Pune, Maharashtra -- (SBWIRE) -- 01/20/2020 -- Lithium Ion Batteries Market 2020

Description: -

Worldwide markets are poised to achieve continuing growth as the advantages brought by using new materials are used to decrease the cost of producing lithium ion batteries. The customization achieved by reducing the quantity of cobalt proportionally inside the cathode is a significant market growth driver. A rapid response to global warming is the primary growth driver.

Lithium-ion Batteries at $100/kWh Make EVs Cheaper Than Traditional Gas-Powered Vehicles. As the new cathode technologies are applied to lithium ion batteries, the cost of lithium ion batteries will continue to decrease. Lithium-ion batteries aim to cost $100/kWh, – a cost that makes EVs cheaper than traditional gas-powered vehicles. Companies are targeting between $80/kWh and $100/kWh. Realistically companies will likely approach $100/kWh.

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Major Key Players

Envision AESC
Amperex Technology Co. Limited
BAK Battery
BYD
FDK Corporation and Fujitsu Laboratories
Fujitsu Solid-State Batteries
Future Hi-Tech Batteries Limited
GS Yuasa International Ltd
Guoxuan
Hitachi

A global market is a large sector with several regions competing against each other for a huge chunk of the market share. In a market that has been existing for several years and having several prominent players, new entrants entering the market must first understand whether they can survive there. An extensive study was conducted to understand the global Lithium Ion Batteries market and where each key player stands. Several factors were taken into consideration before the study. The key players, investment, and their revenue share over the years were also considered for the study. More focus was given to product positioning, product sales, product revenue and product category to effectively understand the Lithium Ion Batteries market.

The effectiveness of the marketing strategies adopted by key players were also considered for the study. The marketing strategies were considered to understand whether the changing market, fluctuation in demand and supply, introduction of technology and other factors had any effect on the marketing strategies. The study revealed that the global Lithium Ion Batteries market has seen a lot of fluctuations between 2020 and 2026 owing to several factors. The forecast for the Lithium Ion Batteries market shows a steady growth for the years to come.

Market Segmentation

The global Lithium Ion Batteries market was segmented into key players in the market, product type, materials used, end users, product application, and geography for the purpose of the study. The key players were further segmented into global, regional and country-level players, their revenue, and market share. It was important to segment the Lithium Ion Batteries market based on their market share to understand the fluctuations that are affecting individual companies. It was found that there were several external factors that influenced a company's market share globally, and regionally.

Regional Analysis

On the basis of region, the global Lithium Ion Batteries market was segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The Americas was once the market leader with a major share of the market. Owing to high demand for the products and services of Lithium Ion Batteries market, the global Lithium Ion Batteries market is presently dominated by UK, and France in Europe. Europe had the largest part of the market share followed by China, India, Japan and the rest of Asia Pacific. The study showed that the drastic change in the increased market share of Europe and Asia Pacific is due to the increased investment in technology and infrastructure.

Drivers and Risks

The increased cost of materials, lack of standardization, limitation of product size, limited process control, and government policies may hinder the growth of global Lithium Ion Batteries market in the years to come. Thought competitive market offers a lot of scope for growth, increased cost of production is a factor that is driving away new entrants and investment. But as several key players are willing to invest in technology, the chances of loss are reduced drastically.

Research Methodology

For the purpose of the study, we used the BCG matrix to understand the market growth-share. The BC matrix helped to understand the growth opportunities for Lithium Ion Batteries Market for the years to come. It also helped formulate strategic planning for the forecast period and showed where investment must be made. The study revealed that even with increase in production cost, there is a potential for growth in the market share even for new entrants who embrace technology.

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Table of Contents – Major Key Points

1. Lithium Ion Battery: Market Description And Market Dynamics 9

2. Lithium Ion Battery Market Shares And Forecasts 18

3. Lithium Ion Battery Research And Technology 65

4. Lithium Ion Battery Company Profiles 68

Continued….

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