Lithium-Ion Battery Market Players Expand Amid Growing Electric Vehicle Demand
The Lithium Ion Battery Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study. This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the lithium ion battery market include A123 Systems, LLC., BAK Group, BYD Co. Ltd., GS Yuasa Corporation, Hitachi, Ltd., Johnson Controls Inc., LG Chem Ltd., Panasonic Corporation, Saft Groupe S.A, Samsung SDI Co., Ltd., Toshiba Corporation and Valence Technology Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
Growing usage of lithium ion batteries in vehicles, home and portable electronics owing to its high density and lightweight nature is driving the market growth. Growing demand of smart phones, smart watches, laptop, tablets and others is further spurring the market growth. Also, rising demand for electric vehicles is further fueling the market growth. Apart from this, advantages such as longer life span, high energy density, easy availability, low maintenance is again boosting the lithium ion battery demand in various applications.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of lithium ion battery.
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Market Segmentation
The broad lithium ion battery market has been sub-grouped into type, power capacity and vertical. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product
- Lithium Cobalt Oxide (LCO)
- Lithium Iron Phosphate (LFP)
- Lithium Nickel Cobalt Aluminum Oxide (NCA)
- Lithium Manganese Oxide (LMO)
- Lithium Titanate
- Lithium Nickel Manganese Cobalt (LMC)
By Application
- Automotive
- Consumer Electronics
- Industrial
- Energy Storage Systems
- Medical Devices
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for lithium ion battery in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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