Market Overview:
The global rechargeable lithium ion batteries 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 portable electronic devices. Additionally, the growing demand for renewable energy sources is also contributing to the growth of this market. The global rechargeable lithium ion batteries market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into cylindrical battery and prismatic battery. The cylindrical battery segment is expected to hold a major share in this market owing to its high capacity and low weight ratio as compared to other types of batteries. On the basis of application, it can be classified into electronic devices, automobiles, medical devices, military & national defense applications, textiles industry applications such as airbags & parachutes etc., aeronautics & astronautics industry applications such as satellites etc., industrial equipment such as forklifts etc., energy storage systems such as smart grids etc., and other applications including toys & hobbies etc.
Product Definition:
Rechargeable lithium ion batteries are a type of rechargeable battery that uses lithium ions to store energy. 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 use in portable devices such as smartphones and laptops. Rechargeable lithium ion batteries also have a long lifespan, making them an economical choice for devices that need to be used frequently.
Cylindrical Battery:
Cylindrical battery is a type of rechargeable lithium-ion battery, which is made up of multiple cells wound in a cylinder shape. Cylindrical batteries are used in applications where compact size and high power density are important factors. Some major areas where cylindrical batteries find application include consumer electronics, electric & hybrid cars, medical devices and equipment among others.
Prismatic Battery:
Prismatic battery is a type of lithium-ion battery with three or more electrodes, which are formed into a grid. Each electrode can be made of materials such as graphite, metal oxides such as cobalt oxide and lithium cobalt oxide (LCO), or liquid electrolytes. The overall structure allows for higher power output and provides an increased surface area for chemical reactions that enable the production of more energy in a shorter period than conventional batteries.
Application Insights:
The electronic application segment accounted for the largest revenue share of over 50% in 2017. The growing demand for lithium ion batteries in various electronic devices, such as smartphones, laptops, and cameras is expected to drive the global market growth over the forecast period.
The automobile sector is one of the major consumers of these batteries due to their usage in a variety of applications including infotainment systems and electric power steering. Increasing disposable income levels coupled with rising per capita income has led to an increase in automotive sales across developing countries which is expected to have a positive impact on industry growth during the forecast period. Increasing investments by governments across various regions are also likely to contribute towards industry expansion during future years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing disposable income, growing population, and rising demand for consumer electronics across emerging economies such as China and India. In addition, supportive government policies are likely to boost industry expansion in countries including Japan and South Korea over the coming years.
The Latin American market is also anticipated to witness significant growth during the same period owing to increasing investments by global players in this region for expanding their business operations due to presence of a large customer base with high purchasing power. For instance, LG Chem announced its plan of investing USD X million by 2020 in order that it can meet growing demand from customers globally; particularly from Latin America where prices are lower than other regions as a result of economic stability prevalent within this region since decades now (Hernandez et al., 2017). Increasing use of rechargable batteries across various applications will further drive regional market expansion over next eight years (2018 - 2030).
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 demand for rechargeable lithium ion batteries, as they are used in most electric vehicles.
- Development of new applications: Rechargeable lithium ion batteries are finding new applications in industries such as healthcare and energy storage. This is expected to drive the growth of the market during the forecast period.
- Growing popularity of portable devices: Portable devices such as smartphones and tablets are becoming increasingly popular, which is driving demand for rechargeable lithium ion batteries.
- Rising investment in R&D: There has been a significant rise in investment by battery manufacturers in R&D activities aimed at developing better and more efficient rechargeable lithium ion batteries. This is likely to result in increased competition and innovation within the market, leading to its growth over the forecast period . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Rechargeable Lithium Ion Batteries Market Research Report
By Type
Cylindrical Battery, Prismatic Battery
By Application
Electronic, Automobile, Medical, Military and National Defense, Textile, Aeronautics and Astronautics, Industrial, Energy, Other
By Companies
Sony, Panasonic (Sanyo), Nikon, Fujifilm, Olympus, Motorola, Honcell Energy, Kodak, Maxell, YOK Energy, BAK Group, BYD Company, LG Chem, Samsung, GS Yuasa, Hitachi, Johnson Controls, Saft Groupe S.A, Toshiba Corporation, A123 Systems, Valence Technology
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 Rechargeable Lithium Ion Batteries Market Report Segments:
The global Rechargeable Lithium Ion Batteries market is segmented on the basis of:
Types
Cylindrical Battery, Prismatic 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
Electronic, Automobile, Medical, Military and National Defense, Textile, Aeronautics and Astronautics, Industrial, Energy, Other
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:
- Sony
- Panasonic (Sanyo)
- Nikon
- Fujifilm
- Olympus
- Motorola
- Honcell Energy
- Kodak
- Maxell
- YOK Energy
- BAK Group
- BYD Company
- LG Chem
- Samsung
- GS Yuasa
- Hitachi
- Johnson Controls
- Saft Groupe S.A
- Toshiba Corporation
- A123 Systems
- Valence Technology
Highlights of The Rechargeable Lithium Ion Batteries 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 Battery
- Prismatic Battery
- By Application:
- Electronic
- Automobile
- Medical
- Military and National Defense
- Textile
- Aeronautics and Astronautics
- Industrial
- Energy
- Other
- 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 Rechargeable Lithium Ion Batteries 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.
