Advanced Lithium Ion Battery Comprehensive Study by Type (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Cobalt Aluminium Oxide, Lithium Manganese Oxide, Lithium Nickel Manganese Cobalt, Lithium Titanate-Oxide), Application (Automotive, Consumer Electronics, Energy Storage System, Industrial), Voltage (Low (below 12V), Medium (12V-36V), HIGH (Above 36V)), Capacity (0-3000 mAh, 3000-10000 mAh, 10000-60000 mAh, 60000 mAh and above), Material Used (Cathode Material, Anode Material), Component (Separator, Current Collector, Binder, Solvent, Solid-State Electrolyte, Aluminium Coil, Copper Coil)

Advanced Lithium Ion Battery Market by XX Submarkets | Forecast Years 2023-2028  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Advanced Lithium Ion Battery Market Scope
An advanced technology which used lithium ion in battery as a key component of its electrochemistry. During its use lithium ion move from anode to cathode through electrolyte, at cathode they reunite with their electrons and electrically neutralize. Lithium batteries can used different material as electrode. Most common combination is Lithium cobalt oxide and graphite. There are different type of advanced lithium-ion battery namely lithium cobalt oxide, lithium iron phosphate, lithium nickel cobalt aluminium oxide, lithium manganese oxide, lithium nickel manganese cobalt, lithium titanate-oxide. Rechargeable Li-ion batteries are currently used mostly in portable electronic devices, including laptop computers, tablets, smartphones, digital cameras, GPS systems, and digital cameras. Owing to Demand of Advanced Lithium Ion Battery in Electronic Device and Vehicles, advanced lithium-ion battery market is expected to grow at a significant rate during the forecast period

AttributesDetails
Study Period2018-2028
Base Year2022
UnitValue (USD Million)
Key Companies ProfiledBYD Company limited (China), LG Chem Ltd (South Korea), A123 System LLC (United States), Panasonic Corporation (Japan), Samsung SDI (South Korea), Toshiba Corporation (Japan), Contemporarey Amperex Technology Co. Ltd (China), Hitachi (Japan), Johnson Control (United States) and Tianjin Lishen Battery Joint-Stock Co. Ltd (China)
CAGR%


Advanced lithium ion battery Market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and are offering competitive prices to gain high market share and establish their position in the market. Further, companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes batteries performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge

BYD Company limited (China), LG Chem Ltd (South Korea), A123 System LLC (United States), Panasonic Corporation (Japan), Samsung SDI (South Korea), Toshiba Corporation (Japan), Contemporarey Amperex Technology Co. Ltd (China), Hitachi (Japan), Johnson Control (United States) and Tianjin Lishen Battery Joint-Stock Co. Ltd (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Saft (France), SK Innovation (South Korea) and Automotive Energy Supply Corporation (Japan).

About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.

Segmentation Overview
The study have segmented the market of global Advanced Lithium Ion Battery market by Type , by Application (Automotive, Consumer Electronics, Energy Storage System and Industrial) and Region with country level break-up.

On the basis of geography, the market of Advanced Lithium Ion Battery has been segmented into . region held largest market share in the year 2022.

Market Leaders and their expansionary development strategies
In February 2022, LG Energy Solution acquired 100% share of NEC Energy Solution non-automotive lithium-ion battery and system integration business. This acquisition helped LG to delivery full integrated energy storage system with installation, maintenance, operations to increase production performance and expand its presence in advanced lithium ion battery Market
In February 2023, LG Chem and Piedmont Lithium signed equity investment and binding offtake agreement. With the help of this partnership LG Chem developed US lithium project that fulfil the requirement of IRA and improve its presence in advanced lithium-ion battery market


Influencing Trend:
Increasing Sale of Electrical Vehicle and Growing Awareness in Renewable Energy Projects

Market Growth Drivers:
High Demand of Advanced Lithium Ion Battery in Electronic Device and Vehicles and Increasing Use of Advanced Lithium-Ion Batteries in Power Grid and Energy Storage System

Challenges:
High Cost of Battery Electric Vehicle as Compared to Internal Combustion Vehicle

Restraints:
High Risk Compound Such As Acid And Heavy Metals Such As Mercury And Lead Found In Used Battery and Used Batteries Has To Store Away From Inflammable and Combustible Material

Opportunities:
The Global Adoption of Electric Vehicle Increases Need have Efficient Battery Solution Augmented Safety and an Extended Life Span and Increasing Awareness about Climate Change Due to Internal Combustion Engine Vehicle

Key Target Audience
Lithium-ion battery market manufacturers, The electronic industry, Venture Capitalists and Private Equity Firms, Automotive industry, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries

Report Objectives / Segmentation Covered

By Type
  • Lithium Cobalt Oxide
  • Lithium Iron Phosphate
  • Lithium Nickel Cobalt Aluminium Oxide
  • Lithium Manganese Oxide
  • Lithium Nickel Manganese Cobalt
  • Lithium Titanate-Oxide
By Application
  • Automotive
  • Consumer Electronics
  • Energy Storage System
  • Industrial
By Voltage
  • Low (below 12V)
  • Medium (12V-36V)
  • HIGH (Above 36V)

By Capacity
  • 0-3000 mAh
  • 3000-10000 mAh
  • 10000-60000 mAh
  • 60000 mAh and above

By Material Used
  • Cathode Material
  • Anode Material

By Component
  • Separator
  • Current Collector
  • Binder
  • Solvent
  • Solid-State Electrolyte
  • Aluminium Coil
  • Copper Coil

By Regions
    • 1. Market Overview
      • 1.1. Introduction
      • 1.2. Scope/Objective of the Study
        • 1.2.1. Research Objective
    • 2. Executive Summary
      • 2.1. Introduction
    • 3. Market Dynamics
      • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. High Demand of Advanced Lithium Ion Battery in Electronic Device and Vehicles
        • 3.2.2. Increasing Use of Advanced Lithium-Ion Batteries in Power Grid and Energy Storage System
      • 3.3. Market Challenges
        • 3.3.1. High Cost of Battery Electric Vehicle as Compared to Internal Combustion Vehicle
      • 3.4. Market Trends
        • 3.4.1. Increasing Sale of Electrical Vehicle
        • 3.4.2. Growing Awareness in Renewable Energy Projects
    • 4. Market Factor Analysis
      • 4.1. Porters Five Forces
      • 4.2. Supply/Value Chain
      • 4.3. PESTEL analysis
      • 4.4. Market Entropy
      • 4.5. Patent/Trademark Analysis
    • 5. global Advanced Lithium Ion Battery, by Type, Application, Voltage, Capacity, Material Used and Component (value) (2017-2022)
      • 5.1. Introduction
      • 5.2. global Advanced Lithium Ion Battery (Value)
        • 5.2.1. global Advanced Lithium Ion Battery by: Type (Value)
          • 5.2.1.1. Lithium Cobalt Oxide
          • 5.2.1.2. Lithium Iron Phosphate
          • 5.2.1.3. Lithium Nickel Cobalt Aluminium Oxide
          • 5.2.1.4. Lithium Manganese Oxide
          • 5.2.1.5. Lithium Nickel Manganese Cobalt
          • 5.2.1.6. Lithium Titanate-Oxide
        • 5.2.2. global Advanced Lithium Ion Battery by: Application (Value)
          • 5.2.2.1. Automotive
          • 5.2.2.2. Consumer Electronics
          • 5.2.2.3. Energy Storage System
          • 5.2.2.4. Industrial
        • 5.2.3. global Advanced Lithium Ion Battery by: Capacity (Value)
          • 5.2.3.1. 0-3000 mAh
          • 5.2.3.2. 3000-10000 mAh
          • 5.2.3.3. 10000-60000 mAh
          • 5.2.3.4. 60000 mAh and above
        • 5.2.4. global Advanced Lithium Ion Battery by: Material Used (Value)
          • 5.2.4.1. Cathode Material
          • 5.2.4.2. Anode Material
    • 6. Advanced Lithium Ion Battery: Manufacturers/Players Analysis
      • 6.1. Competitive Landscape
        • 6.1.1. Market Share Analysis
          • 6.1.1.1. Top 3
          • 6.1.1.2. Top 5
      • 6.2. Peer Group Analysis (2022)
      • 6.3. BCG Matrix
      • 6.4. Company Profile
        • 6.4.1. BYD Company limited (China)
          • 6.4.1.1. Business Overview
          • 6.4.1.2. Products/Services Offerings
          • 6.4.1.3. Financial Analysis
          • 6.4.1.4. SWOT Analysis
        • 6.4.2. LG Chem Ltd (South Korea)
          • 6.4.2.1. Business Overview
          • 6.4.2.2. Products/Services Offerings
          • 6.4.2.3. Financial Analysis
          • 6.4.2.4. SWOT Analysis
        • 6.4.3. A123 System LLC (United States)
          • 6.4.3.1. Business Overview
          • 6.4.3.2. Products/Services Offerings
          • 6.4.3.3. Financial Analysis
          • 6.4.3.4. SWOT Analysis
        • 6.4.4. Panasonic Corporation (Japan)
          • 6.4.4.1. Business Overview
          • 6.4.4.2. Products/Services Offerings
          • 6.4.4.3. Financial Analysis
          • 6.4.4.4. SWOT Analysis
        • 6.4.5. Samsung SDI (South Korea)
          • 6.4.5.1. Business Overview
          • 6.4.5.2. Products/Services Offerings
          • 6.4.5.3. Financial Analysis
          • 6.4.5.4. SWOT Analysis
        • 6.4.6. Toshiba Corporation (Japan)
          • 6.4.6.1. Business Overview
          • 6.4.6.2. Products/Services Offerings
          • 6.4.6.3. Financial Analysis
          • 6.4.6.4. SWOT Analysis
        • 6.4.7. Contemporarey Amperex Technology Co. Ltd (China)
          • 6.4.7.1. Business Overview
          • 6.4.7.2. Products/Services Offerings
          • 6.4.7.3. Financial Analysis
          • 6.4.7.4. SWOT Analysis
        • 6.4.8. Hitachi (Japan)
          • 6.4.8.1. Business Overview
          • 6.4.8.2. Products/Services Offerings
          • 6.4.8.3. Financial Analysis
          • 6.4.8.4. SWOT Analysis
        • 6.4.9. Johnson Control (United States)
          • 6.4.9.1. Business Overview
          • 6.4.9.2. Products/Services Offerings
          • 6.4.9.3. Financial Analysis
          • 6.4.9.4. SWOT Analysis
        • 6.4.10. Tianjin Lishen Battery Joint-Stock Co. Ltd (China)
          • 6.4.10.1. Business Overview
          • 6.4.10.2. Products/Services Offerings
          • 6.4.10.3. Financial Analysis
          • 6.4.10.4. SWOT Analysis
    • 7. global Advanced Lithium Ion Battery Sale, by Type, Application, Voltage, Capacity, Material Used and Component (value) (2023-2028)
      • 7.1. Introduction
      • 7.2. global Advanced Lithium Ion Battery (Value)
        • 7.2.1. global Advanced Lithium Ion Battery by: Type (Value)
          • 7.2.1.1. Lithium Cobalt Oxide
          • 7.2.1.2. Lithium Iron Phosphate
          • 7.2.1.3. Lithium Nickel Cobalt Aluminium Oxide
          • 7.2.1.4. Lithium Manganese Oxide
          • 7.2.1.5. Lithium Nickel Manganese Cobalt
          • 7.2.1.6. Lithium Titanate-Oxide
        • 7.2.2. global Advanced Lithium Ion Battery by: Application (Value)
          • 7.2.2.1. Automotive
          • 7.2.2.2. Consumer Electronics
          • 7.2.2.3. Energy Storage System
          • 7.2.2.4. Industrial
        • 7.2.3. global Advanced Lithium Ion Battery by: Capacity (Value)
          • 7.2.3.1. 0-3000 mAh
          • 7.2.3.2. 3000-10000 mAh
          • 7.2.3.3. 10000-60000 mAh
          • 7.2.3.4. 60000 mAh and above
        • 7.2.4. global Advanced Lithium Ion Battery by: Material Used (Value)
          • 7.2.4.1. Cathode Material
          • 7.2.4.2. Anode Material
    • 8. Appendix
      • 8.1. Acronyms
    • 9. Methodology and Data Source
      • 9.1. Methodology/Research Approach
        • 9.1.1. Research Programs/Design
        • 9.1.2. Market Size Estimation
        • 9.1.3. Market Breakdown and Data Triangulation
      • 9.2. Data Source
        • 9.2.1. Secondary Sources
        • 9.2.2. Primary Sources
      • 9.3. Disclaimer
    List of Tables
    • Table 1. Advanced Lithium Ion Battery: by Type(USD Million)
    • Table 2. Advanced Lithium Ion Battery: by Application(USD Million)
    • Table 3. Advanced Lithium Ion Battery: by Capacity(USD Million)
    • Table 4. Advanced Lithium Ion Battery: by Material Used(USD Million)
    • Table 5. Company Basic Information, Sales Area and Its Competitors
    • Table 6. Company Basic Information, Sales Area and Its Competitors
    • Table 7. Company Basic Information, Sales Area and Its Competitors
    • Table 8. Company Basic Information, Sales Area and Its Competitors
    • Table 9. Company Basic Information, Sales Area and Its Competitors
    • Table 10. Company Basic Information, Sales Area and Its Competitors
    • Table 11. Company Basic Information, Sales Area and Its Competitors
    • Table 12. Company Basic Information, Sales Area and Its Competitors
    • Table 13. Company Basic Information, Sales Area and Its Competitors
    • Table 14. Company Basic Information, Sales Area and Its Competitors
    • Table 15. Advanced Lithium Ion Battery: by Type(USD Million)
    • Table 16. Advanced Lithium Ion Battery: by Application(USD Million)
    • Table 17. Advanced Lithium Ion Battery: by Capacity(USD Million)
    • Table 18. Advanced Lithium Ion Battery: by Material Used(USD Million)
    • Table 19. Research Programs/Design for This Report
    • Table 20. Key Data Information from Secondary Sources
    • Table 21. Key Data Information from Primary Sources
    List of Figures
    • Figure 1. Porters Five Forces
    • Figure 2. Supply/Value Chain
    • Figure 3. PESTEL analysis
