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FEATURED COMPANIES
- LG Chem Ltd.
- Panasonic Corp.
- Samsung SDI Co. Ltd.
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global 21700 Lithium-ion Battery Market: About this market
The 21700 lithium-ion battery market analysis considers sales from both automotive and others. The analysis also considers the sales of 21700 lithium-ion battery in APAC, America, and EMEA. In 2018, the automotive segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as technological advancements and the decline in lithium-ion battery prices will play a significant role in the automotive segment to maintain its market position. Also, the global 21700 lithium-ion battery market report looks at factors such as improved capacity and performance factor, the shift of the automotive industry toward EVs, and decline in lithium-ion battery cost. However, uncertainties in the competition from other batteries, safety concerns related to lithium-ion batteries, and demand-supply gap of lithium-ion battery components may hamper the growth of the 21700 lithium-ion battery industry over the forecast period.
Global 21700 Lithium-ion Battery Market: Overview
The decline in lithium-ion battery cost
The increased adoption of battery technology by the automotive industry as well as the development of cost-effective production methods has resulted in the decline in lithium-ion battery cost. Therefore, cost reductions coupled along with the rising demand for lithium-ion batteries will lead to the expansion of the global 21700 lithium-ion battery market at a CAGR of over 19% during the forecast period.
Growing investment in EV charging infrastructure
The developments associated with charging infrastructures are dependent on various frameworks circling national and supra-national policies and local circumstances. Factors such as targets for setting up charging stations, enactments on regulations, provision of financial aids, and mobilization of funding for installations are the key reasons for supporting the development of infrastructure of EVs. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of a few major players, the global 21700 lithium-ion battery market is concentrated. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading 21700 lithium-ion battery manufacturers, that include LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., Shenzhen BAK Power Battery Co. Ltd., Tianjin Lishen Battery Co. Ltd.
Also, the 21700 lithium-ion battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The 21700 lithium-ion battery market analysis considers sales from both automotive and others. The analysis also considers the sales of 21700 lithium-ion battery in APAC, America, and EMEA. In 2018, the automotive segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as technological advancements and the decline in lithium-ion battery prices will play a significant role in the automotive segment to maintain its market position. Also, the global 21700 lithium-ion battery market report looks at factors such as improved capacity and performance factor, the shift of the automotive industry toward EVs, and decline in lithium-ion battery cost. However, uncertainties in the competition from other batteries, safety concerns related to lithium-ion batteries, and demand-supply gap of lithium-ion battery components may hamper the growth of the 21700 lithium-ion battery industry over the forecast period.
Global 21700 Lithium-ion Battery Market: Overview
The decline in lithium-ion battery cost
The increased adoption of battery technology by the automotive industry as well as the development of cost-effective production methods has resulted in the decline in lithium-ion battery cost. Therefore, cost reductions coupled along with the rising demand for lithium-ion batteries will lead to the expansion of the global 21700 lithium-ion battery market at a CAGR of over 19% during the forecast period.
Growing investment in EV charging infrastructure
The developments associated with charging infrastructures are dependent on various frameworks circling national and supra-national policies and local circumstances. Factors such as targets for setting up charging stations, enactments on regulations, provision of financial aids, and mobilization of funding for installations are the key reasons for supporting the development of infrastructure of EVs. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of a few major players, the global 21700 lithium-ion battery market is concentrated. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading 21700 lithium-ion battery manufacturers, that include LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., Shenzhen BAK Power Battery Co. Ltd., Tianjin Lishen Battery Co. Ltd.
Also, the 21700 lithium-ion battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- LG Chem Ltd.
- Panasonic Corp.
- Samsung SDI Co. Ltd.
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- LG Chem Ltd.
- Panasonic Corp.
- Samsung SDI Co. Ltd.
The following companies are recognised as the key players in the global 21700 lithium-ion battery market: LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., Shenzhen BAK Power Battery Co. Ltd., Tianjin Lishen Battery Co. Ltd.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing investment in EV charging infrastructure.”
According to the report, one of the major drivers for this market is the decline in lithium-ion battery cost.
Further, the report states that one of the major factors hindering the growth of this market is the competition from other batteries.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing investment in EV charging infrastructure.”
According to the report, one of the major drivers for this market is the decline in lithium-ion battery cost.
Further, the report states that one of the major factors hindering the growth of this market is the competition from other batteries.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- LG Chem Ltd.
- Panasonic Corp.
- Samsung SDI Co. Ltd.
- Shenzhen BAK Power Battery Co. Ltd.
- Tianjin Lishen Battery Co. Ltd.
Note: Product cover images may vary from those shown
