DUBLIN, July 13, 2021 /PRNewswire/ — The “Li-ion Battery – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.
International marketplace for Li-ion Battery estimated at US$46.6 Billion within the 12 months 2020, is projected to achieve a revised dimension of US$127.8 Billion by 2027, rising at a CAGR of 15.5% over the evaluation interval 2020-2027.
Lithium Nickel Manganese Cobalt (NMC), one of many segments analyzed within the report, is projected to develop at a 17.1% CAGR to achieve US$52 Billion by the tip of the evaluation interval.After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, progress within the Lithium Iron Phosphate (LFP) phase is readjusted to a revised 14% CAGR for the following 7-year interval. This phase at the moment accounts for a 26.5% share of the worldwide Li-ion Battery market.
The U.S. Accounts for Over 26.9% of International Market Measurement in 2020, Whereas China is Forecast to Develop at a 20% CAGR for the Interval of 2020-2027
The Li-ion Battery market within the U.S. is estimated at US$12.6 Billion within the 12 months 2020. The nation at the moment accounts for a 26.92% share within the world market. China, the world second largest economic system, is forecast to achieve an estimated market dimension of US$29.8 Billion within the 12 months 2027 trailing a CAGR of 20.3% by means of 2027.
Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 11.1% and 13.6% respectively over the 2020-2027 interval. Inside Europe, Germany is forecast to develop at roughly 12.2% CAGR whereas Remainder of European market (as outlined within the examine) will attain US$29.8 Billion by the 12 months 2027.
Choose Rivals (Whole 98 Featured)
- Coslight India Telecom Pvt. Ltd.
- Electrovaya, Inc.
- EnerDel, Inc.
- GS Yuasa Company
- Highpower Worldwide, Inc.
- Hitachi Chemical Co., Ltd.
- HYB Battery Co., Ltd.
- Johnson Controls, Inc.
- Kokam Co., Ltd.
- LG Chem
- Li-Tec Battery GmbH
- MINAMOTO Battery (HK) Ltd.
- Panasonic Company
- Samsung SDI Co., Ltd
- SK Innovation Co., Ltd.
- Sony Company
- Sunwoda Digital Co., Ltd.
- Tianjin Lishen Battery Joint-Inventory Co., Ltd.
- Toshiba Company
- A123 Techniques LLC
- Automotive Vitality Provide Company (AESC)
- Blue Vitality Canada, Inc.
- BYD Co., Ltd.
- Cell-Con, Inc.
- CNEBIKES Co., Ltd.
Key Subjects Lined:
II. EXECUTIVE SUMMARY
- Development and Package deal Varieties of Li-ion Battery
- Benefits and Disadvantages of Li-ion Batteries
- Functions of Li-Ion Batteries
- Li-ion Battery: Battery Know-how with Increasing Functions in Shopper Electronics, Electrical Automobiles and Vitality Storage Sectors
- NMC: The Largest Section by Chemistry Kind
- Asian Nations Spearhead Development within the Li-ion Battery Market
- China Dominates Li-ion Battery Manufacturing
- Influence of Covid-19 and a Looming International Recession
- Rising Gross sales of Electrical Automobiles: A Vital Alternative for Li-ion Batteries Market
- Falling Battery Prices to Drive Down Value of EVs
- International Automakers Concentrate on Securing Uncooked Supplies for EVs
- Rising Curiosity in Lithium for Use in EV Li-ion Batteries
- Whereas China Focuses on Constructing Future Batteries, Tesla Stays the Solely US Firm in Race
- LiFePO4 Battery Gaining Prominence in Automotive Functions
- Manufacture of Lithium-Ion Batteries for EVs: Challenges Proceed to Persist
- Li-ion Battery Recycling Market: Rising Environmental Issues and Strict Authorities Insurance policies Foster Development
- Rising Gross sales of Electrical Buses Bolsters Demand for Li-ion Batteries
- Li-ion Batteries: The Most popular Rechargeable Battery Chemistry for Shopper Electronics Units
- Widespread Use of Li-ion Batteries in Smartphones
- With Smartphones Evolving Quickly, Li-ion Batteries Wrestle to Deal with the Demanding Wants of Units
- Lithium-Ion Batteries with Graphene: A Substitute to Typical Li-ion Batteries Utilized in Cellular Telephones
- Sustained Use of Li-ion Batteries in Laptops and Notebooks
- Li-ion Batteries Acquire Momentum in Wearable Units
- Rechargeable Li-ion Batteries Discover Software in Good Properties
- Li-ion Batteries Emerge because the Dominant Know-how for Grid-Scale Vitality Storage
- Speedy Development of Renewable Vitality Market: Alternative for Li-ion Batteries
