Abstract
Summary
Lithium-Ion Battery Market Research Report Forecast to 2027
Market Forecast
Lithium-Ion battery alludes to a sort of battery-powered battery that is utilized in different businesses for different purposes. These batteries comprise an incredible life cycle with a high energy thickness. Over the last 10 years, the lithium-ion battery market has seen enormous development because of its popularity in the purchaser hardware and auto areas. As new gadgets are coming into the market and run-on versatile power sources, the lithium-ion battery has turned into an extraordinary option. The worldwide lithium-ion battery market is supposed to arrive at USD 101.26 billion by 2027 and register a CAGR of 14.5% during the conjecture time of 2021 to 2027.
Lithium-ion batteries are utilized in a great many applications from life-saving clinical gear to extravagance yachts. The absolute most normal applications of lithium-ion batteries incorporate electric portability, energy capacity frameworks, power reinforcements/ups, versatility, workstations, and other ordinarily utilized purchaser electronic products. Lithium batteries offer dependable, consistent, enduring power. In addition, lithium batteries are utilized in conjunction with sunlight-based chargers as these batteries charge rapidly, expanding the potential sun-oriented power capacity. Besides, they are the best decision for portability gear, for example, electric wheelchairs to stairlifts, as they are lightweight, offer a more drawn-out life length, quick charging, a low self-release rate, and stretched out run time when contrasted with lead-corrosive batteries.
Segment Overview
Global Lithium-Ion Battery Market is classified in terms of type, power capacity, voltage, and end user.
The Type segment includes Lithium Nickel Manganese Cobalt, Lithium Manganese Oxide, Lithium Titanate Oxide, Lithium Iron Phosphate, Lithium Cobalt Oxide, and Lithium Nickel Cobalt Aluminium Oxide. Based on Power Capacity the market is segregated among Up to 10,000 MAH-60,000 MAH, 3,000 MAH, 3,000 MAH-10,000 MAH, and Above 60,000 MAH. The Voltage segment is made up of three major categories namely Up to 12V, 12V-36V, and Above 36V.
The Global Lithium-Ion Battery Market has a wide range of End User industries such as Aerospace, Power Tools, Energy Storage, Motorcycles, Lawn and Garden, E-Bikes/Scooters, Small EVs (Golf carts, Forklifts, delivery vehicles), Mobility / Recreational, Marine, and Drone.
Regional Analysis
The North American lithium-ion battery market arrived at a worth of USD 9.78 Billion in 2020 and the market is supposed to develop at a CAGR of around 14.5% during 2021-2027. The region is encountering raising interest for electric and mixture vehicles that utilize lithium-ion batteries. In addition, the rising deals of purchaser gadgets in the US and Canada have likewise sped up the interest for these batteries
The lithium-Ion Battery market in the Asia Pacific region is projected to develop at the most noteworthy CAGR of 15% over the period 2021−2027. Asian nations, for example, China and Japan are among the significant markets for electric vehicles. In addition, constant advancements in the purchaser hardware and car industry have prompted an expansion in the interest of lithium-ion batteries as they offer a few benefits.
Major Players
The key players in the lithium-ion battery market are Hitachi, Ltd (Japan), Johnson Controls (Europe), Lithium Werks (Europe), Toshiba Corporation (Japan), GS Yuasa Lithium Power (Japan), Samsung SDI Co Ltd (South Korea), A123 Systems LLC (US), AESC (Automotive, Energy Supply Corporation) (Japan), BYD CO LTD (China), Sony Corporation (Japan), Panasonic Corporation (Japan), LG Chem (South Korea), Beijing Pride Power (BPP) (Japan), BAK Group (China), and Li-Tec Battery GmbH (Germany).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL LITHIUM-ION BATTERY MARKET, BY TYPE
