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Lithium-ion Battery Market by Component, End-use Industry and Industrial: Global Opportunity Analysis and Industry Forecast, 2019-2027

  • ID: 5118789
  • Report
  • April 2020
  • Region: Global
  • 319 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • A123 Systems LLC.
  • Hitachi Chemical Co. Ltd.
  • LG Chem Power (LGCPI)
  • LITEC Co. Ltd.
  • Panasonic Corporation
  • Samsung SDI Co. Ltd.
  • MORE
Global lithium-ion battery market 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 (Lithium-ion) batteries are rechargeable batteries with high energy density and are majorly used in portable equipment. The market for these batteries is expected to witness a significant growth during the forecast period, owing to their increase in use in smartphones, tablets/PCs, digital cameras, and power tools. Moreover, the demand for Lithium-ion batteries in the automobile industry is expected to increase with rise in demand for electric vehicles.

These batteries have gained popularity among the automobile manufacturers, as they offer an alternative to nickel–metal batteries used in electric vehicles, due to their small size and lightweight. Thus, surge in demand for electrical vehicle (EV), hybrid electric vehicle (HEV), and plug-in hybrid vehicle (PHV) is anticipated to foster the adoption of Lithium-ion batteries, thereby driving the growth of the global market. Furthermore, upsurge in penetration of smartphones, tablet, and other sleeker portable electronic devices is expected to fuel the demand for these batteries. However, longer charging times of these batteries used in EV/PHV vehicles and their high price are the key factors that restrict market growth.

On the contrary, increase in energy requirements by consumer gadgets is expected to create numerous growth opportunities for the players operating in the market. With technological advancements, prominent market players are manufacturing various lithium-ion batteries with higher capacity to cater to the increasing demands of battery users. For instance, AES Corporation announced to launch the world’s largest lithium-ion battery capable of providing 400 MW of power. This battery is likely to replace batteries of old gas plants, which were used for power generation.
Moreover, Tesla announced to build a battery plant known as GigaFactory in Nevada, U.S., which is expected to start lithium-ion cell production by 2017. This project is anticipated to reduce the price of Lithium-ion batteries owing to mass production.

The global Lithium-ion battery market is segmented into component, end-use industry, and region. On the basis of component, the market is divided into cathode, anode, electrolytic solution, and others (foils, binders, and separators). By end-use industry, it is categorized into electrical & electronics, automotive, industrial, and others (medical, military, and textile).

Region wise, the lithium-ion battery market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Some of the key players operating in this market include Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI), LITEC Co., Ltd., A123 Systems, LLC, Toshiba Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and GS Yuasa International Ltd.

Key benefits for stakeholders
  • The report provides extensive qualitative and quantitative analyses of the current trends and future estimations of the global lithium ion battery market from 2019 to 2027 to determine the prevailing opportunities
  • Comprehensive analysis of factors that drive and restrict the growth of the market is provided
  • Estimations and forecasts are based on factors impacting market growth, in terms of both value and volume
  • Profiles of leading players operating in the global lithium ion battery market has been provided, and this helps can be useful for understanding the competitive scenario globally
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth
KEY MARKET SEGMENTS

By Component
  • Cathode
  • Anode
  • Electrolytic Solution
  • Others
By End-Use Industry
  • Electrical & Electronics
  • Smartphones, Tablet/PC
  • UPS
  • Others
  • Automotive
  • Cars, Buses, Trucks
  • Scooters & Bikes
  • Trains & Aircrafts
  • Industrial
  • Cranes & Forklift
  • Mining Equipment
  • Smart Grid & Renewable Energy Storage
By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • A123 Systems LLC.
  • Hitachi Chemical Co. Ltd.
  • LG Chem Power (LGCPI)
  • LITEC Co. Ltd.
  • Panasonic Corporation
  • Samsung SDI Co. Ltd.
  • MORE
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models

Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Investment Pockets
2.2. Cxo Perspective

Chapter 3: Market Overview
3.1. Market Definition and Scope
3.3. Key Forces Shaping Global Lithium-Ion Battery Market
3.4. Impact of Government Regulations on Global Lithium-Ion Battery Market
3.5. Value Chain Analysis
3.6. Patent Analysis
3.6.1. By Region (2016–2020
3.1. Case Study
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Surge in Demand for Smartphones, Tablets, and Other Electronic Devices
3.2.1.2. Increase in Demand for Electrical Vehicles/Hybrid Electric Vehicles/Plug-In Hybrid Vehicles (Ev/Hev/Phv)
3.2.2. Restraint
3.2.2.1. High Price of Lithium-Ion Batteries
3.2.3. Opportunity
3.2.3.1. Higher Energy Efficiency Requirements in Technologically Updated Consumer Gadgets

Chapter 4: Lithium-Ion Battery Market, by Component
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Cathode
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.2.1. Market Analysis, by Country
4.3. Anode
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast
4.3.3. Market Analysis, by Country
4.4. Electrolytic Solution
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast
4.4.3. Market Analysis, by Country
4.5. Others
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast
4.5.3. Market Analysis, by Country

Chapter 5: Lithium-Ion Battery Market, by End-Use Industry
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Electrical & Electronics
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Smartphones & Tablet/Pc
5.2.3.1. Key Market Trends, Growth Factors, and Opportunities
5.2.3.2. Market Size and Forecast, by Region
5.2.4. Ups
5.2.4.1. Key Market Trends, Growth Factors, and Opportunities
5.2.4.2. Market Size and Forecast, by Region
5.2.5. Others
5.2.5.1. Key Market Trends, Growth Factors, and Opportunities
5.2.5.2. Market Size and Forecast, by Region
5.2.6. Market Analysis, by Country
5.3. Automotive
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Cars, Buses, & Trucks
5.3.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.3.2. Market Size and Forecast, by Region
5.3.4. Scooters & Bikes
5.3.4.1. Key Market Trends, Growth Factors, and Opportunities
5.3.4.2. Market Size and Forecast, by Region
5.3.5. Trains & Aircraft
5.3.5.1. Key Market Trends, Growth Factors, and Opportunities
5.3.5.2. Market Size and Forecast, by Region
5.3.6. Market Analysis, by Country
5.4. Industrial
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Cranes & Forklift
5.4.3.1. Key Market Trends, Growth Factors, and Opportunities
5.4.3.2. Market Size and Forecast, by Region
5.4.4. Mining Equipment
5.4.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.4.2. Market Size and Forecast, by Region
5.4.5. Smart Grid & Renewable Energy Storage
5.4.5.1. Key Market Trends, Growth Factors, and Opportunities
5.4.5.2. Market Size and Forecast, by Region
5.4.6. Market Analysis, by Country
5.5. Others
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Analysis, by Country

Chapter 6: Lithium-Ion Battery Market, by Region
6.1. Overview
6.1.1. Market Size and Forecast
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Component
6.2.3. Market Size and Forecast, by End-Use Industry
6.2.3.1. Market Size and Forecast, by Electrical & Electronics
6.2.3.2. Market Size and Forecast, by Automotive
6.2.3.3. Market Size and Forecast, by Industrial
6.2.4. Market Size and Forecast, by Country
6.2.5. U. S.
6.2.5.1. Market Size and Forecast, by Component
6.2.5.2. Market Size and Forecast, by End-Use Industry
6.2.5.2.1. Market Size and Forecast, by Electrical & Electronics
6.2.5.2.2. Market Size and Forecast, by Automotive
6.2.5.2.3. Market Size and Forecast, by Industrial
6.2.6. Canada
6.2.6.1. Market Size and Forecast, by Component
6.2.6.2. Market Size and Forecast, by End-Use Industry
6.2.6.2.1. Market Size and Forecast, by Electrical & Electronics
6.2.6.2.2. Market Size and Forecast, by Automotive
6.2.6.2.3. Market Size and Forecast, by Industrial
6.2.7. Mexico
6.2.7.1. Market Size and Forecast, by Component
6.2.7.2. Market Size and Forecast, by End-Use Industry
6.2.7.2.1. Market Size and Forecast, by Electrical & Electronics
6.2.7.2.2. Market Size and Forecast, by Automotive
6.2.7.2.3. Market Size and Forecast, by Industrial
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Component
6.3.3. Market Size and Forecast, by End-Use Industry
6.3.3.1. Market Size and Forecast, by Electrical & Electronics
6.3.3.2. Market Size and Forecast, by Automotive
6.3.3.3. Market Size and Forecast, by Industrial
6.3.4. Market Size and Forecast, by Country
6.3.5. Germany
6.3.5.1. Market Size and Forecast, by Component
6.3.5.2. Market Size and Forecast, by End-Use Industry
6.3.5.2.1. Market Size and Forecast, by Electrical & Electronics
6.3.5.2.2. Market Size and Forecast, by Automotive
6.3.5.2.3. Market Size and Forecast, by Industrial
6.3.6. UK
6.3.6.1. Market Size and Forecast, by Component
6.3.6.2. Market Size and Forecast, by End-Use Industry
6.3.6.2.1. Market Size and Forecast, by Electrical & Electronics
6.3.6.2.2. Market Size and Forecast, by Automotive
6.3.6.2.3. Market Size and Forecast, by Industrial
6.3.7. France
6.3.7.1. Market Size and Forecast, by Component
6.3.7.2. Market Size and Forecast, by End-Use Industry
6.3.7.2.1. Market Size and Forecast, by Electrical & Electronics
6.3.7.2.2. Market Size and Forecast, by Automotive
6.3.7.2.3. Market Size and Forecast, by Industrial
6.3.8. Spain
6.3.8.1. Market Size and Forecast, by Component
6.3.8.2. Market Size and Forecast, by End-Use Industry
6.3.8.2.1. Market Size and Forecast, by Electrical & Electronics
6.3.8.2.2. Market Size and Forecast, by Automotive
6.3.8.2.3. Market Size and Forecast, by Industrial
6.3.9. Russia
6.3.9.1. Market Size and Forecast, by Component
6.3.9.2. Market Size and Forecast, by End-Use Industry
6.3.9.2.1. Market Size and Forecast, by Electrical & Electronics
6.3.9.2.2. Market Size and Forecast, by Automotive
6.3.9.2.3. Market Size and Forecast, by Industrial
6.3.10. Rest of Europe
6.3.10.1. Market Size and Forecast, by Component
6.3.10.2. Market Size and Forecast, by End-Use Industry
6.3.10.2.1. Market Size and Forecast, by Electrical & Electronics
6.3.10.2.2. Market Size and Forecast, by Automotive
6.3.10.2.3. Market Size and Forecast, by Industrial
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Component
6.4.3. Market Size and Forecast, by End-Use Industry
6.4.3.1. Market Size and Forecast, by Electrical & Electronics
6.4.3.2. Market Size and Forecast, by Automotive
6.4.3.3. Market Size and Forecast, by Industrial
6.4.4. Market Size and Forecast, by Country
6.4.5. China
6.4.5.1. Market Size and Forecast, by Component
6.4.5.2. Market Size and Forecast, by End-Use Industry
6.4.5.2.1. Market Size and Forecast, by Electrical & Electronics
6.4.5.2.2. Market Size and Forecast, by Automotive
6.4.5.2.3. Market Size and Forecast, by Industrial
6.4.6. Japan
6.4.6.1. Market Size and Forecast, by Component
6.4.6.2. Market Size and Forecast, by End-Use Industry
6.4.6.2.1. Market Size and Forecast, by Electrical & Electronics
6.4.6.2.2. Market Size and Forecast, by Automotive
6.4.6.2.3. Market Size and Forecast, by Industrial
6.4.7. India
6.4.7.1. Market Size and Forecast, by Component
6.4.7.2. Market Size and Forecast, by End-Use Industry
6.4.7.2.1. Market Size and Forecast, by Electrical & Electronics
6.4.7.2.2. Market Size and Forecast, by Automotive
6.4.7.2.3. Market Size and Forecast, by Industrial
6.4.8. South Korea
6.4.8.1. Market Size and Forecast, by Component
6.4.8.2. Market Size and Forecast, by End-Use Industry
6.4.8.2.1. Market Size and Forecast, by Electrical & Electronics
6.4.8.2.2. Market Size and Forecast, by Automotive
6.4.8.2.3. Market Size and Forecast, by Industrial
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast, by Component
6.4.9.2. Market Size and Forecast, by End-Use Industry
6.4.9.2.1. Market Size and Forecast, by Electrical & Electronics
6.4.9.2.2. Market Size and Forecast, by Automotive
6.4.9.2.3. Market Size and Forecast, by Industrial
6.5. LAMEA
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Component
6.5.3. Market Size and Forecast, by End-Use Industry
6.5.3.1. Market Size and Forecast, by Electrical & Electronics
6.5.3.2. Market Size and Forecast, by Automotive
6.5.3.3. Market Size and Forecast, by Industrial
6.5.4. Market Size and Forecast, by Country
6.5.5. Brazil
6.5.5.1. Market Size and Forecast, by Component
6.5.5.2. Market Size and Forecast, by End-Use Industry
6.5.5.2.1. Market Size and Forecast, by Electrical & Electronics
6.5.5.2.2. Market Size and Forecast, by Automotive
6.5.5.2.3. Market Size and Forecast, by Industrial
6.5.6. Saudi Arabia
6.5.6.1. Market Size and Forecast, by Component
6.5.6.2. Market Size and Forecast, by End-Use Industry
6.5.6.2.1. Market Size and Forecast, by Electrical & Electronics
6.5.6.2.2. Market Size and Forecast, by Automotive
6.5.6.2.3. Market Size and Forecast, by Industrial
6.5.7. South Africa
6.5.7.1. Market Size and Forecast, by Component
6.5.7.2. Market Size and Forecast, by End-Use Industry
6.5.7.2.1. Market Size and Forecast, by Electrical & Electronics
6.5.7.2.2. Market Size and Forecast, by Automotive
6.5.7.2.3. Market Size and Forecast, by Industrial
6.5.8. Rest of LAMEA
6.5.8.1. Market Size and Forecast, by Component
6.5.8.2. Market Size and Forecast, by End-Use Industry
6.5.8.2.1. Market Size and Forecast, by Electrical & Electronics
6.5.8.2.2. Market Size and Forecast, by Automotive
6.5.8.2.3. Market Size and Forecast, by Industrial

