APAC and North America to hold Major share of 5G Infrastructure Market

 The report "5G Infrastructure Market by Communication Infrastructure (Small Cell & Macro Cell), Core Network (SDN & NFV), Network Architecture (Standalone & Non-standalone), Operational Frequency (Sub 6GHz & Above 6GHz), End User & Geography - Global Forecast to 2027", is valued at USD 784 million in 2019 and is projected to reach USD 47,775 million by 2027, at a CAGR of 67.1%. Lower latency in 5G, growing adoption of virtual networking architecture in telecommunications, and growth in mobile data traffic are among the major factors driving the 5G infrastructure market. Increasing M2M connections across various industries are also expected to drive the 5G infrastructure market growth during the forecast period.

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Small cell for 5G infrastructure held the largest market share in 2019

The market growth of small cells is attributed to low-power wireless access points that provide better quality cellular coverage and capacity for homes, enterprises, metropolitan public spaces, and rural public spaces. In the 5G network, customers expect high speed of data communication with high reliability, which acts as one of the major challenges for network operators. To overall come this challenge, network operators look forward to deploying small cells on a large scale as an alternative to address the need for high speed and highly reliable data communication.

Network function virtualization to grow at higher CAGR in 5G infrastructure market during forecast period

The NFV is designed in such a way that a network operator can quickly implement different network functions via software that can be run on standard server hardware and can be easily shifted or installed in various locations in the network as per requirement without the need to install new hardware equipment. In other words, the network provider will no longer need to procure dedicated or application-specific hardware devices to build, add, or to offer new services. These factors are expected to fuel the growth of NFV in the coming years.

5G NR Non-Standalone (LTE Combined) held larger size in 5G infrastructure market in 2019

Non-standalone (NSA) 5G network refers to having merely 5G NR cells in place with EPC (Evolved packet core). The deployment of 5G cells would solely rely on the existing LTE network for all control functions and add-on services. The 5G NSA architecture operates in master–slave configuration, in which the 4G access node is the master and 5G access node is the slave. Therefore, this deployment option has several limitations as it will depend on the LTE network for significant coverage.

Above 6 GHz to witness fastest growth in 5G infrastructure market in coming years

Above 6 GHz frequencies such as 26 GHz and 28 GHz bands have strong momentum. As they are adjacent, they tend to support spectrum harmonization, and thus reduce handset complexity, economies of scale, and early equipment availability. Governments and regulators must realize the potential of 5G for new mobile bands above 24 GHz. The significant availability of harmonized 5G spectrum in these bands is essential to enable fast 5G speeds, low cost devices, international roaming, and minimize cross border interference.

APAC to witness highest CAGR in 5G Infrastructure market during forecast period

This high growth in APAC is attributed to the adoption of new technologies and advancements in organizations across various industries. 5G network would play an integral role in advanced technologies such as IoT and machine-to-machine communication (M2M), as well as in smart cities and industrial automation. Also, the 5G infrastructure market has huge opportunities in smart cities. Various countries in Asia have either initialized the implementation of smart city projects or are in the planning phase.

The major players in the 5G infrastructure market are Huawei (China), Ericsson (Sweden), Samsung (South Korea), Nokia Networks (Finland), ZTE (China), NEC (Japan), CISCO (US), CommScope (US), Comba Telecom Systems (Hong Kong), Alpha Networks (Taiwan), Siklu Communication (Israel), and Mavenir (US).

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Lithium-ion Battery Market: Major Growth Possibility in APAC form 2021 to 2030

 According to the new market research report "Lithium-Ion Battery Market with COVID-19 Impact Analysis, by Type (Li-NMC, LFP, LCO, LTO, LMO, NCA), Capacity, Voltage, Industry (Consumer Electronics, Automotive, Power, Industrial), & Region (North America, Europe, APAC & RoW) - Global Forecast to 2030", The global lithium-ion battery market size is projected to grow from USD 41.1 billion in 2021 to USD 116.6 billion by 2030; it is expected to grow at a CAGR of 12.3% from 2021 to 2030. The growth of the lithium-ion battery market is majorly driven by surging requirement for continuous power supply from critical infrastructures in wake of COVID-19, increasing demand for plug-in vehicles, growing need for battery-operated material-handling equipment in industries due to automation, continued development of smart devices, and growing adoption of lithium-ion batteries in renewable energy sector.

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10,000–60,000 MAh lithium-ion battery accounted for the larger size of the lithium-ion battery market in 2020.

The 10,000–60,000 MAh segment accounted for the largest market share in 2020. Li-ion batteries with a capacity of more than 10,000 mAh are used for applications requiring high capacity, such as electric vehicles, plug-in hybrid electric vehicles, e-motorcycles, material handling equipment, marine, robots, industrial, telecommunication systems, electronic cash registers, standby power supplies, golf cart vehicles, hybrid trucks, buses, smart grid, aviation industry, automated guided vehicle, yachts, solar backup power, energy storage system (ESS) platforms, military applications, low earth orbit (LEO), medium earth orbit (MEO), and geostationary or geosynchronous orbit (GEO) satellites, and launch vehicles.

