Lithium Ion Battery Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Lithium-ion batteries are integral to the power supply of a wide range of devices, from smartphones to power tools and electric vehicles to aerospace components. These batteries, known for their high energy density, utilize intercalated lithium compounds rather than metallic lithium for the electrode, differentiating them from disposable lithium primary batteries.

Li-ion Technology Advantages

Lithium-ion technology stands out due to its high energy density and low rate of self-discharge. This technological advantage positions it favorably against other battery technologies. The market trajectory for lithium-ion batteries is set to follow an upward trend in the coming years.

Lithium Ion Battery Market Trends

Electric Vehicles Driving Growth

Initially, lithium-ion battery technology was predominantly used in electronic devices such as mobile phones and smartphones. It has since expanded into other areas, including consumer appliances, power tools, and energy storage systems. The most significant growth has been in its application in larger systems like electric vehicles (EVs) and electric bikes. Major investments in technology development have resulted in differentiated chemistries with specific performance attributes suited to various uses, particularly in the EV market.

The anticipated highest demand growth for lithium-ion batteries will likely come from applications in electric vehicles, electric bikes, and energy storage systems. Increasing global efforts to reduce carbon emissions from fossil fuel-powered vehicles and supportive policies for the adoption of electric vehicles will contribute positively to the market's growth.

Dominance of Lithium Nickel Manganese Cobalt Oxide

The chemistry of lithium-ion batteries significantly influences their usage and potential applications. Currently, lithium nickel manganese cobalt oxide and lithium iron phosphate account for a substantial market share by value. High specific energy characteristics, low internal resistance, and versatility for different power capacity configurations drive the popularity of lithium nickel manganese cobalt oxide batteries. The safe nature, high current rating, and long lifecycle of lithium iron phosphate chemistry also boost its demand.

Focus on Cost Optimization and Lightweight Products

Over the past two decades, significant research and development in the lithium-ion battery industry have made this technology commonplace in modern devices and equipment. Leading manufacturers continue to focus on further cost optimization and technology development to make the technology competitive in previously untapped markets. For example, ongoing efforts aim to improve cost and performance parameters for EV battery applications, fostering demand in cost-sensitive markets and enhancing competitiveness against conventional fuel vehicles.

Regional Outlook of Lithium Ion Battery Market

Globally, the market is dominated by the Asia-Pacific region, which holds a substantial market share. This region is expected to remain the most significant demand center for lithium-ion batteries in the foreseeable future. Furthermore, Asia-Pacific is not only dominant in demand but also in supply, with China, South Korea, and Japan housing the bulk of global production capacities.

Competition Overview of Lithium Ion Battery Market

The market is fairly consolidated, with a few global players leading the scene. Despite the limited number of players, the market is intensely competitive due to the high-performance demands from clients. Key players in the global market include Panasonic, LG Chem, Samsung SDI, Ultralife Corporation, Saft Groupe, and BYD Company.

Impact of COVID-19 on the Lithium Ion Battery Market

The COVID-19 pandemic had a significant impact on the lithium-ion battery market. Factory shutdowns and a downturn in auto sales created challenges for electric vehicle manufacturers, while low gas prices affected both the EV and lithium-ion battery markets. The pandemic disrupted the battery industry's supply chain, which relies heavily on sourcing raw materials and electrode material from China.

The pandemic's impact prompted original equipment manufacturers (OEMs) to shift away from traditionally strong Asian markets such as Japan and South Korea towards lower-cost Chinese sources. Post-pandemic, it is likely that global battery manufacturers will emphasize diversifying the lithium-ion supply chain across the Asia-Pacific region to mitigate future disruptions.

Analysts' Viewpoint

Lithium-ion batteries are already ubiquitous in the consumer electronics sector, and the next growth frontier lies in the automotive and energy storage industries. Ongoing technological advancements for high-capacity batteries and the continuous reduction in costs for EV batteries will enhance market penetration. The next area of innovation involves grid-scale battery installations to bolster energy storage system capabilities. Advancements in battery chemistry and materials technology will help overcome technical and cost barriers, promising a bright future for the market.

