1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 DEFINITION 30
1.2.1 INCLUSIONS & EXCLUSIONS 31
1.3 STUDY SCOPE 32
1.3.1 MARKETS COVERED 32
FIGURE 1 LITHIUM-ION BATTERY MARKET SEGMENTATION 32
1.3.2 GEOGRAPHIC SCOPE 33
1.3.3 YEARS CONSIDERED 33
1.4 CURRENCY 33
1.5 VOLUME UNIT CONSIDERED 34
1.6 LIMITATIONS 34
1.7 STAKEHOLDERS 34
1.8 SUMMARY OF CHANGES 35

2 RESEARCH METHODOLOGY 37
2.1 RESEARCH DATA 37
FIGURE 2 LITHIUM-ION BATTERY MARKET: RESEARCH DESIGN 37
2.1.1 SECONDARY AND PRIMARY RESEARCH 39
2.1.2 SECONDARY DATA 40
2.1.2.1 Key secondary sources 40
2.1.2.2 Secondary sources 40
2.1.3 PRIMARY DATA 41
2.1.3.1 Primary interviews with experts 41
2.1.3.2 Primary sources 41
2.1.3.3 Key industry insights 42
2.1.3.4 Breakdown of primaries 42
2.2 MARKET SIZE ESTIMATION 43
2.2.1 BOTTOM-UP APPROACH 43
2.2.1.1 Approach for arriving at market size using bottom-up analysis 43
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 44
2.2.2 TOP-DOWN APPROACH 44
2.2.2.1 Approach for capturing market size using top-down analysis 44
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 44
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY FOR LITHIUM-ION BATTERY MARKET USING SUPPLY-SIDE ANALYSIS 45
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 46
FIGURE 6 DATA TRIANGULATION 46
2.4 RESEARCH ASSUMPTIONS 47
2.5 RISK ASSESSMENTS 48
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS 48

3 EXECUTIVE SUMMARY 49
FIGURE 7 LITHIUM-ION BATTERY MARKET, 2017-2030 49
FIGURE 8 EFFECT OF COVID-19 ON LITHIUM-ION BATTERY MARKET 50
3.1 PRE-COVID-19 SCENARIO 50
TABLE 2 PRE-COVID-19 SCENARIO: LITHIUM-ION BATTERY MARKET, 2021-2025 (USD MILLION) 50
TABLE 3 PRE-COVID-19 SCENARIO: LITHIUM-ION BATTERY MARKET, 2026-2030 (USD MILLION) 50
3.2 POST-COVID-19 SCENARIO 50
TABLE 4 POST-COVID-19 SCENARIO: LITHIUM-ION BATTERY MARKET, 2021-2025 (USD MILLION) 50
TABLE 5 POST-COVID-19 SCENARIO: LITHIUM-ION BATTERY MARKET, 2026-2030 (USD MILLION) 51
3.3 OPTIMISTIC SCENARIO (POST-COVID-19) 51
TABLE 6 OPTIMISTIC SCENARIO (POST-COVID-19): LITHIUM-ION BATTERY MARKET, 2021-2025 (USD MILLION) 51
TABLE 7 OPTIMISTIC SCENARIO (POST-COVID-19): LITHIUM-ION BATTERY MARKET, 2026-2030 (USD MILLION) 51
3.4 PESSIMISTIC SCENARIO (POST-COVID-19) 51
TABLE 8 PESSIMISTIC SCENARIO (POST-COVID-19): LITHIUM-ION BATTERY MARKET, 2021-2026 (USD MILLION) 51
TABLE 9 PESSIMISTIC SCENARIO (POST-COVID-19): LITHIUM-ION BATTERY MARKET, 2026-2030 (USD MILLION) 51
FIGURE 9 LITHIUM NICKEL MANGANESE COBALT SEGMENT EXPECTED TO DOMINATE LITHIUM-ION BATTERY MARKET DURING FORECAST PERIOD 53
FIGURE 10 POWER SEGMENT IS EXPECTED TO GROW AT HIGHEST CAGR FROM 2021 TO 2030 54
FIGURE 11 LITHIUM-ION BATTERY MARKET IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 55

4 PREMIUM INSIGHTS 56
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN LITHIUM-ION BATTERY MARKET 56
FIGURE 12 HEIGHTENED ADOPTION OF ELECTRIC VEHICLES AND RENEWABLE ENERGY STORAGE SYSTEMS TO FUEL GROWTH OF LITHIUM-ION BATTERY MARKET FROM 2021 TO 2030 56
4.2 LITHIUM-ION BATTERY MARKET, BY TYPE 56
FIGURE 13 LI-NMC SEGMENT TO ACCOUNT FOR LARGEST SIZE OF LITHIUM-ION BATTERY MARKET BY 2030 56
4.3 LITHIUM-ION BATTERY MARKET, BY CAPACITY 57
FIGURE 14 3,000-10,000 MAH SEGMENT TO GROW AT HIGHEST CAGR FROM 2021 TO 2030 57
4.4 LITHIUM-ION BATTERY MARKET IN APAC, BY INDUSTRY AND COUNTRY 57
FIGURE 15 INDUSTRIAL SEGMENT AND CHINA TO HOLD LARGEST SHARES OF LITHIUM-ION BATTERY MARKET IN APAC IN 2030 57
4.5 LITHIUM-ION BATTERY MARKET, BY INDUSTRY 58
FIGURE 16 AUTOMOTIVE SEGMENT TO HOLD LARGEST SIZE OF LITHIUM-ION BATTERY MARKET IN 2030 58
4.6 LITHIUM-ION BATTERY MARKET, BY COUNTRY 58
FIGURE 17 LITHIUM-ION BATTERY MARKET IN CHINA TO GROW AT HIGHEST CAGR FROM 2021 TO 2030 58

