LithiumIon (LiIon) Global Market Report 2023 – By Power Capacity (0 To 3000 Mah, 3000 To 10000mAH, 10000 To 60000 Mah, Above 60000mAH), By Application (Consumer Electronics, Automotive, Marine, Aerospace & Defense, Medical, Industrial, Power, Other Applications), By Component (Cathode, Anode, Separators, Electrolytes, Aluminium Foil, Copper Foil, Other Components), By Type (Lithium Nickel Manganese Cobalt (LINMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Titanate Oxide (LTO), Lithium Manganese Oxide (LMO), Lithium Nickel Cobalt Aluminum Oxide (NCA)), By Chemistry (LFP, LCo., LTO, NMC, NCA, LMO) – Market Size, Trends, And Global Forecast 2023-2032

Electronic bikes are battery-powered bikes that resemble gas-powered bikes but require electric power to operate. Electric bikes are equipped with an integrated electric motor driving system and a battery that produces power for causing or assisting propulsion. The main types of classes in electric bikes are class-I, class-II, and class-III. Class-I is a type of electric bike that has an electric motor and works only while pedaling. The different motor types include mid-motor, hub motor and have various battery types such as lead-acid, lithium-ion (Li-ion), nickel-metal hydride (NiMH), others. It is used in several applications including mountain or trekking, city or urban, cargo, and others. The global electric bikes global market is segmented – 1) By Class: Class-I, Class-II, Class-III 2) By Motor Type: Mid Motor, Hub Motor 3) By Battery Type: Lead Acid, Lithium ion (Li-ion), Nickel-Metal Hydride (NiMH), Other Battery Types 4) By Application: Mountain Or Trekking, City Or Urban, Cargo, Other Applications The global electric bikes market size will grow from $43.22 billion in 2022 to $49.54 billion in 2023 at a compound annual growth rate (CAGR) of 14.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of electric bikes market is expected to grow to $85.62 billion in 2027 at a CAGR of 14.7%. The implementation of government regulations to encourage the use of electric bikes is expected to propel the growth of the electric bikes market in the coming years. Electric bikes have a longer range and are easier to use, allowing users to travel without sweating, pull bigger loads, run more errands, and take longer journeys. For instance, in 2021, the FAME India Scheme (Faster Adoption and Manufacturing of (Hybrid & Electric Vehicles) was implemented with a budget of $1.36 billion and it focuses on the electrification of public and shared transportation. Furthermore, in 2021, the California state budget committed $10 million to the Air Resources Board to implement the e-bike rebate program by July 2022. Therefore, the implementation of government regulations to encourage electric bikes drives the electric bikes market. Technological advancements are shaping the electric bikes market. Major companies operating in the electric bikes sector are focused on developing technological solutions for electric bikes to meet customer demand and strengthen their position. For instance, in September 2021, Bosch, a Germany-based technology company has unveiled its new Smart System, a comprehensive package that includes innovative digital advances, such as a new mobile app and wireless remote control, to improve the digitalization of bikes utilizing the company's drivetrain system. Riders may set riding modes, automatically record activity, and integrate fitness apps including Apple Health with the new mobile app. In January 2022, TVS Motor Company, an Indian motorcycle manufacturer, acquired Swiss E-mobility Group (SEMG). The acquisition is TVS motors’ step towards developing eco-friendly transport solutions for their customers to advance towards a sustainable future. SEMG is the largest Swiss e-bike manufacturer. Major players in the electric bikes market are Accell Group, Derby Cycle AG, Tianjin Fuji-ta Group, Giant Bicycles, Mahindra & Mahindra, Merida Industry Co. Ltd., Pedego Electric Bikes, Tianjin Golden Wheel Bicycle Group Co Ltd., Trek Bicycle Corporation, Pon Bicycle Holding B.V., VanMoof, FRITZMEIER Systems GmbH & Co. KG, Gocycle, Klever Mobility, and Panasonic. Asia-Pacificwas the largest region in the electric bikes market in 2022. Europe is expected to be the fastest growing region in the forecast period. The regions covered in the electric bikes report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the electric bikes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The electronic bikes market consists of sales of e-moped, e-cycles and e-scooters.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electric bikes market research report is one of a series of new reports from The Business Research Company that provides electric bikes market statistics, including electric bikes industry global market size, regional shares, competitors with a electric bikes market share, detailed electric bikes market segments, market trends and opportunities, and any further data you may need to thrive in the electric bikes industry. This electric bikes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

