Learn about the global Lithium-Ion (Li-Ion) market through The Business Research Company, which provides information on Li-Ion market size, Li-Ion market drivers and restraints, Li-Ion market players, the COVID-19 impact on the Li-Ion market, and more.

The global lithium-ion (Li-Ion) market is expected to grow from $41.93 billion in 2021 to $48.86billion in 2022 at a compound annual growth rate (CAGR) of 16.5%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The Li-ion batteries market is expected to reach $85.72 billion in 2026 at a CAGR of 15.1%.

The growth of the lithium-ion batteries market is mainly driven due to the presence of high energy density features in lithium-ion batteries.

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The lithium-ion (Li-Ion) batteries market consists of sales of lithium-ion batteries and related services that are used in electric vehicles, mobiles, laptops, power backups and other electronic devices. The lithium-ion battery is a type of rechargeable battery having high energy density that uses lithium ions as primary component of its electrolyte. Lithium-ion batteries are commonly used in consumer electronic devices.

Global Lithium-Ion (Li-Ion) Market Segments Include:
By Power Capacity: 0 to 3000 mAh, 3000 to 10000 mAh, 10000 to 60000 mAh, Above 60000 mAh

By Application: Consumer Electronics, Automotive, Marine, Aerospace and Defense, Medical, Industrial, Power, Others

By Component: Cathode, Anode, Separators, Electrolytes, Aluminium Foil, Copper Foil, Others

By Type: Lithium Nickel Manganese Cobalt (Li-NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Titanate Oxide (LTO), Lithium Manganese Oxide (LMO), Lithium Nickel Cobalt Aluminum Oxide (NCA)

By Chemistry: LFP, LCO, LTO, NMC, NCA, LMO

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions Asia Pacific was the largest region in the lithium-ion (Li-Ion) batteries market in 2021.

Declining lithium-ion battery prices boosts the sales of lithium-ion batteries. Change in materials technology, manufacturing processes, overhead costs, and huge investments in lithium-ion battery industry contributed to the reduction in lithium-ion battery prices.

TBRC’s lithium-ion (Li-Ion) market report covers:

Major Market Players: A123 Systems, Automotive Energy Supply Corp, LG Chem, Panasonic, Samsung SDI, Toshiba, BYD, Automotive Energy Supply Corp, Contemporary Amperex Technology, and Johnson Controls.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Lithium-Ion (Li-Ion) Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides lithium-ion (Li-Ion) market overviews, analyzes and forecasts market size, share, Li-Ion market players, Li-Ion market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s lithium-ion (Li-Ion) market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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