21700 Lithium-Ion Battery Market set to grow by USD 2.03 billion | High growth expected in APAC | Technavio

To help businesses expand their reach by targeting niche areas, Technavio analyzes the 21700 lithium-ion battery market by application (automotive and others) and geography (APAC, Europe, North America, South America, and the Middle East and Africa).

Shape your decisions with trusted insights on the 21700 lithium-ion market. Read Our Free Sample to Gain Confidence

The global lithium-ion battery market is expected to witness an incremental growth of USD 2.03 and expand at a CAGR of 10.17% during the forecast period. Improved capacity and performance factors of 21700 lithium-ion batteries will be crucial in driving the growth of the market.

Battery packs play a major role in defining the performance of any EV. It also accounts for a major share in the overall cost structure of EV manufacturers. In addition, the high cost and poor performance are some of the other major roadblocks that are restricting the adoption of EVs. The 21700 lithium-ion batteries were developed to overcome such shortcomings. These batteries cost nearly one-tenth when compared with the conventional 18650 lithium-ion batteries. Also, the upgrade from 18650 batteries to 21700 batteries is enabling significant improvements in terms of performance of EVs as the 21700 batteries offer about a one-third increase in the battery cell capacity, one-fifth increase in the battery energy density, and reduced overall weight.

Moreover, 21700 batteries share many similarities with 18650 batteries in terms of the production process, technical process, and raw material selection. Such benefits are increasing the adoption of 21700 batteries in EV applications, which is propelling the growth of the market.

Get a Sample Copy of the Report to identify other factors impacting the future growth of the market.

Dominant Players Profiled in 21700 Lithium-Ion Battery Market:

The dominant players hold a major chunk of share in the 21700 lithium-ion battery market. The improved capacity and performance of 21700 batteries are creating significant growth opportunities for market players. Additionally, the declining cost of lithium-ion batteries is further increasing the growth opportunities for these players.

• AA Portable Power Corp.
• EVE Energy Co. Ltd.
• Far East Holding Group Co. Ltd.
• GODI India Pvt. Ltd.
• Guangdong CVATOP New Energy Technology Co. Ltd.
• Guangzhou Great Power Energy and Technology Co. Ltd.
• Jiangsu Tianpeng Power Supply Co. Ltd.
• LG Chem Ltd.
• Murata Manufacturing Co. Ltd.
• Panasonic Corp.
• Samsung SDI Co. Ltd.
• Shenzen ACE Battery Co. Ltd.
• Shenzen Fest Technology Co. Ltd.
• Shenzhen A&S Power Technology Co. Ltd.
• Shenzhen BAK Power Battery Co. Ltd.
• Shenzhen XTAR Electronics Co. Ltd.
• Sony Group Corp.
• Taiwan Cement Ltd.
• Tesla Inc.
• TianJin Lishen Battery Joint Stock Co. Ltd.

The global 21700 lithium-ion battery market is concentrated and is comprised of several industry-focused and diversified vendors that have expertise in manufacturing lithium-ion batteries. The threat of rivalry in the market is high owing to low product differentiation. Besides, the high initial capital investments associated with the manufacture of 21700 lithium-ion batteries are increasing the exit barriers for market vendors.

Understand how the purchase of our full report on the 21700 lithium-ion battery market can bring more value to your business. Get a Sample Report Now

Related Reports:

Global Lithium-Ion Battery Separator Market 2022-2026: USD 2.11 Bn incremental growth expected at 11% CAGR. Request a Report Sample

Lithium-Ion Battery Recycling Market in US 202-2026: USD 45.71 Mn incremental growth expected, having a decelerating growth momentum of 21.21% CAGR. Request a Report Sample

Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Automotive - Market size and forecast 2021-2026
• Exhibit 28: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Automotive - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Automotive - Year-over-year growth 2021-2026 (%)

• 5.4 Others - Market size and forecast 2021-2026
• Exhibit 32: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Application
• Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026
• Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 India - Market size and forecast 2021-2026
• Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 EVE Energy Co. Ltd.
• Exhibit 89: EVE Energy Co. Ltd. - Overview
• Exhibit 90: EVE Energy Co. Ltd. - Business segments
• Exhibit 91: EVE Energy Co. Ltd. - Key news
• Exhibit 92: EVE Energy Co. Ltd. - Key offerings
• Exhibit 93: EVE Energy Co. Ltd. - Segment focus

