openPR Logo
Press release

Automotive Lithium-ion Battery Cell Market 2024 - Business Revenue, Trends, Top Key Players, Future Opportunities, Industry Share And Forecast To 2033

06-11-2024 04:58 AM CET | Energy & Environment

Press release from: The Business research company

Automotive Lithium-ion Battery Cell Market

Automotive Lithium-ion Battery Cell Market

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Automotive Lithium-ion Battery Cell Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $253.45 billion In 2028 At A CAGR Of 25.5%.

The automotive lithium-ion battery cell market size has grown exponentially in recent years. It will grow from $80.36 billion in 2023 to $102.11 billion in 2024 at a compound annual growth rate (CAGR) of 27.1%. The growth in the historic period can be attributed to rise of electric vehicles, government incentives, emission reduction targets, increasing consumer acceptance, scaling up production, collaborations and partnerships.

The automotive lithium-ion battery cell market size is expected to see exponential growth in the next few years. It will grow to $253.45 billion in 2028 at a compound annual growth rate (CAGR) of 25.5%. The growth in the forecast period can be attributed to ev market expansion, energy storage applications, government regulations, reduced battery costs, r&d investments. Major trends in the forecast period include increasing energy density, advancements in solid-state batteries, growth in electric vehicle (ev) adoption, supply chain diversification, recycling and sustainability initiatives, integration of battery management systems (bms).

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=9496&type=smp

Automotive Lithium-ion Battery Cell Market Major Segments
The automotive lithium-ion battery cell market covered in this report is segmented -

1) By Type: Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Manganese Oxide (LMO), Lithium Nickel Manganese Cobalt Oxide (NMC)
2) By Cell Type: Cylindrical, Prismatic, Pouch Cells
3) By Application: Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), Fuel-Cell Electric Vehicle

Key Driver - Rising Electrification Of Vehicles Drives The Market

The rising electrification of vehicles across the globe is expected to propel the growth of the automotive lithium-ion battery cell market going forward. Vehicle electrification is the process of using electricity to power a vehicle, replacing components that use a conventional energy source with components that use electricity. Lithium-ion batteries are commonly used in vehicle electrification due to their high energy density and ability to provide high power output as they can store large amounts of energy in a relatively small and lightweight package, self-discharge at a lower rate than other battery types making them ideal for vehicle electrification. For Instance, according to September 2022 published, Global EV Outlook 2022 report, published by International Energy Agency, a France-based autonomous intergovernmental organization, global electric vehicle (EV) sales had doubled from the previous year in 2021, reaching a new high of 6.6 million units sales. Additionally, the sales of electric car vehicles worldwide in 2021 have reached 6600000 units from 2980000 units. Therefore, the rising electrification of vehicles across the globe will drive the automotive lithium-ion battery cell market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=9496&type=smp

Prominent Trend - Technological Advancements To Provide Enhanced Solutions

Technological advancements are a key trend gaining popularity in the automotive lithium-ion battery cell market. Major companies operating in the automotive lithium-ion battery cell market are focused on developing innovative solutions to strengthen their position in the market. For instance, in October 2022, Natrion Inc., a US-based automotive component and battery manufacturer revealed a patented solid-electrolyte separator, LISIC278, for use in Li-ion battery cells with graphite anodes for EV battery cells. The new material is a modified version of Natrion's proprietary Lithium Solid Ionic Composite (LISIC) electrolyte designed to replicate the precise specs of a regular polyolefin separator while using the substantially less liquid electrolyte. It does this by providing strong ion transport capabilities at ambient temperatures while having a thermal resistance of more than 200°C and being completely dense (zero porosity). LISIC batteries have a near-zero fire risk, and the likelihood of a thermal incident worsening or expanding is considerably decreased.

Automotive Lithium-ion Battery Cell Market Players
Major companies operating in the automotive lithium-ion battery cell market report are Samsung SDI Co. Ltd., Toshiba Corporation, Contemporary Ampere Technology Co. Ltd., LG Chem Ltd., GS Yuasa International Ltd., Johnson Controls International Plc, Panasonic Corporation, East Penn Manufacturing Co., BYD Company Ltd., Automotive Energy Supply Corp., CROWN BATTERY, Duracell International Inc., Enersys Inc., Exide Industries Limited, Narada Power Source Co. Ltd., A123 Systems LLC, Exicom Power Solutions, Tesla Inc., Hitachi Ltd., NEC Corporation, Envision AESC Limited, Ampe*rex Technology Limited, Bader Ahmed Kaiksow Group, Blue Energy Limited, CBAK Energy Technology Inc., Tianjin Lishen Battery Joint-Stock CO. Ltd., Lithion Battery Inc., SK innovation Co. Ltd., OptimumNano Energy Co. Ltd., VARTA AG, Sony Corporation, Gotion High-Tech Co. Ltd. .

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/automotive-lithium-ion-battery-cell-global-market-report

Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the automotive lithium-ion battery cell market in 2023. The regions covered in the automotive lithium-ion battery cell market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Automotive Lithium-ion Battery Cell Market Report Structure
3. Automotive Lithium-ion Battery Cell Market Trends And Strategies
4. Automotive Lithium-ion Battery Cell Market - Macro Economic Scenario
5. Automotive Lithium-ion Battery Cell Market Size And Growth
…..
27. Automotive Lithium-ion Battery Cell Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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 Automotive Lithium-ion Battery Cell Market 2024 - Business Revenue, Trends, Top Key Players, Future Opportunities, Industry Share And Forecast To 2033 here

News-ID: 3533379 • Views:

More Releases from The Business research company

Grinding Machinery Global Market Size, Share Analysis, Growth Trends 2033
Grinding Machinery Global Market Size, Share Analysis, Growth Trends 2033
The new report published by The Business Research Company, titled Grinding Machinery Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. As per the report, the grinding machinery market size has grown strongly in recent years. It will grow from $7.05 billion in
Green Hydrogen Global Market Size, Share, Trends Analysis And Outlook By 2033
Green Hydrogen Global Market Size, Share, Trends Analysis And Outlook By 2033
The new report published by The Business Research Company, titled Green Hydrogen Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. As per the report, the green hydrogen market size has grown exponentially in recent years. It will grow from $1.59 billion in
Helicopter Engines Market Size, Analysis, Trends, Overview And Forecast To 2033
Helicopter Engines Market Size, Analysis, Trends, Overview And Forecast To 2033
"The new report published by The Business Research Company, titled Helicopter Engines Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. As per the report, the helicopter engines market size has grown steadily in recent years. It will grow from $22.48 billion in
Gout Therapeutics Market Strategies 2024-2033 | Size, Share, Insights, Outlook
Gout Therapeutics Market Strategies 2024-2033 | Size, Share, Insights, Outlook
"The new report published by The Business Research Company, titled Gout Therapeutics Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. As per the report, the gout therapeutics market size has grown rapidly in recent years. It will grow from $2.54 billion in

All 5 Releases


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