Lithium-Ion Battery Market to Witness Huge Growth by Key Players: BYD Company, LG Chem, Panasonic, Samsung SDI, BAK Group, GS Yuasa, Hitachi, Johnson Controls, Toshiba and Others.

According to Market Study Report, Lithium-Ion Battery Market provides a comprehensive analysis of the Lithium-Ion Battery Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Lithium-Ion Battery Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Lithium-ion Battery Market size is expected to grow at a CAGR of 16.4% from 2020 to 2025, reaching USD 94.4 Billion by 2025 from USD 44.2 Billion in 2020. This report spread across 180 pages, profiling 10 companies and supported with 80 tables and 58 figures are now available in this research.

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)

"High energy density boosts the demand for lithium nickel manganese oxide (Li-NMC), witnessing the highest CAGR during the forecast period."
The market for lithium nickel manganese oxide (Li-NMC) is estimated to grow at a higher CAGR during the forecast period. The automotive industry has dominated the lithium-ion battery market. Electric vehicles require high capacity and high power that can only be provided by the use of the NMC battery type. The use of new electrolytes and additives support the charging of cell up to 4.4 V/cell. The NMC cell is growing in its range as three components involved are easy to blend and be made useful for a wide range of applications from the automotive industry to the energy storage system (ESS).

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"Lithium-ion battery market in APAC to witness the highest growth rate in the coming years"
The lithium-ion battery industry in APAC is expected to grow at the highest CAGR from 2020 to 2025.The automotive, consumer electronics, and power industry applications are expected to drive the demand for advanced batteries in the region. Countries such as China, the Netherlands, and Germany have implemented many initiatives and are setting strict regulations to support the growth of the electric vehicles market, which in turn, is expected to support the growth of the lithium-ion batteries market.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 30%, Tier 2 - 38%, and Tier 3 - 32%
o By Designation: C-Level Executives - 44%,Directors - 38%, and Others - 18%
o By Region: North America - 30%, Europe - 25%, APAC - 26%, and RoW - 19%

Competitive Landscape of Lithium-Ion Battery Market:
1 Introduction
2 Market Ranking Analysis
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Strength Of Product Portfolio(20 Players)
5 Business Strategy Excellence (20 Players)
6 Competitive Situations And Trends
6.1 Product Launches And Developments
6.2 Expansions, Partnerships, Agreements, And Collaborations
6.3 Others

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Research Coverage:
This research report categorizes the lithium-ion battery market by capacity, voltage, type, industry, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to this market, as well as the value chain and market ranking analysis.

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