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Published Date: 2016-09-16Number of Pages: 142

Lithium-ion Battery Market for Consumer Electronics, Automotive and Grid Energy & Industrial Application - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Lithium-ion Battery Market: Snapshot

The lithium-ion battery market is expected to expand significantly during the forecast period, as these batteries offer advantages such as higher efficiency and longer lifespan vis-à-vis other batteries. Rapid growth in the consumer electronics industry and a rising shift toward sustainable clean fuels in the automotive sector are expected to drive the lithium-ion battery market in the coming years. The growing adoption of lithium-ion batteries in energy storage systems such as solar grids in household and industrial applications is anticipated to provide considerable growth opportunities to the market. However, the lack of awareness regarding the benefits of these batteries and the high cost compared to traditional lead acid batteries may hamper the growth of this market.

The global lithium-ion battery market was valued at US$29.68 bn in 2015 and is projected to reach US$77.42 bn by 2024, expanding at a CAGR of 11.6% therein.

lithium-ion-battery-market

 

Growing Use of Low Power Capacity Lithium-ion Batteries in Consumer Electronics

In terms of application, the lithium-ion battery market can be segmented into consumer electronics, automotive, and grid energy and industrial. Consumer electronics is projected to be the leading segment of the global lithium-ion battery market during the forecast period. This segment is anticipated to account for nearly half the market by 2024, driven mainly by the rising demand for low power capacity lithium-ion batteries to be used in smartphones.

However, owing to market saturation in several regions, the demand for high power capacity batteries for automobiles has gained precedence. TMR predicts that the automotive segment will gain a significant share in the lithium-ion battery market by the end of 2024. The rising usage of these batteries in EVs, HEVs, and BEVs has primarily boosted this segment and this surge can be attributed to the increasing level of awareness among consumers and automobile manufacturers alike regarding the benefits of clean fuel.

Based on power capacity, the lithium-ion battery market can be segmented into 5–25 Wh, 48–95 Wh, 18–28 KWh, 100­–250 KWh, and more than 300 KWh. In terms of value, 5–25 Wh lithium-ion battery, which is primarily used in smartphones, is estimated to be the leading segment of the lithium-ion battery market during the forecast period, accounting for a share of more than 30% in 2015. The 18–28 KWh power capacity segment is projected to be a rapidly growing segment through 2024, owing to the high demand for electrical vehicles in the automotive sector.

Capacity-wise, North America to Hold Significant Share in Lithium-ion Battery Market

The lithium-ion battery market in Asia Pacific is expected to expand significantly during the forecast period due to the increased demand for these batteries in portable consumer electronic devices. China is anticipated to be the leading market for lithium-ion batteries in Asia Pacific as well as across the globe owing to the ever-rising population and high economic growth in the country. Major global leaders of lithium-ion batteries are concentrated in China, Japan, and South Korea.

North America holds a significant share in the lithium-ion battery market in terms of capacity. Increasing awareness about the benefits of lithium-ion batteries in the region has augmented the usage of these batteries as an alternate fuel in transportation. Major global players focus on the mass production of lithium-ion batteries in order to achieve lower costs and increase their market penetration.

The lithium-ion battery market in Europe and the Middle East and Africa offers a positive outlook for the automotive segment as the consumer electronics segment in many regions is about to reach saturation.

Major players operating in the lithium-ion battery market include GA Yuasa Corporation, Automotive Energy Supply Corporation (AESC), Panasonic Corporation, Hitachi Chemical Co. Ltd., Johnson Controls, Inc., Samsung SDI Co. Ltd., LG Chem Power, Inc., and Toshiba Corporation.

1. Preface
     1.1. Report Scope and Market Segmentation
     1.2. Research Highlights

2. Assumptions and Research Methodology
     2.1. Assumptions and Acronyms Used
     2.2. Research Methodology  

3. Executive Summary
     3.1. Market Size, Indicative (US$ Bn)
     3.2. Top 3 Trends

4. Market Overview
     4.1. Product Overview
     4.2. Key Industry Developments
     4.3. Market Indicators    
     4.4. Drivers and Restraints Snapshot Analysis
     4.5. Drivers
     4.6. Restraints
     4.7. Opportunities
     4.8. Global Lithium-ion Battery  Market Analysis and Forecasts
     4.9. Lithium-ion Battery  Market: Global Demand-Supply Scenario
            4.9.1. Porter’s Analysis
            4.9.2. Threat of Substitutes
            4.9.3. Bargaining Power of Buyers
            4.9.4. Bargaining Power of Suppliers
            4.9.5. Threat of New Entrants
            4.9.6. Degree of Competition
            4.9.7. Value Chain Analysis
            4.9.8. Global Lithium-ion Battery  Market Analysis and Forecasts

