PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1423249
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1423249
Japan Lithium-ion Battery Market Introduction and Overview
According to SPER market research, Japan Lithium-ion Battery Market Size - By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Japan Lithium-ion Battery Market is predicted to reach with a CAGR of 12.36%.
Lithium-ion (Li-ion) batteries are rechargeable batteries that move lithium ions between the positive and negative pads. Due to its high energy density, long lifespan, low self-discharge rate, and lightweight design, it stands out. Considering its size, it is well known for having a substantial amount of energy storage. When these batteries are discharged, an electric current flows from the negative electrode (anode) to the positive electrode (cathode), and when they are charged, the opposite direction occurs due to the movement of lithium ions.
The COVID-19 pandemic has presented the Japanese lithium-ion battery market with a number of opportunities as well as challenges. Supply chain disruptions brought on by restrictions on international trade and transportation affected the availability of vital raw materials like lithium and cobalt, resulting in adjustments to production schedules and increased manufacturing costs. The automotive industry, which was one of the main users of lithium-ion batteries, saw a decrease in demand for these batteries as a result of lockdowns and economic uncertainty, which made consumers spend less on electric vehicles.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Application
Regions covered East Region, West Region, north Region, Central.
Companies Covered B & B Battery Co. Ltd, Contemporary Amperex Technology Co. Ltd, EEMB Battery, Furukawa Battery Co. Ltd, GS Yuasa International Ltd, LG Energy Solution, Lithium Energy Japan, Maxell, Ltd, Panasonic Corporation, Toshiba Corporation, Others
Japan Lithium-ion Battery Market Segmentation:
By Application: Based on the Application, Japan Lithium-ion Battery Market is segmented as; Electronic Devices, Automotive, Energy Storage Systems, Others.
By Region: This research also includes data for East Region, West Region, north Region, Central.