Introduction

Lithium metal is the third lightest element with low molecular weight, and it can effectively produce batteries with high capacity. In lithium ion batteries, lithium ions move from negative to positive electrodes during discharge and back when charging. Lithium ion batteries are used an intercalated lithium compound as one electrode material but in non-rechargeable lithium battery metallic lithium is used. Lithium ion batteries are the powerhouse for the digital electronic revolution because of high energy density, tiny memory effect and low self-discharge. Everything from smartphones to power tools, electric automobiles to aerospace parts is powered by lithium ion batteries. In contrast to disposable lithium primary batteries, which use metallic lithium as the electrode, lithium ion batteries (LIB) use intercalated lithium compound as the electrode. High energy density and a low rate of self-discharge are just two of the advantages that lithium-ion technology now has over competing technologies. During the projection period, it is anticipated that the lithium ion battery market will increase due to growing adoption of lithium-ion batteries in various end user applications such as military, battery electric vehicle, and aerospace. Increasing demand for energy storage across the globe is another factor expected to propel growth of the market during the forecast period. The lithium ion battery market accounted for US$ 32.1 billion in 2020 and is estimated to be US$ 115.6 billion by 2029 and is anticipated to register a CAGR of 12.5%.

COVID-19 Analysis:

The COVID-19 epidemic had a marginal effect on the lithium-ion battery market. In the current COVID-19 scenario, market growth is anticipated to slow down as the pandemic restricts the supply of batteries and other components as a result of severe commercial and economic disruptions. The battery industry's supply chain has been influenced by the current scenario. Asia Pacific is where the majority of key battery components are produced. The COVID-19 issue has highlighted the region's excessive reliance on China in particular for essential raw commodities. The closure of plants in China and other Asia Pacific nations has a significant impact on battery makers in the US, Germany, and Australia. Additionally, the constrained manufacturing has caused a significant drop in company inputs.

Rising initiatives by government bodies

In addition, increasing government support for the adoption of electric vehicles integrated with lithium ion batteries is also supporting growth of the lithium ion battery market over the forecast period. However, heat-related problems associated with those batteries along with issue of these batteries that battery gets ruined when discharged completely are expected to restrain lithium ion battery market in the future.

Increased demand for smartphones and other electronics devices, as well as an increase in the number of electric cars, are some of the major drivers propelling the growth of the global lithium-ion battery market. It is also anticipated that the market growth will be enhanced by the implementation of strict government laws to reduce rising pollution levels. However, it is projected that the high cost of lithium-ion batteries will impede market expansion. On the other hand, stricter energy efficiency standards for technologically advanced consumer electronics are anticipated to open up new opportunities for the major players in the lithium-ion battery market.

The lithium ion battery Market report based on Material, Power Capacity, Industry and region.

Material Insights

On the basis of material type the target market has been segmented into cathode, anode, binders, foils, electrolytic solution, and separators. The surge in demand for lithium-ion batteries across several industry verticals is also anticipated to have a substantial impact on the demand for cathode materials.

Power Capacity Insights

On the basis of power capacity the target market has been segmented into 0 to 3000mAh, 3000mAh to 10000mAh, and 10000mAh to 60000mAh. In 2020, the 10,000–60,000 MAh market category held the greatest market share. For high-capacity applications like electric vehicles, plug-in hybrid electric vehicles, e-motorcycles, material handling equipment, robots, industrial, telecommunication systems, electronic cash registers, standby power supplies, golf carts, hybrid trucks, buses, the smart grid, the aviation industry, automated guided vehicles, yachts, solar backup power, and energy storage system (ESS), Li-ion batteries with a capacity of more than 10,000 mAh are used.

Industry Insights

On the basis of industry the target market has been segmented into consumer electronics, automotive, medical, and industrial. During the forecast period, the automotive sector is anticipated to account for the greatest share of the lithium-ion battery market. Lithium-ion batteries are mostly used in battery-powered vehicles, including e-bikes, automated guided vehicles, and electric vehicles. EVs are categorized as battery electric cars (BEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles depending on their power source and intended use (PHEVs). The market's expansion is supported by growing EV acceptance and awareness. Those most impacted by the COVID-19pandemic are original equipment manufacturers (OEM) of automobiles and companies in the mobility sector.

