Top 6 Vendors in the Global Lithium-ion Battery Market – Technavio

By , in PR PR Sci/Tech on .

LONDON–()–Technavio has announced the top six leading vendors in their recent global lithium-ion battery market report from 2017-2021. This market research report also lists 20 other prominent vendors that are expected to impact the market during the forecast period.

Competitive vendor landscape

The global lithium-ion battery market is expected to reach USD 81.65 billion by 2021, growing at a CAGR of over 11%. The market is not yet developed and is still in its initial stage. There are several vendors present worldwide. Many small-scale and medium-scale enterprises and larger players compete in the market. Competition is expected to intensify due to the introduction of new technologies and higher investments in the market. However, in developing countries, local or regional vendors dominate the market. With the rise in the need for energy-efficient technology, the market is expected to grow. Innovations and enhancement of technology will be the criteria among vendors to meet the demand in the market.

According to Thanikachalam Chandrasekaran, a lead analyst at Technavio for energy storage, “Companies are adopting inorganic growth solutions like M&A and forming partnerships with effective product launches. Acquisitions and joint ventures are some of the strategies that the vendors are pushing aggressively to gain market share and gain a competitive edge.”

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Technavio market research analysts identify the following key vendors:

A123 Systems

The company manufactures and supplies nano phosphate lithium-ion (lithium iron phosphate) batteries and energy storage systems. It offers lithium-ion battery products, including cells, energy modules, lead-acid replacement batteries, power modules, and systems. The company offers its products in three segments: Cells, Modules, and Systems. A123 Systems offers two types of high-performance lithium iron phosphate battery (LiFePO4) technologies. These technologies help to deliver high power and energy density to enhance cycle life and provide a compact package.

Automotive Energy Supply

Automotive Energy Supply also was known as AESC. Automotive Energy Supply is a manufacturer of lithium-ion batteries for EVs established 2007 as a joint venture between Nissan, NEC, and NEC Tokin. The company is into research, development, manufacture, and sale of high-performance lithium-ion batteries for automotive applications.

LG Chem

LG Chem specializes in providing rechargeable batteries to various industries. The company manufactures petrochemical goods, information and electronic materials, batteries, and related products and solutions. The company also offers battery solutions for products such as laptops, power tools, smartphones, e-bikes, garden tools, power banks, digital cameras, and others. The automotive battery division offers batteries for HEVs, PHEVs, and EVs.


Panasonic manufactures and distributes electronic and electrical products in Japan and worldwide. It provides various business solutions such as communication solutions, security systems, professional AV systems, terminal solutions, document and imaging solutions, IT solutions, and recording media. It has a strong presence in North America, Latin America, EMEA, China, and Oceania.


SAMSUNG SDI manufactures and sells digital display products worldwide. It also offers rechargeable lithium-ion and lithium polymer batteries. It operates as a subsidiary of the Samsung Group. The company's product portfolio includes batteries, solar energy panels, electric car batteries, energy storage systems, and plasma display panels. Some of the subsidiaries of the company are SAMSUNG SDI America, SAMSUNG SDI Germany, SAMSUNG SDI-Europe, and SAMSUNG SDI Malaysia. SAMSUNG SDI is one the major players in the global batteries market. SAMSUNG SDI offers a wide range of battery solutions.


Toshiba is engaged in the R&D, manufacture, and sales of electronic and electrical products worldwide. Offers energy-related equipment and transportation, and security systems to the automation and telecommunication sectors. The company offers general logic ICs, NAND flash memories (storage devices used in smartphones, tablet PCs, data centers, and servers), optical semiconductors, power devices, organic liquid-crystal displays, hard disk drives, solid-state drives, large-scale integrated circuits for image information systems, and thin-film transistors. Toshiba has constantly improved its Lithium-ion battery technology, to compete in the market.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Browse Related Reports:

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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 10,000 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.

If you are interested in more information, please contact our media team at [email protected].

The following two tabs change content below.
Maria Burns

Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.
%d bloggers like this: