GLOBAL INDUSTRIAL LITHIUM-ION BATTERY MARKET

 

INTRODUCTION

Lithium ions move back and forth between the negative (anode) and positive (cathode) electrodes of a lithium-ion battery during charging and discharging.

 

One rechargeable battery is a lithium-ion one. Consumer gadgets like smartphones and PCs, industrial robots, factory machinery, and automobiles all employ lithium-ion batteries because they are excellent for storing high-capacity electricity.

 

The advantages of Lithium-ion batteries are that Li-ion batteries require little upkeep and do not need to be cycled on a regular basis to extend their life, they can produce a lot of current for high-power applications.

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GLOBAL INDUSTRIAL LITHIUM-ION BATTERY MARKET SIZE AND FORECAST

 

The global industrial lithium-ion battery market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

 

NEW PRODUCT LAUNCH

A new inverter series called Li-ON, an integrated inverter with lithium-ion batteries, has been launched by Luminous Power Technologies, the industry innovator in energy solutions.

 

The new Li-ion battery-powered series, which is being hailed as the industry’s power storage of the future, is in line with the concept of an integrated approach to science and technology for a sustainable future.

 

The new inverter series offers high-rated performance with no maintenance and is small, safe, efficient, and effective.

 

Two new lithium ion battery cells and improved Gen 4 battery packs have been added to Microvast Holdings, Inc.’s product lineup.

 

The new 48Ah and 53.5Ah NMC Li-ion battery cells were created  to satisfy the many technical specifications needed to power commercial and speciality vehicles. In comparison to its predecessor, the MpCO-48Ah cell delivers a 10% improvement in energy density (205 Wh/kg), as well as 3C fast-charging capability and a cycle life of more than 7,000 cycles.

 

The HPCO-53.5Ah cell offers 1C quick charging and has a remarkable energy density of 235 Wh/kg and a life that can go over 5,000 cycles.

 

RECENT DEVELOPMENT AND INNOVATION

The newest automaker with plans to produce lithium-ion batteries in the United States is Honda. The automaker announced that it is establishing a joint venture with LG Energy Solutions to supply “pouch type” batteries to the North American market for use in its Honda and Acura brands’ electric vehicles.

 

The joint venture seeks to begin construction as soon as possible and is anticipated to start by the end of the year, pending regulatory approval.

 

In Indiana, a lithium-ion battery manufacturing facility will be built in collaboration by Stellantis and Samsung SDI. The project, Stellantis’ first battery plant in the United States and fifth worldwide, will result in new jobs.

 

The newest factory will open in the coming years close to Stellantis’ engine, casting, and transmission plants in Kokomo, Indiana, where the business is also investing to make electrified, eight-speed transmissions to help it achieve its goal of having more than half of its sales in the United States come from EVs.

 

Hyundai’s blockbuster revealed its intentions to invest in North American mobility innovation, including a factory for making batteries and EVs outside Savannah, Georgia. The project is the largest economic development deal the Peach State has ever attracted.

 

The goal of the international behemoth to ramp up the production of electric vehicles will be supported by Stellantis’ joint venture with the South Korean battery manufacturer in Indiana.

 

A national workforce development strategy for lithium-battery manufacturing has been launched, according to the U.S. Department of Energy (DOE), in collaboration with the U.S. Department of Labor and the AFL-CIO. In exchange for funding, DOE will support up to five pilot training initiatives in the energy and automotive sectors and advance labor-management alliances for the domestic lithium battery supply chain.

 

COMPANY PROFILE

 

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost per global industrial lithium-ion battery market right now and how will it change in the next 5-6 years?
  2. Average cost to set up a global industrial lithium-ion battery market in the US, Europe and China?
  3. How many global industrial lithium-ion battery markets are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally?
  5. Cost breakup of a global industrial lithium-ion battery market and key vendor selection criteria
  6. Where is the global industrial lithium-ion battery market manufactured? What is the average margin per equipment?
  7. Market share of global industrial lithium-ion battery market manufacturers and their upcoming products
  8. The most important planned global industrial lithium-ion battery market in next 2 years
  9. Details on network of major global industrial lithium-ion battery market and pricing plans
  10. Cost advantage for OEMs who manufacture global industrial lithium-ion battery market in-house
  11. 5 key predictions for next 5 years in global industrial lithium-ion battery market
  12. Average B-2-B global industrial lithium-ion battery market price in all segments
  13. Latest trends in global industrial lithium-ion battery market, by every market segment
  14. The market size (both volume and value) of the global industrial lithium-ion battery market in 2022-2030 and every year in between?
  15. Global production breakup of global industrial lithium-ion battery market, by suppliers and their OEM relationship
Sl no Topic
1 Market Segmentation
2 Scope of the report
3 Abbreviations
4 Research Methodology
5 Executive Summary
6 Introduction
7 Insights from Industry stakeholders
8 Cost breakdown of Product by sub-components and average profit margin
9 Disruptive innovation in the Industry
10 Technology trends in the Industry
11 Consumer trends in the industry
12 Recent Production Milestones
13 Component Manufacturing in US, EU and China
14 COVID-19 impact on overall market
15 COVID-19 impact on Production of components
16 COVID-19 impact on Point of sale
17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
21 Product installation rate by OEM, 2022
22 Incline/Decline in Average B-2-B selling price in past 5 years
23 Competition from substitute products
24 Gross margin and average profitability of suppliers
25 New product development in past 12 months
26 M&A in past 12 months
27 Growth strategy of leading players
28 Market share of vendors, 2022
29 Company Profiles
30 Unmet needs and opportunity for new suppliers
31 Conclusion
32 Appendix
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