Lithium Ion Battery Market by Material Type (Lithium Cobalt Oxide, Lithium Manganese Oxide), by Power Capacity (0 to 3000 mAh, 3000 to 10000 mAh), by Type (Pouch,Button) by End Use Industry (Consumer Electronics, Automotive) by Region (Asia-Pacific, North America, Europe) – Global Forecast From 2019 To 2024

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Lithium Ion Battery Market: Summary

The global lithium ion battery market is estimated to reach USD 76.80 Billion in 2024 at a CAGR of 15.4%. Increasing adoption of electric vehicles, and growing demand for consumer electronic and portable devices are expected to drive the lithium ion battery market during the forcasting period. Requirement of protection. Safety issues related to transporation and storage of batteries is expected to restrain the market during the forecast period. Increasing renewable energy sector is expected to become an opportunity for global market during the forecast period.

Lithium ion battery is a type of rechargeable battery contains high-energy density and large number of discharged cycles to provide suitable power for various consumer electronic devices and electric vehicles. When lithium ion battery is discharging, lithium ions moves from anode to cathode and when its charging, the ion particals moves in the opposite direction. Some advantages of lithium ion battery are self discharge, low maintainence, high energy density, and varity of type as per requirement. Some key players in the global market are Panasonic Corporation, LG Chemicals Ltd, Samsung SDI Co Ltd, Hitachi Chemicals Co Ltd, and Dalian CBAK Power Battery Co.,Ltd among others. Lithium Ion Battery Market

Lithium Ion Battery Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of material, the market is segmented into lithium cobalt oxide(LiCoO2), lithium manganese oxide (LiMn2O4), lithium nickel manganese cobalt oxide (LiNiMnCoO2), lithium iron phosphate(LiFePO4), lithium nickel cobalt aluminum oxide (LiNiCoAlO2), and lithium titanate (Li2TiO3). By power capacity, the global market is segmented into 0 to 3000 mAh, 3000 to 10000 mAh, 10000 to 60000 mAh, and more than 60000 mAh. On the basis of type, the market is segmented into cylindrical type, prismatic type, button type, and pouch type. By end use industry, the market is segmented into consumer electronics, automotive, industrial, and aerospace and defense.

Lithium Ion Battery Market: Report Scope

The report on the lithium-ion battery market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features


Historical/Estimated/Forecasted Market Size Years


Base Year for Market Calculation


Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million)

Segments Included

Material, power capacity, type, and end use industry

Regional Coverage

Asia-Pacific, North America, Europe, Middle East & Africa, South America

Companies Covered

  • Panasonic Corporation (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Dalian CBAK Power Battery Co., Ltd
  • LG Chemicals Ltd
  • Samsung SDI Co Ltd
  • BYD Company
  • Hitachi Chemicals Co Ltd
  • Toshiba Corporation
  • GS Yuasa International Ltd
  • Lithium Werks
  • Sony Corporation
  • Other Key Companies

Lithium Ion Battery Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Lithium Ion Battery Market by Material

  • Lithium Cobalt Oxide(LiCoO2)
  • Lithium Manganese Oxide (LiMn2O4)
  • Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2)
  • Lithium Iron Phosphate(LiFePO4)
  • Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2)
  • Lithium Titanate (Li2TiO3)

Lithium Ion Battery Market, by Power Capacity

  • 0 to 3000 mAh
  • 3000 to 10000 mAh
  • 10000 to 60000 mAh
  • More than 60000 mAh

Lithium Ion Battery Market, by Type

  • Cylindrical type
  • Prismatic type
  • Button type
  • Pouch type

Lithium Ion Battery Market, End-Use Industry

  • Consumer Electronics
    • Laptops
    • Smartphones
    • Uninterruptible Power Supply (UPS)
    • Portable Devices
    • Others
  • Automotive
    • Plug-In Electric Vehicles
    • Plug-In Hybrid Electric Vehicles
    • Battery Electric Vehicles (BEVs)
    • Fuel Cell Electric Vehicles (FCEVs)
  • Industrial
    • Mining
    • Smart Grid and Renewable Power Generation
    • Container Cranes
    • Others
  • Aerospace and Defense
    • Unmanned Aerial Vehicles (UAV)
    • Military Aviation
    • Commercial Aviation

Lithium Ion Battery Market by Region

  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Taiwan
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Norway
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key players operating in the global market?
  • How are the major players leveraging in the existing market conditions?

