Lucintel's latest market report analyzed that lithium-ion battery provides attractive opportunities in consumer electronics, transportation, industrial, and other markets. The lithium-ion battery market is expected to reach $215.9 billion by 2027 with a CAGR of 21.5%. In this market, transportation is the largest segment by application, whereas lithium nickel manganese cobalt (NMC) is largest by technology. Lithium air batteries, usage of silicon alloy anodes in lithium-ion batteries, and new generation lithium-ion batteries with new families of disruptive active materials provides strategic growth path in this market.
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Based on application, the lithium-ion battery market is segmented into consumer electronics, transportation, industrial, and others. The transportation segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing production of electric vehicles globally.
Browse in-depth TOC on “Lithium-Ion Battery Market”
68 – Tables
107 – Figures
205 – Pages
The Lithium-Ion Battery Market is marked by the presence of several big and small players. Some of the prominent players offering lithium-ion battery include CATL, BYD, Duracell, EnerSys, GS Yuasa, Johnson Controls, LG Chem, Panasonic, Samsung SDI, Toshiba.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
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