Precision Business Insights has published a report on the global lithium-ion battery market, estimating its value at USD 50.78 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 12.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-lithium-ion-battery-market
The Lithium-Ion Battery Market is the industry that manufactures, distributes, and uses lithium-ion batteries, which are rechargeable energy storage devices often utilized in consumer electronics, electric vehicles (EVs), and renewable energy storage systems. These batteries are recognized for their high energy density, extended cycle life, and efficiency, making them indispensable in current technology and sustainable energy solutions.
Drivers:
- Renewable Energy Storage Growth: Lithium-ion batteries are increasingly used in grid-scale energy storage systems to support solar and wind power.
- Technological Advancements: Innovations in battery chemistry, solid-state electrolytes, and energy density improvements are enhancing battery performance and lifespan.
The global lithium-ion battery market segmentation:
1) By Battery Chemistry: Lithium Cobalt Oxide (LCO), Lithium Iron Phosphate (LFP), Lithium Manganese Oxide (LMO), Lithium Nickel Cobalt Aluminum Oxide (NCA), Lithium Nickel Manganese Cobalt (Li-NMC), Lithium Titanate Oxide (Lto )
2) By Source: Electric Vehicles, Electronics, Power Tools, Others
3) By Recycling Process: Hydrometallurgical Process, Physical/Mechanical Process, Pyrometallurgy Process
4) By End-User: Automotive, Non-automotive (Industrial, Power, Marine, Others
Request sample report at https://www.precisionbusinessinsights.com/request-sample/?product_id=36105
Regional Overview:
The report also examines the current concerns and their Future Effects on the lithium-ion battery market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the lithium-ion battery market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Glencore PLC, Green Technology Solutions, Inc., Li-Cycle Technology, Recupyl Sas, Umicore SA, Metal Conversion Technologies LLC, Retriev Technologies Inc., Raw Materials Company, TES-AMM Pte Ltd, American Battery Technology Company.
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747
Comments
0 comment