We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info . X close

Lithium-ion Battery Market Size, Share & Trends

Report Code SE 4967
Published in Jun, 2025, By MarketsandMarkets™
Download PDF

Choose License Type

Buy Report Now Inquire Before Buying

Lithium-ion Battery Market by Battery Type (NMC, LFP, LCO, LTO, LMO, NCA), Cell Type (Prismatic, Pouch, Cylindrical), Capacity (<50 kWh, 50-100 kWh, >100 kWh), Energy Storage (Residential, Utilities) Consumer Electronics, Medical - Global Forecast to 2033

Lithium-ion Battery Market Size, Share & Trends

The global lithium-ion battery market is projected to grow from USD 194.66 billion in 2025 to USD 426.37 billion by 2033, at a CAGR of 10.3%.

The lithium-ion battery market comprises advanced energy storage systems for electric vehicles, consumer electronics, grid storage, medical, and industrial use. It comprises primary battery chemistries such as lithium iron phosphate (LFP), lithium titanate (LTO), lithium nickel cobalt aluminum oxide (NCA), lithium manganese oxide (LMO), lithium cobalt oxide (LCO), and nickel manganese cobalt (NMC), with high energy density, strengthened safety, and long cycle life. Governments ' clean energy and decarbonization policies fuel further expansion. Gigafactory expansion and recycling advancements solidify supply chains to address worldwide demand. This innovative mix of technological advancements, policy support, and infrastructure development makes the lithium-ion battery market a leading force for the sustainable energy future.

Lithium-ion Battery Market

Attractive Opportunities in the Lithium-ion Battery Market

ASIA PACIFIC

Asia Pacific is estimated to account for the largest share of the lithium-ion battery market in 2025, driven by rising EV demand, increasing investments in battery production facilities, supportive government policies, and the strong presence of key manufacturers across the region.

The lithium-ion battery market is growing steadily due to rising demand for efficient energy storage, expanding renewable energy integration, and ongoing advancements in battery technology, which improve performance, safety, and lifecycle across key applications.

Product innovations, technology upgrades, mergers and acquisitions, and strategic collaborations are expected to create strong growth opportunities for market players over the next 5 to 8 years.

The lithium-ion battery market in Asia Pacific is projected to reach USD 256.47 billion by 2033, growing at a CAGR of 10.5% during the forecast period.

Policy support for clean energy transition, incentives for EV adoption, and strategic investments in battery supply chains are driving large-scale deployment of lithium-ion batteries across automotive, grid, and industrial applications.

Impact of AI/Gen AI on Lithium-ion Battery Market

Artificial Intelligence (AI) transforms the lithium-ion battery market by optimizing battery design, manufacturing, and performance management. Predictive maintenance, real-time battery health monitoring, and fault detection at early stages are enabled by AI-driven analytics, reducing downtime and extending battery life. AI enhances process automation, material optimization, and quality control in production, making production more cost-efficient and effective. In electric vehicles and energy storage, AI provides smart battery management systems that optimize charging cycles, optimize energy delivery, and ensure safety. Through constant innovation in machine learning and data processing, AI is converting lithium-ion battery solutions into intelligent, reliable, and scalable solutions, fulfilling the growing demand while maintaining sustainability and regulatory compliance.

Lithium-ion Battery Market

Global Lithium-ion Battery Market Dynamics

DRIVER: Growing preference for LFP batteries among EV manufacturers

The surge in demand for lithium iron phosphate (LFP) batteries from electric vehicle (EV) manufacturers is a major growth driver in the lithium-ion battery market. LFP batteries are becoming increasingly popular because of their high safety, longer life for batteries, and reduced cost compared to traditional nickel-based chemistries such as NMC. Their thermal stability reduces the risk of overheating, making them ideal for EVs, while their durability supports extended vehicle lifecycles, aligning with consumer and regulatory demands for sustainable mobility. LFP batteries also employ abundant, low-cost materials; therefore, there are no supply risks involving scarce resources such as cobalt and nickel. Technological innovation in AI-based battery management systems enhances LFP performance, improving energy efficiency and charging speeds. Leading EV leaders, particularly in Asia Pacific, are speeding up LFP adoption to meet cost-sensitive markets and strict environmental regulations. Government policy supports this trend with incentives for clean energy fuels. As a result, rising demand for LFP batteries drives the lithium-ion battery market, fueling innovation, affordability, and sustainability in the global transition to electrified transportation.

RESTRAINTS: Safety concerns and high recycling and disposal costs

Safety concerns and recycling and disposal expenses are significant barriers to the growth of the lithium-ion battery market. Despite technological advances, lithium-ion batteries are susceptible to thermal runaway, fire risk, and overheating when damaged or mishandled. These safety concerns demand strict control and complex safety protocols, contributing to manufacturing and operating complexity and expense for manufacturers and consumers. In addition, end-of-life environmental impacts of lithium-ion batteries present significant hurdles. Recycling lithium-ion batteries involves intricate, energy-demanding, and costly processes to recover valuable elements such as lithium, cobalt, and nickel. Current recycling facilities are small in capacity and non-scalable, contributing to the disposal problem and resulting in environmental contamination when batteries are wasted. High recycling and disposal expenses contribute to the increased total cost of ownership for consumers and hinder the growth of sustainable and circular supply chains. All these safety and environmental concerns are barriers that could discourage market adoption and contribute to increased regulatory scrutiny in the lithium-ion battery market.

 

OPPORTUNITY: Anticipated decline in costs of Li-ion batteries

The anticipated drop in the cost of lithium-ion batteries is a major development prospect for the market growth. With improved efficiency in manufacturing processes and economies of scale, production cost is set to decline substantially in the next several years. The decline in cost will make lithium-ion batteries cheaper for a wide range of applications, from consumer electronics and electric vehicles to grid energy storage and renewable energy integration. Low battery prices will help directly reduce the overall cost of electric vehicles, make them more competitive with traditional internal combustion engine vehicles, and accelerate the adoption of cleaner transportation. Moreover, lower-cost lithium-ion batteries will lead to more applications of energy storage devices needed for power grid stabilization, and hence, the utilization of more intermittent renewable power sources such as solar and wind. Thus, value chain players—from manufacturers and suppliers to end users—are set to benefit from greater demand and market growth driven by the cost decline trend. This represents a compelling opportunity to innovate, scale up capacity, and gain access to new markets worldwide.

CHALLENGE: Competition from emerging technologies such as sodium-ion and flow batteries

Emerging battery technologies such as sodium-ion and flow batteries present a major threat to the lithium-ion battery sector. These new technologies are becoming popular due to their potential cost, material availability, and safety benefits. Sodium-ion batteries, for example, employ more available and lower cost raw materials than lithium-ion batteries, potentially giving them lower cost of manufacture and less supply risk. Similarly, flow batteries are scalable and have long cycle life, making them extremely attractive for large-scale energy storage applications such as grid management and renewable integration. As research and development efforts continue to advance these technologies, they are increasingly becoming viable substitutes in certain applications traditionally dominated by lithium-ion batteries. Growing competition may constrain lithium-ion battery market share growth and price power, especially where cost and scalability are the major drivers. Lithium-ion battery makers are therefore under pressure to keep innovating, improve performance, and reduce cost to maintain their market leadership. Mitigating this competitive threat will be key to attaining long-term growth and relevance in a shifting energy storage landscape.

