Product Code: SE 4967
With a CAGR of 10.3%, the global lithium-ion battery market is projected to grow from USD 194.66 billion in 2025 to USD 426.37 billion by 2033. Market growth will be driven by the accelerating shift toward electrification across transportation, industrial, and energy sectors, coupled with ongoing advancements in battery performance, energy density, and charging efficiency. Increasing adoption of electric vehicles and the need for high-performance energy storage systems to support grid stability and industrial operations are key growth drivers. Enhanced battery management systems and innovations in manufacturing processes contribute to improved safety, cost optimization, and lifecycle performance. Additionally, government-backed initiatives to build localized battery supply chains and support large-scale battery production fuel investment across the value chain. As industries prioritize sustainability, efficiency, and energy resilience, the demand for lithium-ion batteries is poised to rise significantly across diverse end-use applications.
Scope of the Report |
Years Considered for the Study | 2021-2033 |
Base Year | 2024 |
Forecast Period | 2025-2033 |
Units Considered | Value (USD Billion) |
Segments | By Battery Type, Application, and Region |
Regions covered | North America, Europe, APAC, RoW |
"Growing adoption of NMC batteries to support lithium-ion battery market growth"
Lithium nickel manganese cobalt (NMC) batteries are projected to grow significantly in the lithium-ion battery market, driven by their high energy density, long cycle life, and strong thermal stability. These batteries strike an optimal balance of performance and cost, making them ideal for electric vehicles, power tools, medical devices, and industrial equipment. Ongoing efforts to reduce cobalt content are enhancing affordability and addressing sustainability concerns. Their ability to deliver reliable, high-capacity power in compact form factors supports their expanding use across automotive and energy storage systems. As industries prioritize lightweight, efficient, and long-lasting energy solutions, NMC batteries are emerging as a versatile and scalable option, reinforcing their position as a core technology in the evolving battery landscape.
"Rising energy storage demand fuels expansion of lithium-ion battery market"
Energy storage is poised to be the fastest-growing application in the lithium-ion battery market, driven by escalating demand for reliable, flexible, and cost-efficient energy solutions. Increasing grid instability, challenges in peak load management, and the critical need for uninterrupted backup power fuel the large-scale deployment of lithium-ion battery storage systems across utilities and industrial sectors. These systems enable optimized energy management by storing excess power during low-demand periods and delivering it during peak consumption, which helps reduce operational costs and strengthen grid resilience. The inherent scalability, rapid response times, and long service life of lithium-ion batteries make them ideal for both front-of-the-meter and behind-the-meter applications. Accelerated investments in grid modernization, renewable energy integration, and smart infrastructure boost adoption. As energy storage becomes increasingly central to the transformation of power systems, lithium-ion batteries will continue to play a pivotal role in enabling sustainable and efficient energy management worldwide.
" Expanding EV adoption and renewable investments to drive Asia Pacific's dominance in lithium-ion battery market"
The Asia Pacific region is expected to register the highest CAGR in the lithium-ion battery market during the forecast period, fueled by rapid growth in electric vehicle adoption and significant investments in renewable energy projects. Leading countries such as China, India, Japan, and South Korea are aggressively expanding their battery manufacturing capacities and technological capabilities. Government incentives supporting clean energy and energy storage solutions further accelerate market growth. Additionally, the region benefits from a well-established supply chain, abundant raw material availability, and ongoing infrastructure development. Moreover, as this region undertakes major manufacturing of Li-ion batteries, the adoption rate has seen an upward trend due to the cost minimization of these batteries. These factors collectively position Asia Pacific to lead global demand and innovation in lithium-ion battery technologies, making it the dominant region in the market over the coming years.
Breakdown of primaries
A variety of executives from key organizations operating in the lithium-ion battery market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.
- By Company Type: Tier 1 -52%, Tier 2 - 31%, and Tier 3 - 17%
- By Designation: Directors - 31%, C-level Executives - 47%, and Others - 22%
- By Region: North America - 35%, Europe - 21%, Asia Pacific - 37%, and RoW - 7%
Note: Three tiers of companies are defined based on their total revenue as of 2024: tier 3 = revenue less than USD 500 million; tier 2 = revenue between USD 500 million and USD 5 billion; and tier 1 = revenue more than USD 5 billion. Other designations include sales, marketing, and product managers.