1.1.2 GLOBAL LITHIUM-ION BATTERY MARKET, BY POWER CAPACITY
1.1.3 GLOBAL LITHIUM-ION BATTERY MARKET, BY VOLTAGE
1.1.4 GLOBAL LITHIUM-ION BATTERY MARKET, BY END USER
1.1.5 GLOBAL LITHIUM-ION BATTERY MARKET, BY REGION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP DOWN & BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION
5.2 DRIVERS
5.2.1 INCREASING PENETRATION INTO LARGE APPLICATIONS
5.2.2 GROWING DEMAND FOR HIGH POWER AND HIGH CAPACITY LITHIUM-ION BATTERIES IN ELECTRIC VEHICLES
5.2.3 DRIVERS IMPACT ANALYSIS
5.3 RESTRAINTS
5.3.1 HIGH PRICE OF LITHIUM-ION BATTERIES
5.3.2 RESTRAINTS IMPACT ANALYSIS
5.4 OPPORTUNITIES
5.4.1 GROWING APPLICATIONS IN THE ENERGY SECTOR
5.5 IMPACT ANALYSIS OF COVID-19 ON LITHIUM-ION BATTERY MARKET
5.5.1 IMPACT ON OVERALL LITHIUM-ION BATTERY INDUSTRY
- 5.5.1.1 ECONOMIC IMPACT
5.5.2 IMPACT ON SUPPLY CHAIN OF LITHIUM-ION BATTERY
- 5.5.2.1 PRICE VARIATION OF KEY RAW MATERIALS/COMPONENTS
- 5.5.2.2 PRODUCTION SHUTDOWN
- 5.5.2.3 CASH FLOW CONSTRAINTS
- 5.5.2.4 IMPACT ON IMPORT/EXPORT
5.5.3 IMPACT ON MARKET DEMAND OF LITHIUM-ION BATTERY
- 5.5.3.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
- 5.5.3.2 CONSUMER SENTIMENTS
5.5.4 IMPACT ON PRICING OF LITHIUM-ION BATTERY
6 MARKET FACTOR ANALYSIS
6.1 SUPPLY/VALUE CHAIN ANALYSIS
6.1.1 DESIGN & DEVELOPMENT
6.1.2 RAW MATERIAL/ COMPONENT SUPPLY
6.1.3 MANUFACTURING & ASSEMBLY
6.1.4 SALES & DISTRIBUTION
6.1.5 END-USERS
6.2 PORTER’S FIVE FORCES MODEL
6.2.1 THREAT OF NEW ENTRANTS
6.2.2 BARGAINING POWER OF SUPPLIERS
6.2.3 BARGAINING POWER OF BUYERS
6.2.4 THREAT OF SUBSTITUTES
6.2.5 INTENSITY OF RIVALRY
7 GLOBAL LITHIUM-ION BATTERY MARKET, BY TYPE
7.1 OVERVIEW
7.2 LITHIUM NICKEL MANGANESE COBALT
7.2.1 LITHIUM NICKEL MANGANESE COBALT: MARKET ESTIMATES & FORECAST, BY REGION/COUNTRY, 2021-2027
7.3 LITHIUM IRON PHOSPHATE
7.3.1 LITHIUM IRON PHOSPHATE: MARKET ESTIMATES & FORECAST, BY REGION/COUNTRY, 2021-2027
7.4 LITHIUM COBALT OXIDE
7.4.1 LITHIUM COBALT OXIDE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
7.5 LITHIUM TITANATE OXIDE
7.5.1 LITHIUM TITANATE OXIDE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
7.6 LITHIUM MANGANESE OXIDE
7.6.1 LITHIUM MANGANESE OXIDE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
7.7 LITHIUM NICKEL COBALT ALUMINUM OXIDE
7.7.1 LITHIUM NICKEL COBALT ALUMINUM OXIDE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
8 GLOBAL LITHIUM-ION BATTERY MARKET, BY POWER CAPACITY
8.1 OVERVIEW
8.2 UP TO 3,000 MAH
8.2.1 UP TO 3,000 MAH: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
8.3 3,000 MAH-10,000 MAH
8.3.1 3,000 MAH-10,000 MAH: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
8.4 10,000 MAH-60,000 MAH
8.4.1 10,000 MAH-60,000 MAH: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
8.5 ABOVE 60,000 MAH
8.5.1 ABOVE 60,000 MAH: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
9 GLOBAL LITHIUM-ION BATTERY MARKET, BY VOLTAGE
9.1 OVERVIEW
9.2 UP TO 12V
9.2.1 UP TO 12V: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
9.3 12V-36V
9.3.1 12V-36V: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
9.4 ABOVE 36V
9.4.1 ABOVE 36V: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10 GLOBAL LITHIUM-ION BATTERY MARKET, BY END USER
10.1 OVERVIEW
10.2 AEROSPACE
10.2.1 AEROSPACE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.3 MOBILITY / RECREATIONAL
10.3.1 MOBILITY / RECREATIONAL: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.4 MARINE
