Global Lithium-ion Power Battery Market Insights, Forecast to 2026 Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt and will significantly affect the Lithium-ion Power Battery market in 2020.* E C! z( d/ r2 Q- X
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. This report also analyses the impact of Coronavirus COVID-19 on the Lithium-ion Power Battery industry. Lithium-ion Power battery is a new type of high-energy battery successfully developed in the 20th century. The negative electrode of this battery is graphite and other materials, and the positive electrode uses lithium iron phosphate, lithium cobaltate, lithium titanate and the like. Because of its high energy, high battery voltage, wide operating temperature range, long storage life and other advantages, it has been widely used in military and civilian small appliances. Based on our recent survey, we have several different scenarios about the Lithium-ion Power Battery YoY growth rate for 2020. The probable scenario is expected to grow by a 14.5% in 2020 and the revenue will be US$51.3 billion in 2020 from US$ 44.8 billion in 2019. The market size of Lithium-ion Power Battery will reach US$ xx in 2026, with a CAGR of xx% from 2020 to 2026. [url=]Figure 1. Global Lithium-ion Power Battery Market Size (Value), (US$ Million), 2015 VS 2020 VS 2026[/url] Source: Secondary Sources, Expert Interviews and QYResearch, 2020 According to the data of the GGII, the global lithium-ion Power battery market increased from 48.5GWh to 107GWh in 2016-2018, with an annual compound growth rate of 50.96%. According to GGII data, it is estimated that the growth rate of global lithium-ion power batteries in 2019-2020 will be 52.5% and 50.9% respectively, still maintaining a stable and high growth level. Figure 2. Global Lithium-ion Power Battery Production(GWh) Source: Secondary Sources, Expert Interviews and QYResearch, 2020 The global lithium-ion power battery market will grow at a compound annual growth rate of 14.3% during the forecast period of 2018-2025. It is estimated that by 2025, the global lithium-ion power battery market size will exceed US $ 100 billion. Ease of availability, high energy density, low discharge rate, and long life cycle are some of the key features that make lithium-ion power batteries superior to similar products, and are expected to boost global market revenue. [url=]Figure 3. Global Lithium-ion Power Battery Revenue 2015-2026 (US$ Billion)[/url] Source: Secondary Sources, Expert Interviews and QYResearch, 2020 In 2019, China's power battery shipments were 71GWh, a year-on-year increase of 9.2%. Compared with 2018, the growth rate has slowed down. The reason for the slowdown was mainly affected by the decline in production and sales of the new energy vehicle market. By 2020, China's output of new energy vehicles will reach 2 million, while in 2019 the output of domestic new energy vehicles will reach 124,200. Although the state subsidies have decreased year by year, the double integral policy relay has become the new development of domestic new energy vehicles power. In addition to policy-driven, the continuous introduction of popular models to meet consumer demand will also promote the continuous improvement of the new energy vehicle market. As the proportion of high-end models increases, the amount of electricity on the bicycle will also increase. By 2020, the demand for electric mode is expected to reach 104GWh. From the perspective of installed capacity, the installed rate of lithium-ion power batteries in China has decreased from 91% in 2016 to 88% in 2019, which has slowed down. Figure 4. China Lithium-ion Power Battery Production and Installation(GWh) 2 D0 y* p9 V( i5 W
Source: Secondary Sources, Expert Interviews and QYResearch, 2020 According to estimates, the market size of the power lithium battery in 2019 is US$ 10.23 billion, a year-on-year decrease of 11.8%. The growth rate is less than the growth rate of shipments. The direct reason is that the price of power lithium battery fell by 15% -20% year-on-year. Figure 5. China Lithium-ion Power Battery Revenue 2015-2026 (US$ Billion) / g0 K7 p* `" ^+ E; Q$ \( C
Source: Secondary Sources, Expert Interviews and QYResearch, 2020 As the most widely used power battery, lithium-ion power batteries are generally divided into ternary lithium-ion power batteries, lithium iron phosphate power batteries, lithium manganate power batteries, etc. Lithium iron phosphate as a positive electrode material has a long battery charge and discharge cycle life, but its shortcomings are that energy density, high and low temperature performance, charge and discharge rate characteristics are somewhat insufficient, and the production cost is high. Lithium manganese ion batteries have low energy density and poor cycle stability and storage performance at high temperatures. Because of its dual advantages of comprehensive performance and cost, ternary lithium-ion power batteries have gradually been paid attention and recognized by the industry, surpassing lithium iron phosphate lithium ion batteries and lithium manganate lithium ion batteries as the mainstream technical route. According to the different materials of the positive electrode. The ternary lithium-ion battery occupies most of the market share, about 65% Figure 6. Lithium-ion Power Battery Market Size by Type in 2019 Source: Secondary Sources, Expert Interviews and QYResearch, 2020 Among the four key materials (positive electrode, negative electrode, separator, and electrolyte) that make up a power battery, the positive electrode accounts for up to about 30%. The negative electrode, separator, and electrolyte are all in the range of 6 ~ 8% when the material price is