Major players profiled in this report are as follows: LG Energy Solution (South Korea), Samsung SDI (South Korea), Panasonic Holdings Corporation (Japan), BYD Company Ltd. (China), Contemporary Amperex Technology Co., Limited (China), BAK Power (China), CALB (China), CLARIOS (US), EnerSys (US), EVE Energy Co., Ltd. (China), Gotion, Inc. (China), GS Yuasa Corporation (Japan), Mitsubishi Electric Corporation (Japan), SK Innovation Co., Ltd. (South Korea), Tesla (US), Toshiba Corporation (Japan), Sunwoda Electronic Co., Ltd. (China), VARTA AG (Germany), AESC GROUP LTD. (Japan), Amperex Technology Limited (China), Amprius Technologies (US), Enovix Corporation (US), Farasis Energy (GanZhou) Co., Ltd. (China), Group14 Technologies, Inc. (US), Ipower Batteries Private Limited (India), Leclanche SA (Switzerland), LITHIUMWERKS (Netherlands), Lyten, Inc. (US), NexTech Batteries (US), PolyPlus Battery Company (US), Saft (France), Sila Nanotechnologies, Inc. (US) and SolarEdge (Israel). These leading companies possess a wide portfolio of products, establishing a prominent presence in established as well as emerging markets.
The study provides a detailed competitive analysis of these key players in the lithium-ion battery market, presenting their company profiles, most recent developments, and key market strategies.
Research Coverage
This report segments the lithium-ion battery market based on battery type, application, and region. The battery type segment includes lithium nickel manganese cobalt oxide (NMC), lithium iron phosphate (LFP), lithium cobalt oxide (LCO), lithium titanate oxide (LTO), lithium manganese oxide (LMO), and lithium nickel cobalt aluminum oxide (NCA). The application segment comprises electric vehicles (EVs), energy storage, industrial, consumer electronics, medical, and other applications, which include aerospace, marine, and telecommunications. The market has been segmented into four regions: North America, Asia Pacific, Europe, and Rest of the World (RoW).
Reasons to Buy the Report
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the lithium-ion battery market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.
Key Benefits of Buying the Report
- Analysis of key Drivers (Shift toward zero-emission vehicles due to clean mobility agenda, growing preference for LFP batteries among electric vehicle manufacturers, widespread adoption of battery-operated material handling equipment is in industrial applications, growing adoption of wearable devices), Restraints (Safety concerns and high recycling and disposal costs), Opportunities (new era of renewable energy capacity and storage innovations, accelerated R&D efforts to advance lithium-ion battery technologies, significant decline in costs of Li-ion batteries), and Challenges (Competition from emerging technologies such as sodium-ion and flow batteries, increased tariffs on Chinese EVs in Europe and North America, technical issues and battery performance-related challenges, managing financial risks and market disruptions witnessed by global battery manufacturers) influencing the growth of the lithium-ion battery market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the lithium-ion battery market
- Market Development: Comprehensive information about lucrative markets by analyzing the lithium-ion battery market across varied regions
- Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the lithium-ion battery market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Contemporary Amperex Technology Co., Limited. (China), LG Energy Solution (South Korea), Panasonic Holdings Corporation (Japan), BYD Company Ltd. (China), and Samsung SDI (South Korea), among others.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
- 1.3.2 YEARS CONSIDERED
- 1.3.3 INCLUSIONS AND EXCLUSIONS
- 1.4 CURRENCY CONSIDERED
- 1.5 UNIT CONSIDERED
- 1.6 LIMITATIONS
- 1.7 STAKEHOLDERS
- 1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY AND PRIMARY RESEARCH
- 2.1.2 SECONDARY DATA
- 2.1.2.1 List of major secondary sources
- 2.1.2.2 Key data from secondary sources
- 2.1.3 PRIMARY DATA
- 2.1.3.1 Primary interviews with experts
- 2.1.3.2 Key primary interview participants
- 2.1.3.3 Key data from primary sources
- 2.1.3.4 Key industry insights
- 2.1.3.5 Breakdown of primaries
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 TOP-DOWN APPROACH
- 2.2.1.1 Estimation of market size using top-down approach
- 2.2.2 BOTTOM-UP APPROACH
- 2.2.2.1 Estimation of market size using bottom-up approach
- 2.3 DATA TRIANGULATION
- 2.4 RESEARCH ASSUMPTIONS
- 2.5 RESEARCH LIMITATIONS
- 2.6 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN LITHIUM-ION BATTERY MARKET
- 4.2 LITHIUM-ION BATTERY MARKET, BY APPLICATION
- 4.3 LITHIUM-ION BATTERY MARKET, BY INSTALLED CAPACITY
- 4.4 LITHIUM-ION BATTERY MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY
- 4.5 LITHIUM-ION BATTERY MARKET, BY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Transition to zero-emission vehicles due to clean mobility agenda
- 5.2.1.2 Growing preference for LFP batteries among EV manufacturers
- 5.2.1.3 Widespread deployment of battery-operated material handling equipment in industrial applications
- 5.2.1.4 Surging demand for wearable devices
- 5.2.2 RESTRAINTS
- 5.2.2.1 Safety concerns and high recycling and disposal costs
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 New era of renewable energy capacity and storage innovations
- 5.2.3.2 Accelerated R&D efforts to develop advanced Li-ion batteries
- 5.2.3.3 Anticipated decline in costs of Li-ion batteries
- 5.2.4 CHALLENGES
- 5.2.4.1 Competition from emerging technologies such as sodium-ion and flow batteries
- 5.2.4.2 Increased tariffs on Chinese EVs in Europe and North America
- 5.2.4.3 Technical issues and battery performance-related challenges
- 5.2.4.4 Financial risks and market disruptions witnessed by battery manufacturers
- 5.3 VALUE CHAIN ANALYSIS
- 5.4 ECOSYSTEM ANALYSIS
- 5.5 PRICING ANALYSIS
- 5.5.1 AVERAGE SELLING PRICE TREND OF LITHIUM-ION BATTERIES, 2021-2033
- 5.5.2 PRICING RANGE OF LITHIUM-ION BATTERY PACKS, BY KEY PLAYER, 2024
- 5.5.3 AVERAGE SELLING PRICE TREND OF LFP AND NMC BATTERIES, 2021-2024
- 5.5.4 AVERAGE SELLING PRICE TREND OF LITHIUM-ION BATTERIES, BY REGION, 2021-2024
- 5.6 KEY INSIGHTS RELATED TO LITHIUM-ION BATTERY INDUSTRY
- 5.6.1 TOP LITHIUM-PRODUCING COUNTRIES
- 5.6.2 LITHIUM-ION BATTERY MANUFACTURING CAPACITY, BY COUNTRY, 2022 VS. 2025 VS. 2030
- 5.6.3 LIST OF CURRENTLY OPERATIONAL AND UPCOMING GIGAFACTORIES
- 5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.8 INVESTMENT AND FUNDING SCENARIO
- 5.9 TECHNOLOGY ANALYSIS
- 5.9.1 KEY TECHNOLOGIES
- 5.9.1.1 Lithium-sulfur batteries
- 5.9.1.2 Lithium-silicon batteries
- 5.9.1.3 Solid-state batteries
