The globallithium-ion battery marketreached a value of US$ 39.41 Billion in 2021. Lithium-ion battery refers to a rechargeable battery that is generally used inelectric vehicles (EVs)and portable electronics. This electrochemical storage device consists of an anode, cathode, and electrolyte that does not require complete discharge prior to recharging. Nowadays, lithium-ion battery is gaining traction as it is eco-friendly, has lower self-discharge rates, and requires minimal maintenance compared to nickel-cadmium batteries.

As per the analysis by IMARC Group, thetop lithium-ion battery companiesare extensively investing in research and development (R&D) activities to introduce miniaturized lithium-ion batteries with enhanced efficiency. Besides this, due to continual technological advancements, several leading companies are launching nanobot tungsten lithium batteries, which is creating a positive outlook for the market. On account of these factors, the market value is expected to reach US$ 83.62 Billion by 2027, exhibiting a CAGR of 13.62% during 2022-2027.

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锂离子电池市场Manufacturers:

A123 Systems LLC

Establishment:2001
Headquarters: Michigan, United States
Website: http://www.a123systems.com/

The company operates as a subsidiary of Wanxiang America Corporation. It develops, manufactures, and supplies nano phosphate lithium iron phosphate batteries and energy storage systems across the globe. Besides this, the company is developing a growing portfolio of solutions for fully electrified vehicles designed to meet the current and future market demands.

Automotive Energy Supply Corporation (AESC)

Establishment:2007
Headquarters: Zama City, Japan
Website: https://www.envision-aesc.com/en/

Envision AESC is the world’s leading battery technology company. Through AIoT-driven innovations in battery technology and multidisciplinary application, the company establishes scenarios to enable electric vehicles to participate in the renewable energy eco-systems and provides a dynamic balance to promote the development of clean energy and the new energy EV industry. Moreover, the company aims to solve the challenges for a sustainable future and lead the de-carbonization revolution through AIoT-defined battery solutions.

LG Chem Limited

Establishment:1947
Headquarters: Seoul, South Korea
Website: https://lgchem.com/

The company is a leading science-oriented corporation that creates value for its customers. It has continuously achieved growth through relentless challenges and innovations since its establishment. It exhibits a balanced and globally competitive business portfolio including, petrochemicals, advanced materials, life sciences, and subsidiaries specializing in batteries.

Panasonic Corporation

Establishment:1918
Headquarters: Kadoma, Japan
Website: https://www.panasonic.com/

Formerly known as Matsushita Electric Industrial Co., Ltd., the company changed its name to Panasonic Corporation in 2008. It offers a wide range of lithium-ion batteries which meets the requirement of consumers such as the main battery for small devices as well as a backup battery for emergencies. The unique Panasonic technologies have made the batteries thinner and lighter for use in a wide variety of devices like notebook computers,laptops, and mobile phones. These batteries also find utilization in EVs, backup base stations for mobile telephones, electricity storage systems with solar power generation, and another industrial usage.

Samsung SDI Corporation Limited

Establishment:1970
Headquarters: Yongin-Si, South Korea
Website: https://www.samsungsdi.com/index.html

The company is known to manufacture and sell batteries across the globe. It operates through three segments, including chemicals, electronic materials, and energy. It also offers small-sized lithium-ion batteries that are employed in laptops, tablets, mobile phones,wearable devices,power banks,power tools,garden tools,vacuum cleaners,e-bikes, e-scooters, and ignition products.

Toshiba Corporation

Establishment:1875
Headquarters: Tokyo, Japan
Website: https://www.global.toshiba/ww/top.html

Toshiba Corporation, along with its subsidiaries, manufactures and marketselectronic devicesand electrical products across various countries. The company offersinfrastructure as a services systems,包括功率、传输和分配,industrial, railway transportation, security and automation, broadcasting and network, photovoltaic, water and environmental, building, and POS systems. Moreover, Toshiba Corporation manufactures its high-energy type and high-powered type batteries at the Kashiwazaki Operations in Niigata Prefecture in Japan.

Amperex Technology Limited (ATL)

Establishment:1999
Headquarters: Tsuen Wan, Hong Kong
Website: https://www.atlbattery.com/

ATL is a famous lithium-ion battery producer and innovator in the world, and a high-tech enterprise responsible for providing high-qualityrechargeable lithium-ion batterycells, packs, and system integration solutions. It also offers advanced technologies, production capacities, and high-quality services. The company is helping the world connect better, last longer, live easier and fly higher as it is working closely with world-renowned brandedsmartphones,battery chargers, tablets and notebook OEMs, drones, robots, and power tools specialists, VR/AR vanguards, and other wearable and smart technologies.

