Press release
Lithium-ion Battery Market Actual Need Outlook, Supportive Judgment | Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI)
Global lithium-ion battery market was valued $36.7 billion in 2019, and is projected to reach $129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027. Lithium-ion (Lithium-ion) batteries are rechargeable batteries with high energy density and are majorly used in portable equipment. The market for these batteries is expected to witness a significant growth during the forecast period, owing to their increase in use in smartphones, tablets/PCs, digital cameras, and power tools. Moreover, Tesla announced to build a battery plant known as Giga Factory in Nevada, U.S., which is expected to start lithium-ion cell production by 2017. This project is anticipated to reduce the price of Lithium-ion batteries owing to mass production.Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=AMR817
Moreover, the demand for Lithium-ion batteries in the automobile industry is expected to increase with rise in demand for electric vehicles. These batteries have gained popularity among the automobile manufacturers, as they offer an alternative to nickel-metal batteries used in electric vehicles, due to their small size and lightweight. Thus, surge in demand for electrical vehicle (EV), hybrid electric vehicle (HEV), and plug-in hybrid vehicle (PHV) is anticipated to foster the adoption of Lithium-ion batteries, thereby driving the growth of the global market. Furthermore, upsurge in penetration of smartphones, tablet, and other sleeker portable electronic devices is expected to fuel the demand for these batteries. However, longer charging times of these batteries used in EV/PHV vehicles and their high price are the key factors that restrict the market growth.
On the contrary, increase in energy requirements by consumer gadgets is expected to create numerous growth opportunities for the players operating in the market. With technological advancements, prominent market players are manufacturing various lithium-ion batteries with higher capacity to cater to the increasing demands of battery users. For instance, AES Corporation announced to launch the world's largest lithium-ion battery capable of providing 400 MW of power. This battery is likely to replace batteries of old gas plants, which were used for power generation.
The global Lithium-ion battery market is segmented into component, end-use industry, and region. On the basis of component, the market is divided into cathode, anode, electrolytic solution, and others (foils, binders, and separators). By end-use industry, it is categorized into electrical & electronics, automotive, industrial, and others (medical, military, and textile).
Region wise, the lithium-ion battery market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Some of the key players operating in this market include Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI), LITEC Co., Ltd., A123 Systems, LLC, Toshiba Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and GS Yuasa International Ltd.
Key benefits for stakeholders
- The report provides extensive qualitative and quantitative analyses of the current trends and future estimations of the global lithium ion battery market from 2019 to 2027 to determine the prevailing opportunities
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided
- Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume
- Profiles of leading players operating in the global lithium ion battery market has been provided, and this helps can be useful for understanding the competitive scenario globally
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth
Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=AMR817
KEY MARKET SEGMENTS
- By Component
? Cathode
? Anode
? Electrolytic Solution
? Others
- By End-Use Industry
? Electrical & Electronics
o Smartphones, Tablet/PC
o UPS
o Others
? Automotive
o Cars, Buses, Trucks
o Scooters & Bikes
o Trains & Aircrafts
? Industrial
o Cranes & Forklift
o Mining Equipment
o Smart Grid & Renewable Energy Storage
- By Region
? North America
o U.S.
o Canada
o Mexico
? Europe
o Germany
o UK
o France
o Spain
o Russia
o Rest of Europe
? Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
? LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
Reasons to Purchase this Report:
Analyzing the outlook of the market with the current tendencies and SWOT analysis.
Market dynamics scenario, alongside with increase possibilities of the market in the years to come.
Market segmentation evaluation which include qualitative and quantitative lookup incorporating the have an effect on of monetary and non-economic aspects.
Regional and use degree evaluation integrating the demand and grant forces that are influencing the boom of the market.
Market fee (USD Million) and extent (Units Million) facts for every phase and sub-segment
Competitive panorama involving the market share of principal players, alongside with the new initiatives and techniques adopted by means of gamers in the previous years.
Comprehensive organization profiles masking the product offerings, key economic information, latest developments, SWOT analysis, and techniques employed through the predominant market players.
.................Some More Report..............
Anticholinergic Drugs Market: https://www.barchart.com/story/news/14578158/anticholinergic-drugs-market-size-growth-top-company-shares-regional-forecasts-to-2030
Medical Marijuana Market: https://www.barchart.com/story/news/14578156/medical-marijuana-market-size-forecast-key-players-and-geographic-regions-to-2030
Cardiovascular Information System (CVIS) Market: https://www.barchart.com/story/news/14578154/cardiovascular-information-system-cvis-market-size-swot-analysis-and-growth-strategies-by-top-companies-2022-2030
Atorvastatin API Market: https://www.barchart.com/story/news/14578152/atorvastatin-api-market-size-trend-competitive-landscape-and-forecasts-to-2030
Request full Report :- https://reportocean.com/industry-verticals/sample-request?report_id=AMR817
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES
Tel:+1 888 212 3539 (US - TOLL FREE)
Website: https://www.reportocean.com
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 Actual Need Outlook, Supportive Judgment | Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI) here
News-ID: 2951742 • Views: …
More Releases from Report Ocean

Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan.
Internet Advertising are set…

Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders…

Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030.
This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,…

Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…