Competitive Analysis

Key Companies

SAMSUNG SDI CO., LTD.
Panasonic Corporation
BYD Company Ltd
LG Chem
CATL
BAK Group
ASPILSAN Energy
Ultralife Corporation
Triathlon Batteries Solutions, Inc.
Nexeon Limited
Future Hi-Tech Batteries
TWS
Kokam
Enerdel, Inc.
KAYO Battery (Shenzhen) Company Limited
Excell
Padre
Saft Groupe S.A.
Bestgo Power Co., Ltd.
Clayton Power
Enersys

Key Segments of Lithium Ion Battery Market

Fairfield Market Research's study divides the market into six significant segments: battery type, voltage, product type, operation, end user, and region. This report provides comprehensive data and insights on the important market dynamics and growth parameters related to these categories.

Battery Type

Lithium Cobalt Oxide
Lithium Manganese Oxide
Lithium Iron Phosphate
Lithium Nickel Manganese Cobalt Oxide
Lithium Nickel Cobalt Aluminum Oxide
Lithium Titanate

Voltage

Less than 4.5V
4.6V to 12V
13V to 18V
19V to 24V
25V to 36V
37V to 48V
Above 48V

Product Type

Single Cell
Battery Pack/Module

Operation

Rechargeable
Non-rechargeable

End User

Electric Vehicles
E-Bikes
Electric Scooters
Energy Storage Systems
Aerospace & Aviation Systems
Railway Systems
Marine Systems
Industrial Vehicles & Equipment
Consumer Electronics
Battery-operated Power Tools

Region

North America
Latin America
Europe
Asia-Pacific
Middle East & Africa (MEA)
Oceania

1. Executive Summary

1.1. Global Lithium Ion Battery Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. Regulatory Landscape
2.6. COVID-19 Impact Analysis
- 2.6.1. Supply
- 2.6.2. Demand
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Price Trend Analysis, 2019 - 2031,

3.1. Key Highlights
3.2. Global Average Price Analysis, by Battery Type, US$ per Unit
3.3. Prominent Factors Affecting Lithium Ion Battery Prices
3.4. Global Average Price Analysis, by Region, US$ per Unit

4. Global Lithium Ion Battery Market Outlook, 2019 - 2031

4.1. Global Lithium Ion Battery Market Outlook, by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Lithium Cobalt Oxide
  - 4.1.1.2. Lithium Manganese Oxide
  - 4.1.1.3. Lithium Iron Phosphate
  - 4.1.1.4. Lithium Nickel Manganese Cobalt Oxide
  - 4.1.1.5. Lithium Nickel Cobalt Aluminum Oxide
  - 4.1.1.6. Lithium Titanate
4.2. Global Lithium Ion Battery Market Outlook, by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Less than 4.5V
  - 4.2.1.2. 4.6V to 12V
  - 4.2.1.3. 13V to 18V
  - 4.2.1.4. 19V to 24V
  - 4.2.1.5. 25V to 36V
  - 4.2.1.6. 37V to 48V
  - 4.2.1.7. Above 48V
4.3. Global Lithium Ion Battery Market Outlook, by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Single Cell
  - 4.3.1.2. Battery Pack/Module
4.4. Global Lithium Ion Battery Market Outlook, by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. Rechargeable
  - 4.4.1.2. Non-rechargeable
4.5. Global Lithium Ion Battery Market Outlook, by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 4.5.1. Key Highlights
  - 4.5.1.1. Electric Vehicles
  - 4.5.1.2. Energy Storage Systems
  - 4.5.1.3. Aerospace & Aviation Systems
  - 4.5.1.4. Railway Systems
  - 4.5.1.5. Marine Systems
  - 4.5.1.6. Industrial Vehicles & Equipment
  - 4.5.1.7. Consumer Electronics
  - 4.5.1.8. Others
4.6. Global Lithium Ion Battery Market Outlook, by Region, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 4.6.1. Key Highlights
  - 4.6.1.1. North America
  - 4.6.1.2. Europe
  - 4.6.1.3. Asia Pacific
  - 4.6.1.4. Latin America
  - 4.6.1.5. Middle East & Africa
- 4.6.2. BPS Analysis/Market Attractiveness Analysis

5. North America Lithium Ion Battery Market Outlook, 2019 - 2031

5.1. North America Lithium Ion Battery Market Outlook, by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Lithium Cobalt Oxide
  - 5.1.1.2. Lithium Manganese Oxide
  - 5.1.1.3. Lithium Iron Phosphate
  - 5.1.1.4. Lithium Nickel Manganese Cobalt Oxide
  - 5.1.1.5. Lithium Nickel Cobalt Aluminum Oxide
  - 5.1.1.6. Lithium Titanate
5.2. North America Lithium Ion Battery Market Outlook, by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Less than 4.5V
  - 5.2.1.2. 4.6V to 12V
  - 5.2.1.3. 13V to 18V
  - 5.2.1.4. 19V to 24V
  - 5.2.1.5. 25V to 36V
  - 5.2.1.6. 37V to 48V
  - 5.2.1.7. Above 48V
5.3. North America Lithium Ion Battery Market Outlook, by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Single Cell
  - 5.3.1.2. Battery Pack/Module
5.4. North America Lithium Ion Battery Market Outlook, by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Rechargeable
  - 5.4.1.2. Non-rechargeable
5.5. North America Lithium Ion Battery Market Outlook, by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 5.5.1. Key Highlights
  - 5.5.1.1. Electric Vehicles
  - 5.5.1.2. Energy Storage Systems
  - 5.5.1.3. Aerospace & Aviation Systems
  - 5.5.1.4. Railway Systems
  - 5.5.1.5. Marine Systems
  - 5.5.1.6. Industrial Vehicles & Equipment
  - 5.5.1.7. Consumer Electronics
  - 5.5.1.8. Others
5.6. North America Lithium Ion Battery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 5.6.1. Key Highlights
  - 5.6.1.1. U.S. Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 5.6.1.2. U.S. Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 5.6.1.3. U.S. Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 5.6.1.4. U.S. Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 5.6.1.5. U.S. Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 5.6.1.6. Canada Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 5.6.1.7. Canada Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 5.6.1.8. Canada Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 5.6.1.9. Canada Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 5.6.1.10. Canada Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 5.6.2. BPS Analysis/Market Attractiveness Analysis

6. Europe Lithium Ion Battery Market Outlook, 2019 - 2031

6.1. Europe Lithium Ion Battery Market Outlook, by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Lithium Cobalt Oxide
  - 6.1.1.2. Lithium Manganese Oxide
  - 6.1.1.3. Lithium Iron Phosphate
  - 6.1.1.4. Lithium Nickel Manganese Cobalt Oxide
  - 6.1.1.5. Lithium Nickel Cobalt Aluminum Oxide
  - 6.1.1.6. Lithium Titanate
6.2. Europe Lithium Ion Battery Market Outlook, by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Less than 4.5V
  - 6.2.1.2. 4.6V to 12V
  - 6.2.1.3. 13V to 18V
  - 6.2.1.4. 19V to 24V
  - 6.2.1.5. 25V to 36V
  - 6.2.1.6. 37V to 48V
  - 6.2.1.7. Above 48V
6.3. Europe Lithium Ion Battery Market Outlook, by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Single Cell
  - 6.3.1.2. Battery Pack/Module
6.4. Europe Lithium Ion Battery Market Outlook, by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. Rechargeable
  - 6.4.1.2. Non-rechargeable
6.5. Europe Lithium Ion Battery Market Outlook, by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 6.5.1. Key Highlights
  - 6.5.1.1. Electric Vehicles
  - 6.5.1.2. Energy Storage Systems
  - 6.5.1.3. Aerospace & Aviation Systems
  - 6.5.1.4. Railway Systems
  - 6.5.1.5. Marine Systems
  - 6.5.1.6. Industrial Vehicles & Equipment
  - 6.5.1.7. Consumer Electronics
  - 6.5.1.8. Others
- 6.5.2. BPS Analysis/Market Attractiveness Analysis
6.6. Europe Lithium Ion Battery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 6.6.1. Key Highlights
  - 6.6.1.1. Germany Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.2. Germany Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.3. Germany Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.4. Germany Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.5. Germany Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.6. U.K. Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.7. U.K. Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.8. U.K. Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.9. U.K. Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.10. U.K. Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.11. France Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.12. France Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.13. France Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.14. France Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.15. France Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.16. Italy Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.17. Italy Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.18. Italy Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.19. Italy Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.20. Italy Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.21. Turkey Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.22. Turkey Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.23. Turkey Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.24. Turkey Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.25. Turkey Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.26. Russia Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.27. Russia Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.28. Russia Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.29. Russia Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.30. Russia Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.31. Rest of Europe Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.32. Rest of Europe Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.33. Rest of Europe Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.34. Rest of Europe Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 6.6.1.35. Rest of Europe Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 6.6.2. BPS Analysis/Market Attractiveness Analysis

