The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. Automotive sector is expected to witness significant growth owing to the low cost of lithium-ion batteries.
China had the highest lithium-ion batteries revenue opportunities, with a combined amount of approximately 185 billion U.S. dollars forecast for 2030. Get notified via email when this statistic is updated. You only have access to basic statistics. This statistic is not included in your account. Business Solutions including all features.
Advancements in the technologies used in wearable devices and consumer electronics in Asia Pacific are also fueling the Lithium-ion Battery Market Growth in the region. China accounted for the largest share of the lithium-ion battery market in Asia Pacific as it is one of the major lithium-ion battery producers in the region.
Global core lithium-ion battery manufacturers include Panasonic, Samsung SDI and LG Chem etc. The top 5 companies hold a share about 60%. In terms of region, the largest segment of lithium-ion battery market would be Asia Pacific, with a market share of over 75% in 2019. The follower is Europe accounted for nearly 13% of global market.
In terms of region, the largest segment of lithium-ion battery market would be Asia Pacific, with a market share of over 75% in 2019. The follower is Europe accounted for nearly 13% of global market. For type of Lithium ion Battery Market, Cobalt Oxide is the largest segment with a market share of nearly 33% in 2019.
Rising demand for substitutes, including sodium nickel chloride batteries, lithium-air flow batteries, lead acid batteries, and solid-state batteries, in electric vehicles, energy storage, and consumer electronics is expected to restrain the growth of the lithium-ion battery industry over the forecast period.
On the surface, battery cell production may contribute the most revenue to the battery value chain. However, lithium production can generate margins as high as 65%, …
The lithium-ion battery segment accounted for the largest revenue share of 41.2% in 2023 and is expected to register the fastest CAGR during the forecast period. Despite electric vehicles (EVs) accounting for a significant share of the lithium …
The segments of the lithium-ion battery supply chain with the largest revenue opportunities by 2030 were active materials, or the creation of electrochemically active materials for battery...
Lithium-ion batteries emerged as the largest material segment in the global battery industry, holding a significant market share of over 44.0% in 2024. Lithium-ion batteries are rechargeable batteries commonly used in consumer …
BCC Research Report: Dive into lithium-ion battery market report 2023 is considered a base year, 2024 is an estimated year, and the market values are forecasted for five years until 2029. …
lithium-based, battery manufacturing industry. Establishing a domestic supply chain for lithium-based batteries . requires a national commitment to both solving breakthrough . scientific …
The global lithium-ion battery market size was valued at $46.2 billion in 2022, and lithium-ion battery industry is projected to reach $189.4 billion by 2032, growing at a CAGR of 15.2% from …
The global Lithium-ion Battery market size reached USD 45.70 Billion in 2022 and is expected to reach USD 154.40 Billion in 2032 registering a CAGR of 13.1%. Lithium-ion Battery market growth is primarily driven owing to increasing use …
The Germany lithium market held over 12.0% revenue share in the European region in 2023. The increasing government regulation is expected to propel the demand for the product in the …
The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a CAGR of 20.3% from 2024 to 2030
The global Lithium-ion Battery Market Size in terms of revenue was estimated to be worth $56.8 billion in 2023 and is poised to reach $187.1 billion by 2032, growing at a …
The global Lithium-ion Battery market size reached USD 45.70 Billion in 2022 and is expected to reach USD 154.40 Billion in 2032 registering a CAGR of 13.1%. Lithium-ion Battery market …
Chapter 2, to profile the top manufacturers of Lithium-Ion Battery, with price, sales, revenue and global market share of Lithium-Ion Battery from 2018 to 2023. Chapter 3, the Lithium-Ion …
Rising EV battery demand is the greatest contributor to increasing demand for critical metals like lithium. Battery demand for lithium stood at around 140 kt in 2023, 85% of total lithium demand …
The Global X Lithium & Battery Tech ETF (LIT), managed by Mirae Asset Financial Group, "invests in companies throughout the lithium cycle, including mining, refinement and battery production, cutting across traditional …
Almost 60 percent of today''s lithium is mined for battery-related applications, a figure that could reach 95 percent by 2030 (Exhibit 5). Lithium reserves are well distributed …
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers'' commercial date of Household Hazardous Waste Disposal, …
Revenue of largest lithium-ion battery companies worldwide in financial year 2022 (in billion U.S. dollars)
In fact, lithium-ion batteries accounted for 87 percent of the global lithium consumption in 2023, and its use for this application continues to grow as the race to power …
BYD has a rich history in the lithium-ion battery industry, with a focus on R&D and a diverse portfolio of batteries. Its unique "Blade Battery" and market dominance make it a …
In terms of revenue, the global lithium-ion battery market size was valued at around USD 49.67 billion in 2021 and is projected to reach USD 165.65 billion, by 2030. The lithium-ion battery …
The segments of the lithium-ion battery supply chain with the largest revenue opportunities by 2030 were active materials, or the creation of electrochemically active …
The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a CAGR of 20.3% from 2024 to 2030