GLOBAL HLM BATTERY MARKET

INTRODUCTION

A widespread form of rechargeable lithium-ion battery used in electronic devices like laptops, cell phones, and other portable devices is the HLM battery.

They are renowned for having a high energy density, which means that they have a higher volumetric energy storage capacity than other kinds of batteries. This makes them the perfect option for portable gadgets that need a lot of energy to run for a long time.

HLM batteries are a dependable and affordable option for many applications due to its extended lifespan and ability to survive several charge and discharge cycles. They are widely employed in a wide range of electronic gadgets and are well-liked in the consumer electronics sector.

GLOBAL HLM BATTERY MARKET SIZE AND FORECAST

Global HLM battery market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

High energy density batteries with a cheap cost are available thanks to the HLM technology. Nickel, manganese, and cobalt (NMC) batteries are used in electric vehicles, and Umicore sees this as a complementing product to such batteries.

In comparison to lithium iron phosphate (LFP), the HLM technology is anticipated to offer a lower total cost of ownership due to its longer ranges, comparable safety, more dependable state-of-charge monitoring, and improved recyclability.

For a number of years, Umicore has been attempting to commercialise manganese-focused battery technology. The business and BASF entered into a non-exclusive patent cross-licensing arrangement in that covers the HLM technology.

This action is anticipated to hasten the advancement of the HLM technology and aid Umicore in meeting its objective of delivering HLM batteries for electric vehicles of commercial quality.

In order to meet the rising demand for batteries for electric vehicles, Umicore has ambitious plans to increase the production of cathode active materials. With its factories in Poland and Korea, Umicore now creates active cathode materials based on NMC.

A new CAM plant has been established by the firm in Nysa, Poland, with a capacity for 20 GWh of annual production by the end and up to 200 GWh in the years that follow.

COMPANY PROFILE

• Tesla
• LG Chem
• Samsung SDI
• Panasonic
• BYD Company
• CATL
• A123 Systems
• GS Yuasa Corporation
• Johnson Controls
• Saft Batteries

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many HLM battery are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global HLM battery and key vendor selection criteria
3. Where is the HLM battery manufactured? What is the average margin per unit?
4. Market share of Global HLM battery market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global HLM battery in-house
6. key predictions for next 5 years in Global HLM battery market
7. Average B-2-B HLM battery market price in all segments
8. Latest trends in HLM battery market, by every market segment
9. The market size (both volume and value) of the HLM battery market in 2023-2030 and every year in between?
10. Production breakup of HLM battery market, by suppliers and their OEM relationship