Global Lithium-ion Electric Vehicle Battery Market (Value, Volume) – Analysis By Chemistry Type, Vehicle Type, By Region, By Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025)
Executive Summary The Global Lithium-ion EV Battery Market, valued at USD 13.5 billion in the year 2019 has been witnessing unprecedented growth in the last few years on the back of Need of Sustainable and Green Growth, growing Government initiatives, rising demand of Electric Vehicle and Benefits of Lithium-ion Battery in Electric Vehicle. These are the major reasons behind the increasing growth of Lithium-ion Electric Vehicle Battery market globally. Additionally, technological advancements in the electric vehicles will drive the Lithium-ion EV Battery market value in the near future.
Among the Lithium-ion Battery Chemistry Type of the Lithium-ion EV Battery market (Lithium-ion Manganese Oxide (LMO), Lithium-ion Nickel Manganese Cobalt Oxide (NMC), Lithium-ion Iron Phosphate (LFP) and Others), NMC has been gaining popularity globally and is expected to keep growing in the forecast period. The demand of Lithium-ion EV Battery due to technology innovations in LIB will keep increasing in future. Among the Vehicle Type of the Lithium-ion EV Battery market (BEV, PHEV and HEV), HEV has been gaining popularity globally and is expected to keep growing in the forecast period. The demand of HEV in Lithium-ion EV Battery is due to its dependence both on fuel and battery which will keep increasing in future but the BEV market will grow faster in future. The APAC market is expected to lead the global market throughout the forecast period. The increasing demand of Lithium-ion EV Battery to growing demand of Lithium-ion battery over other battery chemistries available in market and increasing demand of Electric Vehicle due to its eco-friendly benefits is expected to infuse market growth tremendously.
Scope of the Report • The report analyses the Lithium-ion EV Battery market by Value (USD Million) and Volume (GWh Capacity). • The report analyses the Lithium-ion EV Battery Market by LIB Chemistry Type (Lithium-ion Manganese Oxide (LMO), Lithium-ion Nickel Manganese Cobalt Oxide (NMC), Lithium-ion Iron Phosphate (LFP) and Others). • The report analyses the Lithium-ion EV Battery Market by Vehicle Type (BEV, PHEV and HEV). • The Global Lithium-ion EV Battery Market has been analysed By Region (Americas, Europe, Asia Pacific, and Rest of World) and By Country (United States, Mexico, Brazil, Canada, Germany, France, United Kingdom, China, Japan, and South Korea). • The attractiveness of the market has been presented by region, by LIB Chemistry, by vehicle type. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report. • The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Panasonic, Toshiba, Samsung SDI, LG Chem, BYD, GS Yuasa, CBAK Power Battery, CATL, A123 and Automotive Energy Supply Corp. (AESC). • The report analyses the impact of Covid-19 on Lithium-ion EV Battery market. • The report presents the analysis of Lithium-ion EV Battery market for the historical period of 2015-2019 and the forecast period of 2020-2025.
Key Target Audience
• Lithium-ion EV Battery Vendors • Consulting and Advisory Firms • Government and Policy Makers • Investment Banks and Equity Firms • Regulatory Authorities
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