Who are the key players in the Asia-Pacific lithium-ion battery market?
The Asia-Pacific lithium-ion battery market is fragmented. Some of the key players in this market are Contemporary Amperex Technology Co. Limited, BYD Co. Ltd, Samsung SDI Co. Ltd, Panasonic Corporation, and EnerSys, among others.
Which country will dominate the Asia-Pacific lithium-ion battery market?
China is likely to be the dominant player in the Asia-Pacific lithium-ion battery market, supported by increasing urbanization, consumer spending, and electric vehicle (EV) market growth. This section covers the major market trends shaping the APAC Lithium-ion Battery Market according to our research experts:
How many Chinese battery companies have built factories in Southeast Asia?
Nearly 10 battery companies built factories in Southeast Asia At present, Chinese domestic power battery companies accelerate the formation of groups to go abroad, with core competitiveness of high-end products to overseas markets, accelerate the pace of "going out" to fill the international capacity gap.
Which lithium battery enterprises are preparing to invest in Southeast Asia?
In addition to CATL, at present, domestic lithium battery enterprises including Guoxuan High-tech, EVE Lithium Energy, Sunwoda, Rupu Lanjun, Tianneng , AZURE, GEM, Huayou Cobalt, Zhongwei (CNGR) and other battery and raw material enterprises have or are preparing to invest and cooperate in Southeast Asia.
What is the growth rate of the Asia-Pacific lithium-ion battery market?
The Asia-Pacific lithium-ion battery market is expected to register a CAGR of approximately 15.5% during the forecast period.
Where are China's power battery factories located?
According to incomplete statistics, up to now, China's power battery companies have built, under construction and planned to build overseas factories with a cumulative capacity of more than 300GWh, of which Southeast Asia, South Asia and other places have also become key markets of concern
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