5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MARKET DYNAMICS 59
FIGURE 18 LITHIUM-ION BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 59
5.2.1 DRIVERS 60
5.2.1.1 Surging requirement for continuous power supply from critical infrastructures in wake of COVID-19 60
5.2.1.2 Increasing demand for plug-in vehicles 60
FIGURE 19 GLOBAL ELECTRIC PASSENGER CAR STOCK, 2010-2020 61
5.2.1.3 Growing need for battery-operated material-handling equipment in industries due to automation 61
5.2.1.4 Continued development of smart devices and other industrial goods 62
5.2.1.5 Growing adoption of lithium-ion batteries in renewable energy sector 62
FIGURE 20 IMPACT OF DRIVERS ON LITHIUM-ION BATTERY MARKET 63
5.2.2 RESTRAINTS 64
5.2.2.1 Safety issues related to storage and transportation of spent batteries 64
FIGURE 21 IMPACT OF RESTRAINTS ON LITHIUM-ION BATTERY MARKET 64
5.2.3 OPPORTUNITIES 64
5.2.3.1 Declining prices of lithium-ion batteries 64
5.2.3.2 Growing number of R&D initiatives by manufacturers for improvements in Li-ion batteries 65
FIGURE 22 IMPACT OF OPPORTUNITIES ON LITHIUM-ION BATTERY MARKET 65
5.2.4 CHALLENGES 65
5.2.4.1 Disruptions in supply chain of batteries and related components caused by COVID-19 65
5.2.4.2 Overheating of lithium-ion batteries 66
5.2.4.3 High costs associated with battery-operated industrial vehicles 66
5.2.4.4 Aging of lithium-ion batteries 66
FIGURE 23 IMPACT OF CHALLENGES ON LITHIUM-ION BATTERY MARKET 67
5.3 VALUE CHAIN ANALYSIS 67
FIGURE 24 VALUE CHAIN ANALYSIS: LITHIUM-ION BATTERY MARKET 68
5.4 ECOSYSTEM ANALYSIS 70
FIGURE 25 BATTERY ECOSYSTEM 70
TABLE 10 ECOSYSTEM: LITHIUM-ION BATTERY 71
5.5 REVENUE SHIFT AND NEW REVENUE POCKETS FOR LITHIUM-ION BATTERY MARKET 72
5.6 PORTER'S FIVE FORCES ANALYSIS 73
TABLE 11 IMPACT OF EACH FORCE ON MARKET (2020) 74
5.7 CASE STUDY ANALYSIS 74
TABLE 12 COLLABORATION BETWEEN NEXCHARGE AND TATA POWER DELHI DISTRIBUTION (TPDDL) LAUNCHED GRID-CONNECTED LITHIUM-ION BATTERY ENERGY STORAGE SYSTEM 74
TABLE 13 MARKET ASSESSMENT OF MEDICAL DEVICES USING PRINTED BATTERY 75
5.8 TECHNOLOGY ANALYSIS 75
5.8.1 LITHIUM METAL BATTERIES 75
5.8.2 LITHIUM-SULFUR BATTERIES 76
5.8.3 SODIUM-SULFUR BATTERIES 76
5.8.4 COBALT-FREE BATTERIES 76
5.8.5 METAL-AIR BATTERIES 76
5.8.6 LIQUID METAL BATTERIES 76
5.8.7 POTASSIUM METAL BATTERIES 77
5.8.8 ZINC MANGANESE BATTERIES 77
5.8.9 VANADIUM FLOW BATTERIES 77
5.8.10 GOLD NANOWIRE GEL ELECTROLYTE BATTERIES 77
5.9 PRICING ANALYSIS 77
FIGURE 26 LITHIUM-ION BATTERY PRICE TREND, 2011 TO 2020 78
FIGURE 27 BATTERY ENERGY STORAGE SYSTEM: COST BREAKDOWN 78
5.10 TRADE ANALYSIS 79
FIGURE 28 IMPORT DATA, BY COUNTRY, 2016-2020 (USD MILLION) 79
FIGURE 29 EXPORT DATA, 2016-2020 (USD MILLION) 80
5.11 PATENT ANALYSIS 80
FIGURE 30 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 80
TABLE 14 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS 81
FIGURE 31 NUMBER OF PATENTS GRANTED PER YEAR FROM 2011 TO 2020 82
5.12 TARIFF AND REGULATORY LANDSCAPE 82
5.12.1 TARIFF LANDSCAPE 82
TABLE 15 TARIFF IMPOSED BY CHINA ON EXPORT OF LITHIUM CELLS AND BATTERIES, BY COUNTRY, 2020 82
TABLE 16 TARIFF IMPOSED BY US ON EXPORT OF LITHIUM CELLS AND BATTERIES, BY COUNTRY, 2020 83
TABLE 17 TARIFF IMPOSED BY GERMANY ON EXPORT OF LITHIUM CELLS AND BATTERIES, BY COUNTRY, 2020 83
5.12.2 REGULATORY LANDSCAPE 84
TABLE 18 REGULATIONS AND STANDARDS FOR BATTERIES 84

