Title: Lithium Ion Battery Market
1Lithium Ion Battery Market Forecast (2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
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- The global Lithium Ion Battery Market is
estimated to surpass 98.5 billion mark by 2026
growing at an estimated CAGR of more than 10.1
during the forecast period 2021 to 2026. - Lithium ion batteries are the secondary
(Rechargeable) batteries commonly used in
consumer electronics such as cell phones,
laptops, tablets and other portable devices. - Lithium Polymer battery is also categorized
under lithium - ion batteries. - The lithium-ion battery market is owing to the
growing emphasis on electric vehicles throughout
the world.
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- Key Takeaways
- For many years now, lithium batteries have been a
trusted power source in various industries. LFP
batteries are used in applications such as
smartphones, watches, computers and tablets.
Lithium is used in lightweight marine batteries,
solar batteries and electric vehicle batteries
thus driving their potential recycling. - High Energy Density and Improved Safety offered
by Lithium Cobalt Oxide batteries has driven
their adoption. However their Short Lifespan,
limited charging and discharging capacity limits
their adoption.
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By Distribution Channel- Segment Analysis The
advancement in technology and the rising need of
electric vehicles has raised the demand for
lithium-ion battery. Lithium-ion battery play an
important role in charging the various types of
electric vehicles. Moreover, the rising electric
vehicle production and sales, in order to reduce
carbon emissions and toxicity level has led to
the growing demand for automotive Lithium Ion
Battery Recycling during the forecast period.
Also, the announcement of tax exemptions by
government bodies on EVs powered by lithium ion
batteries are expected to provide opportunities
for the automotive Lithium Ion Battery Market.
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- Lithium Ion Battery Industry Outlook
- Umicore
- Glencore International AG
- International Metals Reclamation Company
- LLC /INMETCO
- Retriev Technologies
- Raw Materials Company
- Li-Cycle
- Northvolt
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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