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Lithium-Ion Battery Market size worth USD 187.89 Billion, Globally, by 2030 at 15.70% CAGR: Verified Market Research®

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 The “Global Lithium-Ion Battery Market Size By Type, By Power Capacity, By Industry, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Lithium-Ion Battery Market, including its growth prospects, market trends, and market challenges.

JERSEY CITY, N.J., Aug. 14, 2023 /PRNewswire/ — The Global Lithium-Ion Battery Market is projected to grow at a CAGR of 15.70% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 50.57 Billion in 2022 and is expected to reach USD 187.89 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=39521

Browse in-depth TOC onLithium-Ion Battery Market

202 – Pages
126 – Tables
37 – Figures

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Lithium-Ion Battery Market: Unveiling Unprecedented Growth Opportunities and Key Market Players

The global Lithium-Ion Battery market, characterized by its cutting-edge technology and unparalleled efficiency, is poised for exponential growth in the coming years. This revolutionary battery technology, powered by lithium ions, has become the cornerstone of diverse industries, from electronics to automotive, military, and aerospace sectors. As the market evolves, key players are adopting strategic development approaches to secure a competitive edge and solidify their market presence.

Market Drivers and Outlook

The Lithium-Ion Battery market is experiencing a robust surge, fueled by technological advancements and a growing demand for electric plug-in vehicles. Renowned automakers including BYD Company, Lithium Werks, LG Chem, and Toshiba are actively developing battery cells with remarkable durability, enabling electric vehicles to achieve unparalleled mileage of up to a million miles. With a heightened emphasis on sustainability, manufacturers are focusing on removing costly and contentious components like cobalt from battery compositions, resulting in enhanced battery lifespan and performance.

Key Players and Competitive Landscape

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Leading the charge in the Lithium-Ion Battery market are notable players such as Panasonic, Johnson Controls, Samsung SDI, Hitachi, BAK Group, and GS Yuasa. These key players have established their dominance through innovative technologies and strategic alliances, capturing substantial market shares and setting benchmarks for the industry. Their key development strategies, ranging from advanced battery chemistry to optimized charging methodologies, have significantly contributed to the market’s expansion.

Market Share and Ranking Analysis

In the rapidly evolving Lithium-Ion Battery Market landscape, market share and ranking analysis have become pivotal factors in assessing industry dynamics. Players like LG Chem and Panasonic have consistently secured prominent market positions, driven by their cutting-edge solutions and customer-centric approaches. These companies have embraced innovation and sustainability, positioning themselves as industry leaders.

Future Prospects and Collaborative Endeavors

Looking ahead, the Lithium-Ion Battery market is projected to continue its remarkable growth trajectory, particularly in the Asia Pacific region, where it holds the largest market share. This region’s ascendancy as a global industrial hub has catalyzed the adoption of lithium-ion battery-powered tools and devices. The market’s competitive landscape is expected to witness further evolution through collaborative endeavors and partnerships, as players seek to harness synergies and drive innovation.

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To get market data, market insights, financial statements and a comprehensive analysis of the Global Lithium-Ion Battery Market, please Contact Verified Market Research®.

Based on the research, Verified Market Research® has segmented the global Lithium-Ion Battery Market into Type, Power Capacity, Industry, And Geography.

  • Lithium-Ion Battery Market, by Type
    •   Lithium Cobalt Oxide (LCO)
    •   Lithium Iron Phosphate (LFP)
    •   Lithium Nickel Manganese Cobalt (LI-NMC)
    •   Lithium Titanate Oxide (LTO)
    •  Others
  • Lithium-Ion Battery Market, by Power Capacity
    •   0 TO 3,000 mAH
    •  3,000 TO 10,000 mAH
    •  10,000 TO 60,000 mAH
    •  More Than 60,000 mAH
  • Lithium-Ion Battery Market, by Industry
    •  Marine
    •  Energy and Power
    •  Consumer Electronics
    •  Automotive
    • Aerospace and Defense
    • Others
  • Lithium-Ion Battery Market, by Geography
    •   North America
      • U.S
      • Canada
      • Mexico
    •   Europe
      •  Germany
      •  France
      •  U.K
      •  Rest of Europe
    •  Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    •   ROW
      • Middle East & Africa
      • Latin America