6 SHIFT IN LITHIUM-ION BATTERY MARKET POST COVID-19 86
6.1 DISRUPTIONS IN INDUSTRY 86
FIGURE 32 SHARE OF LITHIUM-ION BATTERY COMPONENTS IN CHINA (2019) 86
FIGURE 33 GLOBAL LITHIUM CONSUMPTION IN KEY GEOGRAPHIES, 2019 86
FIGURE 34 SHARE OF MAJOR LITHIUM-PRODUCING COMPANIES IN GLOBAL MARKET, 2019 87
6.2 SUPPLY CHAIN CONSTRAINTS AND STRATEGIES UNDERTAKEN TO OVERCOME THEM 87
6.3 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES 87

7 MATERIALS USED IN LITHIUM-ION BATTERIES 88
7.1 INTRODUCTION 88
TABLE 19 LI-ION BATTERY: BATTERY MATERIALS 88
7.2 CATHODE MATERIAL 88
FIGURE 35 CHEMISTRY OF CATHODES 89
7.2.1 CATHODE MATERIAL FOR LITHIUM-ION BATTERIES 89
7.2.1.1 Lithium iron phosphate (LFP) 89
7.2.1.2 Lithium iron cobalt oxide (LCO) 89
7.2.1.3 Lithium nickel manganese cobalt (NMC) 89
7.2.1.4 Lithium nickel cobalt aluminum (NCA) 90
7.2.1.5 Lithium manganese oxide (LMO) 90
7.3 ANODE MATERIALS 90
7.3.1 ANODE MATERIAL FOR LITHIUM-ION BATTERIES 90
7.3.1.1 Natural graphite 90
7.3.1.2 Artificial graphite 90
7.3.1.3 Other anode materials 91
7.4 ELECTROLYTE MATERIAL 91
7.5 SEPARATOR MATERIALS 91
7.6 CURRENT COLLECTOR MATERIALS 91
7.7 OTHER MATERIALS 92

8 RESOURCES USED FOR LITHIUM-ION BATTERIES 93
8.1 INTRODUCTION 93
FIGURE 36 END-USE APPLICATIONS OF LITHIUM 93
8.2 PROVEN RESERVES 94
FIGURE 37 RESERVE VS. PRODUCTION 94
8.2.1 CHILE 94
8.2.2 CHINA 94
8.2.3 ARGENTINA 94
8.2.4 AUSTRALIA 95
8.2.5 OTHERS 95
8.3 PRICING TREND 95
FIGURE 38 LITHIUM PRICE PER METRIC TON, 2010-2018 (USD) 95
8.4 COMPANIES EXPLORING LITHIUM 96
FIGURE 39 TOP LITHIUM SUPPLIERS 96
8.4.1 JIANGXI GANFENG LITHIUM 96
8.4.2 TIANQI LITHIUM 96
8.4.3 ALBEMARLE 97
8.4.4 SQM 97
8.4.5 LIVENT 97

9 LITHIUM-ION BATTERY MARKET, BY TYPE 98
9.1 INTRODUCTION 99
FIGURE 40 LITHIUM-ION BATTERY MARKET, BY TYPE 99
TABLE 20 LITHIUM-ION BATTERY MARKET, BY TYPE, 2017-2020 (USD MILLION) 99
TABLE 21 LITHIUM-ION BATTERY MARKET, BY TYPE, 2021-2030 (USD MILLION) 99
9.2 LITHIUM NICKEL MANGANESE COBALT OXIDE (LI-NMC) 100
9.2.1 HIGH ENERGY DENSITY BOOSTS DEMAND FOR NMC BATTERIES 100
FIGURE 41 PERFORMANCE PARAMETERS: LI-NMC BATTERIES 101
TABLE 22 LITHIUM NICKEL MANGANESE COBALT (LI-NMC) BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 101
TABLE 23 LITHIUM NICKEL MANGANESE COBALT (LI-NMC) BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 101
FIGURE 42 EUROPE TO HOLD LARGEST SIZE OF LITHIUM NICKEL MANGANESE COBALT BATTERY MARKET IN 2021 102
TABLE 24 LITHIUM NICKEL MANGANESE COBALT (LI-NMC) BATTERY MARKET, BY REGION, 2017-2020 (USD MILLION) 102
TABLE 25 LITHIUM NICKEL MANGANESE COBALT (LI-NMC) BATTERY MARKET, BY REGION, 2021-2030 (USD MILLION) 102
9.3 LITHIUM IRON PHOSPHATE (LFP) 103
9.3.1 EXCELLENT ELECTROCHEMICAL PERFORMANCE AND LOW RESISTANCE ATTRIBUTES BOOST ADOPTION OF LFP BATTERIES 103
FIGURE 43 PERFORMANCE PARAMETERS: LFP BATTERIES 103
TABLE 26 LITHIUM IRON PHOSPHATE (LFP) BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 103
TABLE 27 LITHIUM IRON PHOSPHATE (LFP) BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 104
TABLE 28 LITHIUM IRON PHOSPHATE (LFP) BATTERY MARKET, BY REGION, 2017-2020 (USD MILLION) 104
TABLE 29 LITHIUM IRON PHOSPHATE (LFP) BATTERY MARKET, BY REGION, 2021-2030 (USD MILLION) 104
9.4 LITHIUM COBALT OXIDE (LCO) 105
9.4.1 LCO BATTERIES ARE MAINLY USED IN CONSUMER ELECTRONICS 105
FIGURE 44 PERFORMANCE PARAMETERS: LCO BATTERIES 105
TABLE 30 LITHIUM COBALT OXIDE (LCO) BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 105
TABLE 31 LITHIUM COBALT OXIDE (LCO) BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 106
TABLE 32 LITHIUM COBALT OXIDE (LCO) BATTERY MARKET, BY REGION, 2017-2020 (USD MILLION) 106
TABLE 33 LITHIUM COBALT OXIDE (LCO) BATTERY MARKET, BY REGION, 2021-2030 (USD MILLION) 106
9.5 LITHIUM TITANATE OXIDE (LTO) 107
9.5.1 LONGER LIFECYCLE THAN OTHER LI-ION BATTERY TYPES MAKES LTO BATTERIES SUITABLE FOR ELECTRIC VEHICLES 107
FIGURE 45 PERFORMANCE PARAMETERS: LTO BATTERIES 107
TABLE 34 LITHIUM TITANATE OXIDE (LTO) BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 107
FIGURE 46 AUTOMOTIVE SEGMENT IS EXPECTED TO GROW AT HIGHEST CAGR IN LITHIUM TITANATE OXIDE BATTERY MARKET 108
TABLE 35 LITHIUM TITANATE OXIDE (LTO) BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 108
TABLE 36 LITHIUM TITANATE OXIDE (LTO) BATTERY MARKET, BY REGION, 2017-2020 (USD MILLION) 109
TABLE 37 LITHIUM TITANATE OXIDE (LTO) BATTERY MARKET, BY REGION, 2021-2030 (USD MILLION) 109
9.6 LITHIUM MANGANESE OXIDE (LMO) 109
9.6.1 HIGHER TEMPERATURE STABILITY FUEL DEMAND FOR LMO BATTERIES 109
FIGURE 47 PERFORMANCE PARAMETERS: LMO BATTERIES 110
TABLE 38 LITHIUM MANGANESE OXIDE (LMO) BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 110
TABLE 39 LITHIUM MANGANESE OXIDE (LMO) BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 110
TABLE 40 LITHIUM MANGANESE OXIDE (LMO) BATTERY MARKET, BY REGION, 2017-2020 (USD MILLION) 111
TABLE 41 LITHIUM MANGANESE OXIDE (LMO) BATTERY MARKET, BY REGION, 2021-2030 (USD MILLION) 111
9.7 LITHIUM NICKEL COBALT ALUMINUM OXIDE (NCA) 111
9.7.1 HIGH ENERGY DENSITY OF NCA BATTERIES INCREASES DEMAND IN AUTOMOTIVE INDUSTRY 111
FIGURE 48 PERFORMANCE PARAMETERS: NCA BATTERIES 112
TABLE 42 LITHIUM NICKEL COBALT ALUMINUM OXIDE (NCA) BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 112
TABLE 43 LITHIUM NICKEL COBALT ALUMINUM OXIDE (NCA) BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 112
FIGURE 49 APAC TO HOLD LARGEST SIZE OF NCA BATTERY MARKET DURING FORECAST PERIOD 113
TABLE 44 LITHIUM NICKEL COBALT ALUMINUM OXIDE (NCA) BATTERY MARKET, BY REGION, 2017-2020 (USD MILLION) 113
TABLE 45 LITHIUM NICKEL COBALT ALUMINUM OXIDE (NCA) BATTERY MARKET, BY REGION, 2021-2030 (USD MILLION) 113

10 LITHIUM-ION BATTERY MARKET, BY PRODUCT 114
10.1 INTRODUCTION 114
FIGURE 50 TYPES OF LITHIUM-ION BATTERY PRODUCTS 114
10.2 CELLS 114
10.2.1 LOW WEIGHT AND EASY INSTALLATION CREATE DEMAND FOR CELL TYPE LITHIUM-ION BATTERIES IN CONSUMER ELECTRONICS INDUSTRY 114
10.3 BATTERY PACKS 115
10.3.1 BATTERY PACKS ARE USED IN APPLICATIONS REQUIRING HIGH ENERGY DENSITY 115

11 LITHIUM-ION BATTERY MARKET, BY CAPACITY 116
11.1 INTRODUCTION 117
FIGURE 51 LITHIUM-ION BATTERY MARKET, BY CAPACITY 117
TABLE 46 LITHIUM-ION BATTERY MARKET, BY CAPACITY, 2017-2020 (USD MILLION) 117
TABLE 47 LITHIUM-ION BATTERY MARKET, BY CAPACITY, 2021-2030 (USD MILLION) 117
11.2 0 TO 3,000 MAH 118
11.2.1 BATTERIES THAT PROVIDE CAPACITY OF UP TO 3,000 MAH ARE SUITABLE FOR A VARIETY OF APPLICATIONS 118
FIGURE 52 0-3,000 MAH BATTERY MARKET FOR POWER SEGMENT IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 119
TABLE 48 0-3,000 MAH LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 119
TABLE 49 0-3,000 MAH LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 120
11.3 3,000 TO 10,000 MAH 120
11.3.1 BATTERIES HAVING CAPACITY FROM 3,000 TO 10,000 MAH ARE MAJORLY USED IN APPLICATIONS WITH HEAVY POWER DENSITY REQUIREMENTS 120
TABLE 50 3,000-10,000 MAH LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 121
TABLE 51 3,000-10,000 MAH LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 121
11.4 10,000 TO 60,000 MAH 122
11.4.1 BATTERIES HAVING CAPACITY ABOVE 10,000 MAH ARE IDEAL FOR HIGH-POWER APPLICATIONS 122
TABLE 52 10,000-60,000 MAH LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 122
TABLE 53 10,000-60,000 MAH LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 123
11.5 60,000 MAH AND ABOVE 123
11.5.1 LITHIUM-ION BATTERIES HAVING CAPACITY ABOVE 60,000 MAH ARE USED FOR POWERING HEAVY ELECTRIC VEHICLES 123
FIGURE 53 POWER SEGMENT TO CONTINUE TO HOLD LARGEST SHARE OF ABOVE 60,000 MAH BATTERY MARKET DURING FORECAST PERIOD 124
TABLE 54 ABOVE 60,000 MAH LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 124
TABLE 55 ABOVE 60,000 MAH LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 125

12 LITHIUM-ION BATTERY MARKET, BY VOLTAGE 126
12.1 INTRODUCTION 127
FIGURE 54 LITHIUM-ION BATTERY MARKET, BY VOLTAGE 127
TABLE 56 LITHIUM-ION BATTERY MARKET, BY VOLTAGE, 2017-2020 (USD MILLION) 127
TABLE 57 LITHIUM-ION BATTERY MARKET, BY VOLTAGE, 2021-2030 (USD MILLION) 127
12.2 LOW (BELOW 12V) 128
12.2.1 CONSUMER ELECTRONICS INDUSTRY IS LARGEST ADOPTER OF LITHIUM-ION BATTERIES BELOW 12V 128
12.3 MEDIUM (12V-36V) 128
12.3.1 EXCELLENT OPTION FOR TROLLING MOTORS, OTHER MARINE APPLICATIONS, AND DEEP-CYCLE APPLICATIONS 128
12.4 HIGH (ABOVE 36V) 128
12.4.1 HIGH-VOLTAGE LITHIUM-ION BATTERIES OFFER HIGHER POWER, LONGER LIFE, AND MORE SAFETY THAN LEAD-ACID BATTERIES 128

13 LITHIUM-ION BATTERY MARKET, BY INDUSTRY 129
13.1 INTRODUCTION 130
FIGURE 55 LITHIUM-ION BATTERY MARKET, BY INDUSTRY 130
TABLE 58 LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2017-2020 (USD MILLION) 130
TABLE 59 LITHIUM-ION BATTERY MARKET, BY INDUSTRY, 2021-2030 (USD MILLION) 131
13.2 CONSUMER ELECTRONICS 131
FIGURE 56 COMPARISON OF BATTERIES WITH RESPECT TO CHARACTERISTICS 132
13.2.1 SMARTPHONES 132
13.2.1.1 Lightweight and high-density lithium-ion batteries are ideal power source for complex smartphone devices 132
13.2.2 UPS 132
13.2.2.1 Longer runtime and faster recharge time make lithium-ion batteries suitable for UPS systems 132
13.2.3 LAPTOPS 133
13.2.3.1 Lithium-ion batteries for laptops are low maintenance, do not require scheduled cycling, and display no memory effect 133
13.2.4 OTHERS (GAMES, GARDENING TOOLS, AND DRILLING) 133
TABLE 60 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2017-2020 (USD MILLION) 133
TABLE 61 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY TYPE, 2021-2030 (USD MILLION) 134
TABLE 62 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY VOLTAGE, 2017-2020 (USD MILLION) 134
TABLE 63 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY VOLTAGE, 2021-2030 (USD MILLION) 134
TABLE 64 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY CAPACITY, 2017-2020 (USD MILLION) 135
TABLE 65 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY CAPACITY, 2021-2030 (USD MILLION) 135
TABLE 66 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2017-2020 (USD MILLION) 135
TABLE 67 LITHIUM-ION BATTERY MARKET FOR CONSUMER ELECTRONICS, BY REGION, 2021-2030 (USD MILLION) 136
13.3 AUTOMOTIVE 136
TABLE 68 LITHIUM-ION BATTERY CONFIGURATIONS ACROSS AUTO APPLICATIONS 137
13.3.1 BATTERY ELECTRIC VEHICLES 137
13.3.1.1 Lithium-ion batteries provide high power density and high thermal stability to battery electric vehicle 137
13.3.2 PLUG-IN HYBRID ELECTRIC VEHICLES 137
13.3.2.1 LTO, LFP, and NMC variants of lithium-ion batteries are mainly used in hybrid electric vehicles 137
TABLE 69 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, IN TERMS OF VALUE AND VOLUME, 2017-2020 138
TABLE 70 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, IN TERMS OF VALUE AND VOLUME, 2021-2030 138
TABLE 71 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY TYPE, 2017-2020 (USD MILLION) 138
TABLE 72 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY TYPE, 2021-2030 (USD MILLION) 139
TABLE 73 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY VOLTAGE, 2017-2020 (USD MILLION) 139
TABLE 74 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY VOLTAGE, 2021-2030 (USD MILLION) 139
TABLE 75 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY CAPACITY, 2017-2020 (USD MILLION) 140
TABLE 76 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY CAPACITY, 2021-2030 (USD MILLION) 140
TABLE 77 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY REGION, 2017-2020 (USD MILLION) 140
TABLE 78 LITHIUM-ION BATTERY MARKET FOR AUTOMOTIVE, BY REGION, 2021-2030 (USD MILLION) 141
13.4 AEROSPACE 141
13.4.1 COMMERCIAL AIRCRAFT 141
13.4.1.1 Adoption by leading players such as Boeing and Airbus creates positive environment for lithium-ion batteries 141
TABLE 79 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY TYPE, 2017-2020 (USD MILLION) 142
TABLE 80 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY TYPE, 2021-2030 (USD MILLION) 142
TABLE 81 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY VOLTAGE, 2017-2020 (USD MILLION) 142
TABLE 82 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY VOLTAGE, 2021-2030 (USD MILLION) 143
TABLE 83 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY CAPACITY, 2017-2020 (USD MILLION) 143
TABLE 84 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY CAPACITY, 2021-2030 (USD MILLION) 143
TABLE 85 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY REGION, 2017-2020 (USD MILLION) 144
TABLE 86 LITHIUM-ION BATTERY MARKET FOR AEROSPACE, BY REGION, 2021-2030 (USD MILLION) 144
13.5 MARINE 144
13.5.1 COMMERCIAL 145
13.5.1.1 Ability to deliver power supply for longer durations make lithium-ion batteries suitable for commercial ships 145
