Press release
Lithium Ion Battery Market is Estimated to Grow at a CAGR of 17.1% within the forecast period of 2023-2030: Cognitive Market Research
Lithium Ion Battery Market is Estimated to Grow at a CAGR of 17.1% within the forecast period of 2023-2030
Rechargeable lithium-ion batteries are a current battery technology that heavily relies on lithium ions in its electrochemistry. When compared to other batteries, the Li-ion battery has the ability to have a high voltage and charge storage per unit mass and unit volume. High energy density, Low self-discharge, and a prolonged lifetime with faster charging are characteristics of lithium-ion batteries. It is frequently used in electronic consumer products including computers, PDAs, iPods, and cell phones, as well as in the automotive, military, and aerospace industries. All electronic devices use a rechargeable battery known as lithium-ion.
Summary:
• As per study of CMR, The Global Lithium Ion Battery Market is estimated to be valued at USD 46.6 Bn in 2021 and is expected to exhibit a CAGR of 17.1% during the forecast period (2022-2030).
• North America dominates the global lithium-ion battery market with the highest revenue share
• The consumer electronics segment has the largest revenue share for the growth of the global lithium-ion battery market
• lithium cobalt oxide (LCO) is forecasted to dominate the global market.
• The growing advancement in battery technologies in terms of efficiency is expected to dominate the global Lithium-ion batteries
To know more about The Lithium Ion Battery Market statistics click here: https://www.cognitivemarketresearch.com/lithium-ion-battery-market-report
Market Dynamics:
Global Lithium-Ion Battery Market Drivers
The growing advancement in battery technologies in terms of efficiency is expected to dominate the global Lithium-ion batteries. In addition, the growing use of electric vehicles and plug-in hybrid vehicles dominates the global lithium-ion battery market.
Global Lithium-Ion Battery Market Opportunity
Increasing research and development activities by various market players offers the opportunity for the global lithium-ion battery market.
Global Lithium-Ion Battery Market Restrain
Rising concern in the transportation and storage of spent batteries may hamper the growth of the global lithium-ion battery market.
Global Lithium-Ion Battery Market Scope
Type:
• Lithium Nickel Manganese Cobalt (LI-NMC)
• Lithium Titanate Oxide (LTO)
• Lithium Iron Phosphate (LFP)
• Lithium Cobalt Oxide (LCO)
As per cognitive market research analysts, lithium cobalt oxide (LCO) is forecasted to dominate the global market. This is attributed to the rising demand for LCO batteries in laptops, smartphones, tablets, and cameras due to their high safety level and high energy density.
Application:
• Consumer electronics and products
• Automotive
• Industrial
• Others (Energy, Medical, and Military)
As per cognitive market research analysts, the consumer electronics segment has the largest revenue share for the growth of the global lithium-ion battery market. This is attributed to continuous development in the consumer electronics sector dominates the demand for the global lithium-ion battery market.
Competitive Analysis of Lithium Ion Battery Market: BAK Group, BYD Company, LG Chem, Panasonic, Samsung SDI, GS Yuasa, Hitachi, Johnson Controls, Saft Groupe S.A, Toshiba Corporation, A123 Systems, Valence Technology
Get free sample pages of the latest published Lithium Ion Battery Market Report: https://www.cognitivemarketresearch.com/lithium-ion-battery-market-report
North America dominates the global lithium-ion battery market.
North America dominates the global lithium-ion battery market with the highest revenue share. This is attributed to growing sales of electronic vehicles and consumer electronics dominating the global market growth. Furthermore, Asia-Pacific is forecasted to dominate the global market in terms of growth rate. The increasing electric vehicles market in countries, such as India and China, dominates the demand for lithium-ion batteries in the country in the region.
Global Lithium-Ion Battery Market Recent Development:
LG Chem acquired LG Electronics for the separator business
In July 2021, LG Chem gained the separator business from LG Electronics for 525 billion won (USD 458.5 million) in order to compete in the rapidly expanding global market for electric vehicle battery materials.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Lithium Ion Battery Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Lithium Ion Battery Market Segmentation
1.5.1 Lithium Ion Battery Market Regional Fragmentation
1.5.1 Lithium Ion Battery Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Lithium Ion Battery Market
• 3.1 Global Lithium Ion Battery Market Size 2018 - 2030, (USD Million)
• 3.2 Global Lithium Ion Battery Value, Absolute & Opportunity Analysis
• 3.3 Global Lithium Ion Battery Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Lithium Ion Battery Market Statistics 2022: Snapshot
Chapter 4 Global Lithium Ion Battery Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Lithium Ion Battery Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Lithium Ion Battery Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Lithium Ion Battery Market Regional Analysis
Chapter 12 North America Lithium Ion Battery Market Outlook (2018 - 2030)
Chapter 13 Europe Lithium Ion Battery Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Lithium Ion Battery Market Outlook (2018 - 2030)
Chapter 15 Latin America Lithium Ion Battery Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Lithium Ion Battery Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Lithium Ion Battery Market TOC click here: https://www.cognitivemarketresearch.com/lithium-ion-battery-market-report
Related Report:
• Electric Vehicle Market- https://www.cognitivemarketresearch.com/electric-vehicle-market-report
• Battery Management System Market- https://www.cognitivemarketresearch.com/battery-management-system-market-report
• Lithium ion Battery Separator Market- https://www.cognitivemarketresearch.com/lithium-ion-battery-separator-market-report
• Lithium Ion Battery Separator Material Market- https://www.cognitivemarketresearch.com/lithium-ion-battery-separator-material-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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 is Estimated to Grow at a CAGR of 17.1% within the forecast period of 2023-2030: Cognitive Market Research here
News-ID: 2985375 • Views: …
More Releases from Cognitive Market Research
Ultra Fine Copper Powder Market is estimated to grow at a CAGR of 7.1% during th …
Market Overview:
- The term "ultra-fine copper powder" refers to a finely divided type of copper that is distinguished by its exceedingly small particle size and large surface area. It is made using a variety of processes, such as mechanical grinding, electrolysis, and chemical precipitation. Ultra-fine copper powder typically has particles between a few nanometres and a few micrometers in size.
