Lucintel Blog: Transportation is expected to remain the largest segment in the global lithium-ion battery market

Thursday, March 9, 2023

Transportation is expected to remain the largest segment in the global lithium-ion battery market

An exciting new study from the team of Lucintel found that lithium-ion battery market is expected to reach $215.9 billion by 2027 with a CAGR of 21.5%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/lithium-ion-battery-market.aspx.

The lithium-ion battery market is segmented based on application, technology, and region. In this market, transportation is expected to remain the largest application, and lithium nickel manganese cobalt (NMC) segment is expected to remain the largest technology. Players can benefit from the available opportunities like increase in manufacturing of electric and hybrid vehicles and rise in sales of electronic products in the region.

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 are emerging trends having impact on dynamics of the industry.

CATL, BYD, Duracell, EnerSys, GS Yuasa, Johnson Controls, LG Chem, Panasonic, Samsung SDI, Toshiba are some of the major players profiled in this 205 page report.

Request Sample Pages by clicking on https://www.lucintel.com/lithium-ion-battery-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the 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 What are the business risks and threats to the lithium-ion battery market?

Q.4 What are some changing demands of customers in the lithium-ion battery market?

Q.5 What are the new developments in the lithium-ion battery market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this lithium-ion battery area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this lithium-ion battery market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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