Cylindrical lithium-ion battery market to grow by USD 9.81 billion | Auto industry transition to electric vehicles will drive growth

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NEW YORK, October 15, 2021 / PRNewswire / – The cylindrical lithium-ion battery market is expected to grow by $ 9.81 billion between 2021 and 2025, growing at a CAGR of 6.79% during the forecast period, according to Technavio.

To know the exact growth variance and the growth rate YOY, Read our FREE sample report.

The shift from the automotive industry to electric vehicles, the increased demand for power banks and charging systems, and the increase in the use of electronic cigarettes will provide immense opportunities for growth. However, safety concerns in Li-ion batteries, competition from other substitute batteries, and disparities between supply and demand for lithium will challenge the growth of the market. cylindrical lithium-ion battery market participants.

Cylindrical Lithium Ion Battery Market 2021-2025: Segmentation

  • Application
    • Automotive
    • Industrial
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

Download the sample PDF report here and get additional insight into the growth of each segment.

Cylindrical Lithium Ion Battery Market 2021-2025: Scope

Technavio presents a detailed picture of the market through the study, synthesis and summation of data from multiple sources. Our report covers the following areas:

Cylindrical Lithium Ion Battery Market 2021-2025: Vendor Analysis

We provide a detailed analysis of about 25 vendors operating in the Cylindrical Lithium Ion Battery market including some of the vendors such as vendors. Backed by competitive intelligence and benchmarking, our Cylindrical Lithium Ion Battery market research reports are designed to provide entry assistance, customer profile and M&A as well as support for go-to-market strategy. To make the most of opportunities, market sellers should focus more on growth prospects in fast growing segments, while maintaining their positions in slow growing segments.

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Cylindrical Lithium Ion Battery Market 2021-2025: Highlights

  • Market CAGR during the forecast period 2021-2025
  • Detailed information on the factors that will contribute to the growth of the Cylindrical Lithium-Ion Battery Market over the next five years
  • Estimated Cylindrical Lithium-Ion Battery Market Size and Its Contribution to Parent Market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the cylindrical lithium-ion battery market
  • Market competitive landscape analysis and detailed supplier information
  • Complete details on the factors that will challenge the growth of Cylindrical Lithium Ion Battery Market vendors

Associated reports:

Lithium Ion Battery Market by Application and Geography – Forecast and Analysis 2021-2025

Lithium Iron Phosphate Battery Market by Application and Geography – Forecast and Analysis 2021-2025

Scope of the Cylindrical Lithium Ion Battery Market

Cover of the report


Page number


Year of reference


Forecast period


Growth dynamics and CAGR

Accelerate to a 6.79% CAGR

Market growth 2021-2025

$ 9.81 billion

Market structure


Annual growth (%)


Regional analysis

APAC, North America, Europe, South America and MEA

Efficient contribution to the market

APAC at 59%

Main consumer countries

China, United States, Japan, South Korea (Republic of Korea) and Germany

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

DLG (Shanghai) Electronic Technology Co. Ltd., Hitachi Ltd., LG Chem Ltd., Murata Manufacturing Co. Ltd., OptimumNano Energy Co. Ltd., Padre Electronics Co. Ltd., Panasonic Corp., PowerTech Systems, Samsung SDI Co. Ltd. and Shenzhen Cham Battery Technology Co. Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period


If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.


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