Get In Touch

Lithium polymer (LiPo) battery or more accurately known as lithium ion polymer battery is a rechargeable battery found in a pouch format. LiPo battery uses polymer electrolyte instead of commonly used liquid electrolyte. This battery primarily works on the principle of de-intercalation and intercalation of lithium ions from positive electrode materials to negative electrode materials. For the purpose of providing detailed analysis, global lithium polymer battery market can be segmented on the basis of power capacity, application and geography. Based on power capacity, the market has been bifurcated into 5–25 Wh, 18–28 KWh, 48–95 Wh, 100–250 KWh and more than 300 KWh. On the other hand, Lithium polymer battery finds its application across various consumer electronic devices, automotive and energy grid system among others. In addition, cross sectional analysis of all the above mentioned segment is provided in this report across various regions including North America, Europe, Asia Pacific, Middle East and Africa (MEA) and Latin America. 

Lithium polymer battery is expected to see adoption at a large scale in the hand-held electronic devices such as laptops, mobiles, and cameras among others. Any electronic devices that requires frequent burst of power for a long period of time can be powered with a lithium polymer battery. The features such as video calling, cameras, wireless communications, GPS (Global Positioning System) navigation and high-fidelity audio found in consumer electronic products today can be operated efficiently for a longer period of time with the help of lithium ion batteries. Similarly, the other industrial hand-held devices such as RFID (Radio-frequency identification) communications, bar code scanners, display refreshes, GPS chips and audio amplifiers can also be operated more efficiently with the help of Lithium polymer battery. In addition, lithium polymer battery offers competitive advantage over lithium ion battery in terms of durability, utility and flexibility. Lithium polymer battery can be shaped as per the various requirements of different end users. This in turn is also anticipated to boost the demand of lithium polymer battery from various application segments during the forecast period from 2016 to 2024.

However, high manufacturing cost is one of the primary factor predicted to deter the market growth of lithium polymer battery in the coming years. Increased manufacturing cost of battery increase the overall price of the end products, thereby affecting the demand negatively. This in turn is predict to limit the demand of lithium polymer battery from various application segments. Moreover, safety concern involved with the usage of lithium polymer batteries coupled with increasing demand of its substitute, lithium ion battery owing to high energy density and low self-discharge cycle is another important factor expected to restrain the demand of lithium polymer battery across various regions.

On the basis of power capacity, low power lithium polymer battery held the largest market share in 2015 owing to its extensive application in portable consumer electronic devices such as smart phones, tablets and smart watches among others. On the other hand, by application, consumer electronic devices held the largest market share of the global lithium polymer battery market in 2015. Increasing demand of sleek consumer electronic devices having relatively long battery life is the primary factor responsible for the accelerating demand for lithium polymer battery. However, demand for lithium polymer battery from the automotive segment is anticipated to experience the fastest growth during the forecast period. Increasing consciousness among the consumers and automotive manufacturers regarding clean fuel coupled with declining availability of natural resources and frequently fluctuating fuel prices is the key factor predicted to drive the demand of lithium polymer battery in the coming years.

Geographically, lithium polymer battery market is majorly driven by the Asia Pacific region with highest predictive growth rate. Rapid expansion of manufacturing facility in this region owing to huge capital investment by the leading lithium polymer battery manufacturer’s results a fall in the average selling price of LiPo batteries. This reduction in price in line up with increasing demand of power efficient consumer electronic devices and electric vehicles (EVs) in this region is the primary factor anticipated to trigger the demand of lithium polymer battery in the coming years.

Some of the leading players operating in the lithium polymer battery market are, Panasonic (Japan), Celgard LLC (U.S.A), DuPont (U.S.A) and LG Chem (South Korea) among others. 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Lithium Polymer Battery Market

Pre Book