Also known as lithium manganese cobalt oxide or NMC batteries, lithium nickel manganese cobalt oxide batteries are made of several materials common in lithium-ion battery types. They include a cathode made of a combination of nickel, manganese and cobalt.
Like other lithium-ion battery varieties, NMC batteries can have either a high specific energy density or a high specific power. They cannot, however, have both properties. This battery type is most common in power tools and in powertrains for vehicles.
The cathode combination ratio is usually 60 percent nickel, 20 percent manganese and 20 percent cobalt. This means that the raw material cost is lower than it is for other lithium-ion battery options, as cobalt can be quite expensive. These batteries may come down in price further in the future, as some battery makers are planning to switch their battery chemistry to a higher percentage of nickel so that they can use less cobalt. This battery type is commonly preferred for electric vehicles due to its very low self-heating rate.
The global market for Nickel Cobalt Manganese Oxide Lithium-ion Battery was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Nickel Cobalt Manganese Oxide Lithium-ion Battery, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Nickel Cobalt Manganese Oxide Lithium-ion Battery by region & country, by Type, and by Application.
The Nickel Cobalt Manganese Oxide Lithium-ion Battery market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Nickel Cobalt Manganese Oxide Lithium-ion Battery.
Market Segmentation
By Company
Panasonic
Samsung SDI
LG Chem
CATL
ATL
Murata
BYD
Tianjin Lishen Battery
BAK Power
Toshiba
AESC
Saft
Segment by Type:
Aqueous
Organic Liquid
Polymer
Ceramic
Segment by Application
Power & Utilities
EV Automotive
Industrial
Commercial & Residential
Consumer Electronics
Medical
eVTOL
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Nickel Cobalt Manganese Oxide Lithium-ion Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Nickel Cobalt Manganese Oxide Lithium-ion Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Nickel Cobalt Manganese Oxide Lithium-ion Battery in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Introduction
1.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Size Forecast
1.2.1 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value (2019-2030)
1.2.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume (2019-2030)
1.2.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Price (2019-2030)
1.3 Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Trends & Drivers
1.3.1 Nickel Cobalt Manganese Oxide Lithium-ion Battery Industry Trends
1.3.2 Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Drivers & Opportunity
1.3.3 Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Challenges
1.3.4 Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Players Revenue Ranking (2023)
2.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Revenue by Company (2019-2024)
2.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Players Sales Volume Ranking (2023)
2.4 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Company Players (2019-2024)
2.5 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Average Price by Company (2019-2024)
2.6 Key Manufacturers Nickel Cobalt Manganese Oxide Lithium-ion Battery Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Nickel Cobalt Manganese Oxide Lithium-ion Battery
2.9 Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Competitive Analysis
2.9.1 Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Nickel Cobalt Manganese Oxide Lithium-ion Battery Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Nickel Cobalt Manganese Oxide Lithium-ion Battery as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Aqueous
3.1.2 Organic Liquid
3.1.3 Polymer
3.1.4 Ceramic
3.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Type
3.2.1 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, by Type (2019-2030)
3.2.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, by Type (%) (2019-2030)
3.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Type
3.3.1 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume, by Type (2019-2030)
3.3.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume, by Type (%) (2019-2030)
3.4 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Power & Utilities
4.1.2 EV Automotive
4.1.3 Industrial
4.1.4 Commercial & Residential
4.1.5 Consumer Electronics
4.1.6 Medical
4.1.7 eVTOL
4.1.8 Others
4.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Application
4.2.1 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, by Application (2019-2030)
4.2.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, by Application (%) (2019-2030)
4.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Application
4.3.1 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume, by Application (2019-2030)
4.3.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume, by Application (%) (2019-2030)
4.4 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Region
5.1.1 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Region (2019-2024)
5.1.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Region (2025-2030)
