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India Lithium Ion Cell and Battery Market Outlook to 2023

By Type of Battery (LFP, NMC, LCO, MCA and Others), By Application (Consumer Appliances, Telecom Towers and Services, Industrial Application, Automotive and Others) and By Power Capacity

Region:Asia

Product Code:KR730

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Published On

December 2018

Total pages

133

About the Report

The report titled "India Lithium Ion Cell and Battery Market Outlook to 2023 - by Type of Battery (LFP, NMC, LCO, MCA and Others), By Application (Consumer Appliances, Telecom Towers and Services, Industrial Application, Automotive and Others) and By Power Capacity" provides a comprehensive analysis of the Lithium Ion Cell and Battery market in India. The report focuses on the Type of Battery, Area of Application and Power capacity of the batteries. The report also covers Investment Model, SWOT Analysis, Trends and Development, Issues and Challenges, Competition Scenario, Decision making process and the Future outlook of the Lithium Ion Cell and Battery Market.

India Lithium Ion Cell and Battery Market
 

Market Overview

The lithium ion battery market in India gained popularity in the year FY’ 2014 due to sharp rise in demand from the telecom providers in the country, while consumer appliances have been largely dependent on these batteries. The main boom in the market came from increased use by the telecom sector for telecom grids in the country. Reliance Jio telecommunications have been amongst the first few to use lithium ion batteries in their telecom grids and being characterized as green towers in the country.
Market Stage: The import driven India Lithium Ion Cell and Battery Market is at its nascent stage. The companies have just started making footprints in India, and are showing great future potential. Currently, the market is categorized as an assembling market where lithium ion cells are imported and lithium ion batteries are assembled through software and hardware BMS.
 

Market Segmentation

By Type of Battery: The Lithium Iron Phosphate is the leading segment. It is used in telecom, laptops, digital cameras and wearable products. It offers long cycle life and has a good safe record but exhibits higher self-discharge.
The Lithium Nickel Manganese Cobalt (Li-NMC) contributes a fair share to the industry. It is used for power tools, medical instruments, electric power trains, electric vehicles and other industrial applications. It is capable of high charge and discharge currents but has low specific energy and modest service life.
Lithium Cobalt Oxide (LCO) batteries are mainly used in cell phones, laptops, digital cameras and wearable products. Most companies producing portable electronics prefer using LCO based cells. Lithium Cobalt Oxide batteries has high specific energy with moderate load capabilities and modest service life.
Lithium Nickel Cobalt Aluminum Oxide (NCA) batteries contribute the least. It is used in medical devices, industrial applications, electric power trains and others. Currently, the lithium ion batteries based on NCA are not so widely used in India, but are gaining significant popularity and expected to gain a considerable market share in the future.

By Area of Application: Laptops and tablets, mobile phones, power banks, drone, small household use power tools and UPS (consumer electronics) are the major segments using li-ion batteries in India. The demand for lithium ion batteries in India majorly comes from the push from telecom sector to power telecom towers and other services in the country. The lithium-ion batteries have more than double the life of traditional lead-acid batteries and are helping providers cut costs to store each unit of electricity. Application Li-ion batteries are now being used instead of conventional batteries in larger industrial application including UPS and energy storage systems. The shift to lithium ion batteries is due to the technological capabilities and also because of their customizable property where in the number of cells in the battery can be adjusted based on the energy requirement. Automotive sector is the sector with the highest potential to grow and outweigh all other sectors in terms of lithium ion battery usage, though currently has the lowest share. The increased initiatives taken up by the government and growing public awareness about pollution, electric vehicle segment is expected to pick up pace in the future.
 

Competitive Landscape

Competition in the Lithium Ion market is intense with increasing imports from China, and assembling of cells into packs in India. While some firms are only trading in battery packs and cells imported from abroad, others have been creating battery modules from cells they import to be sold in the domestic market. Companies compete on the basis of configuration of battery packs, their durability, quality, recharge cycle and application. The big players in the industry target the end users directly usually avoiding mediators such as such dealers, while other small businesses and pack assembly units deal with distributors and dealers.
 

