Lithium (Li) ions battery is a light weighed rechargeable battery which are mostly used in consumer electronics such as smartphones, tablets and laptops. The electrode of this battery is made up of carbon and light weighted carbon. It comes in different sizes and can be applied in other different types of uses such as power, medical, automotive, industrial, and aerospace.
The Global Lithium Ion Battery Market accounted for USD 23.56 billion in 2016 and is projected to grow at a CAGR of 16.9% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2019 to 2026.
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Major Key players profiled in this report are:
Hitachi Ltd., Panasonic Corporation, TOSHIBA CORPORATION, BYD Company LtdSAMSUNG SDI CO.,LTD., Johnson Controls Inc., SaftGroupe SA, LG Chem, Valence Technology, Inc., GS Yuasa International Ltd., A123 Systems, LLC., Automotive Energy Supply Corporation, Blue Energy Limited,Li-TecBattery GmbH,Tianjin Lishen Battery, COSLIGHT GROUP,BYD Company Limited,Kokam,MANZ AG and BAK Group among others.
Major Market Drivers:
Rising demand smartphones and tablets, Adoption of electric vehicle, growing development due to more energy storage and reduction in weight and cost
High cost of recycling, Security issue due to excessive heating
On the basis of type,global lithium ion battery market is segmented into lithium nickel manganese cobalt (Li-NMC), lithium cobalt oxide (LCO), lithium iron phosphate (LFP), lithium titanate oxide (LTO), lithium manganese oxide (LMO) and lithium nickel cobalt aluminum oxide (NCA).
On the basis of material, global lithium ion battery market is segmented into cathode, anode electrolytic solution and others. Other types of material being used are foil, separator and binder.
On the basis of power capacity, global lithium ion battery market is segmented into 0 to 3,000 mAh, 3,000 mAh to 10,000 mAh, 10,000 mAh to 60,000 mAh and more than 60,000 mAh.
On the basis of application,global lithium ion battery market is segmented intoconsumer electronics, automotive, power, medical, industrial, aerospace and defense and marine. Consumer electronics is sub segmented into smartphones, laptops and UPS. Industrial is sub segmented into construction and mining equipment.
On the basis of geography, the global lithium ion battery market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East and Africa.
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