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Li-ion Battery Market in South Korea 2015-2019

About Li-ion battery

A Li-ion battery is a rechargeable battery with the highest electrochemical potential. A positive terminal, a negative terminal, and an electrolyte between the terminals constitute the main parts of the battery. The basic principle of working of Li-ion batteries is to generate power when ions move from a negatively charged anode to the positively charged cathode. When the battery discharges, the movement of ions from the anode to the cathode releases energy. On the other hand, during charging, electricity from the adapter forces the ions to return to the anode in the battery. Once the adapter is removed, this cycle starts again. With time, the charge hold capacity of a Li-ion battery deteriorates because of lack of movement of ions, which are trapped in the anode. Some benefits of using Li-ion batteries include higher current density, low self-discharge rates, and minimal maintenance costs. Li-ion batteries are widely used in the consumer electronics, automotive, industrial, and power grid and renewable energy sectors.

TechNavio's analysts forecast the Li-ion battery market in South Korea to grow at a CAGR of 10.4 percent over the period 2014-2019.

Covered in this report

The Li-ion battery market in South Korea has been segmented into consumer electronics, automotive, industrial, energy storage, and others.

TechNavio's report, Li-ion Battery Market in South Korea 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Kokam
  • LG Chem
  • Samsung SDI
  • SK Innovation
Other prominent vendors
  • Enertech International
  • Vitzrocell
  • Market driver
    • Increased number of Li-ion battery patents and R&D
    • For a full, detailed list, view our report
    Market challenge
    • Lack of charging infrastructure for EVs
    • For a full, detailed list, view our report
    Market trend
    • Emergence of domestic firms as supply front
    • For a full, detailed list, view our report
    Key questions answered in this report
    • What will the market size be in 2019 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?
    • What are the market opportunities and threats faced by the key vendors?
    • What are the strengths and weaknesses of the key vendors?


    Press Release

    Technavio Announces the Publication of its Research Report – Li-ion Battery Market in South Korea 2015-2019

    Technavio recognizes the following companies as the key players in Li-ion Battery Market in South Korea 2015-2019: Kokam, LG Chem, Samsung SDI and SK Innovation.

    Other Prominent Vendors in the market are: Enertech International and Vitzrocell.

    Commenting on the report, an analyst from Technavio’s team said: “Many South Korean firms such as LG Chem and Samsung SDI are becoming supply focal points for end-users, mainly for consumer electronics products because of their impressive cost competitiveness. Currently, Japanese automotive companies have lead in terms of technological development and commercialization. It is likely that companies from other regions may enter because of the immature nature of the market. There is a growing presence of many companies from SouthKorea in the Li-ion battery segment in EVs, which will lead to an increase in market share for South Korea in the global market.”

    According to the report, the growth of the Li-ion battery market in South Korea is driven by several factors, one of which is the growing number of Li-ion battery patents and R&D in the country. These are used for measuring the competitiveness of a country in the Li-ion battery industry.

    Further, the report states that the lack of charging infrastructure for EVs is curtailing the growth of the Li-ion battery market in South Korea.

    Companies Mentioned

    Kokam, LG Chem, Samsung SDI, SK Innovation., Enertech International, Vitzrocell

    • Executive Summary
    • List of Abbreviations
    • Scope of the Report
      • Market overview
    • Market Research Methodology
      • Market research process
      • Research methodology
        • Table Market research methodology
    • Key Takeaways
      • South Korea has surpassed Japan in Li-ion battery market
      • Government support plans for EVs
      • Li-ion battery cost to reduce drastically by 2020
    • Introduction to Li-ion Batteries
      • Advantages and disadvantages of Li-ion batteries
      • Types of Li-ion batteries
        • Lithium cobalt oxide batteries
        • Lithium iron phosphate batteries
        • Lithium manganese oxide batteries
        • Lithium nickel manganese cobalt oxide batteries
        • Lithium nickel cobalt aluminum oxide batteries
        • Lithium titanate batteries
      • Li-ion battery application
    • Market at a Glance
    • Introduction
    • Market Landscape
      • Li-ion battery outlook in South Korea
      • Market size and forecast
      • Five forces analysis
    • Market Segmentation by Application
      • Li-ion battery market in South Korea by application 2014-2019
      • Li-ion battery market in South Korea by consumer electronics segment
        • Market size and forecast
      • Li-ion battery market in South Korea by automotive segment
        • Market size and forecast
      • Li-ion battery market in South Korea by industrial segment
        • Market size and forecast
      • Li-ion battery market in South Korea by energy storage segment
        • Market size and forecast
    • Buying Criteria
    • Market Growth Drivers
      • Table Net calorific values of vehicles with conversion efficiency
    • Drivers and their Impact
    • Market Challenges
    • Impact of Drivers and Challenges
    • Market Trends
    • Trends and their Impact
    • Vendor Landscape
      • Competitive scenario
        • LG Chem
          • Table Flagship Li-ion battery solutions
        • Kokam
        • Samsung SDI
        • SK Innovation
      • Other prominent vendors
    • Key Vendor Profiles
      • LG Chem
        • Key facts
        • Business overview
        • Key products of mobile battery
          • Table LG Chem: key products of mobile Battery
        • Business segmentation
          • Table LG Chem: business segmentation 2013
        • Business segmentation by revenue 2012 and 2013
          • Table LG Chem: business segmentation by revenue 2012 and 2013 ($ billion)
        • Geographical segmentation by revenue 2013
          • Table LG Chem: geographical segmentation by revenue 2013
        • Business strategy
        • SWOT Analysis
      • Kokam
        • Key facts
        • Business overview
        • Key products
          • Table Kokam: key products
        • End-user segmentation
          • Table Kokam: end-user segmentation
        • Geographical presence
          • Table Kokam: geographical presence
        • SWOT Analysis
      • Samsung SDI
        • Key facts
        • Business overview
        • Key products
          • Table Samsung SDI: key products
        • Business segmentation by revenue 2013
          • Table Samsung SDI: business segmentation by revenue 2013
        • Business segmentation by revenue 2012 and 2013
          • Table Samsung SDI: business segmentation by revenue 2012 and 2013 ($ million)
        • Geographical segmentation by revenue 2013
          • Table Samsung SDI: geographical segmentation by revenue 2013
        • Recent developments
        • SWOT Analysis
      • SK Innovation
        • Key facts
        • Business overview
          • Table Performance of power cell
          • Table Performance of energy cell
        • Product segmentation
          • Table SK Innovation: product segmentation
        • Applications areas
          • Table SK Innovation: applications areas
        • Geographical presence
          • Table SK Innovation: geographical presence
        • Recent developments
        • SWOT Analysis
    • Other Prominent Vendor Profiles
      • Enertech
        • Key facts
        • Business Overview
        • SWOT Analysis
      • Voltronix
        • Key Facts
        • Business Overview
        • SWOT Analysis
    • Other Reports in this Series

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