- 5.9.2 ADJACENT TECHNOLOGIES
- 5.9.2.1 Flow batteries
- 5.9.2.1.1 Vanadium flow batteries
- 5.9.2.1.2 Zinc-bromine flow batteries
- 5.9.2.2 Zinc batteries
- 5.9.2.2.1 Nickel-zinc batteries
- 5.9.2.2.2 Zinc-ion batteries
- 5.9.2.3 Sodium-ion batteries
- 5.9.2.4 Liquid-metal batteries
- 5.9.3 COMPLEMENTARY TECHNOLOGIES
- 5.9.3.1 Battery management systems
- 5.9.3.2 Energy management system
- 5.10 PORTER'S FIVE FORCES ANALYSIS
- 5.10.1 BARGAINING POWER OF SUPPLIERS
- 5.10.2 BARGAINING POWER OF BUYERS
- 5.10.3 THREAT OF NEW ENTRANTS
- 5.10.4 THREAT OF SUBSTITUTES
- 5.10.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.11 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.11.2 BUYING CRITERIA
- 5.12 CASE STUDY ANALYSIS
- 5.12.1 TOYOTA MATERIAL HANDLING HELPS REDUCE EQUIPMENT DOWNTIME BY REPLACING LEAD-ACID BATTERIES WITH LITHIUM-ION TECHNOLOGY
- 5.12.2 LITHION'S LIFEPO4 U-CHARGE BATTERY MODULES ALLOW MEDICAL EQUIPMENT MANUFACTURER INCREASE EFFICIENCY AND RELIABILITY OF MEDICAL DEVICES
- 5.12.3 EV MANUFACTURER ACHIEVES ENHANCED SAFETY AND IMPROVED RUN TIME BY REPLACING NIMH BATTERIES WITH LITHION'S LIFEPO4 BATTERY MODULES
- 5.13 TRADE ANALYSIS
- 5.13.1 IMPORT SCENARIO (HS CODE 850650)
- 5.13.2 EXPORT SCENARIO (HS CODE 850650)
- 5.14 PATENT ANALYSIS
- 5.15 KEY CONFERENCES AND EVENTS, 2025-2026
- 5.16 REGULATORY LANDSCAPE
- 5.16.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.16.2 STANDARDS
- 5.17 IMPACT OF GEN AI/AI
- 5.17.1 INTRODUCTION
- 5.17.2 IMPACT OF AI ON LITHIUM-ION BATTERY MARKET
- 5.17.3 TOP USE CASES AND MARKET POTENTIAL
- 5.18 IMPACT OF 2025 US TARIFF
- 5.18.1 INTRODUCTION
- 5.18.2 KEY TARIFF RATES
- 5.18.3 PRICE IMPACT ANALYSIS
- 5.18.4 IMPACT ON COUNTRY/REGION
- 5.18.4.1 US
- 5.18.4.2 Europe
- 5.18.4.3 Asia Pacific
- 5.18.5 IMPACT ON APPLICATIONS
6 MATERIALS USED IN LITHIUM-ION BATTERIES
- 6.1 INTRODUCTION
- 6.2 CATHODE
- 6.2.1 CATHODE MATERIALS FOR LITHIUM-ION BATTERIES
- 6.2.1.1 Lithium iron phosphate
- 6.2.1.2 Lithium cobalt oxide
- 6.2.1.3 Lithium nickel manganese cobalt
- 6.2.1.4 Lithium nickel cobalt aluminum oxide
- 6.2.1.5 Lithium manganese oxide
- 6.3 ANODE
- 6.3.1 ANODE MATERIALS FOR LITHIUM-ION BATTERIES
- 6.3.1.1 Natural graphite
- 6.3.1.2 Artificial graphite
- 6.3.1.3 Other anode materials
- 6.4 ELECTROLYTE
- 6.5 SEPARATOR
- 6.6 CURRENT COLLECTOR
- 6.7 OTHER MATERIALS
7 LITHIUM-ION BATTERY MARKET, BY BATTERY TYPE
- 7.1 INTRODUCTION
- 7.2 NMC
- 7.2.1 LOWER SELF-HEATING RATE TO ACCELERATE ADOPTION
- 7.3 LFP
- 7.3.1 LONG LIFESPAN AND LOW MAINTENANCE REQUIREMENTS TO BOOST DEMAND
- 7.4 LCO
- 7.4.1 RISING USE IN PORTABLE ELECTRONICS TO DRIVE MARKET
- 7.5 LTO
- 7.5.1 HIGH SECURITY AND STABILITY DUE TO LOW OPERATING VOLTAGE TO BOOST DEMAND
- 7.6 LMO
- 7.6.1 ENHANCED THERMAL STABILITY AND SAFETY TO ACCELERATE ADOPTION
- 7.7 NCA
- 7.7.1 POWER AND AUTOMOTIVE INDUSTRIES TO CONTRIBUTE MOST TO MARKET GROWTH
8 LITHIUM-ION BATTERY MARKET, BY APPLICATION
- 8.1 INTRODUCTION
- 8.2 EVS
- 8.2.1 GROWING ADOPTION OF ELECTRIC VEHICLES TO DRIVE MARKET
- 8.2.2 BY BATTERY CAPACITY
- 8.2.2.1 Below 50 kWh
- 8.2.2.1.1 Increasing consumer awareness regarding zero-emission transportation to boost demand
- 8.2.2.2 50-100 kWh
- 8.2.2.2.1 Rising demand for SUVs and electric vans to fuel segmental growth
- 8.2.2.3 Above 100 kWh
- 8.2.2.3.1 Growing use of high-capacity batteries in heavy-duty and industrial vehicles and commercial EVs to support market growth
