Press release
Lithium Ion Battery Market to Witness Huge Growth by 2024 | Leading Key Players: Tesla, Panasonic, Samsung, Hitachi Chemical, GS Yuasa, Philips, Sanyo, LG Chem, EnerDel
Global lithium ion battery market will exceed USD 60 billion by 2024, as reported in the latest study.
Growing adoption of electric vehicles coupled with government initiatives to promote sustainable energy utilization will drive the lithium ion battery market . In 2015, electric car registrations witnessed a 70% increase from the previous year with 550,000 vehicles sold across the globe. According to EIA, China and the U.S accounted for 336 and 159 thousand electric vehicle sales respectively in 2016.
Request a sample of this premium Research Report at: https://www.marketstudyreport.com/request-a-sample/467574/
Japan lithium ion battery market is set to witness growth over 8% by 2024. Positive outlook towards automotive sector along with growing adoption of smart devices will stimulate the product demand. In 2016, Japan accounted for over 13 GWh of automotive lithium ion cell manufacturing capacity representing 237% increase from 2014 level. Government focus to limit emissions along with shifting trend towards renewable energy utilization will further augment the industry growth.
Industrial lithium ion battery market is to surpass USD 9 billion by 2024. These products find wide ranging applications across defense and healthcare sector where capacity, energy density and safety are of paramount importance. Ability to provide higher current makes its adoption preferable across heavy industries including mining, oil & gas and construction.
Lithium cobalt oxide (LCO) market is projected to witness gains over 6% on account of rising demand for portable electronic devices. These products are predominantly deployed across mobile phones, smart watches, activity tracker, digital cameras, and laptops owing to its ability to offer high specific energy. LCO consist of carbon graphite carbon anode and a lithium cobalt oxide cathode. However, low thermal stability, short life span and limited load capabilities of lithium cobalt oxide batteries may hamper the business growth.
Middle East and Africa lithium ion battery market in 2016, was valued over USD 1 billion and is projected to witness growth owing to ongoing investment towards renewable energy grid infrastructure development. Investment toward expansion of micro grid across remote areas will further stimulate the product demand.
Key players in lithium ion battery market include Tesla, Panasonic, Samsung, Hitachi Chemical, GS Yuasa, Philips, A123 Systems, Sanyo, LG Chem, EnerDel, Toshiba, Prologium, Valence, Exide, Saft Batteries, Energies Power, Roofer, Padre Electronics, Ding Tai, Johnson Controls and Duracell.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467574/
Table of Content:
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definition & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Lithium ion battery industry 3600 synopsis, 2014 – 2024
2.1.1. Business trends
2.1.2. Components trends
2.1.3. Application trends
2.1.4. Product trends
2.1.5. Regional trends
Chapter 3. Lithium Ion Battery Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 – 2024 (USD Million)
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Price trend analysis
3.4.1. North America
3.4.2. Europe
3.4.3. Asia-Pacific
3.4.4. Middle East & Africa
3.4.5. Latin America
3.5. Lithium ion battery manufacturing landscape
3.5.1. Critical Raw Material (CRM) landscape
3.5.1.1. Cobalt
3.5.1.2. Natural Graphite
3.5.1.3. Silicon Metal
3.5.1.4. Lithium
3.5.2. Cell component manufacturing landscape
3.5.2.1. Cathode
3.5.2.2. Aluminum foil
3.5.2.3. Anode
3.5.2.4. Copper foil
3.5.2.5. Electrolytes
3.5.2.6. Separators
3.6. Innovation and technology landscape
3.7. Comparative analysis of batteries
3.7.1. Lithium ion batteries vs Graphene batteries
3.7.2. Lithium ion batteries vs Lithium Polymer batteries
3.8. Regulatory landscape
3.8.1. U.S.
3.8.2. European Union
3.8.3. Scotland
3.8.4. UK
3.8.5. Brazil
3.8.6. China
3.8.7. Japan
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.1.1. High energy density and longer shelf life
3.9.1.2. Low self-discharge level
3.9.1.3. Increased spending on consumer electronics
For More Details about this report: https://www.marketstudyreport.com/reports/lithium-ion-battery-market
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Web site: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lithium Ion Battery Market to Witness Huge Growth by 2024 | Leading Key Players: Tesla, Panasonic, Samsung, Hitachi Chemical, GS Yuasa, Philips, Sanyo, LG Chem, EnerDel here
News-ID: 1213889 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Lithium
Lithium Compounds Market To Witness Massive Growth | Competitive Outlook Albemar …
Lithium compounds market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account 20.04 billion by 2027 growing with the CAGR of 20.90% in the above-mentioned forecast period. Huge investments in infrastructure developments is a vital factor driving the growth of lithium compounds market swiftly.
The Lithium Compounds Market research report assesses the ongoing as well as future…
Lithium Compounds Market 2020-2025 Global Analysis & Opportunity Assessment | Li …
The global Lithium Compound market size is projected to reach over USD 9 billion by 2025. Lithium is an alkali metal that is generally present among the soil, human body, animals, and plants. It is a light weight metal with less density when compared to other elements. The lithium compounds, primarily find its application in rechargeable and non-rechargeable batteries. The lithium is primarily used across glass & ceramics, Li-ion batteries,…
Lithium Compounds Market Analysis & Industry Outlook 2019-2025| Livent Corporati …
The global Lithium Compound market size is projected to reach over USD 9 billion by 2025. Lithium is an alkali metal that is generally present among the soil, human body, animals, and plants. It is a light weight metal with less density when compared to other elements. The lithium compounds, primarily find its application in rechargeable and non-rechargeable batteries. The lithium is primarily used across glass & ceramics, Li-ion batteries,…
Lithium Compounds Market Scenario & Industry Outlook 2019-2025| Livent Corporati …
The global lithium compound market size is projected to reach over USD 9 billion by 2025.The report on lithium compound market is aimed to equip report readers with versatile understanding on diverse marketing opportunities that are rampantly available across regional hubs. A thorough assessment and evaluation of these factors are likely to influence incremental growth prospects in the lithium compound market.
Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/1445
Additionally, in this…
Lithium Fluoride Market players Jiangxu Ganfeng Lithium, Harshil Fluoride Brivo …
The developing in the glass, optics and electronic and electrical industries has initiated a high demand for Lithium and related compounds. Lithium and lithium based compounds are one the key substances that have dynamic usage, either as a feedstock or as product. One of the most commercially important compound is Lithium fluoride. Lithium fluoride is an odorless, crystalline lithium salt manufactured by the reaction of lithium hydroxide with hydrogen fluoride.…
Lithium Hydroxide Market | Key Players are FMC Corporation, Sociedad Quimica Min …
Lithium Hydroxide (LiOH) is an inorganic compound that is insoluble in water and partially soluble in ethanol. It is commercially available as a monohydrate (LiOH.H2O) and in anhydrous form, both of which are strong bases. On the basis of purity level, it is also available in battery grade and technical grade. Lithium hydroxide is manufactured by means of a metathesis reaction between calcium hydroxide and lithium carbonate and it finds…
