NEW YORK, Oct. 15, 2021 /PRNewswire/ -- The cylindrical lithium-ion battery market is set to grow by USD 9.81 billion between 2021 and 2025, progressing at a CAGR of 6.79% during the forecast period, according to Technavio.
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The shift in the automotive industry to EVs, surge in demand for power banks and charging systems, and increase in the use of e-cigarettes will offer immense growth opportunities. However, safety concerns in Li-ion batteries, competition from other substitute batteries, and demand-supply disparities with respect to lithium will challenge the growth of the cylindrical lithium-ion battery market participants.
Cylindrical Lithium-Ion Battery Market 2021-2025: Segmentation
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Cylindrical Lithium-Ion Battery Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our report covers the following areas:
Cylindrical Lithium-Ion Battery Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the cylindrical lithium-ion battery market, including some of the vendors such as vendors. Backed with competitive intelligence and benchmarking, our research reports on the Cylindrical Lithium-Ion Battery Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Cylindrical Lithium-Ion Battery Market 2021-2025: Key Highlights
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Cylindrical Lithium-Ion Battery Market Scope |
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Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.79% |
Market growth 2021-2025 |
USD 9.81 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.25 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 59% |
Key consumer countries |
China, US, Japan, South Korea (Republic of Korea), and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
DLG (Shanghai) Electronic Technology Co. Ltd., Hitachi Ltd., LG Chem Ltd., Murata Manufacturing Co. Ltd., OptimumNano Energy Co. Ltd., Padre Electronics Co. Ltd., Panasonic Corp., PowerTech Systems, Samsung SDI Co. Ltd., and Shenzhen Cham Battery Technology Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.
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Technavio Research
Jesse Maida
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Website: www.technavio.com/
SOURCE Technavio
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