PUBLISHER: TechNavio | PRODUCT CODE: 1104977
PUBLISHER: TechNavio | PRODUCT CODE: 1104977
Technavio has been monitoring the cylindrical lithium-ion battery market and it is poised to grow by $ 11.88 bn during 2022-2026, accelerating at a CAGR of 7.42% during the forecast period. Our report on the cylindrical lithium-ion battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a shift in the automotive industry to EVs, an increase in demand for power banks and charging systems, and increasing use of e-cigarettes.
The cylindrical lithium-ion battery market analysis includes the application segment and geographic landscape.
Technavio's cylindrical lithium-ion battery market is segmented as below:
By Application
By Geographical Landscape
This study identifies the revisions in li-ion battery safety standards as one of the prime reasons driving the cylindrical lithium-ion battery market growth during the next few years. Also, advances in cylindrical li-ion battery capacity and a rise in battery recycling initiatives will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the cylindrical lithium-ion battery market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cylindrical lithium-ion battery market vendors that include AGM Batteries Ltd., Battery Industry, BorgWarner Inc., Contemporary Amperex Technology Co. Ltd., DLG Shanghai Electronic Technology Co. Ltd., Flux Power Holdings Inc., Hitachi Ltd., LG Chem Ltd., Lund Instrument Engineering Inc., Murata Manufacturing Co. Ltd., OptimumNano Energy Co. Ltd., Padre Electronics Co. Ltd., Panasonic Corp., PowerTech Systems, Samsung SDI Co. Ltd., Shanghai Electric Group Co. Ltd., Shenzhen Cham Battery Technology Co. Ltd., Shenzhen Zhuoneng New Energy Co. Ltd., Taiwan Cement Ltd., and TianJin Lishen Battery Joint Stock Co. Ltd. Also, the cylindrical lithium-ion battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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