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North America Lithium-ion Battery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The North America lithium-ion battery market reached a value of US$ 14.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 28.4 Billion by 2027, exhibiting a CAGR of 12.8% 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 on different end use industries. These insights are included in the report as a major market contributor. 

Lithium-ion, or Li-ion, batteries can be defined as rechargeable batteries with a high energy density. A typical lithium-ion battery is capable of storing 150 watt-hours of electricity in 1 kilogram of battery. These batteries do not have a memory effect owing to which they are not required to be discharged prior to recharging. These low maintenance batteries are ideal for modern fuel gauge applications as their self-discharge is much lower than that of nickel-cadmium batteries. Besides this, Li-ion batteries can be used for a variety of applications ranging from automobiles to power sources for mobile devices and personal computers.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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The North America lithium-ion battery market is currently being driven by several factors. The region is experiencing a mounting demand for electric and hybrid vehicles, which employ lithium-ion batteries. Moreover, the escalating sales of consumer electronics in the region have also catalyzed the demand for these batteries. Apart from this, the need for lithium-ion batteries is stimulated based on their excess power storage capacity, which is beneficial during peak hours of electricity demand. In addition to this, rapid growth in renewable energy production in the region, especially wind and solar energy, has also induced the need for grid energy storage. Furthermore, consumers have started relying on electronic gadgets, such as tablets, laptops and smartphones, for communication and other daily activities. As these devices mostly run on lithium-ion batteries, the demand is being escalated at a rapid pace in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America lithium-ion battery market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product type, power capacity and application.

  • Key Regions Analysed
    • United States
    • Canada
    • Mexico
       
  • Analysis for Each Country
     
  • Market by Product Type
    • Lithium Cobalt Oxide
    • Lithium Iron Phosphate
    • Lithium Nickel Manganese Cobalt
    • Lithium Manganese Oxide
    • Others
       
  • Market by Power Capacity
    • 0 to 3000mAh
    • 3000mAh to 10000mAh
    • 10000mAh to 60000mAh
    • More than 60000mAh
       
  • Market by Application
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles


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, Country
Countries Covered United States, Canada, Mexico
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
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 North America 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 North America lithium-ion battery market?
  • What are the key regions in the North America lithium-ion battery market?
  • What is the breakup of the North America lithium-ion battery market on the basis of product type?
  • What is the breakup of the North America lithium-ion battery market on the basis of power capacity?
  • What is the breakup of the North America lithium-ion battery market on the basis of application?
  • What are the various stages in the value chain of the North America lithium-ion battery industry?
  • What are the key driving factors and challenges in the North America lithium-ion battery industry?
  • What is the structure of the North America lithium-ion battery industry and who are the key players?
  • What is the degree of competition in the North America lithium-ion battery industry?
  • What are the profit margins in the North America lithium-ion battery 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   Global Lithium-ion Battery Market
    5.1    Market Performance
    5.2    Market Breakup by Product Type
    5.3    Market Breakup by Power Capacity
    5.4    Market Breakup by Application  
    5.5    Market Breakup by Region 
    5.6    Market Forecast 
6   North America Lithium-ion Battery Market
    6.1    Market Performance
    6.2    Impact of COVID-19
    6.3    Market Forecast 
7   North America Lithium-ion Battery Market: Breakup by Product Type
    7.1    Lithium Cobalt Oxide
    7.2    Lithium Iron Phosphate
    7.3    Lithium Nickel Manganese Cobalt
    7.4    Lithium Manganese Oxide
    7.5    Others
8   North America Lithium-ion Battery Market: Breakup by Power Capacity 
    8.1    0 to 3000mAh
    8.2    3000mAh to 10000mAh
    8.3    10000mAh to 60000mAh
    8.4    More than 60000mAh
9   North America Lithium-ion Battery Market: Breakup by Application 
    9.1    Consumer Electronics
    9.2    Electric Vehicles
    9.3    Energy Storage
    9.4    Others
10  North America Lithium-ion Battery Market: Breakup by Country 
    10.1   United States
       10.1.1    Historical Market Trends
       10.1.2    Market Breakup by Product Type
       10.1.3    Market Breakup by Power Capacity
       10.1.4    Market Breakup by Application
       10.1.5    Market Forecast
    10.2   Canada
       10.2.1    Historical Market Trends
       10.2.2    Market Breakup by Product Type
       10.2.3    Market Breakup by Power Capacity
       10.2.4    Market Breakup by Application
       10.2.5    Market Forecast
    10.3   Mexico
       10.3.1    Historical Market Trends
       10.3.2    Market Breakup by Product Type
       10.3.3    Market Breakup by Power Capacity
       10.3.4    Market Breakup by Application
       10.3.5    Market Forecast
11  SWOT Analysis 
    11.1    Overview 
    11.2    Strengths
    11.3    Weaknesses 
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis 
    12.1    Overview
    12.2    Research and Development
    12.3    Raw Material Procurement
    12.4    Manufacturing
    12.5    Marketing
    12.6    Distribution
    12.7    End-Use
13  Porter’s Five Forces Analysis 
    13.1     Overview
    13.2     Bargaining Power of Buyers
    13.3     Bargaining Power of Suppliers
    13.4     Degree of Rivalry
    13.5     Threat of New Entrants
    13.6     Threat of Substitutes
14  Price Analysis 
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