BAK Group

Establishment:2001
Headquarters: Guangdong, China
Website: https://bakgroup.net/

Since its inception, BAK Group has developed into a new energy enterprise with lithium-ion batteries, EVs, and battery recycling as its core business lines. The company owns upstream and downstream industry clusters in China that integrate research and development (R&D), production, and sales of lithium batteries and EVs, such as Shenzhen BAK power, and Zhengzhou BAK Battery. The company also has subsidiaries in Europe and India with offices in the United States.

Blue Energy Co. Ltd.

Establishment:2009
Headquarters: Fukuchiyama, Japan
Website: https://www.blue-energy.co.jp/en/

The company operates as a subsidiary of GS Yuasa Corporation. It manufactures as well as sells lithium-ion batteries across the globe. It also offers EH4 cells and civic hybrid carried EH4 battery systems. It has established itself as a leading developer in the UK renewable energy sector, having developed, funded, and constructed over 320MW onshore wind and solar generation assets across the globe.

BYD Company Limited

Establishment:1995
Headquarters: Shenzhen, China
Website: https://en.byd.com/

BYD is one of the leading producers of rechargeable batteries in the world. It manufactures NiMH batteries, lithium-ion batteries, and NCM batteries. The company has established over 30 industrial parks across six continents and has played a pivotal role in industries including electronics, automobiles, new energy, and rail transit. From energy generation and storage to its applications, BYD offers zero-emission energy solutions.

CBAK Energy Technology Inc.

Establishment:2001
Headquarters: Guangdong, China
Website: https://ir.cbak.com.cn/

CBAK Energy Technology, Inc. is a leading high-tech enterprise engaged in the development, manufacturing, and sales of new energy high-power lithium batteries. The applications of the products and solutions include electric vehicles, light electric vehicles, electric tools,energy storage, uninterruptible power supply (UPS), and other high-power applications. The company is also the first lithium battery manufacturer in China to be listed on the Nasdaq Stock Market.

Tianjin Lishen Battery Joint-Stock Corporation Limited

Establishment:1997
Headquarters: Tianjin, China
Website: http://en.lishen.com.cn/

The company is a high-tech enterprise controlled by state-owned companies and private shareholders. Since its inception, the company has grown its annual production capacity up to 10 GWh and has maintained a significant market share in the global lithium-ion battery industry for years. It is dedicated to providing customers with total energy solutions, including six product categories-cylindrical battery, prismatic battery, power battery, polymer battery, photovoltaic, ultra-capacitor, and nearly thousand models, with applications covering a wide range of customer electronics, new energy transportation, and energy storage systems.

Lithion Battery (Valence Technology Inc.)

Establishment:1989
Headquarters: Texas, United States
Website: https://www.lithionbattery.com/products/modules/

Lithion Battery (formerly Valence Technology) is the first battery manufacturer to design an extensive, scalable, lithium-ion product line using the Battery Council International (BCI) standards and form factors. The product line is a “drop-in” solution for lead-acid replacement, easy to implement, and eliminates re-tooling charges. The battery can easily be scaled to accommodate a variety of applications from 12 to 1000 volts, using a large lithium-ion battery pack.

SK Innovation Corporation Limited

Establishment:1962
Headquarters: Seoul, South Korea
Website: http://eng.skinnovation.com/

SK Innovation is an intermediate holding company in the field of energy, petrochemical, e-mobility battery, and information electronic materials businesses. It operates EV battery and E&P along with 6 major subsidiaries, including SK Energy, SK geocentric, SK Lubricants, SK Incheon Petrochem, SK Trading International, and SK IE Technology. The company has established a value chain with vertical integration from E&P to produce petrochemical products and expanded the green portfolio through continuous investment in battery and material sectors. It is also investing proactively in eco-friendly businesses to bring happiness to society.

Hitachi Limited

Establishment:1910
Headquarters: Tokyo, Japan
Website: https://www.hitachi.com/

Hitachi Limited has developed lithium-ion batteries featuring long service life, high output, energy density, and reliability. It has been adopted as the battery for eco-friendly cars by its distinct feature of better charging efficiency than the Nickel-metal hydride battery and memory-effect-free performance. Nowadays, the company’s E&D group is developing batteries for long operating life, high durability, safety, and low cost for automotive applications in hybrid electric small-sized trucks, buses, and hybrid railway motorcars.

About IMARC Group:IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects in the lithium-ion battery industry and regionalNorth America, andIndia, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

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