Future Outlook

India Lithium Ion Cell and Battery Market are expected to grow in the future at a CAGR of 36.3% driven by increased use of lithium ion battery in electric vehicles, rise in public awareness to reduce carbon emissions, government plans and actions to bring in sale of all electric vehicles by 2030. Development of lithium ion batteries for both implantable and non implantable medical devices will drive the future supply. Devices such as ventilators, infusion pumps, dialysis systems and anesthesia machines will be the major users of lithium ion battery backups.
 

Key Topics Covered in the Report

  • Executive Summary
  • Research Methodology
  • Ecosystem in India Lithium Ion Cell and Battery Market – Supply Side
  • Ecosystem in India Lithium Ion Cell and Battery Market – Demand Side
  • Global Lithium Ion Cell and Battery Market
  • India Battery Market Overview
  • India Lithium Ion Cell and Battery Market
  • Value Chain Analysis for Lithium Ion Battery Market in India
  • India Lithium Ion Cell and Battery Market Size, FY’2014-FY’2018
  • India Lithium Ion Cell and Battery Market Segmentation, FY’2014-FY’2018
  • Investment Model in India Lithium Ion Cell and Battery Market
  • Trade Scenario in India Lithium Ion Cell and Battery Market
  • SWOT Analysis of India Lithium Ion Cell and Battery Market
  • Trends and Developments in India Lithium Ion Cell and Battery Market
  • SWOT Analysis of India Lithium Ion Cell and Battery Market
  • Issues and Challenges in India Lithium Ion Cell and Battery Market
  • Regulatory Framework for India Lithium Ion Cell and Battery Market
  • Decision Making Parameters for Buyer of Lithium Ion Batteries in India
  • Competitive Landscape for India Lithium Ion Cell and Battery Market
  • Company Profiles of Major Companies
  • Lithium Ion Battery Importer Profile
  • India Lithium Ion Cell and Battery Market Future Outlook and Projections, FY’2019 – FY’2023
  • Analyst Recommendations

Products

Key Target Audience

  • Distributors of Batteries
  • Telecom Companies
  • Manufacturers of Electric Vehicles
  • Importers of Batteries
  • Governmental Departments
 

Time Period Captured in the Report:

  • Historical Period - FY’2014 - FY’2018
  • Forecast Period - FY’2019 - FY’2023

Companies

Key Segments Covered

Market Segmentation

  • Type of Battery (LFP, NMC, LCO, NCA and Others)
  • Area of Application (Consumer, Telecom Services,
  • Industrial Application, Automotive and Others)
  • Power Capacity (0-3,000mAh, 3,000-10,000mAh, 10,000-60,000mAh, 60,000 mAh and above)

Companies Covered:

  • Exicom Power Solutions
  • Coslight India Telecom Private Limited
  • Future Hi Tech Batteries
  • Panasonic India Private Limited
  • Delta Power Solutions India Private Limited
  • ACME Cleantech Solutions Limited

Table of Contents

1. Executive Summary

India Battery Market Overview
India Lithium Ion Cell and Battery Market Overview And Market Size
India Lithium Ion Cell and Battery MarketSEgementation
Competitive Landscape of Major Players in India Lithium Ion Cell and Battery Market
India Lithium Ion Cell and Battery Market Future Outlook

2. Research Methodology

2.1. Market Definitions
2.2. Abbreviations
2.3. Market Sizing and Modeling

Research Methodology
Limitations
Variables (Dependent And Independent)
Multi Factor Based Sensitivity Model
Final Conclusion

