Lithium Ion Battery Markets Research Conducted at International Level Pushes Growth Prospects



Description

The goal of this report is to characterize, portray, and estimate the market on the premise of sort, application, therapeutic condition, and area. It gives point-by-point data with respect to the main considerations influencing the development of the market. This report likewise tracks and examines aggressive improvements of the key players regarding market advancements, item portfolios, and financials

Worldwide markets are poised to achieve continuing growth as the advantages brought by using new materials are used to decrease the cost of producing lithium ion batteries.  The customization achieved by reducing the quantity of cobalt proportionally inside the cathode is a significant market growth driver

Lithium-ion Batteries at $100/kWh Make EVs Cheaper Than Traditional Gas-Powered Vehicles.  As the new cathode technologies are applied to lithium ion batteries, the cost of lithium ion batteries will continue to decrease.  Lithium-ion batteries aim to cost $100/kWh, - a cost that makes EVs cheaper than traditional gas-powered vehicles.  Companies are targeting between $80/kWh and $100/kWh.  Realistically companies will likely approach $100/kWh

NMC lithium battery cathode materials are used for electric vehicles.   As the cathode markets develop toward NMC, it is clear the LFP favored by Chinese manufacturers, not suitable for electric vehicles will lose market share.  Current NMC ternary lithium-ion batteries from South Korean and Japanese makers typically employ a ratio of 60% nickel to 20% manganese, and 20% cobalt (6:2:2), but as that ratio moves to 8:1:1 in 2018 and beyond, the cathode is a key element in achieve vast cost efficiencies.

On the basis of product, the market is primarily split into

             Cobalt
             Manganese
             Nickel Cobalt Manganese (NMC)
             Lithium Iron Phosphate (LFP)

Worldwide Lithium Ion Battery cathodes have many applications.  On the basis on the end users/application, this report covers

             Electric Vehicles
             Drones, UAV, UUV
             Power Tools
             Smart Phone Equipment
             Consumer Electronics Products
             Other

Worldwide Lithium Ion Battery cathode market at $5.1 billion market in 2017, is expected to reach $58.8 billion by 2024.

Companies Profiled

Market Leaders

             Sumitomo Metal Mining (SMM)
             Panasonic
             BASF
             Umicore
             NEI Corporation
             LG
             Argonne National Labs
             Easpring
             Mitsubishi Chemical
             Reshine
             Long Power Systems
             Targray
             Toda Kogyo
             Fujitsu
             Pulead
             JFE Chemical
             Samsung
             Hitachi Chemical

Key Topics

             Cathode
             Cobalt
             Lithium Ion Battery
             EV
             Electric Vehicle
             Electric Vehicles
             Drones
             UAV
             UUV
             Power Tools
             Smart Phone Equipment
             Consumer Electronics
             Manganesem
             Nickel Cobalt Manganesem (NMC)
             NMC 811
             NMC 632
             Lithium Iron PhospNMC 632hate (LFP Manganese
             Nickel Cobalt Aluminium (NMA)

This report is a total investigation of ebb and flow inclines in the market, business development drivers, and restrictions. It gives showcase projections to the coming years. It incorporates investigation of late advancements in innovation, Doorman's five power demonstrate examination and point by point profiles of best industry players. The report additionally incorporates a survey of miniaturized scale and large-scale factors fundamental for the current market players and new participants alongside nitty gritty esteem chain examination

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