The
report titled “China
Lithium Ion Battery Market Outlook to 2022 – By Application (Consumer
Electronics, Power Storage and Energy Storage), By Type (Ternary, Lithium-Ion Phosphate,
Lithium Manganese Oxide and Others), By Shape (Square Shaped, Cylindrical and
Soft Pack Battery)” provides a comprehensive analysis of the Lithium
Ion Battery market in China. The report focuses on overall market size for
lithium-ion battery market in China, market segmentation by application (Consumer
Electronics, Power Storage and Energy Storage), by type of battery (Ternary,
Lithium-Ion Phosphate, Lithium Manganese Oxide and Others), by shape of battery
(Square Shaped, Cylindrical and Soft Pack Battery). The report also covers the
overall trade scenario, SWOT, decision making process, competitive landscape
and growth drivers and trends and government role and regulations. The report
concludes with market projection for future market described above and analyst
recommendations highlighting the major opportunities and cautions for the China
Lithium-ion Battery market.
Market Overview:-
The
lithium-ion battery market of China is at its growth stage. China is one the
major producers of the lithium-ion batteries across the globe. There has been a
tremendous increase in the use of lithium-ion batteries for new applications
such as power tools, portable charger, communications equipments, wearable
devices, drones and many others. China Lithium-ion battery market size in terms
of Revenue (value) increased at a positive double digit CAGR during the period
2012-2017. The market witnessed a rapid growth during the review period
primarily due to surge in demand of lithium-ion batteries from production and
sales of new energy vehicles (electric vehicles and hybrid vehicles).
China Lithium Ion Battery Market Segmentation
By Application: Power storage batteries used in electric vehicles contributed
a major share in the total revenue during the year 2017. However, in terms of
Output volume, the power storage contributed second largest share in 2017.
Output volume from power storage is less as compared to consumer electronics
due to power storage batteries are majorly used in electric vehicles and
electric vehicles are still not prevalent globally. Whereas, the consumer
electronics segment includes lithium-ion batteries manufactured for products
such as computers, notepads, digital cameras, smart watches, smart phones and
others. The demand for lithium ion batteries in energy storage segment in China
majorly comes from the telecom sector to power telecom towers and other
services in the country. This segment contributed a mere share in both
generating revenues along with output volume.
By Application:-
Consumer Electronics: Portable charger dominated the consumer
electronics market in terms of output volume generated by the lithium-ion
batteries. In 2017, portable charger
accounted almost half of the share out of the total output volume generated in
consumer electronics market. Mobile phone accounted second largest share followed
by electric tools and other equipments.
Power Storage: In terms
of Output Volume generated, electric cars have dominated the lithium-ion power
battery segment as it accounted approximately more than 85.0% share in the year
2017. In terms of Output Volume generated, electric bicycles contributed the
second largest share followed by electric tricycle, low speed electric vehicle
and other electric cars.
Energy Storage: In energy
storage segment, telecom towers dominated the market in terms of output volume
generated in the year 2017. In terms of output volume generated by the home
energy storage batteries in energy storage segment accounted a second largest share,
which later followed by grid energy storage and other storage means.
By Type of Battery:-
Lithium Iron Phosphate (LFP): The volume share through installed capacity of lithium-ion
batteries based on LFP dominated the market in 2017. It is used in telecom,
laptops, digital cameras and wearable products. It offers long cycle life and
has a good safe record but exhibits higher self-discharge.
Ternary Battery: The ternary lithium battery has higher energy density which
makes it most suitable battery for passenger car applications, energy storage
applications and others.
Lithium Manganese Oxide (LMO): LMO batteries have high specific energy with moderate load
capabilities and modest service life. These batteries are used in power tools,
medical devices and power trains.
By Shape of Battery: In terms
of Output volume, the square shaped battery accounted approximately half of the
share in 2017. Square batteries have grown rapidly, mainly due to the rapid
growth of domestic electric vehicle market. Whereas, in terms of output volume
generated, cylindrical shaped battery accounted second highest share which is
later followed by soft pack lithium-ion battery in the year 2017.
Competitive Landscape:-
The
competition of Lithium-ion battery manufacturers in China is moderately
fragmented, due to dominance of 5-7 players acquiring nearly half share of the
overall market. CATL continues to be the market leader with a double digit share
in the overall Lithium-ion battery market in 2017. Amperex Technology Limited
(ATL) accounted the second highest share in the market followed by BYD which
remains the largest manufacturer of lithium-ion battery in the country. These companies
compete on the basis of configuration of battery packs, their durability,
quality, technology, after sales service, recharge cycle and application.
Future Outlook:-
In
future, it is anticipated that the China Lithium-ion battery market size in
terms of revenue (value) will increase at a positive double digit CAGR during
the period 2017-2022. The demand for Lithium-ion battery in China is expected
to grow at a rapid pace majorly due to increase in the demand of new energy
vehicle followed by accelerating demand for energy storage batteries for on
gird and off grid applications in the country.
Key
Segments Covered:-
Market
Segmentation
Type of
Battery (Ternary, Lithium Iron Phosphate, Lithium Manganese Oxide and Others)
Area of
Application (Consumer Electronics, Power Storage, and Energy Storage)
By
Consumer Electronics (Portable Charger, Mobile Phone, Electronic Tools, Laptop,
Tablet and Others)
By Power (Electric
Car, Electric Bicycle, Electric Tricycle, Low Speed Electric Car and Other
Electric Cars)
By Energy
Storage (Telecom Towers, Home Energy Storage, Grid Energy Storage and Other
Energy Storage)
By Shape
of Battery (Square Shaped Battery, Cylindrical Shaped Battery, Soft Pack
Battery)
Key Target Audience:-
Distributors
of Batteries
Telecom
Companies
Manufacturers
of Electric Vehicles
Importers
of Batteries
Governmental
Departments
Time Period Captured in the Report:
Historical Period –2012- 2017
Forecast Period –2018- 2022
Companies Covered:-
Contemporary
Amperex Technology Co. Ltd. (CATL)
BYD
LG Chem
China BAK
Battery
Panasonic
Corporation
Murata
New Energy
Tianjin
Lishen Battery
Optimum
Nano Energy
Zhuhai
Guangyu Battery Co. Ltd.
Key
Topics Covered in the Report:-
Executive
Summary
Research
Methodology
Ecosystem
in China Lithium Ion Battery Market – Supply Side
Ecosystem
in China Lithium Ion Battery Market – Demand Side
Global
Lithium Ion Battery Market
China
Battery Market Overview
China
Lithium Ion Battery Market
Value
Chain Analysis for Lithium Ion Battery Market in China
China
Lithium Ion Battery Market Size, 2012-2017
China
Lithium Ion Battery Market Segmentation, 2012-2017
Investment
Model in China Lithium Ion Battery Market
Trade
Scenario in China Lithium Ion Battery Market
SWOT
Analysis of China Lithium Ion Battery Market
Trends
and Developments in China Lithium Ion Battery Market
Issues
and Challenges in China Lithium Ion Battery Market
Regulatory
Framework for China Lithium Ion Battery Market
Decision
Making Parameters for Buyer of Lithium Ion Batteries in China
Competitive
Landscape for China Lithium Ion Battery Market
Company
Profiles of Major Companies in China Lithium Ion Cell and Battery Market
China
Lithium Ion Battery Market Future Outlook and Projections, 2018–2022
Analyst
Recommendations for China Lithium Ion Battery Market
For more information on the research report, refer to below
link:
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