Market Overview:
The global NMC/NCA 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 power banks. Additionally, the growing demand for cordless power tools is also contributing to the growth of this market. Some of the major players operating in this market are Panasonic (Japan), Samsung SDI (South Korea), LG Chem (South Korea), and Hitachi Chemical Company, Ltd. (Japan).
Product Definition:
nickel-cobalt-aluminum (NCA) battery: a type of lithium ion battery that uses nickel, cobalt,.
Cylindrical:
Cylindrical batteries are also known as cylindrical cells or simply cylinders. They have a simple construction, with one end (the anode) and the other end (the cathode) joined by a cylinder. The ends of the battery can be connected to two different circuits in parallel or one circuit in series to determine its capacity depending on how it is used.
Prismatic:
Prismatic is a battery technology that uses liquid electrolytes and solid polymer electrolyte interphase. It has the potential to improve cycle life, lower degradation rates, and reduce overall costs when compared to conventional lithium-ion batteries (LiB). Prismatic technology can be used in applications requiring high power or energy density such as electric vehicles (EV), grid storage systems, portable devices including smartphones & tablets.
Application Insights:
The electric vehicles segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to increasing production of EVs, such as Tesla, Nissan Leaf, Chevrolet Bolt EV and various other models by domestic and foreign automotive manufacturers. For instance, TSLA manufactured around 80% of its total battery packs at the Panasonic facility in Japan which is a key factor contributing to overall sales.
The power banks segment is projected to witness significant growth over the forecast period owing to increasing demand for portable batteries that can provide sufficient juice for smartphones and tablets on-the-go. Power banks are increasingly being used during emergencies when conventional power sources are not available such as after natural disasters or during military operations when electricity lines are cut off from the population centers.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to increasing demand for power banks, laptops, electric vehicles and other products. Increasing usage of tablets, smartphones and other electronic devices is expected to drive product sales over the forecast period. Furthermore, presence of key manufacturers such as Exide; Johnson Controls; and Odyssey in U.S., has led to high availability of batteries across various applications in North America region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income coupled with growing adoption of advanced technologies among consumers especially in developing countries such as China and India will drive industry expansion over next eight years to 2030 ending note). Moreover European region also contributed significantly towards NMC/NCA battery sales due increase consumer preference for eco-friendly products along with higher awareness regarding their harmful effects on environment (if not recycled properly).
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 28% from 2016 to 2024, according to a MarketsandMarkets research study. This will create increased demand for NMC/NCA batteries as they are used in most electric vehicles.
- Development of energy storage systems: With the increasing focus on renewable energy sources such as solar and wind power, there is an increasing need for energy storage systems that can store the excess energy and provide it when needed. NMC/NCA batteries are well-suited for this application and are expected to see significant growth in this market segment.
- Growing popularity of battery swapping: A number of companies are developing battery swapping technology as an alternative to traditional recharging methods. This is especially beneficial for electric vehicles as it allows drivers to swap drained batteries with fully charged ones in just a few minutes, eliminating the need to wait hours or even days for a battery recharge cycle.. NMC/NCA batteries are well-suited for this type of application and will see significant growth due to their high power density and fast charging capabilities .
Scope Of The Report
Report Attributes
Report Details
Report Title
NMC/NCA Battery Market Research Report
By Type
Cylindrical, Prismatic
By Application
Power Banks, Laptop Battery Packs, Electric Vehicles, Flashlights, Cordless Power Tools, Others
By Companies
Panasonic(Sanyo), Samsung SDI, LG Chem, Sony, Wanxiang Group(A123), Hitachi, Tianjin Lishen, Hefei Guoxuan, LARGE, OptimumNano, DLG Electronics, Zhuoneng New Energy, CHAM BATTERY, Padre Electronic
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global NMC/NCA Battery Market Report Segments:
The global NMC/NCA Battery market is segmented on the basis of:
Types
Cylindrical, Prismatic
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
Power Banks, Laptop Battery Packs, Electric Vehicles, Flashlights, Cordless Power Tools, 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(Sanyo)
- Samsung SDI
- LG Chem
- Sony
- Wanxiang Group(A123)
- Hitachi
- Tianjin Lishen
- Hefei Guoxuan
- LARGE
- OptimumNano
- DLG Electronics
- Zhuoneng New Energy
- CHAM BATTERY
- Padre Electronic
Highlights of The NMC/NCA 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
- Prismatic
- By Application:
- Power Banks
- Laptop Battery Packs
- Electric Vehicles
- Flashlights
- Cordless Power Tools
- 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 NMC/NCA 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?