5.1.4 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Region (%), (2019-2030)
5.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Region
5.2.1 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Region (2019-2024)
5.2.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Region (2025-2030)
5.2.4 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume by Region (%), (2019-2030)
5.3 Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
5.4.2 North America Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
5.5.2 Europe Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
5.6.2 Asia Pacific Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
5.7.2 South America Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
5.8.2 Middle East & Africa Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value
6.2.1 Key Countries/Regions Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
6.2.2 Key Countries/Regions Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
6.3.2 United States Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
6.4.2 Europe Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
6.5.2 China Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.5.3 China Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
6.6.2 Japan Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
6.7.2 South Korea Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
6.8.2 Southeast Asia Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value, 2019-2030
6.9.2 India Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Type (%), 2023 VS 2030
6.9.3 India Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Panasonic
7.1.1 Panasonic Company Information
7.1.2 Panasonic Introduction and Business Overview
7.1.3 Panasonic Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Panasonic Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.1.5 Panasonic Recent Development
7.2 Samsung SDI
7.2.1 Samsung SDI Company Information
7.2.2 Samsung SDI Introduction and Business Overview
7.2.3 Samsung SDI Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Samsung SDI Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.2.5 Samsung SDI Recent Development
7.3 LG Chem
7.3.1 LG Chem Company Information
7.3.2 LG Chem Introduction and Business Overview
7.3.3 LG Chem Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.3.4 LG Chem Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.3.5 LG Chem Recent Development
7.4 CATL
7.4.1 CATL Company Information
7.4.2 CATL Introduction and Business Overview
7.4.3 CATL Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.4.4 CATL Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.4.5 CATL Recent Development
7.5 ATL
7.5.1 ATL Company Information
7.5.2 ATL Introduction and Business Overview
7.5.3 ATL Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.5.4 ATL Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.5.5 ATL Recent Development
7.6 Murata
7.6.1 Murata Company Information
7.6.2 Murata Introduction and Business Overview
7.6.3 Murata Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Murata Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.6.5 Murata Recent Development
7.7 BYD
7.7.1 BYD Company Information
7.7.2 BYD Introduction and Business Overview
7.7.3 BYD Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.7.4 BYD Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.7.5 BYD Recent Development
7.8 Tianjin Lishen Battery
7.8.1 Tianjin Lishen Battery Company Information
7.8.2 Tianjin Lishen Battery Introduction and Business Overview
7.8.3 Tianjin Lishen Battery Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Tianjin Lishen Battery Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.8.5 Tianjin Lishen Battery Recent Development
7.9 BAK Power
7.9.1 BAK Power Company Information
7.9.2 BAK Power Introduction and Business Overview
7.9.3 BAK Power Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.9.4 BAK Power Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.9.5 BAK Power Recent Development
7.10 Toshiba
7.10.1 Toshiba Company Information
7.10.2 Toshiba Introduction and Business Overview
7.10.3 Toshiba Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Toshiba Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.10.5 Toshiba Recent Development
7.11 AESC
7.11.1 AESC Company Information
7.11.2 AESC Introduction and Business Overview
7.11.3 AESC Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.11.4 AESC Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.11.5 AESC Recent Development
7.12 Saft
7.12.1 Saft Company Information
7.12.2 Saft Introduction and Business Overview
7.12.3 Saft Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Saft Nickel Cobalt Manganese Oxide Lithium-ion Battery Product Offerings
7.12.5 Saft Recent Development
8 Industry Chain Analysis
8.1 Nickel Cobalt Manganese Oxide Lithium-ion Battery Industrial Chain
8.2 Nickel Cobalt Manganese Oxide Lithium-ion Battery Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Nickel Cobalt Manganese Oxide Lithium-ion Battery Sales Model
8.5.2 Sales Channel
8.5.3 Nickel Cobalt Manganese Oxide Lithium-ion Battery Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Panasonic
Samsung SDI
LG Chem
CATL
ATL
Murata
BYD
Tianjin Lishen Battery
BAK Power
Toshiba
AESC
Saft
听
听
*If Applicable.