Lithium Ion Battery Market Analysis by Current Industry Status & Growth Opportunities

The increasing demand of energy-efficient, safe, and low-cost batteries is the key factor driving the growth of the lithium ion battery market. The market was valued at USD 23.51 Billion in 2015 and is expected to grow at a CAGR of 16.6% between 2016 and 2022. The base year considered for the study is 2015 and the forecast period is between 2016 and 2022. 

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The objective of the report is to provide a detailed analysis of the lithium ion battery on the basis of type, power capacity, industry, and geography. The report provides detailed information regarding the major factors influencing the growth of the market. The report also provides a detailed overview of the value chain in the market and analyzes the market trends with Porter’s five forces.

“Lithium ion battery market for lithium nickel manganese cobalt battery type expected to grow at the highest rate between 2016 and 2022”

“The market for 3000mAh to 10000mAh power capacity batteries expected to grow at the highest rate during the forecast period”

“Consumer electronics industry expected to hold the largest share of the lithium ion battery market”

“Europe expected to hold the second-largest share of the lithium ion battery market during the forecast period”

The major players involved in the lithium ion battery market are LG Chem Ltd. (South Korea), Panasonic Corporation (Japan), Samsung SDI Co., Ltd. (South Korea), BYD Co. Ltd. (China), BAK Group (China), A123 Systems, LLC. (U.S.), GS Yuasa Corporation (Japan), Hitachi, Ltd. (Japan), Johnson Controls Inc. (U.S.), Saft Groupe S.A. (France), Toshiba Corporation (Japan), and Valence Technology Inc. (U.S.).

Scope of the Report

This research report categorizes the lithium ion battery market on the basis of type, power capacity, industry, and geography.

Lithium Ion Battery Market, 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 Aluminium Oxide (NCA)

Lithium Ion Battery Market, by Power Capacity:

• 0 to 3000mAh
• 3000mAh to 10000mAh
• 10000mAh to 60000mAh
• More than 60000mAh

Lithium Ion Battery Market, by Industry:

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

Lithium Ion Battery Market, by Geography:

• North America
• Europe
• Asia-Pacific (APAC)
• Rest of the World (RoW)

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