Lithium Ion Battery Market

Category : Energy & Power Reports | Delivery Format : PDF,PPT | Publisher: Reports and Insights | Pages : 342

Summarized Info Details
Base Year: 2020 Forecast Period: 2020-2028
Key Geographies:
  • North America, Latin America, Europe, Asia Pacific, Middle East, & Africa
Market Segmentation:
  • The global lithium ion battery market is segmented on the basis of type, power capacity, industry, voltage, and region
Key Players:

BYD Company, LG Chem, Panasonic, Samsung SDI, BAK Group, GS Yuasa Corporation, Hitachi, Johnson Controls, Toshiba, Lithium Werks, CALB, Saft Groupe, VARTA Storage, Farasis Energy, and Sila Nanotechnologies, among others

Key Dynamics:
  • The massive usage of consumer electronics across the world and rapid surge in utilization of mobile phones, tablets, laptops, and other electronic devices
Market Size: USD 45.3 Bn in 2020 CAGR (2021 -2028): 11.7%

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Lithium Ion Battery Market Overview

The report is titled ‘Lithium Ion Battery Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the lithium ion battery market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The lithium ion battery market is expected to grow at a significant rate in the near future.

The lithium ion battery market size was valued at US$ 45.3 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.7% from 2020 to 2028.

Lithium Ion Battery Introduction

A lithium-ion battery (LIB) can be perceived as a rechargeable battery-powered that makes use of an interspersed lithium compound as its electrode. A lithium ion battery, which is composed of the cathode, anode, and electrolyte, is a thermochemical storage instrument that does not necessitate an entire discharge in anticipation of recharging. It is distinguished by greater energy frequency, minimum maintenance and reduced self-discharge rates in comparison to its equivalents, for instance, nickel-cadmium batteries. In addition, it also provides an improved energy-to-weight proportion and huge open-circuit voltage.

Lithium Ion Battery Market Dynamics

The massive usage of consumer electronics across the world has majorly propelled the demand of lithium ion batteries across the global markets. Owing to which, the global lithium ion battery market is projected to grow significantly in the years to come. On top of that, the rapid surge in utilization of mobile phones, tablets, laptops, and other electronic devices have allowed lithium ion batteries to accelerate the growth in the demand of the lithium ion battery worldwide. Other than this, on account of the fresh advent of advanced wireless technology majority of the electronics products are electrically powered and henceforth, lithium ion batteries have long standing operations and are more cost effective. Attributing to which, the lithium ion battery market is expected to witness massive breakthroughs in the forthcoming years.

Lithium Ion Battery Market Segmentation

The global lithium ion battery market is segmented on the basis of type, power capacity, industry, voltage, and region.

By Type

Lithium Nickel Manganese Cobalt (LI-NMC)

Lithium Iron Phosphate (LFP)

Lithium Cobalt Oxide (LCO)

Lithium Titanate Oxide (LTO)

Lithium Manganese Oxide (LMO)

Lithium Nickel Cobalt Aluminum Oxide (NCA)

By Power Capacity

0 TO 3,000 mAH

3,000 TO 10,000 mAH

10,000 TO 60,000 mAH

More Than 60,000 mAH

By Industry

Consumer Electronics

Automotive

Marine

Aerospace and Defense

Medical

Industrial

Power

Telecom

By Voltage

Low (Below 12 V)

Medium (12 V – 36 V)

High (Above 36 V)

By Region

North America

Latin America

Europe

Africa

Middle East

Asia Pacific

Lithium Ion Battery Market Key Players

The key participating players of the global Lithium ion battery market include BYD Company, LG Chem, Panasonic, Samsung SDI, BAK Group, GS Yuasa Corporation, Hitachi, Johnson Controls, Toshiba, Lithium Werks, CALB, Saft Groupe, VARTA Storage, Farasis Energy, and Sila Nanotechnologies, among others.

Reports & Insights Overview on Lithium Ion Battery Market Report

The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the Lithium Ion Battery market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of Lithium Ion Battery

Advantages of Lithium Ion Battery

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.


