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 would reach a value of more than $400 billion and a market size of 4.7 TWh. 1
Lithium-ion battery demand forecast for 2030
The global lithium-ion battery market size was valued at $46.2 billion in 2022, and lithium-ion battery industry is projected to reach $189.4 billion by 2032, growing at a CAGR of 15.2% from
Lithium-ion Battery Market Size, Share, Industry Insights
The global lithium-ion battery market is projected to reach $446.85 billion by 2032, driven by strong demand for electric vehicles and energy storage.
LATEST LITHIUM-ION BATTERY MARKET TRENDS
Key insights offered in the report are advancement in technology for Li-ion batteries by individual segments, recent industry developments such as partnerships, mergers & acquisitions, consolidated SWOT analysis of key players, Porter''s five forces analysis, business strategies of leading market players, macro and micro-economic indicators
Lithium-Ion Battery Recycling Market
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
Lithium-ion Battery Market Size & Share | Industry Growth Analysis
The global lithium-ion battery market size was valued at $46.2 billion in 2022, and lithium-ion battery industry is projected to reach $189.4 billion by 2032, growing at a CAGR of 15.2% from 2023 to 2032.
Lithium Market Size, Share & Growth
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
The Global Lithium Battery Market: Growth and
Among the major Lio-ion battery manufacturing companies, Albemarle Corporation (ALB) generates the highest profit, with a market value of 18.1 billion U.S. dollars. 4 Other key players, such as LG Energy Solutions
Lithium Ion Battery Market
Lithium Ion Battery Market – Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation by Type, Application, Material, Capacity and
Lithium-ion Battery Market Size, Share and Growth Analysis
The global lithium-ion battery market size is expected to grow from ~USD 130 billion in 2024 to ~USD 350 billion by 2033, at a CAGR of ~12% from 2024 to 2033. In terms of capacity, the total market for 2024 is estimated to be around ~1000 GWh and is expected to
LATEST LITHIUM-ION BATTERY MARKET TRENDS
Key insights offered in the report are advancement in technology for Li-ion batteries by individual segments, recent industry developments such as partnerships, mergers & acquisitions, consolidated
Lithium-Ion Batteries Market Size, Share
The global market for Lithium-Ion (Li-ion) Batteries was valued at US$65.7 Billion in 2024 and is projected to reach US$144.1 Billion by 2030, growing at a CAGR of 14.0% from 2024 to
Lithium Market Size, Share & Growth | Industry Report, 2030
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 lithium-ion batteries, which is anticipated to drive market growth over the forecast period.
Industrial Battery Market Size & Share Analysis
Industrial Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The Industrial Battery Market Report is Segmented by Technology (lithium-Ion Battery, Lead-Acid Battery, and Other Technologies (nickel
Lithium-ion Battery Market Trends, Opportunities and
The "Lithium-ion Battery Market: Trends, Opportunities and Competitive Analysis to 2030" report has been added to ResearchAndMarkets ''s offering.
Lithium-Ion Batteries Market Size, Share & Forecast to 2030
The global market for Lithium-Ion (Li-ion) Batteries was valued at US$65.7 Billion in 2024 and is projected to reach US$144.1 Billion by 2030, growing at a CAGR of 14.0% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Smart Battery Market Size, Industry Share, Forecast, 2032
Smart Battery Market Size, Share, and Industry Analysis By Type (Lead Acid, Lithium Ion, Nickel Cadmium, and Others), By Application (Consumer Electronics, Renewable Energy, Automotive, Industrial, and Military), and Regional Forecast till 2032 The lithium-ion segment is the second dominating segment in the secondary battery market. Lithium
Lithium-Ion Battery Metals Market
Lithium-Ion Battery Metals Market report by BIS Research provides deep market insight, industry analysis, trends & Strategies and Implementation that will help your business to grow. +1-510-404-8135 +44 7799 398228 Global Lithium
Industrial Batteries Market Size, Share | Global Report [2032]
Industrial Batteries Market Size, Share & Industry Analysis, By Type (Lead Acid Battery, Lithium-Ion Battery, and Others), By Application (Forklift, UPS/Data Centers, Telecom, Energy Storage System (ESS), and Others), and Regional Forecast, 2024-2032 Hence, lithium-ion batteries are considered one of the fastest-growing segments globally
2021 China Lithium Battery Industry Research and
GGII data shows that China''s lithium battery shipments in 2020 will be 143GWh, a year-on-year increase of 22%. It is expected that China''s lithium battery market shipments will reach 615GWh in 2025, and the compound annual growth rate
Lithium-ion Battery Market Size and Share | Analysis
Market Definition. The Lithium-ion Battery Market size was valued at USD 58.68 billion in 2023 and is predicted to reach USD 207.72 billion by 2030 with a CAGR of 23.5% from 2024-2030. Lithium-ion batteries are rechargeable batteries that use lithium-ions as the primary component of their electrochemical reaction.
Lithium-ion Battery Market Size & Trends
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
Lithium Ion Battery Market – Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation by Type, Application, Material, Capacity and Voltage.
Global Lithium-Ion (Li-ion) Batteries Market –Trends, Insights
Understand the latest market trends and future growth opportunities for the Lithium-Ion (Li-ion) Batteries industry globally with research from the Global Industry Reports team of in-country analysts – experts by industry and geographic specialization.
Lithium Ion Battery Market Size, Share
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
Lithium-ion Battery Market Size, Share and
The global lithium-ion battery market size is expected to grow from ~USD 130 billion in 2024 to ~USD 350 billion by 2033, at a CAGR of ~12% from 2024 to 2033. In terms of capacity, the
6 FAQs about [Industry and market analysis of lithium batteries]
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 global lithium market size?
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 lithium-ion batteries, which is anticipated to drive market growth over 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.
Why is the lithium-ion battery market growing?
The growth in the lithium-ion batteries market is driven by several factors, including the surging demand for electric vehicles, the increasing reliance on renewable energy sources, and significant advancements in battery technology.
What is the Lithium-Ion Battery Market?
The Lithium-Ion Battery Market is segmented into Li-NMC, LFP, LCO, and LTO. Among these, the LCO (Lithium Cobalt Oxide) segment held the largest market share, accounting for 33.1% in 2021. The growing adoption of LCO batteries in electric bikes, power tools, and other electric powering trains is driving the product demand for this segment.
How big will lithium-ion batteries be in 2022?
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