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Follow on Google News | Automotive Lithium-Ion Battery Market, 2019-2030 - Roots AnalysisRoots Analysis has announced the addition of "Automotive Lithium-Ion Battery Market, 2019-2030" report to its list of offerings.
By: Roots Analysis To order this 100+ page report, which features 60+ figures and 100+ tables, please visit this link Key Market Insights Lithium Nickel Manganese Cobalt Oxide (NMC) batteries presently capture the highest share NMC batteries, primarily used in buses and cars, represent more than one-third of overall market share (in terms of revenues generated from battery sales). Other popular battery types that are expected to witness significant growth in the foreseen future, are lithium titanium oxide (LTO) batteries and lithium iron phosphate batteries (LiFEPO4). Electric four wheelers are expected to capture over 50% of the market by 2030 In developed geographies, e-buses and e-cars are likely to drive significant growth in battery sales; specifically, e-cars are anticipated to dominate the market throughout the forecast period. On the other hand, lithium-ion battery powered three wheelers are anticipated to contribute to revenue generation in developing nations, such as India, China and Africa. Currently, China holds the top position among the world's largest manufacturers of lithium ion batteries for automotive applications. By 2025, the global lithium-ion battery production capacity could reach up to 1,112 GWh In 2019, lithium ion batteries with 48-99 WH capacity are anticipated to capture over 30% of the global market. However, batteries with a capacity of more than 250 KWh are expected to grow at a rapid rate, due to the growing number of electric buses across the world, specifically, in the US, UK and China. The USD 95.3 billion (by 2030) financial opportunity within the global automotive lithium-ion battery market has been analyzed across the following segments: • Battery Type • Lithium Nickel Manganese Cobalt Batteries • Lithium Titanium Oxide Batteries • Lithium Iron Phosphate Batteries The research covers profiles of key players that offer contract manufacturing services for medical devices, featuring an overview of the company, its service portfolio, details on manufacturing facilities, and an informed future outlook. For additional details, please visit https://www.rootsanalysis.com/ Contact: Gaurav Chaudhary +1 (415) 800 3415 Gaurav.Chaudhary@ End
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