Automotive segment is expected to hold the largest size of the lithium-ion battery market in 2020.

Automotive segment is expected to hold the largest share in the lithium-ion battery market during the forecast period. Battery-driven vehicles, such as electric vehicles, e-bikes, and automated guided vehicles, are major consumers of lithium-ion batteries. Depending on their source of power and application, EVs are classified into battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs). There is increasing competition between battery models installed in EVs owing to the need for operational excellence. Increasing adoption and awareness of EVs supports the growth of the lithium-ion battery market. Automobile original equipment manufacturers (OEM) and players within the mobility industry are among the worst hit by the COVID-19pandemic. Automobile OEMs increasingly rely on just-in-time manufacturing, which is presently affecting their production capabilities and overall exports owing to supply chain disruptions. Automobile manufacturing plants are producing and supplying a few automobiles owing to the global supply chain disruptions resulting from lockdowns. This can impact the growth of the lithium-ion battery market until COVID-19 cases stabilize globally.

APAC is projected to be the largest market for lithium-ion battery from 2021 to 2030.

APAC accounted for the largest share of the lithium-ion battery market in 2020. The leading players contributing to the growth of the market in the region are JAC Motors (China), BYD Co. Ltd. (China), BAIC Group (China), SAIC Motor Corporation Limited (China), Nissan Motor Company Ltd. (Japan), Mitsubishi Motors Corporation (Japan), and Toyota Motor Corp. (Japan), among others. Continuous developments in the consumer electronics and automotive verticals have led to an increase in the application of lithium-ion batteries as they offer various advantages, such as high power capacity, increased safety, and reduced pollution. However, the outbreak of COVID-19 has impacted the manufacturing facilities of all verticals across the world, forcing them to shut down. However, production has resumed in a few facilities in China, thereby initiating the manufacturing of some essentials.

BYD Company (China), LG Chem (South Korea), Contemporary Amperex Technology Co. Ltd. (CATL) (China), Samsung SDI (South Korea), Panasonic Corporation (Japan), BAK Group (China), GS Yuasa Corporation (GS Yuasa) (Japan), Hitachi (Japan), Clarios (Germany), and Toshiba Corporation (Japan), are some of the major players in lithium-ion battery market.

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Which Region holds potential share of Battery Energy Storage System Market and what will be the impact of covid-19?

 According to the new market research report "Battery Energy Storage System Market with COVID-19 Impact by Element (Battery, Others), Battery Type (Lithium-Ion, Flow Batteries), Connection Type (On-Grid And Off-Grid), Ownership, Energy Capacity, Application, and Geography - Global Forecast to 2025", the battery energy storage system market is projected to grow from USD 2.9 billion in 2020 to USD 12.1 billion by 2025; it is expected to grow at a CAGR of 32.8% from 2020 to 2025. The growth of this market is expected to be driven by the prevailing trend of adopting low-carbon and less fossil fuel-based economy and ongoing renewable energy revolution, surging requirement of continuous power supply from critical infrastructures in wake of COVID-19, growing adoption of lithium-ion batteries in renewable energy sector owing to their low costs and improved performance, and increasing demand for grid energy storage systems. These factors have helped the battery energy storage system market gain traction in applications, such as utilities, residential, and commercial.

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COVID-19 impact on the battery energy storage system market

The battery energy storage system market has historically been subjected to significant growth due to the rise in demand for battery energy storage systems in the utility sector. However, the outbreak of the COVID-19 pandemic has resulted in a decline in the growth rate.

As a result of COVID-19, the expected growth of several application segments of the battery energy storage system market is expected to decline as it is restricting the supply of batteries and other components and the adoption due to severe disruptions in businesses and the global economy. The current situation has impacted the supply chain of the energy industry, particularly renewable energy technologies and battery energy storage systems. The key components of battery energy storage systems are mainly manufactured in Asia Pacific. The COVID-19 situation has exposed the overdependency on the region for key raw materials, especially China. The business of the energy storage system manufacturers in the US, Germany, and Australia has been adversely affected by the shutdown of operations in China and other Asia Pacific countries. It has also resulted in limited production leading to a serious decline in business inputs. The recovery depends on government assistance as well as the level of corporate debt and how the companies and markets cope with the low demand. The current demand for utility-owned energy storage systems is largely affected by the COVID-19 pandemic. Most of the projects in China, the US, Germany, and South Korea are operational and are used for integrating renewable energy power generation and grid balancing operations. However, some of the companies are facing short-term operational issues due to the limited availability of workforce. In addition, the per capita income of individuals has also been affected due to the pandemic, which has consequently declined the demand for residential battery energy storage systems. However, in countries such as India, where power cut is a major issue, battery energy storage systems have been used as a backup energy source during power shortage. However, there is no major surge in demand.

It is expected that the demand would increase in the coming years, and the market would recover by 2022. The deployment of battery energy storage in upcoming projects in the utility sector will support the recovery of the market. After the recovery phase, the market is expected to grow at a moderate rate until 2025.

The battery energy storage system market in APAC is projected to grow at the highest CAGR during the forecast period.

APAC held the largest share of the battery energy storage system market in 2019. APAC is a hub for the battery energy storage system industry. APAC is expected to witness plans for electrification in remote areas, which are majorly off-grid in several countries. The use of residential energy storage technology will enable to increase access to electricity for these remote and island communities in the region. Energy storage investments are expected to increase substantially within the region as the governments in growing economies are making new policies to improve the reliability and quality of the power distribution facilities for the residential customers.

However, the market in Asia Pacific is expected to witness a sharp decline during the forecast period due to the sudden outbreak of the COVID-19 pandemic. The key components of battery energy storage systems are mainly manufactured in Asia Pacific. The COVID-19 situation has exposed the overdependency on the region for key raw materials, especially China. The business of the energy storage system manufacturers in the US, Germany, and Australia has been adversely affected by the shutdown of operations in China and other Asia Pacific countries.

Besides APAC, North America holds a significant market share. The growth of the North American market is depended on the increasing demand for renewable energy storage systems in the residential, non-residential, and utility sectors. In 2019, the US accounted for about 0.9 GW of battery energy storage system installed. Companies such as Tesla, ABB, General Electric, and Honeywell are the key players in the region, which are focusing on installing and providing battery energy storage systems. There is a pipeline of giant lithium-ion projects scheduled for completion by 2021 in the US.

Key Market Players

The battery energy storage system market players have implemented mostly organic growth strategies, such as new product launches, partnerships, agreements, and contracts, to strengthen their offerings in the market. ABB (Switzerland), Panasonic (Japan), Siemens AG (Germany), Samsung SDI (South Korea), LG Chem (South Korea), General Electric (US), Hitachi (Japan), Tesla (US), Toshiba (Japan), AEG Power Solutions (Netherlands), The AES Corporation (US), Delta Electronics, Inc. (Taiwan), TrinaBESS (China), Primus Power (US), NEC Corporation (Japan), BYD (China), and Johnson Controls (US) are some of the major players in the market.

The study includes an in-depth competitive analysis of these key players in the battery energy storage system market with their company profiles, recent developments, and key market strategies.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Which Region will lead Lithium-Ion Battery Market?

 According to the new market research report "Lithium-Ion Battery Market by Type (Li-NMC, LFP, LCO, LTO), Power Capacity (0-3,000 mAh, 3,000 mAh-10,000 mAh, 10,000 mAh-60,000 mAh, above 60,000 mAh), Industry (Consumer Electronics, Automotive, Industrial), Voltage, Region – Global Forecast to 2025", is estimated to grow from USD 44.2 billion in 2020 to reach USD 94.4 billion by 2025 at a CAGR of 16.4%. The lithium-ion battery industry is likely to exhibit lucrative growth potential during the forecast period. Factors such as increasing demand for plug-in vehicles, growing need for automation & battery-operated material-handling equipment in industries, increasing demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for various industrial applications are driving the growth of the lithium-ion battery market.

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APAC to dominate the lithium-ion battery industry during the forecast period

APAC dominated the global lithium-ion battery market in 2019. The market mainly comprises China and India, which have considerable potential for many application areas for lithium-ion batteries. China being a global automotive manufacturing hub, holds immense potential for the growth of the lithium-ion battery industry. An increase in the production of electric vehicles and lithium-ion batteries used in vehicles is driving the market in China.

Furthermore, China is also one of the world's leading producers of electronic devices. This is expected to drive the market across multiple applications in China. Also, the presence of several electronic manufacturers such as Panasonic (Japan), Sony Corp. (Japan), Samsung SDI (South Korea), and LG Electronics (South Korea) in the region is one of the key factors driving the market for lithium-ion batteries.

Europe accounted for the second-largest share of the global market in 2019. Presence and active association in Europe, such as the Association of European Automotive Industrial Battery Manufacturers and PRBA is supporting the use of lithium-ion battery in different applications in safe mode by their set standards and certification. Extensive investments in the R&D of battery production and well-established automotive sector in Germany, high adoption of electric vehicles in developed countries, and investments by governments for increasing the battery production are the key factors driving the lithium-ion battery market in this region.

Key Market Players

Some major companies operating in the global lithium-ion battery market are BYD Company (China), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), BAK Group (China), GS Yuasa Corporation (Japan), Hitachi (Japan), Johnson Controls (Ireland), Toshiba (Japan), Lithium Werks (The Netherlands), CALB (China), Saft Groupe, (France), VARTA Storage (Germany), Farasis Energy (California), and Sila Nanotechnologies (California).