10.4.1 MARINE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.5 POWER TOOLS
10.5.1 POWER TOOLS: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.6 LAWN AND GARDEN
10.6.1 LAWN AND GARDEN: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.7 E-BIKES/SCOOTERS
10.7.1 E-BIKES/SCOOTERS: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.8 SMALL EV’S (GOLF CARTS, FORKLIFTS, DELIVERY VEHICLES)
10.8.1 SMALL EV’S (GOLF CARTS, FORKLIFTS, DELIVERY VEHICLES): MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.9 ENERGY STORAGE
10.9.1 ENERGY STORAGE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.10 MOTORCYCLES
10.10.1 MOTORCYCLES: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.11 DRONE
10.11.1 DRONE: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
10.12 OTHERS
10.12.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2021-2027
11 GLOBAL LITHIUM-ION BATTERY MARKET, BY REGION
11.1 OVERVIEW
11.2 NORTH AMERICA
11.2.1 U.S
11.2.2 CANADA
11.2.3 MEXICO
11.3 EUROPE
11.3.1 GERMANY
11.3.2 FRANCE
11.3.3 U.K
11.3.4 SPAIN
11.3.5 ITALY
11.3.6 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 CHINA
11.4.2 INDIA
11.4.3 JAPAN
11.4.4 SOUTH KOREA
11.4.5 AUSTRALIA
11.4.6 REST OF ASIA PACIFIC
11.5 SOUTH AMERICA
11.5.1 BRAZIL
11.5.2 ARGENTINA
11.5.3 REST OF SOUTH AMERICA
11.6 MIDDLE EAST & AFRICA
11.6.1 SAUDI ARABIA
11.6.2 UAE
11.6.3 SOUTH AFRICA
11.6.4 REST OF MIDDLE EAST & AFRICA
12 COMPETITIVE LANDSCAPE
12.1 COMPETITIVEOVERVIEW
12.2 COMPETITIVE BENCHMARKING
12.3 MARKET SHARE ANALYSIS
12.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
12.4.1 NEW PRODUCT LAUNCH/SERVICE DEPLOYMENT
12.4.2 MERGER & ACQUISITION
12.4.3 JOINT VENTURES
13 COMPANY PROFILES
13.1 HITACHI, LTD
13.1.1 COMPANY OVERVIEW
13.1.2 FINANCIAL OVERVIEW
13.1.3 PRODUCTS OFFERINGS
13.1.4 KEY DEVELOPMENTS
13.1.5 SWOT ANALYSIS
13.1.6 KEY STRATEGIES
13.2 JOHNSON CONTROLS
13.2.1 COMPANY OVERVIEW
13.2.2 FINANCIAL OVERVIEW
13.2.3 PRODUCTS OFFERINGS
13.2.4 KEY DEVELOPMENTS
13.2.5 SWOT ANALYSIS
13.3 LITHIUM WERKS
13.3.1 COMPANY OVERVIEW
13.3.2 FINNACIAL OVERVIEW
13.3.3 PRODUCTS OFFERINGS
13.3.4 KEY DEVELOPMENTS
13.3.5 SWOT ANALYSIS
13.3.6 KEY STRATEGIES
13.4 PANASONIC CORPORATION
13.4.1 COMPANY OVERVIEW
13.4.2 FINANCIAL OVERVIEW
13.4.3 PRODUCTS OFFERINGS
13.4.4 KEY DEVELOPMENTS
13.4.5 SWOT ANALYSIS
13.4.6 KEY STRATEGIES
13.5 LG CHEM
13.5.1 COMPANY OVERVIEW
13.5.2 FINANCIAL OVERVIEW
13.5.3 PRODUCTS OFFERINGS
13.5.4 KEY DEVELOPMENTS
13.5.5 SWOT ANALYSIS
13.6 SAMSUNG SDI CO LTD
13.6.1 COMPANY OVERVIEW
13.6.2 FINANCIAL OVERVIEW
13.6.3 PRODUCTS OFFERINGS
13.6.4 KEY DEVELOPMENTS
13.6.5 SWOT ANALYSIS
13.7 TOSHIBA CORPORATION
13.7.1 COMPANY OVERVIEW
13.7.2 FINANCIAL OVERVIEW
13.7.3 PRODUCTS OFFERINGS
13.7.4 KEY DEVELOPMENTS
13.7.5 SWOT ANALYSIS
13.8 GS YUASA LITHIUM POWER
13.8.1 COMPANY OVERVIEW
13.8.2 FINANCIAL OVERVIEW
13.8.3 PRODUCTS OFFERINGS
13.8.4 KEY DEVELOPMENTS
13.8.5 SWOT ANALYSIS
13.9 BYD CO LTD
13.9.1 COMPANY OVERVIEW
13.9.2 FINANCIAL OVERVIEW
13.9.3 PRODUCTS OFFERINGS
13.9.4 KEY DEVELOPMENTS
13.9.5 SWOT ANALYSIS
13.10 SONY CORPORATION
13.10.1 COMPANY OVERVIEW
13.10.2 FINANCIAL OVERVIEW
13.10.3 PRODUCTS OFFERINGS
13.10.4 SWOT ANALYSIS
13.11 A123 SYSTEMS LLC
13.11.1 COMPANY OVERVIEW
13.11.2 PRODUCTS OFFERINGS
13.11.3 SWOT ANALYSIS
13.11.4 KEY STRATEGIES
13.12 AESC (AUTOMOTIVE ENERGY SUPPLY CORPORATION)
13.12.1 COMPANY OVERVIEW
13.12.2 PRODUCTS OFFERINGS
13.12.3 KEY DEVELOPMENTS
13.12.4 SWOT ANALYSIS
13.13 BEIJING PRIDE POWER (BPP)
13.13.1 COMPANY OVERVIEW
13.13.2 SWOT ANALYSIS
13.14 BAK GROUP
13.14.1 COMPANY OVERVIEW
13.14.2 SWOT ANALYSIS
13.15 LI-TEC BATTERY GMBH
13.15.1 COMPANY OVERVIEW
13.15.2 SWOT ANALYSIS
14 APPENDIX
14.1 REFERENCES
14.2 RELATED REPORTS