Dublin, July 03, 2019 (GLOBE NEWSWIRE) -- The "The 2019 Lithium-ion Battery Market: Worldwide Industry Trends, Share, Size, Growth, Opportunity & Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The global Lithium-ion battery market reached a value of US$ 28.5 Billion in 2018. The market is further projected to reach a value of US$ 53.8 Billion by 2024, exhibiting a CAGR of 11% during 2019-2024.
This report provides a deep insight into the global Lithium-ion battery market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.
The Li-ion technology currently holds several advantages over its predecessor Nickel Cadmium. Li-ion batteries provide a significantly high energy density which can be used for powering electronic devices over a longer duration. This is one of the major factors which has been proliferating the growth of the market.
Additionally, their low rate of self-discharge and low maintenance effort offer Li-ion batteries an edge over the other substitutes available in the market. Also, with the development of new variants, the Lithium-ion Battery technology can be enhanced to handle different types of market needs ranging from powering smartphones to electric or plug-in hybrid vehicles. This has, in turn, contributed towards an augmented demand for lithium ion batteries across the globe.
Apart from this, there is a persistent demand for batteries which are energy-efficient, low cost and environment friendly in nature. Moreover, the market growth is further catalysed by the strict regulations being implemented by several governments across the globe to reduce pollution.
On the basis of product type, Lithium Cobalt Oxide currently represents the largest product type. Other segments covered in the report include Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt, Lithium Manganese Oxide and Others (Lithium Nickel Cobalt Aluminium Oxide and Lithium Titanate Oxide).
Based on the power capacity, the market has been segmented into 0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh and more than 60000mAh. Currently, 0 to 3000mAh represents the largest category.
On the basis of application, the market has been segmented into consumer electronics, electric vehicles, energy storage and others. Consumer electronics currently represent the largest segment.
Region-wise, the market has been segmented into Asia-Pacific, North America, Europe, Middle East and Africa and Latin America.
The competitive landscape of the market has also been examined with some of the key players being A123 Systems, Automotive Energy Supply Corp., LG Chem, Panasonic, SAMSUNG SDI, Toshiba, Amperex Technology (ATL), BAK Group, Blue Energy, BYD, CBAK Battery, Tianjin Lishen Battery, Valence Technology, SK innovation, and Hitachi Ltd.
Key Questions Answered
Key Topics Covered
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Lithium-ion Battery Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Power Capacity
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.9 Value Chain Analysis
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.10 Porters Five Forces Analysis
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Price Analysis
5.11.1 Key Price Indicators
5.11.2 Price Structure
5.11.3 Price Trends
6 Market Breakup by Product Type
6.1 Lithium Cobalt Oxide
6.2 Lithium Iron Phosphate
6.3 Lithium Nickel Manganese Cobalt
6.4 Lithium Manganese Oxide
6.5 Others (Lithium Nickel Cobalt Aluminium Oxide and Lithium Titanate Oxide)
7 Market Breakup by Power Capacity
7.1 0 to 3000mAh
7.2 3000mAh to 10000mAh
7.3 10000mAh to 60000mAh
7.4 More than 60000mAh
8 Market Breakup by Application
8.1 Consumer Electronics
8.2 Electric Vehicles
8.3 Energy Storage
9 Market Breakup by Region
9.2 North America
9.4 Middle East and Africa
9.5 Latin America
10 Lithium-ion Battery Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 A123 Systems
11.3.2 Automotive Energy Supply Corp.
11.3.3 LG Chem
11.3.5 Samsung SDI
11.3.7 Amperex Technology (ATL)
11.3.8 BAK Group
11.3.9 Blue Energy
11.3.11 CBAK Battery
11.3.12 Tianjin Lishen Battery
11.3.13 Valence Technology
11.3.14 SK innovation
11.3.15 Hitachi Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/usrc61
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Battery Technology