Lithium-Ion Battery Market
                     Lithium-ion Battery Market by 
Component ,End-use Industry , 
Automotive and Industrial : 
Global Opportunity Analysis 
and Industry Forecast, 2019-
Opportunity Analysis and Industry Forecast, 2016-2023
2027
Pages: 319 Tables: 183 Charts:69 
Global Lithium-Ion Battery Market Outlook (2019 – 2027)
Top Impacting Factors:
• The lithium-ion battery market size was valued $36.7 billion in 2019, and is projected to reach$129.3 billion by 
2027, at a CAGR of 18.0% from 2020 to 2027.
• Lithium-ion batteries are rechargeable in nature, with high energy density. These batteries are majorly used in 
portable electronic devices. 
• The product demand is expected to rise across electrical & electronics industry, owing to surge in penetration of 
smartphones.
• Lithium-ion batteries are widely used in electronic devices such as tablets, laptops, mobile phones, PCs, and 
cameras due to their prolonged service life and high energy density, Among all electronic devices, smartphones, 
tablets, and laptop/PCs are the major segments that use lithium-ion batteries. 
Pages: 319 Tables: 183 Charts:69 
Global Lithium-Ion Market Outlook (2019 – 2027)
• The global lithium-ion battery market is segmented by end-use industry into electrical & 
electronics, automotive, and industrial, with others which include medical, military, and 
textile industries. 
• The automotive end-use segment is further segmented into cars, buses, trucks, scooters & 
bikes, and trains & aircrafts, cranes & forklift, mining equipment, and smart grid & 
renewable energy storage.
•  The electrical & electronics segment was the highest contributor to the market. 
Pages: 319 Tables: 183 Charts:69 
Global Lithium- Ion Battery Market Outlook (2019 – 2027)
Key Findings of The Lithium Ion Battery Market:
•  North America lithium-ion battery market is projected to grow at a rapid CAGR of nearly 18.7% 
during the projected period.
•  Asia-Pacific is anticipated to dominate the global lithium-ion battery market during the entire 
forecast period.
•  Asia-Pacific and North America collectively accounted for around 72.8% lithium-ion battery 
market share in 2019, with the former constituting around 39.9% share.
•  Mexico and the U.S. are expected to witness considerable CAGRS of 19.9% and 18.5%, 
respectively, during the forecast period .
Pages: 319 Tables: 183 Charts:69 
Global Lithium Ion Battery Market Outlook (2019– 2027)
The key players profiled in the report include:
•  LG CHEM
•  HITACHI LTD
•  WANXIANG GROUP CORPORATION
•  SAMSUNG SDI CO. LTD
•  CBAK ENERGY TECHNOLOGY INC
•  RENAULT GROUP
•  PANASONIC CORPORATION
•  GSYUASA INTERNATIONAL LTD
•  TOSHIBA CORPORATION
•  LITHIUM WERKS BV
Pages: 319 Tables: 183 Charts:69 
Global Lithium-Ion Battery Market Outlook (2019– 2027)
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