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$), 2016-2021
Figure 3: Global: Lithium-ion Battery Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Lithium-ion Battery Market: Breakup by Power Capacity (in %), 2021
Figure 5: Global: Lithium-ion Battery Market: Breakup by Application (in %), 2021
Figure 6: Global: Lithium-ion Battery Market: Breakup by Region (in %), 2021
Figure 7: Global: Lithium-ion Battery Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: North America: Lithium-ion Battery Market: Sales Value (in Billion US$), 2016-2021
Figure 9: North America: Lithium-ion Battery Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 10: North America: Lithium-ion Battery Market: Breakup by Product Type (in %), 2021
Figure 11: North America: Lithium-ion Battery (Lithium Cobalt Oxide) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: North America: Lithium-ion Battery (Lithium Cobalt Oxide) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: North America: Lithium-ion Battery (Lithium Iron Phosphate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: North America: Lithium-ion Battery (Lithium Iron Phosphate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: North America: Lithium-ion Battery (Lithium Nickel Manganese Cobalt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: North America: Lithium-ion Battery (Lithium Nickel Manganese Cobalt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: North America: Lithium-ion Battery (Lithium Manganese Oxide) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: North America: Lithium-ion Battery (Lithium Manganese Oxide) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: North America: Lithium-ion Battery (Other Product Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: North America: Lithium-ion Battery (Other Product Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Lithium-ion Battery Market: Breakup by Power Capacity (in %), 2021
Figure 22: North America: Lithium-ion Battery (0 to 3000mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: North America: Lithium-ion Battery (0 to 3000mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: North America: Lithium-ion Battery (3000mAh to 10000mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: North America: Lithium-ion Battery (3000mAh to 10000mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: North America: Lithium-ion Battery (10000mAh to 60000mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: North America: Lithium-ion Battery (10000mAh to 60000mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Lithium-ion Battery (More than 60000mAh) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Lithium-ion Battery (More than 60000mAh) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Lithium-ion Battery Market: Breakup by Application (in %), 2021
Figure 31: North America: Lithium-ion Battery (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: North America: Lithium-ion Battery (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Lithium-ion Battery (Electric Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Lithium-ion Battery (Electric Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Lithium-ion Battery (Energy Storage) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Lithium-ion Battery (Energy Storage) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: North America: Lithium-ion Battery (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: North America: Lithium-ion Battery (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: North America: Lithium-ion Battery Market: Breakup by Country (in %), 2021
Figure 40: United States: Lithium-ion Battery Market: Sales Value (in Million US$), 2016-2021
Figure 41: United States: Lithium-ion Battery Market: Breakup by Product Type (in %), 2021
Figure 42: United States: Lithium-ion Battery Market: Breakup by Power Capacity (in %), 2021
Figure 43: United States: Lithium-ion Battery Market: Breakup by Application (in %), 2021
Figure 44: United States: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Canada: Lithium-ion Battery Market: Sales Value (in Million US$), 2016-2021
Figure 46: Canada: Lithium-ion Battery Market: Breakup by Product Type (in %), 2021
Figure 47: Canada: Lithium-ion Battery Market: Breakup by Power Capacity (in %), 2021
Figure 48: Canada: Lithium-ion Battery Market: Breakup by Application (in %), 2021
Figure 49: Canada: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Mexico: Lithium-ion Battery Market: Sales Value (in Million US$), 2016-2021
Figure 51: Mexico: Lithium-ion Battery Market: Breakup by Product Type (in %), 2021
Figure 52: Mexico: Lithium-ion Battery Market: Breakup by Power Capacity (in %), 2021
Figure 53: Mexico: Lithium-ion Battery Market: Breakup by Application (in %), 2021
Figure 54: Mexico: Lithium-ion Battery Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: North America: Lithium-ion Battery Industry: SWOT Analysis
Figure 56: North America: Lithium-ion Battery Industry: Value Chain Analysis
Figure 57: North America: Lithium-ion Battery Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: North America: Lithium-ion Battery Market: Key Industry Highlights, 2021 and 2027
Table 2: North America: Lithium-ion Battery Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: North America: Lithium-ion Battery Market Forecast: Breakup by Power Capacity (in Million US$), 2022-2027
Table 4: North America: Lithium-ion Battery Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: North America: Lithium-ion Battery Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 6: North America: Lithium-ion Battery Market: Competitive Structure
Table 7: North America: Lithium-ion Battery Market: Key Players


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