The UK Lithium-Ion Battery

The UK Lithium-Ion Battery Market Research Report: Forecast (2021-2026)

By Type (Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Iron Phosphate, Lithium Nickel Cobalt Aluminum Oxide, Lithium Titanate Oxide, Lithium Nickel Manganese Cobalt), By Application (Consumer Read more

  • Energy
  • Feb 2021
  • 92
  • EN44023

Market Definition

A Lithium-Ion (Li-Ion) battery is a kind of rechargeable battery in which lithium-ions travel from negatively charged to positively charged electrodes through the electrolyte and back when charging. The increasing inclination toward electrifying & decarbonizing the transportation sector of the UK and the mounting need to address rapid climate changes & build a clean-energy economy are driving the demand for lithium-ion batteries in the country.

Market insights

The UK Lithium-Ion Battery Market is anticipated to grow at around 15% CAGR during the forecast period, i.e., 2021-26The growth of the market is driven principally due to the various government initiatives toward electrification of the transportation sector to curb carbon emissions. The automotive industry is the primary end-user of Lithium-Ion batteries in the United Kingdom. Besides, the mounting demand for Plug-in Hybrid Electric Vehicles (PHEVs) and the surging number of EV charging points is another crucial aspect projected to boost the market during 2021-26.

Furthermore, the mounting penetration of electronic devices, including laptops, tablets, smartphones, etc., is another crucial factor propelling the market growth. Moreover, due to benefits like the ability to support high current applications and the long life span, numerous end-users are adopting lithium-ion batteries, which, in turn, is contributing to the overall market growth.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 15%
Key Companies Profiled Murata Electronics, Samsung SDI Co. Ltd., Panasonic Industry Europe GmbH, Envision AESC Group Ltd., BYD Co. Ltd., Exide Technologies, GS Yuasa Battery Europe Ltd., Johnson Matthey Battery Systems, LG Chem Europe GmbH, Saft Groupe S.A., etc.
Unit Denominations USD Million/Billion

 

Impact of Covid-19 on the UK Lithium-Ion Battery Market

  • In 2020, the Covid-19 pandemic adversely impacted various industries of most countries.
  • However, the UK Lithium-Ion Market was reasonably affected, mainly due to the imposition of lockdown & movement restrictions.
  • Quarantines & stay-at-home orders resulted in the closure of manufacturing units, which, in turn, impacted the automobile production facilities and led to supply chain disruptions.
  • Further, the economic uncertainty and mass layoffs limited consumer spending only on essentials, which resulted in the declining demand for electronic devices like mobile phones and tablets.
  • These factors catastrophically threatened the UK Lithium-Ion Battery Industry amidst the crisis.
  • However, since lithium-ion batteries are used widely in many medical devices like ventilators that have been critical since the pandemic, the Li-ion market in the UK witnessed a steady hike.
  • Moreover, with the relaxation of lockdown restrictions, the production & sales of automobiles & consumer electronics have quickly rebounded.
  • As a result, based on these factors, the market is expecting significant expansion in the coming years.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on The UK Lithium-Ion Battery Market
  5. The United Kingdom Lithium-Ion Battery Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
      2. Unit Sold
    2. Market Share & Analysis
      1. By Type
        1. Lithium Cobalt Oxide
        2. Lithium Manganese Oxide
        3. Lithium Iron Phosphate
        4. Lithium Nickel Cobalt Aluminum Oxide
        5. Lithium Titanate Oxide
        6. Lithium Nickel Manganese Cobalt
      2. By Application
        1. Consumer Electronics
        2. Industrial
        3. Automotive
      3. By Voltage
        1. Low (upto 12V)
        2. Medium (13V to 35V)
        3. High (More Than 35V)
      4. By Power Capacity
        1. Less Than 3,000 mAh
        2. 3,000 to 10,000 mAh
        3. 10,000 to 50,000 mAh
        4. 50,000 mAh & Above
      5. By Region
        1. England
        2. Scotland
        3. Wales
        4. Northern Ireland
      6. By Company
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Metrix
  6. The United Kingdom Consumer Electronics Lithium-Ion Battery Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
      2. Unit Sold
    2. Market Share & Analysis
      1. By Type
        1. Smartphones
        2. Laptops
        3. UPS
        4. Others (Gardening Tools, Games, etc.)
      2. By Voltage
      3. By Power Capacity
      4. By Region
  7. The United Kingdom Industrial Lithium-Ion Battery Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
      2. Unit Sold
    2. Market Share & Analysis
      1. By Type
        1. Commercial Aircraft
        2. Mining Equipment
        3. Commercial Ships
        4. Construction Equipment
        5. Energy Storage
        6. Others (Automated Mobile Robots, etc.)
      2. By Voltage
      3. By Power Capacity
      4. By Region
  8. The United Kingdom Automotive Lithium-Ion Battery Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
      2. Unit Sold
    2. Market Share & Analysis
      1. By Type
        1. Battery Electric Vehicles
        2. Plug-In Hybrid Electric Vehicles
      2. By Voltage
      3. By Power Capacity
      4. By Region
  9. The United Kingdom Lithium-Ion Battery Market Trends & Developments
  10. The United Kingdom Lithium-Ion Battery Value Chain Analysis
  11. The United Kingdom Lithium-Ion Battery Regulations and Policies
  12. The United Kingdom Lithium-Ion Battery Market Dynamics
    1. Impact Analysis
    2. Drivers
    3. Challenges
  13. Key Strategic Imperatives for Success and Growth
  14. The United Kingdom Lithium-Ion Battery Market Hotspots & Opportunities
  15. Competitive Benchmarking
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. Murata Electronics
      2. Samsung SDI Co. Ltd.
      3. Panasonic Industry Europe GmbH
      4. Envision AESC Group Ltd.
      5. BYD Co. Ltd.
      6. Exide Technologies
      7. GS Yuasa Battery Europe Ltd
      8. Johnson Matthey Battery Systems
      9. LG Chem Europe GmbH
      10. Saft Groupe S.A.
  16. Disclaimer
The UK Lithium Ion Battery Market Segmentation
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