Global Lithium-ion Battery Market Ecosystem Analysis

Contemporary Amperex Technology Co., Limited is a key player in the lithium-ion battery market. (China), LG Energy Solution (South Korea), Panasonic Holdings Corporation (Japan), BYD Company Ltd. (China), and SAMSUNG SDI (South Korea). These companies not only boast a comprehensive product portfolio but also have a strong geographic footprint. Players in this market have adopted various growth strategies, including partnerships and expansions, to establish their foothold in the market. The lithium-ion battery market ecosystem comprises multiple participants, each playing a vital role in developing, manufacturing, and deploying advanced battery solutions worldwide.

Top Companies in Lithium-ion Battery Market

LFP battery chemistry to lead lithium-ion battery market share

Lithium iron phosphate (LFP) batteries are expected to dominate the lithium-ion battery market with the prominent market share throughout the forecast period, owing to their improved safety features, cost-effectiveness, and long lifespan. LFP batteries, compared to nickel manganese cobalt (NMC) and nickel cobalt aluminum (NCA) chemistries, are naturally thermally stable and less susceptible to thermal runaway and have become the top choice for safety-critical applications. Their widespread use in electric two-wheelers, commercial transportation, and stationary energy storage systems creates enormous demand. Furthermore, continuous improvement in energy density and compact cell design advancements are elevating their use for broader application in passenger EVs and distributed storage systems. Higher investments by firms in LFP manufacturing are fuelled by lower material costs and the absence of cobalt and nickel, ensuring environmental and ethical sourcing compliance. Globally, supportive government policies promoting electric mobility and clean energy integration are accelerating the deployment of LFP batteries. As market dynamics shift toward safe, scalable, and cost-effective battery solutions, LFP technology is set to reinforce its leadership across diverse applications.

Electric vehicles (EVs) to capture largest share of lithium-ion battery market

Electric vehicles will hold the largest market share for lithium-ion batteries during the forecast period, driven by the global demand for green transport and the rapid transition of the auto industry. Lithium-ion batteries are the power choice of EVs with their high energy density, long cycle life, fast charging, and low maintenance. These features make them the best choice to meet the performance needs of future electric cars. Governments worldwide are implementing future-oriented policies, including purchase incentives, tax credits, and investments in infrastructure, to encourage the acceptance of EVs. At the same time, leading automotive associations are increasing investment in electric mobility and EV manufacturing capacity. Continuous advancements in battery technology, including further driving range and faster charging times, also increase consumer confidence and propel market growth. The constant decline in battery prices is also making EVs affordable to consumers. With growing demand for clean and efficient transport solutions, electric vehicles will be the leading application segment, aggressively driving the growth curve of the lithium-ion battery market.

Asia Pacific to Lead Global Lithium-Ion Battery Market Due to Strong Demand

During the forecast period, Asia Pacific is expected to hold the largest share of the global lithium-ion battery market. Growth is driven by the rising use of these batteries in electric vehicles, energy storage systems, consumer electronics, and medical and industrial applications. The region has also emerged as a global battery manufacturing hub, with China, Japan, South Korea, and India at the center of production, raw material processing, and technology development. China leads the charge with the help of liberal government policies, massive EV adoption, and highly developed battery supply chains. Beyond automotive demand, rapid renewable energy and grid infrastructure growth underpin demand for advanced storage solutions. Governments actively encourage local production through subsidies, policy mandates, and public–private partnerships, aiding innovation and supply chain integration. The combination of cost advantages, skilled labor, and high domestic consumption continues to strengthen Asia Pacific’s leadership position. As electrification efforts scale across transport and energy sectors, the region is set to remain the driving force behind global lithium-ion battery market growth.

LARGEST MARKET SHARE IN 2025-2030
ASIA PACIFIC FASTER-GROWING MARKET IN REGION
Lithium-ion Battery Market Size and Share

Recent Developments of Lithium-ion Battery Market

  • In May 2025, Contemporary Amperex Technology Co., Limited (CATL) launched the TENER Stack, the world’s first 9 MWh ultra-large capacity energy storage system, at Entry/Exit System (EES) Europe 2025. The product was introduced to meet rising global demand for high-density, flexible, and transportable energy storage solutions. Targeted at utilities, developers, and industrial users, the TENER Stack delivers significant advancements in space utilization, energy efficiency, and cost performance. It supports various applications, including AI data centers and industrial electrification.
  • In April 2025, LG Energy Solution entered into a joint venture agreement with French metal recycling company Derichebourg Multiservices to strengthen its closed-loop battery recycling system and enhance European value chain competitiveness. The partnership will establish a pre-processing facility in Bruyères-sur-Oise, northern France, to extract black mass. Construction is scheduled to begin in 2026, with operations expected to commence in 2027.
  • In April 2025, CALB unveiled its latest energy storage technologies at the 2025 ESIE Summit, announcing the global mass production of its 392 Ah cell and 6.25 MWh liquid-cooled container system. The company also introduced the 314Gen2.0 ultra-long-cycle cell and the 640 Ah high-capacity cell, showcasing its broad portfolio of advanced, reliable, high-performance energy storage solutions.
  • In March 2025, LG Energy Solution signed an agreement with PGE Polska Grupa Energetyczna S.A., Poland’s largest energy provider, to supply 981 MWh of grid-scale energy storage system (ESS) batteries from 2026 to 2027. This marks LG's first large-scale ESS deployment from its Poland facility. The companies will jointly develop a battery energy storage facility in Zarnowiec, Poland, with commercial operations set to begin in 2027. The agreement includes a turnkey solution comprising containerized systems and EPC services.
  • In March 2025, Samsung SDI began production of its 46-series cylindrical batteries, incorporating advanced NCA cathode and SCN anode technologies. The initial supply is targeted toward a US customer for micro-mobility applications. The batteries are produced in South Korea and assembled in Vietnam, marking a significant milestone for Samsung SDI. It is the first Korean battery manufacturer to deliver 46-series cells to international customers and plans to expand its global market presence.

Key Market Players

List of Top Lithium-ion Battery Market

The following players dominate the Lithium-ion Battery Market:

Want to explore hidden markets that can drive new revenue in Lithium-ion Battery Market?

Scope of the Report

Report Attribute Details
Market size available for years 2021–2033
Base year considered 2024
Forecast period 2025–2033
Forecast units Value (USD Billion) Volume (GWh)
Segments Covered By Battery Type, Application, and Region
Regions covered North America, Europe, Asia Pacific, and Rest of the World

Key Questions Addressed by the Report

What is the total CAGR expected for the lithium-ion battery market from 2025 to 2033?
The global lithium-ion battery market is expected to grow at a CAGR of 10.3% from 2025 to 2033.
What are the driving factors for the lithium-ion battery market?
The rising demand for high-performance energy storage in electric vehicles, consumer electronics, and industrial systems drives the lithium-ion battery market. The growing focus on carbon reduction and energy transition accelerates the shift toward battery-powered technologies. Continued investments in manufacturing and R&D are enhancing battery efficiency, lifespan, and charging speed. Additionally, the expansion of renewable energy has increased the need for grid-scale storage, while advancements in recycling and supportive policies reinforce supply chains and drive long-term market growth.
What is the impact of AI on the lithium-ion battery market?
Artificial intelligence (AI) is reshaping the lithium-ion battery market by optimizing battery design, improving production efficiency, and enabling smarter energy management. AI-driven systems facilitate real-time battery health monitoring, predict performance degradation, and extend battery lifespan through advanced analytics. AI enhances process automation, reduces defects, and accelerates quality control in manufacturing. These capabilities are crucial for scaling production to meet growing demand across electric vehicles, grid storage, and electronics while ensuring cost efficiency and product reliability.
Who are the key players in the lithium-ion battery market?
Contemporary Amperex Technology Co., Ltd. (China), BYD Company, Ltd. (China), LG Energy Solution (South Korea), Samsung SDI (South Korea), and Panasonic Holdings Corporation (Japan) are some major companies operating in the lithium-ion battery market.
Which region will offer lucrative growth opportunities for the players in the lithium-ion battery market?
In the coming years, Asia Pacific is expected to offer lucrative opportunities in the lithium-ion battery market.

