The proportion of nickel in the electrode material of the high nickel ternary battery is higher. The proportion of nickel, cobalt and manganese in the high nickel 811 battery, which is the positive electrode material, has become 80%, 10% and 10%, which not only reduces the cobalt content. The ratio makes the cost controllable, guarantees the energy density of the battery to a certain extent, and greatly improves the battery's cruising range and the battery's cycle life and safety. In terms of performance, the higher the nickel content, the more room for the energy density of the power battery to increase. By increasing the proportion of nickel, not only can the energy density of the battery be increased, but also the use of cobalt can be reduced, which to a certain extent alleviates the cost pressure caused by the increase in material prices.
This report aims to provide a comprehensive presentation of the global market for High Nickel Ternary Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding High Nickel Ternary Battery. This report contains market size and forecasts of High Nickel Ternary Battery in global, including the following market information:
- Global High Nickel Ternary Battery Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global High Nickel Ternary Battery Market Sales, 2018-2023, 2024-2032, (GWh)
- Global top five High Nickel Ternary Battery companies in 2022 (%)
The global High Nickel Ternary Battery market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
NCM Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of High Nickel Ternary Battery include Panasonic, LG, SK Innovation, Samsung SDI, CATL, Lishen Battery, BAK Power, Guangzhou Great Power and Gotion High-tech, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the High Nickel Ternary Battery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global High Nickel Ternary Battery Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (GWh)
Global High Nickel Ternary Battery Market Segment Percentages, by Type, 2022 (%)
Global High Nickel Ternary Battery Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (GWh)
Global High Nickel Ternary Battery Market Segment Percentages, by Application, 2022 (%)
Global High Nickel Ternary Battery Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (GWh)
Global High Nickel Ternary Battery Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies High Nickel Ternary Battery revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies High Nickel Ternary Battery revenues share in global market, 2022 (%)
- Key companies High Nickel Ternary Battery sales in global market, 2018-2023 (Estimated), (GWh)
- Key companies High Nickel Ternary Battery sales share in global market, 2022 (%)
key players include:
- Panasonic
- LG
- SK Innovation
- Samsung SDI
- CATL
- Lishen Battery
- BAK Power
- Guangzhou Great Power
- Gotion High-tech
- Jiangsu Tenpower Lithium
Outline of Major Chapters:
Chapter 1: Introduces the definition of High Nickel Ternary Battery, market overview.
Chapter 2: Global High Nickel Ternary Battery market size in revenue and volume.
Chapter 3: Detailed analysis of High Nickel Ternary Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of High Nickel Ternary Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global High Nickel Ternary Battery capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
