Global Lithium Battery Manufacturing Equipment Market Overview:
Lithium ion batteries are made up of electrode sets that are then assembled into cells. The processes used to make Lithium batteries are very similar to those used to make Nickel Cadmium cells and Nickel Metal Hydride cells, with some key differences due to the higher reactivity of the chemicals used in Lithium cells. The lithium-ion battery is found in a variety of electronic devices, including smartphones, power tools, and digital cameras. As a result, with the increasing need for storage and power backup, demand for batteries in the railway industries, manufacturing sectors, and solar power is expected to rise.
|Unit||Value (USD Million)|
|Key Companies Profiled||Wuxi Lead Intelligent (China), Yinghe Technology (China), Panasonic (Japan), Hirano Tecseed (Japan), Manz (Germany), Hitachi High Technologies (Japan), Golden Milky (China), Sovema (Italy), KUBT (United States), Buhler (Switzerland) and Kaido (Japan)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
- Growing Demand for Smart Devices and Other Industrial Goods
- High Requirement for Lithium Batteries from Consumer Electronics
- Rising Cobalt Prices on the Cost of Battery Cells
- Increase Adoption in New Applications due to Declining Prices of Lithium Batteries
- Rising Opportunities in Emerging Economies
- Disruptions in Supply Chain of Batteries and Related Components Caused by COVID-19
The demand for lithium battery manufacturing equipment is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Wuxi Lead Intelligent, Yinghe Technology, Hirano Tecseed and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders such as Wuxi Lead Intelligent, Yinghe Technology, Hirano Tecseed demonstrate a market-defining vision of how lithium battery manufacturing equipment can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are Wuxi Lead Intelligent (China), Yinghe Technology (China), Panasonic (Japan), Hirano Tecseed (Japan), Manz (Germany), Hitachi High Technologies (Japan), Golden Milky (China), Sovema (Italy), KUBT (United States), Buhler (Switzerland) and Kaido (Japan). Additionally, following companies can also be profiled that are part of our coverage like Naura Technology (China), Guangzhou Kinte (China) and Nishimura Mfg. (Japan). Analyst at AMA Research see Japan Manufacturers to retain maximum share of Global Lithium Battery Manufacturing Equipment market by 2027. Considering Market by Distribution Channel, the sub-segment i.e. Direct Sales will boost the Lithium Battery Manufacturing Equipment market. Considering Market by Cell Type, the sub-segment i.e. Hard Case Cells will boost the Lithium Battery Manufacturing Equipment market.
In June 2021 Panasonic Energy, a subsidiary of Panasonic had announced collaboration with Schlumberger New Energy. This collaboration paves the path for better lithium manufacturing solutions, which will assist meet the predicted spike in lithium demand as the electric vehicle (EV) market grows throughout the world. Panasonic will offer advice on validating and optimising lithium materials for battery-grade use.
What Can be Explored with the Lithium Battery Manufacturing Equipment Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Lithium Battery Manufacturing Equipment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Lithium Battery Manufacturing Equipment
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Lithium Battery Manufacturing Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Lithium Battery Manufacturing Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Traders/Suppliers & Distributors, Government Bodies, Raw Material Suppliers, End-use industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Lithium Battery Manufacturing Equipment Market?
The Lithium Battery Manufacturing Equipment market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Lithium Battery Manufacturing Equipment Market?
Top performing companies in the Global Lithium Battery Manufacturing Equipment market are Wuxi Lead Intelligent (China), Yinghe Technology (China), Panasonic (Japan), Hirano Tecseed (Japan), Manz (Germany), Hitachi High Technologies (Japan), Golden Milky (China), Sovema (Italy), KUBT (United States), Buhler (Switzerland) and Kaido (Japan), to name a few.
3. What trending factors would impact Lithium Battery Manufacturing Equipment Market growth most?
"Increasing Demand for Plug-In Vehicles
" is seen as one of major influencing trends for Lithium Battery Manufacturing Equipment Market during projected period 2021-2027.