Lithium Ion Battery Market PDF: Growth, Outlook, Demand, Key Player Analysis and Opportunity by 2024

1. Global Lithium- Ion Battery Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Lithium-Ion Battery Market Overview: According to the latest report by IMARC Group, titled “Lithium-ion Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global lithium-ion battery market size reached US$ 28.5 Billion in 2018. A lithium ion batter refers to a type of rechargeable battery having high energy density. It requires low maintenance and high energy density. It requires low maintenance and uses an intercalated lithium compound as its electrode. These batteries are relatively lighter than other rechargeable variants of the same size. They do not need scheduled cycling to improve the self life and gave lower self-discharge rates than nickel-cadmium batteries. Since they do not have memory effect, they do not require complete discharge prior to recharging. As a result, these batteries are used in a vast vary of products including automobiles, mobiles devices, watches, cameras, pacemakers and personal computers. Lithium-ion Battery Market Trends On account of the escalating internet penetration and rising purchasing power of users, especially across the emerging economies, the sales of portable electronic devices such as mobiles and laptops are continually increasing.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Furthermore, governments of several countries have imposed strict policies regarding pollution and the consumption of non-renewable resources including oil, coal and natural gas, which is positively influencing the market growth. On account of the aforementioned factors, the market is projected to reach a value of US$ 53.8 Billion by 2024, growing at a CAGR of 11 % during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/lithium-ion-battery- market/requestsample

5. Report Description and Highlights Report Description This, coupled with the numerous advantages offered by lithium-ion batteries, is strengthening the growth of the market. In addition to this, consumers are now making a shift from traditional automobiles to electric vehicles. This can be attributed to the rising awareness amongst the users about the reduced greenhouses gases emissions associated with the usage of electric vehicles. This is further supported by tax incentives and subsidies offered b several governments to EV manufacturers. For instance, the European Union recently funded the ‘GREENLION’ collaborative project for manufacturing affordable lithium-ion batteries for EVs. Moreover. Increasing fluctuations in the supply of and demand for electricity have bolstered the demand for these batteries for use in energy storing devices such as solar grids for industrial and household application. Key Market Segmentation: Market Segmentation Product Type • • • • • Lithium cobalt Oxide Lithium Iron Phosphate Lithium Nickel Manganese Cobalt Lithium Manganese Oxide Others (Lithium Nickle Cobalt Aluminium Oxide and Lithium Titanate Oxide)

6. Report Description and Highlights Report Description On the basis of the type, the market has been categorized into lithium cobalt oxide, lithium iron phosphate, lithium nickel manganese cobalt, lithium manganese oxide and others. Amongst these, lithium cobalt oxide batteries represent the most popular type. Market Segmentation by Power Capacity • • • • 0 to 3000mAh 3000mAh to 10000mAh 10000mAh to 60000mAh More than 60000mAh Based on power capacity, batteries with a capacity of 0 to 3000mAh account for the dominant market share. Others major segments include 3000mAh to 10000mAh, 10000mAh to 60000mAh and more than 60000mAh. Market Segmentation by Region • • North America Europe

7. Report Description and Highlights Report Description • • • Asia Pacific Latin America Middle East and Africa On the geographical front, the market has been classified into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Presently Asia Pacific holds the leading position in the market. Market Segmentation by Application • • • • Consumer Electronics Electric Vehicles Energy Storage Others On the basis of the application the market has been divided into consumer electronics, electric vehicles and energy storage. Currently, the consumer electronics segment exhibits a clear dominance in the market.

8. Report Description and Highlights Report Description For more information, click here: https://www.imarcgroup.com/lithium-ion-battery-market Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • • • • • • • • • A123 Systems Automotive Energy Supply Corp. LG Chem Panasonic SAMSUNG SDI Toshiba Amperex Technology (ATL) BAK Group Blue Energy BYD CBAK Battery Tianjin Lishen Battery

9. Report Description and Highlights Report Description • • • Valence Technology SK innovation Hitachi Ltd. Browse Related Report Lithium Compound Market Report: https://www.imarcgroup.com/lithium-compound-market Ion Exchange Resins Market Report: https://www.imarcgroup.com/ion-exchange-resins-market

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12. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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