Lithium Ion Battery Cathode Markets: Market Shares, Strategy, and Forecasts, worldwide, 2018 to 2024. The 2018 study has 222 pages, 100 tables and figures. Worldwide markets are poised to achieve continuing growth as the advantages brought by using new materials are used to decrease the cost of producing lithium ion batteries. The customization achieved by reducing the quantity of cobalt proportionally inside the cathode is a significant market growth driver.
Lithium-ion Batteries at $100/kWh Make EVs Cheaper Than Traditional Gas-Powered Vehicles. As the new cathode technologies are applied to lithium ion batteries, the cost of lithium ion batteries will continue to decrease. Lithium-ion batteries aim to cost $100/kWh, – a cost that makes EVs cheaper than traditional gas-powered vehicles. Companies are targeting between $80/kWh and $100/kWh. Realistically companies will likely approach $100/kWh.
NMC lithium battery cathode materials are used for electric vehicles. As the cathode markets develop toward NMC, it is clear the LFP favored by Chinese manufacturers, not suitable for electric vehicles will lose market share. Current NMC ternary lithium-ion batteries from South Korean and Japanese makers typically employ a ratio of 60% nickel to 20% manganese, and 20% cobalt (6:2:2), but as that ratio moves to 8:1:1 in 2018 and beyond, the cathode is a key element in achieve vast cost efficiencies.
On the basis of product, the market is primarily split into
- Nickel Cobalt Manganese (NMC)
- Lithium Iron Phosphate (LFP)
Worldwide Lithium Ion Battery cathodes have many applications. On the basis on the end users/application, this report covers
- Electric Vehicles
- Drones, UAV, UUV
- Power Tools
- Smart Phone Equipment
- Consumer Electronics Products
Worldwide Lithium Ion Battery cathode market at $5.1 billion market in 2017, is expected to reach $58.8 billion by 2024.
Publisher is an independent research organization funded by the sale of market research studies all over the world and by the implementation of ROI models that are used to calculate the total cost of ownership of equipment, services, and software. The company has 35 distributors worldwide, including Global Information Info Shop, Market Research.com, Research and Markets, electronics.ca, Research and Markets, and Report Linker.
Publisher is positioned to help customers facing challenges that define the modern enterprises. The increasingly global nature of science, technology and engineering is a reflection of the implementation of the globally integrated enterprise. Customers trust Publisher to work alongside them to ensure the success of the participation in a particular market segment.
Publisher supports various market segment programs; provides trusted technical services to the marketing departments. It carries out accurate market share and forecast analysis services for a range of commercial and government customers globally. These are all vital market research support solutions requiring trust and integrity.
Spanning over 222 pages “Lithium Ion Battery Cathodes: Market Shares, Strategies, and Forecasts, Worldwide, 2018 to 2024” report covers Lithium Ion Battery Cathode: Market Description and Market Dynamics, Lithium Ion Battery Cathode Market Shares and Forecasts, Lithium Ion Battery Cathode Product Description, Lithium Ion Battery Cathode Research and Technology, Lithium Ion Battery Cathode Company Profiles. This report Covered Companies – Sumitomo Metal Mining (SMM), Panasonic, BASF, Umicore, NEI Corporation, LG, Argonne National Labs, Easpring, Mitsubishi Chemical, Reshine, Long Power Systems, Targray, Toda Kogyo, Fujitsu, Pulead, JFE Chemical, Samsung, Hitachi Chemical.
Please visit this link for more details: http://mrr.cm/UXJ
For related reports please visit: Battery Market Research Reports
Find all Energy and Utilities Reports at: https://www.marketresearchreports.com/energy-utilities
About Market Research Reports, Inc.
Market Research Reports® Inc. is world’s largest store offering quality market research, SWOT analysis, competitive intelligence and industry reports. We help Fortune 500 to Start-Ups with the latest market research reports on global & regional markets which comprise key industries, leading market players, new products and latest industry analysis & trends.