MARKET INTRODUCTION
A pouch-style rechargeable battery called a lithium polymer (LiPo) battery or, more precisely, a lithium ion polymer battery is available. Polymer electrolyte is utilised in LiPo batteries instead of the more usual liquid electrolyte. Lithium ions are intercalated and de-intercalated from positive electrode materials into negative electrode materials, which is the main mechanism by which this battery operates.
MARKET DYNAMICS
In handheld electronic devices like laptops, smartphones, and cameras, among others, lithium polymer batteries are anticipated to be adopted widely. A lithium polymer battery can be used to power any electronic equipment that needs short bursts of electricity often over an extended period of time. Lithium ion batteries enable consumer electronics goods to function effectively for a longer amount of time by enabling capabilities like video calling, cameras, wireless communications, GPS (Global Positioning System) navigation, and high-fidelity audio.
MARKET SCOPE
The "Global Polymer Lithium-ion Battery Market Analysis to 2028" is a specialized and in-depth study of the polymer lithium-ion battery market with a special focus on the global market trend analysis. The report aims to provide an overview of the polymer lithium-ion battery market with detailed market segmentation by type, application and geography. The global polymer lithium-ion battery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polymer lithium-ion battery market players and offers key trends and opportunities in the polymer lithium-ion battery market.
MARKET SEGMENTATION
The global polymer lithium-ion battery market is segmented based on type and application. Based on type, polymer lithium-ion battery market is segmented into polymer-based lithium solid-state battery, lithium solid-state battery with inorganic solid and electrolytes. Based on application, polymer lithium-ion battery market is segmented into consumer, electronics, electric vehicle, aerospace, and others.
IMPACT OF COVID-19 ON POLYMER LITHIUM-ION BATTERY MARKET
The COVID-19 pandemic had a marginal effect on the lithium-ion battery market. In the current COVID-19 scenario, market growth is anticipated to slow down as the pandemic restricts the supply of batteries and other components as a result of severe commercial and economic disruptions. The battery industry's supply chain has been influenced by the current scenario. Asia Pacific is where the majority of key battery components are produced. The COVID-19 issue has highlighted the region's excessive reliance on China in particular for essential raw commodities. The closure of plants in China and other Asia Pacific nations has a significant impact on battery makers in the US, Germany, and Australia. Additionally, the constrained manufacturing has caused a significant drop in company inputs.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Polymer Lithium-ion Battery Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Polymer Lithium-ion Battery Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Polymer Lithium-ion Battery Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the polymer lithium-ion battery market in these regions.
MARKET PLAYERS
The reports cover key developments in the polymer lithium-ion battery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from polymer lithium-ion battery market are anticipated to lucrative growth opportunities in the future with the rising demand for polymer lithium-ion battery market. Below mentioned is the list of few companies engaged in the polymer lithium-ion battery market.
The report also includes the profiles of key polymer lithium-ion battery market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Jiawei
- Solid Power
- ProLogium
- Quantum Scape
- Mitsui Kinzoku
- Cymbet
- Ilika
- Front Edge Technology
- Samsung
- Excellatron Solid State
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.