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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Crew Management System market - North America is projected to lead during the forecast period

The crew management system market is projected to grow from an estimated USD 1.31 Billion in 2016 to USD 2.35 Billion by 2022, at a CAGR of 10.19% from 2016 to 2022. 

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The objectives of this study are to analyze the crew management system market, along with the provision of statistics from 2016 to 2022 as well as to define, describe, and forecast the crew management system market on the basis of application, system, device, and region. The year 2015 has been considered the base year, whereas, 2016 to 2022 has been considered the forecast period for the market study.

Among systems, the on-cloud segment is expected to lead the crew management system market during the forecast period. The cloud computing technology is having an increasing impact on daily life, and the aviation industry is no different. An increasing number of airlines are adapting to the cloud technology to obtain ease of operations and excellence in client servicing.

On the basis of device, the tablet segment of the crew management system market is expected to grow at the highest CAGR during the forecast period. This is attributed to the introduction of the use of tablets for cabin crew to reduce complicated paper-based/manual operations in performing their day-to-day functions like meal distribution and passenger management.

North America is projected to lead the crew management system market during the forecast period. The crew management system market in North America is expected to be driven by the increase in the number of airlines entering the market. The demand for crew management system providers in the North American region is expected to be the highest owing to the existence of the world’s leading airliners including American Airlines, Delta Air Lines, and Southwest Airlines, among others.

Major players profiled in the crew management system market report are Sabre Airline Solutions (U.S.), Lufthansa Systems (Germany), Jeppesen (U.S.), Hexaware Technologies (India), and IBS Software Services (India), among others.

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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 5000 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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Power Line Communication Market projected to be worth 9.45 Billion USD by 2023

The power line communication market is valued at USD 5.47 Billion in 2017 and is expected to reach USD 9.45 Billion by 2023, at a CAGR of 9.53% during the forecast period. The growing deployment of smart grids coupled with the fact that power line communication is one of the major communication technologies that is being used for smart grid communications is one of the major factors driving the growth of the market. Moreover, the increasing demand for broadband power line communication devices in the indoor networking application has led to the growth of the market.

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The report segments the power line communication market on the basis of offering, frequency, application, vertical, and geography. The said market is expected to be led by the narrowband power line communication segment during the forecast period. Substation communication and advanced metering are the main application areas of narrowband power line communication technology-based products. Substation communication and advanced metering applications hold a significant share of the overall power line communication market. This factor has led to the dominant position of the narrowband segment in the market.

The industrial vertical accounted for the largest share of the overall power line communication market. The high adoption of power line communication technology-based products, especially for the substation communication application has led to the dominance of this vertical in the said market.

The market for the energy management and smart grid application is expected to witness a significant growth during the forecast period. Substation communication and advanced metering were the main application areas that held a significant share of the power line communication market for the energy management and smart grid application in 2016. Micro inverter monitoring, vehicle communication and electric vehicle charging, and lighting control are the other emerging applications.

Europe held largest share of the market in 2016

Europe held the largest share of the power line communication market in 2016. Italy accounted for the largest share of the power line communication market in Europe, followed by France, the UK, and Germany. In 2016, the advanced metering application accounted for a significant portion of the power line communication market in Europe. This can be attributed to the initiatives taken by the government and utilities for the deployment of smart meters. Italy was the pioneer in Europe in terms of large-scale smart meters deployment. Moreover, the UK government has set a target of deploying nearly 53 million smart meters across 30 million homes and small businesses by 2020.

Some of the players operating in the power line communication market include Siemens (Germany), NETGEAR (US), ABB (Switzerland), AMETEK (US), Schneider Electric (France),  General Electric (US), Hubbell Power Systems (US), TP-Link Technologies (China), D-Link (Taiwan), Landis+Gyr (Switzerland), Belkin International (US), Corinex Communications (Canada), devolo (Germany), and Zyxel Communications (Taiwan).

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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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Silicon Anode Battery Market | Revenue Intelligence Study | 1,018.3 Million USD by 2022

The silicon anode battery market is expected to grow at a CAGR of 43.4% between 2016 and 2022, and is projected to reach USD 1,018.3 Million by 2022 from USD 96.5 Million in 2015. 

