What is the global lithium-ion battery market size?
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.
What is the future of lithium-ion battery market?
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.. The global Lithium-ion Battery Market 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 CAGR of 14.2% during the forecast period.
How big is the lithium-ion battery market in 2023?
The global lithium-ion battery market was valued at USD 64.84 billion in 2023 and is projected to grow from USD 79.44 billion in 2024 to USD 446.85 billion by 2032, exhibiting a CAGR of 23.33% during the forecast period. Asia-Pacific dominated the lithium-ion battery market with a market share of 48.45% in 2023.
How is the lithium-ion battery market segmented?
The Lithium-Ion Battery market is segmented into products and applications in our research scope. In 2021, the LCO segment’s revenue share was over 30%, which was the highest.
How will rising demand for lithium-ion batteries affect the battery industry?
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.
What are some examples of a high demand for lithium batteries?
For instance, in May 2019, a Chinese lithium battery manufacturer, Farasis Energy, announced investing USD 674 million to build a lithium-ion battery manufacturing plant in Germany. The consumption of electronic gadgets, such as mobile phones, and laptops, is increasing significantly across North America, creating huge battery demand.
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Lithium-ion battery market
This statistic displays the estimated consumer electronics lithium-ion battery market between 2015 and 2025.
Get Price →Lithium-ion Battery Market Size, Share and …
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 & …
Get Price →Lithium-ion batteries
EVs predominantly rely on lithium-ion batteries for power and accounted for over 80 percent of …
Get Price →Lithium-ion battery demand forecast for 2030
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 …
Get Price →Lithium-ion Battery Market Size share Forecast 2030
Global lithium-ion battery Market is expected To Grow from USD 65.9 Bn in 2021 to USD 273.8 Bn by 2030, at a CAGR of 19.3% during the forecast 2030 ... wearable devices, and other similar items. The constant advancement of the consumer electronics industry has resulted in a growth in the use of lithium-ion batteries in various applications ...
Get Price →North America Lithium-ion Battery Market Size | Report, 2030
The North America lithium-ion battery market size was estimated at USD 14.8 billion in 2023 and projected to grow at a CAGR of 20.9% from 2024 to 2030. ... Rechargeable batteries are being used more frequently as a result of the rise in portable consumer electronics that use batteries. Portable electronic gadgets including MP3 players, digital ...
Get Price →Battery Market Size, Share & Growth | Industry Report, 2030
The global battery market size was valued at USD 134,622.4 million in 2024 and is expected to grow at a CAGR of 16.4% from 2025 to 2030. ... Lithium-ion batteries are rechargeable batteries commonly used in consumer electronics, electric vehicles (EVs), and energy storage systems. ...
Get Price →Lithium-ion Battery Market Size to Reach USD 470.5 bn in 2033
Lithium-ion Battery Market size is expected to reach a market value of USD 84.3 bn in 2024 which is further projected to be valued at USD 470.5 bn in 2033 at a CAGR of 21.0%. ... the growing interest in IoT devices with various features like activity trackers and smartwatches most work with lithium-ion batteries so the consumer electronics ...
Get Price →Lithium-ion Battery Market Size & Share | Industry Growth …
Lithium-ion battery market is projected to reach $189.4 billion by 2032, growing at a CAGR of 15.2% from 2023 to 2032. Lithium-ion batteries are set to shape the future of power storage with their enduring advancements and attainable applications. ... The escalating demand for energy storage solutions in both the consumer and industrial sectors ...
Get Price →Understanding the Differences Between Consumer and Industrial Batteries
Rechargeable Li-ion: Rechargeable lithium-ion batteries come in both consumer and industrial grades. Consumer Li-ion batteries are often used in cell phones, laptops, and power tools. Li-ion chemistry has improved significantly over time and now offers increased energy density, which demands the use of overcharge protection circuitry to ensure ...
Get Price →Lithium-ion battery (LIB) manufacturing industry in India
The lithium-ion battery industry in India is predicted to grow from 2.9 gigawatt hour (GWh) in 2018 to about 132 GWh by 2030 (at a CAGR of 35.5%). ... and raw materials for advanced cell batteries) for the provision of customer-centric services, NITI Aayog designed the draft of the battery swapping policy. EVs with swappable batteries are ...
Get Price →Lithium-Ion Battery Market Size & Industry Share | 2034
According to the expert market research, lithium-ion battery market reached USD 42.90 Billion in 2024, set to grow at 10.80% CAGR to USD 119.63 Billion by 2034.
Get Price →Consumer lithium battery market analysis | Diyecobox
This article describes the current situation of the consumer lithium battery …
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All Industries; Consumer Goods & FMCG; E-Commerce; Economy & Politics ... Looking to the future of the battery industry, non-conventional lithium-ion batteries and other battery types are expected ...
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The global consumer battery market size was valued at approximately USD 22 billion in 2023 and is projected to reach USD 35 billion by 2032, registering a compound annual growth rate (CAGR) of 5.3% over the forecast period. ... Lithium-ion batteries represent the fastest-growing segment, driven by their high energy density, lightweight, and ...
