Lithium-Ion Battery Market Potential Growth, Demand and Analysis of Key Players- Research Forecasts to 2021
Lithium-ion battery, better known as Li-ion battery (LIB), is a part of rechargeable battery group. The Major factors driving the growth of lithium ion battery market are the growing demand for energy-efficient, safe and low cost batteries, high energy density, self-discharge, various types available and no need for priming.
Lithium-ion battery, better known as Li-ion battery (LIB), is a part of rechargeable battery group. The Major factors driving the growth of lithium ion battery market are the growing demand for energy-efficient, safe and low cost batteries, high energy density, self-discharge, various types available and no need for priming.
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<strong>Lithium</strong>-<strong>Ion</strong> <strong>Battery</strong> <strong>Market</strong> <strong>Potential</strong><br />
<strong>Growth</strong>, <strong>Dem<strong>and</strong></strong> <strong>and</strong> <strong>Analysis</strong> <strong>of</strong> <strong>Key</strong><br />
<strong>Players</strong>- <strong>Research</strong> <strong>Forecasts</strong> <strong>to</strong> <strong>2021</strong><br />
“<strong>Lithium</strong>-ion battery, better known as Li-ion battery (LIB),<br />
is a part <strong>of</strong> rechargeable battery group. The Major fac<strong>to</strong>rs<br />
driving the growth <strong>of</strong> lithium ion battery market are the<br />
growing dem<strong>and</strong> for energy-efficient, safe <strong>and</strong> low cost<br />
batteries, high energy density, self-discharge, various<br />
types available <strong>and</strong> no need for priming. It gives high<br />
s<strong>to</strong>rage capacity, long lifecycle, <strong>and</strong> better efficiency than<br />
the other batteries.”<br />
Global lithium ion battery market is segmented on the basis <strong>of</strong> type, technology, power capacity, application, <strong>and</strong><br />
geography. <strong>Lithium</strong>-ion battery, better known as Li-ion battery (LIB), is a part <strong>of</strong> rechargeable battery group. It gives<br />
high s<strong>to</strong>rage capacity, long lifecycle, <strong>and</strong> better efficiency than the other batteries. In the battery, lithium ions do move<br />
from the negative electrode <strong>to</strong> the positive electrode during charging <strong>and</strong> discharging.<br />
In household electronics products, lithium-ion batteries are used <strong>and</strong> looked upon as the most popular parts <strong>of</strong><br />
rechargeable batteries for tiny memory effect, high energy density, portable electronics, <strong>and</strong> low self discharge. <strong>Lithium</strong>ion<br />
batteries’ usage is increasing in different applications such as military, consumer electronics products, battery<br />
electric vehicle, aerospace, household electricity, <strong>and</strong> au<strong>to</strong>motive applications such as EVs & HEVs <strong>and</strong> energy s<strong>to</strong>rage<br />
systems in power plants for their specific purposes.<br />
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<strong>Lithium</strong>-ion batteries have been gaining importance as a rechargeable power source; as they are environment-friendly<br />
as compared <strong>to</strong> conventional batteries such as nickel-cadmium, lead-acid, <strong>and</strong> nickel metal hydride batteries. Growing<br />
use in consumer electronics such as tablets, smartphone, <strong>and</strong> in healthcare <strong>to</strong>ols like respira<strong>to</strong>rs <strong>and</strong> surgical devices<br />
has been raising the lithium-ion battery market in the past couple <strong>of</strong> years.<br />
The Major fac<strong>to</strong>rs driving the growth <strong>of</strong> lithium ion battery market are the growing dem<strong>and</strong> for energy-efficient, safe<br />
<strong>and</strong> low cost batteries, high energy density, self-discharge, various types available <strong>and</strong> no need for priming. The key<br />
target audiences <strong>of</strong> the lithium-ion battery market are consumer electronics manufacturers, au<strong>to</strong>motive consultants,<br />
lithium-ion battery distribu<strong>to</strong>rs & providers, smart grid integra<strong>to</strong>rs, technology inves<strong>to</strong>rs, lithium-ion battery<br />
manufacturing companies <strong>and</strong> research organizations, technology st<strong>and</strong>ard organizations, forums, alliances <strong>and</strong><br />
associations.<br />
Based on type, the lithium ion market is segmented in<strong>to</strong> lithium nickel manganese cobalt (LI-NMC), lithium cobalt<br />
oxide (LCO), lithium iron phosphate (LFP), lithium manganese oxide (LMO), lithium titanate oxide (LTO), lithium<br />