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Battery Energy Storage System Market By Element (Battery, Hardware), By Battery Type (Lithium-Ion Batteries, Flow Batteries), By Connection Type (On-Grid Connection, Off-Grid Connection), By Ownership (Customer Owned, Third-Party Owned), By Application (Residential, Non-Residential), By Geography, And Forecast

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Visualize Lithium-Ion Battery Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

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About Us

Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

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Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: [email protected]  
Web: https://www.verifiedmarketresearch.com/  
Follow Us: LinkedIn | Twitter

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Blockchain

Blocks & Headlines: Today in Blockchain (KuCoin, Ripple, Trinity College)

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The blockchain world continues to captivate with its blend of innovation, controversy, and global collaboration. In today’s briefing, we spotlight the latest developments, from token launches to regulatory crackdowns and academic partnerships.


KuCoin Introduces Trump Token on Spot Trading Platform

KuCoin has launched the official Trump Token on its spot trading platform, adding a new layer of political intrigue to the cryptocurrency market. Designed to capitalize on the former U.S. President’s enduring influence, the token represents the intersection of digital assets and cultural zeitgeist. While the move has garnered attention, it also raises questions about the broader implications of politically themed tokens in the blockchain space.

Source: PRNewswire

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Trump Immortalized on Bitcoin Blockchain

Donald Trump’s image has been etched into Bitcoin’s blockchain, ensuring his face remains a permanent part of the decentralized ledger. This act highlights the creative and often polarizing ways blockchain technology can be utilized for artistic and symbolic purposes. The incident has sparked debate about the ethical and practical considerations of embedding non-financial data in immutable systems.

Source: Decrypt


Ripple Partners with Ireland’s Trinity College

Ripple has joined forces with Trinity College in Ireland to address pressing blockchain challenges. This partnership aims to advance research and develop innovative solutions to improve blockchain technology’s scalability, efficiency, and security. Such collaborations between academia and industry are vital for fostering the next generation of blockchain breakthroughs.

Source: Crypto.News


SEC Takes Action Against Engineer in GME Rug Pull Case

The U.S. Securities and Exchange Commission (SEC) has charged a New York engineer for orchestrating a rug pull involving a cryptocurrency named GME. The incident underscores the ongoing regulatory scrutiny facing the blockchain industry and highlights the need for robust consumer protection mechanisms to prevent fraudulent activities.

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Source: Cryptopolitan


The Gambia’s Blockchain-Powered Digital Infrastructure Plan

The Gambia is embarking on an ambitious project to develop blockchain-powered digital infrastructure. This initiative aims to enhance governance, improve transparency, and boost economic growth. By leveraging blockchain technology, The Gambia seeks to position itself as a trailblazer in utilizing decentralized solutions for national development.

Source: Coingeek


Reflections and Projections

The blockchain ecosystem’s diversity is evident in today’s stories. KuCoin’s launch of the Trump Token and the embedding of Donald Trump’s image on the Bitcoin blockchain illustrate the interplay of culture and technology. Meanwhile, Ripple’s academic partnership with Trinity College highlights the sector’s commitment to solving foundational challenges.

The SEC’s enforcement actions remind us of the importance of regulatory oversight in ensuring the industry’s integrity. Lastly, The Gambia’s forward-thinking adoption of blockchain for national infrastructure development serves as an inspiring example of blockchain’s potential to drive meaningful change.

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As the industry evolves, the balance between innovation, regulation, and ethical considerations will remain critical.

 

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Blockchain Press Releases

Crypto Dawn: A Thrilling Journey into the Future of Cryptocurrency with 1 BTC & Tesla as Rewards

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DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to launch “Crypto Dawn” campaign for new users and traders, inviting them to embark on a journey into the vibrant world of cryptocurrency under the theme “Heading Towards the Bright Future of Cryptocurrency.” This initiative offers participants engaging opportunities to deposit, trade, collect crypto cards, and win remarkable prizes, including 1 BTC and a Tesla Model 3.

