Dublin, April 01, 2025 (GLOBE NEWSWIRE) -- The "Lithium-ion Battery Market" report has been added to ResearchAndMarkets.com's offering.
This report analyzes different components in the global lithium-ion battery (LIB) market, including cathode, anode, electrolyte, separator and others (packaging materials, Au/Cu foil, etc.). It also examines different types of LIBs, including lithium nickel manganese cobalt (NMC), lithium iron phosphate (LFP), lithium nickel cobalt aluminum oxide (NCA) and others (lithium cobalt oxide [LCO], lithium titanate oxide [LTO], lithium manganese oxide [LMO]). The report also reviews different applications in the industry, including automotive, consumer electronics, energy storage systems (ESS) and others (industrial, medical devices, aerospace and telecommunications). The global LIB market is segmented by capacity, including below 3,000 mAh, 3,000-10,000 mAh, 10,000-60,000 mAh and 60,000 mAh and above.
Additionally, the report analyzes emerging technologies and developments, trends, competitive landscape and market dynamics. It also features a patent analysis of the LIB market, a chapter on environmental, social, and governance (ESG) considerations in development, and an examination of macroeconomic factors and emerging technologies. The report also includes a regional analysis of the markets in North America, Europe, Asia-Pacific and the Rest of the World (RoW, which includes South America, Middle East and Africa). Finally, it offers in-depth profiles of leading companies in the global market.
The global market for lithium-ion battery (LIB) is expected to grow from $117.8 billion in 2024 and is projected to reach $221.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.5% during the forecast period of 2024 to 2029.
The LIB market depends significantly on the rapidly expanding global adoption of electric vehicles (EVs). For example, global sales of EVs totaled nearly 14 million in 2023 and are projected to surpass 17 million in 2024, according to the International Energy Agency (IEA, 2024). Thus, the rise in EV sales should increase the demand for LIBs. The growing demand for energy storage solutions to support renewable energy integration is driving growing interest in LIBs, which offer low-cost and long-lasting storage capabilities. Government policies and incentives supporting renewable energy and a circular economy are contributing to the growth of the global LIB market. The rising priority among auto manufacturers to improve electric vehicle range via higher energy density should also grow the market.
Future Trends and Development
Artificial intelligence (AI)-driven innovations are changing battery management systems while also increasing safety and performance standards. Solid-state batteries and nanomaterials are expected to offer increased energy density and longevity. Universities have commenced research on LIBs, exploring advanced materials and chemical processes. The ongoing research into LIBs will demonstrate their significance in achieving environmental sustainability. By 2030, the IEA report anticipates 145 million electric vehicles will be on the roads. This rise in the number of EVs is expected to increase the market for LIB.
Report Scope
- 56 data tables and 48 additional tables
- An overview of the global market for lithium-ion batteries (LIBs)
- Analyses of the global market trends, with sales data for 2023, estimates for 2024, forecasts for 2025, 2028, and projections of compound annual growth rates (CAGRs) through 2029
- Evaluation of and forecast for the LIB battery market (in USD millions), and a corresponding market share analysis by type, component, capacity, application and region
- Facts and figures concerning the factors influencing the market with respect to growth trends, emerging technologies, and industry challenges
- Coverage of the regulatory framework and initiatives by governments, as well as safety concerns about the transport and storage of used LIBs
- Assessment of regional market breakdowns with subregional breakdowns for countries with promising LIB industries
- A discussion of the industry's ESG challenges and practices
- Market share analysis of the key companies and coverage of their proprietary technologies, strategic alliances, and other market strategies
- Profiles of the leading companies, including Contemporary Amperex Technology Co. Ltd. (CATL), BYD Company Ltd., LG Energy Solutions, Samsung SDI, and CALB
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 141 |
| Forecast Period | 2024 - 2029 |
| Estimated Market Value (USD) in 2024 | $117.8 Billion |
| Forecasted Market Value (USD) by 2029 | $221.7 Billion |
| Compound Annual Growth Rate | 13.5% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Executive Summary
- Market Outlook
- Scope of Report
- Market Summary
- Market Dynamics and Growth Factors
- Future Trends and Development
- Segmental Analysis
- Regional Insights and Emerging Markets
Chapter 2 Market Overview
- Current Market Overview and Future Scenario
- Value Chain Analysis
- Raw Materials Mining
- Cell Component Manufacturing
- Cell Manufacturing
- Battery Pack Manufacturing
- End Uses
- Battery Recycling and Disposal
- Porter's Five Forces Analysis for Lithium-ion Battery
- Macro-Economic Factors
- Impact of the Russia-Ukraine War on the Global Market
- Raw Material Prices and Supply Chain Dynamics
- Regulatory Framework and Initiatives by Governments
- The European Union
- The U.S.
