MarkNtel Advisors, a leading market research company, has recently released its latest Global Lithium-Ion Battery Market Report By Type (Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Iron Phosphate, Lithium Titanate Oxide, Lithium Sulfur, Others), By End Users (Automotive, Consumer Electronics, Industrial, Power Grid Stations) and others forecast [2024-30]. This comprehensive examination analyzes the Lithium-Ion Battery market size, share, growth, and revenue of the market by 2030. Our research provides valuable insights for individuals making data-driven decisions, including business owners and analysts. Whether your objective is to explore new markets, launch a new product, or maintain a competitive edge, our research report on the market offers well-researched facts and figures related to market size, share, growth, and revenue in the industry.
The Global Lithium-ion Battery Market size is projected to grow at a CAGR of around 25.0% during the forecast period, i.e., 2024-30.
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Frequent Adoption of Li-ion Batteries in Hybrid and Plug-in Vehicles – Most of the market expansion can be attributed to the growing adoption of electric or hybrid vehicles worldwide. The major companies are investing in the production of mobility solutions that are not just sustainable but also ultra-modern in their techniques. This factor has led to a swift increase in the number of electric vehicles, with the common goal of becoming carbon neutral. With companies like Tesla and BYD coming up with high-powered electric vehicles, the market is set to receive a major push in the coming years. Hence, being the essential power source for electric and plug-in vehicles, lithium-ion batteries have gained traction in recent years, which, in turn, has accelerated industry growth.
The report looks closely at big companies in the market, studying how they plan to be in the market over the coming years. The information we gathered can even help new companies in the long run. With useful facts and advice, our report gives a clear picture of the market, helping investors and others make strong decisions in the Lithium-Ion Battery market. The report points out important companies, including:
> Samsung SDI
> LG Chem Ltd.
> Hitachi Chemical Co., Ltd.
> Johnson Controls International PLC
> Panasonic Corporation
> Tesla Inc.
> BYD Company
> A124 Systems, LLC
> GS Yuasa Corporation Ltd.
> Saft
> Yinlong Energy China Ltd.
> Toshiba Corporation
> EnerDel, Inc.
> VARTA AG
> Others
accompanied by their respective net worth and valuation in USD.
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The segmented of Global Lithium-Ion Battery Market is as follows:
By Type
> Lithium Cobalt Oxide
> Lithium Manganese Oxide
> Lithium Iron Phosphate
> Lithium Titanate Oxide
> Lithium Sulfur
> Others (Lithium Nickel Cobalt, etc.)
By End Users
> Automotive
> Consumer Electronics
> Industrial
> Power Grid Stations
> Others (Military & Defense, Marine, Data Centres, etc.)
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.