What is 18650 Lithium Battery?
A lithium-ion battery or Li-ion battery is a type of rechargeable battery. The 18650 lithium battery basically a lithium-ion cell which generally defined by 18mm*65mm size, slightly larger than an AA battery. It is generally used in flashlights, lap-top, and high-drain devices because of its superior capacity and discharge rates. It comes in both flat and button top styles. Its quality depends on the needs of the device. It is a great option for high-end electronics with high capacities. With the growth in the consumer electronics industry and increasing manufacturers of electronic gadgets are creating a huge growth potential in this market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Panasonic (Sanyo) (Japan), Samsung (South Korea), LG Chem (South Korea), Sony (Japan), Wanxiang (China), Hitachi (Japan), Tianjin Lishen (China), Hefei Guoxuan (China), DLG Electronics (United Kingdom) and Dongguan Large Electronics (China) |
The study covers a detailed analysis segmented by key business segments i.e. by type (LiCoO2 Battery, NMC/NCA Battery, LiFePO4 Battery and Others) , by application (Power Banks, Laptop Battery Packs, Electric Vehicles, Flashlights, Cordless Power Tools and Others) and major geographies. Research Analyst at AMA predicts that China Manufacturers will contribute to the maximum growth of Global 18650 Lithium Battery market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this 18650 Lithium Battery market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Panasonic (Sanyo) (Japan), Samsung (South Korea), LG Chem (South Korea), Sony (Japan), Wanxiang (China), Hitachi (Japan), Tianjin Lishen (China), Hefei Guoxuan (China), DLG Electronics (United Kingdom) and Dongguan Large Electronics (China).
Market Overview:
In January 2023, Soteria Battery Innovation Group acquired the assets of Voltaplex which it will use to form the core of a battery material, cell, and pack distribution division while expanding its international presence.
The global 18650 Lithium Battery market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Influencing Trend:
High Adoption for Smart Devices As Well As Other Industrial Goods
Market Growth Drivers:
Growing Trends of Electric Cars in Emerging Countries, High Growth in Demand for Plug-In Vehicles across the World and Rising Demand for Smart Devices and Other Industrial Goods
Challenges:
Huge Cost and Overheating Of Lithium-Ion Batteries
Restraints:
Rising Safety Issues Related To Storage As Well As Transportation of Spent Batteries
Opportunities:
Developing Application within the Energy Sector across the World and Growing Demand from Emerging Market Such As China, India, Brazil, Among Others
Key highlights of the Global 18650 Lithium Battery market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the 18650 Lithium Battery market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global 18650 Lithium Battery market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of 18650 Lithium Battery Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global 18650 Lithium Battery market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in 18650 Lithium Battery market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, 18650 Lithium Battery Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.