Lithium Ion Battery Market

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1.    Global Lithium-Ion Battery Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Lithium-Ion Battery Market Overview

2.1.    Introduction

2.1.1.    Introduction

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Lithium-Ion Battery Market Snapshot

2.4.    Global Lithium-Ion Battery Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Lithium-Ion Battery Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    SWOT Analysis

3.    Lithium-Ion Battery Assessment and Analysis

3.1.    Lithium-Ion Battery Impact Analysis 

3.2.    Actions to encourage use of Lithium-Ion Battery

3.3.    Lithium-Ion Battery Promotional Strategy Recommendation

3.4.    Road Map Analysis

3.5.    GAP Analysis

3.6.    Potential Analysis

4.    Covid-19 Impact on Lithium-Ion Battery Market

4.1.    Impact Analysis of Covid-19 on the global Lithium-Ion Battery market

4.2.    Effect On Value Chain

4.3.    Business Impact W.R.T Revenue 

4.4.    Volatility In Price 

4.5.    Effect On The Overall Trade 

4.6.    Market Impact Analysis In 2020 (Quarter Wise)

5.    Global Lithium-Ion Battery Market, By Type

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Type

5.1.2.    BPS Analysis, By Type

5.2.    Market Revenue (US$Mn) and Forecast, By Type

5.2.1.    Lithium Nickel Manganese Cobalt (LI-NMC)

5.2.2.    Lithium Iron Phosphate (LFP)

5.2.3.    Lithium Cobalt Oxide (LCO)

5.2.4.    Lithium Titanate Oxide (LTO)

5.2.5.    Lithium Manganese Oxide (LMO)

5.2.6.    Lithium Nickel Cobalt Aluminum Oxide (NCA)

5.3.    Global Lithium-Ion Battery Market Attractiveness Index, By Type

6.    Global Lithium-Ion Battery Market, By Power Capacity

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Power Capacity

6.1.2.    BPS Analysis, By Power Capacity

6.2.    Market Revenue (US$Mn) and Forecast, By Power Capacity

6.2.1.    0 TO 3,000 mAH

6.2.2.    3,000 TO 10,000 mAH

6.2.3.    10,000 TO 60,000 mAH

6.2.4.    More Than 60,000 mAH

6.3.    Global Lithium-Ion Battery Market Attractiveness Index, By Power Capacity

7.    Global Lithium-Ion Battery Market, By Industry

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Industry

7.1.2.    BPS Analysis, By Industry

7.2.    Market Revenue (US$Mn) and Forecast, By Industry

7.2.1.    Consumer Electronics

7.2.2.    Automotive

7.2.3.    Marine

7.2.4.    Aerospace and Defence

7.2.5.    Medical

7.2.6.    Industrial

7.2.7.    Power

7.2.8.    Telecom

7.3.    Global Lithium-Ion Battery Market Attractiveness Index, By Industry

8.    Global Lithium-Ion Battery Market, By Voltage

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Voltage

8.1.2.    BPS Analysis, By Voltage

8.2.    Market Revenue (US$Mn) and Forecast, By Voltage

8.2.1.    Low (Below 12 V)

8.2.2.    Medium (12 V – 36 V)

8.2.3.    High (Above 36 V)

8.3.    Global Lithium-Ion Battery Market Attractiveness Index, By Voltage

9.    Global Lithium-Ion Battery Market, By Region

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Region

9.1.2.    BPS Analysis, By Region

9.2.    Market Revenue (US$Mn) and Forecast, By Region

9.2.1.    North America

9.2.2.    Latin America

9.2.3.    Europe

9.2.4.    Asia Pacific

9.2.5.    Middle East 

9.2.6.    Africa

9.3.    Global Lithium-Ion Battery Market Attractiveness Index, By Region

10.    North America Lithium-Ion Battery Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market Revenue (US$Mn) and Forecast, By Country