5. Lithium-ion Battery  Market Analysis, by Power Capacity
     5.1. 5-25 Wh
     5.2. 48-95 Wh
     5.3. 18-28 KWh
     5.4. 100-250 KWh
     5.5. More than 300 KWh
     5.6. Lithium-ion Battery  Market Attractiveness Analysis By Power Capacity
     5.7. Key Trends

6. Lithium-ion Battery  Market Analysis, by Application
     6.1. Global Lithium-ion Battery  Market Value Share Analysis By Consumer Electronics Application Type, 2016 and 2024
     6.2. Global Lithium-ion Battery  Market Value Share Analysis By Automotive Application Type, 2016 and 2024
     6.3. Global Lithium-ion Battery  Market Value Share Analysis By Grid Energy & Industrial Application Type, 2016 and 2024
     6.4. Application Comparison
     6.5. Lithium-ion Battery  Market Attractiveness Analysis By Application Type

7. Lithium-ion Battery  Market Analysis by Region
     7.1. Global Regulatory Scenario
     7.2. Global Lithium-ion Battery  Market Value Share Analysis, by Region Type
     7.3. North America Lithium-ion Battery  Market Analysis
     7.4. Key Findings
            7.4.1. North America Lithium-ion Battery  Market Overview
            7.4.2. North America Market Forecast by Power Capacity
            7.4.3. North America Market Forecast by Application Type
            7.4.4. North America Market Forecast by Country Type
            7.4.5. North America Market Attractiveness Analysis, by Power Capacity
            7.4.6. North America Market Attractiveness Analysis, by Application Type
     7.5. Europe Lithium-ion Battery  Market Analysis
     7.6. Key Findings
            7.6.1. Europe Lithium-ion Battery  Market Overview
            7.6.2. Europe Market Forecast by Power Capacity
            7.6.3. Europe Market Forecast by Application Type
            7.6.4. Europe Market Forecast by Country Type
            7.6.5. Europe Market Attractiveness Analysis, by Power Capacity
            7.6.6. Europe Market Attractiveness Analysis, by Application Type
     7.7. Asia Pacific Lithium-ion Battery  Market Analysis
     7.8. Key Findings
            7.8.1. Asia Pacific Lithium-ion Battery  Market Overview
            7.8.2. Asia Pacific Market Forecast by Power Capacity
            7.8.3. Asia Pacific Market Forecast by Application Type
            7.8.4. Asia Pacific Market Forecast by Country Type
            7.8.5. Asia Pacific Market Attractiveness Analysis, by Power Capacity
            7.8.6. Asia Pacific Market Attractiveness Analysis, by Application Type
     7.9. Middle East & Africa Lithium-ion Battery  Market Analysis
     7.10. Key Findings
            7.10.1. Middle East & Africa Lithium-ion Battery  Market Overview
            7.10.2. Middle East & Africa Market Forecast by Power Capacity
            7.10.3. Middle East & Africa Market Forecast by Application Type
            7.10.4. Middle East & Africa Market Forecast by Country Type
            7.10.5. Middle East & Africa Market Attractiveness Analysis, by Power Capacity
            7.10.6. Middle East & Africa Market Attractiveness Analysis, by Application Type
            7.11. Latin America Lithium-ion Battery  Market Analysis
     7.12. Key Findings
            7.12.1. Latin America Lithium-ion Battery  Market Overview
            7.12.2. Latin America Market Forecast by Power Capacity
            7.12.3. Latin America Market Forecast by Application Type
            7.12.4. Latin America Market Forecast by Country Type
            7.12.5. Latin America Market Attractiveness Analysis, by Power Capacity
            7.12.6. Latin America Market Attractiveness Analysis, by Application Type

8. Competition Landscape
     8.1. Lithium-ion Battery  Market Share Analysis by Company (2015)
     8.2. Competition Matrix
     8.3. Automotive Energy Supply Corporation     
     8.4. GS Yuasa International Ltd.
     8.5. Johnson Controls, Inc.
     8.6. LG Chem Power, Inc.
     8.7. Hitachi Chemical Co. Ltd.
     8.8. Panasonic Corporation
     8.9. Toshiba Corporation
     8.10. Samsung SDI Co. Ltd.
     8.11. Shenzhen BAK Battery Co., Ltd.
     8.12. Rajamane Telectric Pvt. Ltd.
     8.13. Future Hi-Tech Batteries Limited
     8.14. Others

9. Company Profiles
     9.1. Automotive Energy Supply Corporation
            9.1.1. Company Description
            9.1.2. Business Overview
     9.2. GS Yuasa International Ltd
            9.2.1. Company Description
            9.2.2. Business Overview
            9.2.3. SWOT Analysis
            9.2.4. Financial Details
            9.2.5. Strategic Overview
     9.3. Johnson Controls, Inc.
            9.3.1. Company Description
            9.3.2. Business Overview
            9.3.3. SWOT Analysis
            9.3.4. Financial Details
            9.3.5. Strategic Overview
     9.4. LG Chem Power, Inc.
            9.4.1. Company Description
            9.4.2. Business Overview
            9.4.3. SWOT Analysis
            9.4.4. Financial Details
            9.4.5. Strategic Overview
     9.5. Hitachi Chemical Co. Ltd.  
            9.5.1. Company Description
            9.5.2. Business Overview
     9.6. Panasonic Corporation
            9.6.1. Company Description
            9.6.2. Business Overview
            9.6.3. SWOT Analysis
            9.6.4. Strategic Overview
     9.7. Toshiba Corporation
            9.7.1. Company Description
            9.7.2. Business Overview
     9.8. Samsung SDI Co. Ltd.
            9.8.1. Company Description
            9.8.2. Business Overview
            9.8.3. SWOT Analysis
            9.8.4. Strategic Overview
     9.9. Shenzhen BAK Battery Co., Ltd.
            9.9.1. Company Description
            9.9.2. Business Overview
     9.10. Rajamane Telectric Pvt. Ltd.
            9.10.1. Company Description
            9.10.2. Business Overview
     9.11. Future Hi-Tech Batteries Limited
            9.11.1. Company Description
            9.11.2. Business Overview

10. Key Takeaways

List of Figures

Figure 1: Figure 1: Global Lithium-ion Battery Market Size (US$ Mn) and Volume (Mn Units) Forecast, 2015–2024
Figure 2: Global Lithium-ion Battery Average Price (US$/Unit) 2015–2024
Figure 3: Global Lithium-ion Battery Market Value Share Analysis By Power Capacity, 2015 and 2024
Figure 4: 5-25 Wh, 2015-2024 (Mn Units) (Mn)
Figure 5: 48-95 Wh, 2015-2024 (Mn Units) (Mn)
Figure 6: 18-28 KWh, 2015-2024 (Mn Units) (Mn)
Figure 7: 100-250 KWh, 2015-2024 (Mn Units) (Mn)
Figure 8: More than 300 KWh, 2015-2024 (Mn Units) (Mn)
Figure 9: Lithium-ion Battery Market Attractiveness Analysis By Power Capacity
Figure 10: Global Lithium-ion Battery Market Value Share Analysis By Application Type, 2016 and 2024
Figure 11: Automotive, 2015-2024 (Lakh Units) (US$ Mn)
Figure 12: Consumer Electronics, 2015-2024 (Mn Units) (US$ Mn)
Figure 13: Grid Energy & Industrial, 2015-2024 (Thousand Units) (US$ Mn)
Figure 14: Lithium-ion Battery Market Attractiveness Analysis By Application
Figure 15: Global Lithium-ion Battery Market Value Share Analysis By Region Type, 2016 and 2024
Figure 16: Lithium-ion Battery Market Attractiveness Analysis, By Region Type
Figure 17: North America Lithium-ion Battery Market Size (US$ Mn) and Volume (Mn Units) Forecast, 2015–2024
Figure 18: North America Lithium-ion Battery Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 19: North America Market Attractiveness Analysis By Country
Figure 20: North America Market Value Share Analysis By Power Capacity, 2016 and 2024
Figure 21: North America Market Value Share Analysis By Application Type, 2016 and 2024
Figure 22: North America Market Value Share Analysis By Country, 2016 and 2024
Figure 23: U.S. Lithium-ion Battery Market Analysis
Figure 24: Canada Lithium-ion Battery Market Analysis
Figure 25: North America Market Attractiveness Analysis By Power Capacity
Figure 26: North America Market Attractiveness Analysis By Application Type
Figure 27: Europe Lithium-ion Battery Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 28: Europe Lithium-ion Battery Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 29: Europe Market Attractiveness Analysis By Country
Figure 30: Europe Market Value Share Analysis By Power Capacity, 2016 and 2024
Figure 31: Europe Market Value Share Analysis By Application Type, 2016 and 2024
Figure 32: Europe Market Value Share Analysis By Country, 2016 and 2024
Figure 33: Germany Lithium-ion battery Market Analysis
Figure 34: France Lithium-ion battery Market Analysis
Figure 35: U.K. Lithium-ion battery Market Analysis
Figure 36: Italy Lithium-ion battery Market Analysis
Figure 37: Spain Lithium-ion battery Market Analysis
Figure 38: Rest of Europe Lithium-ion battery Market Analysis
Figure 39: Europe Market Attractiveness Analysis By Power Capacity
Figure 40: Europe Market Attractiveness Analysis By Power Capacity
Figure 41: Asia Pacific Lithium-ion Battery Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 42: Asia Pacific Lithium-ion Battery Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 43: Asia Pacific Market Attractiveness Analysis By Country
Figure 44: Asia Pacific Market Value Share Analysis By Power Capacity, 2016 and 2024
Figure 45: Asia Pacific Market Value Share Analysis By Application Type, 2016 and 2024
Figure 46: Asia Pacific Market Value Share Analysis By Country, 2016 and 2024
Figure 47: China Lithium-ion Battery Market Analysis
Figure 48: Japan Lithium-ion Battery Market Analysis
Figure 49: India Lithium-ion Battery Market Analysis
Figure 50: ASEAN Lithium-ion Battery Market Analysis
Figure 51: Rest of APAC Lithium-ion Battery Market Analysis
Figure 52: Asia Pacific Market Attractiveness Analysis By Power Capacity
Figure 53: Asia Pacific Market Attractiveness Analysis By Application Type
Figure 54: MEA Lithium-ion Battery Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 55: MEA Lithium-ion Battery Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 56: MEA Market Attractiveness Analysis By Country
Figure 57: MEA Market Value Share Analysis By Power Capacity, 2016 and 2024
Figure 58: MEA Market Value Share Analysis By Application Type, 2016 and 2024
Figure 59: MEA Market Value Share Analysis By Country, 2016 and 2024
Figure 60: GCC Lithium-ion Battery Market Analysis
Figure 61: South Africa Lithium-ion Battery Market Analysis
Figure 62: Egypt Lithium-ion Battery Market Analysis
Figure 63: Rest of MEA Lithium-ion Battery Market Analysis
Figure 64: Middle East & Africa Market Attractiveness Analysis By Power Capacity
Figure 65: Middle East & Africa Market Attractiveness Analysis By Application Type
Figure 66: Latin America Lithium-ion Battery Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 67: Latin America Lithium-ion Battery Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 68: Latin America Market Attractiveness Analysis By Country
Figure 69: Latin America Market Value Share Analysis By Power Capacity, 2016 and 2024
Figure 70: Latin America Market Value Share Analysis By Application Type, 2016 and 2024
Figure 71: Latin America Market Value Share Analysis By Country, 2016 and 2024
Figure 72: Brazil Lithium-ion Battery Market Analysis
Figure 73: Mexico Lithium-ion Battery Market Analysis
Figure 74: Rest of Latin America Lithium-ion Battery Market Analysis
Figure 75: Latin America Market Attractiveness Analysis By Power Capacity
Figure 75: Latin America Market Attractiveness Analysis By Application Type
Figure 77: Global Lithium-ion Battery Market Share Analysis By Company (2015)

