Rechargeable Poly Lithium-Ion Battery Market Size Worth $177.2 Billion By 2026 - KBV Research

NEW YORK - Nov. 10, 2020 - PRLog -- According to a new report Global Rechargeable Poly Lithium-Ion Battery Market, published by KBV research, The Global Rechargeable Poly Lithium-Ion Battery Market size is expected to reach $177.2 billion by 2026, rising at a market growth of 6.9% CAGR during the forecast period.

The cylindrical battery dominated the market in the year 2019. These types of products find their major application in electric vehicles and consumer electronics. Increasing demand for consumer electronic devices is the major driving factor for this segment. The prismatic battery structure that is also known as flat rectangle battery, is likely to grow at the fastest CAGR from the year 2020 to 2026.

Electric vehicles led the market in the year 2019. Electric vehicles that are using rechargeable poly lithium-ion batteries have gained much attention due to the need for energy-efficient products and environmentally friendly. The consumer electronics application is anticipated to show a moderate growth rate over the coming year. This is accredited to the durability and high reliability of such batteries in electronic appliances, like smartphones and laptops.

Global Rechargeable Poly Lithium-Ion Battery Market Segmentation

By Structure

• Cylindrical
• Prismatic

By Application

• Electric Vehicles
• Industrial
• Power
• Consumer Electronic
• Others

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Samsung Electronics Co., Ltd. (Samsung Group) (Samsung SDI Co., Ltd.)
• 3M Company
• Koninklijke Philips N.V.
• Motorola Solutions, Inc.
• Toshiba Corporation
• Fujifilm Holdings Corporation
• Olympus Corporation
• Nikon Corporation
• Sony Corporation
• LiPol Battery Co., Ltd.
Structural Insights: https://www.kbvresearch.com/rechargeable-poly-lithium-ion-battery-market/