Global Organization
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.
But a 2022 analysis by the McKinsey Battery Insights team projects that the entire lithium-ion (Li-ion) battery chain, from mining through recycling, could grow by over 30 percent annually from 2022 to 2030, when it would reach a value of more than $400 billion and a market size of 4.7 TWh. 1
Germany is the world’s leading market for energy storage systems as well as the development of renewable energies. Rapidly growing market for electric vehicles in Asia Pacific countries, such as India and China, is one of the major factors that is positively influencing the demand for Li-ion batteries.
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.
Automotive lithium-ion (Li-ion) battery demand increased by about 65% to 550 GWh in 2022, from about 330 GWh in 2021, primarily as a result of growth in electric passenger car sales, with new registrations increasing by 55% in 2022 relative to 2021.
European battery market is segmented by type, technology, application, and geography. By type, the market is segmented into primary batteries and secondary batteries. By technology, the market is segmented into lead-acid batteries, lithium-ion batteries, and other technologies.
The market for recycling lithium-ion batteries has seen significant growth, primarily fueled by the boom in electric vehicle production that depends on these batteries. This expansion is propelled by a combination of …
Lithium Market Size & Trends . The global lithium market size was estimated at USD 31.75 billion in 2023 and is expected to grow at a CAGR of 17.7% from 2024 to 2030. Vehicle electrification is projected to attract a significant volume of …
Automotive lithium-ion (Li-ion) battery demand increased by about 65% to 550 GWh in 2022, from about 330 GWh in 2021, primarily as a result of growth in electric passenger car sales, with …
An overview of the global market for lithium-ion battery; Analyses of the global market trends, …
Lithium-Ion Battery Recycling Market Size. The global lithium-ion battery recycling market was valued at USD 5.4 Billion in 2023 and is estimated to grow at a CAGR of 20.6% from 2024 to …
Lithium-Ion Battery Market Overview . The global lithium-ion battery market is estimated to be at $90.23 Bn in 2024 and is anticipated to reach $178.87 Bn in 2029. The …
Over the medium term, major factors driving the market include declining lithium-ion battery prices, rapid adoption of electric vehicles, growing renewable sector, and increased sale of …
Interact Analysis''s latest Li-ion battery and Manufacturing Equipment Market Tracker collects and collates trends from major battery suppliers and equipment manufacturers around the world. …
Lithium-Ion Battery Market Overview . The global lithium-ion battery market is estimated to be at $90.23 Bn in 2024 and is anticipated to reach $178.87 Bn in 2029. The global lithium-ion battery market is registering a …
Automotive lithium-ion (Li-ion) battery demand increased by about 65% to 550 GWh in 2022, from about 330 GWh in 2021, primarily as a result of growth in electric passenger car sales, with new registrations increasing by 55% in 2022 …
Li Ion Battery Market Segment Analysis: Li Ion Battery Market Segmented on the Product Type, Capacity, Voltage, and Application. By Type, Lithium Cobalt Oxide (LCO) segment is expected …
Report Overview. The global Lithium Ion Battery Market size is expected to be worth around USD 307.8 billion by 2032, from USD 70.7 Billion in 2023, growing at a CAGR of 18.3% during the …
battery cell market of the current decade is estimated to be approximately 26%. According to …
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. ... Lithium-ion Battery Market Size, …
Lithium-ion Battery Market Analysis. The Li-ion battery market generated revenue of USD 54.2 billion in 2023, which is expected to witness a CAGR of 15.5% during 2024–2030, to reach …
France Battery Market was valued at USD 3.16 billion in 2022, and is predicted to reach USD 12.64 billion by 2030, with a CAGR of 18.9% from 2023 to 2030. A battery is a device that …
This report forecasts volume and revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has …
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 …
France Battery Market was valued at USD 3.16 billion in 2022, and is predicted to reach USD …
Over the medium term, major factors driving the market include declining lithium-ion battery prices, rapid adoption of electric vehicles, growing renewable sector, and increased sale of consumer electronics. On the other hand, the demand …
Lithium Ion Battery Market Size and Trends. The lithium ion battery market is estimated to be valued at USD 63.70 Bn in 2024 and is expected to reach USD 192.33 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of …
Li Ion Battery Market Segment Analysis: Li Ion Battery Market Segmented on the Product Type, Capacity, Voltage, and Application. By Type, Lithium Cobalt Oxide (LCO) segment is expected to dominate the market during the forecast period
This report provides an in-depth analysis of the lithium battery market in France. Within it, you will discover the latest data on market trends and opportunities by country, …
3.1 Market size of Lithium-Ion Battery 3.1.1 Market Size of Lithium-Ion Battery Globally. Bloomberg New Energy Finance (BNEF) projected the LIB market growth to rise ten …
battery cell market of the current decade is estimated to be approximately 26%. According to the middle path of realistic scenarios in Figure 1, the battery demand will rise to 3.2 terawatt hours …
This report forecasts volume and revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to …
An overview of the global market for lithium-ion battery; Analyses of the global market trends, with sales data for 2023, estimates for 2024, and projections of compound annual growth rates …
Lithium-Ion Battery Recycling Market size was valued at USD 6.55 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 19.7% through 2024 to 2030, reaching nearly USD …