- 8.2.3 BY BATTERY TYPE
- 8.2.4 BY BATTERY FORM
- 8.2.4.1 Prismatic
- 8.2.4.1.1 Excellence in thermal management and long cycle lift to accelerate demand by EV manufacturers
- 8.2.4.2 Pouch
- 8.2.4.2.1 High power output and adaptability to varying vehicle architectures and designs to boost demand
- 8.2.4.3 Cylindrical
- 8.2.4.3.1 High energy density, effective thermal management, and ease of integration within battery packs to spur demand
- 8.2.5 BY VEHICLE TYPE
- 8.2.5.1 Passenger cars
- 8.2.5.1.1 Rising investments in electrification of transportation sector to support market growth
- 8.2.5.2 Vans/Light trucks
- 8.2.5.2.1 Government incentives for clean transportation to create lucrative opportunities
- 8.2.5.3 Medium & heavy trucks
- 8.2.5.3.1 Transition to sustainable logistics to fuel market growth
- 8.2.5.4 Buses
- 8.2.5.4.1 Increasing deployment of electric buses in urban areas to contribute to market growth
- 8.2.5.5 Off-highway vehicles
- 8.2.5.5.1 Tightening emission regulations and sustainability targets to spike demand
- 8.2.6 BY REGION
- 8.3 ENERGY STORAGE
- 8.3.1 GROWING IMPLEMENTATION OF LI-ON BATTERIES IN RESIDENTIAL AND GRID-SCALE ENERGY STORAGE APPLICATIONS TO DRIVE MARKET
- 8.3.2 BY BATTERY CAPACITY
- 8.3.2.1 Below 30 kWh
- 8.3.2.1.1 Need for reliable backup power by homeowners to stimulate demand
- 8.3.2.2 30 kWh-10 MWh
- 8.3.2.2.1 Integration of renewable energy into commercial facilities and industrial plants to boost adoption
- 8.3.2.3 Above 10 MWh
- 8.3.2.3.1 Transition toward cleaner energy mix to create growth opportunities
- 8.3.3 BY BATTERY TYPE
- 8.3.4 BY CONNECTION TYPE
- 8.3.5 BY END USE
- 8.3.5.1 Residential
- 8.3.5.1.1 Growing interest in residential battery storage for cost reduction and sustainable living to spike demand
- 8.3.5.2 Commercial & industrial
- 8.3.5.2.1 Surging use of UPS in data centers, factories, and hospitals to fuel market growth
- 8.3.5.3 Utilities
- 8.3.5.3.1 Increasing reliance of utility operators on energy storage systems to ensure reliable power supply to drive market
- 8.3.6 BY REGION
- 8.4 INDUSTRIAL
- 8.4.1 INCREASING DEPLOYMENT OF ELECTRIFIED SYSTEMS SUPPORTING AUTOMATED OPERATIONS TO PROPEL MARKET
- 8.4.2 BY TYPE
- 8.4.2.1 Material handling equipment
- 8.4.2.2 Mining equipment
- 8.4.2.3 Low-speed electric vehicles
- 8.4.2.4 Industrial tools
- 8.4.3 BY BATTERY CAPACITY
- 8.4.3.1 Below 50 kWh
- 8.4.3.1.1 Increasing deployment of LSEVs in warehouses, campuses, and manufacturing facilities to fuel segmental growth
- 8.4.3.2 50-100 kWh
- 8.4.3.2.1 Ability to fast charge and support multi-shift operations to increase adoption
- 8.4.3.3 Above 100 kWh
- 8.4.3.3.1 Excellence in meeting high energy demands and performing operations for extended hours to foster segmental growth
- 8.4.4 BATTERY TYPE
- 8.4.5 BY REGION
- 8.5 CONSUMER ELECTRONICS
- 8.5.1 LONG LIFESPAN, HIGH ENERGY DENSITY, LOW SELF-DISCHARGE RATE TO INCREASE INTEGRATION INTO ELECTRONIC DEVICES
- 8.5.2 BY PRODUCT TYPE
- 8.5.2.1 Smartphones
- 8.5.2.1.1 Compact design and ability to support fast charging to boost adoption
- 8.5.2.2 Laptops & tablets
- 8.5.2.2.1 Prolonged runtime capability to support video streaming, gaming, and remote work tasks with fast-charging capabilities to stimulate demand
- 8.5.2.3 Wearables
- 8.5.2.3.1 Capacity to support extending wearable functionality to stimulate segmental growth
- 8.5.3 BY BATTERY CAPACITY
- 8.5.3.1 Below 10 Wh
- 8.5.3.1.1 Rising demand for ultra-portable devices, such as wireless earbuds, fitness trackers, smartwatches, to fuel segmental growth
- 8.5.3.2 10-30 Wh
- 8.5.3.2.1 Ability to meet prolonged usage and moderate energy requirements to foster segmental growth
- 8.5.3.3 Above 30 Wh
- 8.5.3.3.1 Surging demand for laptops, high-performance tablets, and portable speakers to accelerate market growth
- 8.5.4 BY BATTERY TYPE
- 8.5.5 BY REGION
- 8.6 MEDICAL
- 8.6.1 ESCALATING NEED FOR RELIABLE POWER SUPPLY FOR LIFE-SAVING DEVICES TO FACILITATE ADOPTION
- 8.6.2 BY DEVICE TYPE
- 8.6.2.1 Portable & diagnostic devices
- 8.6.2.2 Wearable & implantable devices
- 8.6.3 BY BATTERY CAPACITY
- 8.6.3.1 Below 10 Wh
- 8.6.3.1.1 Rising use of pacemakers, neurostimulators, and continuous glucose monitors to drive market
- 8.6.3.2 10-50 Wh
- 8.6.3.2.1 Ability to support functions requiring intermittent higher power draws to stimulate demand
- 8.6.3.3 Above 50 Wh
- 8.6.3.3.1 Escalating requirement for portable ventilators, mobile imaging systems, and surgical power tools to contribute to segmental growth
- 8.6.4 BY BATTERY TYPE
- 8.6.5 BY REGION
- 8.7 OTHER APPLICATIONS
- 8.7.1 TELECOMMUNICATIONS
- 8.7.1.1 Higher power density, faster charging times, longer lifespan, and minimal maintenance features to drive adoption
- 8.7.2 MARINE
- 8.7.2.1 Ability to resist high discharge currents, mechanical shocks, and vibrations to spur demand
- 8.7.3 AEROSPACE
- 8.7.3.1 Greater emphasis of aerospace companies on minimizing aircraft weight and maximizing power to accelerate demand
- 8.7.4 BY BATTERY TYPE
- 8.7.5 BY REGION
9 LITHIUM-ION BATTERY MARKET, BY REGION
- 9.1 INTRODUCTION
- 9.2 NORTH AMERICA
- 9.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
- 9.2.2 US
- 9.2.2.1 Public-private alliances for clean energy future to expedite demand
- 9.2.3 CANADA
- 9.2.3.1 Abundance of cobalt, lithium, and nickel materials to create lucrative opportunities for battery providers
- 9.2.4 MEXICO
- 9.2.4.1 Increasing investments in lithium-ion battery production to drive market
- 9.3 EUROPE
- 9.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
- 9.3.2 GERMANY
- 9.3.2.1 Clean energy goals to fuel battery demand
- 9.3.3 UK
- 9.3.3.1 Rising focus on generating electricity using renewables to foster market growth
- 9.3.4 FRANCE
- 9.3.4.1 Government-backed expansion of lithium and EV battery ecosystem to support market growth
- 9.3.5 ITALY
- 9.3.5.1 Government incentives promoting use of EVs to contribute to market growth
- 9.3.6 SPAIN
- 9.3.6.1 Push for clean mobility and clean energy to boost demand
- 9.3.7 REST OF EUROPE
- 9.4 ASIA PACIFIC
- 9.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
- 9.4.2 CHINA
- 9.4.2.1 Strategic dominance in battery supply chain and EV manufacturing to accelerate market growth
- 9.4.3 JAPAN
- 9.4.3.1 Strong presence of major lithium-ion manufacturers to support market growth
- 9.4.4 INDIA
- 9.4.4.1 Lithium discoveries and rising EV adoption to unlock new opportunities
- 9.4.4.2 Recent strategic developments accelerating India's lithium-ion battery market growth
- 9.4.5 SOUTH KOREA
- 9.4.5.1 Investment in advanced battery technologies to fuel market expansion
- 9.4.6 AUSTRALIA
- 9.4.6.1 Growing demand for cleaner and more affordable transportation to fuel market growth
- 9.4.7 REST OF ASIA PACIFIC