Summary:
- As per Cognitive Market Research, Global Ultra-Fine Copper…
Premium Branding and Status Symbol boosts the Global Metal Card Market: Cognitiv …
Market Overview:
- A metal card typically refers to a credit or debit card that is made from metal materials instead of traditional plastic. These cards are often associated with premium or high-end credit card offerings and are designed to provide a more luxurious and prestigious feel. Metal cards are usually made from materials such as stainless steel, titanium, or other alloys, which gives them a solid and durable construction.…
Slot Machines Market is projected to grow at a CAGR of 12.9% within the forecast …
Market Overview:
A slot machine is operated by inserting coins into a slot and by pulling down on a long handle. It features a set of spinning reels with various symbols on them. Players or individuals insert coins or tokens into the machine and then pull a lever or press a button to activate the reels. The earliest slot machine technology was created with mechanical reels powered by random number generators.…
Mechanical Seals Market is estimated to grow at a CAGR of 4.8% within the foreca …
Market Overview:
A mechanical seal is only a way to keep fluid inside a vessel usually pumps, mixers, etc. when a rotating shaft passes through a stationary housing or, on rare occasions, when the housing rotates around the shaft. Mechanical seals are devices used to prevent leakage between two components or systems that are connected by a rotating shaft. They are commonly used in pumps, compressors, mixers, and other equipment that…
More Releases for Lithium
Lithium Compounds Market To Witness Massive Growth | Competitive Outlook Albemar …
Lithium compounds market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account 20.04 billion by 2027 growing with the CAGR of 20.90% in the above-mentioned forecast period. Huge investments in infrastructure developments is a vital factor driving the growth of lithium compounds market swiftly.
The Lithium Compounds Market research report assesses the ongoing as well as future…
Lithium Compounds Market 2020-2025 Global Analysis & Opportunity Assessment | Li …
The global Lithium Compound market size is projected to reach over USD 9 billion by 2025. Lithium is an alkali metal that is generally present among the soil, human body, animals, and plants. It is a light weight metal with less density when compared to other elements. The lithium compounds, primarily find its application in rechargeable and non-rechargeable batteries. The lithium is primarily used across glass & ceramics, Li-ion batteries,…
Lithium Compounds Market Analysis & Industry Outlook 2019-2025| Livent Corporati …
The global Lithium Compound market size is projected to reach over USD 9 billion by 2025. Lithium is an alkali metal that is generally present among the soil, human body, animals, and plants. It is a light weight metal with less density when compared to other elements. The lithium compounds, primarily find its application in rechargeable and non-rechargeable batteries. The lithium is primarily used across glass & ceramics, Li-ion batteries,…
Lithium Compounds Market Scenario & Industry Outlook 2019-2025| Livent Corporati …
The global lithium compound market size is projected to reach over USD 9 billion by 2025.The report on lithium compound market is aimed to equip report readers with versatile understanding on diverse marketing opportunities that are rampantly available across regional hubs. A thorough assessment and evaluation of these factors are likely to influence incremental growth prospects in the lithium compound market.
Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/1445
Additionally, in this…
Lithium Fluoride Market players Jiangxu Ganfeng Lithium, Harshil Fluoride Brivo …
The developing in the glass, optics and electronic and electrical industries has initiated a high demand for Lithium and related compounds. Lithium and lithium based compounds are one the key substances that have dynamic usage, either as a feedstock or as product. One of the most commercially important compound is Lithium fluoride. Lithium fluoride is an odorless, crystalline lithium salt manufactured by the reaction of lithium hydroxide with hydrogen fluoride.…
Lithium Hydroxide Market | Key Players are FMC Corporation, Sociedad Quimica Min …
Lithium Hydroxide (LiOH) is an inorganic compound that is insoluble in water and partially soluble in ethanol. It is commercially available as a monohydrate (LiOH.H2O) and in anhydrous form, both of which are strong bases. On the basis of purity level, it is also available in battery grade and technical grade. Lithium hydroxide is manufactured by means of a metathesis reaction between calcium hydroxide and lithium carbonate and it finds…
