Lithium-ion battery Market in North America 2024-2028

Description

List of Tables

The lithium-ion battery market in North America is forecasted to grow by USD 20.03 bn during 2023-2028, accelerating at a CAGR of 18% during the forecast period. The report on the lithium-ion battery market in North America 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 regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high adoption of wearable technology, growth in demand for EVs, and opening of new lithium-ion battery manufacturing facilities.

Technavio's lithium-ion battery market in North America is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	17.5%
CAGR	18%
Incremental Value	$20.03bn

By Type

Lithium nickel manganese cobalt
Lithium iron phosphate
Lithium cobalt oxide
Others

By Application

Automotive
Consumer electronics
Energy storage and others

This study identifies the decline in lithium-ion battery price as one of the prime reasons driving the lithium-ion battery market in North America growth during the next few years. Also, emergence of ultrathin lithium polymer batteries and increasing technological advancement in lithium-ion battery by vendors will lead to sizable demand in the market.

The report on the lithium-ion battery market in North America covers the following areas:

Lithium-ion battery market in North America sizing
Lithium-ion battery market in North America forecast
Lithium-ion battery market in North America industry analysis

The 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 lithium-ion battery market in North America vendors that include A123 Systems LLC, AT and T Inc., BYD Co. Ltd., CLARIOS LLC, Enphase Energy Inc., General Electric Co., GS Yuasa International Ltd., Hitachi Ltd., Johnson Controls International Plc, Koninklijke Philips N.V., LG Chem Ltd., Maxell Ltd., Panasonic Holdings Corp., Samsung SDI Co. Ltd., Sony Group Corp., TDK Corp., Tesla Inc., The Duracell Co., Toshiba Corp., and TRU Group Inc.. Also, the lithium-ion battery market in North America 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.

The publisher 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. The 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.

Product Code: IRTNTR77524

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Lithium-ion battery market in North America 2018 - 2022
4.2 Type Segment Analysis 2018 - 2022
4.3 Application Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Type

6.1 Market segments
6.2 Comparison by Type
6.3 Lithium nickel manganese cobalt - Market size and forecast 2023-2028
6.4 Lithium iron phosphate - Market size and forecast 2023-2028
6.5 Lithium cobalt oxide - Market size and forecast 2023-2028
6.6 Others - Market size and forecast 2023-2028
6.7 Market opportunity by Type

7 Market Segmentation by Application

7.1 Market segments
7.2 Comparison by Application
7.3 Automotive - Market size and forecast 2023-2028
7.4 Consumer electronics - Market size and forecast 2023-2028
7.5 Energy storage and others - Market size and forecast 2023-2028
7.6 Market opportunity by Application

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 US - Market size and forecast 2023-2028
9.4 Canada - Market size and forecast 2023-2028
9.5 Mexico - Market size and forecast 2023-2028
9.6 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 A123 Systems LLC
12.4 AT and T Inc.
12.5 BYD Co. Ltd.
12.6 Enphase Energy Inc.
12.7 General Electric Co.
12.8 GS Yuasa International Ltd.
12.9 Hitachi Ltd.
12.10 Johnson Controls International Plc
12.11 LG Chem Ltd.
12.12 Panasonic Holdings Corp.
12.13 Samsung SDI Co. Ltd.
12.14 TDK Corp.
12.15 Tesla Inc.
12.16 The Duracell Co.
12.17 Toshiba Corp.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations