Lithium Ion Battery Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Lithium Ion Battery Market
The global lithium-ion battery market size was valued at USD 46.2 billion in 2022, and the lithium-ion battery industry is projected to reach USD 189.4 billion by 2032, growing at a CAGR of 15.2% from 2023 to 2032.

View sample report
https://reports.valuates.com/request/sample/ALLI-Manu-1G27/Lithium_ion_Battery_Market


Lithium Ion Battery Market Share Analysis
By dominating around half of the lithium-ion battery market in 2022, the cathode industry rose to the top of the global components division. The movement toward electric transportation has had a considerable impact on the cathode market. The demand for high-performance cathode materials with improved energy density and longer lifetimes is growing along with the popularity of EVs.

The market share leader in 2022 was the category with capacities between 3,000 and 10,000 mAh. As the market for portable devices, such as smartphones and wearables, expands, compact and lightweight batteries are in high demand. Due to the rising demand for energy storage solutions in the renewable energy industry, these batteries are perfect for storing and supplying clean energy.
Based on application, the automotive sector was found to hold the most market share in 2022. The market for lithium-ion batteries used in automotive applications is being propelled by the expansion of the electric vehicle market, technological advancements, and the establishment of a charging infrastructure. Government subsidies support the growth of the lithium-ion battery industry. Environmental concerns are the main factor driving demand for electric vehicles.


Lithium-ion battery production is largely centered in Asia Pacific, which currently holds the majority of the global market share. China, Japan, and South Korea are among the countries leading the development of lithium-ion batteries. The Asia Pacific lithium-ion battery market has grown as a result of the region's strong electronics manufacturing industry as well as the increasing demand for electric vehicles.

Get regional report
https://reports.valuates.com/request/regional/ALLI-Manu-1G27/Lithium_ion_Battery_Market

Segment by Component
• Cathode
o Type
 Lithium-Iron Phosphate
 Lithium-Manganese Oxide
 Lithium-Nickel-Cobalt-Aluminum Oxide
 Lithium-Nickel-Manganese Cobalt
 Lithium-Titanate Oxide
• Anode
• Electrolyte
• Separator
• Others

Segment by Application
• Electrical and Electronics
o Application
 Smartphones and Tablet/PC
 UPS
 Others
• Automotive
o Application
 Cars, Buses and Trucks
 Scooters and Bikes
 Trains and Aircraft
• Industrial
o Application
 Cranes and Forklift
 Mining Equipment
 Smart Grid and Renewable Energy Storage
• Others

By Company
Panasonic Corporation, A123 Systems LLC, Hitachi, Ltd., GS Yuasa International Ltd., SAMSUNG SDI CO., LTD., Toshiba Corporation., Saft Groupe S.A., CATL, BYD Co., Ltd., LG Chem

View full report
https://reports.valuates.com/reports/ALLI-Manu-1G27/lithium-ion-battery

Get similar reports
1. https://reports.valuates.com/market-reports/QYRE-Auto-12P9298/global-18650-lithium-battery
2. https://reports.valuates.com/market-reports/QYRE-Auto-19Z2447/global-lithium-iron-phosphate
3. https://reports.valuates.com/market-reports/QYRE-Auto-8V14267/global-liquid-lithium-salt

Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066,

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.