- 9.5 ROW
- 9.5.1 MACROECONOMIC OUTLOOK FOR ROW
- 9.5.2 MIDDLE EAST
- 9.5.2.1 Bahrain
- 9.5.2.1.1 Economic diversification and clean energy initiatives to propel market
- 9.5.2.2 Kuwait
- 9.5.2.2.1 Vision 2035 and clean energy investments to support market growth
- 9.5.2.3 Oman
- 9.5.2.3.1 National Energy Strategy and clean mobility goals to unlock market potential
- 9.5.2.4 Qatar
- 9.5.2.4.1 E-mobility and smart energy initiatives under National Vision 2030 to foster market growth
- 9.5.2.5 Saudi Arabia
- 9.5.2.5.1 Heavy investments in EV manufacturing and renewable energy projects to drive market
- 9.5.2.6 UAE
- 9.5.2.6.1 Energy Strategy 2050 and gigascale storage initiative to create growth opportunities
- 9.5.2.7 Rest of Middle East
- 9.5.3 AFRICA
- 9.5.3.1 South Africa
- 9.5.3.1.1 Deployment of solar energy and demand for battery storage to drive market
- 9.5.3.2 Other African countries
- 9.5.4 SOUTH AMERICA
- 9.5.4.1 Attractive destination for lithium-ion battery manufacturers to propel market
10 COMPETITIVE LANDSCAPE
- 10.1 INTRODUCTION
- 10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2024
- 10.3 REVENUE ANALYSIS, 2021-2024
- 10.4 MARKET SHARE ANALYSIS, 2024
- 10.4.1 OVERALL LITHIUM-ION BATTERY MARKET SHARE ANALYSIS
- 10.4.2 LITHIUM-ION BATTERY MARKET SHARE ANALYSIS FOR EV APPLICATION, BY INSTALLED CAPACITY
- 10.5 COMPANY VALUATION AND FINANCIAL METRICS
- 10.6 BRAND COMPARISON
- 10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 10.7.1 STARS
- 10.7.2 EMERGING LEADERS
- 10.7.3 PERVASIVE PLAYERS
- 10.7.4 PARTICIPANTS
- 10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
- 10.7.5.1 Company footprint
- 10.7.5.2 Region footprint
- 10.7.5.3 Battery type footprint
- 10.7.5.4 Application footprint
- 10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
- 10.8.1 PROGRESSIVE COMPANIES
- 10.8.2 RESPONSIVE COMPANIES
- 10.8.3 DYNAMIC COMPANIES
- 10.8.4 STARTING BLOCKS
- 10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
- 10.8.5.1 Detailed list of key startups/SMEs
- 10.8.5.2 Competitive benchmarking of key startups/SMEs
- 10.8.6 STARTUP LANDSCAPE ACROSS KEY SEGMENTS OF LITHIUM BATTERY VALUE CHAIN
- 10.9 COMPETITIVE SCENARIO
- 10.9.1 PRODUCT LAUNCHES
- 10.9.2 DEALS
- 10.9.3 EXPANSIONS
- 10.9.4 OTHER DEVELOPMENTS
11 COMPANY PROFILES
- 11.1 KEY PLAYERS
- 11.1.1 LG ENERGY SOLUTION
- 11.1.1.1 Business overview
- 11.1.1.2 Products/Solutions/Services offered
- 11.1.1.3 Recent developments
- 11.1.1.3.1 Product launches
- 11.1.1.3.2 Deals
- 11.1.1.3.3 Expansions
- 11.1.1.4 MnM view
- 11.1.1.4.1 Key strengths/Right to win
- 11.1.1.4.2 Strategic choices
- 11.1.1.4.3 Weaknesses and competitive threats
- 11.1.2 SAMSUNG SDI
- 11.1.2.1 Business overview
- 11.1.2.2 Products/Solutions/Services offered
- 11.1.2.3 Recent developments
- 11.1.2.3.1 Deals
- 11.1.2.3.2 Expansions
- 11.1.2.3.3 Other developments
- 11.1.2.4 MnM view
- 11.1.2.4.1 Key strengths/Right to win
- 11.1.2.4.2 Strategic choices
- 11.1.2.4.3 Weaknesses and competitive threats
- 11.1.3 PANASONIC HOLDINGS CORPORATION
- 11.1.3.1 Business overview
- 11.1.3.2 Products/Solutions/Services offered
- 11.1.3.3 Recent developments
- 11.1.3.3.1 Deals
- 11.1.3.3.2 Expansions
- 11.1.3.3.3 Other developments
- 11.1.3.4 MnM view
- 11.1.3.4.1 Key strengths/Right to win
- 11.1.3.4.2 Strategic choices
- 11.1.3.4.3 Weaknesses and competitive threats
- 11.1.4 BYD COMPANY LTD.
