Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Editor's Pick Market Research

21700 Lithium-ion battery market to grow by USD 4,355.12 MN

Urja Daily by Urja Daily
August 16, 2023
in Market Research
Reading Time: 4 mins read
0
21700 Lithium-ion battery
Share on FacebookShare on TwitterShare on Linkedin

The 21700 lithium-ion battery market size is forecast to increase by USD 4,355.12 million from 2022 to 2027, at a CAGR of 17.65%, according to the recent market study by Technavio. The growth of the market will be driven by the improved cAPACity and performance of lithium-ion batteries, the shift of the automotive industry toward EVs, and the decline in the costs of lithium-ion batteries. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report.

Technavio has extensively analyzed 15 major vendors, including AA Portable Power Corp., EVE Energy Co. Ltd., Far East Holding Group Co. Ltd., GODI India Pvt. Ltd., Guangdong CVATOP New Energy Technology Co. Ltd., Guangzhou Great Power Energy and Technology Co. Ltd., Jiangsu Tianpeng Power Supply Co. Ltd., LG Chem Ltd., Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Samsung SDI Co. Ltd., Shenzen ACE Battery Co. Ltd., Shenzen Fest Technology Co. Ltd., Shenzhen A and S Power Technology Co. Ltd., Shenzhen BAK Power Battery Co. Ltd., Shenzhen XTAR Electronics Co. Ltd., Sony Group Corp., Taiwan Cement Ltd., Tesla Inc., and TianJin Lishen Battery Joint Stock Co. Ltd.

RELATED POSTS

Top Innovations Driving the Future of the Building Insulation Market

Technological Innovations Driving the Future of Absorption Chillers

Get a holistic overview of the 21700 Lithium-Ion Battery Market by industry experts to evaluate and develop growth strategies.

Key Benefits for Industry Players & Stakeholders – 

  • The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
  • It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.
  • The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

21700 Lithium-Ion Battery Market – Market Dynamics

Key Trends

The rise in battery recycling initiatives is one of the key 21700 lithium-ion battery market trends that is contributing to the market growth. For a battery recycling technique to be viable, it must have economic as well as environmental value. The emerging concept of direct recycling is likely to be beneficial. Direct recycling involves the recovery of cathode materials as reUSAble cathode mixtures instead of individual metals, thus minimizing the waste produced during recycling in principle. However, direct recycling targets are specific to cathodes and thus require specialized processes for different cathodes. Furthermore, the recovery efficiency depends on battery health. Therefore, it may not be advantageous if the charge is too low. Thus, initiatives for the recycling of batteries are likely to propel the growth of the global 21700 lithium-ion battery market during the forecast period.

Major Challenges

Safety concerns related to lithium-ion batteries challenge the global 21700 lithium-ion battery market. These batteries have emerged as the dominant battery type to provide power for propulsion in EVs but lithium-ion batteries are the only mainstream batteries in which a flammable substance is used as an electrolyte. Such batteries are still susceptible to leakage and drying out due to the rupturing of membranes, which could, in turn, lead the battery to explode or short circuit. Furthermore, the separators serve the function of a fuse in lithium-ion batteries as they shut down the pores during times of overheating by melting but uneven separators can trigger battery failure due to poor conductivity in dry areas. Hence, such challenges impede the growth of the global 21700 lithium-ion battery market during the forecast period.

21700 Lithium-Ion Battery Market – Segmentation Assessment

The market is segmented by Application (Automotive, Consumer electronics, and Others), Type (Lithium nickel manganese cobalt, Lithium titanate, Lithium iron phosphate, and Lithium cobalt oxide), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

  • The automotive segment will be significant during the forecast period. This segment includes 21700 lithium-ion batteries that are used in EVs and e-bikes. In order to boost the adoption of EVs further, several value chain members, including governments, EV manufacturers, and private organizations, are increasing their efforts toward the installation of new EV charging infrastructures. Such batteries offer longer running times and faster charging rates, which is boosting their demand from the e-bike segment.

What are the key data covered in this 21700 Lithium-Ion Battery Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the 21700 Lithium-Ion Battery Market between 2023 and 2027
  • Precise estimation of the size of the 21700 Lithium-Ion Battery Market and its contribution to the market with a focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the 21700 Lithium-Ion Battery Market across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of 21700 Lithium-Ion Battery Market vendors
Tags: AutomotiveEVsLithium-Ion BatteryTechnavio
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Building Insulation Market

Top Innovations Driving the Future of the Building Insulation Market

by Palak
August 30, 2025
0

The global construction industry is undergoing a major transformation, with sustainability, energy efficiency, and advanced materials becoming the cornerstones of...

Absorption Chillers Market

Technological Innovations Driving the Future of Absorption Chillers

by Palak
August 28, 2025
0

As the world pushes toward sustainable energy solutions, cooling systems are undergoing a major transformation. Absorption chillers, which operate on...

Waterjet Cutting Machines

Key Challenges Hindering Growth of the Waterjet Cutting Machines Market

by Palak
August 26, 2025
0

The Waterjet Cutting Machines Market has gained remarkable traction over the past decade, primarily due to its ability to deliver...

EV Adhesives Market

EV Adhesives Market Enabling Safer, Faster, and Smarter Electric Mobility

by Palak
August 18, 2025
0

The rapid transition toward electric mobility has sparked a wave of innovation across automotive design, engineering, and materials science. Among...

Offshore Wind Turbine

Offshore Wind Turbine Efficiency Market Projected to Hit $18.7 Billion by 2033

by Palak
August 18, 2025
0

According to our latest research, the Global Offshore Wind Turbine Efficiency market size was valued at $18.7 billion in 2024 and is projected to...

Next Post
Everlight Solar

Everlight Solar awarded Minnesota's Best 2023 Gold

Electrify America, Solar Glow, solar, photovoltaic, renewable energy,

Renewable Energy Generation Operations Begin at Electrify America Solar Glow

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

SAEL

SAEL Commissions 200 MW Solar Project in Rajasthan

September 1, 2025
Meenakshi Energy

Meenakshi Energy Commissions 1,000 MW Thermal Power Plant in Andhra Pradesh

September 1, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

SAEL Commissions 200 MW Solar Project in Rajasthan

Meenakshi Energy Commissions 1,000 MW Thermal Power Plant in Andhra Pradesh

NLC India Begins Operations of 300 MW Solar Project’s First Phase in Rajasthan

Power Mech Projects Wins ₹3.71 Billion Contract from Mahan Energen

ACEN Australia Gains Green Light for 900 MW Wind Project

Bang & Olufsen Teams Up with Breathe Battery Technologies to Boost Battery Life and Product Longevity

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved