About this market
Technavio's 21700 lithium-ion battery market analysis considers sales from both automotive and others. Our analysis also considers the sales of 21700 lithium-ion battery in APAC, America, and EMEA. In 2018, the automotive segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as technological advancements and the decline in lithium-ion battery prices will play a significant role in the automotive segment to maintain its market position. Also, our global 21700 lithium-ion battery market report looks at factors such as improved capacity and performance factor, the shift of the automotive industry toward EVs, and decline in lithium-ion battery cost. However, uncertainties in the competition from other batteries, safety concerns related to lithium-ion batteries, and demand-supply gap of lithium-ion battery components may hamper the growth of the 21700 lithium-ion battery industry over the forecast period.
The decline in lithium-ion battery cost
The increased adoption of battery technology by the automotive industry as well as the development of cost-effective production methods has resulted in the decline in lithium-ion battery cost. Therefore, cost reductions coupled along with the rising demand for lithium-ion batteries will lead to the expansion of the global 21700 lithium-ion battery market at a CAGR of over 19% during the forecast period.
Growing investment in EV charging infrastructure
The developments associated with charging infrastructures are dependent on various frameworks circling national and supra-national policies and local circumstances. Factors such as targets for setting up charging stations, enactments on regulations, provision of financial aids, and mobilization of funding for installations are the key reasons for supporting the development of infrastructure of EVs. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global 21700 lithium-ion battery market during the forecast period 2019-2023, view our report.
With the presence of a few major players, the global 21700 lithium-ion battery market is concentrated. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading 21700 lithium-ion battery manufacturers, that include LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., Shenzhen BAK Power Battery Co. Ltd., Tianjin Lishen Battery Co. Ltd.
Also, the 21700 lithium-ion battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
TABLE OF CONTENTS
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Automotive - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Growing investments in EV charging infrastructure
- EV charging with vehicle-to-grid technology
- Revision in safety standards of lithium-ion batteries
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- LG Chem Ltd.
- Panasonic Corp.
- Samsung SDI Co. Ltd.
- Shenzhen BAK Power Battery Co. Ltd.
- Tianjin Lishen Battery Co. Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO