India Lithium Ion Battery Market

By Application    

Consumer Electronics Automotive Energy Storage System Industrial

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Executive Summary (1/3) Table 2.1: India Lithium Ion Battery Market Overview Parameters

2019 (E)

2029 (F)

India Lithium Ion Battery Market Value (US$ Mn)

XXX.X

Type Segment with Largest Value (US$ Mn)

XXX.X

: XXX.X

Type Segment with Highest CAGR (%)-2019-2029 Application Segment with Largest Value (US$ Mn) Application Segment with Highest CAGR (%)-2019-2029

Key Market Players:

CAGR- XX.X : XXX.X

: XXX.X

Small and Medium-sized Enterprises (SMEs)s: CAGR- XX.X Exide Industries Ltd.., Amara Raja Batteries Ltd Toshiba Corporation Reliance Industries Limited Mahindra & Mahindra Limited (M&M) Toshiba Corporation JSW Energy Limited Suzuki Motor Corp.. Denso Corp. Munoth Communication Limited

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Executive Summary (3/3) Figure India Lithium Ion Battery Market Vale ShareValue (%), ByShare (%), Figure2.2: 2.1: India Lithium Ion Battery Market

By Product– 2019 (E)

XX.X%

Lithium cobalt oxide (LCO) Lithium iron phosphate (LFP) Lithium Nickel Cobalt Aluminum Oxide (NCA)

Figure2.2: 2.2:India IndiaLithium Lithium Battery Market Value Share By Product–– Figure IonIon Battery Market Value Share (%), (%), By Application 2019 (E) 2019 (E)

Consumer Electronics XX.X%

XX.X%

Automotive Energy Storage System Industrial

Analysis and Outcomes

 The Lithium Iron Phosphate (LFP) product type accounted for over USD xx billion in 2019. These batteries offer long -life span and excellent safety to the product. Growing demand for LFP batteries in stationary and portable devices, as they need high load currents and durability, is expected to drive the market for lithium-ion batteries.  The consumer electronics segment held the largest market share of 26.2% in 2019. The growth of the segment is attributed to the increasing use of lithium-ion batteries in portable consumer electronics devices due to high energy density and safety levels. The automotive segment accounted for 17.6% of the total revenue in 2019.

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