According to a research survey conducted by ChemView Consulting, in 2022, the Global Li-Ion Pouch Batteries Market was worth US$ 44,500.0 Mn and is expected to grow at a CAGR of 13.1% over the forecast period. The market is expected to hit US$ 1,52,400.0 Mn by 2032 end.
Electric car use is increasing, the automotive industry is predicted to develop significantly. Over the projected period, it is expected that there will be a considerable rise in the number of electric vehicle registrations globally.
The lithium-ion batteries market is expanding due to the increased use of these batteries in plug-in automobiles in the field of renewable energy. In addition, improvements in lithium-ion batteries have raised the emphasis on R & D. Rising acceptance of lithium-ion batteries in various new applications due to price declines is also anticipated to fuel market expansion shortly.
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Segments Covered in Report
- Lithium Cobalt Oxide
- Lithium Manganese Oxide
- Lithium Nickel Manganese Cobalt Oxide
- Lithium Iron Phosphate
- Lithium Titanate
- 1 – 3Ah
- 5 – 10Ah
- 10 – 15Ah
- 16 – 30Ah
- 40 – 50Ah
- 50 – 100Ah
By Rated Voltage:
- 60 – 72V
- Electric Vehicles
- Cell Phones
- Battery Powered Off-Road Vehicles
- Energy Storage Systems
- Portable Electronic Devices
- Utility Meters
- Medical Measurements
- Portable Devices
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
- Based on chemistry, due to its excellent safety record, lithium iron phosphate (LiFePO4) currently accounts for more than 1/3 of the market. LiFePO4 batteries are more thermally stable than li-ion batteries created with other cathode materials and have exceptionally tough chemical properties, making them safer than those made with other cathode materials.
- Based on end-user, the most profitable end use is cell phones, which will account for approximately 23.0% of the demand for lithium-ion pouch batteries in 2020. The mobile phone industry and other accessories/end-use applications, such as portable electronic gadgets, drive the demand for these batteries.
- Based on region, the most attractive market for lithium-ion pouch battery producers is the Asia Pacific. With a market revenue share of more than 40.0% in 2021, the Asia Pacific region held the top spot. China now dominates the Asia Pacific market and is anticipated to have much faster growth between 2022 and 2032. Most major companies with larger market shares are based in the Asia Pacific.
Key companies covered in the market study are Panasonic Industrial Corporation, Toshiba Corporation, Gee Power, FDK Corporation, SK Innovation Co. Ltd., Bestgo B Vertical Partners West LLC, EPEC LLC, Enertech International Inc, A123 Systems LLC, FluxPower Battery Co. Ltd., SOLAR EDGE e-MOBILITY SpA, CUSTOM CELLS ITZEHOE GMBH, and Freudenberg Group.
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have been collaborating with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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