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Global Lithium-ion (Li-ion) Batteries Market, Forecast to 2025
Cumulative Sales of Li-ion Batteries Globally will Exceed $629.22 Billion by 2025
18-Oct-2019
North America
Market Research
$4,950.00
Special Price $3,712.50 save 25 %
The global Lithium-ion battery market by application (grid + energy storage, automotive, industrial, and consumer electronics) and by region (North America, Europe, APAC, and Rest-of-the-world) is expected to grow at a compound annual growth rate (CAGR) of 17.9% during 2018–2025. Market growth is fuelled by rising demand for energy storage across the globe, growing electric vehicles (EV) adoption, and the demand for industrial power tools and electric forklifts in developed regions. However, safety concerns surrounding Li-ion batteries will challenge the growth of the market in the short term. Technological advancements are directed towards addressing this challenge, which includes alternate chemistries and solid-state batteries research.
APAC is the largest market, globally. Rising EV adoption in China, the global market leader for EV, is expected to drive the demand for Li-ion batteries throughout the forecast period. Demand from storage applications in key countries, including South Korea, Japan, India, and Australia, is likely to fuel the growth of the batteries market during the forecast period.
In 2018, the automotive segment accounted for 38.3% of the total market, driven by the growing demand for EV, including passenger vehicles, trucks, and buses, globally. China, Norway, the United States, the United Kingdom, Germany, France, and the Netherlands are the key countries driving demand for EV batteries. Many production facilities are expected to be commissioned in Europe during the forecast period to address the growing demand for EV batteries in the region.
Asian participants will dominate the market. LG Chemical, Panasonic, Samsung, and CATL are the top 4 battery manufacturers. Their aggressive target for production capacity expansion will assist in retaining their market-leading positions throughout the forecast period. Installed production capacity of the top 10 suppliers will increase from 150 GWh in 2018 to about 740 GWh by 2025, growing at a CAGR of 25.6%.
Solid-state batteries will see an increase in adoption beyond 2025. Solid-state battery start-ups have emerged as a result of a lot of investments from various automotive giants going into these companies. Such growth is attributed to their enhanced safety features, higher voltage and output than existing batteries, and the ability to operate at both low and high temperature conditions.
Key Issues Addressed
- Is the market growing? How long will it continue to grow, and at what rate?
- Are the existing competitors structured well to meet customer needs?
- Which are the major growth regions for Li-ion batteries globally?
- What are the growth opportunities in the global market for Li-ion battery manufacturers?
- Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?
Author: Rajalingam Arikaarampalayam Chinnasamy
Key Findings
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Scope
Market Definitions
Key Questions this Study will Answer
Li-ion Battery Chemistry Overview
Beyond 2025—Solid-state Batteries
Li-ion Battery Production Overview
Global Battery Manufacturing Capacity
Market Segmentation by End Users
Market Distribution Channels
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast Discussion
Price Forecast
Price Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Global Hotspots
Revenue Forecast Discussion by Region
Revenue Forecast by End Users
Revenue Forecast Discussion by End Users
Market Share
Market Share Analysis
Competitive Environment
Growth Opportunity 1—Solid-state Batteries
Growth Opportunity 2—New Manufacturing Destinations
Growth Opportunity 3—Partnerships
Strategic Imperatives for Success and Growth
Key Findings
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast Discussion (continued)
Storage Application
Key Findings
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast Discussion (continued)
Revenue Forecast Discussion (continued)
Key Findings
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast Discussion (continued)
Key Findings
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast by End Users
Revenue Forecast Discussion by End Users
Competitive Environment
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast Discussion (continued)
Revenue Forecast by End Users
Revenue Forecast Discussion by End Users
Competitive Environment
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast by End Users
Revenue Forecast Discussion by End Users
Revenue Forecast Discussion by End Users (continued)
Competitive Environment
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast by End Users
Revenue Forecast Discussion by End Users
Revenue Forecast Discussion by End Users (continued)
Competitive Environment
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
List of Companies in ‘Others’
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
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Key Issues Addressed
- Is the market growing? How long will it continue to grow, and at what rate?
- Are the existing competitors structured well to meet customer needs?
- Which are the major growth regions for Li-ion batteries globally?
- What are the growth opportunities in the global market for Li-ion battery manufacturers?
- Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?
Author: Rajalingam Arikaarampalayam Chinnasamy
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Rajalingam Chinnasamy |
| Industries | Energy |
| WIP Number | PAAC-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9AFE-A4,9AFF-A4,9B00-A4,9852 |
