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Cylindrical Lithium Battery Pack Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • March 2024
  • Region: Global
  • Lucintel
  • ID: 5980095

Cylindrical Lithium Battery Pack Trends and Forecast

The future of the global cylindrical lithium battery pack market looks promising with opportunities in the consumer electronic, medical device, automotive, and energy storage system markets. The global cylindrical lithium battery pack market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are rising demand for e-vehicles, growing adoption of portable electronics, and rapid expansion of renewable energy sector.

Cylindrical Lithium Battery Pack by Segment

The study includes a forecast for the global cylindrical lithium battery pack by type, application, and region.

Cylindrical Lithium Battery Pack Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Li-Ion Cylindrical Battery Pack
  • Li-Polymer Cylindrical Battery Pack

Cylindrical Lithium Battery Pack Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Consumer Electronics
  • Medical Devices
  • Automotive
  • Energy Storage Systems
  • Others

Cylindrical Lithium Battery Pack Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Cylindrical Lithium Battery Pack Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cylindrical lithium battery pack companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cylindrical lithium battery pack companies profiled in this report include:
  • Panasonic
  • Samsung SDI
  • LG Chem
  • Sony
  • BYD
  • Contemporary Amperex Technology
  • Tesla
  • A123 Systems
  • E-One Moli Energy
  • VARTA

Cylindrical Lithium Battery Pack Market Insights

The publisher forecasts that li-polymer is expected to witness higher growth over the forecast period.

Within this market, energy storage system is expected to witness highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Cylindrical Lithium Battery Pack Market

- Market Size Estimates: Cylindrical lithium battery pack market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Cylindrical lithium battery pack market size by type, application, and region in terms of value ($B).
  • Regional Analysis: Cylindrical lithium battery pack market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the cylindrical lithium battery pack market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cylindrical lithium battery pack market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for cylindrical lithium battery pack market?
Answer: The global cylindrical lithium battery pack market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the cylindrical lithium battery pack market?
Answer: The major drivers for this market are rising demand for e-vehicles, growing adoption of portable electronics, and rapid expansion of renewable energy sector.

Q3. What are the major segments for cylindrical lithium battery pack market?
Answer: The future of the cylindrical lithium battery pack market looks promising with opportunities in the consumer electronic, medical device, automotive, and energy storage system markets.

Q4. Who are the key cylindrical lithium battery pack market companies?
Answer: Some of the key cylindrical lithium battery pack companies are as follows:
  • Panasonic
  • Samsung SDI
  • LG Chem
  • Sony
  • BYD
  • Contemporary Amperex Technology
  • Tesla
  • A123 Systems
  • E-One Moli Energy
  • VARTA
Q5. Which cylindrical lithium battery pack market segment will be the largest in future?
Answer: The publisher forecasts that li-polymer is expected to witness higher growth over the forecast period.

Q6. In cylindrical lithium battery pack market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.

Q7. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the cylindrical lithium battery pack market by type (li-ion cylindrical battery pack and li-polymer cylindrical battery pack), application (consumer electronics, medical devices, automotive, energy storage systems, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Cylindrical Lithium Battery Pack Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Cylindrical Lithium Battery Pack Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Cylindrical Lithium Battery Pack Market by Type
3.3.1: Li-Ion Cylindrical Battery Pack
3.3.2: Li-Polymer Cylindrical Battery Pack
3.4: Global Cylindrical Lithium Battery Pack Market by Application
3.4.1: Consumer Electronics
3.4.2: Medical Devices
3.4.3: Automotive
3.4.4: Energy Storage Systems
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Cylindrical Lithium Battery Pack Market by Region
4.2: North American Cylindrical Lithium Battery Pack Market
4.2.1: North American Cylindrical Lithium Battery Pack Market by Type: Li-Ion Cylindrical Battery Pack and Li-Polymer Cylindrical Battery Pack
4.2.2: North American Cylindrical Lithium Battery Pack Market by Application: Consumer Electronics, Medical Devices, Automotive, Energy Storage Systems, and Others
4.3: European Cylindrical Lithium Battery Pack Market
4.3.1: European Cylindrical Lithium Battery Pack Market by Type: Li-Ion Cylindrical Battery Pack and Li-Polymer Cylindrical Battery Pack
4.3.2: European Cylindrical Lithium Battery Pack Market by Application: Consumer Electronics, Medical Devices, Automotive, Energy Storage Systems, and Others
4.4: APAC Cylindrical Lithium Battery Pack Market
4.4.1: APAC Cylindrical Lithium Battery Pack Market by Type: Li-Ion Cylindrical Battery Pack and Li-Polymer Cylindrical Battery Pack
4.4.2: APAC Cylindrical Lithium Battery Pack Market by Application: Consumer Electronics, Medical Devices, Automotive, Energy Storage Systems, and Others
4.5: ROW Cylindrical Lithium Battery Pack Market
4.5.1: ROW Cylindrical Lithium Battery Pack Market by Type: Li-Ion Cylindrical Battery Pack and Li-Polymer Cylindrical Battery Pack
4.5.2: ROW Cylindrical Lithium Battery Pack Market by Application: Consumer Electronics, Medical Devices, Automotive, Energy Storage Systems, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cylindrical Lithium Battery Pack Market by Type
6.1.2: Growth Opportunities for the Global Cylindrical Lithium Battery Pack Market by Application
6.1.3: Growth Opportunities for the Global Cylindrical Lithium Battery Pack Market by Region
6.2: Emerging Trends in the Global Cylindrical Lithium Battery Pack Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cylindrical Lithium Battery Pack Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cylindrical Lithium Battery Pack Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Panasonic
7.2: Samsung SDI
7.3: LG Chem
7.4: Sony
7.5: BYD
7.6: Contemporary Amperex Technology
7.7: Tesla
7.8: A123 Systems
7.9: E-One Moli Energy
7.10: VARTA

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Panasonic
  • Samsung SDI
  • LG Chem
  • Sony
  • BYD
  • Contemporary Amperex Technology
  • Tesla
  • A123 Systems
  • E-One Moli Energy
  • VARTA

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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