Published by IMARC Services Private Limited
Posted on August 31, 2021
According to the latest report by IMARC Group, titled “Lithium-ionBattery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global lithium-ion battery market size reached a value of US$ 34.1 Billion in 2020. A lithium-ion battery refers to a type of rechargeable battery having high energy density. It requires low maintenance and uses an intercalated lithium compound as its electrode. These batteries are relatively lighter than other rechargeable variants of the same size. They do not need scheduled cycling to improve the shelf life and have lower self-discharge rates than nickel-cadmium batteries. Since they do not have a memory effect, they do not require complete discharge prior to recharging. As a result, these batteries are used in a vast array of products including automobiles, mobile devices, watches, cameras, pacemakers and personal computers.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request for a free sample copy of this report: https://www.imarcgroup.com/lithium-ion-battery-market/requestsample
Global Lithium-ion Market Trends:
On account of the escalating internet penetration and rising purchasing power of users, especially across the emerging economies, the sales of portable electronic devices such as mobiles and laptops are continually increasing. This, coupled with the numerous advantages offered by lithium-ion batteries, is strengthening the growth of the market. In addition to this, consumers are now making a shift from traditional automobiles to electric vehicles. This can be attributed to the rising awareness amongst the users about the reduced greenhouse gases emissions associated with the usage of electric vehicles. This is further supported by tax incentives and subsidies offered by several governments to EV manufacturers. For instance, the European Union recently funded the ‘GREENLION’ collaborative project for manufacturing affordable lithium-ion batteries for EVs. Moreover, increasing fluctuations in the supply of and demand for electricity have bolstered the demand for these batteries for use in energy storing devices such as solar grids for industrial and household applications. Furthermore, governments of several countries have imposed strict policies regarding pollution and the consumption of non-renewable resources including oil, coal and natural gas, which is positively influencing the market growth.
Buy full report with table of contents: https://www.imarcgroup.com/lithium-ion-battery-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the lithium ion battery manufacturers being A123 Systems LLC, AESC SDI CO.,LTD., LG Chem Ltd., Panasonic Corporation, SAMSUNG SDI CO.,LTD., Toshiba Corporation, Amperex Technology Limited, BAK Group, Blue Energy Limited, BYD Company Ltd., CBAK Energy Technology, Inc., Tianjin Lishen Battery Joint-Stock CO.,LTD., Valence Technology, Inc., SK innovation Co., Ltd, and Hitachi, Ltd.
Breakup by Product Type:
Breakup by Power Capacity:
Breakup by Application:
Regional Insights:
Key highlights of the report:
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Visit Our Latest Blog: https://industriesresearchreport.blogspot.com/
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IMARC Group
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Other Reports by IMARC Group 2021-2026:
Fuel Cell Market Report: https://www.imarcgroup.com/fuel-cell-market
Gaming Market Report: https://www.imarcgroup.com/gaming-market
Metal Packaging Market Report: https://www.imarcgroup.com/metal-packaging-market
Scada Market Report: https://www.imarcgroup.com/scada-market
Applicant Tracking System Market Report: https://www.imarcgroup.com/applicant-tracking-system-market
Non-Destruction Testing Inspection Market Report: https://www.imarcgroup.com/non-destructive-testing-inspection-market
Cellular iot Market Report: https://www.imarcgroup.com/cellular-iot-market
Food Packaging Market Report: https://www.imarcgroup.com/food-packaging-market
Data Center Power Market Report: https://www.imarcgroup.com/data-center-power-market
Submersible Pumps Market Report: https://www.imarcgroup.com/submersible-pumps-market
According to the latest report by IMARC Group, titled “Lithium-ionBattery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global lithium-ion battery market size reached a value of US$ 34.1 Billion in 2020. A lithium-ion battery refers to a type of rechargeable battery having high energy density. It requires low maintenance and uses an intercalated lithium compound as its electrode. These batteries are relatively lighter than other rechargeable variants of the same size. They do not need scheduled cycling to improve the shelf life and have lower self-discharge rates than nickel-cadmium batteries. Since they do not have a memory effect, they do not require complete discharge prior to recharging. As a result, these batteries are used in a vast array of products including automobiles, mobile devices, watches, cameras, pacemakers and personal computers.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request for a free sample copy of this report: https://www.imarcgroup.com/lithium-ion-battery-market/requestsample
Global Lithium-ion Market Trends:
On account of the escalating internet penetration and rising purchasing power of users, especially across the emerging economies, the sales of portable electronic devices such as mobiles and laptops are continually increasing. This, coupled with the numerous advantages offered by lithium-ion batteries, is strengthening the growth of the market. In addition to this, consumers are now making a shift from traditional automobiles to electric vehicles. This can be attributed to the rising awareness amongst the users about the reduced greenhouse gases emissions associated with the usage of electric vehicles. This is further supported by tax incentives and subsidies offered by several governments to EV manufacturers. For instance, the European Union recently funded the ‘GREENLION’ collaborative project for manufacturing affordable lithium-ion batteries for EVs. Moreover, increasing fluctuations in the supply of and demand for electricity have bolstered the demand for these batteries for use in energy storing devices such as solar grids for industrial and household applications. Furthermore, governments of several countries have imposed strict policies regarding pollution and the consumption of non-renewable resources including oil, coal and natural gas, which is positively influencing the market growth.
Buy full report with table of contents: https://www.imarcgroup.com/lithium-ion-battery-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the lithium ion battery manufacturers being A123 Systems LLC, AESC SDI CO.,LTD., LG Chem Ltd., Panasonic Corporation, SAMSUNG SDI CO.,LTD., Toshiba Corporation, Amperex Technology Limited, BAK Group, Blue Energy Limited, BYD Company Ltd., CBAK Energy Technology, Inc., Tianjin Lishen Battery Joint-Stock CO.,LTD., Valence Technology, Inc., SK innovation Co., Ltd, and Hitachi, Ltd.
Breakup by Product Type:
Breakup by Power Capacity:
Breakup by Application:
Regional Insights:
Key highlights of the report:
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Visit Our Latest Blog: https://industriesresearchreport.blogspot.com/
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
Other Reports by IMARC Group 2021-2026:
Fuel Cell Market Report: https://www.imarcgroup.com/fuel-cell-market
Gaming Market Report: https://www.imarcgroup.com/gaming-market
Metal Packaging Market Report: https://www.imarcgroup.com/metal-packaging-market
Scada Market Report: https://www.imarcgroup.com/scada-market
Applicant Tracking System Market Report: https://www.imarcgroup.com/applicant-tracking-system-market
Non-Destruction Testing Inspection Market Report: https://www.imarcgroup.com/non-destructive-testing-inspection-market
Cellular iot Market Report: https://www.imarcgroup.com/cellular-iot-market
Food Packaging Market Report: https://www.imarcgroup.com/food-packaging-market
Data Center Power Market Report: https://www.imarcgroup.com/data-center-power-market
Submersible Pumps Market Report: https://www.imarcgroup.com/submersible-pumps-market
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