Lithium-Ion Battery Market (By Material Type: Cathode, Electrolytic Solution, Anode, and Others; By Industry Vertical: Electronics, Automotive, Industrial, and Others; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

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    21 Oct 2022
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Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.



The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.

With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.

Market Overview:

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Global Lithium-Ion Battery Market is estimated to reach $56 billion by 2024; growing at a CAGR of 10.6% from 2016 to 2024. Lithium-Ion batteries are primary batteries in which lithium compound acts as an anode. These batteries have a potential to achieve very high energy and power densities in high-density battery applications such as automotive and standby power. A lithium cell can produce voltage from 1.5 V to about 3 V based on the types of materials used. Lithium-ion (Li-ion) batteries have gained popularity as the power or energy source portable electronics to electric vehicles. Increased adoption of smartphones, tablets, and digital cameras among individuals pose an increased lithium-ion battery market trends.

Surge in demand for electronic devices, strict government regulations to control increasing pollution, and growing demand for smartphones are the major driving factors of the global lithium-ion battery market. However, high cost and risk of fire in electronic devices may hinder the market growth. Growth in automobile industry would increase the demand for lithium-ion batteries.

Material type, industry vertical, and geography are the major segments of the global lithium-ion battery market. The market by type is further segmented into cathode, anode, electrolytic solution, and others. Industry vertical segment include electronics, industrial, automotive, and others.

By geography, the global lithium-ion battery market is bifurcated into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and Canada are covered under North America wherein Europe covers UK, France, Germany, and others. Asia-Pacific covers China, India, Japan, and others. RoW covers South America, Middle East and Africa.

Major companies operating in the lithium-Ion battery market are Automotive Energy Supply Corporation, Samsung SDI Co. Ltd., A123 Systems, LLC., LITEC Co., Ltd., Panasonic Corporation, Toshiba Corporation, LG Chem Power (LGCPI), Hitachi Chemical Co., Ltd., GS Yuasa International Ltd., and China BAK Battery Co. Ltd., and among others.

The key takeaways from the report
The report will provide detailed analysis of Lithium-Ion Battery Market with respect to major segments such as material type, and industry vertical
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Lithium-Ion Battery Market has been included in the report
Profile of the key players in the Lithium-Ion Battery Market, will be provided, which include key financials, product & services, new developments and business strategies
Scope of Lithium-Ion Battery Market
Material Type Segments
Electrolytic solution
Industry Vertical Segments
Geographical Segments
North America
South America
Middle East

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook


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