According to the recent study the Lithium-Ion Battery Market is projected to reach an estimated $340 billion by 2030 at a CAGR of 17.9% from 2023 to 2030. Growth in this market is primarily driven by increase in number of working women, increasing disposable income, and changing climatic conditions.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunities and
forecast in 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).
Lucintel forecasts that
transportation will remain the largest end use segment and is also expected to
witness the highest growth over the forecast period due to due to increasing
production of electric vehicles globally.
NMC lithium-ion battery
technology will remain the largest segment and it is expected to witness the
highest growth over the forecast period due to its excellent electrochemical
performance and low resistance.
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Lithium-Ion Battery Market
Asia Pacific is expected
to remain the largest region and witness the highest growth over the forecast
period due to increase in manufacturing of electric and hybrid vehicles and
rise in sales of electronic products in the region.
CATL, BYD, Duracell,
EnerSys, GS Yuasa, Johnson Controls, LG Chem, Panasonic, Samsung SDI, Toshiba
are the major suppliers in the lithium-ion battery market.
This unique research
report 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 write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972 636 5056
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