Li-ion Portable Battery Market with Future Growth Opportunity and Comprehensive Insights- LG Chem, GS Yuasa Corporation, Panasonic Corporation, Johnson Controls

The Li-ion Portable Battery Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2016 to 2027. The structured analysis contains graphical as well as a diagrammatic representation of the global Li-ion Portable Battery Market with its specific geographical regions.

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“Li-ion Portable Battery Market size was valued at USD 53.6 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 19.10% from 2020 to 2028.”

Top leading Companies Profiled in Li-ion Portable Battery Market Report are BYD Company, BAK Battery, LG Chem, GS Yuasa Corporation, Panasonic Corporation, Johnson Controls, A123 Systems, Toshiba Corporation,

Industry Recent Developments and Updates

In May 2021, CATL and Daimler Truck AG announced the intensification of their existing partnership based on their shared vision of CO2-neutral electrified trucking. CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck, which is planned to be ready for series production in 2024.

March 16, 2021 BYD Blade Battery set to revolutionise EV market-BYD Europe anticipates that its ‘game-changing’ new Blade Battery marks the start of a new era of safety and performance for the electric vehicle (EV) industry in Europe.

June 11, 2021 Schlumberger announces collaboration with Panasonic for sustainable lithium production-New Delhi: Schlumberger New Energy and Panasonic Energy of North America, a division of Panasonic Corporation of North America, announced today that they have entered into a collaboration agreement for the validation and optimization of the innovative and sustainable lithium extraction and production process to be used by Schlumberger New Energy at its Neolith Energy pilot plant in Nevada.

Panasonic Develops High Energy Lithium-ion Battery Module with High Reliability-Osaka, Japan - Panasonic Corporation has developed a 1.5 kWh battery module from 18650-type (18 mm in diameter x 65 mm in length) lithium-ion battery cells, which are widely used in laptop computers, to provide energy storage solutions for a wide range of environmentally friendly energy technologies.

StoreDot Launch of First Ever 5-Minute Charge Li-ion Battery Samples-StoreDot announces the availability of its first-generation 5-minute charge battery engineering samples. This represents a significant milestone for the company in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC batteries for the first time via a small form-factor battery cell.

Market Overview

The lithium-ion battery is used in electronic devices such as smartphones, power tools, and digital cameras. Hence, the demand for the battery in the railway industries, manufacturing sectors, and solar power is likely to surge with the rising need for storage and power backup. Long life span, reduction in battery prices, and high density will drive the market for lithium-ion batteries over the forecast period.

The electrical & electronics end-use industry is further segmented into smartphones, tablet/PC, UPS, and others. Among all electronic devices, the smartphones & tablets/PCs segment dominated the market in 2019, accounting for around 54% of the overall revenue.

Lithium Cobalt Oxide (LCO) was the prominent segment and accounted for 32.3% of the global revenue share in 2020. Growing adoption of Lithium Nickel Manganese Cobalt (NMC) in electric bikes, power tools, and other electric powering trains on account of their lower cost, longer cycle life, and higher energy density will fuel its demand over the projected period. This battery offers overall performance, excels on detailed energy, and holds high capacity and power. The segment is expected to witness a CAGR of 16.2% from 2020 to 2028 in the market for lithium-ion batteries.

Market Research Study Focus on these Types:

0–3000 mAh                                                                                                                          

3000–10000 mAh

10000–60000 mAh

Market Research Study Focus on these Applications:

Industrial

Automotive

Consumer Durables

Grid Energy

Others

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Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Li-ion Portable Battery Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Li-ion Portable Battery market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Li-ion Portable Battery market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Li-ion Portable Battery

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In conclusion, the Li-ion Portable Battery market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Li-ion Portable Battery Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

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