Lithium: More Than Just a Battery, 2024 Industry Report
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Industry Analysis
The lithium battery market is highly competitive with established players like Panasonic, LG Chem, CATL, BYD, and Samsung SDI vying for market share. Additionally, numerous startups are developing innovative battery technologies, fostering a dynamic and competitive environment.
Emerging Trends
The global lithium market is poised for substantial growth and transformation by 2024, driven primarily by the burgeoning demand for lithium-ion batteries across various industries, particularly in electric vehicles (EVs) and energy storage systems.
CrispIdea Outlook
The global lithium-ion battery market was valued at $40.5bn in 2020. It is projected that the market will grow at a CAGR of 14.6%, reaching $91.8bn in 2026. CrispIdea expects the growth rate to be ~15.90% in 2024 and it is expected to reach 20.20% in 2026.
Table of Content
Executive Summary
• Lithium Market Overview
• Funding
• Lithium Reserves and Production
• Lithium Demand Analysis
• Price Trends and Market Factors
• Key Challenges and Opportunities
• CrispIdea Outlook
• Nvidia
• Microsoft
• Google
Disclaimer
This report was produced by a member company of the Crispidea. This report is for the use of intended recipients only and may not be reproduced (in whole or in part) or delivered or transmitted to any other person without our prior written consent. By accepting this report, the recipient agrees to be bound by the terms and limitations set out herein.
