Global Lithium Polymer Battery Market Overview:
Lithium polymer battery refers to the rechargeable battery. It comes in a pouch format and uses polymer electrolyte instead of a regularly used liquid electrolyte. The lithium-polymer battery market is expected to mark significant growth over the forecasted period owing to the increasing demand for consumer electronics, energy grid systems, and others. In addition, growing applications in the industrial hand-held devices such as bar code scanners, GPS chips, display refreshes, audio amplifiers, RFID, and others further propelling market growth. Moreover, increasing need for energy storage technologies may trigger market demand and help in industry expansion Some of the key players profiled in the study are BYD Company (China), LG Chem (South Korea), Panasonic (Japan), Samsung SDI (South Korea), BAK Group (China), GS Yuasa (Japan), Hitachi (Japan), Johnson Controls (Ireland), Toshiba (Japan), Lithium Werks (Netherland), CALB (China), Saft Groupe (France) and VARTA Storage (Germany).
On the basis of geography, the market of Lithium Polymer Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Power Capacity, the sub-segment i.e. 525 WH will boost the Lithium Polymer Battery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise in Demand for Plug-In Vehicles
- Increasing Demand for Industrial Applications
- Increasing Demand of Lithium Batteries in Consumer Electronics Products
- Collaboration and Tie Up of Leading Players
- High Manufacturing Cost of Lithium Polymer Battery
- Adverse Impact Due To Safety Concerns Regarding Overheating
- Increasing Demand for Low Power Lithium Polymer Batteries
- Rising Demand from the Developing Economies
- Lack of Charging Stations for Lithium Polymer Battery
- Less Awareness about Lithium Polymer Battery
Major Market Developments:
October 2018, SolarEdge Technologies, Inc. provider of the smart energy technology acquired Kokam Co., Ltd. provider of Lithium-ion batteries, cells, and other energy storage solutions.
Lithium batteries are regulated as a hazardous material under the U.S. Department of Transportation's (DOT's) Hazardous Materials Regulations (HMR; 49 C.F.R., Parts 171-180). The HMR apply to any material DOT determines is capable of posing an unreasonable risk to health, safety, and property when transported in commerce.1 Lithium batteries must conform to all applicable HMR requirements when offered for transportation or transported by air, highway, rail, or water.
Lithium Polymer Battery Manufacturers, Lithium Polymer Battery Distributors, Electronic Component Providers, Technology Providers, Potential Investors, Government and Research Organizations, Trade Associations and Industry Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Lithium Polymer Battery market on the basis of product  , application [Consumer Electronic Devices, Automotive, Energy Grid System and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Lithium Polymer Battery market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Lithium Polymer Battery industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are SolarEdge Technologies Inc. (Israel), Farasis Energy (United States) and Sila Nanotechnologies (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Lithium Polymer Battery market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.