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Get more information about the market: https://www.imarcgroup.com/lithium-ion-battery-market<br><br>The global lithium-ion battery market reached a value of more than US$ 25 Billion in 2017, growing at a CAGR of 12% during 2010-2017. A lithium-ion battery, also known as a Li-ion battery (LIB), is a type of rechargeable battery in which lithium ions move from the anode to the cathode. Unlike nickel-cadmium batteries, lithium-ion batteries are able to endure more charge/discharge cycles and do not need to be discharged prior to recharging. <br><br>Want more information about this market? Request a free report sample: https://www.imarcgroup.com/request?type=report&id=1071&flag=B<br><br>Contact Us<br><br>IMARC Group<br>James Smith<br>Email: Sales@imarcgroup.com<br>Tel No:(D) 91 120 433 0800 | https://www.imarcgroup.com<br>Americas :- 1 631 791 1145 | Africa and Europe :- 44-702-409-7331<br>Linkedin: https://www.linkedin.com/company/imarc-group<br>
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Global Lithium-ion Battery Market Report and Forecast Till 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved
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Report Description and Highlights Report Description Lithium-ion Battery Market Report By Product Type (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt, and Others), Application (Consumer Electronics, Electric Vehicles, Energy Storage and Others), Power, Region In recent years, the global lithium-ion battery market has experienced a healthy growth. This can be accredited to the expanding applications of lithium-ion batteries in the production of electric vehicles and solar electric systems due to their lightweight, high energy density and negligible memory impact. Market Overview: According to the latest report by IMARC Group, titled “Lithium-ion Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global lithium-ion battery market reached a value of more than US$ 25 Billion in 2017, growing at a CAGR of 12% during 2010-2017. A lithium-ion battery, also known as a Li-ion battery (LIB), is a type of rechargeable battery in which lithium ions move from the anode to the cathode. Unlike nickel-cadmium batteries, lithium-ion batteries are able to endure more charge/discharge cycles and do not need to be discharged prior to recharging. Some of the other advantages offered by these batteries include lightweight, low maintenance, high energy density and minimal memory impact. Owing to these factors, lithium-ion batteries can be used for a wide range of applications ranging from automobiles to mobile devices and personal computers.
Report Description and Highlights Report Description • Market Trends: • On account of a rise in environmental concerns across the globe, the governments of several countries have imposed strict policies on the consumption of non-renewable resources like oil, coal and natural gas. In line with this, the utilization of solar electric systems and electric vehicles (EVs) is proliferating. The growing demand for lithium-ion batteries in these systems is providing a thrust to the market growth. Several governments are also offering tax incentives and subsidies to EV manufacturers to curb GHG emissions. For instance, the European Union recently funded the ‘GREENLION’ collaborative project for manufacturing affordable lithium-ion batteries for EVs. Apart from this, technological advancements are expected to assist in the introduction of low-cost batteries with higher power output, thereby creating a positive outlook for the market in the upcoming years. Due to these factors, the market value is projected to reach around US$ 49 Billion by 2023, expanding at a CAGR of more than 11% during 2018-2023. • Lithium-ion Battery Market Segmentation: • Market Segmentation by Product Type • Lithium Cobalt Oxide • For more information, click here: https://www.imarcgroup.com/lithium-ion-battery-market
Market Forecast Sample Figure: Global: Lithium-ion Battery Market Forecast: Sales Value (in Billion US$), 2018-2023
Market Segmentation Report Description • Lithium Iron Phosphate • Lithium Nickel Manganese Cobalt • Lithium Manganese Oxide • Others (Lithium Nickel Cobalt Aluminium Oxide and Lithium Titanate Oxide) • Based on type, the market has been segmented as lithium cobalt oxide, lithium iron phosphate, lithium nickel manganese cobalt, lithium manganese oxide and others. Currently, lithium cobalt oxide batteries dominate the market, holding the largest share. This can be attributed to their high energy density which assists in enhancing the battery-life of portable electronic devices like laptops, cameras, etc. • Market Segmentation by Power Capacity • 0 to 3000mAh • 3000mAh to 10000mAh • 10000mAh to 60000mAh • More than 60000mAh • On the basis of power capacity, batteries with a capacity of 0 to 3000mAh account for the majority of the total market share. Other segments include 3000mAh to 10000mAh, 10000mAh to 60000mAh and more than 60000mAh.
Market Segmentation Report Description • Request for a sample report: https://www.imarcgroup.com/request?type=report&id=1071&flag=B • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Africa • Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the leading market, accounting for around a half of the global market share. Increasing penetration of electric vehicles in the region is providing a boost to the market growth. • Market Segmentation by Application • Consumer Electronics • Electric Vehicles • Energy Storage • Others
Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America
Market Segmentation Report Description • On the basis of application, the market has been segregated into consumer electronics, electric vehicles and energy storage. Lithium-ion batteries are one of the most preferred choices for consumer electronic products, such as tablets, laptops and smartphones, on account of their various advantages. • 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
Market Segmentation Report Description • Tianjin Lishen Battery • Valence Technology • SK innovation • Hitachi Ltd. • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.
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Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients
Report Description and Highlights Report Description © 2018 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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