Lithium-ion Phosphate Battery Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
MARKET INTRODUCTION Naveen Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Lithium-ion can consist of two different chemistries for the cathode, lithium manganese oxide or lithium cobalt dioxide, as both have a graphite anode. It has a specific energy of 150/200 watt-hours per kilogram and a nominal voltage of 3.6V. Lithium iron phosphate batteries are sought after for any electronics or machines where safety and longevity are desired but don't need an extremely high energy density. Electric motors for vehicles, medical devices, and military applications where the technology will experience higher environmental temperatures. Lithium iron phosphate batteries are also ideal for applications that are more stationary as the battery is slightly heavier as well as bulkier than lithium-ion, although it can be used in some portable technologies.
MARKET DYNAMICS
Increasing adoption of consumer electronics and growing R&D initiatives by different organizations & battery manufacturers are driving the growth of the lithium-ion phosphate battery market. However, the lack of Investments may restrain the growth of the lithium-ion phosphate battery market. Furthermore, a rise in demand for plug-in vehicles, a rising need for automation, and battery-operated material-handling equipment in industries is anticipated to create a market opportunity for the lithium-ion phosphate battery market during the forecast period.
MARKET SCOPE
The "Global Lithium-ion Phosphate Battery Market Analysis To 2031" is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The lithium-ion phosphate battery market report aims to provide an overview of the lithium-ion phosphate battery market with detailed market segmentation by power capacity, application, industry vertical, and geography. The global lithium-ion phosphate battery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lithium-ion phosphate battery market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global lithium-ion phosphate battery market is segmented on the basis of power capacity, application, and industry vertical. Based on power capacity, the lithium-ion phosphate battery market is segmented into 0 TO 3000 mAH, 3000 TO 10,000 mAH, 10,000 TO 60,000 mAH, and more than 60,000 mAH. On the basis of application, the lithium-ion phosphate battery market is segmented into portable and stationary. Based on industry vertical, the lithium-ion phosphate battery market is segmented into energy and power, marine, automotive, aerospace and defense, consumer electronics, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global lithium-ion phosphate battery market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The lithium-ion phosphate battery market by each region is later sub-segmented by respective countries and segments. The lithium-ion phosphate battery market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the lithium-ion phosphate battery market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the lithium-ion phosphate battery market in these regions.
IMPACT OF COVID-19 ON LITHIUM-ION PHOSPHATE BATTERY MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic had a negative impact on the lithium-ion phosphate battery market. The COVID-19 unfavorable global effects are already evident and had impacted the demand for lithium-ion phosphate batteries in 2021. The World Health Organization has declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease had resulted in massive deaths all across the world. Exports & imports, global manufacturing, and financial sectors have all been heavily damaged. The manufacturing production of lithium-ion phosphate batteries was halted due to the absence of raw materials. The downward pressure on the global economy, which had previously shown signs of improvement, has escalated once more. The outbreak of the COVID-19 pandemic had added danger factors to the international economy's already declined development. Many international groups have stated that the global economy is experiencing its most difficult moment since the financial crisis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global lithium-ion phosphate battery market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The lithium-ion phosphate battery market by each region is later sub-segmented by respective countries and segments. The lithium-ion phosphate battery market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the lithium-ion phosphate battery market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the lithium-ion phosphate battery market in these regions.
IMPACT OF COVID-19 ON LITHIUM-ION PHOSPHATE BATTERY MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic had a negative impact on the lithium-ion phosphate battery market. The COVID-19 unfavorable global effects are already evident and had impacted the demand for lithium-ion phosphate batteries in 2021. The World Health Organization has declared a public health emergency after the COVID-19 virus outbreak in December 2019. The disease had resulted in massive deaths all across the world. Exports & imports, global manufacturing, and financial sectors have all been heavily damaged. The manufacturing production of lithium-ion phosphate batteries was halted due to the absence of raw materials. The downward pressure on the global economy, which had previously shown signs of improvement, has escalated once more. The outbreak of the COVID-19 pandemic had added danger factors to the international economy's already declined development. Many international groups have stated that the global economy is experiencing its most difficult moment since the financial crisis.
MARKET PLAYERS
The reports cover key developments in the lithium-ion phosphate battery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from lithium-ion phosphate battery market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the lithium-ion phosphate battery market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the lithium-ion phosphate battery market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BAK Group
- BYD Co. Ltd.
- GS Yuasa Corporation
- Hitachi, Ltd.
- Johnson Controls
- LG Chem Ltd.
- Lithium Werks
- Panasonic Holdings Corporation
- Samsung SDI Co., Ltd.
- Toshiba Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Lithium-ion Phosphate Battery Market - By Power Capacity
1.3.2 Lithium-ion Phosphate Battery Market - By Application
1.3.3 Lithium-ion Phosphate Battery Market - By Industry Vertical
1.3.4 Lithium-ion Phosphate Battery Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LITHIUM-ION PHOSPHATE BATTERY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. LITHIUM-ION PHOSPHATE BATTERY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. LITHIUM-ION PHOSPHATE BATTERY MARKET - GLOBAL MARKET ANALYSIS
6.1. LITHIUM-ION PHOSPHATE BATTERY - GLOBAL MARKET OVERVIEW
6.2. LITHIUM-ION PHOSPHATE BATTERY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LITHIUM-ION PHOSPHATE BATTERY MARKET - REVENUE AND FORECASTS TO 2028 - POWER CAPACITY
7.1. OVERVIEW
7.2. POWER CAPACITY MARKET FORECASTS AND ANALYSIS
7.3. 0 TO 3000 MAH
7.3.1. Overview
7.3.2. 0 TO 3000 mAH Market Forecast and Analysis
7.4. 3000 TO 10,000 MAH
7.4.1. Overview
7.4.2. 3000 TO 10,000 mAH Market Forecast and Analysis
7.5. 10,000 TO 60,000 MAH
7.5.1. Overview
7.5.2. 10,000 TO 60,000 mAH Market Forecast and Analysis
7.6. MORE THAN 60,000 MAH
7.6.1. Overview
7.6.2. More Than 60,000 mAH Market Forecast and Analysis
8. LITHIUM-ION PHOSPHATE BATTERY MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PORTABLE
8.3.1. Overview
8.3.2. Portable Market Forecast and Analysis
8.4. STATIONARY
8.4.1. Overview
8.4.2. Stationary Market Forecast and Analysis
9. LITHIUM-ION PHOSPHATE BATTERY MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
9.1. OVERVIEW
9.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
9.3. ENERGY AND POWER
9.3.1. Overview
9.3.2. Energy and Power Market Forecast and Analysis
9.4. MARINE
9.4.1. Overview
9.4.2. Marine Market Forecast and Analysis
9.5. AUTOMOTIVE
9.5.1. Overview
9.5.2. Automotive Market Forecast and Analysis
9.6. AEROSPACE AND DEFENSE
9.6.1. Overview
9.6.2. Aerospace and Defense Market Forecast and Analysis
9.7. CONSUMER ELECTRONICS
9.7.1. Overview
9.7.2. Consumer Electronics Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis
10. LITHIUM-ION PHOSPHATE BATTERY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Lithium-ion Phosphate Battery Market Overview
10.1.2 North America Lithium-ion Phosphate Battery Market Forecasts and Analysis
10.1.3 North America Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Power Capacity
10.1.4 North America Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Application
10.1.5 North America Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Industry Vertical
10.1.6 North America Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Countries
10.1.6.1 United States Lithium-ion Phosphate Battery Market
10.1.6.1.1 United States Lithium-ion Phosphate Battery Market by Power Capacity
10.1.6.1.2 United States Lithium-ion Phosphate Battery Market by Application
10.1.6.1.3 United States Lithium-ion Phosphate Battery Market by Industry Vertical
10.1.6.2 Canada Lithium-ion Phosphate Battery Market
10.1.6.2.1 Canada Lithium-ion Phosphate Battery Market by Power Capacity
10.1.6.2.2 Canada Lithium-ion Phosphate Battery Market by Application
10.1.6.2.3 Canada Lithium-ion Phosphate Battery Market by Industry Vertical
10.1.6.3 Mexico Lithium-ion Phosphate Battery Market
10.1.6.3.1 Mexico Lithium-ion Phosphate Battery Market by Power Capacity
10.1.6.3.2 Mexico Lithium-ion Phosphate Battery Market by Application
10.1.6.3.3 Mexico Lithium-ion Phosphate Battery Market by Industry Vertical
10.2. EUROPE
10.2.1 Europe Lithium-ion Phosphate Battery Market Overview
10.2.2 Europe Lithium-ion Phosphate Battery Market Forecasts and Analysis
10.2.3 Europe Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Power Capacity
10.2.4 Europe Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Application
10.2.5 Europe Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Industry Vertical
10.2.6 Europe Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Lithium-ion Phosphate Battery Market
10.2.6.1.1 Germany Lithium-ion Phosphate Battery Market by Power Capacity
10.2.6.1.2 Germany Lithium-ion Phosphate Battery Market by Application
10.2.6.1.3 Germany Lithium-ion Phosphate Battery Market by Industry Vertical
10.2.6.2 France Lithium-ion Phosphate Battery Market
10.2.6.2.1 France Lithium-ion Phosphate Battery Market by Power Capacity
10.2.6.2.2 France Lithium-ion Phosphate Battery Market by Application
10.2.6.2.3 France Lithium-ion Phosphate Battery Market by Industry Vertical
10.2.6.3 Italy Lithium-ion Phosphate Battery Market
10.2.6.3.1 Italy Lithium-ion Phosphate Battery Market by Power Capacity
10.2.6.3.2 Italy Lithium-ion Phosphate Battery Market by Application
10.2.6.3.3 Italy Lithium-ion Phosphate Battery Market by Industry Vertical
10.2.6.4 United Kingdom Lithium-ion Phosphate Battery Market
10.2.6.4.1 United Kingdom Lithium-ion Phosphate Battery Market by Power Capacity
10.2.6.4.2 United Kingdom Lithium-ion Phosphate Battery Market by Application
10.2.6.4.3 United Kingdom Lithium-ion Phosphate Battery Market by Industry Vertical
10.2.6.5 Russia Lithium-ion Phosphate Battery Market
10.2.6.5.1 Russia Lithium-ion Phosphate Battery Market by Power Capacity
10.2.6.5.2 Russia Lithium-ion Phosphate Battery Market by Application
10.2.6.5.3 Russia Lithium-ion Phosphate Battery Market by Industry Vertical
10.2.6.6 Rest of Europe Lithium-ion Phosphate Battery Market
10.2.6.6.1 Rest of Europe Lithium-ion Phosphate Battery Market by Power Capacity
10.2.6.6.2 Rest of Europe Lithium-ion Phosphate Battery Market by Application
10.2.6.6.3 Rest of Europe Lithium-ion Phosphate Battery Market by Industry Vertical
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Lithium-ion Phosphate Battery Market Overview
10.3.2 Asia-Pacific Lithium-ion Phosphate Battery Market Forecasts and Analysis
10.3.3 Asia-Pacific Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Power Capacity
10.3.4 Asia-Pacific Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Industry Vertical
10.3.6 Asia-Pacific Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Lithium-ion Phosphate Battery Market
10.3.6.1.1 Australia Lithium-ion Phosphate Battery Market by Power Capacity
10.3.6.1.2 Australia Lithium-ion Phosphate Battery Market by Application
10.3.6.1.3 Australia Lithium-ion Phosphate Battery Market by Industry Vertical
10.3.6.2 China Lithium-ion Phosphate Battery Market
10.3.6.2.1 China Lithium-ion Phosphate Battery Market by Power Capacity
10.3.6.2.2 China Lithium-ion Phosphate Battery Market by Application
10.3.6.2.3 China Lithium-ion Phosphate Battery Market by Industry Vertical
10.3.6.3 India Lithium-ion Phosphate Battery Market
10.3.6.3.1 India Lithium-ion Phosphate Battery Market by Power Capacity
10.3.6.3.2 India Lithium-ion Phosphate Battery Market by Application
10.3.6.3.3 India Lithium-ion Phosphate Battery Market by Industry Vertical
10.3.6.4 Japan Lithium-ion Phosphate Battery Market
10.3.6.4.1 Japan Lithium-ion Phosphate Battery Market by Power Capacity
10.3.6.4.2 Japan Lithium-ion Phosphate Battery Market by Application
10.3.6.4.3 Japan Lithium-ion Phosphate Battery Market by Industry Vertical
10.3.6.5 South Korea Lithium-ion Phosphate Battery Market
10.3.6.5.1 South Korea Lithium-ion Phosphate Battery Market by Power Capacity
10.3.6.5.2 South Korea Lithium-ion Phosphate Battery Market by Application
10.3.6.5.3 South Korea Lithium-ion Phosphate Battery Market by Industry Vertical
10.3.6.6 Rest of Asia-Pacific Lithium-ion Phosphate Battery Market
10.3.6.6.1 Rest of Asia-Pacific Lithium-ion Phosphate Battery Market by Power Capacity
10.3.6.6.2 Rest of Asia-Pacific Lithium-ion Phosphate Battery Market by Application
10.3.6.6.3 Rest of Asia-Pacific Lithium-ion Phosphate Battery Market by Industry Vertical
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Lithium-ion Phosphate Battery Market Overview
10.4.2 Middle East and Africa Lithium-ion Phosphate Battery Market Forecasts and Analysis
