Report overview
Also known as lithium manganese cobalt oxide or NMC batteries, lithium nickel manganese cobalt oxide batteries are made of several materials common in lithium-ion battery types. They include a cathode made of a combination of nickel, manganese and cobalt.
Like other lithium-ion battery varieties, NMC batteries can have either a high specific energy density or a high specific power. They cannot, however, have both properties. This battery type is most common in power tools and in powertrains for vehicles.
The cathode combination ratio is usually 60 percent nickel, 20 percent manganese and 20 percent cobalt. This means that the raw material cost is lower than it is for other lithium-ion battery options, as cobalt can be quite expensive. These batteries may come down in price further in the future, as some battery makers are planning to switch their battery chemistry to a higher percentage of nickel so that they can use less cobalt. This battery type is commonly preferred for electric vehicles due to its very low self-heating rate.
This report aims to provide a comprehensive presentation of the global market for Nickel Cobalt Manganese Oxide Lithium-ion 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 Nickel Cobalt Manganese Oxide Lithium-ion Battery. This report contains market size and forecasts of Nickel Cobalt Manganese Oxide Lithium-ion Battery in global, including the following market information:
Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Nickel Cobalt Manganese Oxide Lithium-ion Battery companies in 2022 (%)
The global Nickel Cobalt Manganese Oxide Lithium-ion 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.
Aqueous Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Nickel Cobalt Manganese Oxide Lithium-ion Battery include Panasonic, Samsung SDI, LG Chem, CATL, ATL, Murata, BYD, Tianjin Lishen Battery and BAK Power, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
we surveyed the Nickel Cobalt Manganese Oxide Lithium-ion 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 Nickel Cobalt Manganese Oxide Lithium-ion Battery Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Segment Percentages, by Type, 2022 (%)
Aqueous
Organic Liquid
Polymer
Ceramic
Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Market Segment Percentages, by Application, 2022 (%)
Power & Utilities
EV Automotive
Industrial
Commercial & Residential
Consumer Electronics
Medical
eVTOL
Others
Global Nickel Cobalt Manganese Oxide Lithium-ion Battery Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Nickel Cobalt Manganese Oxide Lithium-ion 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 Nickel Cobalt Manganese Oxide Lithium-ion Battery revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Nickel Cobalt Manganese Oxide Lithium-ion Battery revenues share in global market, 2022 (%)
Key companies Nickel Cobalt Manganese Oxide Lithium-ion Battery sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Nickel Cobalt Manganese Oxide Lithium-ion Battery sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Panasonic
Samsung SDI
LG Chem
CATL
ATL
Murata
BYD
Tianjin Lishen Battery
BAK Power
Toshiba
AESC
Saft
Outline of Major Chapters:
Chapter 1: Introduces the definition of Nickel Cobalt Manganese Oxide Lithium-ion Battery, market overview.
Chapter 2: Global Nickel Cobalt Manganese Oxide Lithium-ion Battery market size in revenue and volume.
Chapter 3: Detailed analysis of Nickel Cobalt Manganese Oxide Lithium-ion 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 Nickel Cobalt Manganese Oxide Lithium-ion 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 Nickel Cobalt Manganese Oxide Lithium-ion 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.
