The North America lithium-ion battery market size was estimated at USD 14.8 billion in 2023 and projected to grow at a CAGR of 20.9% from 2024 to 2030. Rechargeable batteries are being used more frequently as a result of the rise in portable consumer electronics that use batteries. Portable electronic gadgets including MP3 players, digital cameras, laptops, and smartphones require rechargeable batteries to provide efficient and effective power. Battery technology continues to evolve to meet high performance and power density requirements for devices.
In the U.S., the mercury-containing and rechargeable battery management act has been introduced to reduce the use of mercury in single-use batteries and toxic metals such as lead and cadmium in rechargeable batteries. This has enabled market players to increase investment in R&D to gain a competitive advantage in the market. The advancement in technologies is providing ample products for consumers such as wearables devices, virtual and augmented reality, 4k televisions, 3D printers, drones, and communication robots to name a few, which are likely to find a foothold among tech-savvy consumers over the forecast period. Since the development of new technologies reduces the product’s life cycle, consumer interests have altered accordingly, thus, companies must be agile in their responses to stay competitive in the market space.
In the U.S., the mercury-containing and rechargeable battery management act has been introduced to reduce the use of mercury in single-use batteries and toxic metals such as lead and cadmium in rechargeable batteries. This has enabled market players to increase investment in R&D to gain a competitive advantage in the market. The advancement in technologies is providing ample products for consumers such as wearables devices, virtual and augmented reality, 4k televisions, 3D printers, drones, and communication robots to name a few, which are likely to find a foothold among tech-savvy consumers over the forecast period. Since the development of new technologies reduces the product’s life cycle, consumer interests have altered accordingly, thus, companies must be agile in their responses to stay competitive in the market space.
North America Lithium-ion Battery Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, the analyst has segmented North America lithium-ion battery market report based on the product, application, and region:Product Outlook (Revenue, USD Billion, 2018 - 2030)
- Lithium Cobalt Oxide (LCO)
- Lithium Iron Phosphate (LiFePO4)
- Lithium Nickel Cobalt Aluminum Oxide (NCA)
- Lithium Manganese Oxide (LMO)
- Lithium Titanate (LTO)
- Lithium Nickel Manganese Cobalt (NMC)
Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Consumer Electronics
- Automobile
- Energy Storage
- Industrial
- Medical Devices
Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
The leading players in the North America Lithium-Ion Battery market include:
- A123 Systems
- Duracell Inc.
- Tesla Inc.
- Saft America
- Johnson Controls
- CANBAT Technologies Inc.
- Electrochem, an Integer company (Integer Holdings Corporation)
- Corvus Energy
- Prime Power
- Panasonic Corporation
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. North America Lithium-ion Battery Market Variables, Trends, and Scope
Chapter 4. North America Lithium-ion Battery Market: Product Estimates & Trend Analysis
Chapter 5. North America Lithium-ion Battery Market: Application Estimates & Trend Analysis
Chapter 6. North America Lithium-ion Battery Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
The leading players in the North America Lithium-Ion Battery market include:- A123 Systems
- Duracell Inc.
- Tesla Inc.
- Saft America
- Johnson Controls
- CANBAT Technologies Inc.
- Electrochem, an Integer company (Integer Holdings Corporation)
- Corvus Energy
- Prime Power
- Panasonic Corporation
Methodology
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