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The growth of the silicon anode battery market is expected to be driven by factors such as growing R & D activities by major companies to develop batteries that have significantly high energy storage capacity and longer life and increasing demand for eco-friendly electrical vehicles. Silicon anode lithium batteries are being widely used for portable electronic devices, due to their superior energy density and high cell voltage, which is expected to boost the growth of the silicon anode battery market in near future.

The scope of this report covers the silicon anode battery market on the basis of capacity, type, application, and geography. In terms of capacity, 1,500 to 2,500 mAh was the largest segment of the market in 2015. Silicon anode batteries are majorly used in consumer electronics, such as smartphones, mobiles & tablets, laptops and wearable devices among others. These batteries are expected to help meet the future requirements of energy storage, long cycle life, safety, and reliability. There has been an increased demand for silicon anode battery from automotive manufacturers for use in plug-in electric vehicle to increase their all-electric range with the same volume of batteries or use fewer batteries to achieve the same range.

Based on type, prismatic is expected to be the largest segment of the silicon anode battery market in 2016. Modern prismatic cells make optimal use of space by using the layered approach as compared to traditional cell. Prismatic cells improve space utilization and allow flexible design; however, these cells have a shorter cycle life, can be expensive to manufacture, and less efficient in thermal management as compared to cylindrical cells.

APAC expected to witness highest growth during the forecast period

The implementation of silicon anode battery is increasing in APAC, and is expected to witness substantial investments by various companies to set up their silicon anode battery manufacturing base in the region. Silicon anode batteries have gained popularity among the automobile manufacturers as they offer an alternative to nickel metal batteries used in electric vehicles, due to their small size and lightweight. Thus, the increasing demand for electrical vehicle (EV), hybrid electric vehicle (HEV) and plug-in hybrid vehicle (PHV) would foster the adoption of silicon anode Li-ion batteries in APAC.

Some of the key players in the global silicon anode battery market are Amprius, Inc. (U.S.), Panasonic Corp (Japan), Samsung SDI (South Korea), LG Chem (South Korea), Nexeon Limited (U.K.), Los Angeles Cleantech Incubator (U.S), Nanotek Instruments, Inc. (U.S.), Enevate Corporation (U.S.), Zeptor Corporation (U.S.), XG Sciences (U.S.), and California Lithium Battery Inc. (U.S.).

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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. 

M&M’s flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. 

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Thermoelectric modules market for the deep cooling modules is expected to grow at a higher CAGR

The thermoelectric modules market is expected to grow from USD 527.5 Million in 2017 and is expected to reach USD 890.6 Million by 2023, at a CAGR of 9.12% between 2017 and 2023. The demand for thermoelectric modules is mainly driven by its superior advantages such as precise temperature control, compact geometric size, reliable solid state operations, lower power consumption, rapid temperature cycling, fully reversible switch in polarity, integrated design, and rapid response time.

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This report covers the thermoelectric modules market based on technology, type, functionality, end-use application, offering, and region. Currently, the telecommunications application dominates the global market and is expected to be a lead the market during the forecast period. This growth is attributed to the wide deployment of thermoelectric modules in the telecommunications applications such as optical channel monitors (OCM), community antenna television (CATV) lasers, transmission lasers (DWDM), avalanche photodiodes (APD), pump lasers (EDFA), and photonic integrated circuits (PIC).

The deep cooling modules are estimated to hold the largest share, and grow at a higher CAGR between 2017 and 2023. This growth is attributed to the increasing use of deep cooling modules in various applications such as infrared (IR) detectors, charged couple discharge (CCD) arrays, electro-optics industrial cooling, temperature control, water coolers (chillers), and cold chambers for climatic tests of radio electronic components.

The market for the software and services offering is expected to grow at a higher rate between 2017 and 2023. The increasing adoption of the software and services offering is due to the emergence of various companies offering simulation, designing and engineering, and testing and compliance software and services in the market. For instance, Laird (UK) offers AZTEC thermoelectric module simulation software. Moreover, some software help in providing solutions to thermoelectric module cooling assembly design issues. For instance, TECCad software offered by RMT Ltd. (Russia) aids in addressing and resolving thermoelectric modules assembly design issues.

