21700 Lithium-Ion Battery Market to Reach USD 2.03 Billion Globally by 2026 at 10.17% CAGR | Technavio
NEW YORK, June 22, 2022 /PRNewswire/ -- The 21700 lithium-ion battery market size is set to grow by USD 2.03 billion from 2021 to 2026, progressing at a CAGR of 10.17% according to the latest market report by Technavio. The rise in battery recycling initiatives is one of the key 21700 lithium-ion battery market trends that is contributing to the market growth. For a battery recycling technique to be viable, it must have economic as well as environmental value. The emerging concept of direct recycling is likely to be beneficial. Direct recycling involves the recovery of cathode materials as reusable cathode mixtures instead of individual metals, thus minimizing the waste produced during recycling in principle. However, direct recycling targets are specific to cathodes and thus require specialized processes for different cathodes. Furthermore, the recovery efficiency depends on battery health. Therefore, it may not be advantageous if the charge is too low. Thus, initiatives for the recycling of batteries are likely to propel the growth of the global 21700 lithium-ion battery market during the forecast period.
For more highlights on the market trends - Request a sample report.
21700 Lithium-Ion Battery Market 2022-2026: Scope
Our 21700 lithium-ion battery market report covers the following areas:
21700 Lithium-Ion Battery Market 2022-2026: Vendor Analysis
The 21700 lithium-ion battery market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market. AA Portable Power Corp., EVE Energy Co. Ltd., Far East Holding Group Co. Ltd., GODI India Pvt. Ltd., Guangdong CVATOP New Energy Technology Co. Ltd., Guangzhou Great Power Energy and Technology Co. Ltd., Jiangsu Tianpeng Power Supply Co. Ltd., LG Chem Ltd., Murata Manufacturing Co. Ltd., Panasonic Corp., Samsung SDI Co. Ltd., Shenzen ACE Battery Co. Ltd., Shenzen Fest Technology Co. Ltd., Shenzhen A&S Power Technology Co. Ltd., Shenzhen BAK Power Battery Co. Ltd., Shenzhen XTAR Electronics Co. Ltd., Sony Group Corp., Taiwan Cement Ltd., Tesla Inc., and Tianjin Lishen Battery Joint-Stock Co. Ltd. are some of the major market participants.
21700 Lithium-Ion Battery Market 2022-2026: Market Dynamics
21700 Lithium-Ion Battery Market 2022-2026: Segmentation Analysis
To know about the market contribution of each segment - Grab a sample report now!
Get ready to achieve excellent business outcomes from this exclusive 21700 Lithium-Ion Battery Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -
The competitive scenario provided in the 21700 Lithium-Ion Battery Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our 21700 Lithium-Ion Battery Market Forecast Report - Buy Now!
Table Of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View original content to download multimedia:https://www.prnewswire.com/news-releases/21700-lithium-ion-battery-market-to-reach-usd-2-03-billion-globally-by-2026-at-10-17-cagr--technavio-301572226.html