Reports and Insights has published a new report titled, “Li Ion Pouch Batteries Market: Opportunity Analysis and Future Assessment 2022-2030”
The li ion pouch batteries market is estimated to reach at a value of US$ 60.1 Bn by the end of 2022 and expected to reach at a value of US$ 125.7 Bn by 2030 with a significant CAGR of 9.7%.
Global Li-Ion Pouch Batteries Market, By Chemistry (Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Nickel Manganese Cobalt Oxide, Lithium Iron Phosphate, Lithium Titanate), By Capacity (1 - 3Ah, 5 - 10Ah, 10 - 15Ah, 16 - 30Ah, 40 - 50Ah, 50 - 100Ah), By Thickness (6mm, 7mm, 8mm, 9mm, 10mm, 11mm, 12mm), By Rated Voltage (6V, 12V, 24V, 48V, 60 - 72V, 96V), By End User (Li-Ion Pouch Batteries for Electric Vehicles, Li-Ion Pouch Batteries for Cell Phones, Li-Ion Pouch Batteries for Battery Powered Off-Road Vehicles, Li-Ion Pouch Batteries for Robotics, Li-Ion Pouch Batteries for Energy Storage Systems, Li-Ion Pouch Batteries for Portable Electronic Devices, Li-Ion Pouch Batteries for Utility Meters, Li-Ion Pouch Batteries for Medical Measurements and Portable Devices) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.
The li-ion pouch cell refers to the type of a prismatic battery that comprises a covering of aluminum plastic film on the extrinsic layer of semi-solid or liquid lithium-ion, and it does not have a metal hard case. Therefore, in contrast with the regular square batteries, the weight of a li-ion pouch battery can be on a lighter side, and it can be simply developed into various shapes and sizes.
The soaring growth of the automotive industry, particularly in emerging regions, signifies a significant rise in demand for li-ion batteries which majorly comprises pouch cells and battery packs. With the same token, the emerging countries reflect a tremendous market prospect for energy storage systems.
Moreover, in emerging regions, where other compliant alternatives for instance, cross border interconnections and natural gas generation is not likely to be enough, the reduced cost of renewable energy generation is on a swift surge. Attributing to which, the li-ion pouch batteries are witnessing higher demand across the global markets.
Notably, along with the heavy rise in production together with numerous technological advancements in the field of lithium-ion batteries, they are becoming affordable and cost-effective to produce, which is further boosting its demand all across the global markets. Thus, the global li-ion pouch batteries market is estimated to grow significantly over the years.
Furthermore, the automotive lithium-ion batteries, through their recycling potential, is further projected to hold a critical role in the forthcoming future owing to the increasing scarcity of awareness as well as raw materials. Thereby the global li-ion pouch batteries market is expected to witness major breakthroughs in the coming years.
Reports and Insights Study identifies some of the key participating players in the li-ion pouch battery market globally are Panasonic Industrial Corporation, Toshiba Corporation, Gee Power, FDK Corporation, SK Innovation Co. Ltd., Bestgo B Vertical Partners West LLC, EPEC,LLC, Enertech International Inc, A123 Systems LLC, FluxPower Battery Co., Ltd., SOLAREDGE e-MOBILITY SpA, CUSTOM CELLS ITZEHOE GMBH, Freudenberg Group, Leclanché SA, Echion Technologies, YOK Energy, Servovision Co. Ltd., DNK Power Company Limited, Amperex Technology Limited, Shenzhen Ace Battery Co. Ltd., Energy Innovation Group Ltd., EVE Energy Co. Ltd., among others.
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