Title: Lithium Ion Battery Market worth 68.97 Billion USD by 2022
1Lithium Ion Battery Market worth 68.97 Billion
USD by 2022
2About our Report
- The increasing demand of energy-efficient, safe,
and low-cost batteries is the key factor driving
the growth of the lithium ion battery market. The
market was valued at USD 23.51 Billion in 2015
and is expected to grow at a CAGR of 16.6
between 2016 and 2022. The base year considered
for the study is 2015 and the forecast period is
between 2016 and 2022. - The objective of the report is to provide a
detailed analysis of the lithium ion battery on
the basis of type, power capacity, industry, and
geography. The report provides detailed
information regarding the major factors
influencing the growth of the market. The report
also provides a detailed overview of the value
chain in the market and analyzes the market
trends with Porters five forces. - The automobile industry in Europe is strategic
industry with the leanest production processes
and optimized use of energy for manufacturing.
Increasing market share of EV in Europe is
prominently supporting the adoption of lithium
ion batteries. Increasing funding from the
government is supporting the adoption of lithium
ion batteries in electric cars. GREENLION is a
project funded by EU for manufacturing cheaper
and dependable lithium ion batteries for electric
cars. These are some of the factors contributing
to the growth of the lithium ion battery market
in Europe.
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4Inside of Report
- Browse
- 78 market data tables
- 95 figures spread through 190 pages .
- in-depth TOC on Lithium Ion Battery Market -
Global Forecast to 2022"
- The automobile industry in Europe is strategic
industry with the leanest production processes
and optimized use of energy for manufacturing.
Increasing market share of EV in Europe is
prominently supporting the adoption of lithium
ion batteries. Increasing funding from the
government is supporting the adoption of lithium
ion batteries in electric cars. GREENLION is a
project funded by EU for manufacturing cheaper
and dependable lithium ion batteries for electric
cars. These are some of the factors contributing
to the growth of the lithium ion battery market
in Europe.
5Table of Content
1 Introduction (Page No. - 17) 1.1 Objectives
of the Study 1.2 Market Definition 1.3
Study Scope 1.3.1 Markets
Covered 1.3.2 Years Considered for the
Study 1.4 Currency and Pricing 1.5
Limitations 1.6 Stakeholders 2 Research
Methodology (Page No. - 20) 2.1 Research Data
2.1.1 Secondary and Primary
Research 15 Appendix (Page No. - 182) 15.1
Insights of Industry Experts 15.2
Discussion Guide 15.3 Knowledge Store
Marketsandmarkets Subscription Portal 15.4
Introducing RT Real-Time Market Intelligence
15.5 Available Customizations 15.6
Related Reports 15.7 Author Details
6Structured Cabling
Download Free Sample Pages - http//www.markets
andmarkets.com/pdfdownload.asp?id49714593 This
detailed market research study provides detailed
qualitative and quantitative analysis of the
Lithium Ion Battery Market. It provides a
comprehensive review of major market drivers,
restraints, opportunities,, challenges, and key
issues in the market.
7Company Coverage
- LG Chem Ltd. (South Korea)
- Panasonic Corporation (Japan)
- Samsung SDI Co., Ltd. (South Korea)
- BYD Co. Ltd. (China)
- BAK Group (China)
- A123 Systems
- LLC. (U.S.)
- GS Yuasa Corporation (Japan)
- Hitachi, Ltd. (Japan)
- Johnson Controls Inc. (U.S.)
- Saft Groupe S.A. (France)
- Toshiba Corporation (Japan)
- Valence Technology Inc. (U.S.).
8Summary
The lithium ion battery market is expected to be
valued at USD 68.97 Billion by 2022, growing at a
CAGR of 16.6 between 2016 and 2022. The growth
of this market is propelled by the increase in
demand for electric vehicle, strict government
mandates on fuel economy, growing demand for
smart devices and other consumer electronics, and
development toward enhancement of lithium ion
batteries. Lithium cobalt oxide (LCO) battery
type is expected to hold the largest share of the
overall lithium ion battery market in 2016. The
energy density of any LCO battery is very high,
and the cost of manufacturing these batteries is
fairly reasonable owing to the use of graphite
carbon and cobalt. The market for lithium nickel
manganese cobalt battery type is expected to grow
at the highest rate between 2016 and 2022. The
combination of nickel and manganese gives the
required accuracy and effectiveness. Separately,
both of them are not very effective as nickel has
high energy density but poor stability and
manganese forms a spinel structure achieving low
internal resistance but has a low energy density.
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