The market for Lithium ion battery cells in electric vehicles is forecast to be worth nearly $70 billion by 2026 and the report will break down forecasts for electric cars, buses, e-bikes.
The growing environmental concerns regarding conventional vehicles, governments worldwide are encouraging the use of alternative fuels in vehicles. EVs are zero-emission vehicles and are gaining preference for clean public transport across countries.
Rising Investment in lithium ion battery (LIB) to meet the demand increase from subsidy driven EV sales
A lithium-ion (Li-ion) battery is an advanced battery technology that uses lithium ions as a key component of its electrochemistry. During a discharge cycle, lithium atoms in the anode are ionized and separated from their electrons.The lithium ions move from the anode and pass through the electrolyte until they reach the cathode, where they recombine with their electrons and electrically neutralize.
Li-ion batteries can use a number of different combinations of materials as electrodes. The most common electric vehicle battery combination is that of lithium metal nickel hydride (cathode) and graphite (anode).
Lithium ion cells can use different types of cell designs for automotive use. The most common automotive cell design is Prismatic. Prismatic cell type packets provide easy assembling of battery packs and it also provides systematic components to recycle easily.
Some of the services that are in demand with Li-ion batteries:
Some of the Challenges:
Localization of Lithium ion battery manufacturing:
Some of the opportunities:
Some of the Restraints:
The passenger cars segment is expected to lead the lithium ion battery (LIB) for electric vehicle battery market in Asia Pacific due to the high adoption rate of EVs in China.
The study presents a detailed analysis of various factors that affect Global Lithium Ion Battery for Electric Vehicle Market revenue. The study also comprehensively analyses the lithium ion battery for electric vehicle market by segmenting it based on geography (Asia-Pacific, North America, Africa, Europe, ROW), based on Lithium-ion cell (lithium nickel metal hydride,lithium phosphate,lithium titanate,Solid state lithium),based on design (Cylindrical,Prismatic,Polymer),based on Automotive(car,bike,marine,material handling).
Blackridge Research's Global Lithium Ion Battery for Electric Vehicle Market report provides insights into the current global and regional market demand scenario and its outlook.
The report also addresses present and future market opportunities, market trends, developments, on the Global Lithium Ion Battery for Electric Vehicle Market, critical commercial developments, trends, regions, and segments poised for the fastest-growing, competitive landscape.
Further, the report will include the Global Lithium Ion Battery for Electric Vehicle Market size (CAGR), demand forecast, growth rates.
1. Executive Summary
2. Research Scope and Methodology
3. Market Analysis
4. Industry Analysis
5. Market Segmentation & Forecast
6. Regional Market Analysis
7. Key Company Profiles
8. Competitive Landscape
9. Conclusions and Recommendations
List of Tables & Figures
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