 

Adjacent Markets

Request Bundle Reports

Personalize This Research

  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
Request A Free Customisation

Let Us Help You

  • What are the Known and Unknown Adjacencies Impacting the Lithium-ion Battery Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
Customized Workshop Request

Table of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO
INTRODUCTION
32
RESEARCH METHODOLOGY
37
EXECUTIVE SUMMARY
48
PREMIUM INSIGHTS
51
MARKET OVERVIEW
54
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Transition to zero-emission vehicles due to clean mobility agenda
    - Growing preference for LFP batteries among EV manufacturers
    - Widespread deployment of battery-operated material handling equipment in industrial applications
    - Surging demand for wearable devices
    RESTRAINTS
    - Safety concerns and high recycling and disposal costs
    OPPORTUNITIES
    - New era of renewable energy capacity and storage innovations
    - Accelerated R&D efforts to develop advanced Li-ion batteries
    - Anticipated decline in costs of Li-ion batteries
    CHALLENGES
    - Competition from emerging technologies such as sodium-ion and flow batteries
    - Increased tariffs on Chinese EVs in Europe and North America
    - Technical issues and battery performance-related challenges
    - Financial risks and market disruptions witnessed by battery manufacturers
  • 5.3 VALUE CHAIN ANALYSIS
  • 5.4 ECOSYSTEM ANALYSIS
  • 5.5 PRICING ANALYSIS
    AVERAGE SELLING PRICE TREND OF LITHIUM-ION BATTERIES, 2021–2033
    PRICING RANGE OF LITHIUM-ION BATTERY PACKS, BY KEY PLAYER, 2024
    AVERAGE SELLING PRICE TREND OF LFP AND NMC BATTERIES, 2021–2024
    AVERAGE SELLING PRICE TREND OF LITHIUM-ION BATTERIES, BY REGION, 2021–2024
  • 5.6 KEY INSIGHTS RELATED TO LITHIUM-ION BATTERY INDUSTRY
    TOP LITHIUM-PRODUCING COUNTRIES
    LITHIUM-ION BATTERY MANUFACTURING CAPACITY, BY COUNTRY, 2022 VS. 2025 VS. 2030
    LIST OF CURRENTLY OPERATIONAL AND UPCOMING GIGAFACTORIES
  • 5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.8 INVESTMENT AND FUNDING SCENARIO
  • 5.9 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Lithium-sulfur batteries
    - Lithium-silicon batteries
    - Solid-state batteries
    ADJACENT TECHNOLOGIES
    - Flow batteries
    - Zinc batteries
    - Sodium-ion batteries
    - Liquid-metal batteries
    COMPLEMENTARY TECHNOLOGIES
    - Battery management systems
    - Energy management system
  • 5.10 PORTER’S FIVE FORCES ANALYSIS
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.12 CASE STUDY ANALYSIS
    TOYOTA MATERIAL HANDLING HELPS REDUCE EQUIPMENT DOWNTIME BY REPLACING LEAD-ACID BATTERIES WITH LITHIUM-ION TECHNOLOGY
    LITHION’S LIFEPO4 U-CHARGE BATTERY MODULES ALLOW MEDICAL EQUIPMENT MANUFACTURER INCREASE EFFICIENCY AND RELIABILITY OF MEDICAL DEVICES
    EV MANUFACTURER ACHIEVES ENHANCED SAFETY AND IMPROVED RUN TIME BY REPLACING NIMH BATTERIES WITH LITHION’S LIFEPO4 BATTERY MODULES
  • 5.13 TRADE ANALYSIS
    IMPORT SCENARIO (HS CODE 850650)
    EXPORT SCENARIO (HS CODE 850650)
  • 5.14 PATENT ANALYSIS
  • 5.15 KEY CONFERENCES AND EVENTS, 2025–2026
  • 5.16 REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    STANDARDS
  • 5.17 IMPACT OF GEN AI/AI
    INTRODUCTION
    IMPACT OF AI ON LITHIUM-ION BATTERY MARKET
    TOP USE CASES AND MARKET POTENTIAL
  • 5.18 IMPACT OF 2025 US TARIFF
    INTRODUCTION
    KEY TARIFF RATES
    PRICE IMPACT ANALYSIS
    IMPACT ON COUNTRY/REGION
    - US
    - Europe
    - Asia Pacific
    IMPACT ON APPLICATIONS
MATERIALS USED IN LITHIUM-ION BATTERIES
109
  • 6.1 INTRODUCTION
  • 6.2 CATHODE
    CATHODE MATERIALS FOR LITHIUM-ION BATTERIES
    - Lithium iron phosphate
    - Lithium cobalt oxide
    - Lithium nickel manganese cobalt
    - Lithium nickel cobalt aluminum oxide
    - Lithium manganese oxide
  • 6.3 ANODE
    ANODE MATERIALS FOR LITHIUM-ION BATTERIES
    - Natural graphite
    - Artificial graphite
    - Other anode materials
  • 6.4 ELECTROLYTE
  • 6.5 SEPARATOR
  • 6.6 CURRENT COLLECTOR
  • 6.7 OTHER MATERIALS
LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE
114
  • 7.1 INTRODUCTION
  • 7.2 NMC
    LOWER SELF-HEATING RATE TO ACCELERATE ADOPTION
  • 7.3 LFP
    LONG LIFESPAN AND LOW MAINTENANCE REQUIREMENTS TO BOOST DEMAND
  • 7.4 LCO
    RISING USE IN PORTABLE ELECTRONICS TO DRIVE MARKET
  • 7.5 LTO
    HIGH SECURITY AND STABILITY DUE TO LOW OPERATING VOLTAGE TO BOOST DEMAND
  • 7.6 LMO
    ENHANCED THERMAL STABILITY AND SAFETY TO ACCELERATE ADOPTION
  • 7.7 NCA
    POWER AND AUTOMOTIVE INDUSTRIES TO CONTRIBUTE MOST TO MARKET GROWTH
LITHIUM-ION BATTERY MARKET, BY APPLICATION
130
  • 8.1 INTRODUCTION
  • 8.2 EVS
    GROWING ADOPTION OF ELECTRIC VEHICLES TO DRIVE MARKET
    BY BATTERY CAPACITY
    - Below 50 kWh
    - 50–100 kWh
    - Above 100 kWh
    BY BATTERY TYPE
    BY BATTERY FORM
    - Prismatic
    - Pouch
    - Cylindrical
    BY VEHICLE TYPE
    - Passenger cars
    - Vans/Light trucks
    - Medium & heavy trucks
    - Buses
    - Off-highway vehicles
    BY REGION
  • 8.3 ENERGY STORAGE
    GROWING IMPLEMENTATION OF LI-ON BATTERIES IN RESIDENTIAL AND GRID-SCALE ENERGY STORAGE APPLICATIONS TO DRIVE MARKET
    BY BATTERY CAPACITY
    - Below 30 kWh
    - 30 kWh–10 MWh
    - Above 10 MWh
    BY BATTERY TYPE
    BY CONNECTION TYPE
    BY END USE
    - Residential
    - Commercial & industrial
    - Utilities
    BY REGION
  • 8.4 INDUSTRIAL
    INCREASING DEPLOYMENT OF ELECTRIFIED SYSTEMS SUPPORTING AUTOMATED OPERATIONS TO PROPEL MARKET
    BY TYPE
    - Material handling equipment
    - Mining equipment
    - Low-speed electric vehicles
    - Industrial tools
    BY BATTERY CAPACITY
    - Below 50 kWh
    - 50–100 kWh
    - Above 100 kWh
    BATTERY TYPE
    BY REGION
  • 8.5 CONSUMER ELECTRONICS
    LONG LIFESPAN, HIGH ENERGY DENSITY, LOW SELF-DISCHARGE RATE TO INCREASE INTEGRATION INTO ELECTRONIC DEVICES
    BY PRODUCT TYPE
    - Smartphones
    - Laptops & tablets
    - Wearables
    BY BATTERY CAPACITY
    - Below 10 Wh
    - 10–30 Wh
    - Above 30 Wh
    BY BATTERY TYPE
    BY REGION
  • 8.6 MEDICAL
    ESCALATING NEED FOR RELIABLE POWER SUPPLY FOR LIFE-SAVING DEVICES TO FACILITATE ADOPTION
    BY DEVICE TYPE
    - Portable & diagnostic devices
    - Wearable & implantable devices
    BY BATTERY CAPACITY
    - Below 10 Wh
    - 10–50 Wh
    - Above 50 Wh
    BY BATTERY TYPE
    BY REGION
  • 8.7 OTHER APPLICATIONS
    TELECOMMUNICATIONS
    - Higher power density, faster charging times, longer lifespan, and minimal maintenance features to drive adoption
    MARINE
    - Ability to resist high discharge currents, mechanical shocks, and vibrations to spur demand
    AEROSPACE
    - Greater emphasis of aerospace companies on minimizing aircraft weight and maximizing power to accelerate demand
    BY BATTERY TYPE
    BY REGION
LITHIUM-ION BATTERY MARKET, BY REGION
179
  • 9.1 INTRODUCTION
  • 9.2 NORTH AMERICA
    MACROECONOMIC OUTLOOK FOR NORTH AMERICA
    US
    - Public–private alliances for clean energy future to expedite demand
    CANADA
    - Abundance of cobalt, lithium, and nickel materials to create lucrative opportunities for battery providers
    MEXICO
    - Increasing investments in lithium-ion battery production to drive market
  • 9.3 EUROPE
    MACROECONOMIC OUTLOOK FOR EUROPE
    GERMANY
