Press release
Lithium-Ion Battery Market Growing Steadily At 17.5 % CAGR, Surging Towards US$ 148 Billion Valuation By 2030
๐๐ก๐ ๐ฅ๐ข๐ญ๐ก๐ข๐ฎ๐ฆ-๐ข๐จ๐ง ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ 35.23 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2021 ๐๐ง๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐ข๐ฌ๐ ๐ญ๐จ ๐๐๐ 148 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ 2030. ๐๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ ๐ ๐๐๐๐ ๐จ๐ 17.5% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ ๐๐ซ๐จ๐ฆ 2022 ๐ญ๐จ 2030.๐๐๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฉ๐๐ฅ๐ฅ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ฅ๐ข๐ญ๐ก๐ข๐ฎ๐ฆ-๐ข๐จ๐ง ๐๐๐ญ๐ญ๐๐ซ๐ข๐๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Advancements in technology have resulted in lower pricing for battery components used in battery manufacturing, lowering the price of lithium-ion batteries, which is a major driver driving market growth.
โข Rising petrol and diesel prices have raised customer awareness of electric vehicles, driving industry growth.
โข The expanding use of electric vehicles, as well as the expansion of the automotive sector, has raised the demand for lithium-ion batteries.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/lithium-ion-battery-market/request-for-sample
๐๐ก๐๐ญ ๐ข๐ฌ ๐ ๐๐ข๐ญ๐ก๐ข๐ฎ๐ฆ-๐๐จ๐ง ๐๐๐ญ๐ญ๐๐ซ๐ฒ?
Lithium ions flow between the positive and negative electrodes of a lithium-ion battery, a type of rechargeable power storage device, to store and release electrical energy. This specific type of rechargeable battery has found extensive application in electric vehicles, portable electronics, and renewable energy systems.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
In this extremely competitive industry, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Some of the leading companies in the lithium-ion battery market are:
โข Automotive Energy Supply Corporation
โข BAK Power
โข BYD Company Limited
โข Clarion Power Solutions
โข Contemporary Ampere Technology Co. Ltd
โข Duracell Inc.
โข Hitachi Ltd
โข Johnson Controls
โข LG Chem Ltd
โข Maxell Holdings Ltd
โข Murata Manufacturing Co. Ltd
โข Panasonic Corporation
โข Renault Group
โข Saft Group S.A.
โข Samsung SDI Co. Ltd
โข Tesla
โข Toshiba Corporation
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/520/2
๐๐ข๐ญ๐ก๐ข๐ฎ๐ฆ-๐ข๐จ๐ง ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ :
โข The growing demand for portable lithium-ion batteries is due to rising consumer products such as tablets, laptops, and smartphones. Moreover, the growing demand for these batteries in the healthcare sector in pulse oximeters and patch-type devices bolstered market growth.
โข Lithium cobalt oxide accounted for the highest revenue share in 2021 and is expected to continue its dominance owing to better energy, power density, and cycling ability. These batteries are used in digital cameras and electronic devices, supporting market growth.
โข The automotive sector is the second largest segment expected to grow over the forecast period due to the rising hybrid and plug-in hybrid vehicles across emerging nations. The growing consumer shift from conventional to electric vehicles is also increasing the demand for lithium-ion batteries.
โข Asia Pacific is expected to grow over the forecast period due to the growing consumer electronics and automotive industry across China, India, and Japan. The strict government norms emphasizing the usage of electric vehicles due to rising CO2 emission has increased the sale of batteries boosting the market.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/lithium-ion-battery-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง:
The lithium-ion battery market is mainly segmented based on material, product, type, capacity, voltage, industry, and region. Based on the material type, the cathodic lithium-ion battery element generated the most income in 2021 because it determines battery features and capacity. Cathodic compounds also aid in improving the battery's conductivity.
Furthermore, according to product research, the portable category is predicted to dominate market growth throughout the projection period due to its lightweight and ease of installation. Batteries used in mobile appliances are becoming increasingly important as consumer electronics, including smartwatches and smartphones, gain popularity, which is anticipated to drive the market throughout the projection period.
โข ๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
o Cathode Material
o Anode Material
o Electrolyte Material
o Separator Material
o Current Collector Material
o Others
โข ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
o Components Of Lithium-Ion Battery
o Portability
โข ๐๐ฒ ๐๐ฒ๐ฉ๐
o Lithium Nickel Manganese Cobalt Oxide
o Lithium Iron Phosphate
o Lithium Cobalt Oxide
o Lithium Titanate Oxide
o Lithium Manganese Oxide
o Lithium Nickel Cobalt Aluminum Oxide
โข ๐๐ฒ ๐๐๐ฉ๐๐๐ข๐ญ๐ฒ
o 0 To 3000 mAh
o 3000 To 10000 mAh 10000 To 60000 mAh
o 60000 To mAh and above
โข ๐๐ฒ ๐๐จ๐ฅ๐ญ๐๐ ๐
o Low (Below 12 V)
o Medium (12 V- 36 V)
o High (Above 36 V)
โข ๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
o Consumer Electronics
o Automotive
o Aerospace
o Marine
o Medical
o Industrial
o Power
o Telecommunications
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Thermal Scanners Market : https://www.polarismarketresearch.com/industry-analysis/thermal-scanner-market
Digital Scent Technology Market: https://www.polarismarketresearch.com/industry-analysis/digital-scent-technology-market
Biosensors Market: https://www.polarismarketresearch.com/industry-analysis/biosensors-market
Ultraviolet Disinfection Equipment Market: https://www.polarismarketresearch.com/industry-analysis/ultraviolet-uv-disinfection-equipment-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ :
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก :
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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