Published: May, 2018

The global lithium ion cell and battery pack market features a fairly fragmented competitive landscape, with the leading few companies accounting collectively for a significant share in the overall market. With rising demand from a number of new application areas such as hybrid and purely electric cars, a number of new players have forayed into the market in the past few years, making it further dynamic and competitive. To survive amid the rising competition, companies are envisioned to focus more on mergers and acquisitions to expand their product portfolios and geographical outreach.

Some of the leading companies operating in the market are Toshiba Corporation, GS Yuasa Corporation, Samsung SDI, BYD Co. Ltd., and Panasonic Corporation.

According to the report, the global lithium ion cell and battery pack market is expected to register an impressive CAGR of 12% from 2017 to 2025, rising to a revenue opportunity of US$88.92 bn by 2025.

lithium ion cell battery pack market

Asia Pacific Takes up Lion’s Share in Overall Market

In terms of power density, the segment of 100-250 KWh batteries and battery packs are presently the most in-demand variety. Their usage in applications such as high stacking electric vehicles is the key factor raking them high demand globally; thanks to the rising consumption of electric vehicles, the trend is expected to remain strong over the forecast period as well. The segment of lithium ion cells and battery packs with more than 300 KWh power density is also expected to expand at a promising pace owing to their rising set of applications in the field of energy production.

Geographically, the market in Asia Pacific accounted for over 72% of the overall market in 2016. Owing to the rising numbers of smart cars, consumer electronics devices, and grid energy, the demand for lithium-ion batteries has significantly increased in the region in the recent times.

Increased Usage in Consumer Electronics to Continue Bringing In Good Growth Prospects for Market

The market is expected to massively benefit from the rising global demand for electronic devices featuring longer lifespan, which directly positions lithium ion cells better than technologies such as lead acid. Moreover, lithium ion cells and battery packs also feature superior performance over other battery technologies, especially when space is a big concern, thus gaining increased demand from the manufacturers of consumer electronics such as smartphones and tablets.

The market is also expected to be driven due to the rising usage of lithium ion batteries in applications such as RFID and barcode scanners owing to their high energy density. Moreover, these batteries are finding increased usage across industrial, energy, and automotive sectors owing to the rising demand for cleaner power sources. However, the market suffers from the issue of the high cost of these batteries, making them unreasonable for certain consumers, operations, or for prolonged usage.

This analysis  of the global lithium ion cell and battery pack market is based on a recent market research report by Transparency Market Research, titled “Lithium Ion Cell and Battery Pack Market (Power Capacity - 5-25 Wh, 48-95 Wh, 18-28 KWh, 100-250 KWh, and More than 300 KWh; Pack Type - Series Battery Pack and Parallel Battery Pack; Battery Shape - Cylindrical, Prismatic, Polygon, and Coin; Application - Consumer Electronics(Laptop, Digital Camera, Smartphone, and Automatic Identification and Data Capture (Barcode Scanner, Handheld Scanner, RFID Scanner, and Mobile Computers)), Automotive, Medical, Grid Energy, and Industrial) - Global Industry Analysis Size Share Growth Trends and Forecast 2017–2025.”

For the study, the market has been segmented as follows:

Global Lithium Ion Cell and Battery Pack Market by Power Capacity

  • 5–25 Wh
  • 48-95 Wh
  • 18-28 KWh
  • 100-250 KWh
  • More than 300 KWh

Global Lithium Ion Cell and Battery Pack Market by Pack Type

  • Series Battery Pack
  • Parallel Battery Pack

Global Lithium Ion Cell and Battery Pack Market by Shape

  • Cylindrical
  • Prismatic
  • Polygon
  • Coin
  • Others

Global Lithium Ion Cell and Battery Pack Market by Application

  • Consumer Electronics
    • Laptop
    • Digital Camera
    • Smartphone
    • Automatic Identification & Data Capture
      • Barcode Scanner
      • Handheld Scanner
      • RFID Scanner
      • Mobile Computers
      • Other AIDC Devices
    • Other Consumer Electronic Devices
  • Automotive
  • Medical
  • Grid Energy and Industrial
  • Others

Global Lithium Ion Cell and Battery Pack Market by Region

  • North America
    • The U.S.
    • Rest of North America
  • Europe
    • The U.K.
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • United Arab Emirates
    • South Africa
    • Rest of Middle-East & Africa
  • Latin America
    • Brazil
    • Rest of Latin America

About Us:

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.


Transparency Market Research

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453