    • Figure 4. global Advanced Lithium Ion Battery: by Type USD Million (2017-2022)
    • Figure 5. global Advanced Lithium Ion Battery: by Application USD Million (2017-2022)
    • Figure 6. global Advanced Lithium Ion Battery: by Capacity USD Million (2017-2022)
    • Figure 7. global Advanced Lithium Ion Battery: by Material Used USD Million (2017-2022)
    • Figure 8. global Advanced Lithium Ion Battery share by Players 2022 (%)
    • Figure 9. global Advanced Lithium Ion Battery share by Players (Top 3) 2022(%)
    • Figure 10. global Advanced Lithium Ion Battery share by Players (Top 5) 2022(%)
    • Figure 11. BCG Matrix for key Companies
    • Figure 12. BYD Company limited (China) Revenue, Net Income and Gross profit
    • Figure 13. BYD Company limited (China) Revenue: by Geography 2022
    • Figure 14. LG Chem Ltd (South Korea) Revenue, Net Income and Gross profit
    • Figure 15. LG Chem Ltd (South Korea) Revenue: by Geography 2022
    • Figure 16. A123 System LLC (United States) Revenue, Net Income and Gross profit
    • Figure 17. A123 System LLC (United States) Revenue: by Geography 2022
    • Figure 18. Panasonic Corporation (Japan) Revenue, Net Income and Gross profit
    • Figure 19. Panasonic Corporation (Japan) Revenue: by Geography 2022
    • Figure 20. Samsung SDI (South Korea) Revenue, Net Income and Gross profit
    • Figure 21. Samsung SDI (South Korea) Revenue: by Geography 2022
    • Figure 22. Toshiba Corporation (Japan) Revenue, Net Income and Gross profit
    • Figure 23. Toshiba Corporation (Japan) Revenue: by Geography 2022
    • Figure 24. Contemporarey Amperex Technology Co. Ltd (China) Revenue, Net Income and Gross profit
    • Figure 25. Contemporarey Amperex Technology Co. Ltd (China) Revenue: by Geography 2022
    • Figure 26. Hitachi (Japan) Revenue, Net Income and Gross profit
    • Figure 27. Hitachi (Japan) Revenue: by Geography 2022
    • Figure 28. Johnson Control (United States) Revenue, Net Income and Gross profit
    • Figure 29. Johnson Control (United States) Revenue: by Geography 2022
    • Figure 30. Tianjin Lishen Battery Joint-Stock Co. Ltd (China) Revenue, Net Income and Gross profit
    • Figure 31. Tianjin Lishen Battery Joint-Stock Co. Ltd (China) Revenue: by Geography 2022
    • Figure 32. global Advanced Lithium Ion Battery: by Type USD Million (2023-2028)
    • Figure 33. global Advanced Lithium Ion Battery: by Application USD Million (2023-2028)
    • Figure 34. global Advanced Lithium Ion Battery: by Capacity USD Million (2023-2028)
    • Figure 35. global Advanced Lithium Ion Battery: by Material Used USD Million (2023-2028)
    List of companies from research coverage that are profiled in the study
    • BYD Company limited (China)
    • LG Chem Ltd (South Korea)
    • A123 System LLC (United States)
    • Panasonic Corporation (Japan)
    • Samsung SDI (South Korea)
    • Toshiba Corporation (Japan)
    • Contemporarey Amperex Technology Co. Ltd (China)
    • Hitachi (Japan)
    • Johnson Control (United States)
    • Tianjin Lishen Battery Joint-Stock Co. Ltd (China)
    Additional players considered in the study are as follows:
    Saft (France) , SK Innovation (South Korea) , Automotive Energy Supply Corporation (Japan)
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    Key Highlights of Report


    Apr 2023 216 Pages 59 Tables Base Year: 2022 Coverage: 15+ Companies; 18 Countries

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    Frequently Asked Questions (FAQ):

    The key segments that are playing vital role in Advanced Lithium Ion Battery Market are by type [Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Cobalt Aluminium Oxide, Lithium Manganese Oxide, Lithium Nickel Manganese Cobalt and Lithium Titanate-Oxide], by end use application [Automotive, Consumer Electronics, Energy Storage System and Industrial].
    The Advanced Lithium Ion Battery Market is gaining popularity and expected to see strong valuation by 2028.
    • High Demand of Advanced Lithium Ion Battery in Electronic Device and Vehicles
    • Increasing Use of Advanced Lithium-Ion Batteries in Power Grid and Energy Storage System

    Know More About global Advanced Lithium Ion Battery Market Report?