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Lithium Ion Battery Market By Cell Type (Cylindrical, Prismatic, Pouch), By Application (Cellphones, Portable Pcs, Tablets, Automotive And E-Bikes, Power Tools) - Growth, Future Prospects, And Competitive Analysis, 2017 -2025

 Lithium-ion batteries have gained immense popularity in recent years on account of their higher energy density and lower self-discharge rate as compared to other battery cells. Some of the major types of lithium-ion batteries include lithium iron phosphate (LiFePO4), lithium cobalt oxide (LiCoO2), lithium manganese oxide (LiMn2O4), lithium nickel manganese cobalt oxide (LiNiMnCoO2 or NMC), lithium nickel cobalt aluminum oxide (LiNiCoAlO2), and lithium titanate (Li4Ti5O12). Lithium-ion batteries are available in various shapes, namely cylindrical, prismatic, and pouch cells. Depending on the end-use application, manufacturers of various electronic and electric products can make use of these types of batteries accordingly. Lithium-ion batteries have been increasingly used in various consumer electronics such as cell phones, portable PCs, and tablets, among others. Another application of these batteries that has gained ground in recent years is their use in various electric vehicles, including cars and bikes. This segment has witnessed heavy investments, with some of the leading providers of lithium-ion batteries working towards increasing their production capacity for electric vehicle batteries across the world.

One of the major factors driving the demand for lithium-ion batteries is the increasing adoption of consumer electronics such as smartphones, laptops, and tablets, among others. Lithium iron phosphate (LiFePO4)-based batteries offer numerous benefits such as high energy density, low self-discharge rate, compact size, and a longer lifespan. Thus, since their introduction, these batteries have gained immense popularity in various end-use segments. Another factor driving the overall lithium-ion battery market is the rising production of electric vehicles across the world. Numerous developed markets across the world have been increasingly investing in the production of electric vehicles in recent years. Thereby, there has been a rise in demand for large lithium-ion batteries in the automotive segment.

The report titled "Global Lithium-Ion Battery Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global lithium-ion battery market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on cell type, application, and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report covers a section providing production and pricing trends in some of the major markets.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading providers of lithium-ion batteries, market positioning, and key developments. Some of the major players profiled in the report are Panasonic Corporation, SAMSUNG SDI CO., LTD., LG Chem, Sony Energy Devices Corporation, Maxwell Technologies, Inc., Shenzhen BAK Battery Co., Ltd., Tianjin Lishen Battery Co., Ltd., BYD Company Limited, Amperex Technology Limited, Tesla, Inc., and Valence Technology, Inc.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the lithium-ion battery industry
  • Market fuelers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global lithium-ion battery market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global lithium-ion battery market is segmented, based on cell type, into the following categories:

  • Cylindrical
  • Prismatic
  • Pouch

On the basis of cell type, the cylindrical type segment held the largest share of the overall lithium-ion battery market in 2016. Cylindrical lithium-ion batteries are widely used in applications such as portable PCs, power tools and the automotive segment. This segment is expected to witness continued growth in the following years. The prismatic lithium-ion battery segment is expected to witness curtailed growth due to the increasing adoption of pouch-type cells in cellular applications. The pouch-type lithium-ion battery segment is expected to witness the fastest growth during the forecast period from 2017 to 2025.

The global lithium-ion battery market is segmented, based on application, into the following categories:

  • Cellphones
  • Portable PCs
  • Tablets
  • Automotive and E-bikes
  • Power Tools
  • Others (digital cameras, MP3 players, camcorders, and games, among others)

On the basis of application, the global lithium-ion battery market was led by the overall consumer electronics end-use segment in 2016. The consumer electronics segment includes various individual applications such as cellphones, portable PCs, tablets, digital cameras, camcorders, and MP3 players, among others. The segment held over 35% of the overall lithium-ion battery market across the globe. With continued demand for the latest electronics across the world, this segment is expected to witness sustained growth in the following years.

The rising popularity of new energy vehicles in some of the major markets across the world has led to a growing demand for lithium-ion batteries from the automotive sector in recent years. The automotive segment held the second-largest share in the overall lithium-ion battery market across the world in 2016. With increasing investments and numerous favorable government initiatives, the automotive end-use segment is expected to witness fast growth during the forecast period from 2017 to 2025.

The global lithium-ion battery market has been segmented on the basis of geographical regions, as per the following regions and countries:

  • North America
  • U.S.
  • rest of North America
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa (MEA)
  • Latin America

In 2016, Asia Pacific represented the largest market for lithium-ion batteries in terms of revenue. The region is primarily supported by large consumption of consumer electronics such as smartphones, laptops, tablets, and power tools, among others. Moreover, the region has recently experienced higher investments in electric vehicles and e-bikes, leading to higher demand for various types of lithium-ion batteries. Thereby, the Asia Pacific region is expected to maintain its dominance in the overall lithium-ion battery market across the world.

Europe and North America followed the Asia Pacific region in the global lithium-ion battery market in terms of revenue in 2016. Factors such as the growing adoption of electric vehicles, especially in countries including the U.S., UK, Germany, and France, among others, are primarily expected to drive the market in these regions.

Frequently Asked Questions:

The market for Lithium Ion Battery is expected to reach US$ 26.4 Bn in 2025.

The Lithium Ion Battery market is expected to see significant CAGR growth over the coming years, at 15.5%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Panasonic Corporation,SAMSUNG SDI CO., LTD.,LG Chem,Sony Energy Devices Corporation,Maxwell Technologies, Inc. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jul 2017
Category:  Semiconductor & Electronics
Report ID:   58553
Report Format:   PDF
Pages:   120
Rating:    4.7 (70)
Delivery Time: 24 Hours to 48 Hours   
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