India Lithium-ion Battery Market Trends and Growth Forecast for 2024-2030
India Lithium-ion Battery Market Overview:
Maximize Market Research, a India Lithium-ion Battery business research firm has published a report on the India Lithium-ion Battery Market. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).
Estimated Growth Rate for India Lithium-ion Battery Market:
India Lithium-ion Battery Market size was valued at USD 2.54 Bn in 2023 and is expected to reach USD 6.92 Bn by 2030, at a CAGR of 15.4 %.
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India Lithium-ion Battery Market Report Scope and Research Methodology:
The scope of the India Lithium-ion Battery market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the India Lithium-ion Battery market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the India Lithium-ion Battery sector and capitalizing on growth prospects.
India Lithium-ion Battery Market Regional Insights:
Improved dependability and increasing demand drive growth in the India Lithium-ion Battery Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific India Lithium-ion Battery market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.
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India Lithium-ion Battery Market Segmentation:
By Type
Lithium Nickel Manganese Cobalt
Lithium Iron Phosphate
Lithium Cobalt Oxide
Lithium Titanate Oxide
Lithium Manganese Oxide
Lithium Nickel Cobalt Aluminum Oxide
Lithium nickel manganese cobalt, lithium iron phosphate, lithium cobalt oxide, lithium titanate oxide, lithium manganese oxide, and lithium nickel cobalt aluminum oxide are the sections that make up the market. Over the course of the projected period, lithium iron phosphate is anticipated to dominate the Indian lithium-ion battery market. LiFePO4 batteries, sometimes referred to as LFP batteries, are characterized by their high current rating and lengthy service life, which frequently exceeds five years. Compared to other lithium-ion chemistries, these batteries provide greater thermal stability, low resistance, and outstanding electrochemical performance.
By Material
Cathode material
Anode material
Electrolyte material
Separator material
Current collector material
Others
The market is divided into several categories, including separator, current collector, electrolyte, cathode, and anode materials. In 2023, cathode material accounted for the highest share of the Indian lithium-ion battery market. Significant advancements in the lithium-ion battery sector in India have been fueled by cathode materials, which have become the industry's dominating component. The acquisition of Johnson Matthey's lithium-ion phosphate (LFP) cathode active material technology center in Moosburg, Germany, by Epsilon Advanced Materials (EAM) has generated news. With this acquisition, India becomes the first Asian nation outside of China to produce LFP cathode materials, which is a significant milestone.
By Capacity
Below 3,000 mAh
3,001 – 10,000 mAh
10,001 – 60,000 mAh
Above 60,000 mAh
By Application
Consumer Electronics
Automotive
Energy Shortage (Power)
Industrial Applications (Aerospace, Marine, Medical, Telecommunications, Others)
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Table of Content: India Lithium-ion Battery Market
Part 01: Executive Summary
Part 02: Scope of the India Lithium-ion Battery Market Report
Part 03: Global India Lithium-ion Battery Market Landscape
Part 04: Global India Lithium-ion Battery Market Sizing
Part 05: Global India Lithium-ion Battery Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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India Lithium-ion Battery Market Key Players:
1. Battrixx ( Bengaluru, Karnataka, India)
2. Contemporary Amperex Technology Co., Ltd. (CATL) ( Bengaluru, Karnataka, India)
3. Exicom Tele(Systems Limited ( New Delhi, India)
4. Grinntech Motors & Services Pvt. Ltd.( Chennai, Tamil Nadu, India)
5. Guoxuan High (Gotion High Tech Co. Ltd.) ( Bengaluru, Karnataka, India)
6. LG Energy Solution Ltd. ( Pune, Maharashtra, India)
7. Panasonic Life Solutions India Pvt. Ltd. ( Mumbai, Maharashtra, India)
8. Samsung SDI Co., Ltd. ( Bengaluru, Karnataka, India)
9. Toshiba Corporation (Toshiba India Pvt. Ltd.) ( New Delhi, India)
10. Trontek Electronics Pvt. Ltd. ( Pune, Maharashtra, India)
11. Coslight India Telecom Pvt. Ltd. ( Noida, Uttar Pradesh, India)
12. Cygni Energy Private Limited ( Hyderabad, Telangana, India)
13. Euclion Energy Private Limited ( Bengaluru, Karnataka, India)
14. Future Hi(Tech Batteries ( Surat, Gujarat, India)
15. Greenfuel Energy Solutions ( Bengaluru, Karnataka, India)
16. Log9 Materials Scientific Pvt Ltd. ( Bengaluru, Karnataka, India)
17. Loom Solar Pvt. Ltd. ( Faridabad, Haryana, India)
18. Okaya Power Pvt. Ltd. ( New Delhi, India)
19. Waaree ESS ( Mumbai, Maharashtra, India)
Key questions answered in the India Lithium-ion Battery Market are:
- Who are the leading companies and what are their portfolios in India Lithium-ion Battery Market?
- What segments are covered in the India Lithium-ion Battery Market?
- Who are the key players in the India Lithium-ion Battery market?
- What is India Lithium-ion Battery?
- What was the India Lithium-ion Battery market size in 2023?
- What is the growth rate of the India Lithium-ion Battery Market?
- Which are the factors expected to drive the India Lithium-ion Battery market growth?
- What are the different segments of the India Lithium-ion Battery Market?
- What growth strategies are the players considering to increase their presence in India Lithium-ion Battery?
- What are the upcoming industry applications and trends for the India Lithium-ion Battery Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the India Lithium-ion Battery Market?
- What segments are covered in the India Lithium-ion Battery Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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