The technologies in lithium ion battery market have undergone significant change in recent years, with lithium ion technologies evolving from low energy density to high energy densities. The rising wave of new technologies, such as nickel-cobalt-aluminum (NCA) and nickel-cobalt-manganese (NCM) are creating significant potential in electric vehicle application and driving the demand for lithium ion battery technologies.
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In lithium ion battery market, various battery technologies, such as lithium nickel manganese cobalt (NMC), lithium iron phosphate (LFP), lithium cobalt oxide (LCO), lithium titanate oxide (LTO), lithium manganese oxide (LMO), and lithium nickel cobalt aluminum oxide (NCA) battery are used in various end use industries. Increasing in demand for electric vehicles due to stringent government regulations to increase fuel efficiency and reduce greenhouse gas emissions and rising demand for portable electronics are creating new opportunities for lithium ion battery technologies.
Lucintel, a leading global management consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in lithium ion battery market and has now published a comprehensive research report titled “Technology Landscape, Trends and Opportunities in the Lithium ion Battery Market 2019-2024”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in lithium ion battery market.
Lucintel study finds that the lithium ion battery technology is forecast to grow at 12% during next five years. Lithium nickel manganese cobalt (LI-NMC) technology is expected to witness the highest growth due to its high power density and good charge and discharge cycle.
BYD, Duracell, EnerSys, GS Yuasa, Johnson Controls, LG Chem, and Panasonic Corporation are among the major technology providers in the lithium ion battery.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the lithium ion battery market by application, technology, and region as follows:
Technology Readiness by Technology Type
Competitive Intensity and Regulatory Compliance
Disruption Potential by Technology Type

Trends and Forecasts by Technology Type [$M shipment analysis from 2013 to 2024]:
• Lithium Nickel Manganese Cobalt (LI-NMC)
• Lithium Iron Phosphate (LFP)
• Lithium Cobalt Oxide (LCO)
• Lithium Titanate Oxide (LTO)
• Lithium Manganese Oxide (LMO)
• Lithium Nickel Cobalt Aluminum Oxide (NCA)
Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
• Consumer Electronics
o Lithium Nickel Manganese Cobalt (LI-NMC)
o Lithium Iron Phosphate (LFP)
o Lithium Cobalt Oxide (LCO)
o Lithium Titanate Oxide (LTO)
o Lithium Manganese Oxide (LMO)
o Lithium Nickel Cobalt Aluminum Oxide (NCA)
• Transportation
o Lithium Nickel Manganese Cobalt (LI-NMC)
o Lithium Iron Phosphate (LFP)
o Lithium Cobalt Oxide (LCO)
o Lithium Titanate Oxide (LTO)
o Lithium Manganese Oxide (LMO)
o Lithium Nickel Cobalt Aluminum Oxide (NCA)
• Industrial
o Lithium Nickel Manganese Cobalt (LI-NMC)
o Lithium Iron Phosphate (LFP)
o Lithium Cobalt Oxide (LCO)
o Lithium Titanate Oxide (LTO)
o Lithium Manganese Oxide (LMO)
o Lithium Nickel Cobalt Aluminum Oxide (NCA)
• Others
o Lithium Nickel Manganese Cobalt (LI-NMC)
o Lithium Iron Phosphate (LFP)
o Lithium Cobalt Oxide (LCO)
o Lithium Titanate Oxide (LTO)
o Lithium Manganese Oxide (LMO)
o Lithium Nickel Cobalt Aluminum Oxide (NCA)
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– United Kingdom
– Germany
– France
• Asia Pacific
– Japan
– China
– South Korea
– India
• The Rest of the World

Latest Developments and Innovations in the Lithium Ion Battery Technologies
Companies / Ecosystems
Strategic Opportunities by Technology Type

A more than 150-pages 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…… or [email protected].
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.