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21700 Lithium-Ion Battery Market size is set to grow by USD 6.54 billion from 2024-2028, Improved capacity and performance of lithium-ion battery to boost the market growth, Technavio

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NEW YORK, July 4, 2024 /PRNewswire/ — The global 21700 lithium-ion battery market size is estimated to grow by USD 6.54 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 21.22% during the forecast period. Improved capacity and performance of lithium-ion battery is driving market growth, with a trend towards rise in battery recycling initiatives. However, restrictions on transporting lithium-ion batteries by air poses a challenge. Key market players include AA Portable Power Corp., EVE Energy Co. Ltd., Far East Holding Group Co. Ltd., GODI India Pvt. Ltd., Guangdong CVATOP New Energy Technology Co. Ltd., Guangzhou Great Power Energy and Technology Co. Ltd., Jiangsu Tianpeng Power Supply Co. Ltd., LG Chem Ltd., Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Samsung SDI Co. Ltd., Shenzen ACE Battery Co. Ltd., Shenzen Fest Technology Co. Ltd., Shenzhen A and S Power Technology Co. Ltd., Shenzhen BAK Power Battery Co. Ltd., Shenzhen XTAR Electronics Co. Ltd., Sony Group Corp., Taiwan Cement Corp, Tesla Inc., and TianJin Lishen Battery Joint Stock Co. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Automotive, Consumer electronics, and Others), Type (Lithium nickel manganese cobalt, Lithium titanate, Lithium iron phosphate, and Lithium cobalt oxide), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

AA Portable Power Corp., EVE Energy Co. Ltd., Far East Holding Group Co. Ltd., GODI India Pvt. Ltd., Guangdong CVATOP New Energy Technology Co. Ltd., Guangzhou Great Power Energy and Technology Co. Ltd., Jiangsu Tianpeng Power Supply Co. Ltd., LG Chem Ltd., Murata Manufacturing Co. Ltd., Panasonic Holdings Corp., Samsung SDI Co. Ltd., Shenzen ACE Battery Co. Ltd., Shenzen Fest Technology Co. Ltd., Shenzhen A and S Power Technology Co. Ltd., Shenzhen BAK Power Battery Co. Ltd., Shenzhen XTAR Electronics Co. Ltd., Sony Group Corp., Taiwan Cement Corp, Tesla Inc., and TianJin Lishen Battery Joint Stock Co. Ltd.

Key Market Trends Fueling Growth

The global 21700 lithium-ion battery market is experiencing significant growth due to the increasing use of batteries in various applications, including electronic devices, electric vehicles, and material-handling equipment. As the number of batteries reaching their end-of-life increases, the need for effective recycling solutions becomes crucial. Recycling initiatives have gained momentum, leading to the development of new cost-effective processes to recover critical battery materials. The US Department of Energy (DOE) has established the ReCell Lithium Battery Recycling R&D Center, focusing on economically viable and environmentally friendly recycling methods. Direct recycling, a promising approach, involves recovering cathode materials as reusable mixtures, minimizing waste and reducing recycling costs. However, this technique requires specialized processes for different cathodes and depends on battery health. Additionally, second-use applications can extend the life of spent batteries, further boosting market growth. In summary, recycling initiatives and innovative recycling processes are key drivers for the growth of the 21700 lithium-ion battery market. 

The 21700-sized lithium-ion battery market is booming, with applications ranging from portable electronics to electric vehicles and energy storage systems. These batteries come in cylindrical format and offer higher energy density, making them ideal for various industries. Manufacturers are exploring novel electrode materials and manufacturing techniques to enhance battery technology’s performance. Quality standards and safety laws are crucial for electric cars, solar energy, wind turbines, data centers, telephone networks, and other applications. The market is expected to reach 750 GWh by 2027, with 100 GWh from electric vehicles, 295 GWh from energy storage, and 957GWh from portable devices. High-performance batteries power electric cars, backup power systems, and grid-scale energy storage. Traditional lithium-ion batteries like LiCoO2 and LiFePO4 are being replaced by these advanced batteries. Safety issues are a concern, but manufacturers prioritize energy efficiency and sustainability. The market caters to various sectors, including New energy vehicles, power tools, medical devices, and portable devices, with capacities ranging from 3004000 mAh to 3004800 mAh. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

