March 21, 2012 04:08 ET

Market Research Forecasts the Lithium Ion Batteries Market at $43 Billion by 2020

ROCKVILLE, MD--(Marketwire - Mar 21, 2012) - has announced the addition of the new report "Lithium Ion Batteries Outlook and Alternative Energy Vehicles (Hevs, Phevs, Evs)-Technologies, Markets, Competitors And Opportunities: 2010-2020 Analysis And Forecasts" to their collection of Energy market reports. For more information, visit

Lithium ion batteries were first proposed in the 1970's and commercially developed in the 1990's. Since then, the market for lithium ion batteries has grown to $11 billion (2010) and is expected to reach $43 billion by 2020.

Up to now, the lithium ion battery market has been predominantly consumer (90% as of today) but new, diversified applications including xEV (Electric Vehicles/Plug-In Hybrid Electric Vehicles/Hybrid Electric Vehicles) are expected to provide the new growth engines.

As a result, the lithium ion market landscape will undergo a profound change, bringing huge increases in demand, profits in the billions of US dollars and competitive upheaval.

This report provides a detailed look at the global lithium ion battery market in all its aspects, including:

  • The total addressable market and growth rates for xEV applications between 2010 and 2020.
  • Electric Vehicles/Plug-In Hybrid Electric Vehicles/Hybrid Electric Vehicles demand trends.
  • Major opportunities.
  • Battery technology trends.
  • Battery materials technology trends.
  • Battery technology, political and standards risks.
  • Challenges ahead.
  • Price trends.
  • Cost trends.
  • The competitive landscape.
  • Japanese, Korean and Chinese rivalry.
  • Producer market shares.
  • Partnerships and joint ventures.

For more information, visit

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