- 11.1.4.1 Business overview
- 11.1.4.2 Products/Solutions/Services offered
- 11.1.4.3 Recent developments
- 11.1.4.4 MnM view
- 11.1.4.4.1 Key strengths/Right to win
- 11.1.4.4.2 Strategic choices
- 11.1.4.4.3 Weaknesses and competitive threats
- 11.1.5 CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED
- 11.1.5.1 Business overview
- 11.1.5.2 Products/Solutions/Services offered
- 11.1.5.3 Recent developments
- 11.1.5.3.1 Product launches
- 11.1.5.3.2 Deals
- 11.1.5.4 MnM view
- 11.1.5.4.1 Key strengths/Right to win
- 11.1.5.4.2 Strategic choices
- 11.1.5.4.3 Weaknesses and competitive threats
- 11.1.6 BAK POWER
- 11.1.6.1 Business overview
- 11.1.6.2 Products/Solutions/Services offered
- 11.1.6.3 Recent developments
- 11.1.6.3.1 Product launches
- 11.1.6.3.2 Expansions
- 11.1.7 CALB
- 11.1.7.1 Business overview
- 11.1.7.2 Products/Solutions/Services offered
- 11.1.7.3 Recent developments
- 11.1.7.3.1 Product launches
- 11.1.8 CLARIOS
- 11.1.8.1 Business overview
- 11.1.8.2 Products/Solutions/Services offered
- 11.1.9 ENERSYS
- 11.1.9.1 Business overview
- 11.1.9.2 Products/Solutions/Services offered
- 11.1.9.3 Recent developments
- 11.1.9.3.1 Deals
- 11.1.9.3.2 Expansions
- 11.1.10 EVE ENERGY CO., LTD.
- 11.1.10.1 Business overview
- 11.1.10.2 Products/Solutions/Services offered
- 11.1.10.3 Recent developments
- 11.1.10.3.1 Product launches
- 11.1.10.3.2 Deals
- 11.1.11 GOTION
- 11.1.11.1 Business overview
- 11.1.11.2 Products/Solutions/Services offered
- 11.1.11.3 Recent developments
- 11.1.12 GS YUASA CORPORATION
- 11.1.12.1 Business overview
- 11.1.12.2 Products/Solutions/Services offered
- 11.1.12.3 Recent developments
- 11.1.12.3.1 Deals
- 11.1.12.3.2 Other developments
- 11.1.13 MITSUBISHI ELECTRIC CORPORATION
- 11.1.13.1 Business overview
- 11.1.13.2 Products/Solutions/Services offered
- 11.1.14 SK INNOVATION CO., LTD.
- 11.1.14.1 Business overview
- 11.1.14.2 Products/Solutions/Services offered
- 11.1.14.3 Recent developments
- 11.1.15 TESLA
- 11.1.15.1 Business overview
- 11.1.15.2 Products/Solutions/Services offered
- 11.1.15.3 Recent developments
- 11.1.16 TOSHIBA CORPORATION
- 11.1.16.1 Business overview
- 11.1.16.2 Products/Solutions/Services offered
- 11.1.16.3 Recent developments
- 11.1.16.3.1 Product launches
- 11.1.16.3.2 Deals
- 11.1.17 SUNWODA ELECTRONIC CO., LTD.
- 11.1.17.1 Business overview
- 11.1.17.2 Products/Solutions/Services offered
- 11.1.17.3 Recent developments
- 11.1.18 VARTA AG
- 11.1.18.1 Business overview
- 11.1.18.2 Products/Solutions/Services offered
- 11.2 OTHER PLAYERS
- 11.2.1 AESC GROUP LTD.
- 11.2.2 AMPEREX TECHNOLOGY LIMITED
- 11.2.3 AMPRIUS TECHNOLOGIES
- 11.2.4 ENOVIX CORPORATION
- 11.2.5 FARASIS ENERGY(GANZHOU)CO., LTD.
- 11.2.6 GROUP14 TECHNOLOGIES, INC.
- 11.2.7 IPOWER BATTERIES PRIVATE LIMITED
- 11.2.8 LECLANCHE SA
- 11.2.9 LITHIUMWERKS
- 11.2.10 LYTEN, INC.
- 11.2.11 NEXTECH BATTERIES
- 11.2.12 PPBC (POLYPLUS BATTERY COMPANY)
- 11.2.13 SAFT
- 11.2.14 SILA NANOTECHNOLOGIES INC.
- 11.2.15 SOLAREDGE
12 APPENDIX
- 12.1 DISCUSSION GUIDE
- 12.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 12.3 CUSTOMIZATION OPTIONS
- 12.4 RELATED REPORTS
- 12.5 AUTHOR DETAILS