Lithium-ion battery market – 48% of growth will come from APAC | Driven by increased consumer electronics market demand | More than 17,000 Technavio reports

Read the 120-page report with TOC on “Lithium-Ion Battery Market Analysis Report by Application (Automotive, Consumer Electronics, Utilities, and Others) and Geography (APAC, Europe, North America, South Americaand MEA), and Segment Forecast, 2021-2025″. Gain competitive insights on market leaders. Track key industry opportunities, trends, and threats. Insights on marketing, brand, strategy and market development, sales and supply functions. https://www.technavio.com/report/report/lithium-ion-battery-market-industry-analysis

Lithium Ion Battery Market – Drivers

  • the increase in consumer electronics market demand due to increase in consumer spending is one of the major growth drivers for the lithium-ion battery market.
  • Urbanization and the increase in the number of people earning a living in a family have led to an increase in disposable incomes around the world.
  • The increase in disposable income allows middle class individuals to increase their standard of living, which means that these people are willing to spend more on gadgets such as laptops, smartphones and smart wearable devices, thanks which the consumer electronics market is growing rapidly.
  • As most of these consumer electronics products run on lithium-ion batteries, this drives the growth of the lithium-ion battery market.

Lithium-ion Battery Market – Trends

  • the increase in smart clothing shipments will be a major trend that will fuel the growth of the lithium-ion battery market size.
  • In an effort to capitalize on the growing interest in this technology, many wearable product manufacturers have rolled out newer, updated versions of their products with vast improvements over their first-generation counterparts. They also offer products with improved performance and features to maintain the sales momentum of portable devices.
  • The significant drop in the cost of portable devices has increased the adoption rate of these devices in both developed and developing countries.
  • As smart wearable devices use lithium-ion batteries as their power source, the lithium-ion battery market is expected to grow concurrently with an increase in the adoption of smart wearable devices.

Lithium Ion Battery Market – Challenges

  • Factors such as the growing popularity of fuel cell solutions may hamper market growth.

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Some of the Major Lithium Ion Battery Players:

The Li-ion battery market is fragmented and vendors are deploying growth strategies such as mergers and acquisitions and partnerships to compete in the market.

  • A123 Systems LLC
  • Amperex Technology Ltd.
  • BYD Co.Ltd.
  • Dalian CBAK Power Battery Co.Ltd.
  • Consider energy United States ltd.
  • Hitachi Ltd.
  • LG Chem Ltd.
  • Panasonic Corp.
  • Samsung SDI Co.Ltd.
  • Toshiba Corp.

Lithium-ion Battery Market – Segmentation Analysis

Application Outlook (Revenue, USD Billion, 2020-2025)

  • Automotive – size and forecast 2020-2025
  • Consumer electronics – size and forecast 2020-2025
  • Utilities – size and forecast 2020-2025
  • Others – size and forecast 2020-2025

Geographic Outlook (Revenue, USD Billion, 2020-2025)

  • APAC – size and forecast 2020-2025
  • Europe – size and forecast 2020-2025
  • North America – size and forecast 2020-2025
  • South America – size and forecast 2020-2025
  • MEA – size and forecast 2020-2025

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Related reports:

  • the battery market West Africa is expected to grow USD 7.72 million from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 3.46%.Download a free sample now!
  • the lead-acid battery market Bangladesh is expected to grow USD 75.98 million from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 6.75%. Download a free sample now!

Scope of the lithium-ion battery market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 32.65%

Market Growth 2021-2025

$58.05 billion

Market structure

Fragmented

Annual growth (%)

27.73

Successful market contribution

APAC at 48%

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

A123 Systems LLC, Amperex Technology Ltd., BYD Co. Ltd., Dalian CBAK Power Battery Co. Ltd., Envision Energy USA Ltd., Hitachi Ltd., LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., and Toshiba Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by application

  • Market segments
  • Comparison by application
  • Automotive – Market size and forecast 2020-2025
  • Consumer Electronics – Market size and forecast 2020-2025
  • Utilities – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market Opportunity by Application

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Overview
  • Supplier Landscape
  • Landscape disturbance

appendix

  • Suppliers Covered
  • Positioning on the supplier market
  • A123 Systems LLC
  • Amperex Technology Ltd.
  • BYD Co.Ltd.
  • Dalian CBAK Power Battery Co.Ltd.
  • Consider energy United States ltd.
  • Hitachi Ltd.
  • LG Chem Ltd.
  • Panasonic Corp.
  • Samsung SDI Co.Ltd.
  • Toshiba Corp.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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