relatively stable. Figure 7. Lithium-ion Power Battery Raw Material Analysis Source: Secondary Sources, Expert Interviews and QYResearch, 2020 The market concentration of lithium-ion power battery is very high. The market share of the world's top five manufacturers exceeds 60%. CATL and Panasonic have the highest market share, accounting for 22.6% and 21.5% respectively. Figure 8. Global Lithium-ion Power Battery Market Share by Vendor Source: Secondary Sources, Expert Interviews and QYResearch, 2020 In 2018, the output value of the top five companies in China's lithium-ion Power battery market accounted for 71.60%, and the market concentration further increased. CATL and BYD, as the leading companies of lithium-ion battery, accounted for 37.2% and 21.5% respectively. Figure 9. China Lithium-ion Power Battery Market Share by Vendor in 2018 Source: Secondary Sources, Expert Interviews and QYResearch, 2020 Lithium-ion power batteries are mainly used in the field of new energy vehicles, and in the global market, new energy vehicles are in a long-term starting stage, which will drive the demand for the lithium-ion power battery industry to continue to be strong. According to statistics, global new energy vehicle sales in 2019 were 2.21 million units, compared with 1.25 million units in 2018, with a growth rate of about 75%. Figure 10. New Energy Vehicle Sales Source: Secondary Sources, Expert Interviews and QYResearch, 2020 In the next five years, new energy vehicles will continue to help boost the rapid growth of batteries. First, from the perspective of global policy planning, Norway, Finland, Germany, the United Kingdom, and France respectively announced a comprehensive ban on the sale of fuel vehicles in 2025, 2025, 2030, 2040, and 2040. This will be one of the important factors driving the growth of global lithium-ion power batteries. Table 1. Global New Energy Vehicle Policies 2 u4 }% R* n3 t" c) {0 hCountry Policies and Goals
5 E7 Y3 p( N, N, h/ ~Norway Prohibition of the sale of fuel cars in 2025
3 X: b0 c, H$ V. aNetherlands Prohibition of the sale of fuel cars in 2030
1 \. H- c8 x( u4 @' R ~4 rUnited Kingdom The sale of fuel cars will be banned in 2040; the sales volume of electric passenger cars will reach 50% -70% in 2030. 2 J0 p4 ~7 @9 P. }# b
France Prohibition of the sale of fuel cars in 2040 rs238848.rs.hosteurope.de- V L- o! }6 x7 b8 X% J
Portugal Prohibition of the sale of fuel cars in 2040
, U# n! c4 t( D6 h1 {" u- Q& W% aGermany At least 7 million new energy vehicles are registered in 2030
/ I# P3 @% [# n9 z2 ~( V3 NJapan A new generation of vehicles will achieve zero emissions in 2050; electric vehicles will account for 20% -30% in 2030. 9 L2 T' Z% n, q h# c
China Sales of new energy vehicles and new vehicles accounted for 25% in 2025.
' J! I) X6 D6 Q) }) b0 `4 wSource: Secondary Sources, Expert Interviews and QYResearch, 2020 With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Lithium-ion Power Battery market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Lithium-ion Power Battery market in terms of both revenue and volume. Players, stakeholders, and other participants in the global Lithium-ion Power Battery market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each anode material type segment in terms of revenue for the period 2015-2026. Production and Pricing Analyses Readers are provided with deeper production analysis, import and export analysis, and pricing analysis for the global Lithium-ion Power Battery market. As part of production analysis, the report offers accurate statistics and figures for production capacity, production volume by region, and global production and production by each type segment for the period 2015-2026. In the pricing analysis section of the report, readers are provided with validated statistics and figures for price by manufacturer and price by region for the period 2015-2020 and price by each type segment for the period 2015-2026. The import and export analysis for the global Lithium-ion Power Battery market has been provided based on region. Regional and Country-level Analysis The report offers an exhaustive geographical analysis of the global Lithium-ion Power Battery market, covering important regions, viz, North America, Europe, China, Japan, South Korea and India. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of volume for the period 2015-2026. Competition Analysis In the competitive analysis section of the report, leading as well as prominent players of the global Lithium-ion Power Battery market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Lithium-ion Power Battery market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Lithium-ion Power Battery market. The following manufacturers are covered in this report: CATL Panasonic LG Chem BYD Company Samsung SDI AESC Gotion Lishen SK EVE Battery Lithium-ion Power Battery Breakdown Data by Anode Material Type Ternary Lithium Ion Lithium Iron Phosphate Lithium Manganese Oxide Others The ternary lithium-ion power battery has been gradually paid attention to and recognized by the industry due to its dual advantages of comprehensive performance and cost. It has surpassed the lithium iron phosphate lithium-ion battery and lithium manganate lithium-ion battery as the mainstream technical route. Lithium-ion Power Battery Breakdown Data by Application BEV HEV Aerospace and Defense Others for more information please go https://www.qyresearch.com/index/detail/1659464/global-lithium-ion-power-battery-market and you can go https://www.qyresearch.comto know more and more if you need any help you can contact qifeifei@qyresearch.com / telephone number :18910840196 00861082945717 QY Research support best market reports for you. |