On region the lithium ion battery Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to account major market share in terms of revenue as compared to that of other regions. China and Japan are the world's second-and third-biggest business sectors, separately, for electric vehicles. Consistent advancements in the customer hardware and auto verticals have prompted an expansion in the utilization of lithium-particle batteries as they offer different benefits, like high force limit, expanded wellbeing, and decreased contamination. Be that as it may, the episode of COVID-19 has affected the assembling offices of all verticals across the world, driving them to close down. Notwithstanding, creation has continued in a couple of offices in China, subsequently starting the assembling of certain basics. A few nations in the APAC district are arranging off-network jolt, particularly in far off regions. Interests in energy stockpiling frameworks are relied upon to increment considerably in the area as governments in creating economies are planning new arrangements to work on the dependability and nature of force dissemination offices for the private clients.

Report Scope:

Attribute	Details
Base year for estimation	2020
Forecast period	2020 – 2029
Market representation	Revenue in USD Million & CAGR from 2020 – 2029
Market Segmentation	By Material type - Cathode, Anode, Binders, Foils, Electrolytic solution, and Separators. By Power Capacity- 0 to 3000mAh, 3000mAh to 10000mAh, and 10000mAh to 60000mAh By Industry-Consumer Electronics, Automotive, Medical, and Industrial By Region- North America, Latin America, Europe, Asia Pacific, Middle East, and Africa
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Recent Development:

• In May 2021, based on their common vision of CO2-neutral electrified trucking, CATL and Daimler Truck AG announced the expansion of their current relationship. The Mercedes-Benz eActros LongHaul battery-electric truck, which is anticipated to be ready for series production in 2024, will use lithium-ion battery packs provided by CATL.
• In December 2020, GS Yuasa Corporation announced the introduction of its LIM30HL line of industrial lithium-ion battery modules. While maintaining the same dimensions as the current LIM25H series, the battery modules in the new LIM30HL series are upwardly compatible, have a larger rated capacity, and have lower internal resistance.

 Lithium Ion Battery Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the lithium ion battery Market includes Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI), LITEC Co., Ltd., A123 Systems, LLC., Toshiba Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and GS Yuasa International Ltd.

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share by Bottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global lithium ion battery Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By material Type
  • Market Snippet, Power Capacity
  • Market Snippet, By Industry
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restraints
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Market Segmentation, By Material type, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
  • Y-o-Y Growth Analysis (%), 2020 – 2030
  • Segment Trends
• Cathod
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
• Anode
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
• Other
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030

Market Segmentation, By Power Capacity, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
  • Y-o-Y Growth Analysis (%), 2020 – 2030
  • Segment Trends
•  Consumer Electronics
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
•  Automotive
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
• Medical
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
•  Industrial
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
• Others
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030

Market Segmentation, By Industry Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
  • Y-o-Y Growth Analysis (%), 2020 – 2030
  • Segment Trends
• 0 to 3000mAh
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
• 3000mAh to 10000mAh
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
• 10000mAh to 60000mAh
  •  Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030

Global Market, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
  • Y-o-Y Growth Analysis (%), 2020 – 2030
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Mn), By material Type, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Power capacity, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Industry, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Mn), By material Type, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By power capacity, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Industry, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Mn), By material Type, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By power capacity, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Industry, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Mn), By material Type, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By power capacity, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Industry, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
    • Brazil
    • Mexico
    • Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Mn), By material Type, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By power capacity, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Industry, 2020 – 2030
  • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• Automotive Energy Supply Corporation
•  Company Overview
• Product Portfolio
• Key Highlights
• Financial Performance
• Business Strategies

• Panasonic Corporation
• Samsung SDI Co. Ltd.
• LG Chem Power (LGCPI)
• LITEC Co.Ltd.
• A123 Systems LLC.
• Toshiba Corporation
• Hitachi Chemical Co., Ltd.
• China BAK Battery Co. Ltd.
• GS Yuasa International Ltd.

The Last Word

• Future Impact
• About Us
• Contact