An electric car is an electric vehicle that runs on a chargeable battery such as a nickel-metal hydride (NI-MH) battery, lithium-ion battery, or fuel cell battery. The main types in the electric cars market are battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and hybrid electric vehicles (HEV). Battery electric vehicles operate only on stored electricity, and their main components consist of a high-voltage battery, one or more electric motors (either alternating current [AC] or direct current [DC]), and a controller for managing the power electronics. The battery types involved are lithium-iron-phosphate (left), lithium–nickel–manganese cobalt oxide (li–nmc), lithium–titanate oxide (to) battery, lithium–nickel–cobalt–aluminum oxide (NCA) battery, nickel-metal hydride (NIMH) battery, lead-acid battery. The applications involved are home use and commercial use. The global electric cars market is segmented - 1) By Type: Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV) 2) By Battery Type: Lithium-Iron-Phosphate (LFP), Lithium–Nickel–Manganese Cobalt Oxide (Li-NMC), Lithium–Titanate oxide (LTO) battery, Lithium–Nickel–Cobalt–Aluminum oxide (NCA) battery, Nickel–metal hydride (NiMH) battery, Lead Scid Battery 3) By Application: Home Use, Commercial Use The global electric cars market size will grow from $278.75 billion in 2022 to $365.72 billion in 2023 at a compound annual growth rate (CAGR) of 31.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global electric cars is expected to grow to $1,083.65 billion in 2027 at a CAGR of 31.2%. The growing demand for electric vehicles is driving the growth of electric cars market. Electric cars are one of the fastest-growing segments of the electric vehicle market. According to the IEA, in 2021, electric car (including fully electric and plug-in hybrids) sales doubled compared to previous years to nearly 6.6 million. According to Forbes, electric vehicles (EVs) will surge to 57%, which is more than half of global passenger car sales by 2040. The major companies in the automobile industry, such as Tesla, BMW, Volkswagen, and others, are expected to release around 200 models of electric vehicles. Electric vehicles don’t use fuel or gas, and they are more economical than other vehicles. The demand for an electric vehicle is growing because of its low maintenance, less carbon emissions, convenient charging, less noise from the engine, and higher fuel costs. Major players in the electric cars market are Toyota, BMW, BYD, Tesla, BMW, Volkswagen, General Motors, BAiC Motors, SAIC, and Daimler AG. The lack of standardization of charging infrastructure is slowing down the electric car market. The charging infrastructure is a charging point for battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), hybrid electric vehicles (HEV), and fuel cell electric vehicles (FCEV) available in every region. According to McKinsey’s report, there will be an estimated 120 million electric vehicle units on the road by 2030. The demand for electric vehicles is rising due to environmental concerns and health hazards. The sudden shift to electric vehicles in many regions has led to a lack of charging infrastructure. In India, Tesla, Mahindra, Audi, and other international OEMs are expected to launch 10 new electric vehicle models by 2021. However, many countries don’t have proper charging infrastructure for electric vehicles due to higher up-front capital, higher operating costs, and low utilization of electric vehicles. This factor is likely to challenge the growth of this electric cars market. The development of wireless charging facilities for electric vehicles is the greatest opportunity for both OEMs and end-users. Wireless charging enables charging of an electric vehicle without any inconvenience of finding the right cable connector at the charging point and/or stopping by at any charging station. Wireless charging uses dynamic and inductive charging technologies where the electricity is transferred from one magnetic coil in the charger to a second magnetic coil connected to a car. Because OEMs and technology companies discovered that a wireless charging system is far more convenient than a plug-in system for charging an electric vehicle. Qualcomm's technologies are continuously working on its wireless charging system called Qualcomm Halo that uses dynamic technology that helps to charge the electric vehicle while driving. Therefore, the wireless charging system has huge scope in the future to electrify vehicles all over the world. In June 2022, Club Car, an American manufacturer of golf, consumer, and utility vehicles, acquired Garia A/S, a manufacturer of electric street low-speed vehicles, for an undisclosed amount. The acquisition helped Club Car get Garia A/S street-legal utility and last-mile delivery portfolio, which will be mainly used to increasing the global reach. Garia A/S also design and build 100 % electric fit-to-task vans and truck. Asia-Pacific was the largest region in the electric cars market in 2022. Western Europe was the second largest market in the global electric cars market share. The regions covered in the global electric cars market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the electric cars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The electric cars market consists of sales of fuel cell electric vehicle (FCEV) and all-electric vehicle (AEV). Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electric cars market research report is one of a series of new reports from The Business Research Company that provides electric cars market statistics, including electric cars industry global market size, regional shares, competitors with an electric cars market share, detailed electric cars market segments, market trends and opportunities, and any further data you may need to thrive in the electric cars industry. This electric cars market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Electric commercial vehicles are electrically powered, self-propelled electric vehicles used for transportation that help reduce greenhouse gas emissions (GHG) and pollution and work with the help of both electric motors working in tandem. The main propulsion types in electric commercial vehicles are BEV, PHEV, and FCEV. Battery electric vehicles operate only on stored electricity, and their main components consist of a high-voltage battery, one or more electric motors (either alternating current [AC] or direct current [DC]), and a controller for managing the power electronics. The vehicle types involved are electric buses, electric trucks, electric pick-up trucks, and electric vans. The battery types involved are lithium-iron-phosphate (left), lithium-nickel-manganese-cobalt oxide (nmc), and others. The technologies involved are battery-electric commercial vehicles, plug-in hybrids, hybrids, and fuel cell electric commercial vehicles. The global electric commercial vehicles market is segmented - 1) By Propulsion Type: BEV, PHEV, FCEV 2) By Vehicle Type: Electric Bus, Electric Truck, Electric Pick-up Truck, Electric Van 3) By Battery Type: Lithium-iron-phosphate (LFP), Lithium-nickel-manganese-cobalt oxide (NMC), Other Battery Types 4)By Technology: Battery Electric Commercial Vehicles, Plug-in Hybrids, Hybrids, Fuel Cell Electric Commercial Vehicles The global commercial electric vehicles market size grew from $88.45 billion in 2022 to $116.95 billion in 2023 at a compound annual growth rate (CAGR) of 32.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global commercial electric vehicles is expected to grow from $357.44 billion in 2027 at a CAGR of 32.2%. During the historic period, government subsidies on electric commercial vehicles marketcontributed to the growth of the electric commercial vehicle market. For instance, according to the Government of India Budget 2022-23, the faster adoption and manufacturing of hybrid and electric vehicles (FAME) scheme will provide a subsidy of up to INR 2908 crores. Similarly, according to the Uttar Pradesh government's Manufacturing and Mobility policy 2022, all-electric vehicles will be subsidized including bikes, scooters, three-wheelers, and cars. As part of this new policy, the state government will offer subsidies of up to Rs 1 lakh for electric cars for three years. The subsidies were given to three and four-wheeled electric vehicles for commercial and fleet applications. The market is being driven by the government's support for the use of growth of the electric commercial vehicles market. Major players in the electric commercial vehicles market are BYD, Proterra, AB Volvo, Daimler AG, Nissan, ABB, Scania AB, Tesla, Nikola Motor Company, and Tata Motors. The growth of the electric commercial vehicles market is restrained by limited battery power and longer charging duration. For electric commercial vehicles, the range and performance of the battery are typically less powerful and have a limited range (60-100 miles per charge), and are considered suitable only for short-distance travel. The limited travel range of electric vehicle batteries raises consumer concerns that their vehicles will run out of charge/power before arriving at their destination. Charge duration is another major challenge for the market. The lack of availability of supercharging stations adds to the woes associated with the use of batteries in electric vehicles. For example, according to the Alternative Fuels Data Center, in the USA in 2020, there will be around 76,000 public charging stations, compared to 168,000 stations that serve gas. When surveying USA customers about purchasing electric vehicles, more than half of the respondents indicated that they wouldn’t buy an EV due to a lack of charging stations. Therefore, these factors are major restraints for the electric commercial vehicles market during the period. Electric commercial vehicles market companies are implementing strategic partnerships for the production of electric commercial vehicles. Strategic partnerships in electric commercial vehicles involve the sharing of resources and expertise that enhance the product and multiply the results. It attracts popularity from consumers and other stakeholders, helping to increase the investment while reducing costs. For instance, in 2020, in South Korea, Hyundai Motor Company and Kia Motors Corporation strategically partnered and are investing €100 million (about $110 million) in a UK-based electric vehicle startup company, 'Arrival,' for developing electric commercial vehicles such as eco-friendly vans and commercial vehicles for logistics. In August 2021, Ideanomics, a US-based company focused on driving the adoption of commercial electric vehicles and associated energy consumption, acquired VIA Motors International for an undisclosed amount. Through this acquisition, Ideanomics will leverage highly complementary products to increase Ideanomics market reach and foster prospects for joint development and marketing. VIA Motors International is a US-based manufacture commercial electric vehicles. Asia-Pacific was the largest region in the electric commercial vehicles market in 2022. North America was the second largest region in the global electric commercial vehicles market share. The regions covered in the global electric commercial vehicles market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the electric commercial vehicles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The electric commercial vehicles market consists of sales of hybrid electric vehicles (HEVs) and extended range electric vehicles (E-REVs). Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electric commercial vehicles market research report is one of a series of new reports from The Business Research Company that provides electric commercial vehicles market statistics, including electric commercial vehicles industry global market size, regional shares, competitors with an electric commercial vehicles market share, detailed electric commercial vehicles market segments, market trends and opportunities, and any further data you may need to thrive in the electric commercial vehicles industry. This electric commercial vehicles market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

