PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1351288
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1351288
Middle East and Africa Lithium-ion Battery Market, By Type ; By Component ; By Capacity ; By Voltage ; By Product ; By End User ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
Middle East and Africa Lithium-ion Battery Market Size Set to Touch USD 972 Million by 2029.
Middle East and Africa Lithium-ion Battery market is gaining traction because of the rising demand for smartphones and consumer electronics and technological advancements in battery manufacturing.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Middle East and Africa Lithium-ion Battery market size at USD 527.5 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Middle East and Africa Lithium-ion Battery market size to grow at a CAGR of 9.1% reaching a value of USD 971.75 million by 2029. A spurring demand for consumer electronics and domestic manufacture of consumer goods are two major growth drivers for the Middle East and Africa Lithium-ion Battery industry. Furthermore, the Middle East and Africa Lithium-ion Battery market may gain higher traction during the forecast period, due to expanding government initiatives to support the renewable energy industry and growing environmental concerns.
Middle East and Africa Lithium-ion Battery Market - Overview:
A lithium-ion battery is a type of rechargeable battery that works on the principle of lithium ions moving from the negative electrode through an electrolyte to a positive electrode and vice versa. They are extremely popular as a battery material for consumer goods and other applications due to their higher energy density, no memory effect, and low self-discharge. Therefore, lithium-ion batteries are prominently used in portable electronic and electric vehicles and often in military and aerospace applications.
Middle East and Africa Lithium-ion Battery Market
Segmental Information:
Middle East and Africa Lithium-ion Battery Market - By Component:
Based on component, the Middle East and Africa Lithium-ion Battery market is segmented into cathode, anode, electrolytic, separator, and others. The cathode segment accounts for the highest share in the Middle East and Africa Lithium-ion Battery market due to its extensive usage of it for manufacturing positive electrodes for battery cells. The Li-ion battery market is anticipated to be driven by cathodes because of their high density and increased power output. However, the market for electrolytic solutions is anticipated to register high growth since a durable electrolyte that can withstand high current voltage and temperatures is necessary for a stable and long-lasting battery.
Impact of COVID-19 on Middle East and Africa Lithium-ion Battery Market
The COVID-19 pandemic halted the growth of the Middle East and Africa Lithium-ion Battery market. The MEA region is heavily dependent on other countries including China and the United States for the import of lithium ion batteries. However, the imposition of lockdown and cross-border trade restrictions to prevent the virus spread directly impacted the supply chain of the lithium ion batteries market in the Middle East and Africa region. As a result, the Middle East and Africa lithium ion batteries experienced a sharp decline, which restrained overall market growth. The market is anticipated to expand rapidly after the region's easing of COVID-19-related regulations.
Competitive Landscape:
Major players operating in Middle East and Africa Lithium-ion Battery market include: Amperex Technology Limited, BYD Company Ltd, Codi Energy Ltd, Contemporary Amperex Technology Co Limited, Exide Technologies, GlobTek, Inc., GS Yuasa International Ltd, Jiangxi JingJiu Power Science & Technology Co LTD, Leclanche, LG Chem., LITHIUM WERKS, Panasonic Industry Co Ltd, Saft, SAMSUNG SDI CO, LTD, Shenzhen Grepow Battery Co Ltd, Shuangdeng Group Co Ltd, SK Inc., TOSHIBA CORPORATION, VARTA Microbattery GmbH, and Xiamen Tmax Battery Equipments Limited.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Middle East and Africa Lithium-ion Battery Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Middle East and Africa Lithium-ion Battery Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Middle East and Africa Lithium-ion Battery Market Insights
- 3.1. Industry Value Chain Analysis
- 3.1.1. DROC Analysis
- 3.1.2. Growth Drivers
- 3.1.2.1. Rising Demand For Smartphones And Consumer Electronics
- 3.1.2.2. Technological Advancements in Battery Manufacturing
- 3.1.3. Restraints
- 3.1.3.1. High Initial Investment
- 3.1.3.2. Limited Raw Material Availability
- 3.1.4. Opportunities
- 3.1.4.1. Energy Storage Solutions
- 3.1.4.2. Increasing Demand For Electric Vehicles
- 3.1.5. Challenges
- 3.1.5.1. Alternative Technologies
- 3.1.5.2. Regulatory Challenges
- 3.2. Technological Advancement/Recent Developments
- 3.3. Regulatory Framework
- 3.4. Porter's Five Forces Analysis
- 3.4.1. Bargaining Power of Suppliers
- 3.4.2. Bargaining Power of Buyers
- 3.4.3. Threat of New Entrants
- 3.4.4. Threat of Substitutes
- 3.4.5. Intensity of Rivalry
4. Middle East and Africa Lithium-ion Battery Market Overview
- 4.1. Market Product & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Lithium Cobalt Oxide (LCO)
- 4.2.1.2. Lithium Manganese Oxide (LMO)
- 4.2.1.3. Lithium Iron Phosphate (LFP)
- 4.2.1.4. Lithium Nickel Manganese Cobalt Oxide (LI-NMC)
- 4.2.1.5. Lithium Nickel Cobalt Aluminum Oxide (NCA)
- 4.2.1.6. Lithium Titanate Oxide (LTO)
- 4.2.2. By Component
- 4.2.2.1. Cathode
- 4.2.2.2. Anode
- 4.2.2.3. Electrolytic
- 4.2.2.4. Separator
- 4.2.2.5. Others
- 4.2.3. By Capacity
- 4.2.3.1. O-3000 mAh
- 4.2.3.2. 3000-10000 mAh
- 4.2.3.3. 10000-60000 mAh
- 4.2.3.4. 60000 mAh & Above
- 4.2.4. By Voltage
- 4.2.4.1. Low (Below 12V)
- 4.2.4.2. Medium (12V-36V)
- 4.2.4.3. High (Above 36V)
- 4.2.5. By Product
- 4.2.5.1. Cell
- 4.2.5.2. Energy Storage System (ESS)
- 4.2.5.3. Module
- 4.2.5.4. Pack
- 4.2.5.5. Others
- 4.2.6. By End User
- 4.2.6.1. Consumer Electronics
- 4.2.6.2. Automotive
- 4.2.6.3. Industrial
- 4.2.6.4. Power
- 4.2.6.5. Construction
- 4.2.6.6. Telecom
- 4.2.6.7. Aerospace & Defense
- 4.2.6.8. Marine
- 4.2.6.9. Medical
- 4.2.6.10. Others
- 4.2.7. By Country
- 4.2.7.1. Saudi Arabia
- 4.2.7.2. UAE
- 4.2.7.3. Qatar
- 4.2.7.4. Kuwait
- 4.2.7.5. South Africa
- 4.2.7.6. Nigeria
- 4.2.7.7. Algeria
- 4.2.7.8. Rest of MEA
- 4.2.1. By Type
5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. Middle East and Africa Lithium-ion Battery Company Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Covid-19 on Middle East and Africa Lithium-ion Battery Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 7.1. Amperex Technology Limited
- 7.2. BYD Company Ltd
- 7.3. Codi Energy Ltd
- 7.4. Contemporary Amperex Technology Co., Limited.
- 7.5. Exide Technologies
- 7.6. GlobTek, Inc.
- 7.7. GS Yuasa International Ltd
- 7.8. Jiangxi JingJiu Power Science& Technology Co.,LTD
- 7.9. Leclanche
- 7.10. LG Chem.
- 7.11. LITHIUMWERKS
- 7.12. Panasonic Industry Co., Ltd
- 7.13. Saft
- 7.14. SAMSUNG SDI CO.,LTD
- 7.15. Shenzhen Grepow Battery Co., Ltd
- 7.16. Shuangdeng Group Co,Ltd
- 7.17. SK Inc.