    - Clean energy goals to fuel battery demand
    UK
    - Rising focus on generating electricity using renewables to foster market growth
    FRANCE
    - Government-backed expansion of lithium and EV battery ecosystem to support market growth
    ITALY
    - Government incentives promoting use of EVs to contribute to market growth
    SPAIN
    - Push for clean mobility and clean energy to boost demand
    REST OF EUROPE
  • 9.4 ASIA PACIFIC
    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
    CHINA
    - Strategic dominance in battery supply chain and EV manufacturing to accelerate market growth
    JAPAN
    - Strong presence of major lithium-ion manufacturers to support market growth
    INDIA
    - Lithium discoveries and rising EV adoption to unlock new opportunities
    - Recent strategic developments accelerating India’s lithium-ion battery market growth
    SOUTH KOREA
    - Investment in advanced battery technologies to fuel market expansion
    AUSTRALIA
    - Growing demand for cleaner and more affordable transportation to fuel market growth
    REST OF ASIA PACIFIC
  • 9.5 ROW
    MACROECONOMIC OUTLOOK FOR ROW
    MIDDLE EAST
    - Bahrain
    - Kuwait
    - Oman
    - Qatar
    - Saudi Arabia
    - UAE
    - Rest of Middle East
    AFRICA
    - South Africa
    - Other African countries
    SOUTH AMERICA
    - Attractive destination for lithium-ion battery manufacturers to propel market
    COMPETITIVE LANDSCAPE
COMPETITIVE LANDSCAPE
214
  • 10.1 INTRODUCTION
  • 10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
  • 10.3 REVENUE ANALYSIS, 2021–2024
  • 10.4 MARKET SHARE ANALYSIS, 2024
    OVERALL LITHIUM-ION BATTERY MARKET SHARE ANALYSIS
    LITHIUM-ION BATTERY MARKET SHARE ANALYSIS FOR EV APPLICATION, BY INSTALLED CAPACITY
  • 10.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 10.6 BRAND COMPARISON
  • 10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2024
    - Company footprint
    - Region footprint
    - Battery type footprint
    - Application footprint
  • 10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
    - Detailed list of key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
    STARTUP LANDSCAPE ACROSS KEY SEGMENTS OF LITHIUM BATTERY VALUE CHAIN
  • 10.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES
    DEALS
    EXPANSIONS
    OTHER DEVELOPMENTS
COMPANY PROFILES
238
  • 11.1 KEY PLAYERS
    LG ENERGY SOLUTION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SAMSUNG SDI
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    PANASONIC HOLDINGS CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BYD COMPANY LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BAK POWER
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    CALB
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    CLARIOS
    - Business overview
    - Products/Solutions/Services offered
    ENERSYS
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    EVE ENERGY CO., LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    GOTION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    GS YUASA CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    MITSUBISHI ELECTRIC CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    SK INNOVATION CO., LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    TESLA
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    TOSHIBA CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    SUNWODA ELECTRONIC CO., LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    VARTA AG
    - Business overview
    - Products/Solutions/Services offered
  • 11.2 OTHER PLAYERS
    AESC GROUP LTD.
    AMPEREX TECHNOLOGY LIMITED
    AMPRIUS TECHNOLOGIES
    ENOVIX CORPORATION
    FARASIS ENERGY(GANZHOU)CO., LTD.
    GROUP14 TECHNOLOGIES, INC.
    IPOWER BATTERIES PRIVATE LIMITED
    LECLANCHÉ SA
    LITHIUMWERKS
    LYTEN, INC.
    NEXTECH BATTERIES
    PPBC (POLYPLUS BATTERY COMPANY)
    SAFT
    SILA NANOTECHNOLOGIES INC.
    SOLAREDGE
APPENDIX
314
  • 12.1 DISCUSSION GUIDE
  • 12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 12.3 CUSTOMIZATION OPTIONS
  • 12.4 RELATED REPORTS
  • 12.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 LITHIUM-ION BATTERY MARKET: RISK ANALYSIS
  • TABLE 2 LIST OF UPCOMING GLOBAL BESS PROJECTS
  • TABLE 3 LIST OF COMPANIES WITNESSED BANKRUPTCY IN LITHIUM-ION BATTERY MARKET
  • TABLE 4 LITHIUM-ION BATTERY ECOSYSTEM ANALYSIS
  • TABLE 5 PRICING RANGE OF LITHIUM-ION BATTERY PACKS OFFERED BY KEY PLAYERS, 2024
  • TABLE 6 AVERAGE SELLING PRICE TREND OF LFP AND NMC BATTERIES, 2021–2024 (USD/KWH)
  • TABLE 7 AVERAGE SELLING PRICE TREND OF LITHIUM-ION BATTERIES, BY REGION, 2021–2024 (USD/KWH)
  • TABLE 8 LITHIUM PRODUCTION, BY COUNTRY, 2023
  • TABLE 9 LARGEST OPERATIONAL GIGAFACTORIES WORLDWIDE
  • TABLE 10 UPCOMING GIGAFACTORIES WORLDWIDE
  • TABLE 11 LARGEST PE/VC-BACKED INVESTMENTS IN BATTERY ENERGY STORAGE SYSTEMS ANNOUNCED IN 2024
  • TABLE 12 LITHIUM-ION BATTERY MARKET: PORTER’S FIVE FORCES ANALYSIS
  • TABLE 13 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION
  • TABLE 14 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
  • TABLE 15 IMPORT DATA FOR HS CODE 850650-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 16 EXPORT DATA FOR HS CODE 850650-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
  • TABLE 17 LITHIUM-ION BATTERY MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2021–2024
  • TABLE 18 LITHIUM-ION BATTERY MARKET: LIST OF KEY CONFERENCES AND EVENTS
  • TABLE 19 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 20 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 21 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 22 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 23 STANDARDS
  • TABLE 24 US-ADJUSTED RECIPROCAL TARIFF RATES
  • TABLE 25 KEY PRODUCT-RELATED TARIFF EFFECTIVE FOR LITHIUM-ION BATTERY MARKET
  • TABLE 26 EXPECTED CHANGE IN PRICES AND ANTICIPATED IMPACT ON APPLICATIONS MARKET DUE TO TARIFF
  • TABLE 27 KEY MATERIALS USED IN LITHIUM-ION BATTERY COMPONENTS
  • TABLE 28 COMPARISON OF LITHIUM-ION BATTERY TYPES BASED ON DIFFERENT PARAMETERS
  • TABLE 29 LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD BILLION)
  • TABLE 30 LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD BILLION)
  • TABLE 31 NMC: LITHIUM-ION BATTERY MARKET, BY APPLICATION,2021–2024 (USD BILLION)
  • TABLE 32 NMC: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 33 NMC: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 34 NMC: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 35 LFP: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD BILLION)
  • TABLE 36 LFP: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 37 LFP: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 38 LFP: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 39 LCO: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD BILLION)
  • TABLE 40 LCO: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 41 LCO: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 42 LCO: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 43 LTO: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD BILLION)
  • TABLE 44 LTO: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 45 LTO: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 46 LTO: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 47 LMO: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD BILLION)