Chapter 7: Competitive Landscape
7.1. Introduction
7.1.1. Market Player Positioning, 2018
7.2. Top Winning Strategies
7.2.1. Top Winning Strategies, by Year
7.2.2. Top Winning Strategies, by Development
7.2.3. Top Winning Strategies, by Company
7.3. Product Mapping of Top 10 Players
7.4. Competitive Heatmap
7.5. Key Developments
7.5.1. New Product Launches
7.5.2. Expansions
7.5.3. Mergers and Acquisition
7.5.4. Agreement
7.5.5. Collaboration
7.5.6. Partnership

Chapter 8: Company Profiles
8.1. Cbak Energy Technology, Inc.
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Product Portfolio
8.1.4. Business Performance
8.2. Gs Yuasa International Ltd.
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Product Portfolio
8.2.5. Business Performance
8.2.6. Key Strategic Moves and Developments
8.3. Hitachi, Ltd.
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Product Portfolio
8.3.5. Business Performance
8.3.6. Key Strategic Moves and Developments
8.4. Lg Chem
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Product Portfolio
8.4.5. Business Performance
8.4.6. Key Strategic Moves and Developments
8.5. Lithium Werks Bv
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Product Portfolio
8.5.4. Key Strategic Moves and Developments
8.6. Panasonic Corporation
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Product Portfolio
8.6.5. Business Performance
8.6.6. Key Strategic Moves and Developments
8.7. Renault Group
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Product Portfolio
8.7.5. Business Performance
8.8. Samsung Sdi Co. Ltd.
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Product Portfolio
8.8.5. Business Performance
8.8.6. Key Strategic Moves and Developments
8.9. Toshiba Corporation
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Product Portfolio
8.9.5. Business Performance
8.9.6. Key Strategic Moves and Developments
8.10. Wanxiang Group Corporation
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Product Portfolio
8.10.4. Key Strategic Moves and Developments
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FEATURED COMPANIES