13.5.2 TOURISM 145
13.5.2.1 High energy density and no risk of fire or explosion make lithium-ion batteries popular among electric boat manufacturers 145
TABLE 87 LITHIUM-ION BATTERY MARKET FOR MARINE, BY TYPE, 2017-2020 (USD MILLION) 145
TABLE 88 LITHIUM-ION BATTERY MARKET FOR MARINE, BY TYPE, 2021-2030 (USD MILLION) 146
TABLE 89 LITHIUM-ION BATTERY MARKET FOR MARINE, BY VOLTAGE, 2017-2020 (USD MILLION) 146
TABLE 90 LITHIUM-ION BATTERY MARKET FOR MARINE, BY VOLTAGE, 2021-2030 (USD MILLION) 146
TABLE 91 LITHIUM-ION BATTERY MARKET FOR MARINE, BY CAPACITY, 2017-2020 (USD MILLION) 147
TABLE 92 LITHIUM-ION BATTERY MARKET FOR MARINE, BY CAPACITY, 2021-2030 (USD MILLION) 147
TABLE 93 LITHIUM-ION BATTERY MARKET FOR MARINE, BY REGION, 2017-2020 (USD MILLION) 147
TABLE 94 LITHIUM-ION BATTERY MARKET FOR MARINE, BY REGION, 2021-2030 (USD MILLION) 147
13.6 MEDICAL 148
13.6.1 LOW SELF-DISCHARGE AND LIGHT WEIGHT MAKE LITHIUM-ION BATTERIES IDEAL FOR USE IN MEDICAL DEVICES 148
TABLE 95 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY TYPE, 2017-2020 (USD MILLION) 148
TABLE 96 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY TYPE, 2021-2030 (USD MILLION) 149
TABLE 97 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY VOLTAGE, 2017-2020 (USD MILLION) 149
TABLE 98 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY VOLTAGE, 2021-2030 (USD MILLION) 149
TABLE 99 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY CAPACITY, 2017-2020 (USD MILLION) 150
TABLE 100 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY CAPACITY, 2021-2030 (USD MILLION) 150
TABLE 101 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY REGION, 2017-2020 (USD MILLION) 150
TABLE 102 LITHIUM-ION BATTERY MARKET FOR MEDICAL, BY REGION, 2021-2030 (USD MILLION) 150
13.7 INDUSTRIAL 151
13.7.1 MINING EQUIPMENT 151
13.7.1.1 Safety concerns will increase demand for lithium-ion battery-based mining equipment 151
13.7.2 CONSTRUCTION EQUIPMENT 151
13.7.2.1 Advancements in lithium-ion battery technology are improving performance and efficiency of construction equipment 151
13.7.3 FORKLIFTS, AUTOMATED GUIDED VEHICLES (AGV), AND AUTOMATED MOBILE ROBOTS (AMR) 152
13.7.3.1 High energy density makes lithium-ion batteries best choice for AGVs and AMRs 152
TABLE 103 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY TYPE, 2017-2020 (USD MILLION) 152
TABLE 104 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY TYPE, 2021-2030 (USD MILLION) 152
TABLE 105 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY VOLTAGE, 2017-2020 (USD MILLION) 153
TABLE 106 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY VOLTAGE, 2021-2030 (USD MILLION) 153
TABLE 107 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY CAPACITY, 2017-2020 (USD MILLION) 153
TABLE 108 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY CAPACITY, 2021-2030 (USD MILLION) 154
TABLE 109 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY REGION, 2017-2020 (USD MILLION) 154
TABLE 110 LITHIUM-ION BATTERY MARKET FOR INDUSTRIAL, BY REGION, 2021-2030 (USD MILLION) 154
13.8 POWER 155
13.8.1 ADOPTION IN SMART GRIDS TO DRIVE LITHIUM-ION BATTERY MARKET GROWTH 155
TABLE 111 LITHIUM-ION BATTERY MARKET FOR POWER, BY TYPE, 2017-2020 (USD MILLION) 155
TABLE 112 LITHIUM-ION BATTERY MARKET FOR POWER, BY TYPE, 2021-2030 (USD MILLION) 156
TABLE 113 LITHIUM-ION BATTERY MARKET FOR POWER, BY VOLTAGE, 2017-2020 (USD MILLION) 156
TABLE 114 LITHIUM-ION BATTERY MARKET FOR POWER, BY VOLTAGE, 2021-2030 (USD MILLION) 156
TABLE 115 LITHIUM-ION BATTERY MARKET FOR POWER, BY CAPACITY, 2017-2020 (USD MILLION) 157
TABLE 116 LITHIUM-ION BATTERY MARKET FOR POWER, BY CAPACITY, 2021-2030 (USD MILLION) 157
TABLE 117 LITHIUM-ION BATTERY MARKET FOR POWER, BY REGION, 2017-2020 (USD MILLION) 157
TABLE 118 LITHIUM-ION BATTERY MARKET FOR POWER, BY REGION, 2021-2030 (USD MILLION) 157
13.9 TELECOMMUNICATIONS 158
13.9.1 LITHIUM-ION BATTERIES PROVIDE OUTSTANDING CYCLIC LIFE, EXCELLENT CHARGE ACCEPTANCE, AND REMOTE MONITORING FOR TELECOM APPLICATIONS 158
TABLE 119 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY TYPE, 2017-2020 (USD MILLION) 158
TABLE 120 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY TYPE, 2021-2030 (USD MILLION) 159
TABLE 121 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY VOLTAGE, 2017-2020 (USD MILLION) 159
TABLE 122 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY VOLTAGE, 2021-2030 (USD MILLION) 159
TABLE 123 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY CAPACITY, 2017-2020 (USD MILLION) 160
TABLE 124 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY CAPACITY, 2021-2030 (USD MILLION) 160
TABLE 125 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY REGION, 2017-2020 (USD MILLION) 160
TABLE 126 LITHIUM-ION BATTERY MARKET FOR TELECOMMUNICATIONS, BY REGION, 2021-2030 (USD MILLION) 161

