Lithium-ion Battery Market Growth 2020-2025 | Size, Share, Price, Trends, Analysis, Outlook, Report and Forecast

Chemicals and Material News

The new report by Expert Market Research titled, ‘Global Lithium-Ion Battery Market Size, Price, Trends, Growth, Report and Forecast 2020-2025′, gives an in-depth analysis of the global lithium-ion battery market, assessing the market based on its segments like product types, power capacity, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents –https://www.expertmarketresearch.com/reports/lithium-ion-battery-market/requestsample

The key highlights of the report include:

Market Overview (2015-2025)

  • Historical Market Size (2019): USD 31.6 billion
  • Forecast CAGR (2020-2025): 10.7%
  • Forecast Market Size (2025): USD 58.3 billion

The increasing Internet penetration, as well as the purchasing power of consumers, in particular in emerging markets, has led to increased sales of mobile electronic devices like handheld devices and laptops. Consumers’ increasing understanding of reduced greenhouse gas emissions combined with the use of electric vehicles is encouraging them to switch from conventional to electric cars, which is positively influencing the lithium-ion battery market. Furthermore, the rising variations in electricity demand and supply have further increased lithium-ion battery demand in energy storage systems. Strict government requirements for an atmosphere that is pollution-free will also have a beneficial impact on the market growth of lithium-ion batteries.

Read Full Report with Table of Contents –https://www.expertmarketresearch.com/reports/lithium-ion-battery-market

Industry Definition and Major Segments

Lithium-ion battery (LIB) refers to a high-energy rechargeable battery. A lithium-ion battery includes three components: anode, cathode, and electrolyte. These batteries are comparably lightweight, require low maintainability, and a lower rate of self-discharge than nickel-cadmium batteries as compared to other rechargeable variants of the same size.

Based on product types, the global lithium-ion battery market can be divided into:

  • Lithium Cobalt Oxide
  • Lithium Iron Phosphate
  • Lithium Nickel Manganese Cobalt
  • Lithium Manganese Oxide
    Others

The market can be broadly segmented by its power capacity into:

  • 0 to 3000mAh
  • 3000mAh to 10000mAh
  • 10000mAh to 60000mAh
  • More than 60000mAh

On the basis of applications, the market is divided into:

  • Consumer Electronics
  • Electric Vehicles
  • Energy Storage
  • Others

By regions, the market is segmented into:

  • North America
  • Europe
  • Middle East and Africa
  • Asia Pacific
  • Latin America

Market Trends

The penetration of lithium-ion batteries is rising due to the expansion of industrial infrastructure, improved economic efficiency of deployment of energy storage, and the need to increase grid reliability for power supplies. While the overall installed capacity is dominated by hydro-pumped storage, battery-based electricity storage systems develop quickly, reduce costs, and improve performance. Governments have encouraged the installation of rooftop solar PV systems. The use of solar home systems, solar-powered solar lamps, recharge products, as well as mini solar photovoltaic networks based on lithium-ion batteries has increased in Asia-Pacific and Africa. Huge investments, mainly in lithium-ion packs, while project developers are continually improving the design and construction of custom storage systems, are projected to support the battery-based storage systems. These factors are expected to positively influence the global lithium-ion market in the coming years.

Key Market Players

The major players in the market are A123 Systems LLC, LG Chem (KRX: 051910), Panasonic Corporation (TYO: 6752), Toshiba Corporation (TYO: 6502), Blue Energy (ASX: BLU), GS Yuasa International Ltd. (TYO: 6674), Dalian CBAK Power Battery Co., Ltd, and Hitachi Chemical Co., Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Related Reports:

Automotive Lead-acid Battery Market – https://www.expertmarketresearch.com/reports/automotive-lead-acid-battery-market

Rechargeable Battery Market – https://www.expertmarketresearch.com/reports/rechargeable-battery-market

Nanowire Battery Market – https://www.expertmarketresearch.com/reports/nanowire-battery-market

Micro Battery Market – https://www.expertmarketresearch.com/reports/micro-battery-market

Absorbed Glass Mat Battery Market – https://www.expertmarketresearch.com/reports/absorbed-glass-mat-battery-market

Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Contact Information:

Company Name: Expert Market Research
Contact Person: Adam Lee, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1 (650) 761-6200 | +44 7441 392205
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *