Global Power Battery Cells Market Growth 2025-2031

The global Power Battery Cells market size is predicted to grow from US$ 1429 million in 2025 to US$ 2294 million in 2031; it is expected to grow at a CAGR of 8.2% from 2025 to 2031.

Power battery cells contain positive and negative electrochemical cells, which are an integral part of the battery and are generally not used directly.

New energy vehicles are one of the important drivers of the industry. Global electric vehicles continue to grow rapidly. In 2022, the total global sales of new energy vehicles will exceed 10 million, a simultaneous increase of 61%. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China will reach 7.058 million and 6.887 million respectively, a year-on-year increase of 96.9% and 93.4%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

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

This Insight Report provides a comprehensive analysis of the global Power Battery Cells 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 Power Battery Cells portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Battery Cells market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Battery Cells 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 Power Battery Cells.

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

Segmentation by Type:
Lithium Battery Cells
NiMH Battery Cells

Segmentation by Application:
Electric Car
Electric Train
Electric Bicycle
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.
Ningde Era
Honeycomb Energy
Yiwei Lithium Energy
Kodali
Enjie Shares
Vision Power
Samsung SDI
LG Chem
SK Innovation
Panasonic
BYD

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Battery Cells market?

What factors are driving Power Battery Cells market growth, globally and by region?

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

How do Power Battery Cells market opportunities vary by end market size?

How does Power Battery Cells break out by Type, by Application?

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