Top 6 Vendors in the Global Lithium-ion Battery Market – Technavio

December 17, 2017

LONDON–(BUSINESS WIRE)–#Energy—Technavio
has announced the top six leading vendors in their recent global
lithium-ion battery market report from 2017-2021. This market
research report also lists 20 other prominent vendors that are expected
to impact the market during the forecast period.


Competitive vendor landscape

The global
lithium-ion battery market is expected to reach USD 81.65 billion by
2021, growing at a CAGR of over 11%. The market is not yet developed and
is still in its initial stage. There are several vendors present
worldwide. Many small-scale and medium-scale enterprises and larger
players compete in the market. Competition is expected to intensify due
to the introduction of new technologies and higher investments in the
market. However, in developing countries, local or regional vendors
dominate the market. With the rise in the need for energy-efficient
technology, the market is expected to grow. Innovations and enhancement
of technology will be the criteria among vendors to meet the demand in
the market.

According to Thanikachalam Chandrasekaran, a lead analyst at Technavio
for energy
storage, “Companies are adopting inorganic growth solutions
like M&A and forming partnerships with effective product launches.
Acquisitions and joint ventures are some of the strategies that the
vendors are pushing aggressively to gain market share and gain a
competitive edge.”

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Technavio market research analysts identify the following key
vendors:

A123 Systems

The company manufactures and supplies nano phosphate lithium-ion
(lithium iron phosphate) batteries and energy storage systems. It offers
lithium-ion battery products, including cells, energy modules, lead-acid
replacement batteries, power modules, and systems. The company offers
its products in three segments: Cells, Modules, and Systems. A123
Systems offers two types of high-performance lithium iron phosphate
battery (LiFePO4) technologies. These technologies help to deliver high
power and energy density to enhance cycle life and provide a compact
package.

Automotive Energy Supply

Automotive Energy Supply also was known as AESC. Automotive Energy
Supply is a manufacturer of lithium-ion batteries for EVs established
2007 as a joint venture between Nissan, NEC, and NEC Tokin. The company
is into research, development, manufacture, and sale of high-performance lithium-ion
batteries for automotive applications.

LG Chem

LG Chem specializes in providing rechargeable batteries to various
industries. The company manufactures petrochemical goods, information
and electronic materials, batteries, and related products and solutions.
The company also offers battery solutions for products such as laptops,
power tools, smartphones, e-bikes, garden tools, power banks, digital
cameras, and others. The automotive battery division offers batteries
for HEVs, PHEVs, and EVs.

Panasonic

Panasonic manufactures and distributes electronic and electrical
products in Japan and worldwide. It provides various business solutions
such as communication solutions, security systems, professional AV
systems, terminal solutions, document and imaging solutions, IT
solutions, and recording media. It has a strong presence in North
America, Latin America, EMEA, China, and Oceania.

SAMSUNG SDI

SAMSUNG SDI manufactures and sells digital display products worldwide.
It also offers rechargeable lithium-ion and lithium polymer batteries.
It operates as a subsidiary of the Samsung Group. The company's product
portfolio includes batteries, solar energy panels, electric car
batteries, energy storage systems, and plasma display panels. Some of
the subsidiaries of the company are SAMSUNG SDI America, SAMSUNG SDI
Germany, SAMSUNG SDI-Europe, and SAMSUNG SDI Malaysia. SAMSUNG SDI is
one the major players in the global batteries market. SAMSUNG SDI offers
a wide range of battery solutions.

Toshiba

Toshiba is engaged in the R&D, manufacture, and sales of electronic and
electrical products worldwide. Offers energy-related equipment and
transportation, and security systems to the automation and
telecommunication sectors. The company offers general logic ICs, NAND
flash memories (storage devices used in smartphones, tablet PCs, data
centers, and servers), optical semiconductors, power devices, organic
liquid-crystal displays, hard disk drives, solid-state drives,
large-scale integrated circuits for image information systems, and
thin-film transistors. Toshiba has constantly improved its Lithium-ion
battery technology, to compete in the market.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Browse Related Reports:

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 10,000 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.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

echo '
';