• 10.4 Far East Holding Group Co. Ltd.
• Exhibit 94: Far East Holding Group Co. Ltd. - Overview
• Exhibit 95: Far East Holding Group Co. Ltd. - Business segments
• Exhibit 96: Far East Holding Group Co. Ltd. - Key offerings
• Exhibit 97: Far East Holding Group Co. Ltd. - Segment focus

• 10.5 Guangdong CVATOP New Energy Technology Co. Ltd.
• Exhibit 98: Guangdong CVATOP New Energy Technology Co. Ltd. - Overview
• Exhibit 99: Guangdong CVATOP New Energy Technology Co. Ltd. - Business segments
• Exhibit 100: Guangdong CVATOP New Energy Technology Co. Ltd. - Key offerings
• Exhibit 101: Guangdong CVATOP New Energy Technology Co. Ltd. - Segment focus

• 10.6 Guangzhou Great Power Energy and Technology Co. Ltd.
• Exhibit 102: Guangzhou Great Power Energy and Technology Co. Ltd. - Overview
• Exhibit 103: Guangzhou Great Power Energy and Technology Co. Ltd. - Business segments
• Exhibit 104: Guangzhou Great Power Energy and Technology Co. Ltd. - Key offerings
• Exhibit 105: Guangzhou Great Power Energy and Technology Co. Ltd. - Segment focus

• 10.7 LG Chem Ltd.
• Exhibit 106: LG Chem Ltd. - Overview
• Exhibit 107: LG Chem Ltd. - Business segments
• Exhibit 108: LG Chem Ltd. - Key news
• Exhibit 109: LG Chem Ltd. - Key offerings
• Exhibit 110: LG Chem Ltd. - Segment focus

• 10.8 Panasonic Corp.
• Exhibit 111: Panasonic Corp. - Overview
• Exhibit 112: Panasonic Corp. - Business segments
• Exhibit 113: Panasonic Corp. - Key offerings
• Exhibit 114: Panasonic Corp. - Segment focus

• 10.9 Samsung SDI Co. Ltd.
• Exhibit 115: Samsung SDI Co. Ltd. - Overview
• Exhibit 116: Samsung SDI Co. Ltd. - Business segments
• Exhibit 117: Samsung SDI Co. Ltd. - Key offerings
• Exhibit 118: Samsung SDI Co. Ltd. - Segment focus

• 10.10 Shenzhen BAK Power Battery Co. Ltd.
• Exhibit 119: Shenzhen BAK Power Battery Co. Ltd. - Overview
• Exhibit 120: Shenzhen BAK Power Battery Co. Ltd. - Business segments
• Exhibit 121: Shenzhen BAK Power Battery Co. Ltd. - Key offerings
• Exhibit 122: Shenzhen BAK Power Battery Co. Ltd. - Segment focus

• 10.11 Taiwan Cement Ltd.
• Exhibit 123: Taiwan Cement Ltd. - Overview
• Exhibit 124: Taiwan Cement Ltd. - Business segments
• Exhibit 125: Taiwan Cement Ltd. - Key news
• Exhibit 126: Taiwan Cement Ltd. - Key offerings
• Exhibit 127: Taiwan Cement Ltd. - Segment focus

• 10.12 TianJin Lishen Battery Joint Stock Co. Ltd.
• Exhibit 128: TianJin Lishen Battery Joint Stock Co. Ltd. - Overview
• Exhibit 129: TianJin Lishen Battery Joint Stock Co. Ltd. - Business segments
• Exhibit 130: TianJin Lishen Battery Joint Stock Co. Ltd. - Key offerings
• Exhibit 131: TianJin Lishen Battery Joint Stock Co. Ltd. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 132: Inclusions checklist
• Exhibit 133: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 134: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 135: Research methodology
• Exhibit 136: Validation techniques employed for market sizing
• Exhibit 137: Information sources

• 11.5 List of abbreviations
• Exhibit 138: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio