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Lithium-ion Battery Market Trends and Forecast
The future of the lithium-ion battery market looks promising with opportunities in the consumer electronics, transportation, industrial, and other markets. The global lithium-ion battery market is expected to reach an estimated $215.9 billion by 2027 with a CAGR of 21.5% from 2021 to 2027.  The major drivers for this market are growth in electric vehicle production, rising demand of Li-Ion batteries in power storage applications, and decreasing price of battery components.
Lithium-ion Battery Market by Application and Technology
 
Emerging Trends in the Lithium-ion Battery Market
Emerging technology trends, which have a direct impact on the dynamics of the industry, include 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.
A total of 107 figures / charts and 68 tables are provided in this 205-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the lithium-ion battery market report, please download the report brochure.
Lithium-ion Battery Market by Segments
 
Lithium-ion Battery Market by Segment
The study includes a forecast for the global lithium-ion battery market by application, technology, and region as follows:
Lithium-ion Battery Market by Application [Value ($B) shipment analysis for 2016 – 2027]:
Lithium-ion Battery Market by Technology [Value ($B) shipment analysis for 2016 – 2027]:
  • Lithium Cobalt Oxide (LCO)
  • Lithium Nickel Manganese Cobalt (NMC)
  • Lithium Nickel Cobalt Aluminum Oxide (NCA)
  • Lithium Iron Phosphate (LFP)
  • Lithium Manganese Oxide (LMO) and Others
Lithium-ion Battery Market by Region [Value ($B) shipment analysis for 2016 – 2027]:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • The United Kingdom
    • France
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • The Rest of the World
    • Brazil
    • Argentina
List of Lithium-ion Battery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies lithium-ion battery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the lithium-ion battery companies profiled in this report includes.
Lithium-ion Battery Market Insight
  • Lucintel forecasts that transportation will remain the largest end use segment and is also expected to witness the highest growth over the forecast period due to due to increasing production of electric vehicles globally
  • NMC lithium-ion battery technology will remain the largest segment and it is expected to witness the highest growth over the forecast period due to its excellent electrochemical performance and low resistance.
  • Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to increase in manufacturing of electric and hybrid vehicles and rise in sales of electronic products in the region.
Features of Lithium-ion Battery Market 
  • Market Size Estimates: Lithium-ion battery market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Market size by application and technology
  • Regional Analysis: Lithium-ion battery market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different application, technology, and regions for the lithium-ion battery market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the lithium-ion battery market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
 FAQ
Q1. What is the lithium-ion battery market size?
Answer: The global lithium-ion battery market is expected to reach an estimated $215.9 billion by 2027           
Q2. What is the growth forecast for lithium-ion battery market?
Answer: The lithium-ion battery market is expected to grow at a CAGR of 21.5% from 2021 to 2027.   
Q3. What are the major drivers influencing the growth of the lithium-ion battery market?
Answer: The major drivers for this market are increase in number of working women, increasing disposable income, and changing climatic conditions. 
Q4. What are the major applications or end use industries for lithium-ion battery?
Answer: Transportation and consumer electronics are the major end use industries for lithium-ion battery.          
Q5. What are the emerging trends in lithium-ion battery market?
Answer: Emerging technology trends, which have a direct impact on the dynamics of the industry, include 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.    
Q6. Who are the key lithium-ion battery companies?
Answer: Some of the key lithium-ion battery companies are as follows:
  • CATL
  • BYD
  • Duracell
  • EnerSys
  • GS Yuasa
  • Johnson Controls
  • LG Chem
  • Panasonic
  • Samsung SDI
  • Toshiba
Q7.Which lithium-ion battery product segment will be the largest in future?
Answer: Lucintel forecasts that NMC lithium-ion battery technology will remain the largest segment and it is expected to witness the highest growth over the forecast period due to its excellent electrochemical performance and low resistance.
Q8: In lithium-ion battery market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years          
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global lithium-ion battery market by technology (LCO, NMC, NCA, LFP, LMO, and others), end use (consumer electronics, transportation, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

For any questions related to lithium-ion battery market or related to lithium-ion battery market share, lithium-ion battery market analysis, and lithium-ion battery market size, lithium-ion battery manufacturers' share, and lithium-ion battery market outlook, write to Lucintel analysts at
helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Content
1. Executive Summary

2. Global Lithium-ion Battery Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecasts
3.2: Global Lithium-ion Battery Market Trends and Forecast
3.3: Global Lithium-ion Battery Market by Application
3.3.1: Consumer Electronics
3.3.2: Transportation
3.3.3: Industrial
3.3.4: Others
3.4: Global Lithium-ion Battery Market by Technology
3.4.1: LCO
3.4.2: NMC
3.4.3: NCA
3.4.4: LFP
3.4.5: LMO and Others

4. Market Trends and Forecast Analysis by Region
4.1: Global Lithium-ion Battery Market by Region
4.2: North American Lithium-ion Battery Market
4.2.1: Market by Application: Consumer Electronics, Transportation, Industrial, and Others
4.2.2: Market by Technology: LCO, NMC, NCA, LFP, LMO and Others
4.2.3: United States Lithium-ion Battery Market
4.2.4: Canadian Lithium-ion Battery Market
4.2.5: Mexican Lithium-ion Battery Market
4.3: European Lithium-ion Battery Market
4.3.1: Market by Application: Consumer Electronics, Transportation, Industrial, and Others
4.3.2: Market by Technology: LCO, NMC, NCA, LFP, LMO and Others
4.3.3: French Lithium-ion Battery Market
4.3.4: United Kingdom Lithium-ion Battery Market
4.3.5: German Lithium-ion Battery Market
4.3.6: Italian Lithium-ion Battery Market
4.4: APAC Lithium-ion Battery Market
4.4.1: Market by Application: Consumer Electronics, Transportation, Industrial, and Others
4.4.2: Market by Technology: LCO, NMC, NCA, LFP, LMO and Others
4.4.3: Chinese Lithium-ion Battery Market
4.4.4: South Korean Lithium-ion Battery Market
4.4.5: Indonesian Lithium-ion Battery Market
4.4.6: Japanese Lithium-ion Battery Market
4.4.7: Indian Lithium-ion Battery Market
4.5: ROW Lithium-ion Battery Market
4.5.1: Market by Application: Consumer Electronics, Transportation, Industrial, and Others
4.5.2: Market by Technology: LCO, NMC, NCA, LFP, LMO and Others
4.5.3: Brazilian Lithium-ion Battery Market
4.5.4: Argentina Lithium-ion Battery Market
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Lithium-ion Battery Market by Application
6.1.2: Growth Opportunities for the Global Lithium-ion Battery Market by Technology
6.1.3: Growth Opportunities for the Global Lithium-ion Battery Market by Region
6.2: Emerging Trends in the Global Lithium-ion Battery Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Mergers and Acquisitions

7. Company Profiles of Leading Players
7.1: CATL
7.2: BYD
7.3: Duracell
7.4: EnerSys
7.5: GS Yuasa
7.6: Johnson Controls
7.7: LG Chem
7.8: Panasonic Corporation
7.9: Samsung SDI
7.10: Toshiba Corporation
.

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More than 107 figures/charts and 68 tables are provided in this roughly 193-page report
 
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served 1,000+ clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive search of published works, market and database information with industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges and forecasts in the lithium-ion battery market. Major manufacturers of plastic additives are CATL, BYD, Duracell, EnerSys, GS Yuasa, LG Chem, Johnson Controls, Samsung SDI, Toshiba Corporation.

Below is a brief summary of primary interviews conducted by both job function and region.


Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis on it. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of the Lucintel research process.

 

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