A New Era in Cryptocurrency

By 2025, Bitcoin has become a key geopolitical asset, with governments and central banks exploring its role in national reserves alongside gold and fiat currencies. Industry experts highlight recent policy shifts in major economies as a sign of Bitcoin’s growing importance in global finance. Discussions around creating dedicated Bitcoin reserves have further fueled optimism, reflecting a broader confidence in cryptocurrency’s future among advocates and markets worldwide.

Crypto Dawn: Deposit, Trade, and Collect

1. Deposit

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Participants begin by depositing at least $100 to select from a variety of cryptocurrencies, including SOL, XRP, SUI, MNT, DOGE, AAVE, ENA, LINK, bbSOL, and TON.  Each eligible deposit qualifies for a reward, distributed on a first-come, first-served basis, and grants one lottery ticket for daily rewards.

2. Trade

Trading activities allow participants to earn crypto cards, which represent different cryptocurrencies. Collecting at least six cards enables the synthesis of a lottery ticket, increasing eligibility for additional rewards. Frequent trading enhances opportunities to gather more cards and tickets. Lucky draw prizes include Tesla Model 3, Rolex Submariner, BTC, ETH, XRP tokens and others.

3. Collect

On Feb. 7, a Bitcoin block hash will determine the campaign’s grand prize winner. The participant whose lottery ticket numbers match the block hash most closely will be awarded 1 BTC.

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Joan Han, Sales and Marketing Director of Bybit, shared her excitement about the campaign, stating, “Crypto Dawn exemplifies our commitment to creating engaging and rewarding experiences for our users. By offering a combination of fun, innovation, and significant prizes, we aim to make cryptocurrency more accessible and appealing to everyone.”

With a focus on fostering accessibility and engagement, Bybit’s “Crypto Dawn” campaign paves the way for new and seasoned traders to explore the possibilities of cryptocurrency while celebrating the innovation and opportunities of the digital asset space.

#Bybit #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

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For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

From DeFi to Tokenization: Bybit’s Shunyet Jan Explores the Future of Crypto Trading at iFX EXPO

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DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, was presented by Shunyet Jan, Head of Derivatives Business and Institutional Sales, at the iFX EXPO.

Shunyet joined an expert panel titled “Crypto Trading: Finding the Evergreen” to discuss the evolving dynamics of the cryptocurrency market. The session, moderated by Karnika E. Yashwant, Founder and Chairman of KEY Difference, featured Wael Makarem, Financial Markets Strategists Lead at Exness, alongside Shunyet. Together, the panelists explored the concept of “evergreen” strategies in crypto trading, examining how to identify and implement approaches that stand the test of time.

Reflecting on the discussion, Shunyet Jan said, “The iFX EXPO brought together some of the sharpest minds in trading and crypto to tackle the hard questions that define success in a volatile market. Sitting alongside Wael Makarem and Mr. Key on the panel, we delved into the forces shaping crypto’s future – from the integration of AI to the shifting role of institutional players and evolving regulations. Conversations like these are crucial for advancing the industry and helping participants find the ‘evergreen’ in an ever-changing landscape.

Key discussion points included navigating market volatility, leveraging AI and machine learning for sustainable strategies, the role of institutional players and evolving regulations, and the importance of psychological resilience in long-term trading success. They also analyzed emerging market trends, such as DeFi and tokenization, and shared practical tips for avoiding common pitfalls and building diversified portfolios that thrive in a volatile environment.

Shunyet Jan also led a Gold and Forex workshop at Bybit’s Dubai HQ, generating strong interest in the platform. Bybit’s new MetaTrader-5 license provides professional traders with access to gold, forex, and cryptocurrencies, offering advanced tools, up to 500x leverage, competitive fees, and an intuitive interface for a seamless trading experience.

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The iFX EXPO, the online trading industry’s biggest event series, bridges the world’s top brands with like-minded professionals, traders, and more. It has grown into a global standard, providing every individual a hub to network, exchange ideas, and grow their business. The iFX EXPO remains a vital platform for fostering dialogue and collaboration among industry leaders, and Shunyet’s contributions underscore Bybit’s commitment to advancing the cryptocurrency space.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press 
For media inquiries, please contact: [email protected] 
For updates, please follow: Bybit’s Communities and Social Media

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