10.4.3 Middle East and Africa Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Power Capacity
10.4.4 Middle East and Africa Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Industry Vertical
10.4.6 Middle East and Africa Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Lithium-ion Phosphate Battery Market
10.4.6.1.1 South Africa Lithium-ion Phosphate Battery Market by Power Capacity
10.4.6.1.2 South Africa Lithium-ion Phosphate Battery Market by Application
10.4.6.1.3 South Africa Lithium-ion Phosphate Battery Market by Industry Vertical
10.4.6.2 Saudi Arabia Lithium-ion Phosphate Battery Market
10.4.6.2.1 Saudi Arabia Lithium-ion Phosphate Battery Market by Power Capacity
10.4.6.2.2 Saudi Arabia Lithium-ion Phosphate Battery Market by Application
10.4.6.2.3 Saudi Arabia Lithium-ion Phosphate Battery Market by Industry Vertical
10.4.6.3 U.A.E Lithium-ion Phosphate Battery Market
10.4.6.3.1 U.A.E Lithium-ion Phosphate Battery Market by Power Capacity
10.4.6.3.2 U.A.E Lithium-ion Phosphate Battery Market by Application
10.4.6.3.3 U.A.E Lithium-ion Phosphate Battery Market by Industry Vertical
10.4.6.4 Rest of Middle East and Africa Lithium-ion Phosphate Battery Market
10.4.6.4.1 Rest of Middle East and Africa Lithium-ion Phosphate Battery Market by Power Capacity
10.4.6.4.2 Rest of Middle East and Africa Lithium-ion Phosphate Battery Market by Application
10.4.6.4.3 Rest of Middle East and Africa Lithium-ion Phosphate Battery Market by Industry Vertical
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Lithium-ion Phosphate Battery Market Overview
10.5.2 South and Central America Lithium-ion Phosphate Battery Market Forecasts and Analysis
10.5.3 South and Central America Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Power Capacity
10.5.4 South and Central America Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Application
10.5.5 South and Central America Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Industry Vertical
10.5.6 South and Central America Lithium-ion Phosphate Battery Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Lithium-ion Phosphate Battery Market
10.5.6.1.1 Brazil Lithium-ion Phosphate Battery Market by Power Capacity
10.5.6.1.2 Brazil Lithium-ion Phosphate Battery Market by Application
10.5.6.1.3 Brazil Lithium-ion Phosphate Battery Market by Industry Vertical
10.5.6.2 Argentina Lithium-ion Phosphate Battery Market
10.5.6.2.1 Argentina Lithium-ion Phosphate Battery Market by Power Capacity
10.5.6.2.2 Argentina Lithium-ion Phosphate Battery Market by Application
10.5.6.2.3 Argentina Lithium-ion Phosphate Battery Market by Industry Vertical
10.5.6.3 Rest of South and Central America Lithium-ion Phosphate Battery Market
10.5.6.3.1 Rest of South and Central America Lithium-ion Phosphate Battery Market by Power Capacity
10.5.6.3.2 Rest of South and Central America Lithium-ion Phosphate Battery Market by Application
10.5.6.3.3 Rest of South and Central America Lithium-ion Phosphate Battery Market by Industry Vertical
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. LITHIUM-ION PHOSPHATE BATTERY MARKET, KEY COMPANY PROFILES
12.1. BAK GROUP
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BYD CO. LTD.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. GS YUASA CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HITACHI, LTD.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. JOHNSON CONTROLS
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. LG CHEM LTD.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. LITHIUM WERKS
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. PANASONIC HOLDINGS CORPORATION
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SAMSUNG SDI CO., LTD.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. TOSHIBA CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1.BAK Group
2.BYD Co. Ltd.
3.GS Yuasa Corporation
4.Hitachi, Ltd.
5.Johnson Controls
6.LG Chem Ltd.
7.Lithium Werks
8.Panasonic Holdings Corporation
9.Samsung SDI Co., Ltd.
10.Toshiba Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.