Lithium-ion batteries, which use lithium as the anode due to its high electrochemical potential, are commonly used in devices such as laptops, tablets, and smartphones. However, the same property that makes lithium suitable for producing high-capacity batteries also makes it highly reactive, increasing the risk of thermal runaway and potential explosions. The International Air Transportation Association (IATA) has enforced regulations restricting the shipment of lithium-ion batteries by air due to safety concerns. These regulations limit package weight to 2.5 kg and require batteries to be labeled as Class 9 hazardous materials. Manufacturers must also comply with transportation regulations for international and domestic shipments by air, sea, and land. Strict testing requirements and packaging regulations further complicate the shipping process. These regulations pose a significant challenge to the 21700 lithium-ion battery market, increasing costs and complexities for manufacturers and suppliers.The 21700 Lithium-Ion Battery market faces challenges in various sectors such as backup power systems and grid-scale energy storage, requiring extended cycle life and high-performance batteries. Solar energy and wind turbines rely on these batteries for efficient energy management. Data centers, telephone networks, and security systems also depend on energy storage solutions for uninterrupted power supply. In the transportation sector, New energy vehicles and vehicle power batteries are driving demand for 21700 Lithium-Ion Batteries. The market size is projected to reach 750 GWh by 2027, with sub-segments like Energy storage battery, Vehicle power battery, and Power tools. Safety issues are a concern, with energy density being a critical factor. Traditional Lithium-ion batteries like LiCoO2 and LiFePO4 are being replaced by smart technologies like IoT and AI in manufacturing processes. Portable devices like power banks, laptop battery packs, flashlights, and cordless power tools also utilize these batteries. The market includes 3004000 mAh to 3004800 mAh batteries for various applications. Automotive companies are investing heavily in this sector to meet the growing demand for electric vehicles.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This 21700 lithium-ion battery market report extensively covers market segmentation by

Application 1.1 Automotive1.2 Consumer electronics1.3 OthersType 2.1 Lithium nickel manganese cobalt2.2 Lithium titanate2.3 Lithium iron phosphate2.4 Lithium cobalt oxideGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Automotive- The 21700 lithium-ion battery market, particularly in the automotive segment, is poised for significant growth due to the increasing adoption of electric vehicles (EVs) and e-bikes. The advantages of lithium-ion batteries over other chemistries, such as higher energy density, superior performance, and longer cycle life, make them a preferred choice for these applications. In the automotive sector, the shift towards EVs is driven by government initiatives to reduce environmental pollution and promote clean energy. Countries like the UK, France, Belgium, Norway, and the Netherlands offer subsidies and incentives to boost EV adoption, with some even planning to ban the sale of diesel vehicles by 2040. Furthermore, advancements in 21700 lithium-ion battery technology and the decline in prices have led to their increased use in the e-bike segment, which demands longer running times and faster charging rates. As a result, the 21700 lithium-ion battery market will experience substantial growth during the forecast period due to the expanding EV and e-bike industries.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The 21700-sized lithium-ion batteries, with their 18650 cell counterparts, have gained significant attention due to their cylindrical format and energy storage capabilities. These batteries are essential for various applications, including energy storage systems, portable electronics, electric vehicles, and novel electrode materials. The global market for 21700-sized lithium-ion batteries is projected to grow exponentially, with estimates suggesting a potential capacity of 750 GWh by 2030. This growth is driven by the increasing demand for high-performance batteries in New Energy Vehicles and Energy storage solutions. The battery technology continues to evolve, with manufacturing techniques improving efficiency and reducing costs. Applications span from Vehicle power batteries and Energy storage batteries to power tools, portable devices such as laptops and tablets, and LiCoO2 Battery. Energy density remains a key focus area for innovation, with traditional lithium-ion batteries making way for advanced technologies to meet the growing demand for longer runtimes and higher power output.

Market Research Overview

The 21700-sized lithium-ion batteries, also known as 18650 cells in cylindrical format, have gained significant attention in various industries due to their energy storage capabilities. These batteries are used in a wide range of applications, from portable electronics to electric vehicles and energy storage systems. The battery technology continues to evolve with the exploration of novel electrode materials and manufacturing techniques. Energy efficiency and sustainability are key drivers of the market, with higher energy density being a major focus. The market for 21700-sized lithium-ion batteries is projected to grow significantly, with estimates suggesting a potential capacity of 750 GWh by 2027, up from 100 GWh in 2020. Applications include electric cars, backup power systems, grid-scale energy storage, and renewable energy sources such as solar energy and wind turbines. The batteries are also used in data centers, telephone networks, and security systems. Safety laws and quality standards are crucial considerations in the market, with a focus on extended cycle life, energy density, and safety issues. The market for high-performance batteries is expected to grow, with applications in New Energy Vehicles, power tools, medical devices, and portable devices such as laptops, tablets, and power banks. Manufacturing processes are being optimized through smart technologies, IoT, and AI to improve efficiency and reduce costs. Traditional lithium-ion batteries, such as LiCoO2 and LiFePO4, continue to dominate the market, but new advancements in battery technology are expected to disrupt the market in the coming years. The market for 21700-sized lithium-ion batteries is expected to reach 295 GWh by 2025 and 957GWh by 2030. The batteries have a capacity of 3004000 mAh to 3004800 mAh, making them ideal for various applications where high energy density and long-lasting power are required.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationAutomotiveConsumer ElectronicsOthersTypeLithium Nickel Manganese CobaltLithium TitanateLithium Iron PhosphateLithium Cobalt OxideGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technology

BRIDGE Appoints Morgan Jetto As Executive Vice President, Business Development & Ecosystems

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Industry Veteran to Lead Strategic Partnerships as BRIDGE Extends Its Position as the Trusted Partner for Audience Targeting, Curation, and Agentic Audience Targeting

NEW YORK, Apr. 21, 2026 /PRNewswire/ — BRIDGE, the verified people-data layer for advertising and marketing, today announced the appointment of Morgan Jetto as Executive Vice President, Business Development & Ecosystems. In this newly created role, Jetto will drive BRIDGE’s partnership strategy, expand its ecosystem of data and media integrations, and accelerate revenue growth across its key growth verticals as demand for verified data surges.

“Morgan brings a rare combination of deep industry relationships, strategic vision, and hands-on execution,” said Robert Rose, CEO of BRIDGE. “The industry is moving toward verified identity, curated audiences advertisers can trust, and agentic audience targeting that needs real, consent-audited people data underneath it. BRIDGE sits at the center of all three shifts, and Morgan’s leadership will help us extend that foundation to every agency, platform, and AI builder who needs it.”

Jetto joins BRIDGE from Verve Group, where he served as Senior Vice President and General Manager. His career spans nearly two decades of proven senior roles in AdTech and MarTech — including global partnerships at Yahoo, client leadership at GroupM, as well as board and advisory roles — with a consistent focus on building partnerships at the intersection of data, media, and emerging technology.

“BRIDGE has built something genuinely differentiated — a verified, people-based data foundation the industry urgently needs, and an architecture built for the next generation of agentic audience targeting,” said Jetto. “I’m excited to join at this critical and pivotal moment and help expand the ecosystem of partners, platforms, and clients who can benefit from the differentiated foundation BRIDGE has built— and I’m just getting started.”

BRIDGE is the verified people-data layer for advertising and marketing — the trusted foundation agencies, brands, platforms, and AI builders rely on for audience targeting and curation. Every record is a real person, verified through the Data Safe™ methodology. The CONNECT platform activates the same verified person across CTV, digital, social, email, audio, programmatic, and direct mail, and is built for agentic audience targeting through Connect MCP. People Match™ closes the loop with deterministic attribution. BRIDGE powers 160,000+ campaigns annually and has been ranked #1 for data accuracy by Truthset — an independent third party — for five consecutive years. The graph includes 412.9M verified consumers and business people and 679.8M permission-based emails, anchored on SOC2, SOC3, and HIPAA compliance. Learn more at www.thebridgecorp.com.

Media Contact

Karen Nordahl
BRIDGE
Director, Human Resources 
connect@thebridgecorp.com
+1 ( 212) 991-5633

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SOLOWIN HOLDINGS Expects Revenue in the Range of $27 Million to $29 Million, Approximately 10x Year-over-Year Growth for the Fiscal Year Ended March 31, 2026 Based on Preliminary Unaudited Results

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HONG KONG, April 21, 2026 /PRNewswire/ — SOLOWIN HOLDINGS (Nasdaq: AXG) (“SOLOWIN,” the “Company,” or “we”), a leading financial technology firm bridging traditional and digital assets, today announced certain preliminary, unaudited financial results for the fiscal year ended March 31, 2026. Driven by the rapid expansion of its digital asset tokenization, stablecoin infrastructure, and AI-powered services, the Company delivered exceptional top-line growth for the fiscal year ended March 31, 2026, as it advances its global framework compliance and institutional-grade service strategy.

