Lithium-Ion Battery Market is Booming with Strong Growth Prospects

The latest study released on the global 'Lithium-Ion Battery' market by USD Analytics evaluates market size, trend, and forecast to 2030. The 'Lithium-Ion Battery' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Automotive Energy Supply Corporation (Asia Pacific), Panasonic Corporation (Japan), Eaton (Ireland), Samsung SDI Co. Ltd. (South Korea), LG Chem Power (LGCPI) (Korea), BYD Company Ltd. (China), A123 Systems, LLC. (United States), Toshiba Corporation (Japan), Hitachi Chemical Co., Ltd. (Japan), China BAK Battery Co. Ltd. (China), GS Yuasa International Ltd (Japan), Tesla (United States)

The lithium-ion battery is an advanced battery technology, which uses lithium-ion as a key component. Lithium-ion batteries can use several different materials as an electrode. These batteries meet the needs of a wide range of devices. It has a strong opportunity due to an increase in electric vehicles (EV), backup base stations for mobile telephones, electricity storage systems with solar power generation, and various other industrial uses. The market has increased rapidly. The most significant increase is found in the automotive industry where the advances in battery technology have propelled the rapid adoption of electric cars and buses. In 2018 the cumulative number of electric cars in the world has already exceeded 4 million2 and many estimates point at a global market share of 20 percent for the electric car in 2025.

In Sep 2018, Shenzhen BAK Power Battery Co. Ltd. Announced A Partnership With Cadenza Innovation To Manufacturers Li-Ion Cells And Modules, Which Fuels The Ongoing Innovation And Development Of The Industry Of BAK And Cadenza.

Influencing Market Trend
• High Nickelization of Cathode Materials
• Solid-State Batteries

Market Drivers
• Increase in Carbon Emissions
• Automobile Industry Shifted To Electric Vehicles
• Encouraging Government Regulations to Utilize Batteries In Order To Reduce Pollution

Opportunities:
• It Has Strong Opportunity Due To Its Capabilities Such As Flexible Form Factors, Lightweight, Improved Safety

Challenges:
• Requires Protection Circuit to Maintain Voltage and Current within Safe Limits
• Transportation Restrictions - Shipment Of Larger Quantities May Be Subject To Regulatory Control. This Restriction Does Not Apply To Personal Carry-On Batteries

Analysis by Type (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Manganese Oxide, Lithium Nickel Cobalt Aluminium Oxide, Lithium Nickel Manganese Cobalt, Lithium Titanate Oxide), Application (Electrical & Electronics, Automotive, Industrial, Others), Components (Cathode, Anode, Electrolytic Solution, Others), Power Capacity (0 To 3000mah, 3000mah to 10000mah, 10000mah to 60000mah)

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The regional analysis of Global Lithium-Ion Battery Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.usdanalytics.com/industry-reports/lithium-ion-battery-market

Highlights of the Report
• The future prospects of the global Lithium-Ion Battery market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Lithium-Ion Battery market.

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USD Analytics Market
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This release was published on openPR.