The global Ternary Lithium Battery market size was valued at US$ million in 2023. With growing demand in downstream market, the Ternary Lithium Battery is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global Ternary Lithium Battery market. Ternary Lithium Battery are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Ternary Lithium Battery. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Ternary Lithium Battery market.
Ternary lithium battery refers to the lithium battery with positive electrode of the transition metal embedded lithium oxide conforming to the material containing three elements of nickel, cobalt and manganese, which can be expressed as limnxniyco1-x-yo2 (0<x<0.5,0<y<0.5). This material combines the advantages of lithium cobalt oxide, lithium nickelate and lithium manganate to form a three phase eutectic system. The weight energy density can reach 200Wh/kg. The lithium-nickel-manganese-cobalt-oxide (NMC) battery has a cathode that contains 10-20% cobalt.
China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
Key Features:
The report on Ternary Lithium Battery market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Ternary Lithium Battery market. It may include historical data, market segmentation by Type (e.g., NCM, NCA), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Ternary Lithium Battery market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Ternary Lithium Battery market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Ternary Lithium Battery industry. This include advancements in Ternary Lithium Battery technology, Ternary Lithium Battery new entrants, Ternary Lithium Battery new investment, and other innovations that are shaping the future of Ternary Lithium Battery.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Ternary Lithium Battery market. It includes factors influencing customer ' purchasing decisions, preferences for Ternary Lithium Battery product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Ternary Lithium Battery market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Ternary Lithium Battery market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Ternary Lithium Battery market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Ternary Lithium Battery industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Ternary Lithium Battery market.
Market Segmentation:
Ternary Lithium Battery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
by Anode Materials
NCM
NCA
by Capacity
0–16,250 mAh
16,251–50,000 mAh
50,001–100,000 mAh
100,001–540,000 mAh
Segmentation by application
Automotive
Power
Industrial
Consumer Electronics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Panasonic
BYD
BAIC
GAC
DNK
Sony
Yoycart
GS Yuasa Corp
Amita Technologies
Dongguan Large Electronics Co., Ltd.
Boston-Power
Envision AESC Energy Devices Ltd.
BAK
Amperex Technology Limited (ATL)
COSLIGHT
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ternary Lithium Battery market?
What factors are driving Ternary Lithium Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ternary Lithium Battery market opportunities vary by end market size?
How does Ternary Lithium Battery break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Ternary Lithium Battery Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Ternary Lithium Battery by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Ternary Lithium Battery by Country/Region, 2019, 2023 & 2030
2.2 Ternary Lithium Battery Segment by Type
2.2.1 NCM
2.2.2 NCA
2.3 Ternary Lithium Battery Sales by Type
2.3.1 Global Ternary Lithium Battery Sales Market Share by Type (2019-2024)
2.3.2 Global Ternary Lithium Battery Revenue and Market Share by Type (2019-2024)
2.3.3 Global Ternary Lithium Battery Sale Price by Type (2019-2024)
2.4 Ternary Lithium Battery Segment by Application
2.4.1 Automotive
2.4.2 Power
2.4.3 Industrial
2.4.4 Consumer Electronics
2.4.5 Others
2.5 Ternary Lithium Battery Sales by Application
2.5.1 Global Ternary Lithium Battery Sale Market Share by Application (2019-2024)
