Who makes lithium ion batteries?
Other significant lithium-ion battery makers include EnerDel, EnPower, Inc., and A123 Systems LLC specializing in advanced battery manufacturing and providing tailored battery solutions with impressive benefits. 2. Blackridge Research & Consulting – Global Lithium-ion Battery Market Report
Why are lithium-ion batteries so popular?
In addition, lithium-ion batteries are extensively used in industrial and mobility equipment, medical and portable electronic devices, power tools, etc. As such, lithium battery manufacturers are vying with each other to carve out their share in the ever-increasing lithium battery market pie.
Who is the largest lithium-ion battery manufacturer in the world?
Contemporary Amperex Technology Co., Ltd. (CATL) Founded: Location: Ningde, China According to Blackridge Research & Consulting’s recent study on the global lithium-ion battery market, China-based CATL was the largest lithium-ion battery manufacturer in , with the highest market share.
How big is the lithium-ion battery market?
The lithium-ion battery market, valued at $54.4 billion in , is experiencing rapid growth, with projections indicating a surge to $182.5 billion by and further expansion to $187.1 billion by . This remarkable growth, at a compound annual growth rate (CAGR) of 14.2% to 20.3%, is fueled by several key factors.
What is the demand for lithium-ion batteries?
The demand forecast for lithium-ion batteries looks promising with the availability of several electric vehicles, such as e-bikes, e-buses, e-cars, e-trains, and e-trucks. In addition, lithium-ion batteries are extensively used in industrial and mobility equipment, medical and portable electronic devices, power tools, etc.
Why is Samsung SDI a leading lithium-ion battery manufacturer?
From the mass production of vacuum tubes in the 1970s, Samsung SDI (Samsung Digital Interface) has come a long way in becoming a leading lithium-ion battery manufacturer. Continuous technological innovation and market-centric activities have strategically positioned the company at the top in the global market share of lithium-ion batteries.
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