General minerals are elements found on the earth and in foods that our bodies require for normal development and function. The main types of general minerals are other general minerals, potash, salt, magnesite, sulfur, kaolin, asbestos, feldspar, boron, gypsum, talc, graphite, baryte, bentonite, diatomite, lithium, selenium, perlite, vermiculite, and arsenic. Vermiculite is a mineral that occurs naturally in the form of glossy flakes ranging in color from dark gray to sandy brown. These flakes are a hydrated magnesium iron aluminum silicate mineral, when heated in a commercial furnace expand and take on a concertina shape. The various organization involved are large enterprises, small and medium enterprises. The different service providers include independent contractors and companies. The global general minerals market is segmented - 1) By Type: Potash, Salt, Magnesite, Sulfur, Kaolin, Asbestos, Feldspar, Boron, Gypsum, Talc, Graphite, Baryte, Bentonite, Diatomite, Lithium, Selenium, Perlite, Vermiculite, Arsenic, Other General Minerals 2) By Organisation Size: Large Enterprises, Small And Medium Enterprises 3) By Service Provider Type: Independent Contractors, Companies Subsegments Covered: Flake Graphite, Non-Flake Graphite Large Grade Vermiculite, Fine And Finer Grade Vermiculite, Medium Grade Vermiculite. The global general minerals market size grew from $188.66 billion in 2022 to $203.28 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The general minerals market is expected to grow to $289.76 billion in 2027 at a CAGR of 9.3%. Mining companies are using advanced geosynthetic clay liners to prevent leakage and corrosion in mining operations. GCLs are geotextile and bentonite composites used in environmental containment applications. Advanced GCLs have higher chemical compatibility, slope stability, composite construction, swelling capacity, and lower permeability than conventional clay liners. Other benefits of GCL include easy installation, better hydraulic performance, and resistance to varying weather conditions. Major companies offering GCLs include CETCO, GSE, Elcoseal, Terrafix, and Tencate. Major companies in the general minerals market include The Mosaic Co, Sociedad Quimica y Minera de Chile S.A., Compass Minerals International, Inc., Iluka Resources Limited, Clariant AG, Rio Tinto, Alcoa Corporation, CRH Plc, Israel Corporation Ltd., OCP SA, and PotashCorp. Asia-Pacific was the largest region in the general minerals market in 2022. North America was the second largest region in the general minerals market. The regions covered in the general minerals market share are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the general minerals market repot are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Vietnam, Bangladesh, Ukraine, and Iran. The general minerals market consists of sales of mine construction sand and gravel, industrial sand, kaolin and ball clay, clay and ceramic and refractory minerals, potash, soda and borate mineral, phosphate rock, or other chemical and fertilizer minerals mining. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The general minerals market research report is one of a series of new reports from The Business Research Company that provides general minerals market statistics, including general minerals industry, market size, regional shares, competitors with a general minerals market share, detailed general minerals market segments, market trends and opportunities, and any further data you may need to thrive in the general minerals industry. This general minerals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Lithium primary batteries are defined as disposable batteries, the charge moves from the cathode to the anode during charging and from the anode to the cathode during discharge. Lithium batteries can produce between 1.5 and 3.7 volts, which is more than twice the voltage of an ordinary alkaline or zinc-carbon battery. Lithium batteries are used in clocks and cameras. The main types of lithium primary batteries are lithium/thionyl chloride batteries (Li/SOCl2), lithium/manganese dioxide batteries (Li/MnO2) and lithium/polycarbonate monofluoride batteries (Li/CFX). Lithium Manganese Oxide (LiMnO2) batteries use manganese as the cathode and lithium as the anode. To improve ion flow, the battery is designed as a spinel. It includes lithium salt that serves as an "organic solvent" needed to abridge the current traveling between the anode and the cathode. The voltage of lithium primary batteries ranges from less than 4.5V, 4.6V to 12V, 13V to 18V, 19V to 24V, 25V to 36V, 37V to 48V, and above 48V, and they are available as rechargeable and non-rechargeable. Lithium batteries are used in aerospace and defense, medical, industrial, and other applications. The global lithium primary batteries market is segmented – 1) By Type: Lithium/Thionyl Chloride Battery (Li/Socl), Lithium/Manganese Dioxide Battery (Li/Mno), Lithium/Polycarbon Monofluoride Battery (Li/Cfx) 2) By Application: Aerospace and Defense, Medical, Industrial, Others Application 3) By Voltage: Less than 4.5V, 4.6V to 12V, 13V to 18V, 19V to 24V, 25V to 36V, 37V to 48V, Above 48V 4) By Operation: Rechargeable, Non-rechargeable The global lithium primary batteries market size will grow from $2.83 billion in 2022 to $2.9 billion in 2023 at a compound annual growth rate (CAGR) of 2.