Lithium-ion Battery Market Worth Swell by 18.0% from 2020 to 2027 | New Research by Allied Market Research
According to the report by Allied Market Research, the global lithium-ion battery market contributed $36.7 billion in 2019 and is estimated to reach $129.3 billion by 2027, growing at a CAGR of 18.0% from 2020 to 2027. The report offers a detailed analysis of changing market trends, key investment pockets, value chain, major segments, business performance, and competitive landscape.
Download Sample PDF(319 Pages with More Insight):https://www.alliedmarketresearch.com/request-sample/1380
Based on region, Asia-Pacific contributed the highest share in 2019, accounting for nearly two-fifths of the global lithium-ion battery market, and is estimated to maintain its lead position by 2027. On the other hand, North America is estimated to witness the highest CAGR of 18.7% during the forecast period.
In the current business scenario, the efficiency of batteries is one of the vital features that is required for the improved sale of electronic devices across the globe. Primarily, smartphones, tablets, and laptop/PCs are witnessing higher sales, compared to other electronic gadgets, due to their improved performance coupled with low prices.
• There has been decline in demand of lithium-ion batteries during the Covid-19 pandemic due to reduced demand for electric vehicles.
• Major players across the globe, especially from India and China, have announced disruptions in shipments, production, project development, and research and development activities.
• Some of the manufacturers have put a halt to projects and revising investment plans.
Get detailed COVID-19 impact analysis on the Lithium-ion Battery Market:https://www.alliedmarketresearch.com/request-for-customization/1380?reqfor=covid
The global lithium-ion battery market is segmented by end-use industry into electrical & electronics, automotive, and industrial, with others which include medical, military, and textile industries. The electrical & electronics segment was the highest contributor to the market.
Leading players of the global lithium-ion battery market analyzed in the research include Automotive Energy Supply Corporation, Samsung SDI Co. Ltd., Panasonic Corporation, LITEC Co., Ltd., LG Chem Power (LGCPI), Toshiba Corporation, A123 Systems, LLC, China BAK Battery Co. Ltd., Hitachi Chemical Co., Ltd., and GS Yuasa International Ltd.
Based on end-use industry, the electrical & electronics segment accounted for nearly half of the total revenue of the global lithium-ion battery market in 2019, and is expected to maintain its dominance during the forecast period.
For More Inquiry Connect with Our Analyst:https://www.alliedmarketresearch.com/connect-to-analyst/1380
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research/
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lithium-ion Battery Market Worth Swell by 18.0% from 2020 to 2027 | New Research by Allied Market Research here
News-ID: 2099085 • Views: 341
More Releases from Allied Market Research
Micro-Location Technology Market by Component (Hardware, Software, and services) …
Micro-location technology is used for identifying the in-house location of any object, people, or any other equipment. To track the location, micro-location technology uses various communication technologies such as Near Field Communication (NFC), Bluetooth, Beacon, WIFI, among others. Due to its enhanced functionality of determining the location more accurately, it has been adopted by many industries such as automotive, healthcare, education, and others. Micro-location technology is specially used for
Analog-to-Digital Converters Market to See Huge Growth Over 2020-2030
Allied Market Research published a new report, titled, “Analog-to-Digital Converters Market by Product (Ramp ADC, Integrating ADC, Successive Approximation ADC, Delta-sigma ADC, and Others (Pipelined/Flash ADC)), and Application (Consumer Electronics and Industrial) - Global Opportunity Analysis and Industry Forecast,, 2020-2030.” The research report provides a detailed analysis of the major market players, driving factors, challenges, opportunities, and estimations of the market from the period 2020 to 2030. Moreover, the report includes
VCSEL Market Scope in Data Communication Over 2020-2030 | Size, Share, Trends, C …
Allied Market Research published a new report, titled, “VCSEL Market by Type (Single-Mode and Multimode VCSEL), and by Application (Data Communications, Infrared Illumination, Sensing, Pumping, GPS, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2030.” The research report provides a detailed analysis of the major market players, driving factors, challenges, opportunities, and estimations of the market from the period 2020 to 2030. Moreover, the report includes a comprehensive analysis of
Memory Chip Market to undergo Substantial Growth Over 2020-2030 | Top Impacting …
Allied Market Research published a new report, titled, “Memory Chip Market by Type (Volatile (DRAM and SRAM) and Nonvolatile (PROM, EEPROM, NAND Flash, and Others)) and Application (Laptop/PCs, Camera, Smartphone, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2030.” The research report provides a detailed analysis of the major market players, driving factors, challenges, opportunities, and estimations of the market from the period 2020 to 2030. Moreover, the report includes
More Releases for Battery
Global Aircraft Battery Market
Global Aircraft Battery Market – Industry Analysis and Forecast (2018-2026) – by Type, Application, Aircraft Type, and Region. Global Aircraft Battery Market was valued at US$ 478.21Mn in 2017 and is expected to reach US$ 900.32Mn by 2026, at a CAGR of 8.23% during a forecast period. A battery is a device containing one or more cells that convert chemical energy directly into electrical energy. Major driving factors of the Aircraft Battery
Global Battery Electrolyte Market
Global Battery Electrolyte Market: Industry Analysis and Forecast (2018-2026) –By Electrolyte Type, Battery Type, End-Users and Region. Global battery electrolyte market size was valued at US$ 3.7 Bn in 2017 and is expected to reach US$ 7.0 Bn by 2026 to exhibit a CAGR of 8.3 % during a forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data,
Battery Testing Equipment Market
2019-2025 Battery Testing Equipment Market Report with Depth Analysis Technological advancements such as lead-acid batteries with increased life cycle and better efficiency have increased the demand for rechargeable batteries. More than ever before, these rechargeable batteries have increased the demand for portable products such as powered tools, et cetera. Request For Free report Sample -https://www.reportsmonitor.com/request_sample/292961 Scope of the Report: Furthermore, Battery Testing Equipment Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks
Lithium Polymer Battery Market
Lithium polymer (LiPo) battery or more accurately known as lithium ion polymer battery is a rechargeable battery found in a pouch format. LiPo battery uses polymer electrolyte instead of commonly used liquid electrolyte. This battery primarily works on the principle of de-intercalation and intercalation of lithium ions from positive electrode materials to negative electrode materials. For the purpose of providing detailed analysis, global lithium polymer battery market can be segmented
Solid State Battery Market -
Solid state batteries are the batteries which are particularly lightweight and long-lasting, owing to their being designed with electrode and electrolyte materials. The bulky, flammable, liquid-core rechargeable lithium-ion (Li-Ion) batteries of today will be made obsolete by solid-state batteries. Solid Batteries are becoming increasingly relevant with the adoption of electric vehicles (EVs) and the unending growth in usage of portable electronic devices. The key reasons driving the growth of the All-Solid-State
Global Lead Acid UPS Battery Market 2017 : Sebang Global Battery, CSB Battery, H …
Global Lead Acid UPS Battery Market 2016-2017 A market study based on the " Lead Acid UPS Battery Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Lead Acid UPS Battery Market 2017’. The research report analyses the historical as well as present performance of the worldwide Lead Acid UPS Battery industry, and makes predictions on the future status of Lead Acid UPS Battery