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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?
Rechargeable lithium ion batteries are a type of battery that can be recharged by being plugged into an electrical outlet. These batteries are often used in electronic devices, such as cell phones and laptops, because they have a longer life than other types of batteries.
Some of the major companies in the rechargeable lithium ion batteries market are Sony, Panasonic (Sanyo), Nikon, Fujifilm, Olympus, Motorola, Honcell Energy, Kodak, Maxell, YOK Energy, BAK Group, BYD Company, LG Chem, Samsung, GS Yuasa, Hitachi, Johnson Controls, Saft Groupe S.A, Toshiba Corporation, A123 Systems, Valence Technology.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rechargeable Lithium Ion Batteries 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. Rechargeable Lithium Ion Batteries Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rechargeable Lithium Ion Batteries Market - Supply Chain
4.5. Global Rechargeable Lithium Ion Batteries Market Forecast
4.5.1. Rechargeable Lithium Ion Batteries Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rechargeable Lithium Ion Batteries Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rechargeable Lithium Ion Batteries Market Absolute $ Opportunity
5. Global Rechargeable Lithium Ion Batteries 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. Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Type
5.3.1. Cylindrical Battery
5.3.2. Prismatic Battery
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rechargeable Lithium Ion Batteries 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. Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Application
6.3.1. Electronic
6.3.2. Automobile
6.3.3. Medical
6.3.4. Military and National Defense
6.3.5. Textile
6.3.6. Aeronautics and Astronautics
6.3.7. Industrial
6.3.8. Energy
6.3.9. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rechargeable Lithium Ion Batteries 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. Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries 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. Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries Demand Share Forecast, 2019-2026
9. North America Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Application
9.4.1. Electronic
9.4.2. Automobile
9.4.3. Medical
9.4.4. Military and National Defense
9.4.5. Textile
9.4.6. Aeronautics and Astronautics
9.4.7. Industrial
9.4.8. Energy
9.4.9. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Type
9.7.1. Cylindrical Battery
9.7.2. Prismatic 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 Rechargeable Lithium Ion Batteries Demand Share Forecast, 2019-2026
10. Latin America Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Application
10.4.1. Electronic
10.4.2. Automobile
10.4.3. Medical
10.4.4. Military and National Defense
10.4.5. Textile
10.4.6. Aeronautics and Astronautics
10.4.7. Industrial
10.4.8. Energy
10.4.9. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Type
10.7.1. Cylindrical Battery
10.7.2. Prismatic 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 Rechargeable Lithium Ion Batteries Demand Share Forecast, 2019-2026
11. Europe Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Application
11.4.1. Electronic
11.4.2. Automobile
11.4.3. Medical
11.4.4. Military and National Defense
11.4.5. Textile
11.4.6. Aeronautics and Astronautics
11.4.7. Industrial
11.4.8. Energy
11.4.9. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y rowth Projections by Application
11.7. Europe Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Type
11.7.1. Cylindrical Battery
11.7.2. Prismatic 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 Rechargeable Lithium Ion Batteries Demand Share, 2019-2026
12. Asia Pacific Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Application
12.4.1. Electronic
12.4.2. Automobile
12.4.3. Medical
12.4.4. Military and National Defense
12.4.5. Textile
12.4.6. Aeronautics and Astronautics
12.4.7. Industrial
12.4.8. Energy
12.4.9. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Type
12.7.1. Cylindrical Battery
12.7.2. Prismatic 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 Rechargeable Lithium Ion Batteries Demand Share, 2019-2026
13. Middle East & Africa Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries 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 Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Application
13.4.1. Electronic
13.4.2. Automobile
13.4.3. Medical
13.4.4. Military and National Defense
13.4.5. Textile
13.4.6. Aeronautics and Astronautics
13.4.7. Industrial
13.4.8. Energy
13.4.9. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rechargeable Lithium Ion Batteries Market Size and Volume Forecast by Type
13.7.1. Cylindrical Battery
13.7.2. Prismatic 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 Rechargeable Lithium Ion Batteries Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rechargeable Lithium Ion Batteries Market: Market Share Analysis
14.2. Rechargeable Lithium Ion Batteries Distributors and Customers
14.3. Rechargeable Lithium Ion Batteries Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sony
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Panasonic (Sanyo)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nikon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fujifilm
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Olympus
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Motorola
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Honcell Energy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kodak
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Maxell
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. YOK Energy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BAK Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BYD Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. LG Chem
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Samsung
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. GS Yuasa
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hitachi
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Johnson Controls
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Saft Groupe S.A
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Toshiba Corporation
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. A123 Systems
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook