According to Goldstein Research, global lithium-ion battery market is expected to reach USD 41.3 billion by 2024, growing at a CAGR of 10.9% over the forecast period 2016-2024. The increasing demand for electric vehicles across the globe is primarily driving the lithium-ion battery market. Further based on market segmentation by end users, consumer electronics industry acquire the major market share of 48.0% in 2016. Whereas based on geography, global lithium ion battery market is dominated by Asia Pacific, with a market share of 48.0% due to the high increasing adoption of electric vehicles & high sales of consumer electronics in the region. China is witnessed to be the largest market in the APAC region owing to the highest adoption of electric vehicles in the world.
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Market Segmentation
On the basis of our in-depth analysis, Global Lithium-Ion Battery Market can be segmented as follows:
By Power Rating
• 5–25 Wh
• 48–95 Wh
• 18–28 KWh
• 100–250 KWh
• More than 300 KWh
By End Users
• Consumer Electronics
• Automotive
• Grid Energy & Industrial
• Other ( Defense and Aerospace)
By Region
• North America Lithium Ion Battery Market Analysis, 2016-2024
• Europe Lithium Ion Battery Market Analysis, 2016-2024
• Middle East And Africa Lithium Ion Battery Market Analysis, 2016-2024
• Latin America Lithium Ion Battery Market Analysis, 2016-2024
• Asia Pacific Lithium Ion Battery Market Analysis, 2016-2024
• Rest Of The World Lithium Ion Battery Market Analysis, 2016-2024
“Global Lithium Ion Battery Market Outlook 2024” by Goldstein Research contains a detailed overview of the global lithium-ion battery market. This Market Report highlights competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global lithium-ion battery market discussed in the report are: Panasonic Corporation, Hitachi Chemical Co. Ltd., BAK Group, Johnson Controls, Inc., Samsung SDI Co. Ltd., LG Chem Power Inc., Toshiba Corporation., A123 Systems LLC., SaftGroupe SA, GS Yuasa Corporation, Automotive Energy Supply Corporation (AESC), BYD Company Ltd., Valence Technology Inc.,etc.
Further, the report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Lithium Ion Battery Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, USP Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
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