Market Overview:
The India lithium-ion battery market reached a value of US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.7 Billion by 2027, exhibiting at a CAGR of 15.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A lithium-ion battery is an advanced rechargeable and reusable source of power consisting of lithium ions in its electrochemistry. The battery comprises organic electrolytes, graphite anodes and lithium cobalt oxide and lithium manganese oxide cathodes. It has high energy density and is widely utilized in portable consumer electronics, such as smartphones, laptops, tablets, digital cameras, music players and power tools. In comparison to the traditionally used lithium batteries, lithium-ion variants can be completely discharged and charged again without deterioration, have a higher charge storage per unit mass and unit volume with low self-discharge rates. As a result, they find extensive application across industries, such as electronics, automotive, military and aerospace.
Lithium-ion Battery Market Trends:
The India lithium-ion battery market is primarily driven by the increasing demand for consumer electronics among the masses. There is a rapid shift in the consumer preference toward compact and portable devices, which has led to the escalating requirement for efficient storage and power backup solutions. Moreover, the widespread adoption of lithium-ion batteries in automobiles is also providing a thrust to the market growth. Lithium cobalt oxide (LCO) and lithium nickel manganese cobalt oxide (NMC) batteries are extensively used in hybrid and electric vehicles (H/EVs) as they have low self-heating rates and provide enhanced vehicle efficiency, longer distance coverage and shorter charging time. Additionally, the implementation of favorable government policies promoting the industrial manufacturing and utilization of lithium-ion batteries for sustainable energy distribution is favoring the market growth. Other factors, including the widespread utilization of robotic solutions across industries, along with the deployment of smart grid and renewable energy systems, especially in the rural areas, are driving the market growth across the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India lithium-ion battery market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, power capacity and application.
Breakup by Product Type:
- Lithium Cobalt Oxide
- Lithium Iron Phosphate
- Lithium Nickel Manganese Cobalt
- Lithium Manganese Oxide
- Others (Li-ion Nickel Cobalt Aluminium Oxide and Li-ion Titanate Oxide)
Breakup by Power Capacity:
- 0 to 3000mAh
- 3000mAh to 10000mAh
- 10000mAh to 60000mAh
- More than 60000mAh
Breakup by Application:
- Consumer Electronics
- Electric Vehicles
- Energy Storage
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Product Type, Power Capacity, Application, Region |
| Region Covered |
North India, West and Central India, South India, East India |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India lithium-ion battery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India lithium-ion battery market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the power capacity?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the India lithium-ion battery market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 India Lithium-ion Battery Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Lithium Cobalt Oxide
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Lithium Iron Phosphate
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Lithium Nickel Manganese Cobalt
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Lithium Manganese Oxide
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others (Li-ion Nickel Cobalt Aluminium Oxide and Li-ion Titanate Oxide)
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Power Capacity
7.1 0 to 3000mAh
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 3000mAh to 10000mAh
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 10000mAh to 60000mAh
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 More than 60000mAh
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Consumer Electronics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Electric Vehicles
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Energy Storage
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North India
9.1.1 Market Trends
9.1.2 Market Breakup by State
9.1.3 Market Forecast
9.2 West and Central India
9.2.1 Market Trends
9.2.2 Market Breakup by State
9.2.3 Market Forecast
9.3 South India
9.3.1 Market Trends
9.3.2 Market Breakup by State
9.3.3 Market Forecast
9.4 East India
9.4.1 Market Trends
9.4.2 Market Breakup by State
9.4.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Policy and Regulatory Landscape
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
List of Figures
Figure 1: India: Lithium-ion Battery Market: Major Drivers and Challenges
Figure 2: India: Lithium-ion Battery Market: Sales Value (in Billion US$), 2016-2021
Figure 3: India: Lithium-ion Battery Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: India: Lithium-ion Battery Market: Breakup by Product Type (in %), 2021
Figure 5: India: Lithium-ion Battery Market: Breakup by Power Capacity (in %), 2021
Figure 6: India: Lithium-ion Battery Market: Breakup by Application (in %), 2021
Figure 7: India: Lithium-ion Battery Market: Breakup by Region (in %), 2021
Figure 8: India: Lithium-ion Battery (Lithium Cobalt Oxide) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: India: Lithium-ion Battery (Lithium Cobalt Oxide) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: India: Lithium-ion Battery (Lithium Iron Phosphate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: India: Lithium-ion Battery (Lithium Iron Phosphate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: India: Lithium-ion Battery (Lithium Nickel Manganese Cobalt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: India: Lithium-ion Battery (Lithium Nickel Manganese Cobalt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: India: Lithium-ion Battery (Lithium Manganese Oxide) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: India: Lithium-ion Battery (Lithium Manganese Oxide) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: India: Lithium-ion Battery (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: India: Lithium-ion Battery (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: India: Lithium-ion Battery (0 to 3000mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: India: Lithium-ion Battery (0 to 3000mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: India: Lithium-ion Battery (3000mAh to 10000mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: India: Lithium-ion Battery (3000mAh to 10000mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: India: Lithium-ion Battery (10000mAh to 60000mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: India: Lithium-ion Battery (10000mAh to 60000mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: India: Lithium-ion Battery (More than 60000mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: India: Lithium-ion Battery (More than 60000mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: India: Lithium-ion Battery (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: India: Lithium-ion Battery (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: India: Lithium-ion Battery (Electric Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: India: Lithium-ion Battery (Electric Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: India: Lithium-ion Battery (Energy Storage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: India: Lithium-ion Battery (Energy Storage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: India: Lithium-ion Battery (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: India: Lithium-ion Battery (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North India: Lithium-ion Battery Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North India: Lithium-ion Battery Market: Breakup by State (in %), 2021
Figure 36: North India: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: West and Central India: Lithium-ion Battery Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: West and Central India: Lithium-ion Battery Market: Breakup by State (in %), 2021
Figure 39: West and Central India: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: South India: Lithium-ion Battery Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: South India: Lithium-ion Battery Market: Breakup by State (in %), 2021
Figure 42: South India: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: East India: Lithium-ion Battery Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: East India: Lithium-ion Battery Market: Breakup by State (in %), 2021
Figure 45: East India: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Lithium-ion Battery Industry: SWOT Analysis
Figure 47: India: Lithium-ion Battery Industry: Value Chain Analysis
Figure 48: India: Lithium-ion Battery Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: India: Lithium-ion Battery Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Lithium-ion Battery Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: India: Lithium-ion Battery Market Forecast: Breakup by Power Capacity (in Million US$), 2022-2027
Table 4: India: Lithium-ion Battery Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: India: Lithium-ion Battery Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: India: Lithium-ion Battery Market: Competitive Structure
Table 7: India: Lithium-ion Battery Market: Key Players