List of Tables

Table 1: Global Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units)) Forecast, By Power Capacity, 2015–2024
Table 2: Global Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units)) Forecast, By Application Type, 2015–2024
Table 3: Global Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units)) Forecast, By Region Type, 2015–2024
Table 3: North America Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Power Capacity, 2015–2024
Table 4: North America Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Application Type, 2015–2024
Table 5: North America Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Country, 2015–2024
Table 6: Europe Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Power Capacity, 2015–2024
Table 7: Europe Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Application Type, 2015–2024
Table 8: Europe Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Country, 2015–2024
Table 9: Asia Pacific Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Power Capacity, 2015–2024
Table 10: Asia Pacific Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Application Type, 2015–2024
Table 11: Asia Pacific Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Country, 2015–2024
Table 12: Middle East and Africa Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Power Capacity, 2015–2024
Table 13: MEA Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Application Type, 2015–2024
Table 14: Middle East & Africa Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Country, 2015–2024
Table 15: Latin America Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Power Capacity, 2015–2024
Table 16: Global Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Application Type, 2015–2024
Table 17: Latin America Lithium-ion Battery Market Size (US$ Mn) and Volume (Thousand Units) Forecast, By Country, 2015–2024

Lithium-ion Battery are a part of rechargeable battery group. Lithium-ion batteries offer high storage capacity, better efficiency and long lifecycle than other batteries. The demand for these batteries are increasing in various applications such as consumer electronics products, automotive application such as EVs and HEVs and energy storage systems in power plants and household electricity. The global lithium-ion battery market is anticipated to grow with a significant rate between 2016 and 2024. The rising demand for electronic devices and the stringent government regulations to control pollution level are expected to drive the lithium-ion battery market during the forecast period.

This study analyzes, estimates, and forecasts the global Lithium-ion Battery market in terms of volume (Units) and revenue (US$ Mn) from 2016 to 2024. Market numbers given in the report describe the demand for global lithium-ion battery, but not production or supply. The Lithium-ion Battery report also analyzes several driving and restraining factors and their impact on the market during the forecast period.

The report provides comprehensive analysis of the Lithium-ion Battery by power capacity range and applications. It segments the lithium-ion battery market into range of power capacity that include 5-25 Wh, 48-95 Wh, 18-28 KWh, 100-250 KWh and more than 300 KWh. It further segments the market into the following key applications: consumer electronics, automotive and grid energy & industrial segment. The report also segments the market based on major geographies into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. It further provides volume and revenue for each application segment for each region. This includes 12 unique country-specific analysis.

Based on the application and country, the report analyzes the attractiveness of each segment and country with the help of an attractiveness tool. The study consist of value chain analysis, which offers a better understanding of key companies in the supply chain from raw material manufacturers to end-users. Additionally, the study examines market competition through Porter’s Five Forces Analysis.

The report includes an overview of the market share of key companies in the global Lithium-ion Battery market. Market share of companies has been derived on the basis of production by manufacturers of controlled release fertilizers. Key market players profiled in the study include Automotive Energy Supply Corporation (AESC), Panasonic Corporation, GA Yuasa Corporation, Hitachi Chemical Co. Ltd., Johnson Controls, Inc., LG Chem Power, Inc., Samsung SDI Co. Ltd., Toshiba Corporation. Profiles of key participants comprise important parameters such as company overview, financial overview, business strategy, and recent developments.

Primary research represents the majority of our research efforts, complemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of technical writing, recent trade, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most consistent, effective, and productive approach for procuring precise market data, recognizing business opportunities, and understanding industry participants’ perceptions.

Secondary research sources that are typically referred to include broker reports, corporation websites, external patented databases, financial reports, stockholder presentations, Securities & Exchange Commission filings, proprietary databases and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market. Secondary sources referred for this study include Chemical Week Magazine, ICIS Chemical Business Magazine, Hoover’s, Factiva, and company presentations.

The report segments the global Lithium-ion Battery market as follows:

This report segments the global Lithium-ion Battery Market as follows:

  • Lithium-ion Battery Market – Power Capacity Analysis
    • 5-25 Wh
    • 48-95 Wh
    • 18-28 KWh
    • 100-250 KWh
    • More than 300 KWh
  • Lithium-ion Battery  Market – Application Analysis
    • Consumer Electronics
    • Automotive
    • Grid Energy & Industrial
  • Lithium-ion Battery  Market – Regional Analysis
    • North America
      • U.S.
      • Canada
      • Rest of North America
    • Europe
      • Germany
      • France      
      • Italy
      • U.K.
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa (MEA)
      • GCC
      • South Africa
      • Egypt
      • Rest of MEA


 
 
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