14 LITHIUM-ION BATTERY MARKET, BY REGION 162
14.1 INTRODUCTION 163
FIGURE 57 GEOGRAPHIC SNAPSHOT: LITHIUM-ION BATTERY MARKET EXHIBITED HIGHEST GROWTH IN CHINA IN 2020 163
TABLE 127 LITHIUM-ION BATTERY MARKET, BY REGION, 2017-2020 (USD MILLION) 163
TABLE 128 LITHIUM-ION BATTERY MARKET, BY REGION, 2021-2030 (USD MILLION) 164
14.2 NORTH AMERICA 164
FIGURE 58 SNAPSHOT: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA 165
TABLE 129 LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2017-2020 (USD MILLION) 166
TABLE 130 LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2021-2030 (USD MILLION) 166
TABLE 131 LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY TYPE, 2017-2020 (USD MILLION) 166
TABLE 132 LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY TYPE, 2021-2030 (USD MILLION) 167
TABLE 133 LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY INDUSTRY, 2017-2020 (USD MILLION) 167
TABLE 134 LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY INDUSTRY, 2021-2030 (USD MILLION) 168
14.2.1 US 168
14.2.1.1 Automotive industry and power sector to substantiate lithium-ion battery market growth in US 168
14.2.2 CANADA 169
14.2.2.1 Market in Canada expected to grow at highest CAGR during forecast period 169
14.2.3 MEXICO 170
14.2.3.1 Demand from manufacturing industries to sustain lithium-ion battery market growth in Mexico 170
14.3 EUROPE 170
TABLE 135 LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2017-2020 (USD MILLION) 171
TABLE 136 LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2021-2030 (USD MILLION) 171
TABLE 137 LITHIUM-ION BATTERY MARKET IN EUROPE, BY TYPE, 2017-2020 (USD MILLION) 171
TABLE 138 LITHIUM-ION BATTERY MARKET IN EUROPE, BY TYPE, 2021-2030 (USD MILLION) 172
TABLE 139 LITHIUM-ION BATTERY MARKET IN EUROPE, BY INDUSTRY, 2017-2020 (USD MILLION) 172
TABLE 140 LITHIUM-ION BATTERY MARKET IN EUROPE, BY INDUSTRY, 2021-2030 (USD MILLION) 172
14.3.1 GERMANY 173
14.3.1.1 Presence of key battery and electric vehicle manufacturers boost market growth in Germany 173
14.3.2 UK 174
14.3.2.1 Government initiatives for growth of EV industry will support lithium-ion battery market growth 174
14.3.3 NETHERLANDS 174
14.3.3.1 Flourishing EV industry will support growth of lithium-ion battery market in Netherlands 174
14.3.4 NORWAY 174
14.3.4.1 Increasing sales of EVs create lucrative opportunities for market 174
14.3.5 REST OF EUROPE 175
14.4 ASIA PACIFIC 175
FIGURE 59 SNAPSHOT: LITHIUM-ION BATTERY MARKET IN APAC 176
TABLE 141 LITHIUM-ION BATTERY MARKET IN APAC, BY COUNTRY, 2017-2020 (USD MILLION) 176
TABLE 142 LITHIUM-ION BATTERY MARKET IN APAC, BY COUNTRY, 2021-2030 (USD MILLION) 177
TABLE 143 LITHIUM-ION BATTERY MARKET IN APAC, BY TYPE, 2017-2020 (USD MILLION) 177
TABLE 144 LITHIUM-ION BATTERY MARKET IN APAC, BY TYPE, 2021-2030 (USD MILLION) 177
TABLE 145 LITHIUM-ION BATTERY MARKET IN APAC, BY INDUSTRY, 2017-2020 (USD MILLION) 178
TABLE 146 LITHIUM-ION BATTERY MARKET IN APAC, BY INDUSTRY, 2021-2030 (USD MILLION) 178
14.4.1 CHINA 179
14.4.1.1 China accounts for largest share of market in APAC 179
14.4.2 JAPAN 179
14.4.2.1 Expansion of R&D resources by battery giants supporting growth of market 179
14.4.3 INDIA 180
14.4.3.1 Growing adoption of electric transport expected to drive market 180
14.4.4 REST OF APAC 180
14.5 REST OF WORLD (ROW) 181
TABLE 147 LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2017-2020 (USD MILLION) 181
TABLE 148 LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2021-2030 (USD MILLION) 181
TABLE 149 LITHIUM-ION BATTERY MARKET IN ROW, BY TYPE, 2017-2020 (USD MILLION) 181
TABLE 150 LITHIUM-ION BATTERY MARKET IN ROW, BY TYPE, 2021-2030 (USD MILLION) 182
TABLE 151 LITHIUM-ION BATTERY MARKET IN ROW, BY INDUSTRY, 2017-2020 (USD MILLION) 182
TABLE 152 LITHIUM-ION BATTERY MARKET IN ROW, BY INDUSTRY, 2021-2030 (USD MILLION) 182
14.5.1 MIDDLE EAST & AFRICA 183
14.5.1.1 Growing investments in advanced technologies for generating green and renewable energy sources to strengthen market Middle East 183
14.5.2 SOUTH AMERICA 183
14.5.2.1 Investment in mining sector and huge lithium reserves contributing to growth of the market 183

