The lithium-ion battery is a lightweight battery with high energy density, which is rechargeable and is used across all electronic devices. Nowadays, the automobile industry has emerged to be the major consumer of these batteries in the manufacturing of electric vehicles. Further, these are also used in the consumer electronics market to manufacture smartphones and other smart devices. The growth of this market is ascribed to factors such as the outstanding characteristics of li-ion batteries, rapidly increasing deployment of consumer electronics, and taking initiatives for developing R&D by different companies and manufacturers. Moreover, the major key factors driving the growth in the market is an increase in demand for plug-in vehicles, rising need for automation, and battery-operated material-handling equipment in industries, boosting the need for electronics devices and other industrial goods, as well as the high requirement of batteries for industrial applications.

Some restraining implementation of stringent government regulations to control increasing pollution levels is expected to augment the market growth. However, the high price of lithium-ion batteries is anticipated to restrain the market growth. Conversely, the requirement of higher energy capability is technically upgraded consumer gadgets are assumed to create extending lithium-ion batteries market opportunity to the key vendors. 

Research Methodology:

The recycled plastics market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology, along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:

The global lithium-ion battery market is assumed to reach USD 105.4 billion by 2026, at a CAGR of 16.8%.

• By Application

• Consumer Electronics
• Automotive
• Power
• Industrial
• Medical
• Aerospace & Defense
• Marine

The automotive sector in the Lithium-ion battery market is the evidence of high growth on the basis that, growing preference for low-pollution vehicles and also by rising focus on increase sustainment in the transportation sector. The increasing need for mobility associated with upcoming technical advancements in the lithium-ion battery life cycle will support the market demand.

• By Battery Types

• Lithium Nickel Manganese Cobalt (Li-NMC)
• Lithium Iron Phosphate (LFP)
• Lithium Cobalt Oxide (LCO)
• Lithium Titanate Oxide
• Lithium Manganese Oxide
• Lithium Nickel Cobalt Aluminum Oxide

The Lithium Nickel Manganese Cobalt segment has held the majority of share in the market growth. The energy density is its primary strength. It achieves this energy density with high stability with the use of an optimum ratio of nickel, manganese, and cobalt. NMC is used in batteries of electrical storage systems, mobile phones, tablets, laptops, and automotive power tools. Growing perforation of EV’s and rising preference of light electric vehicles will boost the demand.

• By power Capacity

• 0-3,000 mAh
• 3,000 mAh-10,000 mAh,
• 10,000 mAh-60,000 mAh,
• Above 60,000 mAh 

Among these, the power capacity range of 3,000–10,000 mAh is expected to grow at the highest CAGR during the forecast period.

Asia-Pacific, based on geography, is considered to acquire two-fifths of the global lithium-ion battery market.   

• By geography

• North America
• Europe
• APAC
• RoW

Asia-Pacific region is considered to dominate the lithium-ion battery industry market. The market mainly consists of China and India, which have considerable potential for many application areas for lithium-ion batteries. China being a global automotive manufacturing hub, has immense potential to grow the lithium-ion battery industry. An upsurge in the manufacturing of electric vehicles and lithium-ion batteries utilized in vehicles is propelling the market in China.

The eminent market players operating across the lithium-ion battery market are focusing on making strategic alliances to achieve a competitive edge. The allied strategy on partnerships will be the outcome of modifying the lithium-ion battery market trends by intensifying the manufacturing efficiency and pushing down the overall battery costs to potentiate a leading market share.

Some leading key players of the global lithium-ion battery market include Automotive Energy Supply Corporation, Panasonic Corporation, LITEC Co., Ltd., Samsung SDI Co. Ltd., LG Chem Power (LGCPI), A123 Systems, LLC, China BAK Battery Co. Ltd., Hitachi Chemical Co., Ltd., Toshiba Corporation, and GS Yuasa International Ltd.

Moreover, the lithium-ion battery market is penetrating its major role in automotive industries globally in electric vehicles due to increasing awareness about low pollution. The lithium-ion battery market report provides market dynamics and market trends, which helps key market players to understand then end-users requirements.

• Segmentation, such as by application, by components, by battery types, battery capacity, and by geography, is provided in this report to determine the market penetration.
• This report would be the support for the extensive tool for the forthcoming innovations in the technological aspect, which helps key competitors to penetrate its position in the market.
• This study further gives an in-depth geographical analysis that represents the market share of each region in the lithium-ion battery market.  