- China
- India
- Case Study
- CATL
- BYD
Chapter 3 Market Dynamics
- Market Drivers
- Growing Demand for Energy Storage Applications Using Repurposed LIBs
- Increasing Global Sales of Electric Cars
- Falling Lithium-ion Battery Prices Facilitating Increased EV Deployment
- Market Restraints/Challenges
- Inadequate Electric Vehicle Charging Infrastructure in Developing Countries
- Safety Concerns about the Transportation and Storage of Used LIBs
- Market Opportunities
- Government Support for Transportation Electrification
- Grid-Level Use of LIBs Interfaces with Renewable Sources of Energy
Chapter 4 Emerging Technologies and Developments
- Key Emerging Technologies for Lithium-ion Battery
- Role of Artificial Intelligence and Machine Learning in Lithium-ion Battery
- Role of Nanotechnology in Lithium-ion Battery
- Thermal Management Systems (TMS)
- Patent Analysis
- Key Patents
- Key Findings
Chapter 5 Market Segmentation Analysis
- Global Lithium-ion Battery Market by Battery Type
- Key Takeaways for Battery Type
- Lithium Nickel Manganese Cobalt
- Lithium Iron Phosphate
- Lithium Nickle Cobalt Aluminum Oxide
- Others
- Global Lithium-ion Battery Market by Component
- Key Takeaways for Component
- Cathode
- Anodes
- Electrolytes
- Separators
- Others
- Global Lithium-ion Battery Market by Capacity
- Key Takeaways for Capacity
- 60,000 mAh and above
- 10,000-60,000 mAh
- 3,000-10,000 mAh
- Below 3,000 mAh
- Global Lithium-ion Battery Market by Application
- Key Takeaway for Application
- Automotive
- Energy Storage Systems
- Consumer Electronics
- Others
- Market Breakdown by Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Chapter 6 Competitive Landscape
- Market Share Analysis
- Competitive Analysis for Top 5 Companies in Global LIB Market
- CATL
- LG Energy Solution Ltd.
- BYD
- Samsung SDI
- CALB
- Product Mapping in the Global LIB Market
- Key Developments
Chapter 7 Sustainability in the Lithium-ion Battery Market: An ESG Perspective
- Environmental Impact
- Social Impact
- Governance Impact
- Current Status of ESG in the Market
- Consumer Attitudes Towards ESG in the Global LIB Market
- Case Study: Examples of Successful Implementation of ESG
- LG Energy Solution
- Samsung SDI
Company Profiles
- BYD Co. Ltd.
- CALB
- Contemporary Amperex Technology Co. Ltd.
- Eve Energy Co. Ltd.
- Farasis Energy (Ganzhou) Co. Ltd.
- Gotion
- GS Yuasa International Ltd.
- LG Energy Solution
- Panasonic Energy Co. Ltd.
- Samsung SDI
- Shenzhen Bak Battery Co. Ltd.
- SK ON Co. Ltd.
- Tesla
- Toshiba Corp.
- Vehicle Energy Japan Inc.
For more information about this report visit https://www.researchandmarkets.com/r/klajvb
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