Li-Ion Battery Market Research Report Information, by Fuel Type, by Feedstock Type and by Region - Forecast till 2030

Li-Ion Battery Market: Introduction
Lithium-ion (Li-ion) battery makes use of lithium ions as a crucial part of its electrochemistry. Many everyday electronic products, including earbuds, laptops, and cell phones, use lithium-ion batteries. In addition to being employed in consumer devices, these batteries are also extensively used in the electric car business. Due to the increase in interest in electric vehicles, the demand for lithium-ion batteries is anticipated to expand quickly. The market for lithium-ion batteries is expanding as a result of the increased use of these batteries in plug-in vehicles in the field of renewable energy. In addition, improvements in lithium-ion batteries have raised the emphasis on R & D. Rising acceptance of lithium-ion batteries in a variety of new applications due to price declines is also anticipated to fuel market expansion in the near future.

Li-Ion Battery Market:Overview
The size of the worldwide lithium-ion battery market was estimated at USD 41.97 billion in 2021 and is projected to increase at a CAGR of 18.1% from 2022 to 2030. Because electric car use is increasing, the automotive industry is predicted to develop significantly. Over the projected period, it is expected that there will be a significant increase in the number of electric vehicle registrations worldwide. With a revenue share of more than 75.0% in 2021, the U.S. overtook other markets to become North America's largest. The demand for lithium-ion batteries in the U.S. is anticipated to increase throughout the forecast period as a result of rising sales of electric vehicles in the country and favourable federal legislation, as well as the presence of market participants there.

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Li-Ion Battery Market: Segment Analysis
Global Li-Ion Battery Market: Major Players
GS Yuasa Corporation
TDK Corporation/Amperes Technology Ltd (ATL)
Samsung SDI
Johnson Controls
Saft Batteries
Microvast Inc.
Automotive Energy Supply Corporation (AESC)
LG Chem
eCobalt Solutions
Tesla
A123 Systems
Panasonic
BYD
Toshiba

Global Li-Ion Battery Market: Types
Lithium Cobalt Oxide (LCO)
Lithium Iron Phosphate (LFP)
Lithium Manganese Oxide (LMO)
Lithium Nickel Cobalt Aluminum Oxide (NCA)
Lithium Nickel Manganese Cobalt (Li-NMC)
Lithium Titanate Oxide (Lto )

Global Li-Ion Battery Market: Applications
Medical
Energy storage system
Marine
Aerospace and Defense
Auto motive
Industrial
Consumer Electronics
Other

Global Li-Ion Battery Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Li-Ion Battery market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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FAQ
• How big was the lithium-ion battery market in 2021?
• The market stood at US$ 21.3 Bn in 2021.
• What would be the CAGR during 2022-2031?
• What are the prominent drivers in the lithium-ion battery market?
• How promising is the demand for Lithium Cobalt Oxide (LCO) in the product type category?
• How promising is the Asia Pacific region in the lithium-ion battery market?
• Who are the prominent players in the lithium-ion battery market?

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