In May 2016, the Anteo Energy business development group undertook a successful and productive trip through Asia, meeting with some of the world’s largest manufacturers and component suppliers of lithium ion batteries.
It got me wondering who are the worlds largest; what is their market share; where are they located; and how will they maintain their market share?
The global lithium-ion batteries market is consolidated in nature, with the top three players accounting for a share of over 57% in 2025. Panasonic Corporation, Samsung SDI Co. Ltd., and LG Chem Power Inc. offer stiff competition to new entrants owing to the competitive advantage they possess in terms of the easy access to raw materials. Transparency Market Research predicts that the degree of rivalry in the lithium-ion battery market will remain high throughout the forecast period.
Competitive pricing, offering dedicated services, and developing innovative application-specific performance materials are some of the key strategies adopted by leading companies. Recognizing the potential lithium-ion batteries present in the automotive sector, Panasonic Corporation collaborated with Tesla Motors in 2014 to set up a new lithium-ion battery manufacturing company in North America
I wonder if we will see further updates in the next few months or will 'Happy Clapper' need a bit more distance?
ADO Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
