NEW YORK, Oct. 22, 2021 /PRNewswire/ -- The lithium-ion battery market is set to grow by USD 58.05 bn from 2021 to 2025, progressing at a CAGR of 32.65%. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. The lithium-ion battery market is segmented by application (automotive, consumer electronics, utilities, and others) and geography (APAC, Europe, North America, South America, and MEA).
The lithium-ion battery market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The augmented demand from the consumer electronics market due to enhanced consumer spending is expected to have a positive impact on the growth of the lithium-ion battery market during the forecast period.
The lithium-ion battery market covers the following areas:
Lithium-Ion Battery Recycling Market: The lithium-ion battery recycling market has been segmented by source (non-mobility and mobility) and geography (APAC and ROW). Download Free Sample Report
Lithium Iron Phosphate Battery Market: The lithium iron phosphate battery market has been segmented by application (automotive and non-automotive) and geography (APAC, Europe, North America, South America, and MEA). Download Free Sample Report
Lithium-ion Battery Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 32.65%
Market growth 2021-2025
USD 58.05 billion
YoY growth (%)
APAC, Europe, North America, South America, and MEA
Performing market contribution
APAC at 48%
Key consumer countries
China, US, Norway, Germany, and Japan
Leading companies, competitive strategies, consumer engagement scope
A123 Systems LLC, Amperex Technology Ltd., BYD Co. Ltd., Dalian CBAK Power Battery Co. Ltd., Envision Energy USA Ltd., Hitachi Ltd., LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., and Toshiba Corp.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, future consumer dynamics, market condition analysis for the forecast period
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