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Stationary Lithium-ion Battery Market 2022: Growing Demand Analysis by Companies Strategy, Developments, Market Position, Opportunities, and New Product Launches

02-23-2022 11:54 AM CET | Energy & Environment

Press release from: Market Insights Reports

During the projected period of 2022-2028, the "Stationary Lithium-ion Battery Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Stationary Lithium-ion Battery market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.

"In accordance with the Stationary Lithium-ion Battery market is set to grow at a CAGR of 13% over the forecast period (2022-2028)."

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Market Overview
The stationary energy storage application dominated the market in 2019 and is expected to grow during the forecast period, due to its high energy density, fast recharge capability, and high discharge power, owing to which, the lithium-ion batteries are the only available technology that is capable of meeting OEM requirements.
Recycling of Li-ion batteries is expected to secure the supply of raw materials, such as lithium and cobalt, and reduce the reliance on extracting and refining materials from mineral resources. Recycling lithium-ion batteries currently being used in electric vehicles offer an excellent opportunity for companies to utilize the refined constituent materials for manufacturing lithium-ion batteries that are to be used for Energy Storage Systems (ESS).

Top Key players operating in the global Stationary Lithium-ion Battery market is:

LG Chem, Samsung SDI, BYD, Kokam, Panasonic, Leclanche, Hitachi Chemical, GS Yuasa, PowerTech Systems, CATL, Sonnen, Stem

Major Stationary Lithium-ion Battery Market Types covered are:

Li-Ni
Li-Ni-Co
Li-Mn

Major Stationary Lithium-ion Battery Market Applications covered are:

Communication Equipment
Consumer Electronics
Automobile
Other

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Asia-Pacific Region to Dominate the Market
The Asia-Pacific region dominated the global market share in 2019. With the increasing deployment of electric vehicles in countries, such as China and India, and the high demand for electronics with urbanization and increasing power purchase parity, the usage of lithium-ion batteries is expected to witness significant growth in the region.
China is one of the largest markets for electric vehicles, and the increasing adoption of electric vehicles in the country has been in line with the clean energy policy. Moreover, the Government of China has been providing both financial and non-financial incentives to promote the adoption of electric vehicles.

Regional Analysis of Global Stationary Lithium-ion Battery market:

The Stationary Lithium-ion Battery Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

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Table of Contents: Stationary Lithium-ion Battery Market

- Chapter 1: outline of Stationary Lithium-ion Battery marketplace

- Chapter 2: worldwide market reputation and forecast through areas

- Chapter 3: worldwide marketplace popularity and forecast by using types

- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise

- Chapter 5: marketplace riding issue evaluation

- Chapter 6: market opposition reputation by major producers

- Chapter 7: essential producers Presentation and market data

- Chapter 8: Upstream and Downstream marketplace investigation

- Chapter 9: Fetched and net part investigation

- Chapter 10: marketplace file end

- Chapter 11: research technique and Reference

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The database is running updated by a group of research experts to always reflect the latest trends and information.

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By Product Type, Applications & Growth Factors
Industry Status and Outlook for Major Applications / End Users / Usage Area

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