Lithium ion Battery Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global lithium-ion battery market is expected to grow at a CAGR of around 12.1% during 2025-2034. This report on global lithium-ion battery market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global lithium-ion battery market by segmenting the market based on component, type, capacity, voltage, operation, end user and region. Also, detailed profiles of companies operating in the lithium-ion battery market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Demands from Automobile Industry
• Rising Penetration of Mobile and Laptops Users
Market Challenges
• Issues Related to Storage and Transportation
• Availability of Cheap Substitutes
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Component
• Cathode
• Anode
• Electrolytic Solution
• Others
Market by Type
• Lithium Nickel Manganese Cobalt (LI-NMC)
• Lithium Iron Phosphate (LFP)
• Lithium Cobalt Oxide (LCO)
• Lithium Titanate Oxide (LTO)
• Lithium Manganese Oxide (LMO)
• Lithium Nickel Cobalt Aluminium Oxide (NCA)
Market by Capacity
• 0 - 3000mAh
• 3000mAh - 10000mAh
• 10000mAh - 60000mAh
• > 60000mAh
Market by Voltage
• Low (Below 12V)
• Medium (12V – 36V)
• High (Above 36V)
Market by Operation
• Rechargeable
• Non-rechargeable
Market by End User
• Consumer Electronics
• Automotive
• Energy and Power
• Marine
• Aerospace and Defense
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Lithium-ion Battery Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Lithium-ion Battery Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Lithium-ion Battery Market by Component
- 5.1. Introduction
- 5.2. Cathode
- 5.3. Anode
- 5.4. Electrolytic Solution
- 5.5. Others
- 6. Global Lithium-ion Battery Market by Type
- 6.1. Introduction
- 6.2. Lithium Nickel Manganese Cobalt (LI-NMC)
- 6.3. Lithium Iron Phosphate (LFP)
- 6.4. Lithium Cobalt Oxide (LCO)
- 6.5. Lithium Titanate Oxide (LTO)
- 6.6. Lithium Manganese Oxide (LMO)
- 6.7. Lithium Nickel Cobalt Aluminium Oxide (NCA)
- 7. Global Lithium-ion Battery Market by Capacity
- 7.1. Introduction
- 7.2. 0 - 3000mAh
- 7.3. 3000mAh - 10000mAh
- 7.4. 10000mAh - 60000mAh
- 7.5. > 60000mAh
- 8. Global Lithium-ion Battery Market by Voltage
- 8.1. Introduction
- 8.2. Low (Below 12V)
- 8.3. Medium (12V – 36V)
- 8.4. High (Above 36V)
- 9. Global Lithium-ion Battery Market by Operation
- 9.1. Introduction
- 9.2. Rechargeable
- 9.3. Non-rechargeable
- 10. Global Lithium-ion Battery Market by End User
- 10.1. Introduction
- 10.2. Consumer Electronics
- 10.3. Automotive
- 10.4. Energy and Power
- 10.5. Marine
- 10.6. Aerospace and Defense
- 10.7. Others
- 11. Global Lithium-ion Battery Market by Region
- 11.1. Introduction
- 11.2. Europe
- 11.2.1. Germany
- 11.2.2. United Kingdom
- 11.2.3. France
- 11.2.4. Italy
- 11.2.5. Spain
- 11.2.6. Russia
- 11.2.7. Netherlands
- 11.2.8. Rest of the Europe
- 11.3. North America
- 11.3.1. United States
- 11.3.2. Canada
- 11.4. Asia Pacific
- 11.4.1. China
- 11.4.2. Japan
- 11.4.3. India
- 11.4.4. South Korea
- 11.4.5. Australia
- 11.4.6. Indonesia
- 11.4.7. Rest of the Asia Pacific
- 11.5. Latin America
- 11.5.1. Mexico
- 11.5.2. Brazil
- 11.5.3. Argentina
- 11.5.4. Rest of Latin America
- 11.6. Middle East & Africa
- 11.6.1. Saudi Arabia
- 11.6.2. Turkey
- 11.6.3. Iran
- 11.6.4. United Arab Emirates
- 11.6.5. Rest of Middle East & Africa
- 12. SWOT Analysis
- 13. Porter’s Five Forces
- 14. Market Value Chain Analysis
- 15. Competitive Landscape
- 15.1. Competitive Scenario
- 15.2. Company Profiles
- 15.2.1. Automotive Energy Supply Corporation (AESC)
- 15.2.2. China BAK Battery, Inc
- 15.2.3. GS Yuasa Corporation
- 15.2.4. Hitachi Chemical Co. Ltd.
- 15.2.5. Johnson Controls, Inc.
- 15.2.6. LG Chem Power, Inc.
- 15.2.7. Panasonic Corporation
- 15.2.8. Samsung SDI Co. Ltd.
- 15.2.9. Sony, LLC
- 15.2.10. Toshiba Corporation
- List of Figures
- Figure 1: Global Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 2: Global Lithium-ion Battery Market by Component, 2024
- Figure 3: Global Lithium-ion Battery Market by Type, 2024
- Figure 4: Global Lithium-ion Battery Market by Capacity, 2024
- Figure 5: Global Lithium-ion Battery Market by Voltage, 2024
- Figure 6: Global Lithium-ion Battery Market by Operation, 2024
- Figure 7: Global Lithium-ion Battery Market by End User, 2024
- Figure 8: Global Lithium-ion Battery Market by Region, 2024
- Figure 9: Global Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 10: Global Lithium-ion Battery Market by Component (in %), 2024 & 2034
- Figure 11: Global Cathode Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 12: Global Cathode Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 13: Global Anode Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 14: Global Anode Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 15: Global Electrolytic Solution Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 16: Global Electrolytic Solution Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 17: Global Other Components Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 18: Global Other Components Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 19: Global Lithium-ion Battery Market by Type (in %), 2024 & 2034
- Figure 20: Global Lithium Nickel Manganese Cobalt (LI-NMC) Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 21: Global Lithium Nickel Manganese Cobalt (LI-NMC) Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 22: Global Lithium Iron Phosphate (LFP) Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 23: Global Lithium Iron Phosphate (LFP) Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 24: Global Lithium Cobalt Oxide (LCO) Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 25: Global Lithium Cobalt Oxide (LCO) Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 26: Global Lithium Titanate Oxide (LTO) Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 27: Global Lithium Titanate Oxide (LTO) Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 28: Global Lithium Manganese Oxide (LMO) Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 29: Global Lithium Manganese Oxide (LMO) Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 30: Global Lithium Nickel Cobalt Aluminium Oxide (NCA) Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 31: Global Lithium Nickel Cobalt Aluminium Oxide (NCA) Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 32: Global Lithium-ion Battery Market by Capacity (in %), 2024 & 2034
- Figure 33: Global 0 - 3000mAh Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 34: Global 0 - 3000mAh Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 35: Global 3000mAh - 10000mAh Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 36: Global 3000mAh - 10000mAh Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 37: Global 10000mAh - 60000mAh Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 38: Global 10000mAh - 60000mAh Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 39: Global > 60000mAh Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 40: Global > 60000mAh Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 41: Global Lithium-ion Battery Market by Voltage (in %), 2024 & 2034
- Figure 42: Global Low (Below 12V) Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 43: Global Low (Below 12V) Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 44: Global Medium (12V – 36V) Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 45: Global Medium (12V – 36V) Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 46: Global High (Above 36V) Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 47: Global High (Above 36V) Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 48: Global Lithium-ion Battery Market by Operation (in %), 2024 & 2034
- Figure 49: Global Rechargeable Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 50: Global Rechargeable Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 51: Global Non-rechargeable Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 52: Global Non-rechargeable Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 53: Global Lithium-ion Battery Market by End User (in %), 2024 & 2034
- Figure 54: Global Consumer Electronics Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 55: Global Consumer Electronics Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 56: Global Automotive Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 57: Global Automotive Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 58: Global Energy and Power Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 59: Global Energy and Power Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 60: Global Marine Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 61: Global Marine Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 62: Global Aerospace and Defense Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 63: Global Aerospace and Defense Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 64: Global Other Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 65: Global Other Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 66: Global Lithium-ion Battery Market by Region (in %), 2024 & 2034
- Figure 67: Europe Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 68: Europe Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 69: Europe Lithium-ion Battery Market by Country (in %), 2024 & 2034
- Figure 70: Germany Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 71: United Kingdom Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 72: France Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 73: Italy Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 74: Spain Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 75: Russia Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 76: Netherlands Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 77: North America Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 78: North America Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 79: North America Lithium-ion Battery Market by Country (in %), 2024 & 2034
- Figure 80: United States Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 81: Canada Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 82: Asia Pacific Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 83: Asia Pacific Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 84: Asia Pacific Lithium-ion Battery Market by Country (in %), 2024 & 2034
- Figure 85: China Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 86: Japan Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 87: India Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 88: South Korea Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 89: Australia Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 90: Indonesia Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 91: Latin America Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 92: Latin America Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 93: Latin America Lithium-ion Battery Market by Country (in %), 2024 & 2034
- Figure 94: Mexico Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 95: Brazil Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 96: Argentina Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 97: Middle East & Africa Lithium-ion Battery Market (in US$ Million), 2020-2024
- Figure 98: Middle East & Africa Lithium-ion Battery Market (in US$ Million), 2025-2034
- Figure 99: Middle East & Africa Lithium-ion Battery Market by Country (in %), 2024 & 2034
- Figure 100: Saudi Arabia Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 101: Turkey Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 102: Iran Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 103: UAE Lithium-ion Battery Market (in US$ Million), 2017-2030
- Figure 104: Market Value Chain
- List of Tables
- Table 1: Global Lithium-ion Battery Market Portraiture
- Table 2: Global Lithium-ion Battery Market by Component (in US$ Million), 2024 & 2034
- Table 3: Global Lithium-ion Battery Market by Type (in US$ Million), 2024 & 2034
- Table 4: Global Lithium-ion Battery Market by Capacity (in US$ Million), 2024 & 2034
- Table 5: Global Lithium-ion Battery Market by Voltage (in US$ Million), 2024 & 2034
- Table 6: Global Lithium-ion Battery Market by Operation (in US$ Million), 2024 & 2034
- Table 7: Global Lithium-ion Battery Market by End User (in US$ Million), 2024 & 2034
- Table 8: Global Lithium-ion Battery Market by Region (in US$ Million), 2024 & 2034
- Table 9: Europe Lithium-ion Battery Market by Country (in US$ Million), 2024 & 2034
- Table 10: North America Lithium-ion Battery Market by Country (in US$ Million), 2024 & 2034
- Table 11: Asia Pacific Lithium-ion Battery Market by Country (in US$ Million), 2024 & 2034
- Table 12: Latin America Lithium-ion Battery Market by Country (in US$ Million), 2024 & 2034
- Table 13: Middle East & Africa Lithium-ion Battery Market by Country (in US$ Million), 2024 & 2034
- Table 14: List of Key Players
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