PUBLISHER: Lucintel | PRODUCT CODE: 1263969
PUBLISHER: Lucintel | PRODUCT CODE: 1263969
Lithium-ion Battery Market Trends and Forecast
The future of the lithium-ion battery market looks promising with opportunities in the consumer electronics, transportation, industrial, and other markets. The global lithium-ion battery market is expected to reach an estimated $215.9 billion by 2027 with a CAGR of 21.5% from 2021 to 2027. The major drivers for this market are rapid growth in electric vehicle production, rising demand for Li-ion batteries in industrial and power storage applications, and decreasing price of Lithium-ion batteries.
Emerging Trends in the Lithium-ion Battery Market
Emerging technology trends, which have a direct impact on the dynamics of the industry, include introduction of lithium air batteries, usage of silicon alloy anodes in lithium-ion batteries, and new generation lithium-ion batteries with new families of disruptive active materials.
A total of 107 figures / charts and 68 tables are provided in this 205-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the lithium-ion battery market report, please download the report brochure.
Lithium-ion Battery Market by Segment
Lithium-ion Battery Market by Application [Value ($B) shipment analysis for 2016 - 2027]:
Lithium-ion Battery Market by Technology [Value ($B) shipment analysis for 2016 - 2027]:
Lithium-ion Battery Market by Region [Value ($B) shipment analysis for 2016 - 2027]:
US
Canada
Mexico
Germany
The United Kingdom
France
Russia
China
Japan
India
South Korea
Brazil
Argentina
List of Lithium-ion Battery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies lithium-ion battery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the lithium-ion battery companies profiled in this report includes.
Lithium-ion Battery Market Insight
Features of Lithium-ion Battery Market
FAQ
Q1. What is the lithium-ion battery market size?
Answer:The global lithium-ion battery market is expected to reach an estimated $215.9 billion by 2027
Q2. What is the growth forecast for lithium-ion battery market?
Answer:The lithium-ion battery market is expected to grow at a CAGR of 21.5% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the lithium-ion battery market?
Answer: The major drivers for this market are rapid growth in electric vehicle production, rising demand for Li-ion batteries in industrial and power storage applications, and decreasing price of Lithium-ion batteries.
Q4. What are the major applications or end use industries for lithium-ion battery?
Answer:Transportation and consumer electronics are the major end use industries for lithium-ion battery.
Q5. What are the emerging trends in lithium-ion battery market?
Answer:Emerging technology trends, which have a direct impact on the dynamics of the industry, include lithium air batteries, usage of silicon alloy anodes in lithium-ion batteries, and new generation lithium-ion batteries with new families of disruptive active materials.
Q6. Who are the key lithium-ion battery companies?
Answer:Some of the key lithium-ion battery companies are as follows:
Q7.Which lithium-ion battery product segment will be the largest in future?
Answer: Lucintel forecasts that NMC lithium-ion battery technology will remain the largest segment and it is expected to witness the highest growth over the forecast period due to its excellent electrochemical performance and low resistance.
Q8: In lithium-ion battery market, which region is expected to be the largest in next 5 years?
Answer:Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.