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Lithium Ion Battery Market to grow at 16.2% CAGR during 2018-2024

01-30-2020 12:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Lithium Ion Battery Market to grow at 16.2% CAGR during 2018-2024

Global Lithium Ion Battery Market report gives complete study of Market growth drivers, Current growth, market trends, Market structure, Market projections for upcoming years.

The Lithium Ion Battery Market is estimated to grow from US$ 37.4 Billion in 2018 to US$ 92.2 Billion by 2024, at a CAGR of 16.2% between 2018 and 2024. This report spread across 173 Pages, Profiling 10 Companies and Supported with 66 Tables and 62 figures is now available in this research.

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Top Companies profiled in the Lithium Ion Battery Market:
o BYD Company (China)
o LG Chem (South Korea)
o Panasonic (Japan)
o Samsung SDI (South Korea)
o BAK Group (China)
o GS Yuasa (Japan)
o Hitachi (Japan)
o Johnson Controls (Ireland)
o Toshiba (Japan)

The market for automotive industry is estimated to grow at a higher CAGR during the forecast period. Semiconductors and electronic products require high accuracy and extreme precision, along with high output. Factors contributing to the growth of the automotive industry in the lithium ion battery market include rising demand for energy-efficient solutions, high power and energy density, high-level safety, increased venture capital funding, and initiatives taken by government bodies to encourage the adoption of lithium ion batteries worldwide.

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The market in APAC is estimated to grow at a higher CAGR during the forecast period. Countries such as China, the Netherlands, and Germany have taken many initiatives and are setting strict regulations to support the growth of the electric vehicles market, which is expected to support the growth of the lithium ion batteries market.

The Study Objectives of this report are:
o To analyze strategic approaches such as product launches, acquisitions, contracts, agreements, and partnerships in the lithium ion battery industry

o To describe and forecast the lithium ion battery market, in terms of value, by region--North America, Europe, Asia Pacific (APAC), and RoW

o To strategically analyze micromarkets with regard to individual growth trends, prospects, and contributions to the total market

o To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders

o To describe and forecast the lithium ion battery market, in terms of value, by type, power capacity, and industry

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List of Tables:
Table 1 Li-Ion Battery: Battery Materials
Table 2 Lithium Ion Battery Market By Type, 2015-2024 (USD Million)
Table 3 Lithium Ion Battery Market for LI-NMC By Industry, 2015-2024 (USD Million)
Table 4 Lithium Ion Battery Market for LI-NMC, By Region, 2015-2024 (USD Million)
Table 5 Lithium Ion Battery Market for LFP, By Industry, 2015-2024 (USD Million)
Table 6 Lithium Ion Battery Market for LFP, By Region, 2015-2024 (USD Million)
Table 7 Lithium Ion Battery Market for LCO, By Industry, 2015-2024 (USD Million)
Table 8 Lithium Ion Battery Market for LCO, By Region, 2015-2024 (USD Million)
Table 9 Lithium Ion Battery Market for LTO, By Industry, 2015-2024 (USD Million)
Table 10 Lithium Ion Battery Market for LTO, By Region, 2015-2024 (USD Million)
Table 11 Lithium Ion Battery Market for LMO, By Industry, 2015-2024 (USD Million)
Table 12 Lithium Ion Battery Market for LMO, By Region, 2015-2024 (USD Million)
Table 13 Lithium Ion Battery Market for NCA, By Industry, 2015-2024 (USD Million)
Table 14 Lithium Ion Battery Market for NCA, By Region, 2015-2024 (USD Million)
Table 15 Lithium Ion Battery Market, By Power Capacity, 2015-2024 (USD Million)
......and More

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