Report Audience

  • Lithium-ion battery Market Providers
  • Lithium-ion battery Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of lithium-ion battery Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms



1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations


2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation



4.1       Introduction

4.2       Drivers

                                 4.2.1.    Increasing adoption of electric vehicles

                                 4.2.2.    Growing demand for consumer electronic and portable devices

4.3       Restraints

                                 4.3.1.    Safety issues related to transportation and storage of batteries  

4.4       Opportunities

                                 4.4.1.    Increasing adoption of smart grid and renewable energy sector

4.5       Challenges

                                 4.5.1.    High cost of battery operated industrial vehicles


5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      GLOBAL LITHIUM-ION BATTERY MARKET BY MATERIAL, Market Size in USD Million (2017—2024)

6.1       Introduction

6.2       Lithium Cobalt Oxide(LiCoO2)

6.3       Lithium Manganese Oxide (LiMn2O4)

6.4       Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2)

6.5       Lithium Iron Phosphate(LiFePO4)

6.6       Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2)

6.7       Lithium Titanate (Li2TiO3)


7.1       Introduction

7.2       0 to 3000 mAh

7.3       3000 to 10000 mAh

7.4       10000 to 60000 mAh

7.5       More than 60000 mAh

8      GLOBAL LITHIUM-ION BATTERY MARKET BY TYPE, Market Size in USD Million (2017—2024)

8.1       Introduction

8.2       Cylindrical type

8.3       Prismatic Type

8.4       Button Type

8.5       Pouch Type


9.1       Introduction

9.2       Consumer Electronics

                                  9.2.1    Laptops

                                  9.2.2    Smartphones

                                  9.2.3    Uninterruptible Power Supply (UPS)

                                  9.2.4    Portable Devices

                                  9.2.5    Others

9.3       Automotive

                                  9.3.1    Plug-in electric vehicles

                                  9.3.2    Plug-in hybrid electric vehicles

                                  9.3.3    Battery Electric Vehicles (BEVs)

                                  9.3.4    Fuel Cell Electric Vehicles (FCEVs) 

9.4       Industrial

                                  9.4.1    Mining

                                  9.4.2    Smart Grid and Renewable Power Generation

                                  9.4.3    Container Cranes

                                  9.4.4    Others

9.5       Aerospace and Defense

                                  9.5.1    Unmanned Aerial Vehicles (UAV)

                                  9.5.2    Military Aviation

                                  9.5.3    Commercial Aviation

10   GLOBAL LITHIUM-ION BATTERY MARKET BY REGION, Market Size in USD Million (2017—2024)

10.1     North America

                                 8.1.1.    US

                                 8.1.2.    Canada

                                 8.1.3.    Mexico

10.2     Europe

                                 8.2.1.    Germany

                                 8.2.2.    France

                                 8.2.3.    Italy

                                 8.2.4.    Norway

                                 8.2.5.    UK

                                 8.2.6.    Spain

                                 8.2.7.    Rest of Europe

10.3     Asia-Pacific

                                 8.3.1.    China

                                 8.3.2.    Japan

                                 8.3.3.    India

                                 8.3.4.    South Korea

                                 8.3.5.    Taiwan

                                 8.3.6.    Rest of Asia-Pacific

10.4     Middle East

                                 8.4.1.    Saudi Arabia

                                 8.4.2.    UAE

                                 8.4.3.    Rest of Middle East

10.5     South America

                                 8.5.1.    Brazil

                                 8.5.2.    Argentina

                                 8.5.3.    Rest of South America


11.1     Introduction

11.2     Market Ranking/Share Analysis of Key Companies

11.3     Company Benchmarking


12.1     Panasonic Corporation

                                12.1.1    Company Overview

                                12.1.2    Financial Overview

                                12.1.3    Products/Solutions/Services Offered

                                12.1.4    Key Developments

                                12.1.5    SWOT Analysis

12.2     Dalian CBAK Power Battery Co., Ltd

12.3     LG Chemicals Ltd

12.4     Samsung SDI Co Ltd

12.5     BYD Company

12.6     Hitachi Chemicals Co Ltd

12.7     Toshiba Corporation

12.8     GS Yuasa International Ltd.

12.9     Lithium Werks

12.10  Sony Corporation

12.11  Other Key Companies


13.1     Key Industry Expert Insights

13.2     Primary Discussion Guide

13.3     Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain



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Key Questions Answered by the Report

  • Major factors impacting the market and its growth
  • Evolving Types of the various products in the Market
  • Evolving Application of the various products in the Market
  • Growing countries in the Global Market
  • Effects of the developments in the market on the industry and on the market players
  • Key market developments undertaken by the leading players

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