Lithium Ion Battery Market Scope and Key Players Analysis by 2031
Lithium Ion Battery Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 59.20 Billion |
Market Size by 2031 | US$ 184.21 Billion |
Global CAGR (2023 - 2031) | 15.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Lithium Ion Battery Market News and Recent Developments
The lithium ion battery market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In January 2023, Toshiba Corporation (TOKYO: 6502), a company dedicated to advancing carbon neutrality through its technologies, products, and services, today expanded its SCiB product offering with the launch of an innovative 20Ah-HP rechargeable lithium-ion battery cell that delivers high-energy and high power at the same time.
(Source: Toshiba Corporation, Company Website, 2023)
- In June 2023, EnerSys(R) (NYSE: ENS) enhanced its lithium-based capabilities with the launch of an EnerSys Advanced Systems (EAS) unit in Budapest, Hungary, in addition to an existing EAS unit located in Horsham, Pa., near Philadelphia. These enhancements are in response to the growing demand for lithium-ion batteries. The new EAS unit in Budapest, led by Dr. Laszlo Nagy, provides customers with additional resources for the design and assembly of advanced lithium-ion batteries. It also employs a team of engineers for customer assistance in lithium-based applications.
(Source: EnerSys(R), Company Website, 2023)
Lithium Ion Battery Market Report Coverage and Deliverables
The "Lithium Ion Battery Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles