Dublin, July 14, 2022 (GLOBE NEWSWIRE) -- The "Global Lithium-Ion (Li-Ion) Battery Market Report 2022, By Power Capacity, By Application, By Component, By Type, By Chemistry" report has been added to ResearchAndMarkets.com's offering.
The global lithium-ion (li-ion) market is expected to grow from $41.93 billion in 2021 to $48.86billion in 2022 at a compound annual growth rate (CAGR) of 16.5%. The market is expected to reach $85.72 billion in 2026 at a CAGR of 15.1%.
Asia Pacific was the largest region in the lithium-ion (Li-ion) market in 2021. North America was the second-largest region in the lithium-ion (Li-ion) market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The growth of the lithium-ion batteries market is mainly driven due to the presence of high energy density features in lithium-ion batteries. High energy density helps the lithium-ion battery to run for a longer period. Most of the lithium-ion batteries used in portable devices are cobalt-based which offers the highest energy density.
The energy density of the lithium-ion batteries is 100-265 Wh/kg or 250-670 Wh/L, which is one of the highest energy densities of any battery technology. High energy density in a lithium-ion battery made it the most preferred battery to be used in mobile phones, laptops, cameras and automobiles. Therefore, positively impacting the lithium-ion battery market's growth.
Safety concerns towards lithium-ion batteries is the major challenge faced by the lithium-ion batteries market. Lithium-ion batteries generate large amounts of energy, associated with the risk of explosion or fire. The temperature in lithium-ion batteries should never rise above 130C which may lead to thermal runaway.
Declining lithium-ion battery prices boosts the sales of lithium-ion batteries. Change in materials technology, manufacturing processes, overhead costs, and huge investments in lithium-ion battery industry contributed to the reduction in lithium-ion battery prices. Lithium-ion battery prices with combined cost for cell and pack will drop down to US$76 per kWh by 2030, and according to Navigant Consulting Research report.
Scope
Markets Covered:
1) By Power Capacity: 0 to 3000 Mah; 3000 to 10000mAH; 10000 to 60000 Mah; Above 60000mAH
2) By Application: Consumer Electronics; Automotive; Marine; Aerospace & Defense; Medical; Industrial; Power; Others
3) By Component: Cathode; Anode; Separators; Electrolytes; Aluminium foil; Copper foil; Others
4) By Type: Lithium Nickel Manganese Cobalt (LI-NMC); Lithium Iron Phosphate (LFP); Lithium Cobalt Oxide (LCO); Lithium Titanate Oxide (LTO); Lithium Manganese Oxide (LMO); Lithium Nickel Cobalt Aluminum Oxide (NCA)
5) By Chemistry: LFP; LCO; LTO; NMC; NCA; LMO
Key Topics Covered:
1. Executive Summary
2. Lithium-Ion Batteries Market Characteristics
3. Lithium-Ion Batteries Market Trends And Strategies
4. Impact Of COVID-19 On Lithium-Ion Batteries
5. Lithium-Ion Batteries Market Size And Growth
6. Lithium-Ion Batteries Market Segmentation
7. Lithium-Ion Batteries Market Regional And Country Analysis
8. Asia-Pacific Lithium-Ion Batteries Market
9. China Lithium-Ion Batteries Market
10. India Lithium-Ion Batteries Market
11. Japan Lithium-Ion Batteries Market
12. Australia Lithium-Ion Batteries Market
13. Indonesia Lithium-Ion Batteries Market
14. South Korea Lithium-Ion Batteries Market
15. Western Europe Lithium-Ion Batteries Market
16. UK Lithium-Ion Batteries Market
17. Germany Lithium-Ion Batteries Market
18. France Lithium-Ion Batteries Market
19. Eastern Europe Lithium-Ion Batteries Market
20. Russia Lithium-Ion Batteries Market
21. North America Lithium-Ion Batteries Market
22. USA Lithium-Ion Batteries Market
23. South America Lithium-Ion Batteries Market
24. Brazil Lithium-Ion Batteries Market
25. Middle East Lithium-Ion Batteries Market
26. Africa Lithium-Ion Batteries Market
27. Lithium-Ion Batteries Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Lithium-Ion Batteries Market
29. Lithium-Ion Batteries Market Future Outlook and Potential Analysis
Companies Mentioned
- A123 Systems
- Automotive Energy Supply Corp.
- LG Chem
- Panasonic
- Samsung SDI
- Toshiba
- BYD
- Automotive Energy Supply Corp.
- Contemporary Amperex Technology
- Johnson Controls
- Amperex Technology (ATL)
- BAK Group
- Blue Energy
- Aviation Industry Corporation of China
- CBAK Energy Technology
- Comtemporary Amperex Technology
- GS Yuasa Corp.
- Hefei Guoxuan High-tech Power Energy
- Hitachi Chemical
- Johnson Controls International Plc.
- Microvast Inc.
- Saft Batteries
- Samsung SDI
- TDK Corporation/Amperes Technology
- Tianjin Lishen Battery Joint-Stock
- Tianneng Power International
- eCobalt Solutions
For more information about this report visit https://www.researchandmarkets.com/r/11a2ez
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