NMC/NCA battery is a type of rechargeable lithium ion battery. It has a higher energy density than other types of batteries, making it ideal for applications that require high power and long runtime.
Some of the major players in the nmc/nca battery market are Panasonic(Sanyo), Samsung SDI, LG Chem, Sony, Wanxiang Group(A123), Hitachi, Tianjin Lishen, Hefei Guoxuan, LARGE, OptimumNano, DLG Electronics, Zhuoneng New Energy, CHAM BATTERY, Padre Electronic.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. NMC/NCA 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. NMC/NCA Battery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. NMC/NCA Battery Market - Supply Chain
4.5. Global NMC/NCA Battery Market Forecast
4.5.1. NMC/NCA Battery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. NMC/NCA Battery Market Size (000 Units) and Y-o-Y Growth
4.5.3. NMC/NCA Battery Market Absolute $ Opportunity
5. Global NMC/NCA 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. NMC/NCA Battery Market Size and Volume Forecast by Type
5.3.1. Cylindrical
5.3.2. Prismatic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global NMC/NCA 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. NMC/NCA Battery Market Size and Volume Forecast by Application
6.3.1. Power Banks
6.3.2. Laptop Battery Packs
6.3.3. Electric Vehicles
6.3.4. Flashlights
6.3.5. Cordless Power Tools
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global NMC/NCA 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. NMC/NCA 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 NMC/NCA 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. NMC/NCA 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 NMC/NCA Battery Demand Share Forecast, 2019-2026
9. North America NMC/NCA 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 NMC/NCA 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 NMC/NCA Battery Market Size and Volume Forecast by Application
9.4.1. Power Banks
9.4.2. Laptop Battery Packs
9.4.3. Electric Vehicles
9.4.4. Flashlights
9.4.5. Cordless Power Tools
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 NMC/NCA Battery Market Size and Volume Forecast by Type
9.7.1. Cylindrical
9.7.2. Prismatic
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 NMC/NCA Battery Demand Share Forecast, 2019-2026
10. Latin America NMC/NCA 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 NMC/NCA 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 NMC/NCA Battery Market Size and Volume Forecast by Application
10.4.1. Power Banks
10.4.2. Laptop Battery Packs
10.4.3. Electric Vehicles
10.4.4. Flashlights
10.4.5. Cordless Power Tools
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 NMC/NCA Battery Market Size and Volume Forecast by Type
10.7.1. Cylindrical
10.7.2. Prismatic
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 NMC/NCA Battery Demand Share Forecast, 2019-2026
11. Europe NMC/NCA 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 NMC/NCA 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 NMC/NCA Battery Market Size and Volume Forecast by Application
11.4.1. Power Banks
11.4.2. Laptop Battery Packs
11.4.3. Electric Vehicles
11.4.4. Flashlights
11.4.5. Cordless Power Tools
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 NMC/NCA Battery Market Size and Volume Forecast by Type
11.7.1. Cylindrical
11.7.2. Prismatic
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 NMC/NCA Battery Demand Share, 2019-2026
12. Asia Pacific NMC/NCA 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 NMC/NCA 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 NMC/NCA Battery Market Size and Volume Forecast by Application
12.4.1. Power Banks
12.4.2. Laptop Battery Packs
12.4.3. Electric Vehicles
12.4.4. Flashlights
12.4.5. Cordless Power Tools
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 NMC/NCA Battery Market Size and Volume Forecast by Type
12.7.1. Cylindrical
12.7.2. Prismatic
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 NMC/NCA Battery Demand Share, 2019-2026
13. Middle East & Africa NMC/NCA 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 NMC/NCA 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 NMC/NCA Battery Market Size and Volume Forecast by Application
13.4.1. Power Banks
13.4.2. Laptop Battery Packs
13.4.3. Electric Vehicles
13.4.4. Flashlights
13.4.5. Cordless Power Tools
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 NMC/NCA Battery Market Size and Volume Forecast by Type
13.7.1. Cylindrical
13.7.2. Prismatic
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 NMC/NCA Battery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global NMC/NCA Battery Market: Market Share Analysis
14.2. NMC/NCA Battery Distributors and Customers
14.3. NMC/NCA Battery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Panasonic(Sanyo)
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
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wanxiang Group(A123)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hitachi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tianjin Lishen
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hefei Guoxuan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LARGE
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. OptimumNano
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DLG Electronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhuoneng New Energy
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CHAM BATTERY
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Padre Electronic
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
