Panasonic Energy Co., Ltd., with a rich history and strong market presence, is a key player in the global lithium-ion battery market. Its commitment to advancing technology and sustainable solutions marks its significant industry presence.
Strong market share and significant projects highlight its industry presence. Samsung SDI, with its longstanding history and strong market presence, is a leading figure in the global lithium-ion battery market.
The lithium-ion battery market, valued at $54.4 billion in 2023, is experiencing rapid growth, with projections indicating a surge to $182.5 billion by 2030 and further expansion to $187.1 billion by 2032. This remarkable growth, at a compound annual growth rate (CAGR) of 14.2% to 20.3%, is fueled by several key factors.
Its unique “Blade Battery” and market dominance make it a key global player. LG Energy Solution, with extensive experience and a robust global network, is a key player in the lithium-ion battery market, focusing on electric vehicle, mobility, IT, and energy storage sectors.
Lithium-ion batteries, abbreviated as Li-ion batteries, are a popular type of rechargeable battery found in a wide range of portable electronics and electric vehicles. At their core, these batteries function through the movement of lithium ions between a carbon-based anode, typically graphite, and a cathode made from lithium metal oxide.
HARVEYPOW, founded in 2011 and based in China, specializes in high-performance lithium-ion batteries for a range of applications. Despite limited details on technology, patents, and market share, the company’s diverse usage and focus on quality highlight its role in the industry.