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Worldwide Lithium-Ion Battery Market to reach US $ 101 Billion by 2029 - Comprehensive Research Report by Exactitude Consultancy

02-02-2023 12:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Exactitude Consultancy

The global Lithium-Ion Battery Market size is projected to reach USD 101 Billion by 2029, from 38 Billion in 2020, at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period.

The Global Lithium-Ion Battery Market size 2023 research report covers explicit information regarding the development rate, market estimates, drivers, limitations, future-based demand, and revenue during the forecast period. The report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries.

Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. The Global Lithium-Ion Battery Market consists of data accumulated from numerous primary and secondary sources. This information has been verified and validated by the industry analysts, thus providing significant insights to the researchers, analysts, managers, and other industry professionals. This document further helps in understanding market trends, applications, specifications, and market.

๐†๐ž๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐ญ๐จ ๐„๐ฆ๐š๐ข๐ฅ:
https://exactitudeconsultancy.com/reports/2950/lithium-ion-battery-market/#request-a-sample

KEY INDUSTRY DEVELOPMENTS:

September 2021- The Toshiba Corporation, Sojitz Corporation, and CBMM have entered into JDA (Joint Development Agreement) to commercially the next-generation lithium-ion batteries by using niobium titanium oxide for anode material.

May 2021- The commercial vehicle manufacturer, Daimler Truck AG, and lithium-ion battery manufacturer, CATL, extended their existing partnership based on their shared vision of CO2 neutral electrified trucking. CATL will be a supplier of Li-ion battery packs for the Mercedes-Benz eActros Longhaul battery-electric truck, which will be ready for series production in 2024.

Major Leading Players in Lithium-Ion Battery Market:

BYD Company (China), LG Chem (South Korea), Contemporary Amper-ex Technology Co. Ltd. (CATL) (China), Samsung SDI (South Korea), Panasonic Corporation (Japan), BAK Group (China), GS Yuasa Corporation (GS Yuasa) (Japan), Hitachi (Japan), Clarios (Germany), and Toshiba Corporation (Japan).

Pre-Post COVID-19 Impact on Global Lithium-Ion Battery Market

COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.

In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Lithium-Ion Battery Market, since end-user industries were still not operating at their full capacity.

๐’๐ž๐œ๐จ๐ง๐๐š๐ซ๐ฒ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Lithium-Ion Battery Market research study made extensive use of secondary sources, directories, and databases such as Hoover's, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

๐๐ซ๐ข๐ฆ๐š๐ซ๐ฒ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

๐„๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž

The total size of the Lithium-Ion Battery Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

๐„๐ฑ๐ญ๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ฌ๐ž๐œ๐จ๐ง๐๐š๐ซ๐ฒ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ฐ๐š๐ฌ ๐ฎ๐ฌ๐ž๐ ๐ญ๐จ ๐ข๐๐ž๐ง๐ญ๐ข๐Ÿ๐ฒ ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ'๐ฌ ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ.

The revenues generated by the market's leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ:

https://exactitudeconsultancy.com/reports/2950/lithium-ion-battery-market/#inquire-for-discount

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Š๐ž๐ฒ ๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐€๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

What focused approach and constraints are holding the Lithium-Ion Battery Market demand?

SWOT Analysis of each defined key player along with its profile and Porter's five forces analysis to complement the same.

What trends, challenges and barriers will impact the development and sizing of the Global Lithium-Ion Battery Market?

Detailed Overview of Market will help deliver clients and businesses making strategies.

Influencing factors that are thriving demand and latest trends running in the market.

Market forecast for global Lithium-Ion Battery Market split into segments like region, product, applications, end-user, technology, etc.

What is the Lithium-Ion Battery Market growth momentum or market carries during the forecast period?

Which region may tap the highest market share in the coming era?

Which application/end-user category or Product Type may seek incremental growth prospects?

Connect Us:

PHONE NUMBER +1 (704) 266-3234

EMAIL ADDRESS: sales@exactitudeconsultancy.com

About Us

Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.

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