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Global Li-ion Battery Market Analysis, Trends, and Forecasts, 2019-2025: While China Focuses on Building Future Batteries, Tesla Remains the Only US Company in Race - ResearchAndMarkets.com

December 18, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Dec 18, 2019--

The “Li-ion Battery - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

Li-ion Battery market worldwide is projected to grow by US$57.7 Billion, driven by a compounded growth of 15.2%

Lithium Nickel Manganese Cobalt (NMC), one of the segments analyzed and sized in this study, displays the potential to grow at over 17.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$45.1 Billion by the year 2025, Lithium Nickel Manganese Cobalt (NMC) will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 14.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$5.6 Billion to the region’s size and clout in the next 5 to 6 years. Over US$4.7 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Lithium Nickel Manganese Cobalt (NMC) will reach a market size of US$1.7 Billion by the close of the analysis period.

As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 16.2% over the next couple of years and add approximately US$10.8 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Key Topics Covered:

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

For more information about this report visit https://www.researchandmarkets.com/r/pimczt

View source version on businesswire.com:https://www.businesswire.com/news/home/20191218005690/en/

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KEYWORD: CHINA UNITED STATES NORTH AMERICA ASIA PACIFIC

INDUSTRY KEYWORD: OTHER ENERGY ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 12/18/2019 02:16 PM/DISC: 12/18/2019 02:16 PM

http://www.businesswire.com/news/home/20191218005690/en