The new Eldorado for Li-ion batteries
In recent years, e-mobility has become the new Eldorado of the Li-ion batteries. This includes EV/HEV, electric buses, trucks, and bikes, e-mobility overtakes consumer electronics market segment to represent 72% of the total rechargeable Li-ion battery cell market’s value in 2022.
Yole Développement (Yole) has regarding this, announced a $59.1bn total market in 2022, thanks to a 20% CAGR from 2016 to 2022. The ‘More than Moore’ market research and strategy consulting company, Yole and its sister company KnowMade, both part of Yole Group of Companies release two technology, market and patent analyses focused on the Li-ion batteries industry.
Li-ion batteries have become the technology of choice for many applications: initially developed for consumer electronics, Li-ion batteries technology progressively penetrates the e-mobility market segment, with impressive promises. Yole and KnowMade invite you to discover this new Eldorado.
“The global demand for battery cells in GWh will rise by more than 400% between 2016 and 2022”, confirmed Dr Milan Rosina, Senior Analyst, Energy Conversion and Emerging Materials at Yole. “Large manufacturing facilities will be built in coming years to satisfy such huge demand for Li-ion batteries,” he added.
“It is a critical time to understand the global competitive environment of NMC lithium-ion batteries from a patent perspective”, commented Dr Fleur Thissandier, Patent Analyst at KnowMade. “Therefore in-depth patent analyses of key technologies and players can help anticipate changes, detect business opportunities, mitigate risks and make strategic decisions to strengthen one’s market position and maximize return on one’s IP portfolio.”
More than 3,300-patented inventions have been published worldwide up to March 2017 by more than 590 applicants.