Considering The Incessant Demand of Lithium-ion Batteries for a Wide Range of Application – WHO ARE THE BIGGEST BRANDS IN ITS RESPECTIVE MARKET?
In this era of fast charging, energy-efficient, and little (or no) maintenance, very few options measure up to lithium-ion recharging batteries’ adequacy and versatility.
Considering the rising demand and importance of lithium-ion batteries in powering up smart devices, mobility equipment, laptops, smartwatches, intelligent automobiles, and large-scale energy grids- this specific technology has made sky-rocketed both in terms of favorability and face-value.
Top names like Samsung SDI, Toshiba, LG Chem, and many more empower more production of lithium-ion batteries to meet the rising consumer demand.
(LITHIUM-ION BATTERIES INDEED PROVE TO BE A VALUABLE PROPOSITION…!)
And if you are looking for searching for the most prominent manufacturers’ names in its respective market, this post will give you all the insight you need in detail.
SO, CONTINUE FOLLOWING..!
PRESENTING THE TOP 10 LITHIUM ION BATTERY MANUFACTURERS IN THE WORLD
(BUT BEFORE WE BEGIN… HERE’S SOMETHING TO JOG YOUR MEMORY!)
Most top-rated lithium-ion batteries need very little or no maintenance. They tend to use an intercalated lithium-based component known as Electrodes. In many ways, lithium-ion batteries are way lighter in weight than the other existing recharging battery options around.
They are also very versatile in use, and that’s why they are seen used to power up so many electronics like pacemakers, smart devices, personal computers, and so on.
TAKE A CLOSE LOOK AT THIS TABLE
|In Fact, IMARC Group Reports Point Out That, The Global Lithium-Ion Battery Market Achieved Almost US$29 Billion ($28.5 Billion To Be Precise) In The Year 2018.|
|Furthermore, The Forecast For Worldwide Lithium-Ion Battery Market Is Estimated To Boom And Reach Figures Of Roughly US$70 Billion (give or take) By The Completion Of 2024.|
|Also, Some Reports Also Stated That The Lithium-Ion Battery Market Is Expected To Boom By 11-14% In Between The Years 2020-2024.|
(That’s not all…!)
With the surge in internet penetration and increasing consumer income levels, the overall sales of hand-held and portable electronics such as laptops, tabs, and smartphones will continue to rise at a rapid pace. And with that happening, respective market forecasters believe- these scenarios will further help strengthen the already impressive market growth of lithium-ion batteries across the sphere.
Moreover, with adequate accessibility of lithium-ion batteries, more and more consumers are gradually making the shift from traditional automobiles to electric-powered vehicles that require lithium-ion batteries to function correctly.
(Let’s Proceed To Our Main Topic Of Discussion…)
TOP LITHIUM-ION BATTERY MANUFACTURERS IN THE WORLD
Now that you have gotten a fair idea about the lithium market forecast in the upcoming years, it’s time to index out the top manufacturers who will take an active part in the large-scale manufacture of quality lithium-ion recharging batteries.
- SAMSUNG SDI
The first in the list is Samsung SDI- a complete subsidiary of the house of SAMSUNG ELECTRONICS. The Samsung SDI is fully dedicated to conducting research in the manufacture of innovative and high power lithium-ion technology for in-house applications and potential clientele worldwide.
At present, Samsung SDI is entirely devoted to the production of lithium-ion recharging batteries (of all sizes), energy storage units, solar energy panels, and many more.
And having been around for quite some time and occupying a prominent presence in powerhouse countries such as the USA, Germany, and Malaysia, it certainly is one of the top lithium-ion battery brands worldwide.
The Panasonic Corporation, formerly known as the Matsushita Electric Industrial Co, was incepted in 1918. It was headquartered in Kadoma, Japan. Then in the year 2008, it changed its name to Panasonic Corporation. In unison with its various subsidiaries, the company produces, sells, and even serves up top-shelf electronic products under its revised brand name Panasonic throughout the world.
They primarily operate via ecosystems, industrial and automotive systems, connected solutions, and other sectors.
(Getting Down To Business)
Panasonic Corporation’s tête-à-tête with quality lithium-ion recharging batteries started with a bang in the electric automobile segment! They are presently occupied in producing lithium-ion batteries for a world-wide notable automotive giant – Tesla.
The company also dedicates itself to manufacturing lithium-ion recharging technology for top-level security systems and advanced communication devices.
Another top name in the world of top-quality lithium-ion battery production is none other than TOSHIBA. And if recent reports are of any indication, TOSHIBA has incurred a lump-sum investment in the R&R department for cutting-edge lithium-ion technology.
As it stands out, the company is presently occupied in manufacturing lithium-ion batteries (of all sizes to meet different application needs) and relating storage solutions for the telecommunication and automotive industry.
This company also dedicates itself to the large-scale manufacturing of quality –flash storage, industrial ICT solutions, retail and printing, power transmission and qualified distribution, railway transportation, photovoltaic, airport facility systems, and POS systems, as well as security and automation.
- A123 SYSTEMS
Initiated In The Year 2001 And Headquartered In Livonia, Michigan…
It also consists of several other operational locations like Massachusetts, Hangzhou and Jiangsu, China, and Leinfelden-Echterdingen, Germany.
The main aim of this top worldwide brand is to develop and supply top-shelf Nano phosphate lithium iron phosphate batteries and quality energy storage units worldwide.
- AUTOMOTIVE ENERGY SUPPLY CORP
This revered manufacturing house is based in Zama City, Japan, and was incepted in 2007. It functions as the subsidiary of Nissan Motor Co Ltd and dedicates itself towards developing and selling innovative lithium-ion batteries to meet a wide variety of application requirements.
They also develop quality lithium-ion cells, packs, and modules to be used in both EV-electric-vehicles and HEV- Hybrid electric vehicles.
- LG CHEM
Another name that deserves attention as one of the top lithium-ion battery manufacturers globally is the LG CHEM. It was initiated in the year 1947 and had its headquarters in Seoul, South Korea!
LG CHEM collaborated with HitGen Ltd to develop basic chemicals and materials for lithium-ion batteries, IT and electronic components, quality materials for energy solutions, and more across the sphere.
Without a doubt, they are among the leading manufacturer of lithium-ion batteries to meet the ever-rising demands of several industries like aviation, petrochemical, energy grids, consumer electronics/appliances, and more. They also manufacture heavy-duty lithium-ion batteries for regular consumer use items such as laptops, personal computers, smartphones, tabs, etc.!
Besides these, LG CHEM also engineers quality thermoplastic elastomers, polycarbonate, and other durable plastic components.
(SO FAR SO GOOD) Now Let’s Keep Going With Other Top Lithium-Ion Battery Manufacturers In The World!
For Your Better Understanding, Here’s A Table with the Necessary Complied Information.
|CONTEMPORARY AMPEREX TECHNOLOGY||Another Chinese origin firm that has made fast strides in lithium-ion battery manufacturing is Contemporary Amperex Technology. China does consist of the largest EV-Electric Vehicle market in the world. And most (if not all) of these EVs are powered by lithium-ion batteries manufactured by Contemporary Amperex Technology.|
According to recent reports, the company is presently dedicated to scaling its business far beyond the APAC region. And their goal is to acquire a stronger hold in both the American and European markets, respectively.
|JOHNSON CONTROLS||The Johnson Control also hails among the leading market leaders in the field of lithium-ion battery manufacturing.|
Statistics show that they nearly produce 35% of lithium-ion batteries for the global EV market.
This just proves how much Johnson Controls has reigned over the EV global segment.
In addition – the company also produces lithium-ion batteries for all-class of automobiles. Right from commercial vehicles to passenger automobiles to recreational mobility equipment- they provide rechargeable lithium-ion technology for all!
|ECOBALT SOLUTIONS||ECOBALT SOLUTIONS is a Canada-based company that quickly occupied its spot among the top manufacturers of A-class lithium-ion technology. Their prime focus is towards the renewable energy sector. This renewable energy sector does offer lots of growth potential and investment prospects for lithium-ion recharging batteries, especially since the demand for the same seems to be surging immensely.|
|BYD||Last, but by no means the least, is BYD- a China-based manufacturing house that dedicates itself to producing large-scale lithium-ion battery technology and its relating products.|
Their lithium-ion technology production is oriented towards EVs and HEVs. As per recent reports- the BYD claimed several bids to provide EVs for the US market. And this was despite the existing trade war going on between China and the US!