Press release
Lithium-ion Battery Market Is Projected To Hit Usd129.3 Billion By 2027 At A Cagr Of 18.0% - Valuates Reports
The global lithium-ion battery market was valued at USD 36.7 billion in 2019, and is projected to hit USD129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027.
View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-1G27/lithium-ion-battery
The boom in demand for smartphones and other electronics products, as well as the rise in electric vehicles, are some of the main factors driving the lithium-ion battery market size. Furthermore, the implementation of strict government regulations to regulate rising pollution levels is expected to boost the demand for Lithium-Ion as the alternative solution to ICE vehicles.
TRENDS INFLUENCE THE GROWTH OF LITHIUM ION BATTERY MARKET SIZE
One of the main applications of lithium-ion batteries is in the automotive industry. Lithium-ion batteries are used extensively in battery-powered vehicles such as electric vehicles, hybrid vehicles, e-bikes, and automated guided vehicles. The demand for these vehicles is expected to expand due to rising EV adoption and understanding, which is fueled in part by the implementation of various environmental standards and pollution regulations. As a result, the market for Li-ion batteries has increased. Furthermore, the growth of lithium-ion battery market size is propelled by falling battery costs, making the total cost of ownership for a passenger EV reach parity with internal-combustion-engine (ICE) vehicles.
Continuous technological advancements have aided the growth of the lithium-ion battery market size in consumer electronics. Li-ion batteries are in high demand for consumer electronics because they have a higher density, are more durable, take less time to recharge, and store more energy than other batteries.
Increasing adoption of Li-ion batteries in smart grid and energy storage system is expected to increase the growth of the Lithium-ion market size. The power industry is working to produce renewable energy and store it for future use. Low cost, minimal installation space, and a low self-discharge rate are some of the factors driving the adoption of lithium-ion batteries in smart grid and renewable energy storage systems. Furthermore, these batteries are more resistant to high temperatures, making them ideal for use in remote areas and for thermal control applications.
The implementation of strict government regulations to regulate rising pollution levels is expected to boost the growth of the Lithium-ion market size. The government is increasingly using regulatory policies combined with incentives for switching to renewables to encourage consumers to make the change to EVS.
Inquire For Sample: https://reports.valuates.com/request/sample/ALLI-Manu-1G27/Lithium_ion_Battery_Market
KEY SEGMENTATION
By Component
Cathode
Anode
Electrolytic Solution
Others
By End-use Industry
Electrical & Electronics
Smartphones &Tablet/PC
UPS
Others
Automotive
Cars, Buses, &Trucks
Scooters & Bikes
Trains & Aircraft
Industrial
Cranes & Forklift
Mining Equipment
Smart Grid & Renewable Energy Storage
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
CONTACT US:
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp : +91 9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Linkedin - https://in.linkedin.com/company/valuatesreports
Facebook - https://www.facebook.com/valuatesreports
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Is Projected To Hit Usd129.3 Billion By 2027 At A Cagr Of 18.0% - Valuates Reports here
News-ID: 2310414 • Views: …
More Releases from Valuates Reports
Software-Defined Everything (SDE) Market Size, Trends & Forecasts | Valuates Rep …
Software-Defined Everything (SDE) Market
Software-defined everything (SDE) is an umbrella term for a number of technologies that are helping redefine IT. Currently, this group of technologies encompasses software-defined networking (SDN), software-defined storage (SDS), and software-defined data centers (SDDC). Each approach aims to abstract the operating environment from physical infrastructure, while automating the processes that manage the infrastructure. By freeing businesses from proprietary hardware and simplifying the provisioning and management of IT…
AI Server Market Size, Trends & Forecasts | Valuates Reports
AI Server Market Size
The global AI Server market is projected to grow from US$ 31720 million in 2024 to US$ 78810 million by 2030, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-24S15068/Global_AI_Server_Market_Research_Report_2023?utm_source=openpr&utm_medium=referral&utm_campaign=openpr_referral
Major Trends
The global AI server market is driven by several key factors, including the rising adoption of artificial intelligence across various industries, advancements in AI technology, and the increasing need for…
Precision Air Conditioner Market Size, Trends & Forecasts | Valuates Reports
Precision Air Conditioner Market Size
The global Precision Air Conditioner revenue was US$ 4926.8 million in 2022 and is forecast to a readjusted size of US$ 7815.6 million by 2029 with a CAGR of 6.8% during the forecast period (2023-2029).
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-38A15722/Global_and_India_Precision_Air_Conditioner_Market_Report_Forecast_2023_2029?utm_source=openpr&utm_medium=referral&utm_campaign=openpr_referral
The key precision air conditioning manufacturers are Vertiv, Stulz, Daikin etc. Top 3 companies occupied about 30% market share. China is the largest market, with a share about 35%,…
Non-Segregated Phase Bus Duct Market Set to Surge - Key Insights You Must Know
Non-Segregated Phase Bus Duct Market
Non-segregated phase bus is an assembly of bus conductors with associated connections, joints, and insulating supports confined within a metal enclosure without interphase barriers.
The global Non-Segregated Phase Bus Duct market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-21G10197/Global_Non_Segregated_Phase_Bus_Duct_Market_Insights_Forecast_to_2028?utm_source=openpr&utm_medium=referral&utm_campaign=openpr_referral
North American market for Non-Segregated Phase Bus Duct…
More Releases for Rest
Elisa Bertaglia: The Rest
Elisa Bertaglia: The Rest
Opening: November 7, 6-8 PM
Exhibition: Nov 7 - Dec 6, 2025
Artist Walkthrough: November 15, 2025, 2-4 PM
SARAHCROWN announces Elisa Bertaglia's third solo show with the gallery, showcasing her newest series of paintings about rest as an active practice of renewal.
SARAHCROWN is pleased to announce The Rest, Elisa Bertaglia's third solo exhibition with the gallery. This new body of work is inspired by the idea of rest…
An APIOps Platform , REST API Development
The pandemic's pandemonium served as a lesson in the value of adaptability, composability, and flexibility for both organizations and their ingrained technologies. Additionally, the rapid digitization of the world has made international connectivity more crucial than ever. Both of these domains benefit from API technology, which will make them even more crucial over the coming year. The user experience, centralization, and automated delivery of new APIs with integrated testing, security,…
Livpure Launches Back Rest Cushion
Livpure Sleep is one the flagship brands of the SAR group. A company with a fast-paced growth in corporate India and a valued legacy, Livpure has swooped the sleeping solutions market and with a wide range of smart and innovative products. Livpure understands consumer’s need for comfort and sleep. Livpure, a manufacturer of water purifiers, air conditioners, air coolers, air purifiers, and other home-focused smart solutions, has jumped into the…
Compart Goes REST API
DocBridge© Pilot 3.8, the new version of the output management software for cost-optimized Omnichannel customer communication, is now available. The most important innovation of the current release is an open programming interface based on the REST technology (API), which allows the user an even better integration of DocBridge© Pilot into his existing document and output management structures.
Without time-consuming scripting, functions and data of DocBridge© Pilot can be retrieved via URLs…
Agrochemicals Market in Rest of World
ReportsWorldwide has announced the addition of a new report title Rest of World: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports.
The report “Rest of World: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG)…
Rest Room Courtesy Is Still Appreciated
Respecting strangers is common courtesy; at least it should be. Kudos to those who respects others’.
Historically, restroom courtesy has been engrained in ethics of social responsibility. After all, since grade school, most people have learned the value of picking up behind themselves, when using public rest rooms.
Yet unfortunately, there are still countless people who lack rest room courtesy.
As a commercial cleaning and building maintenance service provider, too often, Allen Maintenance…
