Lithium-ion Battery Companies 2023

The Rise of Lithium-ion Batteries in Electric Vehicles: A Look at the Top Key Players

BROOKLYN, NEW YORK CITY, UNITED STATES, May 3, 2023 /EINPresswire.com/ -- 𝐋𝐢𝐭𝐡𝐢𝐮𝐦-𝐢𝐨𝐧 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝟐𝟎𝟐𝟑:

Lithium represents a silver-white alkali metal that is generally extracted from ores and mineral springs. It is a combination of the isotopes Li6 and Li7, which are corrosive and burn with a white flame. Lithium-ion comprises various components, such as an anode, electrolyte, cathode, and separator. It is a rechargeable battery that is manufactured from graphite, cobalt, and manganese. Lithium-ion has the lowest density of all the metals and forms organic and inorganic compounds, including oxide, nitride, carbide, hydride, and hydroxide. In addition to this, it is incorporated into several consumer electronics, such as cell phones, tablets, laptops, electric toothbrushes, hoverboards, Bluetooth headsets, headphones, digital cameras, game controllers, smoke detectors, and smartwatches.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐎𝐟𝐟𝐞𝐫 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭): https://www.imarcgroup.com/lithium-ion-battery-market/requestsample

How Big is the Lithium Ion Battery Market? :

• 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐕𝐚𝐥𝐮𝐞 𝐢𝐧 𝟐𝟎𝟐𝟐: US$ 45.0 Billion
• 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐢𝐧 𝟐𝟎𝟐𝟖: US$ 93.3 Billion
• 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞: CAGR of 13.2%
• 𝐁𝐚𝐬𝐞 𝐘𝐞𝐚𝐫 𝐎𝐟 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐢𝐨𝐧: 2022
• 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚: 2017-2022
• 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐏𝐞𝐫𝐢𝐨𝐝: 2023-2028

𝐋𝐢𝐭𝐡𝐢𝐮𝐦-𝐢𝐨𝐧 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐃𝐞𝐦𝐚𝐧𝐝 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The escalating demand for smartphones and electronic devices and the rising product usage in the automotive industry, on account of its various benefits, including high energy density, long life cycle, low self-discharge rate and maintenance, and fast charging capability, are among the primary factors driving the lithium-ion battery market. Besides this, the increasing interest toward maintaining a clean environment has propelled the expansion of renewable energy projects, such as photovoltaic installation, nuclear power plants, and wind energy schemes, which is further augmenting the market growth.

Moreover, the development of advanced and innovative lithium-ion batteries by the leading manufacturers, including CALB, EVE Energy Co., Ltd. (EVE), Envision AESC, Panasonic Corporation, Samsung SDI Co., Ltd., SVOLT, Contemporary Amperex Technology Co., Ltd. (CATL), SK Innovation Co., Ltd., etc., to be utilized in vehicles and electronic devices is also catalyzing the global market. Apart from this, various technological advancements and the launch of several policies by the government bodies concerning the use of fuels and gasoline-based automobiles are anticipated to propel the lithium-ion battery market over the forecasted period.

Biggest Lithium ion Battery Companies:

• A123 Systems LLC
• Automotive Energy Supply Corporation (AESC)
• LG Chem Limited
• Panasonic Corporation
• Samsung SDI Corporation Limited
• Toshiba Corporation
• Amperex Technology Limited (ATL)
• BAK Group
• Blue Energy Co. Ltd.
• BYD Company Limited
• CBAK Energy Technology Inc.
• Tianjin Lishen Battery Joint-Stock Corporation Limited
• Lithion Battery (Valence Technology Inc.)
• SK Innovation Corporation Limited
• Hitachi Limited

𝐕𝐢𝐬𝐢𝐭 𝐅𝐮𝐥𝐥 𝐁𝐥𝐨𝐠 𝐚𝐭: https://www.imarcgroup.com/top-lithium-ion-battery-manufacturers

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here

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