LG Chem has an energy solution division that works on developing differentiated materials for automotive and mobile batteries with the integration of the latest technology. Under its energy solution segment, it provides mobile batteries, automotive batteries, and energy storage systems. Under its mobile batteries division, it delivers cylindrical, prismatic, polymer batteries for mobile devices, electric tools, electric bicycles, and smartwatches. LG Chem built a 41,300 m2 sized production base in Wroclaw, Poland, by investing USD 380 million in its Polish subsidiary, LG Chem Wroclaw Energy. After the completion of the production base in 2018, it could supply lithium-ion batteries for 100,000 electric vehicles every year, resulting in the production capacity for 280,000 electric vehicles by leveraging the company's production system (Korea, US, China, and Poland).

Lithium cobalt oxide (LCO) held the largest size of the lithium-ion battery market during the forecast period

Lithium cobalt oxide (LCO) held the largest size, in terms of value, of the lithium-ion battery market in 2019. The market of LCO battery type is the largest due to its application in consumer electronics, which have a major share of the overall lithium-ion battery industry. High energy density acts as a power source for consumer electronics. The energy density of any LCO battery is very high, but it has low stability and power density. Its life cycle is not as long as its counterparts, whereas the cost of manufacturing these batteries is fairly reasonable owing to the use of graphite carbon and cobalt.

Power capacity range of 3,000–10,000 mAh is expected to grow at the highest CAGR during the forecast period

Power capacity range of 3,000–10,000 mAh is expected to grow at the highest CAGR between 2020 and 2025. The market for this range is expected to grow at a high CAGR since it covers a majority of industries such as consumer electronics, electric vehicle, power tools, and aerospace & defense. This makes it more desirable in the near future for numerous applications. Its heavy power capacity makes it useful for industries such as electric vehicles and industrial uses. The increasing market for consumer electronics and smartphones has increased the need for batteries with high power capacity that can keep the device running for long hours and, at the same time giving an optimum experience of the device due to large screen and power back up service.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Geotechnical Instrumentation and Monitoring Market: Opportunities in APAC and GCC countries

 According to the new market research report "Geotechnical Instrumentation and Monitoring Market with Covid-19 Impact Analysis by Offering (Hardware & Software, and Services), Networking Technology (Wired, Wireless), Structure, Application, End User, and Geography - Global Forecast to 2025", The GTIM market is projected to reach USD 4.5 billion by 2025 from USD 2.9 billion in 2020; it is expected to grow at a CAGR of 9.2% from 2020 to 2025. Major drivers for the growth of the market are significant rise in infrastructure investments across various countries, use of geotechnical instrumentation to prevent failure of geotechnical structures and loss of lives, stringent government regulations to make structures more sustainable and safer, and growing awareness about benefits of GTIM tools. Opportunities in APAC and GCC countries, and investments in oil & gas and major energy projects is creating ample growth opportunities in the market.

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Opportunity: Opportunities in APAC and GCC countries

The rate of adoption of GTIM is increasing in major countries of APAC, such as India and China. APAC countries are densely populated, and governments in these countries focus on infrastructural developments for their growth and sustainability. Market players from the Americas and Europe are actively meeting the geotechnical instrumentation and monitoring requirements of various projects in APAC.

With the Americas being in the leading position in adopting GTIM techniques and services, the demand for GTIM is on the rise at the global level. The US and several European countries are aggressively and systematically using GTIM techniques to prevent possible structural failure and monetary losses. APAC countries, such as China, Japan, and Singapore; and GCC countries, such as the UAE, Saudi Arabia, and Qatar, present a huge potential for the GTIM market, considering their infrastructural investments in buildings, utilities, bridges, and tunnels.

Challenge: Negative impact of COVID-19 on construction engineering

COVID-19 has turned into a global crisis, evolving at high speed and scale. No industry is immune to this crisis and engineering and construction are no exception. Contractors are at the forefront as they are service and product providers at the same time. COVID-19 affects both materials, and labor, the key cost components of construction projects, and by doing so, challenges on-going project delivery, companies’ liquidity, and whole business models.

The construction supply chain is highly impacted, generating project slippage and/or extra costs. Enhanced focus on worker safety and increased cost pressure could accelerate the move to offsite construction methods. The efficiency and controlled environment of factory production can help in leveraging labor costs and in optimizing project schedules. To increase competitiveness, engineering and construction companies should improve the balance between site work, engineers, and factory assembly.

The GTIM market in Americas projected to hold the largest share in 2025.

The GTIM market in the Americas is expected to grow at a significant rate owing to an increase in investments in infrastructural projects in the region. For instance, from 2009 to 2017, the US federal government and local government spent about USD 440 billion on infrastructure. In addition, countries such as the US and Canada are increasingly adopting geotechnical instrumentation and monitoring tools to ensure the safety and security of structures and their people.

Additionally, in the Americas, both government and private sectors are aggressively involved in large-scale infrastructure projects. For example, the Nevada Department of Transportation (NDOT) has constructed a 4-lane concrete interstate freeway between Silverline Road and Foothill Drive in Henderson. The government spent USD 83 million in this project. This is one of the many projects in the region. Such new infrastructure projects would upsurge the demand for geotechnical instrumentation and monitoring tools. Therefore, the rapid development of new infrastructures in the Americas is one of the major driving factors for the market growth in this region.

Fugro (Netherlands), Keller Group plc. (UK), Nova Metrix LLC (US), Geocomp Corporation (US), GEOKON (US), Sisgeo S.r.l (Italy), COWI A/S (Denmark), RST Instruments Ltd. (Canada), James Fisher and Sons plc (UK), and Deep Excavation LLC (US)are a few major players in the GTIM market.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Audio Codec Market: China, by country, is expected to share the largest market share during the forecast period

 The report "Audio Codec Market by Component Type (Hardware and Software), Application (Desktop and Laptop, Mobile Phone and Tablet, Headphones, Headset and Wearable Devices), and Region - Forecast to 2025 ", is projected to grow from USD 5.9 billion in 2020 to USD 7.8 billion in 2025, at a CAGR of 5.5%. The growth can be attributed to the rising demand IoT enables devices and shift in consumer trend towards smart devices and electronics.

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Software audio codec, by component type, is expected to grow at the highest CAGR during the forecast period

The demand toward software audio codec products is showing the fastest growth in the forecast period as the inclination of technologies is rising towards software as it is convenient, less expensive, easily fragmented for encoding and decoding.

Others application, is expected to grow at the largest market share during the forecast period

Others application include software platforms, broadcasting, audio production & recording, and IP telephony. As the companies are shifting towards software enabled and updated device for convenience this gives a boost to software platforms. Moreover, the entertainment channels such as radio, music, movies, TV shows require audio production and recording in order to provide best quality music to the user base, hence require audio codec products for various audio related applications.

China, by country, is expected to share the largest market share during the forecast period.

China is set to witness the largest market share across the forecast period due to the numerous manufacturing capabilities of the region. The large manufacturing companies such as Xiaomi, Lenovo, oppo and others require audio codec products for smartphones, laptops and computers. Moreover, the automotive companies in China require audio codec products for music systems and communication which is also gaining traction.

Key market players

Key players in the audio codec market include Cirrus Logic (US), Qualcomm (US) and Realtek Semiconductor (Taiwan). Cirrus Logic is a well-known player for providing innovative and customized audio codec solutions and products in the audio market. Strong brand name and customer base are among the key factors that resulted in the leading position of Qualcomm in the market. Apart from the strong brand name and customer base, the company has strong R&D capabilities and geographic presence. Qualcomm focuses on strategies such as product launches and product development to strengthen its product portfolio and maintain its position in the audio codec market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
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MarketsandMarkets™ INC.
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Power Electronics Market: Renewable energy generation is one of the key revenue pockets

 According to the new market research report on the "Power electronics Market with COVID-19 Impact Analysis by Device Type (Power Discrete, Power Module and Power ICs), Material (Silicon, Silicon Carbide and Gallium Carbide), Voltage (Low Voltage, Medium Voltage and High Voltage), Vertical (ICT, Consumer Electronics, Industrial, Automotive & Transportation, Aerospace & Defense), and Geography - Global Forecast to 2025", The global power electronics market size is expected to grow from USD 35.1 billion in 2020 to USD 44.2  billion by 2025, at a CAGR of 4.7%.

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APAC is expected to grow at the highest CAGR during the forecast period

APAC is likely to grow at the highest CAGR for the global power electronics industry from 2020–2025. APAC is expected to continue to hold the largest market size and expected to be the fastest-growing region in the power electronics market owing to the rapid development of consumer electronics products, which drives power IC market. Consumer electronics, industrial, and automotive are among important verticals in the APAC market

Renewable energy generation is one of the key revenue pockets for the market in APAC. Governments in multiple countries of the region are motivating the shift towards renewable energy generation, mainly photovoltaics or solar, in the form of various offers and subsidies. Fast-track adoption of electric vehicles across the region is also a prime factor driving the power electronics market growth. Various countries in APAC have set targets to increase the adoption of electric vehicles to reduce pollution levels. For instance, China raised its 2025 sales target for electrified cars; the country wants about 25% of new cars sold by 2025 to be electrified. The Japanese government has aimed to have all new cars sold in Japan to be electric or hybrid vehicles by 2050. Likewise, the Korean Government is aiming to achieve electrification of 33% of new vehicles by 2030. All these factors expected to drive the growth of the power electronics market in APAC.