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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 5000 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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Software to hold largest share of AI in marketing market by 2025

Software holds a major share of the overall AI in marketing market owing to the developments in AI software and related software development kits. AI systems require different types of software, including application program interfaces, such as language, speech, vision, and sensor data, along with machine learning algorithms, to realize various applications for sales and marketing. Software platforms and solutions are available at high costs as there are limited number of experts that develop machine learning algorithms.

the market is expected to be valued at USD 6.46 Billion in 2018 and is likely to reach USD 40.09 Billion by 2025, at a CAGR of 29.79% during the forecast period. Growth in the adoption of customer-centric marketing strategies, increase in demand for virtual assistants, and increased use of social media for advertising are the major factors driving the demand for AI-based marketing and sales solutions.

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In this report, the AI in marketing market has been segmented on the basis of offerings, deployment types, applications, technologies, end-user industries, and regions. Among offerings, software holds the largest share of the overall AI in marketing market owing to the developments in AI software and related software development kits.

The AI in marketing market in APAC is expected to grow at the highest CAGR between 2018 and 2025. This growth can be attributed to the adoption of AI services in end-user industries such as retail, BFSI, enterprise, and media and advertising in countries such as Japan, China, Australia, and South Korea.

The limited number of AI experts is a major restraint for the AI in marketing market. Companies covered in the AI in marketing market report are NVIDIA (US), Intel (US), IBM (US), Micron (US), Samsung Electronics (Korea), Xilinx (US), Amazon (US), Alphabet (US), Facebook (US), Microsoft (US), Salesforce (US), Baidu (China), Sentient Technologies (US), Albert Technologies (Israel), and Oculus360 (US). Some of the other key companies included in the report are Twitter (US), Oracle (US), InsideSales (US), Persado (US), Mariana (US), Drawbridge (US), Narrative Science (US), Appier (US), GumGum (US), and Zensed (Sweden).

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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 5000 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, "RT" 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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Flow Battery Market by Type (Redox, and Hybrid) worth 946.3 Million USD by 2023

The flow battery market was valued at USD 187.7 Million in 2017 and is expected to reach of USD 946.3 million by 2023 at a CAGR of 32.7% during the forecast period. The base year used for this study is 2017 and the forecast period considered is between 2018 and 2023.

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The objectives of the study are as follows:

• To define, describe, segment and forecast the flow battery market, in terms of value, segmented on the basis of type, material, storage, application, and geography
• To forecast the market size for various segments, in terms of value, with regard to 4 main regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To provide detailed information regarding the major factors influencing the growth of the flow battery market (drivers, restraints, opportunities, and challenges)
• To analyze the micromarkets with respect to the individual growth trends, prospects, and contribution to the total market
• To provide a detailed overview of the value chain in the flow battery market
• To analyze the opportunities in the flow battery market for various stakeholders by identifying the high-growth segments of the market
• To strategically profile the key players in the market and comprehensively analyze their market position in terms of the ranking and core competencies, along with detailing the competitive landscape for market leaders
• To analyze the strategic developments such as product launches and developments, agreements, contracts, collaborations, expansions, and partnerships carried out in the market

North America expected to hold the largest size of the flow battery market during the forecast period

North America held the largest size of the flow battery market in 2017, followed by APAC and Europe. The high number of flow battery installations in the region, mainly in the US and Canada, attributes to the dominating position of the region in the flow battery market. In addition, favorable economic conditions in the US and the increase in the importance of battery energy storage, as well as supportive regulatory policies aiding energy storage in the US and other countries in the region are encouraging many domestic and international manufacturers to deploy flow battery for efficient energy supply. Flow battery market in APAC is expected to grow at the highest rate during the forecast period.

ESS Inc. (US), GILDEMEISTER energy solutions (Austria), Primus Power (US), RedFlow (Australia), redT Energy (UK), SCHMID (Germany), Sumitomo Electric. (Japan), UniEnergy Technologies (US), ViZn Energy (US), and EnSync Energy Systems (US) are the major players operating in this 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 5000 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, "RT" 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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