by
According to the Foreclaro Global Research, the
Global
Lithium-ion Battery Market size was valued at USD 58294.1 million in
2024. The report “Global
Lithium-ion Battery Market Segmentation, By Battery Type (Lithium
Cobalt Oxide (LCO), Lithium Iron Phosphate (LFP), Lithium Nickel Manganese
Cobalt Oxide (NMC), Lithium Nickel Cobalt Aluminium Oxide (NCA), Lithium
Titanate Oxide (LTO), Lithium Manganese Oxide (LMO)), By Component (Cathode, Anode,
Electrolyte, Separator, Current Collectors), By Capacity (0-3,000 mAh, 3,000-10,000
mAh, 10,000-60,000 mAh, Above 60,000 mAh), By Application (Consumer Electronics,
Electric Vehicles, Energy Storage Systems, Industrial, Power Tools, Marine)- Industry Trends and Forecast to
2033” gives a
detailed insight into current market dynamics and provides analysis on future
market growth.
Global Lithium-Ion Battery Market are used in
batteries are now widely, consumer electronics and EVs as well as renewable
energy storage systems. Compact, long-lasting, and energy-density batteries are
designed for reliable devices and systems. Hence, they possess these
characteristics. The use of lithium-ion batteries in the EV (electric vehicle)
revolution has experienced a significant surge, driven by government incentives
and global decarbonization goals. Furthermore, the integration of renewable
energy into power grids and other innovations led to a surge in the demand for
more efficient energy storage techniques. Battery performance, and cost are
steadily improving with faster charging, improved materials for anode/cathodes,
advanced solid-state innovations. Asia-Pacific contributes the most to global
production and exports while North America and Europe are building local giga
factories for supply chain security.
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Global
Lithium-ion Battery Market Report Highlights
· Electric
vehicle (EV) demand is on the rise, partly due to government subsidies and
increasing production by automakers.
· The
design of certain battery types, including NMC and LFP, is being enhanced to
meet the needs of automotive, aerospace, or grid storage due to their improved
energy density, safety, and lifecycle enhancements.
· CATL,
Tesla, and LG Energy Solution are rapidly expanding their gigafactory networks
across Asia, North America, and Europe to meet the growing global demand for
batteries.
· Solar
and wind projects are increasingly incorporating lithium-ion batteries into
their systems to ensure load balancing and grid stability. Renewable energy
systems benefit from this trend, too.
· Investments
in battery recycling technologies and second-life batteries are being fueled by
the growing circular economy practices.
Foreclaro Global Research has segmented the Lithium-ion
Battery Market report based on Battery Type, Components, Capacity, Application and
region:
Lithium-ion
Battery Market, Battery Type Outlook (Revenue - USD Million, 2020 - 2033)
Lithium
Cobalt Oxide (LCO)
Lithium
Iron Phosphate (LFP)
Lithium
Nickel Manganese Cobalt Oxide (NMC)
Lithium
Nickel Cobalt Aluminum Oxide (NCA)
Lithium
Titanate Oxide (LTO)
Lithium
Manganese Oxide (LMO)
Lithium-ion
Battery Market, Components Outlook (Revenue - USD Million, 2020 - 2033)
Cathode
Anode
Electrolyte
Separator
Current
Collectors
Lithium-ion
Battery Market, Capacity Outlook (Revenue - USD Million, 2020 - 2033)
0-3,000 mAh
3,000-10,000
mAh
10,000-60,000
mAh
Above
60,000 mAh
Lithium-ion
Battery Market, Application Outlook (Revenue - USD Million, 2020 - 2033)
Consumer
Electronics
Electric
Vehicles
Energy
Storage Systems
Industrial
Power Tools
Marine
Lithium-ion
Battery Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Lithium-ion Battery Market Key Players
·
CATL (Contemporary Amperex Technology Co.
Limited)
·
LG Energy Solution
·
Panasonic Holdings Corporation
·
BYD Company Ltd.
·
Samsung SDI
·
SK On
·
Tesla (Gigafactories)
·
CALB (China Aviation Lithium Battery)
·
AESC (Envision AESC)
·
BAK Power Battery
