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Global Li-ion Battery in Transportation Sector Market Growth 2024-2030

Global Li-ion Battery in Transportation Sector Market Growth 2024-2030

Product Code:789669

Published Date: Jan 02,2024

Pages: 137

Region: Global

Category: Automobile & Transportation

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According to our LPI (LP Information) latest study, the global Li-ion Battery in Transportation Sector market size was valued at US$ million in 2023. With growing demand in downstream market, the Li-ion Battery in Transportation Sector is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.

The research report highlights the growth potential of the global Li-ion Battery in Transportation Sector market. Li-ion Battery in Transportation Sector are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Li-ion Battery in Transportation Sector. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Li-ion Battery in Transportation Sector market.

Lithium ion (Li-ion) batteries are commonly used type of rechargeable batteries with twice the energy density of Nickel-Cadmium batteries and greater stability and safety. Lithium (Li) is the lightest of all metals, has the greatest electrochemical potential, and provides the largest energy density for weight.

China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.

Key Features:
The report on Li-ion Battery in Transportation Sector market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Li-ion Battery in Transportation Sector market. It may include historical data, market segmentation by Type (e.g., Lithium Cobalt Oxide, Lithium Manganese Oxide), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Li-ion Battery in Transportation Sector market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Li-ion Battery in Transportation Sector market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Li-ion Battery in Transportation Sector industry. This include advancements in Li-ion Battery in Transportation Sector technology, Li-ion Battery in Transportation Sector new entrants, Li-ion Battery in Transportation Sector new investment, and other innovations that are shaping the future of Li-ion Battery in Transportation Sector.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Li-ion Battery in Transportation Sector market. It includes factors influencing customer ' purchasing decisions, preferences for Li-ion Battery in Transportation Sector product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Li-ion Battery in Transportation Sector market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Li-ion Battery in Transportation Sector market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Li-ion Battery in Transportation Sector market. 
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Li-ion Battery in Transportation Sector industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Li-ion Battery in Transportation Sector market.

Market Segmentation:
Li-ion Battery in Transportation Sector market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
    Lithium Cobalt Oxide
    Lithium Manganese Oxide
    Lithium Iron Phosphate
    Lithium Nickel Manganese Cobalt Oxide
    Lithium Nickel Cobalt Aluminum Oxide
    Lithium Titanate

Segmentation by application
    Vehicle
    Airplane
    Ship
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    AESC
    Blue Energy
    BMZ
    BYD
    China BAK Battery
    Coslight
    GS Yuasa
    Johnson Controls
    Hitachi
    Kokam
    LG Chem
    Li-Tec
    NEC
    Panasonic
    Samsung SDI
    SK Innovation
    Sony
    Tianjin Lishen Battery
    Toshiba

Key Questions Addressed in this Report
What is the 10-year outlook for the global Li-ion Battery in Transportation Sector market?
What factors are driving Li-ion Battery in Transportation Sector market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Li-ion Battery in Transportation Sector market opportunities vary by end market size?
How does Li-ion Battery in Transportation Sector break out type, application?