Lithium-Ion Battery Market by Application, Drive Mechanism and Region Forecasts to 2023

Posted April 13, 2018 by rahulwgr123

Global Lithium-Ion Battery Market: by Type (Lithium Nickel Manganese Cobalt, Lithium Iron Phosphate, Lithium Cobalt Oxide, Lithium Titanate Oxide, Lithium Manganese Oxide, ) Forecast till 2023

Market Scenario:

The global lithium-ion battery market is projected to witness a rapid growth during the forecast period. Increasing emergence of cloud-based technologies is a major factor driving the growth of the market. Moreover, increasing demand for lithium-ion battery across various industry verticals such as automotive, healthcare, manufacturing, retail and IT & telecommunications is fueling the growth of the global market.

The Global Lithium-ion Battery Market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the lithium-ion battery market in Asia Pacific is expected to witness a significant growth and hold the largest market share during the forecast period. China, South Korea and Japan are anticipated to drive the growth of the North American lithium-ion battery market owing to the presence of a large number of established key players such as Toshiba Corporation, Panasonic Sanyo, Automotive Energy Supply Corporation (AESC), LG Chem., Samsung SDI Co., Ltd. in this region. Due to the increasing government initiatives towards reducing the greenhouse gas effect and a considerable shift towards the adoption of portable and efficient batteries in the region, the market is likely to show immense growth in the coming future. Additionally, Asia Pacific also has a well-established infrastructure, which allows a higher penetration of devices and ultimately provides better connectivity. Increasing need for innovations and advancements in the technology are other major factors responsible for the growth of the global lithium-ion battery market.

In the global lithium-ion battery market, Europe is anticipated to witness a relatively faster adoption at the significant CAGR during the forecast period as compared to other regions owing to the growing adoption of lithium ion batteries for automotive sector across different countries in the region.

The global lithium-ion battery market is projected to reach USD 62 billion at a CAGR of over 16% by the end of the forecast period 2017-2023.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Lithium-Ion Battery Market Research Report-Forecast to 2023”.

The global lithium-ion battery market is expected to grow at a CAGR of approximately 16% during the forecast period 2017-2023.

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The global lithium-ion battery market is segmented on the basis of type, power capacity and vertical. The power capacity segment is classified as 0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh and more than 60000mAh. However, the 0 to 3000mAh sub segment is expected to hold the largest market share of the lithium-ion battery market. Lithium-Ion batteries have huge applications including portable CD players, DVD players, smartphones, digital cameras and many other consumer electronics. Lithium ion batteries offer various benefits at very low cost and more efficiency and reliability. However, 10000mAh to 60000mAh power capacity cub segment is expected to grow at the highest rate during the forecast period. This is owing to the increasing number of industrial applications and military applications.

Key Players:
Panasonic Sanyo (Japan),
Automotive Energy Supply Corporation (AESC) (Japan),
LG Chem. (South Korea),
(South Korea),
Li-Tec Battery GmbH (Germany),
Toshiba (Japan),
A123 Systems (U.S.),
GS Yuasa (Japan),
SK Energy (South Korea),
BYD (China),
Sony Corporation (Japan),
Beijing Pride Power (BPP) (China),
BAK Group (China),
Toshiba Corporation (Japan),
Valence Technology, Inc. (U.S.),
Hitachi Chemical Co. Ltd. (Japan),
Johnson Controls, Inc. (U.S.),
Saft Groupe SA (France), TDK Corporation (Japan).

Regional Analysis:
The global lithium-ion battery market is studied for Asia Pacific, North America, Europe, and Rest of the World. It has been observed that Asia Pacific is estimated to account for the largest share of the market, whereas Europe is expected to rank second in terms of market share during the forecast period. The Asia Pacific market growth is attributed to technological advancements and increased adoption of consumer electronic products across various industry verticals. Europe stands as the second biggest market of lithium-ion battery, followed by North America

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Intended Audience:

Technology Investors
Research/Consultancy firms
Technology Solution Providers
Government Bodies
Automotive consultants
Consumer electronics manufacturers
Lithium ion battery distributors and providers
Lithium ion battery manufacturers
Smart grid integrators

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model


Table 1 Global Lithium-Ion Battery Market: By Region, 2017-2023

Table 2 North America Lithium-Ion Battery Market: By Country, 2017-2023

Table 3 Europe Lithium-Ion Battery Market: By Country, 2017-2023

Table 4 Asia-Pacific Lithium-Ion Battery Market: By Country, 2017-2023

Table 5 Middle East & Africa Lithium-Ion Battery Market: By Country, 2017-2023


FIGURE 1 Global Lithium-Ion Battery Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Lithium-Ion Battery Market

FIGURE 4 Value Chain of Global Lithium-Ion Battery Market

FIGURE 5 Share of Global Lithium-Ion Battery Market In 2017, By Country (In %)

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Issued By Market Research Future
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Business Address Market Research Future
Office No. 528, Amanora Chambers
Country India
Categories Business , Computers , Semiconductors
Tags lithiumion battery market
Last Updated April 13, 2018