10.2.1.    U.S. Lithium-Ion Battery Market

10.2.2.    Canada Lithium-Ion Battery Market

10.3.    North America Lithium-Ion Battery Market, By Type 

10.3.1.    Lithium Nickel Manganese Cobalt (LI-NMC)

10.3.2.    Lithium Iron Phosphate (LFP)

10.3.3.    Lithium Cobalt Oxide (LCO)

10.3.4.    Lithium Titanate Oxide (LTO)

10.3.5.    Lithium Manganese Oxide (LMO)

10.3.6.    Lithium Nickel Cobalt Aluminum Oxide (NCA)

10.4.    North America Lithium-Ion Battery Market, By Power Capacity

10.4.1.    0 TO 3,000 mAH

10.4.2.    3,000 TO 10,000 mAH

10.4.3.    10,000 TO 60,000 mAH

10.4.4.    More Than 60,000 mAH

10.5.    North America Lithium-Ion Battery Market, By Industry

10.5.1.    Consumer Electronics

10.5.2.    Automotive

10.5.3.    Marine

10.5.4.    Aerospace and Defence

10.5.5.    Medical

10.5.6.    Industrial

10.5.7.    Power

10.5.8.    Telecom

10.6.    North America Lithium-Ion Battery Market, By Voltage

10.6.1.    Low (Below 12 V)

10.6.2.    Medium (12 V – 36 V)

10.6.3.    High (Above 36 V)

10.7.    North America Lithium-Ion Battery Market Attractiveness Index

10.7.1.    By Country

10.7.2.    By Type

10.7.3.    By Power Capacity

10.7.4.    By Industry

10.7.5.    By Voltage

11.    Latin America Lithium-Ion Battery Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    Brazil Lithium-Ion Battery Market

11.2.2.    Mexico Lithium-Ion Battery Market

11.2.3.    Rest Of Latin America Lithium-Ion Battery Market

11.3.    Latin America Lithium-Ion Battery Market, By Type 

11.3.1.    Lithium Nickel Manganese Cobalt (LI-NMC)

11.3.2.    Lithium Iron Phosphate (LFP)

11.3.3.    Lithium Cobalt Oxide (LCO)

11.3.4.    Lithium Titanate Oxide (LTO)

11.3.5.    Lithium Manganese Oxide (LMO)

11.3.6.    Lithium Nickel Cobalt Aluminum Oxide (NCA)

11.4.    Latin America Lithium-Ion Battery Market, By Power Capacity

11.4.1.    0 TO 3,000 mAH

11.4.2.    3,000 TO 10,000 mAH

11.4.3.    10,000 TO 60,000 mAH

11.4.4.    More Than 60,000 mAH

11.5.    Latin America Lithium-Ion Battery Market, By Industry

11.5.1.    Consumer Electronics

11.5.2.    Automotive

11.5.3.    Marine

11.5.4.    Aerospace and Defence

11.5.5.    Medical

11.5.6.    Industrial

11.5.7.    Power

11.5.8.    Telecom

11.6.    Latin America Lithium-Ion Battery Market, By Voltage

11.6.1.    Low (Below 12 V)

11.6.2.    Medium (12 V – 36 V)

11.6.3.    High (Above 36 V)

11.7.    Latin America Lithium-Ion Battery Market Attractiveness Index

11.7.1.    By Country

11.7.2.    By Type

11.7.3.    By Power Capacity

11.7.4.    By Industry

11.7.5.    By Voltage

12.    Europe Lithium-Ion Battery Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    U.K. Lithium-Ion Battery Market

