Market Study on Lithium Ion Batteries

Market Study on Lithium Ion Batteries: India electric vehicles market is expected to expand at a CAGR of 17%

Addressing a webinar on 'India's Electric Vehicle Roadmap post-COVID-19', Gadkari assured the electric vehicles sector of all the support in view of disruptions caused by the coronavirus crisis

Download Sample Report Lithium-ion Battery Module, Pack Assembly: Detailed Techno-Economic Feasibility Report

In a new report published by Persistence Market Research titled “Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025),” it has been observed that the India electric vehicles market is expected to expand at a CAGR of 17% in terms of value during the forecast period.

On the present trend in the global market, Union minister Nitin Gadkari  said, "The world is no more interested in doing business with China, which is a very good opportunity for Indian industry to pick up the shift in business."

According to this report, market players are focusing on expanding their presence in India where the electric vehicles industry is growing at a rapid rate. The electric vehicle market in India is anticipated to create lucrative opportunities for electric vehicle manufacturers as well as for vehicle component manufacturers in the near future. Owing to this fact, huge investments are already being planned by many key vendors in the Indian market to capitalize on the opportunities provided by the high potential market for electric vehicles in the subcontinent.

Lithium Ion Battery Market Trends

 High specific energy characteristics, low internal resistance, and versatility to suit different power capacity configurations are the key factors driving the leadership of the lithium nickel manganese cobalt oxide battery type in the market. Lithium ion battery technology has found primary usage in electronic devices such as mobile phones, smartphones, etc., and has then moved up the chain to penetrate other end-use areas such as consumer appliances, power tools, and energy storage systems. However, the most significant development has been the scaling up of this technology for larger applications such as electric vehicles and electric bikes. 

Lithium-ion manganese oxide is expected to be the highest-recycled battery types in the lithium-ion battery recycling market, by battery chemistry during the forecast period 2025–2030. The increasing adoption of lithium-ion manganese oxide batteries for power tools, medical devices, and electric powertrains is one of the key factors driving the growth of the lithium-ion battery recycling market globally.

Download Sample Report Lithium-ion Battery Module, Pack Assembly: Detailed Techno-Economic Feasibility Report

Table of Contents

1. Terms used in the project report
2. Globally current application of lithium-ion battery storage
3. OEMs Battery pack manufacturing strategy
4. Lithium-ion Battery Manufacturers in India
5. Introduction with Lithium-ion and EV
6. Introduction with Battery Pack
7. Lithium-ion chemistry
8. Li-ion cell to battery-pack value chain
9. Design Considerations
10. LITHIUM ION BATTERY TYPES
11. Plant Layout
12. PLANT LOCATION FACTORS
13. Environment: Applicable Regulatory Framework and Environmental Impact of Project
14. License, certificate and Approval
15. Project Technical Concept
16. Assembling process of lithium ion battery
17. Li ion battery assembly Line
18. Production line layout
19. Battery Cost Effect
20. Effects of Cell Chemistry on Battery Cost
21. Type of production unit
22. MACHINERY AND EQUIPMENTS
23. Machinery and equipments suppliers
24. Packaging Material Solutions for Battery Manufacturing
25. Transportation of Battery pack
26. Battery Waste Management
27. Slandered Code
28. Test Certification
29. Battery Pack Manufacturing Investment Costs
30. Plant Economics
31. Fixed Capital, Working Capital, Capital Investment
32. Cost of production/annum
33. Turn Over/Annum
34. Risks & Mitigation
35. Human Resources
36. Business guide line
37. Address of financial institutions
38. Address of relevant government offices

Download Sample Report Lithium-ion Battery Module, Pack Assembly: Detailed Techno-Economic Feasibility Report

Training Course for Lithium-ion Battery pack making business 

Related Blog:

https://lithium-ion-battery-consultancy.blogspot.com/2020/07/market-study-on-lithium-ion-batteries.html 

https://ev-evse-course.blogspot.com/2020/07/market-study-on-lithium-ion-batteries.html

https://project--feasibility-report.blogspot.com/2020/07/market-study-on-lithium-ion-batteries.html

https://aevtin.blogspot.com/2020/07/market-study-on-lithium-ion-batteries.html

https://ev-powertrain.blogspot.com/2020/07/market-study-on-lithium-ion-batteries.html

Lithium Ion Battery Market 2030

Lithium Ion Battery Market Overview:

Global lithium ion battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025, growing at a CAGR [1] of 17.1% from 2018 to 2025. Asia-Pacific region is expected to occupy the largest share of the global lithium ion battery market in 2018.

Future Outlook:

India Lithium Ion Cell and Battery Market are expected to grow in the future at a CAGR of 36.3% driven by increased use of lithium ion battery in electric vehicles, rise in public awareness to reduce carbon emissions, government plans and actions to bring in sale of all electric vehicles by 2030.

The lithium ion battery market in India gained popularity in the year FY' 2014 due to sharp rise in demand from the telecom providers in the country, while consumer appliances have been largely dependent on these batteries. The main boom in the market came from increased use by the telecom sector for telecom grids in the country. Reliance Jio telecommunications have been amongst the first few to use lithium ion batteries in their telecom grids and being characterized as green towers in the country.

Business Opportunity Analysis and Industry Forecast 2018 – 2025

For companies, entrepreneurs and businesses keen on setting up Li-ion Battery Packs assembling unit, this is best time. This market survey techno-commercial report will help you very much.

 

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                      [1]  Compound annual growth rate

Lithium-ion Market 2020-2025

LITHIUM ION BATTERY MARKET OVERVIEW:

Global lithium ion battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025, growing at a CAGR of 17.1% from 2018 to 2025. Asia-Pacific region is expected to occupy the largest share of the global lithium ion battery market in 2018.

 
The market for lithium-ion battery is expected to register a CAGR of 22.58%, during the forecast period (2020-2025). Major factors driving the market studied are the emergence of new and exciting markets, via electric vehicle and energy storage systems (ESS), for both commercial and residential applications, declining lithium-ion battery prices, and the increasing sale of consumer electronics. However, the increasing demand-supply mismatch of raw materials is likely to hinder the growth of the market studied.

The Government of India (GoI) recently announced plans for transition to all electric transportation by 2030. GoI also introduced the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) policy in 2015, to increase the adoption of Electric Vehicles (EVs) on the road. Considering that the battery and related components account for about 40-50% of the EV cost, the overall manufacturing plant of 50 GWh capacity has been considered.

The Indian electric vehicle (EV) market will continue to be largely driven by the two-wheeler and three-wheeler segment, experts opined at the ETAuto Virtual Roundtable on ‘Post Covid-19: Future of Electric Vehicles Global and India’.

According to them the EV market will recover swiftly from Covid-19 setback when compared to their ICE counterparts and their outlook remains strong in the medium term.

By 2025, 30-35 percent of sales are expected to be electric which includes mild hybrid, full hybrids, plug-in, and battery. In terms of battery electric vehicles, about 10-12 percent of global sales will be fully electric.

For companies, entrepreneurs and businesses keen on setting up Li-ion Battery Packs assembling unit, this is best time. This market survey techno-commercial report will help you very much.

EVOLT is consulting, research and academic institute specialized in the electric vehicles. We continuously work to establish mutually beneficial relationships with customers, dealers, sales partners and the public administration.

EVOLT collaborates actively with authorities and decision makers globally to secure that relevant research platforms and environments are available where cross-disciplinary research collaborations can take place in areas of common interest.

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