Automotive & Transportation vertical to grow at highest CAGR during the forecast period

The advent of electric and hybrid vehicle production has enhanced the demand for power electronic products to a great extent. Also, increasing concerns regarding environmental pollution and sustainable growth have increased government support in several countries to boost the production of electric vehicles, supported by incentives. This is expected to develop and expand the charging infrastructure and provide opportunities for the market. China is one of the largest markets for electric vehicles, and it has scaled up the production by implementing new policies and subsidies aimed at automobiles, particularly new energy vehicles. APAC to hold the highest market share for the power electronics market during the forecast period

APAC is expected to grow at the highest CAGR during the forecast period

Major players in the power electronics market are Infineon Technologies (Germany), ON Semiconductor (US), STMicroelectronics (Switzerland), Mitsubishi Electric (Japan), Vishay Intertechnology (US), Fuji Electric (Japan), NXP Semiconductors (Netherlands), Renesas Electronics (Japan), Texas Instruments (US), Toshiba (Japan), ABB (Switzerland), GaN Systems (Canada), Littelfuse (US), Maxim Integrated (US), Microchip (US), ROHM (Japan), SEMIKRON (Germany), Transphorm (US), UnitedSiC (US), and Wolfspeed, A Cree Company (US).

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Geographic Information System Market Opportunity | Development of 4D GIS Software & Augmented Reality Platforms for GIS

The global geographic information systems (GIS) market size is expected to grow from USD 8.1 billion in 2020 to USD 14.5 billion by 2025 at a CAGR of 12.4% from 2020 to 2025. Development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, growing investments in modern GIS solutions, and increasing accessibility of spatial data and cloud technology are some of the major factors driving the growth of the GIS market.

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“Geographic information system market for software to grow at a higher CAGR during the forecast period”

The GIS software market is expected to grow significantly during the forecast period owing to the increasing use of GIS in urban planning, disaster management, transport management, and smart city development. Integration of GIS with customer relationship management (CRM) and enterprise resource planning (ERP) has increased the use of GIS for business intelligence and marketing. With the advent of cloud computing and artificial intelligence, GIS analytics software is expected to have great potential to expand the GIS market for software during the forecast period.

“GIS market for the agriculture industry is expected to grow at highest CAGR during the forecast period

The GIS industry for the agriculture industry is expected to grow at the highest CAGR during the forecast period. GIS solutions help farmers to achieve increased productivity and reduced costs by enabling better management of land resources. GIS can reduce the risk of marginalization and vulnerability of small and marginal farmers globally. Furthermore, there is a considerable demand for GIS in the agriculture industry for livestock monitoring, crop management, and the monitoring and management of soil and the irrigation of farmlands. The growth of the global agriculture sector, coupled with the increasing penetration of technology in the field, is expected to drive the growth of the GIS market.

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“APAC expected to grow at the highest rate between 2020 and 2025”

APAC is expected to be the fastest-growing GIS market during the forecast period. In this region, geospatial technologies are being utilized for rural and agricultural development over the last decade. In APAC, companies across various sectors, such as architecture, engineering & construction, mining & manufacturing, and agriculture, are using GIS technologies to identify the potential markets and using geospatial information to make strategic decisions. Surveying and mapping technologies are used widely in the APAC region. In addition, the development of smart cities in China, India, and other Southeast Asian countries has driven demand for GIS in this region.

Major players involved in the GIS software market include Autodesk Inc. (US), Bentley System, Inc. (US), Environmental Systems Research Institute, Inc. (Esri) (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US).

The other players in this market include Maxar Technologies Inc. (US), Hi-Target Surveying Instrument Co. Ltd. (China), TomTom International (Netherlands),SuperMap Software Co., Ltd (China), General Electric Co. (US), FARO Technologies, Inc. (US), L3Harris Technologies, Inc. (US), Takor Group Ltd. (Australia), Maptoss Technologies Pvt. Ltd. (India), Computer Aided Development Corporation Limited (UK), Blue Marble Geographics (US), and PASCO CORP. (Japan).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™ INC.
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Geotechnical Instrumentation and Monitoring Market | Which region will exhibit high growth in the coming years?

The geotechnical instrumentation and monitoring market (GTIM) is expected to grow from USD 3.3 billion in 2019 to USD 5.0 billion by 2024, growing at a CAGR of 9.0%. Factors driving the demand for these instruments include a significant rise in infrastructure investments across various countries; stringent government regulations to make structures more sustainable and safer; failure of geotechnical structures results in loss of lives and destruction of infrastructure, as well as financial losses; and increased awareness about benefits of GTIM tools.

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The GTIM market in Asia Pacific will grow at the highest rate due to the growing adoption of the geotechnical instrumentation and monitoring techniques for various projects in construction, energy & power, oil & gas, and mining verticals. Increased demand for GTIM tools and services from countries such as China, Japan, South Korea, and India will boost the GTIM market growth during the forecast period.

 

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APAC to exhibit fastest growth in GTIM market from 2019 to 2024

Asia Pacific (APAC) is expected to exhibit the highest CAGR during the forecast period. Major factors driving the growth of the GTIM market in APAC include the increased spending on infrastructure projects in developing countries such as China and India. Factors such as increased population and rapid urbanization have increased the use of structures such as bridges, buildings, highways, and tunnels. Countries such as China and South Korea have many skyscraper buildings. Moreover, India is increasingly adopting geotechnical instrumentation and monitoring solutions for projects related to geotechnical facilities such as tunnels, bridges, and dams. A few of the companies in APAC offering GTIM hardware components and services are Ryobi G (Singapore), Ace Instruments Co., Ltd. (Korea), Geotechnical Services Pty. Ltd. (Australia), Encardio-rite Electronics Pvt. Ltd. (India), Aimil Ltd. (India).

Fugro (Netherlands), Keller Group (UK), Nova Metrix LLC (US), Geokon Incorporated (US), and Geocomp Corporation (US) are among a few major players in the geotechnical instrumentation and monitoring (GTIM) market.

 

APAC is expected to be fastest-growing market during forecast period

The GTIM market in Asia Pacific will grow at the highest rate due to the growing adoption of the geotechnical instrumentation and monitoring techniques for various projects in construction, energy & power, oil & gas, and mining verticals. Increased demand for GTIM tools and services from countries such as China, Japan, South Korea, and India will boost the GTIM market growth during the forecast period.

Key market players

Major vendors in the GTIM market include Fugro (Netherlands), Keller Group (UK), Nova Metrix LLC (US), Geokon Incorporated (US), and Geocomp Corporation (US), Sisgeo SRL (Italy), COWI A/S (Denmark), James Fisher and Sons (UK), Deep Excavation LLC (US).

Wireless technology will grow at faster rate for GTIM during forecast period.

The GTIM market with wireless technology is expected to grow at a faster rate during the forecast period. Wireless technology provides options to connect traditional instruments, such as accelerometers, settlement monitors, and inclinometers, with a network in closed tight urban construction sites, without complex cable network. The key idea behind the efficient performance of wireless instruments in critical structures, such as mines, is to connect all monitoring instruments to wireless systems and technologies that enable data to be collected and processed centrally. Through this arrangement, risks, such as rock falls, collapses, and cave-ins, related to mines, can be avoided. These benefits will prompt the increased demand for wireless technology in the coming years.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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5G Infrastructure Market | What would be the share of North America and APAC in this market the next 5 years?

The 5G infrastructure market is estimated to be valued at USD 784 million in 2019 and is projected to reach USD 47,775 million by 2027, at a CAGR of 67.1%. The major driving factors is the lower latency in 5G, growing adoption of virtual networking architecture in telecommunications, and growth in mobile data traffic are driving the market. Increasing M2M connections across various industries are also expected to drive the 5G infrastructure growth during the forecast period.

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APAC to witness highest CAGR in 5G Infrastructure market during forecast period

This high growth in APAC is attributed to the adoption of new technologies and advancements in organizations across various industries. 5G network would play an integral role in advanced technologies such as IoT and machine-to-machine communication (M2M), as well as in smart cities and industrial automation. Also, the 5G infrastructure market has huge opportunities in smart cities. Various countries in Asia have either initialized the implementation of smart city projects or are in the planning phase.

North America to hold major share of 5G infrastructure market in 2019

North America is one of the leading markets for 5G infrastructure, in terms of R&D activities in 5G technology, network design/deployment, and presence of key market players. North America is well known for its high adoption rate of new advanced technologies including Internet of Things (IoT), wearable technology, autonomous car/connected cars. Reliable and fast connectivity required for these technologies is addressed by 5G. Therefore, high growth opportunities for the said market in North America can be expected.

Key Market Players

The major players in the 5G infrastructure market are Huawei (China), Ericsson (Sweden), Samsung (South Korea), Nokia Networks (Finland), ZTE (China), NEC (Japan), CISCO (US), CommScope (US), Comba Telecom Systems (Hong Kong), Alpha Networks (Taiwan), Siklu Communication (Israel), and Mavenir (US).

Huawei (China) is the leader in the 5G infrastructure market. The company is a global information and technology solutions provider. It has about 36 joint innovation centers and 14 R&D centers, with a widespread presence and serves its customers in about 170 countries. The company is also among the major vendors of the telecom network infrastructure. The network equipment provided by Huawei has always been a major part of rollouts in APAC, Europe, the US, and other emerging regional markets across the world. Huawei is looking forward to work with its partners to activate transformation in enterprise collaboration and communication, which includes 10-fold network capacity expansion, 10 dB coverage improvement, 10 times better user experience, and introduces artificial intelligence (AI) to simplify networks.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Geographic Information System Market | Which Region will hold the highest Growth possibility

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The global geographic information systems (GIS) market size is expected to grow from USD 8.1 billion in 2020 to USD 14.5 billion by 2025 at a CAGR of 12.4% from 2020 to 2025. Development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, growing investments in modern GIS solutions, and increasing accessibility of spatial data and cloud technology are some of the major factors driving the growth of the GIS market.

