Global Cylindrical Lithium-Ion Battery Market 2020-2024

Global Cylindrical Lithium-Ion Battery Market 2020-2024
Technavio has been monitoring the cylindrical lithium-ion battery market and it is poised to grow by $ 8.45 bn during 2020-2024 progressing at a CAGR of 13% during the forecast period. Our reports on cylindrical lithium-ion battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the shift in the automotive industry to EVs and growing use of e-cigarettes. In addition, shift in the automotive industry to EVs is anticipated to boost the growth of the market as well.
The cylindrical lithium-ion battery market analysis includes application segment and geographic landscapes
Technavio's cylindrical lithium-ion battery market is segmented as below:

By Application


• Automotive
• Industrial
• Others
By Geographic Landscapes
• APAC
• North America
• Europe
• South America
• MEA
This study identifies the increase in demand for power banks as one of the prime reasons driving the cylindrical lithium-ion battery market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our cylindrical lithium-ion battery market covers the following areas:
• Cylindrical lithium-ion battery market sizing
• Cylindrical lithium-ion battery market forecast
• Cylindrical lithium-ion battery market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cylindrical lithium-ion battery market vendors that include Dongguan Large Electronics Co. Ltd., Hitachi Ltd., LG Chem Ltd., Murata Manufacturing Co. Ltd., Padre Electronics Co. Ltd., Panasonic Corp., PowerTech Systems, Samsung SDI Co. Ltd., Shenzhen Auto-Energy Technology Ltd., and Shenzhen Cham Battery Technology Co. Ltd.. Also, the cylindrical lithium-ion battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit - https://www.technavio.com/report/report/cylindrical-lithium-ion-battery-market-industry-analysis
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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