Press release
India Lithium-ion Battery Market: Valued at USD 1.91 Bn in 2021, Expected to Reach USD 5.2 Bn by 2029 with 15.3% CAGR
India lithium-ion Battery Market Report Scope and Research Methodology:Lithium-ion batteries, also known as Li-ion batteries, are rechargeable batteries that use lithium ions to store and release energy. These batteries are widely used in various applications, including portable consumer electronics, electric vehicles, and energy storage systems. They offer high energy density, low self-discharge, and no memory effect. However, they can be a safety hazard if damaged or charged improperly.
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The report explores the segments of the India lithium-ion battery market, including product type, power capacity, application, and region. Market data provided by industry participants covers regions such as North America, Asia Pacific, Europe, Middle East & Africa, and South America. The report includes a thorough analysis of historical data from 2017 to 2021, using facts, figures, illustrations, and presentations to provide key data analysis.
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What are India lithium-ion Battery Market Dynamics:
The report highlights the key drivers and trends influencing the growth of the India lithium-ion battery market. The market is witnessing significant private investments in battery manufacturing and assembly, with several billion dollars expected to be invested over the next decade. Reliance Industries, India's largest company, has ambitious plans to establish battery manufacturing facilities with capacities of 25 gigawatt-hours (GWh) in either Gujarat or Maharashtra. These investments are driven by the increasing demand for lithium-ion batteries in electric vehicles and other applications.
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India is also focusing on reducing its oil dependency and transitioning to a future powered by solar energy. The government aims to increase solar-generated power to 100 gigawatts by 2022 and promote electric vehicles with the target of having only electric cars sold in the country by 2030. The decreasing prices of lithium-ion batteries, along with advancements in battery technology, are making solar energy-battery storage combinations more feasible and driving market growth.
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India lithium-ion Battery Market Regional Insights:
The India lithium-ion battery market is witnessing significant growth in the Asia Pacific region, which accounted for the largest market share of 47 percent in 2021. The region is expected to continue its growth trajectory, driven by favorable climatic conditions, availability of raw materials, and the government's push for renewable energy sources. However, the scarcity of raw materials in developed regions like North America and Europe poses challenges for market growth.
What is India lithium-ion Battery Market Segmentation:
By Product Type:
• Lithium Cobalt Oxide
• Lithium Iron Phosphate
• Lithium Nickel Manganese Cobalt
• Lithium Manganese Oxide
• Others
By Power Capacity:
• 0 to 3000mAh
• 3000 to 10000mAh
• 10000 to 60000mAh
• More than 60000mAh
By Application:
• Consumer Electronics
• Electric Vehicles
• Energy Shortage
• Others
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Who are India lithium-ion Battery Market Key Players:
• BYD Company
• LG Chemical
• SAMSUNG SDI
• Panasonic Corporation
• BAK Power
• CLARIOS
• Toshiba Corporation
• Hitachi
• Automotive Energy Supply Corporation
• A123 Systems
• SAFT Group S.A
Table of content for the India lithium-ion Battery Market includes:
1. Global India lithium-ion Battery: Research Methodology
2. Global India lithium-ion Battery Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global India lithium-ion Battery Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global India lithium-ion Battery Market Segmentation
• Global Market, by Product Type (2022-2029)
• Global Market, by Power Capacity (2022-2029)
• Global Market, by Application (2022-2029)
5. Regional India lithium-ion Battery Market (2022-2029)
• Regional Market, by Product Type (2022-2029)
• Regional Market, by Power Capacity (2022-2029)
• Regional Market, by Application (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product Type, Power Capacity and Application
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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