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global lithium primary batteries is expected to grow to $3.22 billion in 2027 at a CAGR of 2.7%. Increasing demand for consumer electronics contributed to the growth of the lithium primary batteries market. Non-rechargeable primary batteries such as dry batteries and button-type batteries are commonly used in consumer appliances like remote controls for TVs, clocks, and toys. For instance, In April 2020, according to a market figure published by gfu Consumer and Home Electronics GmbH, a Germany-based consumer electronics company, stated that with 31.2 billion Euros in sales in 2021, the consumer electronics segment is up 2.5% from 2020. Additionally, the segment of IT goods for private use, in particular, grew positively, increasing by 3.1% to 8.7 billion euros. The primary batteries market experiences huge demand from the consumer electronics segment, which in turn is anticipated to propel the revenues generated for the lithium primary batteries market. Major players in the lithium primary batteries market are Hitachi Maxell, Ultralife, Energizer, FDK Corporation, Tadiran, Vitzrocell, EVE Energy, Panasonic, SAFT, and Varta. During the forecast period, the demand-supply gap in the lithium industry is expected to hinder the growth of the lithium primary batteries market. Lithium is an integral component of batteries which are widely used in daily life. Due to the soaring demand for lithium primary batteries, there is growing concern about whether there is enough lithium to keep up with the rising demand. For instance, the demand for metal is predicted to grow by 600,000 to 800,000 tons over the next 10 years. Furthermore, growth in the number and size of the batteries will be responsible for more than 90% of the demand for lithium by 2030. Since the recycling of lithium primary batteries is still under development, and there are also certain regulatory challenges coupled with challenging technical processes and collection procedures, a shortfall in supplies of lithium, as well as other metals used in batteries is expected. This is likely to slow down the production of batteries which would affect the lithium primary batteries market growth. The launch of paper-based bio-battery powered by bacteria has created immense demand in the lithium primary batteries market. Paper has unique edges as a material for biosensors. With its unique advantages as a material for biosensors, it is being used in the development of paper-based bio-battery. By integrating bacteria into paper batteries, researchers created a cheap, sustainable way to power billions of sensors and devices. The paper battery currently has a shelf life of about four months and is for one-time use. As commercial batteries are too wasteful and expensive and cannot be integrated into paper substrates, the best solution is to shift to a paper-based bio-battery. In February 2022, LG Energy Solution, Ltd., a South Korea-based company operating in batteries acquired NEC Energy Solutions for an undisclosed amount. Through this acquisition, LG Energy Solution, Ltd. aims to accelerate its energy storage business and to provide its clients with a comprehensive ESS program to meet growing demand. NEC Energy Solutions is a US-based company operating in Energy Storage System (ESS). Asia-Pacific was the largest region in the lithium primary batteries market in 2022. Western Europe is the second-largest region in the lithium primary batteries market share. The regions covered in the global lithium primary batteries market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the lithium primary batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The lithium primary batteries market consists of sales of lithium/thionyl chloride battery (Li/SOCl2), lithium/manganese dioxide battery (Li/MnO2), lithium/polycarbon monofluoride battery (Li/CFX), and other lithium primary batteries. These batteries are used in clocks and cameras. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The lithium primary batteries market research report is one of a series of new reports from The Business Research Company that provides lithium primary batteries market statistics, including lithium primary batteries industry global market size, regional shares, competitors with a lithium primary batteries market share, detailed lithium primary batteries market segments, market trends and opportunities, and any further data you may need to thrive in the lithium primary batteries industry. This lithium primary batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The lithium-ion battery is a type of rechargeable battery with high energy density that uses lithium ions as a primary component of its electrolyte. Lithium-ion batteries are commonly used in electric vehicles, mobiles, laptops, power backups, and other electronic devices. The main types of lithium-ion (Li-ion) batteries are Lithium Nickel Manganese Cobalt (LI-NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Titanate Oxide (LTO), Lithium Manganese Oxide (LMO) and Lithium Nickel Cobalt Aluminum Oxide (NCA). The lithium iron phosphate battery is a type of lithium-ion battery with a cathode made of lithium iron phosphate and an anode made of graphitic carbon with a metallic backing. The various component used are cathode, anode, separators, electrolytes, aluminum foil, copper foil, others and are available in different power capacities such as 0 to 3000 Mah, 3000 to 10000mAH, 10000 to 60000 Mah and above 60000mAH. Consumer