Lithium-Ion Battery Packs Market
Lithium-Ion Battery Packs Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Type Lithium Cobalt Oxide Battery Pack, Lithium Magnesium Oxide Battery Pack, Lithium Iron Phosphate Battery Pack, Lithium Nickle Manganese Cobalt Oxide Battery Pack, Lithium Nickle Cobalt Aluminium Oxide Battery Pack, Lithium Titanate Battery Pack
- By Cell Type Cylindrical Li-Ion Battery Pack, Prismatic Li-Ion Battery Pack, Pouch Li-Ion Battery Pack
- By Nominal Voltage Less than 12V Li-Ion Battery Pack, 12V Li-Ion Battery Pack, 24V Li-Ion Battery Pack, More than 24V Li-Ion Battery Pack
- By Battery Capacity >20 kWh Li-Ion Battery Pack, 30-60 kWh Li-Ion Battery Pack, 60-80 kWh Li-Ion Battery Pack, More than 80 kWh Li-Ion Battery Pack
- By End Use Automotive Li-Ion Battery Pack, Consumer Electronics Li-Ion Battery Pack, Medical Devices Li-Ion Battery Pack, Industrial & Grid Energy Li-Ion Battery Pack
- By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 58.48 Billon |
Revenue 2030: | USD 71.80 Billon |
Revenue CAGR (2023 - 2030): | 2.60% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Lithium-Ion Battery Packs Market by Product Type by Cell Type by Nominal Voltage by Battery Capacity by End Use by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Lithium-Ion Battery Packs supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Lithium-Ion Battery Packs market size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Lithium-Ion Battery Packs supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Lithium-Ion Battery Packs market.
FAQ
Frequently Asked Question
What is the global demand for Lithium-Ion Battery Packs in terms of revenue?
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The global Lithium-Ion Battery Packs valued at USD 58.48 Billon in 2022 and is expected to reach USD 71.80 Billon in 2030 growing at a CAGR of 2.60%.
Which are the prominent players in the market?
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The prominent players in the market are LG Chem Ltd., BYD Co. Ltd., Panasonic Corporation, Contemporary Amperex Technology Co. Ltd., Samsung SDI Co., EnerSys, Hefei Guoxuan High-Tech Power Energy Co. Ltd., Automotive Energy Supply Corporation, Tianjin Lishen Battery Joint-Stock Co. Ltd., CBAK Energy Technology Inc., Lithium Energy Japan Corporation..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 2.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Lithium-Ion Battery Packs include
- Increasing demand for electric vehicles
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Lithium-Ion Battery Packs in 2022.