The global Lithium-ion battery market reached a value of US$ 28.5 Billion in 2018. The market is further projected to reach a value of US$ 53.8 Billion by 2024, exhibiting a CAGR of 11% during 2019-2024. Lithium-ion battery, also known as Li-ion Battery (LIB), is a rechargeable battery that uses intercalated lithium in the form of an electrode to produce a charge. A standard Lithium-ion Battery comprises of three components - anode, cathode and electrolyte. The lithium ions flow between the anode and the cathode to cause a discharge. Currently, there are several versions of the Li-ion Battery available which include lithium cobalt, lithium manganese oxide, lithium iron phosphate, lithium nickel manganese cobalt oxide, lithium nickel coal aluminium oxide and lithium titanate. All of these operate by releasing lithium ion from different types of compounds. The Li-ion batteries are generally used in a plethora of devices such as mobile phones, laptop computers, cameras, personal digital assistants and other portable consumer electronics.
The Li-ion technology currently holds several advantages over its predecessor Nickel Cadmium. Li-ion batteries provide a significantly high energy density which can be used for powering electronic devices over a longer duration. This is one of the major factors which has been proliferating the growth of the market. Additionally, their low rate of self-discharge and low maintenance effort offer Li-ion batteries an edge over the other substitutes available in the market. Also, with the development of new variants, the Lithium-ion Battery technology can be enhanced to handle different types of market needs ranging from powering smartphones to electric or plug-in hybrid vehicles. This has, in turn, contributed towards an augmented demand for lithium ion batteries across the globe. Apart from this, there is a persistent demand for batteries which are energy-efficient, low cost and environment friendly in nature. Moreover, the market growth is further catalysed by the strict regulations being implemented by several governments across the globe to reduce pollution.
Market Summary:
- On the basis of product type, Lithium Cobalt Oxide currently represents the largest product type. Other segments covered in the report include Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt, Lithium Manganese Oxide and Others (Lithium Nickel Cobalt Aluminium Oxide and Lithium Titanate Oxide).
- Based on the power capacity, the market has been segmented into 0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh and more than 60000mAh. Currently, 0 to 3000mAh represents the largest category.
- On the basis of application, the market has been segmented into consumer electronics, electric vehicles, energy storage and others. Consumer electronics currently represent the largest segment.
- Region-wise, the market has been segmented into Asia-Pacific, North America, Europe, Middle East and Africa and Latin America.
- The competitive landscape of the market has also been examined with some of the key players being A123 Systems, Automotive Energy Supply Corp., LG Chem, Panasonic, SAMSUNG SDI, Toshiba, Amperex Technology (ATL), BAK Group, Blue Energy, BYD, CBAK Battery, Tianjin Lishen Battery, Valence Technology, SK innovation, and Hitachi Ltd.
This report provides a deep insight into the global Lithium-ion battery market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Lithium-ion battery industry in any manner.
Key Questions Answered in This Report:
- How has the global Lithium-ion battery market performed so far and how will it perform in the coming years?
- What are the key regions in the global Lithium-ion battery market?
- What are the key product types in the global Lithium-ion battery market?
- What is the breakup of the global Lithium-ion battery market on the basis of power capacity?
- What is the breakup of the global Lithium-ion battery market on the basis of application?
- What are the price trends of Lithium-ion batteries?
- What are the various stages in the value chain of the global Lithium-ion battery industry?
- How are Li-ion batteries manufactured?
- What are the key driving factors and challenges in the global Lithium-ion battery market?
- What is the structure of the global Lithium-ion battery market and who are the key players?
- What is the degree of competition in the global Lithium-ion battery market?
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 Global Lithium-ion Battery Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Power Capacity
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Price Analysis
5.11.1 Key Price Indicators
5.11.2 Price Structure
5.11.3 Price Trends
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 (Lithium Nickel Cobalt Aluminium Oxide and Lithium 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 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Europe
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 Lithium-ion Battery Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 A123 Systems