2.5.2 Global Ternary Lithium Battery Revenue and Market Share by Application (2019-2024)
2.5.3 Global Ternary Lithium Battery Sale Price by Application (2019-2024)
3 Global Ternary Lithium Battery by Company
3.1 Global Ternary Lithium Battery Breakdown Data by Company
3.1.1 Global Ternary Lithium Battery Annual Sales by Company (2019-2024)
3.1.2 Global Ternary Lithium Battery Sales Market Share by Company (2019-2024)
3.2 Global Ternary Lithium Battery Annual Revenue by Company (2019-2024)
3.2.1 Global Ternary Lithium Battery Revenue by Company (2019-2024)
3.2.2 Global Ternary Lithium Battery Revenue Market Share by Company (2019-2024)
3.3 Global Ternary Lithium Battery Sale Price by Company
3.4 Key Manufacturers Ternary Lithium Battery Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Ternary Lithium Battery Product Location Distribution
3.4.2 Players Ternary Lithium Battery Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Ternary Lithium Battery by Geographic Region
4.1 World Historic Ternary Lithium Battery Market Size by Geographic Region (2019-2024)
4.1.1 Global Ternary Lithium Battery Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Ternary Lithium Battery Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Ternary Lithium Battery Market Size by Country/Region (2019-2024)
4.2.1 Global Ternary Lithium Battery Annual Sales by Country/Region (2019-2024)
4.2.2 Global Ternary Lithium Battery Annual Revenue by Country/Region (2019-2024)
4.3 Americas Ternary Lithium Battery Sales Growth
4.4 APAC Ternary Lithium Battery Sales Growth
4.5 Europe Ternary Lithium Battery Sales Growth
4.6 Middle East & Africa Ternary Lithium Battery Sales Growth
5 Americas
5.1 Americas Ternary Lithium Battery Sales by Country
5.1.1 Americas Ternary Lithium Battery Sales by Country (2019-2024)
5.1.2 Americas Ternary Lithium Battery Revenue by Country (2019-2024)
5.2 Americas Ternary Lithium Battery Sales by Type
5.3 Americas Ternary Lithium Battery Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Ternary Lithium Battery Sales by Region
6.1.1 APAC Ternary Lithium Battery Sales by Region (2019-2024)
6.1.2 APAC Ternary Lithium Battery Revenue by Region (2019-2024)
6.2 APAC Ternary Lithium Battery Sales by Type
6.3 APAC Ternary Lithium Battery Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Ternary Lithium Battery by Country
7.1.1 Europe Ternary Lithium Battery Sales by Country (2019-2024)
7.1.2 Europe Ternary Lithium Battery Revenue by Country (2019-2024)
7.2 Europe Ternary Lithium Battery Sales by Type
7.3 Europe Ternary Lithium Battery Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Ternary Lithium Battery by Country
8.1.1 Middle East & Africa Ternary Lithium Battery Sales by Country (2019-2024)
8.1.2 Middle East & Africa Ternary Lithium Battery Revenue by Country (2019-2024)
8.2 Middle East & Africa Ternary Lithium Battery Sales by Type
8.3 Middle East & Africa Ternary Lithium Battery Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Ternary Lithium Battery
10.3 Manufacturing Process Analysis of Ternary Lithium Battery
10.4 Industry Chain Structure of Ternary Lithium Battery
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Ternary Lithium Battery Distributors
11.3 Ternary Lithium Battery Customer
12 World Forecast Review for Ternary Lithium Battery by Geographic Region
12.1 Global Ternary Lithium Battery Market Size Forecast by Region
12.1.1 Global Ternary Lithium Battery Forecast by Region (2025-2030)
12.1.2 Global Ternary Lithium Battery Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Ternary Lithium Battery Forecast by Type
12.7 Global Ternary Lithium Battery Forecast by Application
13 Key Players Analysis
13.1 Panasonic
13.1.1 Panasonic Company Information
13.1.2 Panasonic Ternary Lithium Battery Product Portfolios and Specifications
13.1.3 Panasonic Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Panasonic Main Business Overview
13.1.5 Panasonic Latest Developments
13.2 BYD
13.2.1 BYD Company Information
13.2.2 BYD Ternary Lithium Battery Product Portfolios and Specifications
13.2.3 BYD Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 BYD Main Business Overview
