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Global Cylindrical Lithium-Ion Battery Market 2019-2023

Global Cylindrical Lithium-Ion Battery Market 2019-2023

About Cylindrical Lithium-Ion Battery

Cylindrical lithium-ion battery offers good mechanical stability, ease of manufacturing, and do not deform as they withstand higher levels of internal pressure than other lithium- oil battery shapes.

Technavio’s analysts forecast the global cylindrical lithium-ion battery market to grow at a CAGR of 18.28% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the global cylindrical lithium-ion battery market for 2019-2023. To calculate the market size, the report considers the revenue generated from the use of cylindrical lithium-ion battery market in different applications

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cylindrical Lithium-Ion Battery Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendor
    s
  • Johnson Controls
  • LG Chem
  • Murata Manufacturing
  • Panasonic
  • SAMSUNG SDI
Market driver
  • Increase in demand for power banks
  • For a full, detailed list, view our report
Market challenge
  • Safety concerns in lithium- ion batteries
  • For a full, detailed list, view our report
Market trend
  • Advances in cylindrical lithium- ion battery capacity
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2023 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Cylindrical Lithium-Ion Battery Market 2019-2023

Technavio recognizes the following companies as the key players in the global cylindrical lithium-ion battery market: Johnson Controls, LG Chem, Murata Manufacturing, Panasonic, SAMSUNG SDI.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the revisions in lithium- ion battery Safety standards. Lithium-based chemistries have undergone several changes due to the ongoing advances and R&D in lithium batteries. Such revisions in battery safety standards are expected to reduce the risks involved in using cylindrical lithium-ion batteries.

According to the report, one of the major drivers for this market is the shift in the automotive industry to EVs/ The increasing adoption of EVs owning to sustainability factors will result in increased sales volumes of cylindrical lithium-ion batteries, thereby, driving the growth of the market.

Further, the report states that one of the major factors hindering the growth of this market is the competition from other substitutes batteries. The market is facing intense competition from various other battery chemistries based on applications. Laptops are also available with prismatic lithium- ion batteries and nickel metal hydride battery chemistries.

Companies Mentioned

Johnson Controls

LG Chem

Murata Manufacturing

Panasonic

SAMSUNG SDI

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global lithium-ion battery market
      • Table Segments of global lithium-ion battery market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Automotive - Market size and forecast 2018-2023
      • Table Automotive - Market size and forecast 2018-2023 ($ billions)
      • Table Automotive - Year-over-year growth 2019-2023 (%)
    • Industrial - Market size and forecast 2018-2023
      • Table Industrial - Market size and forecast 2018-2023 ($ billions)
      • Table Industrial - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ billions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ billions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ billions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Revisions in lithium-ion battery safety standards
    • Advances in cylindrical lithium-ion battery capacity
    • Declining prices of lithium-ion batteries
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Johnson Controls
      • Table Johnson Controls - Vendor overview
      • Table Johnson Controls - Business segments
      • Table Johnson Controls - Organizational developments
      • Table Johnson Controls - Geographic focus
      • Table Johnson Controls - Segment focus
      • Table Johnson Controls - Key offerings
    • LG Chem
      • Table LG Chem - Vendor overview
      • Table LG Chem - Business segments
      • Table LG Chem - Organizational developments
      • Table LG Chem - Geographic focus
      • Table LG Chem - Segment focus
      • Table LG Chem - Key offerings
    • Murata Manufacturing
      • Table Murata Manufacturing - Vendor overview
      • Table Murata Manufacturing - Business segments
      • Table Murata Manufacturing - Organizational developments
      • Table Murata Manufacturing - Geographic focus
      • Table Murata Manufacturing - Segment focus
      • Table Murata Manufacturing - Key offerings
    • Panasonic
      • Table Panasonic - Vendor overview
      • Table Panasonic - Business segments
      • Table Panasonic - Organizational developments
      • Table Panasonic - Geographic focus
      • Table Panasonic - Segment focus
      • Table Panasonic - Key offerings
    • SAMSUNG SDI
      • Table SAMSUNG SDI - Vendor overview
      • Table SAMSUNG SDI - Business segments
      • Table SAMSUNG SDI - Organizational developments
      • Table SAMSUNG SDI - Geographic focus
      • Table SAMSUNG SDI - Segment focus
      • Table SAMSUNG SDI - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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