  • TABLE 48 LMO: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 49 LMO: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 50 LMO: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 51 NCA: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD BILLION)
  • TABLE 52 NCA: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 53 NCA: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 54 NCA: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 55 LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD BILLION)
  • TABLE 56 LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 57 EVS: LITHIUM-ION BATTERY MARKET, BY INSTALLED CAPACITY, 2021–2024 (GWH)
  • TABLE 58 EVS: LITHIUM-ION BATTERY MARKET, BY INSTALLED CAPACITY, 2025–2033 (GWH)
  • TABLE 59 EVS: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2021–2024 (USD BILLION)
  • TABLE 60 EVS: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2025–2033 (USD BILLION)
  • TABLE 61 EVS: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD BILLION)
  • TABLE 62 EVS: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD BILLION)
  • TABLE 63 BATTERY TYPE/FORM USED BY OEMS, BY EV MODEL, 2025–2026
  • TABLE 64 BATTERY FORMS: ADVANTAGES AND DISADVANTAGES
  • TABLE 65 EVS: LITHIUM-ION BATTERY MARKET, BY BATTERY FORM, 2021–2024 (USD BILLION)
  • TABLE 66 EVS: LITHIUM-ION BATTERY MARKET, BY BATTERY FORM, 2025–2033 (USD BILLION)
  • TABLE 67 EVS : LITHIUM-ION BATTERY MARKET, BY VEHICLE TYPE, 2021–2024 (GWH)
  • TABLE 68 EVS: LITHIUM-ION BATTERY MARKET, BY VEHICLE TYPE, 2025–2033 (GWH)
  • TABLE 69 EVS: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 70 EVS: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 71 EVS: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 72 EVS: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 73 EVS: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 74 EVS: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 75 EVS: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 76 EVS: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 77 EVS: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 78 EVS: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 79 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY INSTALLED CAPACITY, 2021–2024 (GWH)
  • TABLE 80 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY INSTALLED CAPACITY, 2025–2033 (GWH)
  • TABLE 81 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2021–2024 (USD BILLION)
  • TABLE 82 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2025–2033 (USD BILLION)
  • TABLE 83 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD BILLION)
  • TABLE 84 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD BILLION)
  • TABLE 85 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY CONNECTION TYPE, 2021–2024 (USD BILLION)
  • TABLE 86 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY CONNECTION TYPE, 2025–2033 (USD BILLION)
  • TABLE 87 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY END USE, 2021–2024 (USD BILLION)
  • TABLE 88 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY END USE, 2025–2033 (USD BILLION)
  • TABLE 89 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 90 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 91 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 92 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 93 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 94 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 95 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 96 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 97 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 98 ENERGY STORAGE: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 99 INDUSTRIAL: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2021–2024 (USD MILLION)
  • TABLE 100 INDUSTRIAL: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2025–2033 (USD MILLION)
  • TABLE 101 INDUSTRIAL: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION)
  • TABLE 102 INDUSTRIAL: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD MILLION)
  • TABLE 103 INDUSTRIAL: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 104 INDUSTRIAL: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD MILLION)
  • TABLE 105 INDUSTRIAL: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 106 INDUSTRIAL: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 107 INDUSTRIAL: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 108 INDUSTRIAL: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 109 INDUSTRIAL: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 110 INDUSTRIAL: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 111 INDUSTRIAL: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 112 INDUSTRIAL: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2025–2033 (USD MILLION)
  • TABLE 113 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET, BY PRODUCT TYPE, 2021–2024 (USD BILLION)
  • TABLE 114 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET, BY PRODUCT TYPE, 2025–2033 (USD BILLION)
  • TABLE 115 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2021–2024 (USD BILLION)
  • TABLE 116 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2025–2033 (USD BILLION)
  • TABLE 117 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD BILLION)
  • TABLE 118 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD BILLION)
  • TABLE 119 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 120 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 121 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 122 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 123 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 124 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 125 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 126 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 127 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 128 CONSUMER ELECTRONICS: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 129 MEDICAL: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2021–2024 (USD MILLION)
  • TABLE 130 MEDICAL: LITHIUM-ION BATTERY MARKET, BY BATTERY CAPACITY, 2025–2033 (USD MILLION)
  • TABLE 131 MEDICAL: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION)
  • TABLE 132 MEDICAL: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD MILLION)
  • TABLE 133 MEDICAL: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 134 MEDICAL: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD MILLION)
  • TABLE 135 MEDICAL: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 136 MEDICAL: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 137 MEDICAL: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 138 MEDICAL: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 139 MEDICAL: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 140 MEDICAL: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 141 MEDICAL: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 142 MEDICAL: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2025–2033 (USD MILLION)
  • TABLE 143 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION)
  • TABLE 144 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD MILLION)
  • TABLE 145 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 146 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD MILLION)