12.2.2.    Germany Lithium-Ion Battery Market

12.2.3.    Italy Lithium-Ion Battery Market

12.2.4.    France Lithium-Ion Battery Market

12.2.5.    Spain Lithium-Ion Battery Market

12.2.6.    Russia Lithium-Ion Battery Market

12.2.7.    Rest Of Europe Lithium-Ion Battery Market

12.3.    Europe Lithium-Ion Battery Market, By Type 

12.3.1.    Lithium Nickel Manganese Cobalt (LI-NMC)

12.3.2.    Lithium Iron Phosphate (LFP)

12.3.3.    Lithium Cobalt Oxide (LCO)

12.3.4.    Lithium Titanate Oxide (LTO)

12.3.5.    Lithium Manganese Oxide (LMO)

12.3.6.    Lithium Nickel Cobalt Aluminum Oxide (NCA)

12.4.    Europe Lithium-Ion Battery Market, By Power Capacity

12.4.1.    0 TO 3,000 mAH

12.4.2.    3,000 TO 10,000 mAH

12.4.3.    10,000 TO 60,000 mAH

12.4.4.    More Than 60,000 mAH

12.5.    Europe Lithium-Ion Battery Market, By Industry

12.5.1.    Consumer Electronics

12.5.2.    Automotive

12.5.3.    Marine

12.5.4.    Aerospace and Defence

12.5.5.    Medical

12.5.6.    Industrial

12.5.7.    Power

12.5.8.    Telecom

12.6.    Europe Lithium-Ion Battery Market, By Voltage

12.6.1.    Low (Below 12 V)

12.6.2.    Medium (12 V – 36 V)

12.6.3.    High (Above 36 V)

12.7.    Europe Lithium-Ion Battery Market Attractiveness Index

12.7.1.    By Country

12.7.2.    By Type

12.7.3.    By Power Capacity

12.7.4.    By Industry

12.7.5.    By Voltage

13.    Asia Pacific Lithium-Ion Battery Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    China Lithium-Ion Battery Market

