Market Overview:
The global prismatic cell 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 battery packs. Additionally, the growing demand for power banks and cordless power tools is also contributing to the growth of this market. The LiCoO2 battery segment is expected to hold the largest share of the global prismatic cell market during the forecast period. This segment is mainly driven by its high capacity and energy density as compared to other types of batteries available in this market. The NMC/NCA battery segment is projected to be fastest-growing during the forecast period, owing to its high efficiency and low cost as compared with other types of batteries available in this market.
Product Definition:
A prismatic cell is a type of electrochemical cell that uses a prismatic or cylindrical battery as its energy source. These cells are usually used in applications where high power and energy density are required, such as in electric vehicles.
LiCoO2 Battery:
LiCoO2 is a lithium cobalt oxide battery, which is used in applications such as consumer electronics and electric vehicles. It offers high-energy density solutions for end-use markets that require compact size products. The key driver of LiCoO2 batteries includes its low self-heating rate, long life span & cycle number, and high charge acceptance capacity.
NMC/NCA Battery:
NMC/NCA battery is a rechargeable zinc-carbon battery used in the electronic devices such as clocks, radios, remote controls and other consumer electronics. The size of an NMC/NCA cell is 0.78mm2 and their typical capacity is 1.5V; however they can be manufactured to have higher capacities as well as lower ones depending upon the application requirements.
Application Insights:
The electric vehicles segment held the largest market share in 2017. Prismatic cells are used for various applications in electric vehicles such as battery packs, power banks and laptops. The laptop battery packs segment is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as healthcare, hospitality and education among others.
The power banks application is also anticipated to witness considerable growth over the forecast period due to rapid industrialization along with urbanization which has resulted in an increased need for electricity across developing countries of Asia Pacific and Latin America among others. Power Banks provide portable electricity that can be used during emergencies or disasters when normal electrical systems fail or cannot operate anymore (e.g., after a earthquake).
Regional Analysis:
North America is expected to be the largest market for prismatic cells with a revenue share of over 30% in 2017. The region has been witnessing increasing demand from end-use industries such as consumer electronics, automotive, medical devices and others. This growth can be attributed to the presence of major industry players such as Exide, Johnson Controls and Odyssey who have been consistently innovating products with high energy density along with lightweight features that meet customer needs efficiently and profitably.
Asia Pacific is projected to witness significant growth over the forecast period owing to rising product demand from key end-use markets including electric vehicles (EVs), power tools & equipment, portable & mobile electronics among others.
Growth Factors:
- Increasing demand for energy storage systems: The global market for energy storage is expected to grow from billion in 2016 to billion by 2025, according to a MarketsandMarkets research study. This growth is being driven by the need to store renewable energy and reduce greenhouse gas emissions.
- Rapid deployment of smart grids: Smart grids are helping utilities manage intermittent renewable energy sources and improve grid reliability and efficiency. As more utilities deploy smart grids, the market for prismatic cells will grow.
- Increased use of electric vehicles: Electric vehicles are becoming increasingly popular as awareness of their environmental benefits grows. As more people switch to electric vehicles, the demand for prismatic cells will increase, since these cells are well-suited for use in EVs due to their high power density and long life span..
Scope Of The Report
Report Attributes
Report Details
Report Title
Prismatic Cell Market Research Report
By Type
LiCoO2 Battery, NMC/NCA Battery, LiFePO4 Battery, Others
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Prismatic Cell Market Report Segments:
The global Prismatic Cell market is segmented on the basis of:
Types
LiCoO2 Battery, NMC/NCA Battery, LiFePO4 Battery, Others
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 Prismatic Cell 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
- NMC/NCA Battery
- LiFePO4 Battery
- Others
- 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 Prismatic Cell 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?
Prismatic Cell is a new type of battery that can be used in electric vehicles. It has the ability to store more energy than other batteries, and it can be charged quickly.
Some of the major players in the prismatic cell 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. Prismatic Cell 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. Prismatic Cell Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Prismatic Cell Market - Supply Chain
4.5. Global Prismatic Cell Market Forecast
4.5.1. Prismatic Cell Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Prismatic Cell Market Size (000 Units) and Y-o-Y Growth
4.5.3. Prismatic Cell Market Absolute $ Opportunity
5. Global Prismatic Cell 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. Prismatic Cell Market Size and Volume Forecast by Type
5.3.1. LiCoO2 Battery
5.3.2. NMC/NCA Battery
5.3.3. LiFePO4 Battery
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Prismatic Cell 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. Prismatic Cell 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 Prismatic Cell 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. Prismatic Cell 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 Prismatic Cell 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. Prismatic Cell 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 Prismatic Cell Demand Share Forecast, 2019-2026
9. North America Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell Market Size and Volume Forecast by Type
9.7.1. LiCoO2 Battery
9.7.2. NMC/NCA Battery
9.7.3. LiFePO4 Battery
9.7.4. Others
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 Prismatic Cell Demand Share Forecast, 2019-2026
10. Latin America Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell Market Size and Volume Forecast by Type
10.7.1. LiCoO2 Battery
10.7.2. NMC/NCA Battery
10.7.3. LiFePO4 Battery
10.7.4. Others
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 Prismatic Cell Demand Share Forecast, 2019-2026
11. Europe Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell Market Size and Volume Forecast by Type
11.7.1. LiCoO2 Battery
11.7.2. NMC/NCA Battery
11.7.3. LiFePO4 Battery
11.7.4. Others
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 Prismatic Cell Demand Share, 2019-2026
12. Asia Pacific Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell Market Size and Volume Forecast by Type
12.7.1. LiCoO2 Battery
12.7.2. NMC/NCA Battery
12.7.3. LiFePO4 Battery
12.7.4. Others
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 Prismatic Cell Demand Share, 2019-2026
13. Middle East & Africa Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell 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 Prismatic Cell Market Size and Volume Forecast by Type
13.7.1. LiCoO2 Battery
13.7.2. NMC/NCA Battery
13.7.3. LiFePO4 Battery
13.7.4. Others
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 Prismatic Cell Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Prismatic Cell Market: Market Share Analysis
14.2. Prismatic Cell Distributors and Customers
14.3. Prismatic Cell 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
