Press release
Cylindrical Li-ion Battery Market Challenges, Analysis and Forecast to 2032
Cylindrical Li-ion Battery Market
The tightly wound cylindrical cell that houses the electrodes of cylindrical lithium batteries is placed inside a specifically made metal shell. Cylindrical lithium-ion batteries are more in line with manufacturing automation needs, safer, and lighter than other types of batteries. Cylindrical lithium-ion batteries are therefore more well-liked by top EV producers like Tesla since they have lower manufacturing costs than prismatic or laminate lithium-ion batteries. The market will certainly advance in the coming years due to the significant growth of electric automobiles.
The rapid increase in the sales of plug-in hybrid electric vehicles (PHEVs) as a result of increased concerns about keeping a lid on carbon footprint is anticipated to favour the global cylindrical lithium-ion battery market. The increased demand for consumer electronics around the world is one of the main factors driving the expansion of the global market. The increased usage of portable gadgets including computers, gaming consoles, smartphones, torches, and digital cameras as well as high-speed internet connectivity is having a significant impact on the market.
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The rise of the global market is also being supported by the ongoing development of smart devices, the rising adoption of lithium-ion batteries in the renewable energy sector, and the rising demand in industries for battery-operated material-handling equipment as a result of automation.
Over the projection period, it is predicted that the automotive industry would account for the greatest market share for cylindrical lithium-ion batteries. Most battery-powered vehicles, such as electric cars, e-bikes, and automatically guided vehicles, employ cylindrical lithium-ion batteries. As more people use and are aware of electric vehicles, the market is growing. It is also projected that government measures and increased efforts to reduce greenhouse gas emissions will accelerate category growth.
Cylindrical Lithium Ion Battery Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Market Segmentation
Global Cylindrical Li-ion Battery Market: Segmentations
Global Cylindrical Li-ion Battery Market: By Types
LiCoO2 Battery
NMC/NCA
LiFePO4 Battery
Others
Global Cylindrical Li-ion Battery Market: By Applications
Power Banks
Laptop Battery Packs
Electric Vehicles
Flashlights
Cordless Power Tools
Others
Global Cylindrical Li-ion Battery Market: Major Players
Eastman
Panasonic(Sanyo)
Samsung SDI
LG Chem
Sony
Hitachi
Tianjin Lishen
Hefei Guoxuan
Shenzhen Auto-Energy
OptimumNano
DLG Electronics
Zhuoneng New Energy
CHAM BATTERY
Padre Electronic
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Global Cylindrical Li-ion Battery Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Objectives of the Study:
• To provide with an exhaustive analysis on the Cylindrical Li-ion Battery Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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