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Lithium ion battery market growing by 16.9%: to 2024

Energy Market Research

The Global Lithium Ion Battery Market accounted for USD 23.56 billion in 2016 and is projected to grow at a CAGR of 16.9% during the forecast period of 2017 to 2024.

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The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Complete report on Global Lithium Ion Battery Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures

Key Questions Answered in Global Lithium Ion Battery Market Report:-

Our Report offers:-

  • What will the market growth rate, Overview and Analysis by Type of Global Lithium Ion Battery Market in 2024?
  • What are the key factors driving, Analysis by Applications and Countries Global Lithium Ion Battery Market?
  • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Lithium Ion Battery Market?
  • Who are Opportunities, Risk and Driving Force of Global Lithium Ion Battery Market?
  • Who are the opportunities and threats faced by the vendors in Global Lithium Ion Battery Market? Business Overview by Type, Applications, Gross Margin and Market Share
  • What are the Global Lithium Ion Battery Market opportunities, market risk and market overview of the Market?

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Top Key Players:

  • Hitachi Ltd.
  • Panasonic Corporation
  • Johnson Controls Inc.
  • SaftGroupe SA
  • LG Chem
  • Valence Technology, Inc.
  • GS Yuasa International Ltd.
  • A123 Systems, LLC.
  • Automotive Energy Supply Corporation
  • Blue Energy Limited
  • Li-TecBattery GmbH
  • Tianjin Lishen Battery
  • BYD Company Limited
  • Kokam
  • ANZ AG and BAK Group
  • among others

Major Market Drivers:

  • Rising demand smartphones and tablets
  • Adoption of electric vehicle
  • Growing development due to more energy storage and reduction in weight and cost

Major Market Restraints:

  • High cost of recycling
  • Security issue due to excessive heating

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Customize report of "Global Lithium Ion Battery Market" as per customers requirement also available.

Market Segmentations:

Global Lithium Ion Battery Market is segmented on the basis of  

  • Type
  • Material
  • Power Capacity
  • Application
  • Geography

Market Segmentations in Details:

On the basis of Type, Global Lithium Ion Battery Market is segmented into lithium nickel manganese cobalt (Li-NMC), lithium cobalt oxide (LCO), lithium iron phosphate (LFP), lithium titanate oxide (LTO), lithium manganese oxide (LMO) and  lithium nickel cobalt aluminum oxide (NCA).

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On the basis of Material, Global Lithium Ion Battery Market is segmented into cathode, anode electrolytic solution and others. Other types of material being used are foil, separator and binder.

On the basis of Power Capacity, Global Lithium Ion Battery Market is segmented into 0 to 3,000 mAh, 3,000 mAh to 10,000 mAh, 10,000 mAh to 60,000 mAh and more than 60,000 mAh.

On the basis of Application, Global Lithium Ion Battery Market is segmented intoconsumer electronics, automotive, power, medical, industrial, aerospace and defense and marine.

On the basis of Geography,

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Competitive Landscape: Global Lithium Ion Battery Market

The Global Lithium Ion Battery Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

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