15 COMPETITIVE LANDSCAPE 184
15.1 OVERVIEW 184
15.2 TOP 4 COMPANY REVENUE ANALYSIS 184
FIGURE 60 LITHIUM-ION BATTERY MARKET: REVENUE ANALYSIS OF TOP 4 PLAYERS, 2016-2020 184
15.3 MARKET SHARE ANALYSIS, 2020 185
TABLE 153 LITHIUM-ION BATTERY MARKET: MARKET SHARE ANALYSIS (2020) 185
15.4 COMPETITIVE LEADERSHIP MAPPING 186
15.4.1 STAR 186
15.4.2 EMERGING LEADER 186
15.4.3 PERVASIVE 186
15.4.4 PARTICIPANT 187
FIGURE 61 LITHIUM-ION BATTERY MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020 187
15.5 SMALL AND MEDIUM ENTERPRISES (SME) EVALUATION MATRIX, 2020 188
15.5.1 PROGRESSIVE COMPANY 188
15.5.2 RESPONSIVE COMPANY 188
15.5.3 DYNAMIC COMPANY 188
15.5.4 STARTING BLOCK 188
FIGURE 62 LITHIUM-ION BATTERY MARKET (GLOBAL), SME EVALUATION MATRIX, 2020 189
15.6 LITHIUM-ION BATTERY MARKET: PRODUCT FOOTPRINT 190
TABLE 154 COMPANY FOOTPRINT 190
FIGURE 63 INDUSTRY FOOTPRINT OF COMPANIES 191
TABLE 155 REGIONAL FOOTPRINT OF COMPANIES 192
15.7 COMPETITIVE SITUATIONS AND TRENDS 193
15.7.1 LITHIUM-ION BATTERY MARKET: PRODUCT LAUNCHES, NOVEMBER 2019-DECEMBER 2020 193
15.7.2 LITHIUM-ION BATTERY MARKET: DEALS, MAY 2019- JANUARY 2021 194

16 COMPANY PROFILES 195
16.1 INTRODUCTION 195
16.1.1 IMPACT OF COVID-19 ON LITHIUM-ION BATTERY MARKET 195
16.2 KEY PLAYERS 196
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View)* 16.2.1 BYD COMPANY 196
FIGURE 64 BYD COMPANY: COMPANY SNAPSHOT 197
16.2.2 LG CHEM 200
FIGURE 65 LG CHEM: COMPANY SNAPSHOT 201
16.2.3 SAMSUNG SDI 205
FIGURE 66 SAMSUNG SDI: COMPANY SNAPSHOT 206
16.2.4 CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD. (CATL) 209
FIGURE 67 CATL: COMPANY SNAPSHOT 210
16.2.5 PANASONIC CORPORATION 212
FIGURE 68 PANASONIC CORPORATION: COMPANY SNAPSHOT 213
16.2.6 BAK POWER 217
16.2.7 GS YUASA CORPORATION 219
FIGURE 69 GS YUASA CORPORATION: COMPANY SNAPSHOT 220
16.2.8 HITACHI 223
FIGURE 70 HITACHI: COMPANY SNAPSHOT 224
16.2.9 CLARIOS 226
16.2.10 TOSHIBA 227
FIGURE 71 TOSHIBA: COMPANY SNAPSHOT 228
* Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies. 16.3 OTHER PROMINENT PLAYERS 230
16.3.1 CALB 230
16.3.2 TESLA 231
16.3.3 LITHIUM WERKS 232
16.3.4 SAFT GROUPE 233
16.3.5 VARTA AG 233
16.3.6 FARASIS ENERGY 234
16.3.7 SILA NANOTECHNOLOGIES 234
16.3.8 AMPEREX TECHNOLOGY LIMITED (ATL) 235
16.3.9 ENVISION AESC SDI CO. LTD. 235
16.3.10 GUOXUAN HIGH-TECH CO., LTD. 236
16.3.11 LITHIUM ENERGY JAPAN 236
16.3.12 ENERDEL 237
16.3.13 CORVUS ENERGY 238
16.3.14 IPOWER BATTERIES PVT. LTD. 238
16.3.15 NEXTERA ENERGY 239

17 APPENDIX 240
17.1 INSIGHTS OF INDUSTRY EXPERTS 240
17.2 DISCUSSION GUIDE 241
17.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 246
17.4 AVAILABLE CUSTOMIZATIONS 248
17.5 RELATED REPORTS 248
17.6 AUTHOR DETAILS 249