PUBLISHER: Lucintel | PRODUCT CODE: 1523270
PUBLISHER: Lucintel | PRODUCT CODE: 1523270
Nickel Cobalt Manganese Trends and Forecast
The future of the global nickel cobalt manganese market looks promising with opportunities in the consumer electronic, automotive, aerospace, marine, medical, industrial, and power markets. The global nickel cobalt manganese market is expected to grow with a CAGR of 15.4% from 2024 to 2030. The major drivers for this market are growing demand for lithium-ion batteries, rising adoption of electric vehicles, and expanding need for efficient grid energy storage systems.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Nickel Cobalt Manganese by Segment
The study includes a forecast for the global nickel cobalt manganese by product type, end use, and region.
List of Nickel Cobalt Manganese Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies nickel cobalt manganese companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nickel cobalt manganese companies profiled in this report include-
Nickel Cobalt Manganese Market Insights
Lucintel forecasts that NMC622 will remain the largest segment over the forecast period.
Within this market, automotive will remain the largest segment over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Nickel Cobalt Manganese Market
Market Size Estimates: Nickel cobalt manganese market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Nickel cobalt manganese market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Nickel cobalt manganese market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the nickel cobalt manganese market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the nickel cobalt manganese market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for nickel cobalt manganese market?
Answer: The global nickel cobalt manganese market is expected to grow with a CAGR of 15.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the nickel cobalt manganese market?
Answer: The major drivers for this market are growing demand for lithium-ion batteries, rising adoption of electric vehicles, and expanding need for efficient grid energy storage systems.
Q3. What are the major segments for nickel cobalt manganese market?
Answer: The future of the nickel cobalt manganese market looks promising with opportunities in the consumer electronic, automotive, aerospace, marine, medical, industrial, and power markets.
Q4. Who are the key nickel cobalt manganese market companies?
Answer: Some of the key nickel cobalt manganese companies are as follows:
Q5. Which nickel cobalt manganese market segment will be the largest in future?
Answer: Lucintel forecasts that NMC622 will remain the largest segment over the forecast period.
Q6. In nickel cobalt manganese market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.