11.3.2 Automotive Energy Supply Corp.
11.3.3 LG Chem
11.3.4 Panasonic
11.3.5 SAMSUNG SDI
11.3.6 Toshiba
11.3.7 Amperex Technology (ATL)
11.3.8 BAK Group
11.3.9 Blue Energy
11.3.10 BYD
11.3.11 CBAK Battery
11.3.12 Tianjin Lishen Battery
11.3.13 Valence Technology
11.3.14 SK innovation
11.3.15 Hitachi Ltd.
List of Figures
Figure 1: Global: Lithium-ion Battery Market: Major Drivers and Challenges
Figure 2: Global: Lithium-ion Battery Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Lithium-ion Battery Market: Breakup by Product Type (in %), 2018
Figure 4: Global: Lithium-ion Battery Market: Breakup by Power Capacity (in %), 2018
Figure 5: Global: Lithium-ion Battery Market: Breakup by Application (in %), 2018
Figure 6: Global: Lithium-ion Battery Market: Breakup by Region (in %), 2018
Figure 7: Global: Lithium-ion Battery Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Lithium-ion Battery Market: Price Structure (US$/Unit)
Figure 9: Global: Lithium-ion Battery Market: Average Prices (in US$/Unit), 2011-2024
Figure 10: Global: Lithium-ion Battery Industry: SWOT Analysis
Figure 11: Global: Lithium-ion Battery Industry: Value Chain Analysis
Figure 12: Global: Lithium-ion Battery Industry: Porter’s Five Forces Analysis
Figure 13: Lithium-ion Battery Manufacturing: Production Cost Breakup (in %)
Figure 14: Global: Lithium-ion Battery (Lithium Cobalt Oxide) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Lithium-ion Battery (Lithium Cobalt Oxide) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Lithium-ion Battery (Lithium Iron Phosphate) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Lithium-ion Battery (Lithium Iron Phosphate) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Lithium-ion Battery (Lithium Nickel Manganese Cobalt) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Lithium-ion Battery (Lithium Nickel Manganese Cobalt) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Lithium-ion Battery (Lithium Manganese Oxide) Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Lithium-ion Battery (Lithium Manganese Oxide) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Global: Lithium-ion Battery (Others) Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Global: Lithium-ion Battery (Others) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Global: Lithium-ion Battery (0 to 3000mAh) Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Global: Lithium-ion Battery (0 to 3000mAh) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Lithium-ion Battery (3000mAh to 10000mAh) Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: Global: Lithium-ion Battery (3000mAh to 10000mAh) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Global: Lithium-ion Battery (10000mAh to 60000mAh) Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Global: Lithium-ion Battery (10000mAh to 60000mAh) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Global: Lithium-ion Battery (More than 60000mAh) Market: Sales Value (in Million US$), 2011 & 2018
Figure 31: Global: Lithium-ion Battery (More than 60000mAh) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: Global: Lithium-ion Battery (Consumer Electronics) Market: Sales Value (in Million US$), 2011 & 2018
Figure 33: Global: Lithium-ion Battery (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 34: Global: Lithium-ion Battery (Electric Vehicles) Market: Sales Value (in Million US$), 2011 & 2018
Figure 35: Global: Lithium-ion Battery (Electric Vehicles) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 36: Global: Lithium-ion Battery (Energy Storage) Market: Sales Value (in Million US$), 2011 & 2018
Figure 37: Global: Lithium-ion Battery (Energy Storage) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 38: Global: Lithium-ion Battery (Other Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 39: Global: Lithium-ion Battery (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 40: Asia Pacific: Lithium-ion Battery Market: Sales Value (in Million US$), 2011 & 2018
Figure 41: Asia Pacific: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 42: North America: Lithium-ion Battery Market: Sales Value (in Million US$), 2011 & 2018
Figure 43: North America: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 44: Europe: Lithium-ion Battery Market: Sales Value (in Million US$), 2011 & 2018
Figure 45: Europe: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 46: Middle East and Africa: Lithium-ion Battery Market: Sales Value (in Million US$), 2011 & 2018
Figure 47: Middle East and Africa: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 48: Latin America: Lithium-ion Battery Market: Sales Value (in Million US$), 2011 & 2018
Figure 49: Latin America: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 50: Lithium-ion Battery Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Lithium-ion Battery Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Lithium-ion Battery Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
Table 3: Global: Lithium-ion Battery Market Forecast: Breakup by Power Capacity (in Million US$), 2019-2024
Table 4: Global: Lithium-ion Battery Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 5: Global: Lithium-ion Battery Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Lithium-ion Battery Manufacturing: Raw Material Requirements
Table 7: Global: Lithium-ion Battery Market: Competitive Structure
Table 8: Global: Lithium-ion Battery Market: Key Players