Latest research on the Global Lithium-Ion Battery Market assists users in making informed decisions to grow their Market presence and share. The report's competitive landscape includes thorough profiles of the Market's top players, financial overviews, Market strategies, new product analyses, and Marketing trends.

Pune, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Global Lithium-Ion Battery Market size is expected to gain momentum owing to the increasing application in the automotive sector during the forecast period. This information is published in this new report, titled, “Global Lithium-Ion Battery Market, 2022-2028.” A Lithium-Ion Battery is a rechargeable battery in which lithium ions travel from the negative electrode to the positive electrode via an electrolyte during discharge and then back again during charging. The positive electrode of a Lithium-Ion Battery is made of an intercalated lithium compound, while the negative electrode is usually made of graphite. The market's expansion can be ascribed to the rising demand for lithium-ion batteries in electric vehicles (EVs) and grid storage, since they provide high-energy density and lightweight solutions. Over the projection period, the market size is expected to grow due to an increase in the registration of electric vehicles and a decrease in the price of lithium-ion batteries.

By Company

• Panasonic
• Samsung SDI
• LG Chem
• CATL
• ATL
• Murata
• BYD
• Tianjin Lishen Battery
• BAK Power
• Toshiba
• AESC
• Saft

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COVID-19 Impact-

The COVID-19 epidemic had a minor impact on the Lithium-Ion Battery market growth. The predicted growth of the market is expected to slow under the current COVID-19 condition, since the pandemic is limiting the supply of batteries and other components due to severe disruptions in enterprises and the global economy. The battery industry's supply chain has been influenced by the current scenario.

Asia Pacific is expected to hold the largest Global Lithium-Ion Battery Market share during the forecast period. Over the predicted period, the region is expected to maintain its dominance. Therefore, customers are more conscious of the necessity of an environmentally friendly atmosphere. Customers in this location can afford the merchandise since they have a lot of spare cash. Over the forecast period, rising demand for tablets and smartphones in countries such as India, Japan, Thailand, and China are predicted to boost industry growth.

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Segment by Type

• Cobalt Oxide
• Nickel Cobalt Aluminium Oxide
• Nickel Cobalt Manganese Oxide
• Manganese Oxide
• Iron Phosphate
• Others
• by Electrolyte Type
• Aqueous
• Organic Liquid
• Polymer
• Ceramic

Segment by Application

• Power & Utilities
• EV Automotive
• Industrial
• Commercial & Residential
• Consumer Electronics
• Medical
• eVTOL
• Others

To gain a competitive advantage, the leading industry participants in the Lithium-Ion Battery market are focused on strategic alliances. The company's collaboration strategy is designed to drastically alter market trends by improving production efficiency and lowering overall battery costs in order to consolidate a leading market position.

Ola Electric announced plans to build a cell production unit to power its lithium-ion (Li-ion) battery in March 2021. The battery manufacturing plant will be built in a new integrated complex near Bengaluru, India, which will also produce the e-scooter.

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Detailed TOC of Global Lithium-Ion Battery Market:

1 Study Coverage

2 Global Lithium-Ion Battery Production

3 Global Lithium-Ion Battery Sales in Volume & Value Estimates and Forecasts

4 Competition by Manufactures

5 Market Size by Type

Continued…

Report 2:

Global EV Battery Market 2022-2029:

Global EV Battery Market size is expected to gain momentum owing to the increasing demand for electric vehicles during the forecast period. This information is published in this latest report, titled, “Global EV Battery Market, 2022-2028.” A secondary (rechargeable) battery is used in electric vehicles. It is powered by chemical energy stored in rechargeable battery packs and hence does not require the use of a combustion engine. The propulsion of battery electric vehicles is powered by an electric vehicle battery, often known as a traction battery. The increased demand for EVs, major vehicle manufacturers is entering the market. EV Battery market growth is projected to accelerate in the near future, thanks to major manufacturers' interest in the field.

Key players in the global EV Battery market covered in Chapter 2 and Chapter 6:

• Lishien
• CALB
• Panasonic
• Farasis
• BYD
• Sunwoda
• LGchem
• Gotion High-Tech
• Chinarept
• EVE
• CATL
• Bakpower

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COVID-19 Impact-

Many countries imposed a complete lockdown due to the pandemic, which hindered the manufacturing of electric vehicles and battery components. Electric vehicle sales took a hit as manufacturing sites throughout the world were shut down. The majority of automakers, on the other hand, resumed vehicle production with limited capacity and the appropriate safeguards in place.

Asia Pacific is expected to hold the largest Global EV Battery Market share during the forecast period. The use of lithium-ion batteries is predicted to rise significantly in the region, thanks to the increasing deployment of electric vehicles in countries like China, Japan, and India, as well as the strong demand for vehicles that comes with urbanization and rising power purchase parity. China is one of the world's largest markets for electric vehicles, and the country's growing use of electric vehicles is in accordance with its clean energy policy. Furthermore, the Chinese government has offered both financial and non-financial incentives to encourage the adoption of electric vehicles.

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In Chapter 8 and Chapter 10.3, based on types, the EV Battery market from 2017 to 2029 is primarily split into:

• Ternary Lithium Battery
• LiFePO4 Battery
• Others

In Chapter 9 and Chapter 10.4, based on applications, the EV Battery market from 2017 to 2029 covers:

• Passenger Car
• Commercial Car
• Special Vehicle

Leading businesses are confident in their ability to execute strategies that will strengthen their brand's value in the marketplace. The corporation employs a variety of strategies, including producing exclusive items and forming mergers with other important companies or end-users to expand the reach of their products. Another important strategy for refining one's presence in the global market is to form alliances with or acquire multiple firms.

Amara Raja Batteries, India's second-largest car battery manufacturer, inaugurated its first technological base to develop lithium-ion cells in Tirupati, Andhra Pradesh, in February 2021.

Detailed TOC of 2022-2029 Global EV Battery Professional Market:

1 EV Battery Market Overview

2 Global EV Battery Market Landscape by Player

3 EV Battery Upstream and Downstream Analysis

4 EV Battery Manufacturing Cost Analysis

5 Market Dynamics

Continued…

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