7. Asia Pacific Lithium Ion Battery Market Outlook, 2019 - 2031

7.1. Asia Pacific Lithium Ion Battery Market Outlook, by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Lithium Cobalt Oxide
  - 7.1.1.2. Lithium Manganese Oxide
  - 7.1.1.3. Lithium Iron Phosphate
  - 7.1.1.4. Lithium Nickel Manganese Cobalt Oxide
  - 7.1.1.5. Lithium Nickel Cobalt Aluminum Oxide
  - 7.1.1.6. Lithium Titanate
7.2. Asia Pacific Lithium Ion Battery Market Outlook, by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Less than 4.5V
  - 7.2.1.2. 4.6V to 12V
  - 7.2.1.3. 13V to 18V
  - 7.2.1.4. 19V to 24V
  - 7.2.1.5. 25V to 36V
  - 7.2.1.6. 37V to 48V
  - 7.2.1.7. Above 48V
7.3. Asia Pacific Lithium Ion Battery Market Outlook, by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Single Cell
  - 7.3.1.2. Battery Pack/Module
7.4. Asia Pacific Lithium Ion Battery Market Outlook, by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Rechargeable
  - 7.4.1.2. Non-rechargeable
7.5. Asia Pacific Lithium Ion Battery Market Outlook, by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 7.5.1. Key Highlights
  - 7.5.1.1. Electric Vehicles
  - 7.5.1.2. Energy Storage Systems
  - 7.5.1.3. Aerospace & Aviation Systems
  - 7.5.1.4. Railway Systems
  - 7.5.1.5. Marine Systems
  - 7.5.1.6. Industrial Vehicles & Equipment
  - 7.5.1.7. Consumer Electronics
  - 7.5.1.8. Others
- 7.5.2. BPS Analysis/Market Attractiveness Analysis
7.6. Asia Pacific Lithium Ion Battery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 7.6.1. Key Highlights
  - 7.6.1.1. China Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.2. China Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.3. China Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.4. China Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.5. China Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.6. Japan Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.7. Japan Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.8. Japan Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.9. Japan Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.10. Japan Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.11. South Korea Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.12. South Korea Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.13. South Korea Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.14. South Korea Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.15. South Korea Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.16. India Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.17. India Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.18. India Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.19. India Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.20. India Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.21. Southeast Asia Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.22. Southeast Asia Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.23. Southeast Asia Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.24. Southeast Asia Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.25. Southeast Asia Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.26. Rest of Asia Pacific Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.27. Rest of Asia Pacific Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.28. Rest of Asia Pacific Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.29. Rest of Asia Pacific Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 7.6.1.30. Rest of Asia Pacific Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 7.6.2. BPS Analysis/Market Attractiveness Analysis

