How big is the Lithium-ion Battery Market?

The Lithium-ion Battery Market size is expected to reach USD 64.75 billion in 2024 and grow at a CAGR of 14.46% to reach USD 127.23 billion by 2029. Read More

What is the current Lithium-ion Battery Market size?

In 2024, the Lithium-ion Battery Market size is expected to reach USD 64.75 billion. Read More

Who are the key players in Lithium-ion Battery Market?

Samsung SDI, Panasonic Corporation, BYD Company, Contemporary Amperex Technology Co. Ltd (CATL) and Tesla Inc. are the major companies operating in the Lithium-ion Battery Market. Read More

Which is the fastest growing region in Lithium-ion Battery Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Lithium-ion Battery Market?

In 2024, the Asia-Pacific accounts for the largest market share in Lithium-ion Battery Market. Read More

What years does this Lithium-ion Battery Market cover, and what was the market size in 2023?

In 2023, the Lithium-ion Battery Market size was estimated at USD 55.39 billion. The report covers the Lithium-ion Battery Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Lithium-ion Battery Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What opportunities are present in the Lithium-Ion Battery Market?

The opportunities present in the Lithium-Ion Battery Market are a) The growing integration of renewable energy sources into power grids b) Shift towards cleaner energy sources, along with advancements in technology Read More

What are the major factors driving the growth of the Lithium-Ion Battery Market?

The major factors driving the growth of the Lithium-Ion Battery Market are a) Increased demand for hybrid and plug-in hybrid electric vehicles b) Rising demand for consumer electronics, and ongoing research and development efforts to enhance battery performance Read More

Lithium-ion Battery Market Size | Industry Growth & Trends Report

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

The Report Covers the Global Lithium-Ion Battery Market Size and Analysis. The Market is Segmented by Application (Electronic Devices, Automobile, Stationary Energy Storage, and Other Applications) and Geography (North America, Europe, Asia-Pacific, The Middle East and Africa, and South America). The Report Offers the Market Size and Forecasts for Lithium-Ion Batteries in Revenue (USD) for all the Above Segments.

Lithium-ion Battery Industry Overview

The lithium-ion battery market is fragmented. The major companies in the market (in no particular order) include Panasonic Corporation, Tesla Inc., Samsung SDI, LG Chem Ltd, and Contemporary Amperex Technology Co. Ltd (CATL).