3. Ecosystem In India Lithium Ion Cell and Battery Market- Supply Side

4. Ecosystem In India Lithium Ion Cell and Battery Market- Demand Side

5. Global Lithium Ion Cell and Battery Landscape

6. India Battery Market Overview

7. India Lithium Ion Cell and Battery Market

7.1. India Lithium Ion Cell and Battery Market Overview

8. Value Chain Analysis for Lithium Ion Battery Market in India

8.1. Assembly Process of Lithium Ion Battery Packs

9. India Lithium Ion Cell and Battery Market Size, FY’2014 – FY’2018

9.1. By Revenue, FY’ 2014 - FY’ 2018

10. India Lithium Ion Cell and Battery Market Segmentation, FY’ 2018

10.1. By Type of Battery (LFP, NMC, LCO, NCA and Others), FY’ 2018
10.2. By Area of Application (Consumer Appliances, Telecom Towers and Services, Industrial Application, Automotive and Others), FY’ 2018

Consumer Appliances Application, FY’ 2018
Automotive Application, FY’ 2018
Industrial Application, FY’ 2018
Other Applications (Medical Devices, Aerospace and Defense Sector and Marine Sector), FY’ 2018

10.3. By Power Capacity (0-3,000 mAh, 3,000-10,000 mAh, 10,000-60,000 mAh, 60,000 and above mAh), FY’ 2018

11. Investment Model in India Lithium Ion Cell and Battery Market

Certification Requirements
Location Prefernce
Assumptions
Plant Size
Cost Split
Fixed Cost
Machinery Cost
Raw Material Cost
Manpower
Total Recurring Expenditure
Working Capital Requirement
Total Capital investment
Funding Analysis
Cost of Production Per Annum
Turn Over Per Annum
Profitability Analysis

12. Trade Scenario in India Lithium Ion Cell and Battery Market

By Exports, FY’2014 – FY’2018
By Imports, FY’2013 – FY’2018
Import Duty

13. SWOT Analysis of India Lithium Ion Cell and Battery Market

14. Trends and Developments in India Lithium Ion Cell and Battery Market

Emerging Joint Ventures in The country
Increased initiatives by the governemnt
Goods and Service Tax Reduced on Lithium Ion Batteries
Transfer of Li-Ion Cell Technology By Isro
Steady Progress of India’s Electronic Vehicle Market
Growth of Energy Storage Systems
Growing Demand For Consumer Electronics Operating on Li-ion Batteries
Growth In End User Industry

15. Issues and Challenges in India Lithium Ion Cell and Battery Market

Lithium Ion Ore Resource Scarcity
Lack of Battery Charging Infrastructure
Environmental Concerns
Increasing Imports of Lithium Ion Cells are resulting in Increased trade deficits
Hike In Custom Duties

16. Regulatory Framework for Lithium Ion Battery Market in India

Setting Up A Plant
Bureau of Indian Standards
Small Scale Industries (SSI) Registration
Import-Export Regulations
Applications and Usage

17. Decision Making Parameters for Buyer of Lithium Ion Batteries in India

18. Competitive Landscape of India Lithium Ion Cell and Battery Market

Market share of players Supplying lithium ion batteries to automotive industry, FY’2018
Market share of players Supplying lithium ion batteries to Telecom Sector for Telecom grids and services, FY’2018
Market share of players Supplying lithium ion batteries For Consumer Appliances

19. Company Profiles of Major Players in India Lithium Ion Cell and Battery Market

19.1. Exicom Power Solutions
19.2. Coslight India Telecom Pvt. Ltd
19.3. Future Hi-Tech Batteries
19.4. Panasonic India Private Limited
19.5. Delta Power Solutions India Private Limited
19.6. ACME Cleantech Solutions Limited

20. Lithium Ion Battery Importer Profile

21. India Lithium Ion Cell and Battery Market Future Outlook and Projections, FY’2019 – FY’2023

21.1. India Lithium Ion Battery Market Size, FY’2019 – FY’2023
21.2. By Application (Automotive Application, Industrial Application, Consumer Appliances, Telecom Towers, and Others), FY’2023

Consumer Appliances Application
Automotive Application
Industrial Application
Future Developments

22. Analyst Recommendations

Disclaimer

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