Battery
- 2 Lithium-Titanate Battery
- 3 Lithium-Iron Phosphate Battery
- 4 Lithium-Nickel Manganese Cobalt Oxide Battery
- 5 Lithium-Manganese Oxide Battery
- By Application:
- Smartphones
- Laptops
- Other Consumer Electronics
- 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
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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 lithium-ion battery is a type of rechargeable battery that uses lithium ions to store energy. These batteries are often found in electronic devices, such as smartphones and laptops, and can last for several hours or even days without needing to be recharged.
Some of the major companies in the li-ion battery market are Panasonic, Samsung SDI, LG Chem, CATL, ATL, Murata, BYD, Tianjin Lishen Battery, BAK Power, Toshiba, AESC, Saft.
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. 1 Lithium-Cobalt Oxide Battery
5.3.2. 2 Lithium-Titanate Battery
5.3.3. 3 Lithium-Iron Phosphate Battery
5.3.4. 4 Lithium-Nickel Manganese Cobalt Oxide Battery
5.3.5. 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. Other Consumer Electronics
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. Other Consumer Electronics
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. 1 Lithium-Cobalt Oxide Battery
9.7.2. 2 Lithium-Titanate Battery
9.7.3. 3 Lithium-Iron Phosphate Battery
9.7.4. 4 Lithium-Nickel Manganese Cobalt Oxide Battery
9.7.5. 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. Other Consumer Electronics
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. 1 Lithium-Cobalt Oxide Battery
10.7.2. 2 Lithium-Titanate Battery
10.7.3. 3 Lithium-Iron Phosphate Battery
10.7.4. 4 Lithium-Nickel Manganese Cobalt Oxide Battery
10.7.5. 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. Other Consumer Electronics
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. 1 Lithium-Cobalt Oxide Battery
11.7.2. 2 Lithium-Titanate Battery
11.7.3. 3 Litium-Iron Phosphate Battery
11.7.4. 4 Lithium-Nickel Manganese Cobalt Oxide Battery
11.7.5. 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. Other Consumer Electronics
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. 1 Lithium-Cobalt Oxide Battery
12.7.2. 2 Lithium-Titanate Battery
12.7.3. 3 Lithium-Iron Phosphate Battery
12.7.4. 4 Lithium-Nickel Manganese Cobalt Oxide Battery
12.7.5. 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. Other Consumer Electronics
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. 1 Lithium-Cobalt Oxide Battery
13.7.2. 2 Lithium-Titanate Battery
13.7.3. 3 Lithium-Iron Phosphate Battery
13.7.4. 4 Lithium-Nickel Manganese Cobalt Oxide Battery
13.7.5. 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. CATL
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ATL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Murata
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BYD
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tianjin Lishen Battery
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BAK Power
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toshiba
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AESC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Saft
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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
