Global Lithium Ion Battery Market - Industry Trends and Forecast to 2026

  • Semiconductors and Electronics
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Lithium Ion Battery Market By Type (Lithium Nickel Manganese Cobalt, Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Titanate Oxide, Lithium Manganese Oxide, Lithium Nickel Cobalt Aluminum Oxide), Power Capacity (0 to 3000 mAH, 3000 to 10000 mAH, 10000 to 60000 mAH, More Than 60000 mAH), Industry (Consumer Electronics, Automotive, Aerospace & Defense, Marine, Medical, Industrial, Energy Storage System, Power), Component (Cathode, Anode, Electrolytic Solution, Foils, Binders, Separators), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Lithium Ion Battery Market

Global lithium ion battery market is set to witness a growing with healthy CAGR of 17.03 % in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to benefits like higher productivity and longer life expectancy.

Market Definition: Global Lithium Ion Battery Market

Lithium ion battery is a light weight battery with high energy density which is rechargeable and is used across all the electronic devices. Lithium ions in batteries moves towards positive electrode from negative electrode when it is being used and when it is being charged the lithium ions moves towards negative electrode from positive electrode. It is widely used in the automobile industries to manufacture the electric vehicles as well in consumer electronics market to manufacture smartphones and other smart devices.

Market Drivers:

  • The global surge in the demand for the electric vehicles is driving the growth of the market
  • The increasing need for automation and battery operated material handling equipment which increase the cost effectiveness is boosting the growth of the market
  • The rising demand for smart devices globally is driving the growth of the market
  • The high demand for lithium ion batteries in various industries is expanding the market
  • The stringent government regulations for controlling pollution is driving the growth of the market

Market Restraints:

  • The high cost of lithium ion batteries is restricting the growth of the market
  • The safety issues related to storing the used batteries is hindering the growth of the market

Segmentation: Global Lithium Ion Battery Market

By Type

  • Lithium Nickel Manganese Cobalt
  • Lithium Cobalt Oxide
  • Lithium Iron Phosphate
  • Lithium Titanate Oxide
  • Lithium Manganese Oxide
  • Lithium Nickel Cobalt Aluminum Oxide

By Power Capacity

  • 0 to 3000 mAH
  • 3000 to 10000 mAh
  • 10000 to 60000 mAh
  • More Than 60000 mAH

By Industry

  • Consumer Electronics

    • Smartphones
    • UPS
    • Laptops
    • Games
    • Gardening Tools
    • Drilling

  • Automotive

    • Battery Electric Vehicles
    • Plug-In Hybrid Electric Vehicles
    • Conventional Automotive

  • Aerospace and defense

    • Commercial Aircrafts
    • Defense

  • Marine

    • Commercial
    • Tourism
    • Defense

  • Medical
  • Energy Storage System
  • Industrial

    • Mining Equipment
    • Construction Equipment
    • Textile
    • Others

  • Power

By Component

  • Cathode
  • Anode
  • Electrolytic Solution
  • Foils
  • Binders
  • Separators

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

 Key Developments in the Market:

  • In July 2019, BYD Company Ltd. announced the signing of joint agreement with Toyota Motor Corporation to develop battery electric vehicles. They are set to develop low floor SUV’s and sedans jointly with the onboard batteries for the vehicles.
  • In August 2018, BYD Company Ltd., has announced its strategic collaboration agreement and battery joint venture with Changan Automobile Company Limited. They will jointly research on autonomous driving and broad range of new energy vehicle technology. This venture will also improve the supply chain and car assembly technique of the firm.

Competitive Analysis

Global lithium ion battery market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of lithium ion battery for global, Europe, North America, Asia Pacific and South America, Middle East and Africa

Major Market Competitors/Players

Few of the major competitors currently working in global lithium ion battery market are BYD Company Ltd, CALB USA Inc., VARTA Storage GmbH, Saft, Farasis Energy Inc., Sila Nanotechnologies Inc., Panasonic Corporation, LG Chem, BAK Group, SAMSUNG SDI CO. LTD., GS Yuasa International Ltd., Hitachi Ltd., Johnson Controls, TOSHIBA CORPORATION, Lithium Werks, A123 Systems LLC, ENVISION AESC SDI CO LTD., Blue Energy Limited, Li-Tec Battery GmbH, Colight India Telecom Pvt Ltd., Manz AG, Tianjin Lishen Battery Co. Ltd., among others.

Research Methodology: Global Lithium Ion Battery Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved


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