1. Executive Summary

2. Industry Outlook

2.1. Industry Overview

2.2. Industry Trends

3. Market Snapshot

3.1. Total Addressable Market

3.2. Segment Addressable Market

3.2.1. PEST Analysis

3.2.2. Porter Five Forces

3.3. Related Markets

3.4. Ecosystem

4. Market Outlook

4.1. Overview

4.1.1. Market Evolution

4.2. Market Trends and Impact

4.3. Pricing Analysis

4.4. Market Segmentation

4.5. Market Dynamics

4.5.1. Drivers

4.5.2. Restraints

4.5.3. Opportunities

4.6. DRO - Impact Analysis

5. Application: Market Size & Analysis

5.1. Overview

5.2. Consumer Electronics

5.3. Automotive

5.4. Power

5.5. Industrial

5.6. Medical

5.7. Aerospace & Defense

5.8. Marine                      

6. Battery Types: Market Size & Analysis

6.1. Overview

6.2. Lithium Nickel Manganese Cobalt (Li-NMC)

6.3. Lithium Iron Phosphate (LFP)

6.4. Lithium Cobalt Oxide (LCO)

6.5. Lithium Titanate Oxide

6.6. Lithium Manganese Oxide

6.7. Lithium Nickel Cobalt Aluminum Oxide

7. Power Capacity: Market Size & Analysis

7.1. Overview

7.2. 0-3,000 mAh

7.3. 3,000 mAh-10,000 mAh,

7.4. 10,000 mAh-60,000 mAh,

7.5. Above 60,000 mAh

8. Geography: Market Size & Analysis

8.1. Overview

8.2. North America

8.3. Europe

8.4. Asia Pacific

8.5. Rest of the World

9. Competitive Landscape

9.1. Competitor Comparison Analysis

9.2. Market Developments

9.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships

9.2.2. Product Launches and execution

10. Vendor Profiles

10.1. BYD COMPANY

10.1.1. Overview

10.1.2. Business Units

10.1.3. Geographic Revenue

10.1.4. Product Offerings

10.1.5. Developments

10.1.6. Business Strategy

10.2. LG CHEM

10.2.1. Overview

10.2.2. Business Units

10.2.3. Geographic Revenue

10.2.4. Product Offerings

10.2.5. Developments

10.2.6. Business Strategy

10.3. Panasonic Corporation

10.3.1. Overview

10.3.2. Business Units

10.3.3. Geographic Revenue

10.3.4. Product Offerings

10.3.5. Developments

10.3.6. Business Strategy

10.4. Samsung Sdi

10.4.1. Overview

10.4.2. Business Units

10.4.3. Geographic Revenue

10.4.4. Product Offerings

10.4.5. Developments

10.4.6. Business Strategy

10.5. BAK Group

10.5.1. Overview

10.5.2. Business Units

10.5.3. Geographic Revenue

10.5.4. Product Offerings

10.5.5. Developments

10.5.6. Business Strategy

10.6. Gs Yuasa Corporation

10.6.1. Overview

10.6.2. Business Units

10.6.3. Geographic Revenue

10.6.4. Product Offerings

10.6.5. Developments

10.6.6. Business Strategy

10.7. Hitachi

10.7.1. Overview

10.7.2. Business Units

10.7.3. Geographic Revenue

10.7.4. Product Offerings

10.7.5. Developments

10.7.6. Business Strategy

10.8. Johnson Controls

10.8.1. Overview

10.8.2. Business Units

10.8.3. Geographic Revenue

10.8.4. Product Offerings

10.8.5. Developments

10.8.6. Business Strategy

10.9. Toshiba Corporation  

10.9.1. Overview

10.9.2. Business Units

10.9.3. Geographic Revenue

10.9.4. Product Offerings

10.9.5. Developments

10.9.6. Business Strategy

10.10. Lithium Werks   

10.10.1. Overview

10.10.2. Business Units

10.10.3. Geographic Revenue

10.10.4. Product Offerings

10.10.5. Developments

10.10.6. Business Strategy

11. Companies to Watch

11.1. CALB

11.1.1. Overview

11.1.2. Market

11.1.3. Business Strategy

11.2. Saft Groupe

11.2.1. Overview

11.2.2. Market

11.2.3. Business Strategy

11.3. Varta Storage

11.3.1. Overview

11.3.2. Market

11.3.3. Business Strategy

11.4. Farasis Energy

11.4.1. Overview

11.4.2. Market

11.4.3. Business Strategy

11.5. Sila Nanotechnologies

11.5.1. Overview

11.5.2. Market

11.5.3. Business Strategy

11.6.  Contemporary Amperex Technology

11.6.1. Overview

11.6.2. Market

11.6.3. Business Strategy

11.7. Envision Aesc Sdi Co. Ltd.

11.7.1. Overview

11.7.2. Market

11.7.3. Business Strategy

11.8. Guoxuan Industrial-Tech Co., Ltd

11.8.1. Overview

11.8.2. Market

11.8.3. Business Strategy

11.9. Lithium Energy Japan

11.9.1. Overview

11.9.2. Market

11.9.3. Business Strategy

11.10. Tesla

11.10.1. Overview

11.10.2. Market

11.10.3. Business Strategy

12. Analyst Opinion

13. Annexure

13.1. Report Scope

13.2. Market Definitions

13.3. Research Methodology

13.3.1. Data Collation and In-house Estimation

13.3.2. Market Triangulation

13.3.3. Forecasting

13.4. Report Assumptions

13.5. Declarations

13.6. Stakeholders

13.7. Abbreviation