Automotive Lithium-Ion Battery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Automotive Lithium Ion Battery Market is segmented by Vehicle Type (Battery Electric Vehicle, Plug in Hybrid Electric Vehicle and Hybrid Electric Vehicles), Channel Sales Type (OEMs and Aftermarket) and Geography.

Automotive Lithium-Ion Battery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Lithium-Ion Battery Industry Overview

The Automotive Li-ion market is highly fragmented, with several players accounting for significant amounts of shares in the market. Some of the prominent companies in the automotive Li-Ion market are Panasonic Corporation, Hitachi Ltd., BYD Co Ltd., Toshiba Corporation, LG Chem and others. Companies are investing heavily in research and development for the innovation of new and advanced products and technologies that are increasing the life and performance of the automotive batteries. For instance, Exide batteries which is India's largest lead acid battery maker had formed a joint venture with Switzerland based Leclanch SA, which is one of world's leading energy storage solution company in June-19.

Automotive Lithium-Ion Battery Market Leaders

  1. Panasonic Corporation

  2. Hitachi Ltd.

  3. Toshiba Corporation

  4. Samsung SDI Co. Ltd.

  5. LG Chem Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Panasonic Corporation, Hitachi Ltd.,  Toshiba Corporation, Samsung SDI Co. Ltd., LG Chem Ltd., BYD Co. Ltd., GS Yuasa Lithium Power, Tianjin Lishen Battery joint stock Co. Ltd