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Analysis and Insight on Lithium Ion Battery Market with Major Players

The overall lithium ion battery market is expected to grow from USD 37.4 billion in 2018 to USD 92.2 billion by 2024, at a CAGR of 16.2%. The growth of this market is being fueled by increase in demand for plug-in vehicles, growing need for automation and battery-operated material-handling equipment in industries, growing demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for industrial applications.

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Analysis and Insight on Lithium Ion Battery Market with Major Players

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  1. Lithium Ion Battery Market worth $92.2 billion by 2024 MarketsandMarkets Pre Lithium Ion Battery Market by Type (Li-NMC, LFP, LCO, LTO, LMO, NCA), power Capacity (0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh), Industry (Consumer Electronics, Automotive, Medical, Industrial), and Region - Global Forecast to 2024 Publishing Date: August 2017

  2. About our Report The overall lithium ion battery market is expected to grow from USD 37.4 billion in 2018 to USD 92.2 billion by 2024, at a CAGR of 16.2%. The growth of this market is being fueled by increase in demand for plug-in vehicles, growing need for automation and battery-operated material-handling equipment in industries, growing demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for industrial applications. The study has involved 4 major activities to estimate the current market for lithium ion batteries. Exhaustive secondary research has been conducted to collect information on the market, peer market, and parent market. Validation of these findings and assumptions with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation procedures have been used to estimate the market size of each segment and subsegment.

  3. Lithium Ion Battery Market Download Sample Pages :- https://www.marketsandmarkets.com/requestsampleNew.asp?id=49714593 Key players operating in the lithium ion battery market include BYD Company (China), LG Chem(South Korea), Panasonic (Japan), Samsung SDI (South Korea), BAK Group (China), GS Yuasa (Japan), Hitachi (Japan), Johnson Controls (Ireland), Toshiba (Japan), Lithium Werks (The Netherlands), CALB (China), SaftGroupe, (France), VARTA Storage (Germany), Farasis Energy (California), and SilaNanotechnologies (California).

  4. Inside of Report Browse:  66 market data tables.  61 figures spread through 172 pages.  in in- -depth depth TOC TOC on on “ “Lithium Lithium Ion Ion Battery Battery Market Market - - Global Global Forecasts Forecasts to to 2024 2024” ” APAC held the largest size of the lithium ion battery market in 2018. APAC is home to a large number of semiconductor and electronics companies and increasing trend to implement high power battery and safety with low energy wastage are expected to open up new market opportunities for lithium ion battery in APAC. China and India are the fastest growing economies in the world. Demand for lithium ion batteries is very high in Asia Pacific owing to the ever-increasing population and its need for consumer electronics. The market in China is expected to grow mainly because of the huge number of lithium ion battery manufacturing companies in China and Japan. A major share of lithium ion batteries are manufactured in APAC—specifically in China, Japan, and South Korea.

  5. Table of Content 1 1 Introduction (Page No. - 17) 1.1 Study Objectives 1.2 Definition 1.3 Scope of the Study 1.3.1 Markets Covered 1.3.2 Years Considered 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2 Research Methodology (Page No. - 20) 2.1 Research Data 2.1.1 Secondary Data . . 15 Appendix (Page No. - 164) 15.1 Insights of Industry Experts 15.2 Discussion Guide

  6. Company Coverage •BYD Company (China), •LG Chem (South Korea), •Panasonic (Japan), •Samsung SDI (South Korea), •BAK Group (China), •GS Yuasa (Japan), •Hitachi (Japan), •Johnson Controls (Ireland), •Toshiba (Japan), •Lithium Werks(The Netherlands), •CALB (China), •SaftGroupe, (France), •VARTA Storage (Germany), •Farasis Energy (California), and •SilaNanotechnologies (California).

  7. Summary The overall lithium ion battery market is expected to grow from USD 37.4 billion in 2018 to USD 92.2 billion by 2024, at a CAGR of 16.2%. The growth of this market is being fueled by increase in demand for plug-in vehicles, growing need for automation and battery-operated material- handling equipment in industries, growing demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for industrial applications. APAC held the largest size of the lithium ion battery market in 2018. APAC is home to a large number of semiconductor and electronics companies and increasing trend to implement high power battery and safety with low energy wastage are expected to open up new market opportunities for lithium ion battery in APAC. China and India are the fastest growing economies in the world. Demand for lithium ion batteries is very high in Asia Pacific owing to the ever-increasing population and its need for consumer electronics. The market in China is expected to grow mainly because of the huge number of lithium ion battery manufacturing companies in China and Japan. A major share of lithium ion batteries are manufactured in APAC—specifically in China, Japan, and South Korea. Key players operating in the lithium ion battery market include BYD Company (China), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), BAK Group (China), GS Yuasa (Japan), Hitachi (Japan), Johnson Controls (Ireland), Toshiba (Japan), Lithium Werks(The Netherlands), CALB (China), SaftGroupe, (France), VARTA Storage (Germany), Farasis Energy (California), and SilaNanotechnologies (California).

  8. Get detail of this Report ? MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. For More Information: https://www.marketsandmarkets.com/Market-Reports/lithium-ion-battery-market- 49714593.html Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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