Asia-Pacific Lithium Ion Battery Market was valued at USD 25,293.82 million in 2021 and is expected to reach USD 125,036.54 million by 2029, registering a CAGR of 16.80% during the forecast period of 2022-2029

Market Analysis and Size

Lithium ion battery has been in high demand in the past few years as it delivers high open-circuit voltage and a good energy-to-weight ratio. These batteries do not require scheduled cycling to enhance its service life. Lithium ion battery is utilized in numerous industry verticals, such as automotive and consumer electronics, among others.

Asia-Pacific Lithium Ion Battery Market was valued at USD 25,293.82 million in 2021 and is expected to reach USD 125,036.54 million by 2029, registering a CAGR of 16.80% during the forecast period of 2022-2029. Consumer electronics accounts for the largest vertical segment in the respective market owing to the high usage of batteries in electronic gadgets. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

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Market Definition

Lithium ion battery comprises of lithium ions which moves from negative electrode to the positive electrode through the electrolyte during charging and moves backwards at the time of charging. These batteries are rechargeable and commonly used in consumer electronics and automobiles. It consists of four components cathode, anode, separator and electrolyte. Anode helps in storing and releasing of lithium ions from cathode, enabling the pass of current through an external circuit.

Asia-Pacific Lithium Ion Battery Market Regional Analysis/Insights

The lithium ion battery market is analysed and market size insights and trends are provided by country, component, load carrying capacity, type, number of wheels, and verticals as referenced above.

The countries covered in the lithium ion battery market report are Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific.

China is dominating the market in Asia-Pacific region due to presence of large number of lithium ion battery manufacturers in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  

Competitive Landscape and Asia-Pacific Lithium Ion Battery Market

The lithium ion battery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to lithium ion battery market.

Some of the major players operating in the lithium ion battery market are

• Saft (France)
• SAMSUNG SDI CO.,LTD. (South Korea)
• Lithium Energy Japan (Japan)
• Tianjin Lishen Battery Co., Ltd. (China)
• Shenzhen A&S Power Technology Co., Ltd. (China)
• LITHIUMWERKS (Europe)
• GlobTek, Inc. (US)
• BYD Company Ltd (Chiana)
• Panasonic Corporation (Japan)
• LG Chem (South Korea)
• VARTA Microbattery GmbH (Germany)
• Dalian CBAK Power Battery Co., Ltd (China)
• TOSHIBA CORPORATION (Japan)
• CALB USA Inc. (US)
• Shenzhen BAK Technology Co., Ltd. (China)
• Contemporary Amperex Technology Co., Limited (China)
• A123 Systems LLC (US)
• Amperex Technology Limited (China)
• XALT Energy (Switzerland)
• Leclanche (Switzerland)

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MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: Asia-Pacific Lithium Ion Battery Market

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