electronics, automotive, marine, aerospace and defense, medical, industrial, power, and other industries use the chemistries used in lithium-ion (Li-ion) batteries. The global lithium-ion (Li-Ion) market is segmented – 1) By Power Capacity: 0 to 3000 Mah, 3000 to 10000mAH, 10000 to 60000 Mah, Above 60000mAH 2) By Application: Consumer Electronics, Automotive, Marine, Aerospace & Defense, Medical, Industrial, Power, Other Applications 3) By Component: Cathode, Anode, Separators, Electrolytes, Aluminium foil, Copper foil, Other Components 4) By Type: Lithium Nickel Manganese Cobalt (LI-NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Titanate Oxide (LTO), Lithium Manganese Oxide (LMO), Lithium Nickel Cobalt Aluminum Oxide (NCA) 5) By Chemistry: LFP, LCo., LTO, NMC, NCA, LMO The global lithium-ion (li-ion) market size will grow from $47.48 billion in 2022 to $53.16 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of lithium-ion (li-ion) is expected to grow to $81.09 billion in 2027 at a compound annual growth rate (CAGR) of 11.1%. The growth of the lithium-ion batteries market is mainly driven due to the presence of high energy density features in lithium-ion batteries. High energy density helps the lithium-ion battery to run for a longer period. Most of the lithium-ion batteries used in portable devices are cobalt-based which offers the highest energy density. The energy density of the lithium-ion batteries is 100-265 Wh/kg or 250-670 Wh/L, which is one of the highest energy densities of any battery technology. High energy density in a lithium-ion battery made it the most preferred battery to be used in mobile phones, laptops, cameras and automobiles. Therefore, positively impacting the growth of lithium-ion battery market. Major players in the lithium-ion (Li-ion) batteries market are A123 Systems, Automotive Energy Supply Corp., LG Chem, Panasonic, Samsung SDI, Toshiba, BYD, Automotive Energy Supply Corp., Contemporary Amperex Technology, and Johnson Controls. Safety concerns towards lithium-ion batteries is the major challenge faced by the lithium-ion batteries market. Lithium-ion batteries generate large amounts of energy, associated with the risk of explosion or fire. The temperature in lithium-ion batteries should never rise above 130°C which may lead to thermal runaway. Major causes of failure in lithium-ion batteries can be a puncture, overcharge, overheating, short circuit, internal cell failure, and deficiencies in the manufacturing process. For example, Several Tesla Model S sedans caught fire after battery shield getting damaged by road debris. Therefore, inadequate safety in lithium-ion batteries hindering the lithium-ion batteries market’s growth. Declining lithium-ion battery prices boost the sales of lithium-ion batteries. Changes in materials technology, manufacturing processes, overhead costs, and huge investments in the lithium-ion battery industry contributed to the reduction in lithium-ion battery prices. Lithium-ion battery prices, with a combined cost for cell and pack, will drop to US$76 per kWh by 2030, according to a Navigant Consulting Research report. In March 2022, Reliance New Energy Limited, a subsidiary of Reliance Industries Ltd., acquired Lithium Werks BV for $61 million. This acquisition strengthens Reliance's cell chemistry technology expertise and accelerates the establishment of large-scale battery manufacturing in India. Lithium Werks BV is a Netherlands-based manufacturer of lithium-ion batteries. Asia-Pacific was the largest region in the lithium-ion (Li-ion) market in 2022. North America was the second-largest region in the lithium-ion (Li-ion) market share. The regions covered in the global lithium-ion (Li-ion) batteries market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the lithium-ion (Li-ion) batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The lithium-ion (Li-ion) batteries market consists of sales of lithium nickel magnesium cobalt (LI-NMC), lithium ferro phosphate (LFP), lithium cobalt oxide (LCO), lithium titanate oxide (LTO), lithium manganese oxide (LMO), and other lithium-ion (Li-ion) batteries. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The lithium-ion (Li-ion) batteries market research report is one of a series of new reports from The Business Research Company that provides lithium-ion (Li-ion) batteries market statistics, including lithium-ion (Li-ion) batteries industry global market size, regional shares, competitors with a lithium-ion (Li-ion) batteries market share, detailed lithium-ion (Li-ion) batteries market segments, market trends and opportunities, and any further data you may need to thrive in the lithium-ion (Li-ion) batteries industry. This lithium-ion (Li-ion) batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Battery recycling refers to the method of reusing and reprocessing batteries in order to reduce the number of batteries being disposed as waste. Recycling can assist in extracting the raw ingredients from used batteries and sending them to businesses that manufacture products for reuse. This reduces the price of fresh batteries as well. The main types of batteries that are recycled include lead-acid battery, nickel-based battery, lithium-based battery and other battery types. Lead acid batteries are charged continuously from the power grid and are normally designed to provide power for brief periods of time to allow the facility to properly shut down equipment. Lead-acid batteries are extremely recyclable, achieving recycling rates of more than 90% in many countries. Nickel-based batteries have a positive electrode of nickel hydroxide and a negative electrode