Global Lithium Ion Battery
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Lithium Ion Battery market size was USD 46.6 Billion in 2021. Lithium Ion Battery Industry's Compound Annual Growth Rate will be 17.1% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Lithium Ion Battery market size was USD 46.6 Billion in 2021. Lithium Ion Battery Industry's Compound Annual Growth Rate will be 17.1% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Lithium Ion Battery Market Sales Revenue 2030 | $ 106.51 Billion |
Global Lithium Ion Battery Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 17.1% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Lithium Ion Battery Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Rechargeable lithium-ion batteries are a current battery technology that heavily relies on lithium ions in its electrochemistry. When compared to other batteries, the Li-ion battery has the ability to have a high voltage and charge storage per unit mass and unit volume. High energy density, Low self-discharge, and a prolonged lifetime with faster charging are characteristics of lithium-ion batteries. It is frequently used in electronic consumer products including computers, PDAs, iPods, and cell phones, as well as in the automotive, military, and aerospace industries. All electronic devices use a rechargeable battery known as lithium-ion.
The growing advancement in battery technologies in terms of efficiency is expected to dominate the global Lithium-ion batteries. In addition, the growing use of electric vehicles and plug-in hybrid vehicles dominates the global lithium-ion battery market.
Increasing research and development activities by various market players offers the opportunity for the global lithium-ion battery market.
Rising concern in the transportation and storage of spent batteries may hamper the growth of the global lithium-ion battery market.
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LG Chem acquired LG Electronics for the separator business
In July 2021, LG Chem gained the separator business from LG Electronics for 525 billion won (USD 458.5 million) in order to compete in the rapidly expanding global market for electric vehicle battery materials.
Source: https://www.lgcorp.com/media/release/23662
Top Companies Market Share in Lithium Ion Battery Industry: (In no particular order of Rank)
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North America dominates the global lithium-ion battery market with the highest revenue share. This is attributed to growing sales of electronic vehicles and consumer electronics dominating the global market growth. Furthermore, Asia-Pacific is forecasted to dominate the global market in terms of growth rate. The increasing electric vehicles market in countries, such as India and China, dominates the demand for lithium-ion batteries in the country in the region.
The current report Scope analyzes Lithium Ion Battery Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Lithium Ion Battery Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Lithium Ion Battery Industry growth. Lithium Ion Battery market has been segmented with the help of its Type, Application , and others. Lithium Ion Battery market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
As per cognitive market research analysts, lithium cobalt oxide (LCO) is forecasted to dominate the global market. This is attributed to the rising demand for LCO batteries in laptops, smartphones, tablets, and cameras due to their high safety level and high energy density.
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As per cognitive market research analysts, the consumer electronics segment has the largest revenue share for the growth of the global lithium-ion battery market. This is attributed to continuous development in the consumer electronics sector dominates the demand for the global lithium-ion battery market.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Lithium Ion Battery Market is witnessing significant growth in the near future.
In 2023, the Lithium Nickel Manganese Cobalt segment accounted for noticeable share of global Lithium Ion Battery Market and is projected to experience significant growth in the near future.
The Consumer electronics and products segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BAK Group, LG Chem and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
A rechargeable battery that uses lithium-ion to store the energy is called a lithium-ion battery. The negative electrode is made from graphite, while the positive electrode is made from metal oxide.
Disclaimer:
Type | Lithium Nickel Manganese Cobalt, Lithium Titanate Oxide, Lithium Iron Phosphate, Lithium Cobalt Oxide |
Application | Consumer electronics and products, Automotive, Industrial, Others |
List of Competitors | BAK Group, BYD Company, LG Chem, Panasonic, Samsung SDI, GS Yuasa, Hitachi, Johnson Controls, Saft Groupe S.A, Toshiba Corporation, A123 Systems, Valence Technology |
This chapter will help you gain GLOBAL Market Analysis of Lithium Ion Battery. Further deep in this chapter, you will be able to review Global Lithium Ion Battery Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Lithium Ion Battery market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Lithium Nickel Manganese Cobalt have a significant impact on Lithium Ion Battery market? |
What are the key factors affecting the Lithium Nickel Manganese Cobalt and Lithium Titanate Oxide of Lithium Ion Battery Market? |
What is the CAGR/Growth Rate of Consumer electronics and products during the forecast period? |
By type, which segment accounted for largest share of the global Lithium Ion Battery Market? |
Which region is expected to dominate the global Lithium Ion Battery Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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