Lithium-Ion Battery Market, Industry Trends, Size, Competitive Analysis and Forecast 2019-2025

The lithium-ion battery is a rechargeable battery in which lithium ions move from cathode to anode. It is used to power various applications such as electric vehicles, toys, drones, and so on. In addition, its popularity is growing in military applications and aerospace applications. The market is expected to show significant growth due to increasing demand for consumer electronics such as cameras, laptop, game player, toys, and others. In addition, increasing market of the electric vehicle further augments the growth of the market in the future. Another major factor driving the growth of the market include advantages offered by lithium-ion batteries such as low self-discharge rate and longer shelf life. However, the presence of alternatives in the market and high manufacturing cost of lithium-ion batteries hinders the growth of the market.

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The global lithium ion battery market on the basis of the geographical regions is analyzed as North America, Europe, Asia-Pacific and Rest of the world. North America is further sub-segmented into the US and Canada, Europe in the UK, France, Germany, Italy, Spain, and the rest of Europe. While Asia-Pacific is further analyzed on the basis India, China, Japan and rest of Asia-Pacific. Asia-Pacific is estimated to be dominating the market in 2018 owing to the supportive government policies for promoting electric vehicles in India and China.
The market is segmented on the basis of type and end-user. On the basis of types, the market is segmented into lithium cobalt oxide, lithium manganese oxide, lithium nickel manganese cobalt oxide, lithium iron phosphate, lithium nickel cobalt aluminum oxide, and lithium titanate. On the basis of end-user, the market is segmented into automotive applications, consumer electronics, and industrial applications.

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Global Lithium-Ion Battery Market Segmentation

By Type
o Lithium Cobalt Oxide
o Lithium Manganese Oxide
o Lithium Nickel Manganese Cobalt Oxide
o Lithium Iron Phosphate
o Lithium Nickel Cobalt Aluminium Oxide
o Lithium Titanate

By End-Users
o Automotive Applications
o Consumer Electronics
o Industrial Applications

Company Profiles
o A123 systems, LLC
o Alevo Group S.A.
o Altair Nanotechnologies Inc.
o Ashland Global Specialty Chemicals Inc.
o Automotive Energy Supply Corporation
o BASF SE
o Boston-power, Inc.
o Contemporary Amperex Technology Co., Ltd.
o Energus Power Solutions, Ltd.
o GS Yuasa International Ltd.
o Hitachi Chemical Co., Ltd
o Johnson Controls International PLC
o LG Chem Ltd.
o MaxPower Inc.
o OXIS Energy Ltd.

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