CAGR for Lithium-Ion (Li-ion) Battery Market Assessed at 10.9% through 2025 by Goldstein Research
According to Goldstein Research, global lithium-ion battery market is expected to reach USD 41.3 billion by 2024, growing at a CAGR of 10.9% over the forecast period 2016-2024. The increasing demand for electric vehicles across the globe is primarily driving the lithium-ion battery market. Further based on market segmentation by end users, consumer electronics industry acquire the major market share of 48.0% in 2016. Whereas based on geography, global lithium ion battery market is dominated by Asia Pacific, with a market share of 48.0% due to the high increasing adoption of electric vehicles & high sales of consumer electronics in the region. China is witnessed to be the largest market in the APAC region owing to the highest adoption of electric vehicles in the world.
For research on Li-ion battery market, visit: https://www.goldsteinresearch.com/report/global-lithium-ion-battery-market-forecast-2024
On the basis of our in-depth analysis, Global Lithium-Ion Battery Market can be segmented as follows:
By Power Rating
- 5–25 Wh
- 48–95 Wh
- 18–28 KWh
- 100–250 KWh
- More than 300 KWh
By End Users
- Consumer Electronics
- Grid Energy & Industrial
- Other ( Defense and Aerospace)
- North America Lithium Ion Battery Market Analysis, 2016-2024
- Europe Lithium Ion Battery Market Analysis, 2016-2024
- Middle East And Africa Lithium Ion Battery Market Analysis, 2016-2024
- Latin America Lithium Ion Battery Market Analysis, 2016-2024
- Asia Pacific Lithium Ion Battery Market Analysis, 2016-2024
- Rest Of The World Lithium Ion Battery Market Analysis, 2016-2024
“Global Lithium Ion Battery Market Outlook 2024” by Goldstein Research contains a detailed overview of the global lithium-ion battery market. This Market Report highlights competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global lithium-ion battery market discussed in the report are: Panasonic Corporation, Hitachi Chemical Co. Ltd., BAK Group, Johnson Controls, Inc., Samsung SDI Co. Ltd., LG Chem Power Inc., Toshiba Corporation., A123 Systems LLC., SaftGroupe SA, GS Yuasa Corporation, Automotive Energy Supply Corporation (AESC), BYD Company Ltd., Valence Technology Inc.,etc.
Further, the report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Lithium Ion Battery Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, USP Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
Get market report sample @ https://www.goldsteinresearch.com/request-sample/global-lithium-ion-battery-market-forecast-2024About Goldstein Research Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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