Lithium-Ion Battery Market - Sales Revenue, Competitive Landscape and ForecastPosted by Savni on November 19th, 2019 Global Lithium-Ion Battery Market: by Type (Lithium Nickel Manganese Cobalt, Lithium Iron Phosphate, Lithium Cobalt Oxide, Lithium Titanate Oxide, Lithium Manganese Oxide, and Lithium Nickel Cobalt Aluminum Oxide) Forecast till 2023 The report puts great emphasis on its features such as long life cycle with high energy density and the ability to get charged from portable sources. It further covers drivers such as increasing demand for high power and high capacity cells. Lithium-ion market is also expanding as it is gaining traction from large applications. But the lithium-ion market is gaining unprecedented boost from the burgeoning electronics industry. Smart devices and consumer electronics are giving the lithium-ion market much-needed tailwind. Get Free Sample at: Lithium-ion is a type of rechargeable battery that has multiple applications across industries. The global lithium-ion battery market can attain USD 62 billion valuation with a 16% CAGR during the forecast period (2017-2023), reports Market Research Future (MRFR). Technological advancements can be of great importance for lithium-ion battery market’s endeavor in widening its scope. The weight of the battery and cost are getting reduced with new innovations and power output is becoming more efficient which can make the battery the choicest option for many industries. Key Players: Prominent players dominating the global lithium-ion battery market are Panasonic Sanyo (Japan), Automotive Energy Supply Corporation (AESC) (Japan), LG Chem. (South Korea), SAMSUNG SDI Co., Ltd. (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), and others Segmentation: The global lithium-ion battery market can be segmented by type, power capacity and vertical. Type-based segmentation of the lithium-ion battery market can be segmented into lithium nickel manganese cobalt (LI-NMC), lithium iron phosphate (LFP), lithium cobalt oxide (LCO), lithium titanate oxide (LTO), lithium manganese oxide (LMO) and lithium nickel cobalt aluminum oxide (NCA). Based on power capacity, the lithium-ion battery market can be segmented into 0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh and more than 60000mAh. Vertical-wise, the lithium-ion battery market includes automotive, aerospace & defense, consumer electronics, industrial, marine, medical and power. Browse More Details on Report at: Regional Analysis: Geographical analysis of the lithium-ion market covers Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW). The APAC region accounts for the largest market share and is expected to continue its dominance during the forecast period. The region is showing substantial growth in consumer electronics section. With a huge consumer base, this sector is going to experience unprecedented growth. Furthermore, a number of electronics giants are based out of this region and are ensuring its progress. Europe has the second largest market, whereas, North America stands third. Both the places have good infrastructure owing to which their regional markets are getting momentum. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services. The MRFR team has the supreme objective to provide optimum quality market research and intelligence services to our clients. Contact: +1 646 845 9312 Like it? Share it! More by this author |