  • A123 Systems LLC.
  • Hitachi Chemical Co. Ltd.
  • LG Chem Power (LGCPI)
  • LITEC Co. Ltd.
  • Panasonic Corporation
  • Samsung SDI Co. Ltd.
  • MORE
According to the report titled 'Lithium-ion Battery Market by Technology and End-use Industry: Opportunity Analysis and Industry Forecast, 2020-2027', 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 global lithium-ion battery market growth is driven by increase in use of various automobiles such as electric & hybrid vehicles. In addition, the product demand is expected to rise across electrical & electronics industry, owing to surge in penetration of smartphones and laptops.

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. In the current business scenario, efficiency of batteries is one of the vital features that is required for the improved sale of electronic devices across the globe. Primarily, smartphones, tablets, and laptop/PCs are witnessing higher sales, compared to other electronic gadgets, due to their improved performance coupled with low prices. Battery back-up is considered as one of the important features consumers enquire before buying any tablet, mobile phone, or laptop/PC. As Li-ion batteries provide enhanced battery life, they are majorly preferred in smartphone manufacturing, which, in turn, is expected to enhance the product demand over the coming years.

According to Power Tech Systems, the cost of lithium-ion battery is 805.3 USD/KWh, whereas the cost of lead-acid battery is 172.6 USD/KWh. This comparison implies that the cost of lithium-ion batteries is high as compared lead acid battery. From the past five years, the prices of lithium-ion batteries have declined to about 15% per year, due to increase in production volume. However, the prices are still high compared to other conventional batteries, thereby limiting the growth of lithium-ion battery market. As a result of which the adoption rate of these batteries is slow across different applications. Thus, high price of lithium-ion batteries is restraining the current growth of the market. However, various benefits associated with lithium-ion batteries are expected to increase its adoption in the years to come.

Various components such as cathode, anode, electrolytic solution, and others (foils, binders, and separators) are covered within the scope of the report. The cathode segment was the highest contributor to the market, however, the electrolytic solution segment is predicted grow at the fastest rate during the forecast period.

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 electrical & electronics segment was the highest contributor to the market. Electrical & electronics end-use industry is further segmented into smartphones, tablet/PC, UPS, and others. The automotive segment is estimated to grow with a CAGR of 19.1% in the near future. 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.

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the lithium-ion battery market during the analysis period, owing to rise in demand from consumer electronics segment and increase in number of electric vehicles (EVs) in China, Japan, and India. Lithium-ion batteries are extensively used in the automotive sector in North America and Europe. However, Asia-Pacific and LAMEA regions are expected to grow rapidly, owing to surge in adoption of these batteries in smartphones, tablets, and laptops/PCs.

Key Findings Of The Study

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.

Some of the key players operating in the global lithium-ion battery industry include Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI), LITEC Co., Ltd., A123 Systems, LLC., Toshiba Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and GS Yuasa International Ltd. among others.

Several key players operating in the global lithium-ion battery market are constantly adopting several strategic moves such as business agreements, expansion plans, company mergers & acquisitions, along with various joint ventures, to enhance their position in the market. For instance, in September 2017, Maruti Suzuki India Ltd. collaborated with Toshiba and Denso to starta lithium-ion battery production facility in India. Toshiba is responsible for cell modules in this collaboration.
Note: Product cover images may vary from those shown
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  • Automotive Energy Supply Corporation
  • Panasonic Corporation
  • Samsung SDI Co. Ltd.
  • LG Chem Power (LGCPI)
  • LITEC Co. Ltd.
  • A123 Systems LLC.
  • Toshiba Corporation
  • Hitachi Chemical Co. Ltd.
  • China BAK Battery Co. Ltd.
  • GS Yuasa International Ltd. among others
Note: Product cover images may vary from those shown
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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