Middle East and Africa Lithium Ion Battery Market - Industry Trends and Forecast to 2030

The Middle East and Africa lithium ion battery market is projected to register a CAGR of 12.8% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.

Market Segmentation

Middle East and Africa Lithium Ion Battery Market, By Type (Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Iron Phosphate (LFP), Lithium Nickel Manganese Cobalt Oxide (NMC), Lithium Nickel Cobalt Aluminum Oxide, and Lithium Titanate), Components (Cathode, Anode, Electrolyte, Separator, and Others), Capacity (O to 3000 MAH, 3000 to 10000 MAH, 10000 to 60000 MAH, and 60000 MAH & Above), Voltage (Low (Below 12V), Medium (12V-36V), and High (Above 36V), Product (Cells, Energy Storage System (ESS), Module, Pack, and Others), End Use (Consumer Electronics, Automotive, Industrial, Power, Construction, Telecom, Aerospace and Defence, Marine, Medical, and Others), Country (South Africa, Egypt, Saudi Arabia, UAE, Israel, and Rest of Middle East and Africa) Industry Trends and Forecast to 2030

Some of the major factors contributing to the growth of the Middle East and Africa lithium ion battery market are:

• Increasing demand for smartphones and consumer electronics
• Huge demand for automotive across the region

Market Players
Some of the major market players operating in the Middle East and Africa lithium ion battery market are:
• Amperex Technology Limited
• BYD Company Ltd.
• Codi Energy Ltd.
• Contemporary Amperex Technology Co., Limited.
• Exide Technologies
• GlobTek, Inc.
• GS Yuasa International Ltd.
• Jiangxi JingJiu Power Science& Technology Co.,LTD.
• Leclanche
• LG Chem.
• LITHIUMWERKS
• Panasonic Industry Co., Ltd.
• Saft
• SAMSUNG SDI CO.,LTD.
• Shenzhen Grepow Battery Co., Ltd.
• Shuangdeng Group Co,Ltd
• SK Inc.
• TOSHIBA CORPORATION
• VARTA Microbattery GmbH (A subsidiary of VARTA AG)
• Xiamen Tmax Battery Equipments Limited.