Global Lithium-Ion Battery Market Growth 2025-2031

The global Lithium-Ion Battery market size is predicted to grow from US$ 70920 million in 2025 to US$ 171650 million in 2031; it is expected to grow at a CAGR of 15.9% from 2025 to 2031.

A lithium-ion battery or Li-Ion battery is a type of rechargeable battery. Today lithium-ion batteries are commonly used for portable electronics and electric vehicles and are growing in popularity for military and aerospace End Users.

Global core lithium-ion battery manufacturers include Panasonic, Samsung SDI and LG Chem etc. The top 5 companies hold a share about 60%. In terms of region, the largest segment of lithium-ion battery market would be Asia Pacific, with a market share of over 75% in 2019. The follower is Europe accounted for nearly 13% of global market.

For type of Lithium ion Battery Market, Cobalt Oxide is the largest segment with a market share of nearly 33% in 2019. Nickel Cobalt Manganese Oxide accounted for about 25% of global market.

LP Information, Inc. (LPI) ' newest research report, the “Lithium-Ion Battery Industry Forecast” looks at past sales and reviews total world Lithium-Ion Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Lithium-Ion Battery sales for 2025 through 2031. With Lithium-Ion Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium-Ion Battery industry.

This Insight Report provides a comprehensive analysis of the global Lithium-Ion Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lithium-Ion Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lithium-Ion Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium-Ion Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithium-Ion Battery.

This report presents a comprehensive overview, market shares, and growth opportunities of Lithium-Ion Battery market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
by Type
by Electrolyte Type

Segmentation by Application:
Power & Utilities
EV Automotive
Industrial
Commercial & Residential
Consumer Electronics
Medical
eVTOL
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Panasonic
Samsung SDI
LG Chem
CATL
ATL
Murata
BYD
Tianjin Lishen Battery
BAK Power
Toshiba
AESC
Saft

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lithium-Ion Battery market?

What factors are driving Lithium-Ion Battery market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lithium-Ion Battery market opportunities vary by end market size?

How does Lithium-Ion Battery break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.