The global market size of Polymer Lithium-Ion Battery is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2025 with a CAGR of XX% from 2019 to 2025.
A polymer lithium-ion battery is a rechargeable battery of lithium-ion technology that relies on a polymer electrolyte instead of a liquid electrolyte. These batteries are used in personal electronics such as mobile devices, power banks, laptop computers, portable media players, wireless controllers for video game consoles, wireless PC peripherals, and electronic cigarettes; electric and hybrid vehicles; and radio-controlled aircraft.
Increasing adoption of smartphones is expected to propel growth of the global polymer lithium-ion battery market over the forecast period. For instance, according to Pew Research Center, as of February 2019, 81% of U.S. adults used smartphones compared to 77% i6n October 2018. Moreover, increasing sale of personal computers is also expected to aid in growth of the global polymer lithium-ion battery market. For instance, according to Gartner, Inc., worldwide PC shipments totaled 70.6 million units in the fourth quarter of 2019, a 2.3% increase from the fourth quarter of 2018.
Significant growth in the electronics market is expected to offer lucrative growth opportunities for players in the global polymer lithium-ion battery market. For instance, according to India Brand Equity Foundation, the electronics market in India is expected to witness a CAGR of 24.4% during 2012–20. Moreover, increasing launch of video game consoles is also expected to aid in growth of the global polymer lithium-ion battery market. For instance, the Sony PlayStation 5 is expected to be launched in 2020.
Launch of electric vehicles is boosting demand for polymer lithium-ion battery. For instance, in January 2020, Great Wall Motor, a China-based automobile manufacturer, announced to launch its electric car Ora R1 in India in 2020.
However, polymer lithium-ion battery is prone to overcharge, over-discharge, over-temperature, short circuit, crush and nail penetration. Such drawbacks are expected to hinder growth of the global polymer lithium-ion battery market.
Major players in the global polymer lithium-ion battery market are witnessing increase in sales revenue. For instance, according to SNE Research’s August 2020 report, sales at LG Chem increased 83% to 10.5 gigawatt hours, lifted by rising demand for Tesla's Model 3 sedans in China as well as for Renault's Zoe small car.
Key Takeaways
- Increasing adoption of smartphones is expected to propel growth of the global polymer lithium-ion battery market over the forecast period
- Major players in the global polymer lithium-ion battery market are focused on adopting partnership strategies to enhance their market share. For instance, in August 2019, LG Chem partnered with Tesla to supply batteries for Gigafactory 3 in China.
- Major players operating in the global polymer lithium-ion battery market include, Johnson Controls, LG Chem, GS Yuasa Corp, EnterDel, Boston Power, and Sony
Global Polymer Lithium-Ion Battery Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Polymer Lithium-Ion Battery industry.
The key insights of the report:
1.The report provides key statistics on the market status of the Polymer Lithium-Ion Battery manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2025 market development trends of Polymer Lithium-Ion Battery industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Polymer Lithium-Ion Battery Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Polymer Lithium-Ion Battery as well as some small players. At least 10 companies are included:
* Johnson Controls
* LG Chem
* GS Yuasa Corp
* EnterDel
* Boston Power
* Sony
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Polymer Lithium-Ion Battery market
* Cylindrical Battery
* Prismatic Battery
For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.
* Application I
* Application II
* Application III
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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