8. Latin America Lithium Ion Battery Market Outlook, 2019 - 2031

8.1. Latin America Lithium Ion Battery Market Outlook, by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Lithium Cobalt Oxide
  - 8.1.1.2. Lithium Manganese Oxide
  - 8.1.1.3. Lithium Iron Phosphate
  - 8.1.1.4. Lithium Nickel Manganese Cobalt Oxide
  - 8.1.1.5. Lithium Nickel Cobalt Aluminum Oxide
  - 8.1.1.6. Lithium Titanate
8.2. Latin America Lithium Ion Battery Market Outlook, by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Less than 4.5V
  - 8.2.1.2. 4.6V to 12V
  - 8.2.1.3. 13V to 18V
  - 8.2.1.4. 19V to 24V
  - 8.2.1.5. 25V to 36V
  - 8.2.1.6. 37V to 48V
  - 8.2.1.7. Above 48V
8.3. Latin America Lithium Ion Battery Market Outlook, by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Single Cell
  - 8.3.1.2. Battery Pack/Module
8.4. Latin America Lithium Ion Battery Market Outlook, by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. Rechargeable
  - 8.4.1.2. Non-rechargeable
8.5. Latin America Lithium Ion Battery Market Outlook, by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 8.5.1. Key Highlights
  - 8.5.1.1. Electric Vehicles
  - 8.5.1.2. Energy Storage Systems
  - 8.5.1.3. Aerospace & Aviation Systems
  - 8.5.1.4. Railway Systems
  - 8.5.1.5. Marine Systems
  - 8.5.1.6. Industrial Vehicles & Equipment
  - 8.5.1.7. Consumer Electronics
  - 8.5.1.8. Others
- 8.5.2. BPS Analysis/Market Attractiveness Analysis
8.6. Latin America Lithium Ion Battery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 8.6.1. Key Highlights
  - 8.6.1.1. Brazil Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.2. Brazil Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.3. Brazil Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.4. Brazil Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.5. Brazil Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.6. Mexico Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.7. Mexico Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.8. Mexico Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.9. Mexico Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.10. Mexico Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.11. Argentina Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.12. Argentina Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.13. Argentina Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.14. Argentina Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.15. Argentina Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.16. Rest of Latin America Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.17. Rest of Latin America Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.18. Rest of Latin America Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.19. Rest of Latin America Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 8.6.1.20. Rest of Latin America Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 8.6.2. BPS Analysis/Market Attractiveness Analysis

9. Middle East & Africa Lithium Ion Battery Market Outlook, 2019 - 2031

9.1. Middle East & Africa Lithium Ion Battery Market Outlook, by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Lithium Cobalt Oxide
  - 9.1.1.2. Lithium Manganese Oxide
  - 9.1.1.3. Lithium Iron Phosphate
  - 9.1.1.4. Lithium Nickel Manganese Cobalt Oxide
  - 9.1.1.5. Lithium Nickel Cobalt Aluminum Oxide
  - 9.1.1.6. Lithium Titanate
9.2. Middle East & Africa Lithium Ion Battery Market Outlook, by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Less than 4.5V
  - 9.2.1.2. 4.6V to 12V
  - 9.2.1.3. 13V to 18V
  - 9.2.1.4. 19V to 24V
  - 9.2.1.5. 25V to 36V
  - 9.2.1.6. 37V to 48V
  - 9.2.1.7. Above 48V
9.3. Middle East & Africa Lithium Ion Battery Market Outlook, by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Single Cell
  - 9.3.1.2. Battery Pack/Module
9.4. Middle East & Africa Lithium Ion Battery Market Outlook, by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 9.4.1. Key Highlights
  - 9.4.1.1. Rechargeable
  - 9.4.1.2. Non-rechargeable
9.5. Middle East & Africa Lithium Ion Battery Market Outlook, by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 9.5.1. Key Highlights
  - 9.5.1.1. Electric Vehicles
  - 9.5.1.2. Energy Storage Systems
  - 9.5.1.3. Aerospace & Aviation Systems
  - 9.5.1.4. Railway Systems
  - 9.5.1.5. Marine Systems
  - 9.5.1.6. Industrial Vehicles & Equipment
  - 9.5.1.7. Consumer Electronics
  - 9.5.1.8. Others
- 9.5.2. BPS Analysis/Market Attractiveness Analysis
9.6. Middle East & Africa Lithium Ion Battery Market Outlook, by Country, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 9.6.1. Key Highlights
  - 9.6.1.1. GCC Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.2. GCC Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.3. GCC Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.4. GCC Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.5. GCC Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.6. South Africa Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.7. South Africa Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.8. South Africa Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.9. South Africa Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.10. South Africa Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.11. Egypt Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.12. Egypt Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.13. Egypt Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.14. Egypt Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.15. Egypt Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.16. Nigeria Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.17. Nigeria Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.18. Nigeria Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.19. Nigeria Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.20. Nigeria Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.21. Rest of Middle East & Africa Lithium Ion Battery Market by Battery Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.22. Rest of Middle East & Africa Lithium Ion Battery Market by Voltage, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.23. Rest of Middle East & Africa Lithium Ion Battery Market by Product Type, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.24. Rest of Middle East & Africa Lithium Ion Battery Market by Operation, Value (US$ Bn) & Volume (Units), 2019 - 2031
  - 9.6.1.25. Rest of Middle East & Africa Lithium Ion Battery Market by End User, Value (US$ Bn) & Volume (Units), 2019 - 2031
- 9.6.2. BPS Analysis/Market Attractiveness Analysis

