Lithium ion Battery Market Growing Need for Clean Sustainable Fuel

​Lithium ion Battery Market are a part of rechargeable battery group. Lithium-ion batteries offer high storage capacity, better efficiency and long lifecycle than other batteries. The demand for these batteries are increasing in various applications such as consumer electronics products, automotive application such as EVs and HEVs and energy storage systems in power plants and household electricity. The global lithium-ion battery market is anticipated to grow with a significant rate between 2016 and 2024. The rising demand for electronic devices and the stringent government regulations to control pollution level are expected to drive the lithium-ion battery market during the forecast period.

This study analyzes, estimates, and forecasts the global Lithium ion Battery Market in terms of volume (Units) and revenue (US$ Mn) from 2016 to 2024. Market numbers given in the report describe the demand for Lithium ion Battery Market, but not production or supply. The Lithium-ion Battery report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

The report provides comprehensive analysis of the Lithium-ion Battery by power capacity range and applications. It segments the lithium-ion battery market into range of power capacity that include 5-25 Wh, 48-95 Wh, 18-28 KWh, 100-250 KWh and more than 300 KWh. It further segments the market into the following key applications: consumer electronics, automotive and grid energy & industrial segment. The report also segments the market based on major geographies into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It further provides volume and revenue for each application segment for each region. This includes 12 unique country-specific analysis.

Based on the application and country, the report analyzes the attractiveness of each segment and country with the help of an attractiveness tool. The study consist of value chain analysis, which offers a better understanding of key companies in the supply chain from raw material manufacturers to end-users. Additionally, the study examines market competition through Porter’s Five Forces Analysis.

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The report includes an overview of the market share of key companies in the global Lithium ion Battery Market. Market share of companies has been derived on the basis of production by manufacturers of controlled release fertilizers. Key market players profiled in the study include Automotive Energy Supply Corporation (AESC), Panasonic Corporation, GA Yuasa Corporation, Hitachi Chemical Co. Ltd., Johnson Controls, Inc., LG Chem Power, Inc., Samsung SDI Co. Ltd., Toshiba Corporation. Profiles of key participants comprise important parameters such as company overview, financial overview, business strategy, and recent developments.

Primary research represents the majority of our research efforts, complemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of technical writing, recent trade, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most consistent, effective, and productive approach for procuring precise market data, recognizing business opportunities, and understanding industry participants’ perceptions.

Secondary research sources that are typically referred to include broker reports, corporation websites, external patented databases, financial reports, stockholder presentations, Securities & Exchange Commission filings, proprietary databases and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market.

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Lithium ion Battery Market to Rise with Growing Focus on Electric Vehicles

battery

Lithium ion battery market is consolidated in nature, with the top three players accounting for a share of over 57% in 2025. Panasonic Corporation, Samsung SDI Co. Ltd., and LG Chem Power Inc. offer stiff competition to new entrants owing to the competitive advantage they possess in terms of the easy access to raw materials. Transparency Market Research predicts that the degree of rivalry in the lithium ion battery market will remain high throughout the forecast period.

Competitive pricing, offering dedicated services, and developing innovative application-specific performance materials are some of the key strategies adopted by leading companies. Recognizing the potential lithium-ion batteries present in the automotive sector, Panasonic Corporation collaborated with Tesla Motors in 2014 to set up a new lithium ion battery manufacturing company in North America.

The opportunity in the global lithium ion battery market is poised to rise from US$29.68 bn in 2015 to US$77.42 bn in 2024, registering a strong CAGR of 11.6% therein.

By power capacity, the low power lithium-ion battery (5-25 Wh) segment held the lead in the global market, accounting for a 35% share in 2015. On the other hand, the 18-28 KWh segment is projected to witness significant growth in the coming years, registering a 16.7% CAGR by value from 2016 to 2024. Based on application, the consumer electronics segment accounted for the leading share in the lithium ion battery market in terms of revenue. However, TMR predicts that market saturation in several countries will enable the automotive segment to gain much momentum, exhibiting the fastest growth during the forecast period.

Geographically, Asia Pacific presently leads the global market for lithium-ion batteries, enjoying a share of over 48% in 2015. This region is also projected to expand at a significant pace in terms of demand and sales during the course of the forecast period. By value, the APAC lithium ion battery market will register a 12.5% CAGR from 2016 to 2024.

This 142 page report gives readers a comprehensive overview of the Lithium ion Battery Market. Browse through 17 data tables and 77 figures to unlock the hidden opportunities in this market:

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=251

Need for Alternative Fuels Drives Demand for Lithium-ion Batteries

A growing shift toward sustainable clean fuels in the automotive sector is a key factor driving the lithium ion battery market. TMR finds that the demand for high power capacity batteries for automobiles has gained precedence in recent years with the rising usage of these batteries in EVs, HEVs, and BEVs.

“The increasing level of awareness among consumers and automobile manufacturers alike regarding the benefits of clean fuel, the declining availability of natural resources, and the soaring prices of fossil fuels have warranted the need for alternate solutions and this has significantly driven the global lithium ion battery market,” the author of the report states.

The market is also fueled by the rising demand for smartphones and other consumer electronics, TMR finds. A rise in the global population and a surge in consumer disposable income can be attributed to the growing demand for lithium-ion batteries.

In contrast, the high prices of these batteries, safety concerns associated with the use of lithium-ion batteries, and the lack of appropriate charging infrastructure threaten the growth of the global market.

Lithium ion Battery Market Trends, and Forecast 2024

Lithium ion Battery Market are a part of rechargeable battery group. Lithium-ion batteries offer high storage capacity, better efficiency and long lifecycle than other batteries. The demand for these batteries are increasing in various applications such as consumer electronics products, automotive application such as EVs and HEVs and energy storage systems in power plants and household electricity. The global lithium-ion battery market is anticipated to grow with a significant rate between 2016 and 2024. The rising demand for electronic devices and the stringent government regulations to control pollution level are expected to drive the lithium-ion battery market during the forecast period.

This study analyzes, estimates, and forecasts the global Lithium ion Battery Market in terms of volume (Units) and revenue (US$ Mn) from 2016 to 2024. Market numbers given in the report describe the demand for global lithium-ion battery, but not production or supply. The Lithium ion Battery Market report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

The report provides comprehensive analysis of the Lithium ion Battery Market by power capacity range and applications. It segments the Lithium ion Battery Market into range of power capacity that include 5-25 Wh, 48-95 Wh, 18-28 KWh, 100-250 KWh and more than 300 KWh. It further segments the market into the following key applications: consumer electronics, automotive and grid energy & industrial segment. The report also segments the market based on major geographies into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It further provides volume and revenue for each application segment for each region. This includes 12 unique country-specific analysis.

This 146 page report gives readers a comprehensive overview of the Lithium ion Battery Market. Browse through 26 data tables and 32 figures to unlock the hidden opportunities in this market:

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=251

Based on the application and country, the report analyzes the attractiveness of each segment and country with the help of an attractiveness tool. The study consist of value chain analysis, which offers a better understanding of key companies in the supply chain from raw material manufacturers to end-users. Additionally, the study examines market competition through Porter’s Five Forces Analysis.

The report includes an overview of the market share of key companies in the global Lithium ion Battery Market. Market share of companies has been derived on the basis of production by manufacturers of controlled release fertilizers. Key market players profiled in the study include Automotive Energy Supply Corporation (AESC), Panasonic Corporation, GA Yuasa Corporation, Hitachi Chemical Co. Ltd., Johnson Controls, Inc., LG Chem Power, Inc., Samsung SDI Co. Ltd., Toshiba Corporation. Profiles of key participants comprise important parameters such as company overview, financial overview, business strategy, and recent developments.

Primary research represents the majority of our research efforts, complemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of technical writing, recent trade, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most consistent, effective, and productive approach for procuring precise market data, recognizing business opportunities, and understanding industry participants’ perceptions.

Secondary research sources that are typically referred to include broker reports, corporation websites, external patented databases, financial reports, stockholder presentations, Securities & Exchange Commission filings, proprietary databases and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market. Secondary sources referred for this study include Chemical Week Magazine, ICIS Chemical Business Magazine, Hoover’s, Factiva, and company presentations.

Lithium-ion Battery Market Batteries Offer Advantages such as Higher Efficiency & Longer Lifespan

The report includes an overview of the market share of key companies in the global Lithium-ion Battery Market. Market share of companies has been derived on the basis of production by manufacturers of controlled release fertilizers. Key market players profiled in the study include Automotive Energy Supply Corporation (AESC), Panasonic Corporation, GA Yuasa Corporation, Hitachi Chemical Co. Ltd., Johnson Controls, Inc., LG Chem Power, Inc., Samsung SDI Co. Ltd., Toshiba Corporation. Profiles of key participants comprise important parameters such as company overview, financial overview, business strategy, and recent developments.

Primary research represents the majority of our research efforts, complemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of technical writing, recent trade, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most consistent, effective, and productive approach for procuring precise market data, recognizing business opportunities, and understanding industry participants’ perceptions.

Secondary research sources that are typically referred to include broker reports, corporation websites, external patented databases, financial reports, stockholder presentations, Securities & Exchange Commission filings, proprietary databases and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market. Secondary sources referred for this study include Chemical Week Magazine, ICIS Chemical Business Magazine, Hoover’s, Factiva, and company presentations.

Request A Sample Of This Report:

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=251

This study analyzes, estimates, and forecasts the global Lithium-ion Battery market in terms of volume (Units) and revenue (US$ Mn) from 2016 to 2024. Market numbers given in the report describe the demand for global lithium-ion battery, but not production or supply. The Lithium-ion Battery report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

The report provides comprehensive analysis of the Lithium-ion Battery by power capacity range and applications. It segments the lithium-ion battery market into range of power capacity that include 5-25 Wh, 48-95 Wh, 18-28 KWh, 100-250 KWh and more than 300 KWh. It further segments the market into the following key applications: consumer electronics, automotive and grid energy & industrial segment. The report also segments the market based on major geographies into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It further provides volume and revenue for each application segment for each region. This includes 12 unique country-specific analysis.