Lithium ion Liion batteries Market Future Growth by Leading Key Players

first_imgLithium ion (Li-ion) batteries Lithium ion (Li-ion) batteries are rechargeable batteries with high-energy density and are mainly used in portable equipment. The market for these batteries is expected to witness a significant growth owing to their increasing use in smartphones, tablets/PCs, digital cameras, and power tools. Moreover, the demand for Li-ion batteries in the automobile industry is expected to increase with the rise in demand for electric vehicles.Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2798808?utm_source=ANIL-HTNThese batteries have gained popularity among the automobile manufacturers as they offer an alternative to nickel‐metal batteries used in electric vehicles, due to their small size and light weight. Thus, the increase in demand for electrical vehicle (EV), hybrid electric vehicle (HEV), and plug-in hybrid vehicle (PHV) is expected to foster the adoption of Li-ion batteries. Furthermore, the growth in demand for smartphones, tablet, and other compact portable electronic devices is expected to fuel the demand of these batteries. However, longer charging times of these batteries used in EV/PHV vehicles and their high price are the key factors, expected to restrict the market growth. The global lithium ion battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025, growing at a CAGR of 17.1% from 2018 to 2025.Increase in energy requirements by consumer gadgets due to continuous increase in the number of features is anticipated to create numerous growth opportunities for the players operating in the market. With the help of technological advancements, the prominent market players are manufacturing various lithium-ion batteries with higher capacity to cater to the increasing demands of the battery users. For instance, in 2014, AES Corporation announced to launch the world’s largest lithium-ion battery capable of providing 400 MW of power. This battery is expected to replace batteries of old gas plants, which were used for power generation. Moreover, in 2014, Tesla announced to build a battery plant known as “GigaFactory” in Nevada, U.S., which was expected to initiate the production of lithium-ion cell in 2017. This project is anticipated to reduce the price of Li-ion batteries owing to mass production.The market is segmented based on component, end-use industry, and region. The component segment is divided into cathode, anode, electrolytic solution, and others (foils, binders, and separators). The end-use industry segment is categorized into electrical & electronics, automotive, industrial, and others (medical, military, and textile).Based on region, the lithium-ion battery market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Some of the key players operating in this market include Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI), LITEC Co., Ltd., A123 Systems, LLC, Toshiba Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and GS Yuasa International Ltd. The other players in the market (not included in the report) include Tesla, Johnson Controls International Plc., Saft Batteries, and BYD Company Ltd.Get a discount on this research report @ https://www.bigmarketresearch.com/request-for-discount/2798808?utm_source=ANIL-HTNTable of Content:CHAPTER 1: INTRODUCTION1.1. Report description1.2. Key benefits for stakeholders1.3. Key market segments1.4. Research methodology1.4.1. Secondary research1.4.2. Primary research1.4.3. Analyst tools and modelsCHAPTER 2: EXECUTIVE SUMMARY2.1. Key findings of the study2.2. CXO perspectiveCHAPTER 3: MARKET OVERVIEW3.1. Market definition and scope3.2. Key findings3.2.1. Top investment pockets3.2.2. Top winning strategies3.3. Porters five forces analysis3.4. Market dynamics3.4.1. Drivers3.4.1.1. Growing demand for smartphones, tablets, and other electronic devices3.4.1.2. Increasing demand for electrical vehicles/hybrid electric vehicles/plug-in hybrid vehicles (EV/HEV/PHV)3.4.1.3. Strict government regulations to control increasing pollution3.4.2. Restraints3.4.2.1. High price of lithium-ion batteries3.4.3. Opportunity3.4.3.1. Higher energy efficiency requirements in technologically updated consumer gadgets3.5. Top player positioning, 20173.5.1. Value chain analysisCHAPTER 4: GLOBAL LITHIUM ION BATTERY MARKET, BY COMPONENT4.1. Overview4.1.1. Market size and forecast4.2. Cathode4.2.1. Key market trends, growth factors, and opportunities4.2.2. Market size and forecast, by region4.2.2.1. Market analysis, by country4.2.3. AnodeAbout Us:Big Market Research has a range of research reports from various publishers across the world. 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