Authored By: Sarah
23 Sep 2021

Lithium-ion Battery Market: Key Geographies that will Drive Growth

Geographical Segmentation and Growth Analysis

The lithium-ion battery market is set to post an incremental growth of $ 58.05 bn, accelerating at a CAGR of over 32.65% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.


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Lithium-ion Battery Market: APAC to lead market growth during the forecast period

  • APAC emerged as the leading geographical segment in recent years and is expected to contribute 48% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the lithium-ion battery market size.
  • One of the key drivers that is likely to drive market growth is the augmented demand from consumer electronics market due to enhanced consumer spending. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
  • Market is segmented by Application (Automotive, Consumer electronics, Utilities, and Others) and Geography (APAC, Europe, North America, South America, and MEA).

Lithium-ion Battery Market to Post Incremental Growth of $ 58.05 bn During 2021-2025 | Key Geographies that will Drive Growth

Lithium-ion Battery Market: Key Competitors

Some of the leading vendors in this market are A123 Systems LLC, Amperex Technology Ltd., BYD Co. Ltd., Dalian CBAK Power Battery Co. Ltd., Envision Energy USA Ltd., Hitachi Ltd., LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., and Toshiba Corp.. The market is fragmented and the growth of the players in this market is dependent on several factors such as prevalent market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 32.65%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 58.05 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Augmented demand from consumer electronics market due to enhanced consumer spending will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    48% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are A123 Systems LLC, Amperex Technology Ltd., BYD Co. Ltd., Dalian CBAK Power Battery Co. Ltd., Envision Energy USA Ltd., Hitachi Ltd., LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., and Toshiba Corp.
     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Automotive, Consumer electronics, Utilities, and Others) and Geography (APAC, Europe, North America, South America, and MEA).

Market Segmentation by Application

    • Lithium-ion Battery Market Split by Application
      • Automotive
      • Consumer electronics
      • Utilities
      • Others
    • Lithium-ion Battery Market Split by Geography
      • APAC
      • Europe
      • North America
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • A123 Systems LLC
  • Amperex Technology Ltd.
  • BYD Co. Ltd.
  • Dalian CBAK Power Battery Co. Ltd.
  • Envision Energy USA Ltd.
  • Hitachi Ltd.
  • LG Chem Ltd.
  • Panasonic Corp.
  • Samsung SDI Co. Ltd.
  • Toshiba Corp.

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