South Korea Rechargable Poly Lithium Ion Batteries Market Size & Outlook
South Korea rechargable poly lithium ion batteries market, 2016-2027 (US$B)
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South Korea rechargable poly lithium ion batteries market highlights
- The South Korea rechargable poly lithium ion batteries market generated a revenue of USD 3.9 billion in 2018 and is expected to reach USD 6.4 billion by 2027.
- The South Korea market is expected to grow at a CAGR of 5.5% from 2019 to 2027.
- In terms of segment, electric vehicles was the largest revenue generating application in 2018.
- Power is the most lucrative application segment registering the fastest growth during the forecast period.
Rechargable poly lithium ion batteries market data book summary
| Market revenue in 2018 | USD 3.9 billion |
| Market revenue in 2027 | USD 6.4 billion |
| Growth rate | 5.5% (CAGR from 2018 to 2027) |
| Largest segment | Electric vehicles |
| Fastest growing segment | Power |
| Historical data | 2016 - 2017 |
| Base year | 2018 |
| Forecast period | 2019 - 2027 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Electric Vehicles, Consumer Electronics, Power, Industrial |
| Key market players worldwide | Sony Group Corp, Nikon Corp, FUJIFILM Holdings Corp, Olympus Corp, Motorola Solutions Inc, 3M Co, Koninklijke Philips NV, Eastman Kodak Co, Maxell Ltd, Nippon Chemical Industrial, Yok Energy, Shenzhen Honcell Energy, LiPol Battery Co. |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.8% of the global rechargable poly lithium ion batteries market in 2018.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China rechargable poly lithium ion batteries market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 9.0 billion by 2027.
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Rechargable Poly Lithium Ion Batteries Market Scope
Rechargable Poly Lithium Ion Batteries Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea rechargable poly lithium ion batteries market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rechargable poly lithium ion batteries market will help companies and investors design strategic landscapes.
Electric vehicles was the largest segment with a revenue share of 33.33% in 2018. Horizon Databook has segmented the South Korea rechargable poly lithium ion batteries market based on electric vehicles, consumer electronics, power, industrial covering the revenue growth of each sub-segment from 2016 to 2027.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea rechargable poly lithium ion batteries market , including forecasts for subscribers. This country databook contains high-level insights into South Korea rechargable poly lithium ion batteries market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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South Korea rechargable poly lithium ion batteries market size, by application, 2016-2027 (US$B)
South Korea Rechargable Poly Lithium Ion Batteries Market Outlook Share, 2018 & 2027 (US$B)
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