Lithium-Ion Battery Manufacturing Equipment Market Trends, Sales, Status and Key Players: Siemens, Hitachi High technologies, Targray, Sovema Group, Manz, LG Chem Ltd. and Panasonic Corporation

Lithium-ion battery manufacturing equipment market Overview
The lithium-ion battery manufacturing equipment market is expected to be valued at USD 68.97 billion by 2022, growing at a CAGR of 16.6% between 2016 and 2022. The type of lithium-cobalt oxide (LCO) battery is expected to have the largest share of the world market for lithium-ion batteries in 2016. The energy density of any LCO battery is very high and the cost of manufacturing these batteries is quite reasonable due to its use of carbon and cobalt graphite. The market for lithium-nickel-manganese-cobalt batteries is expected to grow at the highest rate between 2016 and 2022. The combination of nickel and manganese provides the required precision and efficiency. Separately, both are not very efficient because nickel has a high energy density, but its stability is poor and manganese forms a spinel structure that has low internal resistance but low energy density.

The lithium-ion battery manufacturing equipment market is expected to grow at a CAGR of 5.3% from 2018 to 2025 to reach USD 1.92 billion by 2025.

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Capacities from 0 to 3000 mAh accounted for most of the lithium-ion battery manufacturing equipment market segmented according to the power. DVD players, portable CD players, digital cameras, smartphones, camcorders, portable devices, power tools, power banks, toys, bluetooth, GPS, blackbox, tablets and various other consumer electronic products are powered by batteries with a capacity of 3000 mAh. These batteries can also be assembled in a module format for applications that require greater capacity. The battery market from 10000 mAh to 60000 mAh is expected to grow at the highest level during the forecast period. Lithium-ion batteries with a capacity between 10000 and 60000 mAh are used in industries that require high power. These applications include electric vehicles, handling equipment, marine applications, robots, industrial applications, telecommunications systems, energy storage system platforms, military applications, and GEO, LEO and MEO satellites.

The consumer electronics industry is expected to dominate the market during the forecast period. For better performance and greater reliability, consumer electronics products rely heavily on the portable power source. Lithium-ion batteries are a preferred choice for consumer electronic products as a portable power source due to the characteristics of high energy density and reduced recharge time.

Drivers and Restraints:
The growth of the lithium-ion battery manufacturing equipment market is propelled by the increase in demand for electric vehicle, strict government mandates on fuel economy, growing demand for smart devices and other consumer electronics, and development toward enhancement of lithium ion batteries. One of the key restraining factors for the lithium-ion battery manufacturing equipment market are overheating, which poses security concerns and inadequate charging infrastructure.

Geographic Segmentation:
The lithium-ion battery manufacturing equipment market based on geography is segmented in North America, Europe, Asia-Pacific and LAMEA. Electronics is currently the most productive sector for this market due to the increasing adoption of lithium-ion batteries in smartphones, tablets, laptops and personal computers. However, the automotive sector is expected to be the most lucrative due to the growing demand for electric vehicles and hybrid vehicles in countries such as China, the United States and Japan.

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Key Players:
The key market players of lithium-ion battery manufacturing equipment market such as Siemens, Hitachi High technologies, Targray, Sovema Group, Manz, LG Chem Ltd. and Panasonic Corporation are focusing on the strategies such as contracts, agreements, and partnerships to enhance their geographical presence and expand their business.

Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.

The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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