Li-Ion Battery for Power Tool Market Analysis, Challenges, Growth and Forecast By 2027
The global Li-Ion Battery for Power Tool market was valued at 1815.04 Million USD in 2021 and will grow with a CAGR of 3.42% from 2021 to 2027, based on Market Report Hub (MRH) newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
After the development of lithium-ion cells in the 2000s, lithium-ion batteries have been recently used in the most cases. Lithium-ion cells has two times more energy density than nickel-cadmium cells so it can make them smaller, and they have longer lifetime which gives them stable performance despite frequent charging and discharging. Installed with lithium-ion battery, wireless power tools become more available and are actually being used more and more.The top 3 companies had a combined market share of nearly 75% of the global total in 2018, and this trend is expected to continue during the forecast period.
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By Market Vendors:
Samsung SDI
LG Chem
Murata
TenPower
Panasonic
Tianjin Lishen Battery
BYD
Johnson Matthey Battery Systems
Toshiba
ALT
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By Types:
Capacity (mAh) 1300
Capacity (mAh) 1500
Capacity (mAh) 2000
Capacity (mAh) 2500
By Applications:
Cordless Drills/Drivers
Cordless Saws
Cordless Grinders
Cordless Rotary Hammers
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
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Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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