About Prismatic Cell Battery
Prismatic cell batteries are made up of many positive and negative electrodes sandwiched together leaving more possibility for short circuit and inconsistency. These batteries satisfy the demand for thinner sizes and lower manufacturing costs. It is packaged in a welded aluminum housing, the cells deliver capacities of 20 to 20Ah and are primarily used for electric powertrains in hybrid and electric vehicles. These cells require a slightly thicker wall size to compensate for the decreased mechanical stability from the cylindrical design, resulting in a small capacity drop.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that Chinese Manufacturers will contribute the maximum growth to Global Prismatic Cell Battery market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sanyo Electric Co., Ltd. (Japan), Samsung SDI Co (South Korea), LG Chem Ltd. (South Korea), Sony (Japan), Hitachi, Ltd. (Japan), Tianjin Lishen Battery Joint-Stock Co., Ltd. (China), OptimumNano Energy Co., Ltd (China), DLG Electronics (United Kingdom), Shenzhen Zhuoneng New Energy Technology Co., Ltd. (China) and Shenzhen Cham Battery Technology 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 coverage are Padre Electronic (China).
Segmentation Overview
AMA Research has segmented the market of Global Prismatic Cell Battery market by Type (LiCoO2 Battery, NMC/NCA Battery, LiFePO4 Battery and Others), Application (Portable, Automobile and Industrial) and Region.
On the basis of geography, the market of Prismatic Cell Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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 Distribution Channel, the sub-segment i.e. Online Channel will boost the Prismatic Cell Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Batteries with Improved Features
Market Growth Drivers:
Lightness and Effective Use of Space and High Demand for Mobile Phones, Tablets and Lightweight Electronic Devices
Challenges:
More Vulnerability to Swelling
Restraints:
Slightly Higher Manufacturing Costs
Opportunities:
Growing Consumer Electronics Market and Rising Demand for Portable Devices
Market Leaders and their expansionary development strategies
In August 2022, Schuler, member of international technology Group ANDRITZ, has acquired the Italian Sovema Group to become a leading systems supplier of battery cell manufacturing solutions. The acquisition will develop the capabilities needed to equip gigafactories for the mass production of lithium-ion batteries, whose large-scale availability is essential for the success of eco-friendly e-mobility on the road.
The South Korean battery cell manufacturer SK On launched prismatic cell production. Pouch cells with their relatively thin foil pouches are quite widespread in electric cars, they are used in a wide variety of vehicles and .
Key Target Audience
Prismatic Cell Battery Manufacturers, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and End-user
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.