of cadmium and offer good performance in high ambient temperatures, good resistance to electrical use as they can be left in a discharged state for long periods without causing any permanent damage. Lithium-based batteries have a lithium metal oxide cathode and a carbon anode with an organic electrolyte and has the highest energy density of all rechargeable systems. The high capacity of active materials and a single cell voltage makes the battery suitable for a number of applications, ranging from high energy to high power. The processing states involved in battery recycling include extraction of material, reuse, repackaging and second life, and disposal, and this is used to recycle batteries from automotive, consumer electronics, industrial sectors. The global battery recycling market is segmented - 1) By Type: Lead-Acid Battery, Nickel-Based Battery, Lithium-Based Battery, Other Battery Types 2) By Processing State: Extraction Of Material, Reuse, Repackaging And Second Life, Disposal 3) By Application: Automotive, Consumer Electronics, Industrial, Other Applications The global battery recycling market size will grow from $15.45 billion in 2022 to $17.6 billion in 2023 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global battery recycling is expected to grow to $29.61 billion in 2027 at a CAGR of 13.9%. The increasing adoption of electric vehicles is expected to drive the growth of the battery recycling market in the forecast period. Electric vehicles (EV) are automobiles which are completely or partially powered by electricity. Disposing an electric vehicle battery is expensive, particularly if the waste contains valuable materials. Recycling is an opportunity to minimize life cycle costs by recovering high-value materials and avoiding the expense of hazardous waste disposal. With the growth in EV sales, the number of lithium-ion batteries in the market increases. The limited life of these batteries requires an effective recycling medium in order to stabilize domestic source of materials for battery production, reduce the demand for raw materials and minimize geopolitical disruptions of the supply chain. After a period of 5-8 years the power generated by these batteries is not enough for the EV, but it can be used in other low-grade applications such as in households, energy backups, renewable energy storage and off-peak energy storage. Recycling EV batteries also helps recover the metals - cobalt, lithium, nickel, and others, which can then be used for manufacturing new batteries, saving resources and cost of production. According to International Energy Agency, global electric vehicle sales are projected to reach 125 million by 2030. Therefore, the increasing adoption of electric vehicles propels the growth of the battery recycling market. Major players in the battery recycling market are Li-Cycle, Battery Solutions, LLC, Exide Technologies, Umicore, Aqua Metals, Inc., Gravita India Limited, Exide Industries Ltd., ECOBAT Logistics, East Penn Manufacturing Company, ENERSYS, Fortum Oyj, Accurec Recycling GmbH, Eco-Bat Technologies Ltd., Terrapure Environmental, Brunp Recycling, and Anhua Taisen Recycling Technology. Major companies operating in the battery recycling market are entering into strategic collaborations to improve know how and enhance battery recycling efficiency. For instance, in 2021, UK based sustainable technologies company, Johnson Matthey partnered with Sweden based leading recycler of industrial waste and end of life products, Stena Recycling Group, to develop an efficient value chain for the recycling of lithium-ion batteries and cell manufacturing materials in Europe. For instance, in July 2022, Volkswagen Group of America, a subsidiary of Germany-based Volkswagen Group, partnered with a US-based battery recycling startup, Redwood Materials to create supply chain for EV battery recycling. The partnership is expected to establish a supply network for recycling Volkswagen and Audi electric vehicle batteries in the US with the aim of giving American drivers more affordable and environmentally friendly access to electric mobility. In January 2020, Fortum, a Finland based electric services company acquired CrisolteQ Oy for an undisclosed amount. This acquisition strengthens the position of Fortum in recycling high value metals in lithium-ion batteries in Europe. CrisolteQ Oy is a Finland based company that is a specialist in metal recycling. The company uses a low-CO2 hydrometallurgical recycling process for achieving 80% recycling rate for lithium-ion batteries. North America was the largest region in the battery recycling market in 2022. The regions covered in the battery recycling market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the battery recycling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The battery recycling market includes revenues earned by entities by reducing the number of batteries disposed of improperly. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The battery recycling market research report is one of a series of new reports from The Business Research Company that provides battery recycling market statistics, including battery recycling industry global market size, regional shares, competitors with a battery recycling market share, detailed battery recycling market segments, battery recycling market trends and opportunities, and any further data you may need to thrive in the battery recycling industry. This battery recycling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A power bank is defined as a portable charger that enables a user to charge their smartphones, laptop, tablet, and other media devices with a USB-enabled connection. These power banks can be reused multiple times by simply recharging them. There are various types of power banks available in the market which include, standard power banks which can be charged using a normal USB port, and solar power banks which use sunlight to charge up and contain photovoltaic panels. The main types of batteries used in power banks are lithium ion and lithium polymer. Lithium polymer batteries are rechargeable batteries that use soft a polymer case for resting of the lithium-ion battery inside it. Lithium polymer power banks are more compact and lightweight than lithium-ion power banks. lithium-ion batteries are rechargeable batteries that use lithium ions for the movement of ions from the negative electrode to the positive electrode component of its electrolyte. These batteries have the capacity of a high voltage and charge storage per unit mass and unit volume. The various price ranges for power banks include low, medium, and high. The power banks are used for charging various gadgets including smartphones, tablets, digital cameras, laptops, and others. The power banks are made available to customers through different sales channels including online and offline. The global power bank market is segmented - 1) By Battery Type: Lithium Ion, Lithium Polymer 2) By Price Range: Low, Medium, High 3) By Application: Smart Phone, Tablet, Digital Camera, Laptop, Other Applications 4) By Distribution Channel: Online, Offline The global power bank market size grew from $15.04 billion in 2022 to $16.83 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the power bank market is expected to grow to $26.9 billion in 2027 at a CAGR of 12.4%. With the huge rise in urban population, there has been an increase in demand for smartphones and tablets among people across the globe which is generating the higher requirement for power banks to charge these devices. According to a report published by Sify Technologies Limited, an India-based information and communications technology company in April 2021, the world is advancing towards the 5G network and smartphone revenue is predicted to increase by more than 13% in the year 2021. Moreover, according to Statista, nearly 1.38 billion smartphones were sold worldwide in 2020 and the numbers are expected to reach to 1.5 billion in 2021. Therefore, increasing sales of smartphones are projected to propel revenues for the power bank market over the forecast period. Major players in the power bank market are Ambrane India Pvt. Ltd., ADATA Technology Co. Ltd., Anker Innovations Technology Co. Ltd., AsusTeK Computer Inc., Griffin Technology, Intex Technologies India Ltd., Lenovo Group Ltd., Panasonic Corporation, RAVPower, Sony Corporation, Xiamoi Corporation, AUKEY, Dll Inc., Duracell Inc., Easyacc, iWALK Global, Microsoft Corporation, myCharge, Omnicharge, Syska, TP-Link Technologies Co. Ltd., Uimi Technology Pvt. Ltd., OnePlus Technology Co. Ltd., UNU Electronics Inc., and Samsung SDI Co Ltd. Wireless power banks are a key emerging trend in the field of power bank market which has a potential for expansion in the future. This will enable people to charge their electronic devices from anywhere with an excellent touchless experience. These types of power banks provide faster charging and multiple charging options. The user does not have to take the pain of carrying an extra cable and plugging it in. Many the brands like Samsung, Xiaomi, Ambrane, and other brands have already started investing in manufacturing wireless chargers for different types of smartphones. In March 2020, Xiaomi, the Chinese multinational electronic company, released its first wireless power bank. That product is Qi certified, with a 2-way fast charging and features 10W fast wireless charging along with an 18W fast charging output port. The wireless power bank will provide ease and convenience to the user. In March 2021, Xiaomi Group, China-based electronics company acquired ZIMI Corporation for a deal amount of $205 million. Xiaomi stated in its performance announcement that the company acquired a 50.09% stake in ZIMI Corporation. Before this, Xiaomi already owned 49.91% equity in the company. With this transaction, ZIMI Corporation becomes the wholly-owned subsidiary of Xiaomi Group. The deal would enhance the technological competitiveness of Xiaomi Corporation in the 5G market, IoT, and AI sectors. With ZIMI research and development potential, Xiaomi Group would achieve product power standardization, which will help the company to save costs. ZIMI Corporation is a China-based consumer product company engaged in manufacturing smart products such as Internet of Things (IoT) gadgets, mobile accessories, cameras, and speakers among others. The Asia-Pacific was the largest region in the power bank market in 2022. The regions covered in the power bank market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the power bank market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The power bank market consists of sales of lithium polymer (Li-Polymer) power banks and lithium ion (Li-Ion) power banks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The power bank market research report is one of a series of new reports from The Business Research Company that provides power bank market statistics, including power bank industry global market size, regional shares, competitors with a power bank market share, detailed power bank market segments, market trends and opportunities, and any further data you may need to thrive in the power bank industry. This power bank market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.