Title: Lithium Ion Battery Market is Expected to Register a Considerable Growth by 2025
1Presents a Research Report on Lithium Ion
Battery Market
The report on the Global Lithium Ion Battery
Market is segmented By Material Type (Lithium
Nickel Manganese Cobalt Oxide, Lithium Iron
Phosphate, Lithium Cobalt Oxide, Lithium Titanate
Oxide, Lithium Manganese Oxide, and Lithium
Nickel Cobalt Aluminum Oxide), by Product
Type (Cell, Battery Pack), by Voltage Type (Low
(Below 12V) Medium (12-36V) and High (Above
36V)), by Power Capacity Type (0 to 3,000 MAH
3,000 to 10,000 MAH 10,000 to 60,000 MAH and
Above 60,000 MAH), by Industry Type (Consumer
Electronics, Automotive, Aerospace Defense,
Marine, Medical, Industrial, Power, and
Telecommunication), and by Region (North America,
Europe, Asia-Pacific, and Rest of the World).
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2The Lithium Ion Battery Market Highlights
Drivers
- Lithium-ion battery market is likely to witness
an impressive CAGR of 16.1 during the forecast
period. - The major demand for lithium-ion batteries is
mainly driven by the increasing demand for
consumer electronic products, which is bolstering
the growth of the market. - A lithium-ion battery is abbreviated as LIB.
- It is a type of rechargeable battery. Such
batteries have utility in portable electronics
and electric vehicles. - They have a growing demand as they are used in
plug-in devices.
- Market Insight
- By Lithium-Ion Battery Market Share By Material
Type - Based on the material type, the market is
segmented as lithium nickel manganese cobalt
oxide, lithium iron phosphate, lithium cobalt
oxide, lithium titanate oxide, lithium manganese
oxide, and lithium nickel cobalt aluminum oxide. - The lithium nickel manganese cobalt oxide segment
held the largest share of the market in 2019, and
is expected to remain dominant during the
forecast period. - The higher share of the segment is attributed to
the growing demand for lithium nickel manganese
cobalt oxide used in batteries of mobile phones,
laptops, automotive, tablets, power tools, and
electrical storage systems.
3Market Insight Competitive Insights
- By Lithium-Ion Battery Market Share By Voltage
Type - Based on the voltage type, the market is
segmented as low (below 12V) medium (12-36V)
and high (above 36V). - The high (above 36V) segment is estimated to
remain the largest segment over the forecast
period, owing to properties such as longer life
and safety. - Also, the largest contribution is attributed to
the rising requirement for this voltage type in
marine, electric vehicles, military, power,
telecom, etc. - Lithium-Ion Battery Market Share By Power
Capacity Type - Based on the power capacity type, the market is
segmented as 0 to 3,000 MAH 3,000 to 10,000 MAH
10,000 to 60,000 MAH and above 60,000 MAH. - The 3,000 to 10,000 MAH segment contributed for
the highest share in 2019, owing to growing need
for batteries with higher power capacity that can
keep the device running for long hours. - The segment is expected to maintain its
dominance during the forecast period as well.
4Market Insight Competitive Insights
- By Lithium-Ion Battery Market Share By Industry
Type - Based on the industry type, the market is
segmented as consumer electronics, automotive,
aerospace defense, marine, medical, industrial,
power, and telecommunication. - The automotive segment is likely to remain the
largest segment during the forecast period driven
by the growing adoption of electric vehicles. - Lithium-Ion Battery Market Share By Region
- In terms of regions, Asia-Pacific is estimated to
be the largest market for lithium-ion batteries
during the forecast period. - The Asia-Pacifics market is expected to expand
with a lucrative CAGR owing to the
well-established consumer electronics market in
the region, especially in China. - Further, the demand from the automotive industry
in the region will also augment the regional
growth. - North America and Europe are also expected to
offer considerable growth opportunities during
the forecast period.
5Market Insight Competitive Insights
- Key Players
- BYD Company
- LG Chem
- Panasonic Corporation
- Samsung SDI
- BAK Group
- GS Yuasa Corporation
- Hitachi
- Johnson Controls
- Toshiba Corporation
- Lithium Werks
6Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
7Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
8About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
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Why Us?
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