About Stationary Lithium-ion Battery
Stationary Lithium-ion Batteries are available in a number of shapes and sizes to suit a variety of purposes. They're employed in applications where power is only needed on standby or in an emergency. Batteries that are used in stationary applications are rarely discharged. Stationary Lithium-ion Batteries have a constant float charge and can be utilized on demand. Stationary batteries are rechargeable batteries that use lithium ions as the electrolyte's principal component. Lithium-ion batteries are found in a variety of portable electronic devices, including cell phones and laptop computers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 29.0% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Stationary Lithium-ion Battery market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LG Chem (South Korea), Samsung SDI (South Korea), Kokam (South Korea), GS Yuasa (Japan), Toshiba (Japan), CATL (China), Sonnen (Germany), Saft (France), BMZ (United States) and Electrovaya (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Leclanche (Switzerland), PowerTech Systems (France) and AXITEC Energy (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Stationary Lithium-ion Battery market by Type (lithium ferrophosphate, or lithium iron phosphate (LFP), lithium nickel manganese cobalt oxide (NMC) and lithium nickel cobalt aluminum oxide (NCA)), Application (Communication Equipment, Consumer Electronics, Automobile and Other) and Region.
On the basis of geography, the market of Stationary Lithium-ion Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material , the sub-segment i.e. Lithium will boost the Stationary Lithium-ion Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Cathode or the positive electrode will boost the Stationary Lithium-ion Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Funds For R&D Activities In The Stationary Li-Ion Battery
Market Growth Drivers:
Rising Traction of Zero Energy Buildings Demanding ESS and Increasing Adoption in Data Center UPS Systems
Challenges:
Essential Challenges Of Photovoltaics
Restraints:
High Prevalence Of Substitutes and Growing Concern Regarding To Safety
Opportunities:
Government Favorable Initiative To Achieve Zero-Energy Targets In The Residential Sector
Market Leaders and their expansionary development strategies
In Setember 2023, BASF and Nanotech Energy, This collaboration aimed to produce lithium-ion batteries in North America with recycled content and a lower carbon footprint.
In October 2023, LG Chem RESU Flex, This modular battery system catered to various commercial and industrial applications.
Key Target Audience
Stationary Lithium-ion Battery manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.