Lithium Ion Battery Market Size to rise at CAGR of 16.5% by 2025

Lithium Ion Battery Market Size, Share, Key players, Trends, Growth & Industry Forecast Research Report, 2025 Segment by Type, Power Capacity, Vertical and Regional Analysis

The global Lithium Ion Battery Market report present evidence-based information and covers all the market details such as the latest technology trends, market opportunity analysis, and competitive landscape. The report also covers regional market share, size along with market drivers and restraints for the forecast period of 2019-2025. Further, this research report also delivers information associated with the latest developments by major players with their respective market share in the market.

According to the global Lithium Ion Battery Market report published by Value Market Research, the market is expected to touch USD 87.4 BN by 2024, with a CAGR of 16.5% growing from USD 30 BN in 2017. 

The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the lithium ion battery market include A123 Systems, LLC., BAK Group, BYD Co. Ltd., GS Yuasa Corporation, Hitachi, Ltd., Johnson Controls Inc., LG Chem Ltd., Panasonic Corporation, Saft Groupe S.A, Samsung SDI Co., Ltd., Toshiba Corporation and Valence Technology Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

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Market Dynamics

Growing usage of lithium ion batteries in vehicles, home and portable electronics owing to its high density and lightweight nature is driving the market growth. Growing demand of smart phones, smart watches, laptop, tablets and others is further spurring the market growth. Also, rising demand for electric vehicles is further fueling the market growth. Apart from this, advantages such as longer life span, high energy density, easy availability, low maintenance is again boosting the lithium ion battery demand in various applications.

This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of lithium ion battery.

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Market Segmentation

The broad lithium ion battery market has been sub-grouped into type, power capacity and vertical. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Type

Lithium Nickel Magnesium Cobalt
Lithium Iron Phosphate
Lithium Cobalt Oxide
Lithium Titanate Oxide
Lithium Manganese Oxide
Lithium Nickel Cobalt Aluminum Oxide

By Power Capacity

0 To 3000mah
3000mah To 10000mah
10000mah To 60000mah
More Than 60000mah

By Vertical

Consumer Electronics
Automotive
Aerospace And Defense
Marine
Medical
Industrial
Power

Regional Analysis

Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for lithium ion battery in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.

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