  • TABLE 147 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 148 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 149 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 150 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET IN EUROPE, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 151 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 152 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 153 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 154 OTHER APPLICATIONS: LITHIUM-ION BATTERY MARKET IN ROW, BY REGION, 2025–2033 (USD MILLION)
  • TABLE 155 LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD BILLION)
  • TABLE 156 LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD BILLION)
  • TABLE 157 NORTH AMERICA: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 158 NORTH AMERICA: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 159 NORTH AMERICA: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD BILLION)
  • TABLE 160 NORTH AMERICA: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD BILLION)
  • TABLE 161 NORTH AMERICA: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD BILLION)
  • TABLE 162 NORTH AMERICA: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 163 EUROPE: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 164 EUROPE: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 165 EUROPE: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD BILLION)
  • TABLE 166 EUROPE: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD BILLION)
  • TABLE 167 EUROPE: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD BILLION)
  • TABLE 168 EUROPE: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 169 ASIA PACIFIC: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2021–2024 (USD BILLION)
  • TABLE 170 ASIA PACIFIC: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2025–2033 (USD BILLION)
  • TABLE 171 ASIA PACIFIC: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD BILLION)
  • TABLE 172 ASIA PACIFIC: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD BILLION)
  • TABLE 173 ASIA PACIFIC: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD BILLION)
  • TABLE 174 ASIA PACIFIC: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2025–2033 (USD BILLION)
  • TABLE 175 ROW: LITHIUM-ION BATTERY MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 176 ROW: LITHIUM-ION BATTERY MARKET, BY REGION, 2025–2033 (USD MILLION)
  • TABLE 177 ROW: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION)
  • TABLE 178 ROW: LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE, 2025–2033 (USD MILLION)
  • TABLE 179 ROW: LITHIUM-ION BATTERY MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 180 ROW: LITHIUM-ION BATTERY MARKET, BY APPLICATION,2025–2033 (USD MILLION)
  • TABLE 181 MIDDLE EAST: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 182 MIDDLE EAST: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 183 AFRICA: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 184 AFRICA: LITHIUM-ION BATTERY MARKET, BY COUNTRY, 2025–2033 (USD MILLION)
  • TABLE 185 LITHIUM-ION BATTERY MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024
  • TABLE 186 LITHIUM-ION BATTERY MARKET: DEGREE OF COMPETITION, 2024
  • TABLE 187 LITHIUM-ION BATTERY MARKET: DEGREE OF COMPETITION FOR EVS APPLICATIONS, 2024
  • TABLE 188 LITHIUM-ION BATTERY MARKET: REGION FOOTPRINT
  • TABLE 189 LITHIUM-ION BATTERY MARKET: BATTERY TYPE FOOTPRINT
  • TABLE 190 LITHIUM-ION BATTERY MARKET: APPLICATION FOOTPRINT
  • TABLE 191 LITHIUM-ION BATTERY MARKET: DETAILED LIST OF KEY STARTUPS/SMES
  • TABLE 192 LITHIUM-ION BATTERY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 193 LITHIUM-ION BATTERY MARKET: PRODUCT LAUNCHES, JANUARY 2021–MAY 2025
  • TABLE 194 LITHIUM-ION BATTERY MARKET: DEALS, JANUARY 2021–MAY 2025
  • TABLE 195 LITHIUM-ION BATTERY MARKET: EXPANSIONS, JANUARY 2021–MAY 2025
  • TABLE 196 LITHIUM-ION BATTERY MARKET: OTHER DEVELOPMENTS, JANUARY 2021–MAY 2025
  • TABLE 197 LG ENERGY SOLUTION: COMPANY OVERVIEW
  • TABLE 198 LG ENERGY SOLUTION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 199 LG ENERGY SOLUTION: PRODUCT LAUNCHES
  • TABLE 200 LG ENERGY SOLUTION: DEALS
  • TABLE 201 LG ENERGY SOLUTION: EXPANSIONS
  • TABLE 202 SAMSUNG SDI: COMPANY OVERVIEW
  • TABLE 203 SAMSUNG SDI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 204 SAMSUNG SDI: DEALS
  • TABLE 205 SAMSUNG SDI: EXPANSIONS
  • TABLE 206 SAMSUNG SDI: OTHER DEVELOPMENTS
  • TABLE 207 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
  • TABLE 208 PANASONIC HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 209 PANASONIC HOLDINGS CORPORATION: DEALS
  • TABLE 210 PANASONIC HOLDINGS CORPORATION: EXPANSIONS
  • TABLE 211 PANASONIC HOLDINGS CORPORATION: OTHER DEVELOPMENTS
  • TABLE 212 BYD COMPANY LTD.: COMPANY OVERVIEW
  • TABLE 213 BYD COMPANY LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 214 BYD COMPANY LTD.: DEALS
  • TABLE 215 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: COMPANY OVERVIEW
  • TABLE 216 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 217 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: PRODUCT LAUNCHES
  • TABLE 218 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: DEALS
  • TABLE 219 BAK POWER: COMPANY OVERVIEW
  • TABLE 220 BAK POWER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 221 BAK POWER: PRODUCT LAUNCHES
  • TABLE 222 BAK POWER: EXPANSIONS
  • TABLE 223 CALB: COMPANY OVERVIEW
  • TABLE 224 CALB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 225 CALB: PRODUCT LAUNCHES
  • TABLE 226 CLARIOS: COMPANY OVERVIEW
  • TABLE 227 CLARIOS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 228 ENERSYS: COMPANY OVERVIEW
  • TABLE 229 ENERSYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 230 ENERSYS: DEALS
  • TABLE 231 ENERSYS: EXPANSIONS
  • TABLE 232 EVE ENERGY CO., LTD.: COMPANY OVERVIEW
  • TABLE 233 EVE ENERGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 234 EVE ENERGY CO., LTD.: PRODUCT LAUNCHES
  • TABLE 235 EVE ENERGY CO., LTD.: DEALS
  • TABLE 236 GOTION: COMPANY OVERVIEW
  • TABLE 237 GOTION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 238 GOTION: DEALS
  • TABLE 239 GS YUASA CORPORATION: COMPANY OVERVIEW
  • TABLE 240 GS YUASA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 241 GS YUASA CORPORATION: DEALS
  • TABLE 242 GS YUASA CORPORATION: OTHER DEVELOPMENTS
  • TABLE 243 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
  • TABLE 244 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 245 SK INNOVATION CO., LTD.: COMPANY OVERVIEW
  • TABLE 246 SK INNOVATION CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 247 SK INNOVATION CO., LTD.: DEALS
  • TABLE 248 TESLA: COMPANY OVERVIEW
  • TABLE 249 TESLA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 250 TESLA: DEVELOPMENTS
  • TABLE 251 TOSHIBA CORPORATION: COMPANY OVERVIEW
  • TABLE 252 TOSHIBA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 253 TOSHIBA CORPORATION: PRODUCT LAUNCHES
  • TABLE 254 TOSHIBA CORPORATION: DEALS
  • TABLE 255 SUNWODA ELECTRONIC CO., LTD.: COMPANY OVERVIEW
  • TABLE 256 SUNWODA ELECTRONIC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 257 SUNWODA ELECTRONIC CO., LTD.: DEALS
  • TABLE 258 VARTA AG: COMPANY OVERVIEW
  • TABLE 259 VARTA AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
LIST OF FIGURES
 
