High Nickel Ternary Battery Market

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.

High Nickel Ternary Battery Market contains market size and forecasts of High Nickel Ternary Battery in global, including the following market information:

Global High Nickel Ternary Battery Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global High Nickel Ternary Battery Market Sales, 2017-2022, 2023-2028, (GWh)

Global top five High Nickel Ternary Battery companies in 2021 (%)

The global High Nickel Ternary Battery market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

NCM Segment to Reach $ Million by 2028, 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 and etc. In 2021, 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, 2017-2022, 2023-2028 ($ Millions) & (GWh)

Global High Nickel Ternary Battery Market Segment Percentages, by Type, 2021 (%)

NCM

NCA

Global High Nickel Ternary Battery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (GWh)

Global High Nickel Ternary Battery Market Segment Percentages, by Application, 2021 (%)

HEV

BEV

Others

Global High Nickel Ternary Battery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (GWh)

Global High Nickel Ternary Battery Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (Estimated), ($ millions)

Key companies High Nickel Ternary Battery revenues share in global market, 2021 (%)

Key companies High Nickel Ternary Battery sales in global market, 2017-2022 (Estimated), (GWh)

Key companies High Nickel Ternary Battery sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Panasonic

LG

SK Innovation

Samsung SDI

CATL

Lishen Battery

BAK Power

Guangzhou Great Power

Gotion High-tech

Jiangsu Tenpower Lithium