Largest Lithium ion Battery Manufacturers

Lithium-ion batteries require low-maintenance and they utilize interrelated lithium compound as electrodes. As these batteries are relatively lighter than their counterparts, they are utilized in a vast array of products such as automobiles, mobile devices, pacemakers and personal computers. According to the global lithium-ion market report by IMARC Group, the market reached a value of US$ 28.5 Billion in 2018.

With the rising internet penetration and inflating income levels of consumers, the sales of portable electronic devices like mobiles and laptops are continually increasing which, in turn, is strengthening the growth of the lithium-ion battery market worldwide. Moreover, consumers nowadays are shifting from conventional automobiles to electric vehicles that use lithium-ion batteries to operate. This can be accredited to the growing awareness among users about reduced greenhouse gas emissions associated with the use of electric vehicles. Looking forward, the global lithium-ion battery market size is further projected to reach US$ 53.8 Billion by 2024, at a CAGR of 11% during 2019-2024.

Some of the top lithium-ion battery manufacturers are:

A123 Systems
Automotive Energy Supply Corp.
LG Chem
PanasonicSamsung SDI
Panasonic
Toshiba
Amperex Technology (ATL)
BAK Group
Blue Energy
BYD

Source: IMARC Group

About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US
IMARC Group
Email: [email protected]
Tel No:(D) +91 120 433 0800 | www.imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Linkedin: https://www.linkedin.com/company/imarc-group