  • FIGURE 1 LITHIUM-ION BATTERY MARKET SEGMENTATION
  • FIGURE 2 LITHIUM-ION BATTERY MARKET: RESEARCH DESIGN
  • FIGURE 3 LITHIUM-ION BATTERY MARKET: RESEARCH APPROACH
  • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR LITHIUM-ION BATTERY MARKET: SUPPLY-SIDE ANALYSIS
  • FIGURE 7 DATA TRIANGULATION
  • FIGURE 8 ASSUMPTIONS
  • FIGURE 9 LITHIUM-ION BATTERY MARKET, 2021–2033
  • FIGURE 10 LFP BATTERY TYPE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2033
  • FIGURE 11 ENERGY STORAGE SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 12 ASIA PACIFIC TO LEAD GLOBAL LITHIUM-ION BATTERY MARKET DURING FORECAST PERIOD
  • FIGURE 13 RISING SALES OF BATTERY-OPERATED ELECTRIC VEHICLES GLOBALLY TO DRIVE MARKET
  • FIGURE 14 EVS SEGMENT TO DOMINATE MARKET, BY APPLICATION, IN 2033
  • FIGURE 15 HISTORICAL AND PROJECTED DATA ON BATTERY CAPACITY INSTALLATIONS WORLDWIDE, 2021–2033
  • FIGURE 16 EVS SEGMENT AND CHINA TO HOLD LARGEST SHARE OF LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC IN 2033
  • FIGURE 17 INDIA TO RECORD HIGHEST CAGR IN GLOBAL LITHIUM-ION BATTERY BETWEEN 2025 AND 2033
  • FIGURE 18 LITHIUM-ION BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 19 ELECTRIC CAR SALES, 2018–2024
  • FIGURE 20 LITHIUM-ION BATTERY MARKET: IMPACT ANALYSIS OF DRIVERS
  • FIGURE 21 LITHIUM-ION BATTERY MARKET: IMPACT ANALYSIS OF RESTRAINTS
  • FIGURE 22 LITHIUM-ION BATTERY MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
  • FIGURE 23 LITHIUM-ION BATTERY MARKET: IMPACT ANALYSIS OF CHALLENGES
  • FIGURE 24 LITHIUM-ION BATTERY VALUE CHAIN ANALYSIS
  • FIGURE 25 KEY PLAYERS IN LITHIUM-ION BATTERY ECOSYSTEM
  • FIGURE 26 AVERAGE SELLING PRICE TREND OF LITHIUM-ION BATTERIES, 2021–2033
  • FIGURE 27 AVERAGE SELLING PRICE TREND OF LFP AND NMC BATTERIES, 2021–2024
  • FIGURE 28 AVERAGE SELLING PRICE TREND OF LITHIUM-ION BATTERIES, BY REGION, 2021–2024
  • FIGURE 29 LITHIUM-ION BATTERY MANUFACTURING CAPACITY OF DIFFERENT COUNTRIES, 2022 VS. 2025 VS. 2030
  • FIGURE 30 TRENDS/DISRUPTIONS INFLUENCING PLAYERS IN LITHIUM-ION BATTERY MARKET
  • FIGURE 31 GLOBAL EV BATTERY INVESTMENT AND VC FUNDING SCENARIO, 2018–2024
  • FIGURE 32 GLOBAL INVESTMENT AND PE/VC FUNDING SCENARIO FOR BATTERY ENERGY STORAGE SYSTEMS, 2020–2024
  • FIGURE 33 LITHIUM-ION BATTERY MARKET: PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
  • FIGURE 35 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
  • FIGURE 36 IMPORT SCENARIO FOR HS CODE 850650-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024
  • FIGURE 37 EXPORT SCENARIO FOR HS CODE 850650-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024
  • FIGURE 38 LITHIUM-ION BATTERY MARKET: PATENT ANALYSIS, 2014–2024
  • FIGURE 39 KEY AI USE CASES IN LITHIUM-ION BATTERY MARKET
  • FIGURE 40 LITHIUM-ION BATTERY MARKET, BY TYPE
  • FIGURE 41 LFP SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 42 PERFORMANCE PARAMETERS OF NMC BATTERIES
  • FIGURE 43 PERFORMANCE PARAMETERS OF LFP BATTERIES
  • FIGURE 44 PERFORMANCE PARAMETERS OF LCO BATTERIES
  • FIGURE 45 PERFORMANCE PARAMETERS OF LTO BATTERIES
  • FIGURE 46 PERFORMANCE PARAMETERS OF LMO BATTERIES
  • FIGURE 47 PERFORMANCE PARAMETERS OF NCA BATTERIES
  • FIGURE 48 LITHIUM-ION BATTERY MARKET, BY APPLICATION
  • FIGURE 49 EVS SEGMENT TO HOLD PROMINENT MARKET SHARE IN 2033
  • FIGURE 50 LITHIUM-ION BATTERY MARKET, BY REGION
  • FIGURE 51 INDIA TO REGISTER HIGHEST CAGR IN GLOBAL LITHIUM-ION BATTERY MARKET DURING FORECAST PERIOD
  • FIGURE 52 ASIA PACIFIC TO RECORD HIGHEST CAGR FROM 2025 TO 2033
  • FIGURE 53 NORTH AMERICA: LITHIUM-ION BATTERY MARKET SNAPSHOT
  • FIGURE 54 US HELD LARGEST SHARE OF NORTH AMERICAN MARKET IN 2024
  • FIGURE 55 EUROPE: LITHIUM-ION BATTERY MARKET SNAPSHOT
  • FIGURE 56 UK TO RECORD HIGHEST CAGR IN EUROPEAN LITHIUM-ION BATTERY MARKET DURING FORECAST PERIOD
  • FIGURE 57 ASIA PACIFIC: LITHIUM-ION BATTERY MARKET SNAPSHOT
  • FIGURE 58 CHINA TO CAPTURE LARGEST SHARE OF ASIA PACIFIC MARKET IN 2033
  • FIGURE 59 EMERGING BATTERY POWERHOUSES: INDIA’S GIGAFACTORY MAP
  • FIGURE 60 MIDDLE EAST TO EMERGE AS FASTEST-GROWING REGION IN LITHIUM-ION BATTERY MARKET IN ROW DURING FORECAST PERIOD
  • FIGURE 61 LITHIUM-ION BATTERY MARKET: REVENUE ANALYSIS, 2021–2024
  • FIGURE 62 LITHIUM-ION BATTERY MARKET SHARE ANALYSIS, 2024
  • FIGURE 63 COMPANY VALUATION
  • FIGURE 64 FINANCIAL METRICS (EV/EBITDA)
  • FIGURE 65 BRAND COMPARISON
  • FIGURE 66 LITHIUM-ION BATTERY MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
  • FIGURE 67 LITHIUM-ION MARKET: COMPANY FOOTPRINT
  • FIGURE 68 LITHIUM-ION BATTERY MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024
  • FIGURE 69 LITHIUM BATTERY STARTUP LANDSCAPE
  • FIGURE 70 LG ENERGY SOLUTION: COMPANY SNAPSHOT
  • FIGURE 71 SAMSUNG SDI: COMPANY SNAPSHOT
  • FIGURE 72 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT
  • FIGURE 73 BYD COMPANY LTD.: COMPANY SNAPSHOT
  • FIGURE 74 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED: COMPANY SNAPSHOT
  • FIGURE 75 CALB: COMPANY SNAPSHOT
  • FIGURE 76 ENERSYS: COMPANY SNAPSHOT
  • FIGURE 77 EVE ENERGY CO., LTD.: COMPANY SNAPSHOT
  • FIGURE 78 GOTION: COMPANY SNAPSHOT
  • FIGURE 79 GS YUASA CORPORATION: COMPANY SNAPSHOT
  • FIGURE 80 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
  • FIGURE 81 SK INNOVATION CO., LTD.: COMPANY SNAPSHOT
  • FIGURE 82 TESLA: COMPANY SNAPSHOT
  • FIGURE 83 TOSHIBA CORPORATION: COMPANY SNAPSHOT
  • FIGURE 84 SUNWODA ELECTRONIC CO., LTD.: COMPANY SNAPSHOT
  • FIGURE 85 VARTA AG: COMPANY SNAPSHOT