nickel cobalt aluminium Oxide (NCA) <strong>and</strong> so on. Based on technology, the lithium-ion market is segmented in<strong>to</strong><br />
cathodes, separa<strong>to</strong>rs, anodes, electrolytes, foils, binders <strong>and</strong> so on. Based on power capacity, the lithium-ion market is<br />
segmented in<strong>to</strong> 0 <strong>to</strong> 3000mAh, 3000mAh <strong>to</strong> 10000mAh, 10000mAh <strong>to</strong> 60000mAh <strong>and</strong> more than 60000mAh.<br />
Based on application, the lithium-ion market is segmented in<strong>to</strong> industrial, au<strong>to</strong>motive, grid energy s<strong>to</strong>rage, renewable,<br />
consumer electronics, electric vehicles, energy s<strong>to</strong>rage, marine, medical, aerospace & defense, power, textile <strong>and</strong> so<br />
on. The segment “electronics” is further classified as UPS, smartphone, tablet/PCs, games, gardening <strong>to</strong>ols & drilling<br />
<strong>and</strong> so on; whereas the segment “au<strong>to</strong>motive” is further classified as scooters & bikes, train & aircraft, cars, trucks <strong>and</strong><br />
buses.<br />
Another segment “industrial” is segmented in<strong>to</strong> mining equipment, cranes & forklift, smart grid <strong>and</strong> renewable energy<br />
s<strong>to</strong>rage. Based on geography, the lithium-ion market is segmented in<strong>to</strong> Europe, Middle East & Africa, North America,<br />
Asia Pacific, <strong>and</strong> Latin America. Asia Pacific is the leading region <strong>and</strong> expected <strong>to</strong> rule the roost in the lithium-ion<br />
battery market in the upcoming years. This could be attributed <strong>to</strong> the growing dem<strong>and</strong> for electronic devices, stringent<br />
government regulations <strong>to</strong> control pollution level, focus <strong>of</strong> reducing greenhouse gas (GHG) emissions, <strong>and</strong> presence <strong>of</strong><br />
manufacturers who provide lithium-ion battery at lower prices are expected <strong>to</strong> drive the lithium-ion battery market<br />
over the forecast period.<br />
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<strong>Key</strong> players operating in the lithium-ion battery industry are Toshiba Corporation, Samsung SDI Co. Ltd., Panasonic<br />
Corporation, GS Yuasa International, Au<strong>to</strong>motive Energy Supply Corporation (AESC), A123 Systems, Hitachi<br />
Chemical Co. Ltd, Johnson Controls Inc., LG Chemical Power (LGCPI), China BAK <strong>Battery</strong>, Blue Energy, BYD,<br />
Coslight, Saft, Kokam, Li-Tec, MANZ AG, NEC, SK Innovation <strong>and</strong> Sony Tianjin Lishen <strong>Battery</strong>.<br />
This report studies <strong>Lithium</strong>-<strong>Ion</strong> <strong>Battery</strong> in Global market, especially in North America, Europe, China, Japan,<br />
Korea <strong>and</strong> Taiwan, focuses on <strong>to</strong>p manufacturers in global market, with sales, price, revenue <strong>and</strong> market share<br />
for each manufacturer, covering<br />
• A123 Systems
• Johnson Controls<br />
• Au<strong>to</strong>motive Energy Supply Corporation (AESC)<br />
• Panasonic<br />
• BYD Company Limited<br />
• Saft<br />
• Tesla<br />
• Blue Energy<br />
• GS Yuasa Corp<br />
• EnerDel<br />
• Sony<br />
• China Aviation <strong>Lithium</strong> <strong>Battery</strong><br />
• Electrovaya<br />
• BASF e-mobility<br />
• LG Chem<br />
• Guotai Huarong<br />
• Dongguan Shanshan(DGSS)<br />
• Altairnano & Electro Energy<br />
• Deutsche Accumotive<br />
• Amperex<br />
See More Reports <strong>of</strong> This Category by Million Insights @ https://www.millioninsights.com/industry/energys<strong>to</strong>rage<br />
<strong>Market</strong> Segment by Regions, this report splits Global in<strong>to</strong> several key Regions, with production, consumption,<br />
revenue, market share <strong>and</strong> growth rate <strong>of</strong> <strong>Lithium</strong>-<strong>Ion</strong> <strong>Battery</strong> in these regions, from 2011 <strong>to</strong> 2020 (forecast),<br />
like<br />
• North America
• China<br />
• Europe<br />
• Japan<br />
• Taiwan<br />
• Korea<br />
Split by product types, with production, revenue, price, market share <strong>and</strong> growth rate <strong>of</strong> each type, can be<br />
divided in<strong>to</strong><br />
• Type 1<br />
• Type 2<br />
• Type 3<br />
Split by applications, this report focuses on consumption, market share <strong>and</strong> growth rate <strong>of</strong> <strong>Lithium</strong>-<strong>Ion</strong> <strong>Battery</strong><br />
in each application, can be divided in<strong>to</strong><br />
• Application 1<br />
• Application 2<br />
• Application 3<br />
Browse Full <strong>Research</strong> Report @ https://www.millioninsights.com/industry-reports/lithium-ion-battery-market
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