- Falling Value of Clear Vitality and Li-ion Batteries Favors Adoption in Renewable Vitality Techniques
- Peak Shifting Software Guarantees Excessive Demand Situation for Li-ion Batteries
- Lithium-ion Photo voltaic Batteries Maintain an Edge over Lead Acid Batteries for Residential Photo voltaic Clients
- Excessive Value and Restricted Battery Life Impede Adoption of Li-ion Batteries in Renewable Techniques
- Rising Penetration of Li-ion Battery in Knowledge Facilities Augurs Effectively for the Market Development
- Li-ion Batteries Provide Help for Industrial Functions
- Use of Li-ion Batteries Gaining Momentum in Materials Dealing with Trade
- Because the Marvel Materials, Graphene Holds the Potential to Improve Attributes of Li-ion Batteries
- Li-ion Battery Pricing Tendencies: Vital Influence on Adoption in Automotive Trade
- Battery Startups Spend money on Subsequent Era Li-ion Batteries
- Uncooked Materials Availability and Pricing: Components with Vital Implications for Li-ion Batteries Market
- Uncooked Materials Value: The Largest Proportion of General Value of Li-ion Battery
- Lithium Reserves and Manufacturing: Very important for Li-ion Battery Market
- Excessive Cobalt Costs: Purpose for Slower Decline in Manufacturing Value of Li-ion Battery
- Main Gamers with Rising Clout in LIB Uncooked Supplies Market
- Improvements in Materials Science and Capability Important to Creating the Subsequent-Gen Li-ion Battery
- Security Issues and Different Disadvantages of Li-ion Batteries: A Evaluate
- Competing Disruptive Battery Applied sciences: A Main Problem for Li-ion Battery Market
- Regardless of Emergence of Options, Li-ion Stays the Most Promising Battery Tech for Varied Functions
- Modifications in Li-ion Battery Composition and Part Use
- Improvements, Developments & Analysis Research
- Stable State Lithium-ion Battery: Quicker Charging and Longer Lasting Possibility
- Innolith Develops Non-Flammable Lithium-Ion Battery
- Researchers Advance Know-how to Allow Manufacturing of Non-Flammable Li-ion Batteries
- German Researchers Discover Singlet Oxygen because the Issue Inflicting Breakdown of Li-ion Battery
- Nano One Wins Chinese language Patent for Li-ion Battery Functions
- Measurement-Tunable Pure Mineral-Molybdenite Improve Storage Capability and Speed up Ions Switch in Li-ion Batteries
- Developments Underway to Mass Produce CSIR Lab’s Indigenous Lithium Ion Battery Know-how
- US Division of Vitality Initiates Analysis to Develop Subsequent-Gen Li-ion Batteries
- 24M Creating Easy Li-ion Batteries Able to Lowering EVs Prices
- College of Alberta Chemists Creating Silicon-Based mostly LIBs with 10 Fold Improve in Cost Capability
III. MARKET ANALYSIS
- Lively Gamers in United States
- EVs and Renewable Vitality Tasks: Functions Fostering Demand for Li-ion Batteries within the US
- Utilities Spend money on Massive Batteries Moderately than Construct New Capability: Potential for LIB Market
- US Bans Li-ion Battery Cargo Shipments Aboard Passenger Planes
- SWANA Helps Laws for Li-ion Batteries Recycling Program in California amidst Rising Fireplace Incidents
- China Leads the International Lithium-Ion Battery Trade
- Strong Development of EV Gross sales: Constructive Outlook for Li-ion Battery Market
- Chinese language Authorities Intends to Encourage Li-ion Battery Manufacturing Trade
- Amidst Plans to Strengthen LIB Manufacturing, China Appears to be like to Safe Provides of Very important Uncooked Supplies
- China Appears to be like to Faucet Alternatives Rising in EV Battery Recycling House
- Repurposing of Li-ion Batteries: A New Life for Outdated Batteries with Helpful Capability
- China’s New Vitality Automobile (NEV) Subsidies to Favor Li-ion Battery Making Market
- Emphasis on NEV Infrastructure Augurs Effectively for the Market
- Ministry of Trade and Data Know-how Revises Rules for Lithium-ion Battery Trade
- Main Lithium-ion Battery Producers in China
- European Li-ion Battery Market: Renewable Vitality and EVs Sectors to Gas Development
- EU Plans Big Investments in Li-ion Battery Manufacturing House
- New Li-ion Battery Factories Deliberate: Europe’s Lengthy-term Technique to Cope with Asian Problem
- Whole Corporations Profiled: 98
For extra details about this report go to https://www.researchandmarkets.com/r/81loh4
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