13.2.5 BYD Latest Developments
13.3 BAIC
13.3.1 BAIC Company Information
13.3.2 BAIC Ternary Lithium Battery Product Portfolios and Specifications
13.3.3 BAIC Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 BAIC Main Business Overview
13.3.5 BAIC Latest Developments
13.4 GAC
13.4.1 GAC Company Information
13.4.2 GAC Ternary Lithium Battery Product Portfolios and Specifications
13.4.3 GAC Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 GAC Main Business Overview
13.4.5 GAC Latest Developments
13.5 DNK
13.5.1 DNK Company Information
13.5.2 DNK Ternary Lithium Battery Product Portfolios and Specifications
13.5.3 DNK Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 DNK Main Business Overview
13.5.5 DNK Latest Developments
13.6 Sony
13.6.1 Sony Company Information
13.6.2 Sony Ternary Lithium Battery Product Portfolios and Specifications
13.6.3 Sony Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Sony Main Business Overview
13.6.5 Sony Latest Developments
13.7 Yoycart
13.7.1 Yoycart Company Information
13.7.2 Yoycart Ternary Lithium Battery Product Portfolios and Specifications
13.7.3 Yoycart Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Yoycart Main Business Overview
13.7.5 Yoycart Latest Developments
13.8 GS Yuasa Corp
13.8.1 GS Yuasa Corp Company Information
13.8.2 GS Yuasa Corp Ternary Lithium Battery Product Portfolios and Specifications
13.8.3 GS Yuasa Corp Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 GS Yuasa Corp Main Business Overview
13.8.5 GS Yuasa Corp Latest Developments
13.9 Amita Technologies
13.9.1 Amita Technologies Company Information
13.9.2 Amita Technologies Ternary Lithium Battery Product Portfolios and Specifications
13.9.3 Amita Technologies Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Amita Technologies Main Business Overview
13.9.5 Amita Technologies Latest Developments
13.10 Dongguan Large Electronics Co., Ltd.
13.10.1 Dongguan Large Electronics Co., Ltd. Company Information
13.10.2 Dongguan Large Electronics Co., Ltd. Ternary Lithium Battery Product Portfolios and Specifications
13.10.3 Dongguan Large Electronics Co., Ltd. Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Dongguan Large Electronics Co., Ltd. Main Business Overview
13.10.5 Dongguan Large Electronics Co., Ltd. Latest Developments
13.11 Boston-Power
13.11.1 Boston-Power Company Information
13.11.2 Boston-Power Ternary Lithium Battery Product Portfolios and Specifications
13.11.3 Boston-Power Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Boston-Power Main Business Overview
13.11.5 Boston-Power Latest Developments
13.12 Envision AESC Energy Devices Ltd.
13.12.1 Envision AESC Energy Devices Ltd. Company Information
13.12.2 Envision AESC Energy Devices Ltd. Ternary Lithium Battery Product Portfolios and Specifications
13.12.3 Envision AESC Energy Devices Ltd. Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Envision AESC Energy Devices Ltd. Main Business Overview
13.12.5 Envision AESC Energy Devices Ltd. Latest Developments
13.13 BAK
13.13.1 BAK Company Information
13.13.2 BAK Ternary Lithium Battery Product Portfolios and Specifications
13.13.3 BAK Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 BAK Main Business Overview
13.13.5 BAK Latest Developments
13.14 Amperex Technology Limited (ATL)
13.14.1 Amperex Technology Limited (ATL) Company Information
13.14.2 Amperex Technology Limited (ATL) Ternary Lithium Battery Product Portfolios and Specifications
13.14.3 Amperex Technology Limited (ATL) Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Amperex Technology Limited (ATL) Main Business Overview
13.14.5 Amperex Technology Limited (ATL) Latest Developments
13.15 COSLIGHT
13.15.1 COSLIGHT Company Information
13.15.2 COSLIGHT Ternary Lithium Battery Product Portfolios and Specifications
13.15.3 COSLIGHT Ternary Lithium Battery Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 COSLIGHT Main Business Overview
13.15.5 COSLIGHT Latest Developments
14 Research Findings and Conclusion
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