Lithium Battery Market will reach 6690.75 Million USD by the end of 2022 with a CAGR of 2.09% | Radiant Insights, Inc.

Lithium Battery Market will reach 6690.75 Million USD by the end of 2022 with a CAGR of 2.09% | Radiant Insights, Inc.

Radiant Insights, Inc.
Radiant Insights has announced the addition of ‚ÄúLithium Battery Market” Research Report by Manufacturers, Regions, Types and Applications to their database.

A lithium-ion battery or Li-ion battery is a type of rechargeable battery in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. Li-ion batteries use an intercalated lithium compound as one electrode material, compared to the metallic lithium used in a non-rechargeable lithium battery.

The electrolyte, which allows for ionic movement, and the two electrodes are the constituent components of a lithium-ion battery cell. Cells with a cylindrical shape are made in a characteristic “swiss roll” manner, which means it is a single long sandwich of positive electrode, separator, negative electrode and separator rolled into a single spool. The main disadvantage of this method of construction is that the cell will have a higher series inductance. 18650 Lithium Battery is one kind of lithium-ion battery, which size is 18650.

18650 Lithium Battery can be divided into four categories: LiCoO2 Battery type, NMC/NCA type, LiFePO4 Battery type and other types. NMC/NCA type accounted for the highest proportion in sales market, with a figure of 53.70% in 2017, followed by LiFePO4 Battery type, account for 16.45% and LiCoO2 Battery type account for 15.86%.

The sales market share of global 18650 Lithium Battery in Power Banks use, Laptop Battery Packs use, Electric Vehicles use, Flashlights use, Cordless Power Tools use and other applications have been stable year by year, at 13.80%, 4.41%, 32.46%, 11.25%, 10.16% and 27.92% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the 18650 Lithium Battery in the global market tends to be fixed without great changes. Among them, the 18650 Lithium Battery market has the most promising sales prospects in Electric Vehicles use.

XYZ research center data shows that Asia-Pacific is the biggest contributor to the 18650 Lithium Battery revenue market, accounted for 69.07% of the total global market with a revenue of 4166.27 million USD in 2017, followed by Europe, 13.30% with a revenue of 802.35 million USD.

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Panasonic(Sanyo) is the largest company in the global 18650 Lithium Battery market, accounted for 51.57% of the revenue market share in 2017, followed by Samsung SDI and LG Chem, accounted for 23.25% and 12.93% of the revenue market share in 2017. The top five manufacturers account for 94.59% of the revenue market.

The average price of 18650 Lithium Battery will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology, cost of raw materials, as well as the substitute threat.

Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Lithium Battery for these regions, from 2014 to 2026 (forecast), covering

• China
• Europe
• Japan
• Korea
• India
• Southeast Asia
• South America

Global Lithium Battery market competition by top manufacturers/players, with Lithium Battery sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including

• BTR New Energy
• Hitachi Chem
• Shanshan Tech
• Mitsubishi Chem
• Nippon Carbon
• Zichen Tech
• Kureha
• Sinuo Industrial Development
• Morgan AM&T Hairong
• Chengdu Xingneng New Materials
• Tianjin Kimwan Carbon Technology and Development
• Shinzoom

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

• Natural Graphite
• Synthetic Graphite
• Others

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Lithium Battery for each application, including

• Power Battery
• Energy Storage Battery
• Digital Battery
• Others

Continue to read ………..

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