The preliminary financial results described in this press release are unaudited and based on management’s current estimates of our results for the fiscal year ended March 31, 2026. These figures are subject to the completion of our customary year-end financial closing procedures and audit by the Company’s independent registered public accounting firm. No assurance can be given that final audited results will not differ materially from these preliminary estimates, and any such differences could be significant. We expect to file our audited financial results for the fiscal year ended March 31, 2026, with the U.S. Securities and Exchange Commission in our Annual Report on Form 20-F, which is expected to be filed in July 2026.

Overall Performance

Revenue increased nearly tenfold year over year to between $27 million and $29 million for the fiscal year ended March 31, 2026.

Net loss was in the range of $11 million to $13 million, reflecting continued investment in technology, compliance, and global business expansion.

Financial Condition

As of March 31, 2026, cash and cash equivalents increased to between $14 million and $16 million.

Net cash used in operating activities was in the range of $12 million to $14 million for the year ended March 31, 2026. The increase in receivables from customers was the primary driver of the cash used in operating activities during the current period.

Net cash provided by investing activities was in the range of $1 million to $3 million for the year ended March 31, 2026, mainly consisting of cash and bank balances arising from acquisition of subsidiaries, partly offset by purchases of short-term investments.

Net cash provided by financing activities increased to between $18 million and $20 million for the year ended March 31, 2026, mainly representing the proceeds from capital injections from investors.

Strategic Overview

Against a backdrop of accelerating institutional adoption, maturing global regulation, and deepening integration of AI and blockchain, SOLOWIN has further consolidated its position as a fully compliant, vertically integrated digital financial platform, with a clear dual-token strategy focused on Digital Asset Tokens and AI Tokens. The Company’s ecosystem spans stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services.

Management Commentary

Mr. Lok Ling Ngai, Chief Executive Officer and Chairman of SOLOWIN, stated: “Fiscal 2026 marks a transformative year for SOLOWIN. Achieving tenfold revenue growth represents more than a financial milestone, it validates the strength of our dual-token strategy and underscores the accelerating global demand for compliant, institutional-grade digital asset infrastructure. We are uniquely positioned at the convergence of three structural shifts reshaping our industry: the advancement of regulatory frameworks, the rapid adoption of tokenization, and the integration of AI with blockchain technologies.”

“Guided by our mission ‘Mobilizing Tokens 24/7,’ we are building a secure, efficient, and fully regulated digital financial ecosystem. Over the past year, we have significantly strengthened and expanded our stablecoin and payment infrastructure, scaled our asset tokenization capabilities, and enhanced our AI-powered services. Together, these efforts reinforce and deepen our licensed platform advantages across Hong Kong, Bahrain, and other key global markets.”

“We see ourselves as more than a technology company — we are a trusted bridge connecting traditional finance and the decentralized economy. As global regulatory frameworks continue to mature and institutional adoption accelerates, we remain steadfast in our commitment to compliance, transparency, and responsible innovation. Our goal is to deliver sustainable, long-term value for our clients, partners, and shareholders — and help to power the future of finance.”

About SOLOWIN HOLDINGS

SOLOWIN HOLDINGS (NASDAQ: AXG) is a leading global regulated fintech company. Established in 2016, AXG combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform.

Guided by the mission “Mobilizing Tokens 24/7,” the Company focuses on tokenization and operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router.

Through its integrated ecosystem, including AXCOIN, AXONE, FERION, SOLOMON, SCION, and KOVAR, AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy.

For more information, visit the Company’s website at https://www.alloyx.com or Investor Relations webpage at https://ir.alloyx.com

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company has attempted to identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) including the “Risk Factors” section of the Company’s most recent Annual Report on Form 20-F as well as in its other reports filed or furnished from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC, which are available for review at www.sec.gov.

For investor and media inquiries please contact:

SOLOWIN HOLDINGS
Investor Relations Department
Email: ir@solowin.io

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

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Chemours Announces Dates for First Quarter 2026 Earnings Release and Webcast Conference Call

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WILMINGTON, Del., April 21, 2026 /PRNewswire/ — The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced that the Company expects to issue its first quarter 2026 financial results after market on Tuesday, May 5, 2026.

The Company expects to hold its conference call to discuss its first quarter 2026 financial results at 8:00 a.m. Eastern Time on Wednesday, May 6, 2026. The call is open to the public and can be accessed via the webcast information below. The webcast and materials can be accessed by visiting the “Events and Presentations” section of the Investor Relations section of Chemours’ website at investors.chemours.com.

Conference Call: Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investors.chemours.com.

About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3300
investor@chemours.com

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

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