The global Automotive Lithium-Ion Battery market was valued at 2382.17 Million USD in 2021 and will grow with a CAGR of 9.48% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Lithium ion (Li-ion) batteries are commonly used type of rechargeable batteries with twice the energy density of Nickel-Cadmium batteries and greater stability and safety. Lithium (Li) is the lightest of all metals, has the greatest electrochemical potential, and provides the largest energy density for weight.North America is the largest automotive Li-ion battery market, which is then followed by Europe and Asia Pacific. Asia Pacific, at present, leads the global market for lithium-ion batteries, accounting for maximum market share of overall market in 2016. This region is also estimated to expand at a significant pace in terms of demand and sales during the course of the forecast period. By value, the Asia Pacific`s lithium-ion battery market will register a significant CAGR from 2017 to 2025. The high growth rate is attributed to the emergence of China as a global hub for automobile industry and increasing demands of vehicles from some of the other Asian countries such as India, Indonesia, Malaysia, Thailand, and Philippines.

By Market Verdors:

LG Chem

BYD

Panasonic

AESC

CATL

Guoxuan High-Tech

Samsung SDI

Lishen

CBAK

CALB

LEJ

Wanxiang

Automotive Energy Supply

By Types:

Lithium Manganate

Lithium Iron Phosphate

By Applications:

Passenger Car

Commercial Vehicle

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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