13.2.2.    India Lithium-Ion Battery Market

13.2.3.    Japan Lithium-Ion Battery Market

13.2.4.    Australia and New Zealand Lithium-Ion Battery Market

13.2.5.    South Korea Lithium-Ion Battery Market

13.2.6.    Rest of Asia Pacific Lithium-Ion Battery Market

13.3.    Asia Pacific Lithium-Ion Battery Market, By Type 

13.3.1.    Lithium Nickel Manganese Cobalt (LI-NMC)

13.3.2.    Lithium Iron Phosphate (LFP)

13.3.3.    Lithium Cobalt Oxide (LCO)

13.3.4.    Lithium Titanate Oxide (LTO)

13.3.5.    Lithium Manganese Oxide (LMO)

13.3.6.    Lithium Nickel Cobalt Aluminum Oxide (NCA)

13.4.    Asia Pacific Lithium-Ion Battery Market, By Power Capacity

13.4.1.    0 TO 3,000 mAH

13.4.2.    3,000 TO 10,000 mAH

13.4.3.    10,000 TO 60,000 mAH

13.4.4.    More Than 60,000 mAH

13.5.    Asia Pacific Lithium-Ion Battery Market, By Industry

13.5.1.    Consumer Electronics

13.5.2.    Automotive

13.5.3.    Marine

13.5.4.    Aerospace and Defence

13.5.5.    Medical

13.5.6.    Industrial

13.5.7.    Power

13.5.8.    Telecom

13.6.    Asia Pacific Lithium-Ion Battery Market, By Voltage

13.6.1.    Low (Below 12 V)

13.6.2.    Medium (12 V – 36 V)

13.6.3.    High (Above 36 V)

13.7.    Asia Pacific Lithium-Ion Battery Market Attractiveness Index

13.7.1.    By Country

13.7.2.    By Type

13.7.3.    By Power Capacity

13.7.4.    By Industry

13.7.5.    By Voltage

14.    Middle East Lithium-Ion Battery Market Analysis and Forecast, 2020–2028

14.1.    Introduction

14.1.1.    Annual Growth Rate Comparison, By Country

14.1.2.    BPS Analysis, By Country

14.2.    Market (US$Mn) Forecast, By Country

14.2.1.    GCC Countries Lithium-Ion Battery Market

14.2.2.    Israel Lithium-Ion Battery Market

14.2.3.    Rest Of Middle East Lithium-Ion Battery Market

14.3.    Middle East Lithium-Ion Battery Market, By Type 

14.3.1.    Lithium Nickel Manganese Cobalt (LI-NMC)

14.3.2.    Lithium Iron Phosphate (LFP)

14.3.3.    Lithium Cobalt Oxide (LCO)

14.3.4.    Lithium Titanate Oxide (LTO)

14.3.5.    Lithium Manganese Oxide (LMO)

14.3.6.    Lithium Nickel Cobalt Aluminum Oxide (NCA)

14.4.    Middle East Lithium-Ion Battery Market, By Power Capacity

14.4.1.    0 TO 3,000 mAH

14.4.2.    3,000 TO 10,000 mAH

14.4.3.    10,000 TO 60,000 mAH

14.4.4.    More Than 60,000 mAH

14.5.    Middle East Lithium-Ion Battery Market, By Industry

14.5.1.    Consumer Electronics

14.5.2.    Automotive

14.5.3.    Marine

14.5.4.    Aerospace and Defence

14.5.5.    Medical

14.5.6.    Industrial

14.5.7.    Power

14.5.8.    Telecom

14.6.    Middle East Lithium-Ion Battery Market, By Voltage

14.6.1.    Low (Below 12 V)

14.6.2.    Medium (12 V – 36 V)

14.6.3.    High (Above 36 V)

14.7.    Middle East Lithium-Ion Battery Market Attractiveness Index

14.7.1.    By Country

14.7.2.    By Type

14.7.3.    By Power Capacity

14.7.4.    By Industry

14.7.5.    By Voltage

15.    Africa Lithium-Ion Battery Market Analysis and Forecast, 2020–2028

15.1.    Introduction

15.1.1.    Annual Growth Rate Comparison, By Country

15.1.2.    BPS Analysis, By Country

15.2.    Market (US$Mn) Forecast, By Country

15.2.1.    South Africa Countries Lithium-Ion Battery Market

15.2.2.    Egypt Lithium-Ion Battery Market

15.2.3.    North Africa Lithium-Ion Battery Market

15.2.4.    Rest of Africa Lithium-Ion Battery Market

15.3.    Africa Lithium-Ion Battery Market, By Type 

15.3.1.    Lithium Nickel Manganese Cobalt (LI-NMC)

15.3.2.    Lithium Iron Phosphate (LFP)

15.3.3.    Lithium Cobalt Oxide (LCO)

15.3.4.    Lithium Titanate Oxide (LTO)

15.3.5.    Lithium Manganese Oxide (LMO)

15.3.6.    Lithium Nickel Cobalt Aluminum Oxide (NCA)

15.4.    Africa Lithium-Ion Battery Market, By Power Capacity

15.4.1.    0 TO 3,000 mAH

15.4.2.    3,000 TO 10,000 mAH

15.4.3.    10,000 TO 60,000 mAH

15.4.4.    More Than 60,000 mAH

15.5.    Africa Lithium-Ion Battery Market, By Industry

15.5.1.    Consumer Electronics

15.5.2.    Automotive

15.5.3.    Marine

15.5.4.    Aerospace and Defence

15.5.5.    Medical

15.5.6.    Industrial

15.5.7.    Power

15.5.8.    Telecom

15.6.    Africa Lithium-Ion Battery Market, By Voltage

15.6.1.    Low (Below 12 V)

15.6.2.    Medium (12 V – 36 V)

15.6.3.    High (Above 36 V)

15.7.    Africa Lithium-Ion Battery Market Attractiveness Index

15.7.1.    By Country

15.7.2.    By Type

15.7.3.    By Power Capacity

15.7.4.    By Industry

15.7.5.    By Voltage

16.    Competitive Landscape

16.1.    Company Profiles

16.1.1.    BYD Company

16.1.1.1.    Company Overview

16.1.1.2.    Financial Overview

16.1.1.3.    Key Developments

16.1.1.4.    Strategies

16.1.1.5.    Product Analysis

16.1.2.    LG Chem

16.1.3.    Panasonic

16.1.4.    Samsung SDI

16.1.5.    BAK Group

16.1.6.    GS Yuasa Corporation

16.1.7.    Hitachi

16.1.8.    Johnson Controls

16.1.9.    Toshiba

16.1.10.    Lithium Werks

16.1.11.    CALB

16.1.12.    Saft Groupe

16.1.13.    VARTA Storage

16.1.14.    Farasis Energy

16.1.15.    Sila Nanotechnologies

17.    Acronyms

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Frequently Asked Questions

The lithium ion battery market size was valued at US$ 45.3 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.7% from 2020 to 2028

The massive usage of consumer electronics across the world and rapid surge in utilization of mobile phones, tablets, laptops, and other electronic devices are the key factors driving the growth of market

The global lithium ion battery market is segmented on the basis of type, power capacity, industry, voltage, and region

BYD Company, LG Chem, Panasonic, Samsung SDI, BAK Group, GS Yuasa Corporation, Hitachi, Johnson Controls, Toshiba, Lithium Werks, CALB, Saft Groupe, VARTA Storage, Farasis Energy, and Sila Nanotechnologies, among others are the key participating players in the market