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“APAC expected to grow at the highest rate between 2020 and 2025”

APAC is expected to be the fastest-growing GIS market during the forecast period. In this region, geospatial technologies are being utilized for rural and agricultural development over the last decade. In APAC, companies across various sectors, such as architecture, engineering & construction, mining & manufacturing, and agriculture, are using GIS technologies to identify the potential markets and using geospatial information to make strategic decisions. Surveying and mapping technologies are used widely in the APAC region. In addition, the development of smart cities in China, India, and other Southeast Asian countries has driven demand for GIS in this region.

China is investing heavily in infrastructure development and urban area planning. This investment in the construction industry would boost the market for geospatial surveying technologies such as GNSS receivers and GIS collectors. The growth of the construction industry in Japan is creating opportunities for the GIS market in construction processes. With the emerging urban sector in India, there has been a considerable demand for geospatial technologies that can support various types of urban development projects.

Major players involved in the GIS software market include Autodesk Inc. (US), Bentley System, Inc. (US), Environmental Systems Research Institute, Inc. (Esri) (US), Hexagon AB (Sweden), Pitney Bowes Inc. (US), Topcon Corporation (Japan), and Trimble Inc. (US).

The other players in this market include Maxar Technologies Inc. (US), Hi-Target Surveying Instrument Co. Ltd. (China), TomTom International (Netherlands),SuperMap Software Co., Ltd (China), General Electric Co. (US), FARO Technologies, Inc. (US), L3Harris Technologies, Inc. (US), Takor Group Ltd. (Australia), Maptoss Technologies Pvt. Ltd. (India), Computer Aided Development Corporation Limited (UK), Blue Marble Geographics (US), and PASCO CORP. (Japan).

Trimble (US) is one of the key players in the GIS market, with operations in all the major geographic regions. It is also a leading provider of location-based solutions, including 3D scanners and software solutions. Product launches and acquisitions are the major strategies adopted by the company to compete in the market. It has launched several new GIS solutions in the fiscal year 2018–2019; the company continuously focuses on the development of advanced technologies and product enhancement. The company has acquired two major businesses providing products and services that are in sync with its geospatial and surveying solutions. The company caters to a variety of end-users, including agriculture, construction, natural resources, utilities, government, and transportation and logistics.

Pitney Bowes (US) is a leading provider of customer information management, location intelligence, shipping and mailing, and e-commerce solutions. The company has an extensive geographic presence across regions, such as North America, Europe, APAC, Africa, and the Middle East. It invests lesser in R&D compared with other players in the market. The company focuses on alliances and partnerships with strategic companies to grow in the market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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What will be the growth of the lithium-ion battery market in news future?

The global lithium-ion battery market size is estimated to grow from USD 44.2 billion in 2020 to USD 94.4 billion by 2025; it is expected to grow at a CAGR of 16.4%. The growth of this market is likely to be driven by the excellent features of li-ion batteries, increasing adoption of consumer electronics, and growing R&D initiatives by different organizations & battery manufacturers. Moreover, an increase in demand for plug-in vehicles, rising need for automation and battery-operated material-handling equipment in industries, propelling demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for industrial applications are other key driving factors.

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Lithium cobalt oxide (LCO) held the largest size of the lithium-ion battery market during the forecast period

Lithium cobalt oxide (LCO) held the largest size, in terms of value, of the lithium-ion battery market in 2019. The market of LCO battery type is the largest due to its application in consumer electronics, which have a major share of the overall lithium-ion battery industry. High energy density acts as a power source for consumer electronics. The energy density of any LCO battery is very high, but it has low stability and power density. Its life cycle is not as long as its counterparts, whereas the cost of manufacturing these batteries is fairly reasonable owing to the use of graphite carbon and cobalt.

Power capacity range of 3,000–10,000 mAh is expected to grow at the highest CAGR during the forecast period

Power capacity range of 3,000–10,000 mAh is expected to grow at the highest CAGR between 2020 and 2025. The market for this range is expected to grow at a high CAGR since it covers a majority of industries such as consumer electronics, electric vehicle, power tools, and aerospace & defense. This makes it more desirable in the near future for numerous applications. Its heavy power capacity makes it useful for industries such as electric vehicles and industrial uses. The increasing market for consumer electronics and smartphones has increased the need for batteries with high power capacity that can keep the device running for long hours and, at the same time giving an optimum experience of the device due to large screen and power back up service.

APAC to dominate the lithium-ion battery industry during the forecast period

APAC dominated the global lithium-ion battery market in 2019. The market mainly comprises China and India, which have considerable potential for many application areas for lithium-ion batteries. China being a global automotive manufacturing hub, holds immense potential for the growth of the lithium-ion battery industry. An increase in the production of electric vehicles and lithium-ion batteries used in vehicles is driving the market in China.

Key Market Players

Some major companies operating in the global lithium-ion battery market are BYD Company (China), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), BAK Group (China), GS Yuasa Corporation (Japan), Hitachi (Japan), Johnson Controls (Ireland), Toshiba (Japan), Lithium Werks (The Netherlands), CALB (China), Saft Groupe, (France), VARTA Storage (Germany), Farasis Energy (California), and Sila Nanotechnologies (California).

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441