The study involved four major activities in estimating the current size of the lithium-ion battery market. Exhaustive secondary research has been conducted to gather information on the market, adjacent markets, and the overall lithium-ion battery landscape. These findings, along with assumptions and projections, were validated through primary research involving interviews with industry experts and key stakeholders across the value chain. Both top-down and bottom-up approaches were utilized to estimate the overall market size. Subsequently, market breakdown and data triangulation techniques were applied to determine the sizes of various segments and subsegments. Two key sources, secondary and primary, were leveraged to conduct a comprehensive technical and commercial assessment of the lithium-ion battery market.

Secondary Research

Various secondary sources have been referred to in the secondary research process to identify and collect important information for this study. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers; journals and certified publications; and articles from recognized authors, websites, directories, and databases. Secondary research has been conducted to obtain key information about the industry’s supply chain, the market’s value chain, the total pool of key players, market segmentation according to the industry trends (to the bottom-most level), regional markets, and key developments from market- and technology-oriented perspectives. The secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.

Primary Research

Extensive primary research was conducted after gaining knowledge about the current scenario of the lithium-ion battery market through secondary research. Several primary interviews were conducted with experts from the demand and supply sides across four major regions: North America, Europe, Asia Pacific, and RoW. This primary data was collected through questionnaires, emails, and telephone interviews.

Lithium-ion Battery Market Size, and Share

Note: Three tiers of companies are defined based on their total revenue as of 2024: tier 3 = revenue less than USD 500 million; tier 2 = revenue between USD 500 million and USD 5 billion; and tier 1 = revenue more than USD 5 billion. Other designations include sales, marketing, and product managers.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the lithium-ion battery market. These methods have also been used extensively to estimate the size of various subsegments in the market. The following research methodology has been used to estimate the market size:

  • Major players in the industry and markets were identified through extensive secondary research.
  • The industry’s value chain and market size (in terms of value) were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Lithium-ion Battery Market : Top-Down and Bottom-Up Approach

Lithium-ion Battery Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall size of the lithium-ion battery market from the market size estimation process explained above, the total market has been split into several segments and subsegments. Data triangulation and market breakdown procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data has been triangulated by studying various factors and trends from the demand and supply sides. Additionally, the market size has been validated using top-down and bottom-up approaches.

Market Definition

The lithium-ion battery market includes a broad range of rechargeable battery technologies that use lithium ions as the core component for energy transfer. These batteries are widely used in applications such as electric vehicles (EVs), energy storage, consumer electronics, industrial machinery, and medical equipment. The market covers several chemistries, such as lithium iron phosphate (LFP), nickel manganese cobalt (NMC), lithium nickel cobalt aluminum oxide (NCA), lithium titanate oxide (LTO), lithium cobalt oxide (LCO) and lithium manganese oxide (LMO), each selected based on specific performance, safety, and cost requirements. Li-ion batteries are known for their high energy density, long service life, fast charging capability, and low maintenance. Market growth is primarily driven by the rising adoption of EVs, expanding renewable energy infrastructure, and increasing demand for compact and efficient power storage solutions across residential, commercial, and industrial sectors.

Key Stakeholders

  • Lithium-ion battery manufacturers
  • Government bodies and policymakers
  • Standards organizations, forums, alliances, and associations
  • Market research and consulting firms
  • Raw material suppliers and distributors
  • Research institutes and organizations
  • Material and technology providers
  • Battery cell and battery pack manufacturers
  • Consumer electronics manufacturers
  • Testing, inspection, and certification providers
  • Distributors and resellers

Report Objectives

  • To define, describe, and forecast the lithium-ion battery market in terms of battery type, application, and region
  • To forecast the lithium-ion battery market, based on installed capacity (GWh)
  • To describe and forecast the market, in terms of value, with regard to four main regions: North America, Europe, Asia Pacific, and Rest of the World (RoW), along with their respective countries
  • To provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
  • To provide a detailed overview of the value chain of the lithium-ion battery market.
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the lithium-ion battery market
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the lithium-ion battery market.
  • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
  • To analyze competitive strategies, such as product launches, expansions, mergers and acquisitions, adopted by key market players in the lithium-ion battery market.

Available customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiling of additional market players (up to 5)

Previous Versions of this Report

Lithium-ion Battery Market by Type (NMC, LFP, LCO, LTO, LMO, NCA), Capacity (Below 3,000 mAh, 3,001 mAh–10,000 mAh, 10,001 mAh–60,000 mAh, Above 60,000 mAh), Voltage (Below 12V, 12V–36V, Above 36V), Application and Region - Global Forecast to 2032

Report Code SE 4967
Published in Aug, 2023, By MarketsandMarkets™

Lithium-ion Battery Market by Type (Lithium Nickel Manganese Cobalt Oxide (LI-NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO)), Capacity, Voltage, Industry (Consumer Electronics, Automotive, Aerospace) – Global Forecast to 2031

Report Code SE 4967
Published in Sep, 2022, By MarketsandMarkets™

Lithium-Ion Battery Market with COVID-19 Impact Analysis, by Type (Li-NMC, LFP, LCO, LTO, LMO, NCA), Capacity, Voltage, Industry (Consumer Electronics, Automotive, Power, Industrial), & Region (North America, Europe, APAC & RoW) - Global Forecast to 2030

Report Code SE 4967
Published in Jun, 2021, By MarketsandMarkets™

Lithium-Ion Battery Market by Type (Li-NMC, LFP, LCO, LTO), Power Capacity (0-3,000 mAh, 3,000 mAh-10,000 mAh, 10,000 mAh-60,000 mAh, above 60,000 mAh), Industry (Consumer Electronics, Automotive, Industrial), Voltage, Region – Global Forecast to 2025

Report Code SE 4967
Published in Apr, 2020, By MarketsandMarkets™

Lithium Ion Battery Market by Type (Li-NMC, LFP, LCO, LTO, LMO, NCA), power Capacity (0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh), Industry (Consumer Electronics, Automotive, Medical, Industrial), and Region - Global Forecast to 2024

Report Code SE 4967
Published in Jan, 2019, By MarketsandMarkets™

Lithium Ion Battery Market by Type (Li-NMC, LFP, LCO, LTO, LMO, NCA), power Capacity (0 to 3000mAh, 3000mAh to 10000mAh, 10000mAh to 60000mAh), Industry (Consumer Electronics, Automotive, Medical, Industrial), and Region - Global Forecast to 2024

Report Code SE 4967
Published in Jan, 2017, By MarketsandMarkets™
"Our USP is "providing game-changing business opportunities reports with free customization" - so please feel free to provide us with your specific areas of interest / business challenges in much greater detail !!"

We appreciate your interest in this report. Once you fill out the form, you'll be immediately directed to an exclusive solution tailored to your needs. This high-value offering can help boost your revenue by 30% - a must-see opportunity for anyone looking to maximize growth.

By clicking the "Submit" button, you are agreeing to the Terms of Use and Privacy Policy.

Custom Market Research Services

We Will Customise The Research For You, In Case The Report Listed Above Does Not Meet With Your Requirements

Get 10% Free Customisation

Growth opportunities and latent adjacency in Lithium-ion Battery Market

Aytak

Apr, 2022

I would like to have a general idea about the future of Lithium-Ion Battery Market size on a global scale and in Austria specifically..

©2025 Marketsandmarkets Research Private Ltd. All Rights Reserved.

DMCA.com Protection Status