The Lithium-ion battery market which was USD 54.32 billion in 2022, would rocket up to USD 183 billion by 2030, and is expected to undergo a CAGR of 18% during the forecast period
Lithium Ion Battery Market Analysis and Size
Lithium-ion batteries are a type of rechargeable battery that use lithium ions to store and release electrical energy. They have become the most widely used rechargeable battery technology in various applications due to their high energy density, lightweight nature, and longer lifespan compared to other battery types.
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Data Bridge Market Research analyses that the Lithium ion battery market which was USD 54.32 billion in 2022, would rocket up to USD 183 billion by 2030, and is expected to undergo a CAGR of 18% during the forecast period. LFP is dominating because LFP batteries are known for their excellent safety profile, long cycle life, and thermal stability. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework. The Lithium-ion battery market which was USD 54.32 billion in 2022, would rocket up to USD 183 billion by 2030, and is expected to undergo a CAGR of 18% during the forecast period
Global Lithium Ion Battery Market Scope
The Lithium ion battery market is segmented on the basis of chemistry, component and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Chemistry
- LFP
- LCO
- LTO
- NMC
- NCA
- LMO
Component
- Cathode
- Anode
- Separators
- Electrolytes
- Aluminum Foil
- Copper Foil
- Others
Application
- Industrial
- Automotive
- Consumer Electronics
- Energy Storage
Lithium ion battery market Regional Analysis/Insights
The Lithium ion battery market is analysed and market size insights and trends are provided by country, chemistry, component and application as referenced above.
The countries covered in the Lithium ion battery market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the Lithium ion battery market because of its advanced technological infrastructure and high adoption of smart city initiatives, strong presence of major players in the market and rising number of research activities in this region.
Competitive Landscape and Lithium ion battery market Share Analysis
The lithium ion battery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the Lithium ion battery market are:
- BYD Co., Ltd.(China)
- A123 Systems LLC (U.S.)
- Hitachi, Ltd. (Japan)
- Johnson Controls (U.S.)
- LG Chem (South Korea),
- Panasonic Corp. (Japan)
- Saft (France)
- Samsung SDI Co., Ltd. (South Korea)
- Toshiba Corp. (Japan)
- GS Yuasa International Ltd. (Japan)
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MAJOR TOC OF THE REPORT
https://www.databridgemarketresearch.com/toc/?dbmr=global-lithium-ion-battery-market
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Lithium Ion Battery Market
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