- 7.18. TOSHIBA CORPORATION
- 7.19. VARTA Microbattery GmbH
- 7.20. Xiamen Tmax Battery Equipments Limited
- 7.21. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Country
- 9.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1: Middle East and Africa Lithium-ion Battery Segmentation
- Figure 2: Middle East and Africa Lithium-ion Battery Market Value Chain Analysis
- Figure 3: Company Market Share Analysis, 2022
- Figure 4: Middle East and Africa Lithium-ion Battery Market Size, By Value (USD Million), 2019-2029
- Figure 5: Middle East and Africa Lithium-ion Battery Market Share, By Type, By Value, 2019-2029
- Figure 6: Middle East and Africa Lithium-ion Battery Market Share, By Component, By Value, 2019-2029
- Figure 7: Middle East and Africa Lithium-ion Battery Market Share, By Capacity, By Value, 2019-2029
- Figure 8: Middle East and Africa Lithium-ion Battery Market Share, By Voltage, By Value, 2019-2029
- Figure 9: Middle East and Africa Lithium-ion Battery Market Share, By Product, By Value, 2019-2029
- Figure 10: Middle East and Africa Lithium-ion Battery Market Share, By End User, By Value, 2019-2029
- Figure 11: Middle East and Africa Lithium-ion Battery Market Share, By Country, By Value, 2019-2029
List of Tables
- Table 1: Middle East and Africa Lithium-ion Battery Market Size, By Value (USD Million), 2019-2029
- Table 2: Middle East and Africa Lithium-ion Battery Market Size, By Type, By Value, 2019-2029
- Table 3: Middle East and Africa Lithium-ion Battery Market Size, By Component, By Value, 2019-2029
- Table 4: Middle East and Africa Lithium-ion Battery Market Size, By Capacity, By Value, 2019-2029
- Table 5: Middle East and Africa Lithium-ion Battery Market Size, By Voltage, By Value, 2019-2029
- Table 6: Middle East and Africa Lithium-ion Battery Market Size, By Product, By Value, 2019-2029
- Table 7: Middle East and Africa Lithium-ion Battery Market Size, By End User, By Value, 2019-2029
- Table 8: Middle East and Africa Lithium-ion Battery Market Size, By Country, By Value, 2019-2029
- Table 9: Amperex Technology Limited Company Overview
- Table 10: Amperex Technology Limited Financial Overview
- Table 11: BYD Company Ltd Company Overview
- Table 12: BYD Company Ltd Financial Overview
- Table 13: Codi Energy Ltd Company Overview
- Table 14: Codi Energy Ltd Financial Overview
- Table 15: Contemporary Amperex Technology Co., Limited. Company Overview
- Table 16: Contemporary Amperex Technology Co., Limited. Financial Overview
- Table 17: Exide Technologies Company Overview
- Table 18: Exide Technologies Financial Overview
- Table 19: GlobTek, Inc. Company Overview
- Table 20: GlobTek, Inc. Financial Overview
- Table 21: GS Yuasa International Ltd Company Overview
- Table 22: GS Yuasa International Ltd Financial Overview
- Table 23: Jiangxi JingJiu Power Science& Technology Co.,LTD Company Overview
- Table 24: Jiangxi JingJiu Power Science& Technology Co.,LTD Financial Overview
- Table 25: Leclanche Company Overview
- Table 26: Leclanche Financial Overview
- Table 27: LG Chem. Company Overview
- Table 28: LG Chem. Financial Overview
- Table 29: LITHIUMWERKS Company Overview
- Table 30: LITHIUMWERKS Financial Overview
- Table 31: Panasonic Industry Co., Ltd Company Overview
- Table 32: Panasonic Industry Co., Ltd Financial Overview
- Table 33: Saft Company Overview
- Table 34: Saft Financial Overview
- Table 35: SAMSUNG SDI CO.,LTD Company Overview
- Table 36: SAMSUNG SDI CO.,LTD Financial Overview
- Table 37: Shenzhen Grepow Battery Co., Ltd Company Overview
- Table 38: Shenzhen Grepow Battery Co., Ltd Financial Overview
- Table 39: Shuangdeng Group Co,Ltd Company Overview
- Table 40: Shuangdeng Group Co,Ltd Financial Overview
- Table 41: SK Inc. Company Overview
- Table 42: SK Inc. Financial Overview
- Table 43: TOSHIBA CORPORATION Company Overview
- Table 44: TOSHIBA CORPORATION Financial Overview
- Table 45: VARTA Microbattery GmbH Company Overview
- Table 46: VARTA Microbattery GmbH Financial Overview
- Table 47: Xiamen Tmax Battery Equipments Limited Company Overview
- Table 48: Xiamen Tmax Battery Equipments Limited Financial Overview