Get Price →Lithium Ion Battery Market Is Moving Into Surge …
The global Li-ion battery market is moving into surge mode. Just look at the figures for 2020 – 2021. According to our newly released Li-ion battery database, global shipments in 2021 equated to 476.3 GWh, amounting to a 72.6% …
Get Price →Lithium-ion Battery Market Size, Share and Growth Analysis
The global Lithium-ion Battery Market 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 CAGR of 14.2% during the forecast period. ... FIGURE 15 GROWING DEMAND FOR LITHIUM-ION BATTERIES IN CONSUMER ELECTRONICS AND AUTOMOTIVE SECTORS TO DRIVE MARKET;
Get Price →Lithium-ion Battery Market Size | Mordor Intelligence
The Lithium-ion Battery Market size is estimated at USD 74.11 billion in 2025, and is expected to reach USD 145.60 billion by 2030, at a CAGR of 14.46% during the forecast period (2025-2030). The lithium-ion battery market is experiencing transformative changes driven by technological advancements and strategic collaborations among key players.
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World Consumer Li-Ion Rechargeable Battery Market by Application (2023): Percentage Breakdown of Volume Shipments for Mobile Phone, Notebook PC, Tablet PC and Others Widespread Use of Li-ion ...
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The report covers Global Consumer Battery Market Manufacturers and it is segmented by Technology Type (Lithium-ion Batteries, Zinc-carbon Batteries, Alkaline Batteries, Nickel Metal Hydride, Nickel Cadmium, and Other Types) …
Get Price →Lithium-Ion Battery Market Growth Analysis
Lithium-Ion Battery Market size is estimated to grow by USD 405.1 billion from 2024 to 2029 at a CAGR of 34.5% with the lease having the largest market size. ... 9.4 Consumer electronics - Market size and forecast 2024-2029. Chart on …
Get Price →Lithium Market Size, Share & Growth | Industry Report, 2030
It provides industrial-grade and battery-grade lithium carbonate, high-purity lithium carbonate, and lithium iron phosphate, among others. The products are mainly catered to the battery industry. The company''s annual production capacity of battery-grade lithium carbonate and lithium hydroxide is 6,000 tons and 2,000 tons, respectively.
Get Price →US Lithium-Ion Battery Market Size Reach $71.6 Billion 2032
The US Lithium-Ion Battery Market size is likely to reach USD 71.6 Billion by 2032 expanding at a CAGR of 20.1% from 2023 to 2032, report by CMI. ... COVID-19 caused a temporary slowdown in the production of electric vehicles, a major consumer of lithium-ion batteries. Reduced manufacturing activity in the automotive sector had a cascading ...
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Consumer Battery Market Size, Share & Industry Analysis, By Type (Primary, Secondary), By Battery Chemistry (Alkaline Battery, Zinc Carbon Battery, Lithium-ion Battery, Nickel Cadmium Battery, Nickel Metal Hydride, …
Get Price →National Blueprint for Lithium Batteries 2021-2030
Lithium-based batteries power our daily lives from consumer electronics to national defense. They enable electrification of . ... A robust, secure, domestic industrial base for lithium-based . batteries requires access to a reliable supply of raw, refined, and processed material inputs along with parallel efforts to .
Get Price →Global Consumer Battery Market Size Analysis Report, 2030
The consumer battery market is broadly segmented into battery type and application. The battery type segment is further categorized into zinc carbon battery, alkaline battery, lithium-ion battery, nickel cadmium battery, nickel metal hydride, and others. ... For instance, in November 2022, iM3NY, began its large scale production of Lithium-ion ...
Get Price →Lithium-ion Battery Market Size, Share & Trends …
The Global Lithium-ion Battery Market, valued at USD 48.19B in 2022, is projected to reach USD 182.53B by 2030, growing at a 18.1% CAGR. ... 3.12.1.2 Growing Consumption Of Rechargeable Batteries In Consumer Electronics …
Get Price →North America Lithium-ion Battery Market Size
North America Lithium Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) North America Lithium-Ion Battery Market is Segmented by Application (consumer Electronics, Industrial Batteries (motive, Stationary …
Get Price →Consumer Battery Market Size Growth Report 2024-2028
4 Historic Market Size. 4.1 Global consumer battery market 2018 - 2022. Exhibit 18: Historic Market Size – Data Table on global consumer battery market 2018 - 2022 ($ million) 4.2 Type Segment Analysis 2018 - 2022. Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ million) 4.3 End-user Segment Analysis 2018 - 2022
Get Price →Lithium-ion Battery Market Size, Share & Growth Report, …
Lithium-ion Battery Market Size & Trends. The global lithium-ion battery market size was …
Get Price →Lithium-Ion Battery Market Size, Growth Outlook 2025-2034
The lithium-ion battery market size crossed USD 75.2 billion in 2024 and is expected to grow at a CAGR of 15.8% from 2025 to 2034. Industry Reports ... Rising disposable income and growing adoption of wearable consumer electronics the demand for lithium-ion batteries is similarly rising. lithium-ion batteries are considered ideal choice in ...
Get Price →Global Lithium-Ion Battery Market Size, Trends, …
Rising demand for Consumer Electronics is Boosting the Demand for Lithium-Ion Battery Market. According to Custom Market Insights (CMI), The Global …
Get Price →Lithium-ion Battery Market Size to Hit USD 499.31 Billion by …
The global lithium-ion battery market size was valued at USD 97.88 billion in 2024 and is projected to hit around USD 499.31 billion by 2034 with a CAGR of 17.69%. ... the automobile sector has become the dominating and fastest-growing consumer of lithium-ion batteries globally, as well as in the Asia-Pacific region. China alone accounted for ...
Get Price →How do consumer and industrial Li batteries differ?
Consumer vs industrial Li-ions There''s a wide range of Li-ion chemistries each of which offers varying tradeoffs between energy density, cycle life, operating temperature ranges, and other specifications. That makes a comprehensive discussion of consumer versus industrial Li-ion batteries beyond the scope of this necessarily brief FAQ.
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