10. Competitive Landscape

10.1. Company Market Share Analysis, 2024
10.2. Competitive Dashboard
10.3. Company Profiles
- 10.3.1. SAMSUNG SDI CO.LTD.
  - 10.3.1.1. Company Overview
  - 10.3.1.2. Product Portfolio
  - 10.3.1.3. Financial Overview
  - 10.3.1.4. Business Strategies and Development
- 10.3.2. Panasonic Corporation
  - 10.3.2.1. Company Overview
  - 10.3.2.2. Product Portfolio
  - 10.3.2.3. Financial Overview
  - 10.3.2.4. Business Strategies and Development
- 10.3.3. BYD Company Ltd
  - 10.3.3.1. Company Overview
  - 10.3.3.2. Product Portfolio
  - 10.3.3.3. Financial Overview
  - 10.3.3.4. Business Strategies and Development
- 10.3.4. LG Chem
  - 10.3.4.1. Company Overview
  - 10.3.4.2. Product Portfolio
  - 10.3.4.3. Financial Overview
  - 10.3.4.4. Business Strategies and Development
- 10.3.5. CATL
  - 10.3.5.1. Company Overview
  - 10.3.5.2. Product Portfolio
  - 10.3.5.3. Financial Overview
  - 10.3.5.4. Business Strategies and Development
- 10.3.6. BAK Group
  - 10.3.6.1. Company Overview
  - 10.3.6.2. Product Portfolio
  - 10.3.6.3. Financial Overview
  - 10.3.6.4. Business Strategies and Development
- 10.3.7. ASPILSAN Energy
  - 10.3.7.1. Company Overview
  - 10.3.7.2. Product Portfolio
  - 10.3.7.3. Financial Overview
  - 10.3.7.4. Business Strategies and Development
- 10.3.8. Ultralife Corporation
  - 10.3.8.1. Company Overview
  - 10.3.8.2. Product Portfolio
  - 10.3.8.3. Financial Overview
  - 10.3.8.4. Business Strategies and Development
- 10.3.9. Triathlon Batteries Solutions, Inc.
  - 10.3.9.1. Company Overview
  - 10.3.9.2. Product Portfolio
  - 10.3.9.3. Financial Overview
  - 10.3.9.4. Business Strategies and Development
- 10.3.10. Future Hi-Tech Batteries
  - 10.3.10.1. Company Overview
  - 10.3.10.2. Product Portfolio
  - 10.3.10.3. Financial Overview
  - 10.3.10.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations