Press release
18650 Lithium Battery Market will reach 6800 million US$ in 2023
A lithium-ion battery or Li-ion battery is a type of rechargeable battery in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. Li-ion batteries use an intercalated lithium compound as one electrode material, compared to the metallic lithium used in a non-rechargeable lithium battery. The electrolyte, which allows for ionic movement, and the two electrodes are the constituent components of a lithium-ion battery cell. Cells with a cylindrical shape are made in a characteristic "swiss roll" manner, which means it is a single long sandwich of positive electrode, separator, negative electrode and separator rolled into a single spool. The main disadvantage of this method of construction is that the cell will have a higher series inductance.
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Global 18650 Lithium Battery Market: Forecast by Type / Application / Region
18650 Lithium Battery industry is relatively concentrated, manufacturers are mostly in the Japan, Korea and China. At the meantime, Asia-Pacific sales value accounted for more than 68% of the total global market value of 18650 Lithium Battery in 2017. Panasonic (Sanyo) is the world leading manufacturer in global 18650 Lithium Battery market with the market share of 51.52%, in terms of revenue.
Compared to 2016, 18650 Lithium Battery market increased sales by 9.15 percent to 6030.17 million USD worldwide in 2017 from 5524.43 million USD in 2016. It shows that the 18650 Lithium Battery market performance is positive, despite the weak economic environment.
The worldwide market for 18650 Lithium Battery is expected to grow at a CAGR of roughly 2.0% over the next five years, will reach 6800 million US$ in 2023, from 6030 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Panasonic (Sanyo)
Samsung SDI
LG Chem
Sony
Wanxiang (A123 Systems)
Hitachi
Tianjin Lishen
Hefei Guoxuan
Dongguan Large Electronics
OptimumNano
DLG Electronics
Zhuoneng New Energy
CHAM BATTERY
Padre Electronic
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Related Information:
United States 18650 Lithium Battery Market 2018 Forecast to 2023
Europe 18650 Lithium Battery Market 2018 Forecast to 2023
North America 18650 Lithium Battery Market 2018 Forecast to 2023
Asia-Pacific 18650 Lithium Battery Market 2018 Forecast to 2023
China 18650 Lithium Battery Market 2018 Forecast to 2023
EMEA 18650 Lithium Battery Market 2018 Forecast to 2023
Global 18650 Lithium Battery Market 2018 Forecast to 2023
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