The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. Automotive sector is expected to witness significant growth owing to the low cost of lithium-ion batteries.
Their potential is, however, yet to be reached. It is projected that between 2022 and 2030, the global demand for lithium-ion batteries will increase almost seven-fold, reaching 4.7 terawatt-hours in 2030.
The size of the global lithium-ion battery market was worth USD 68.40 billion in 2023. The global market is anticipated to grow at a CAGR of 14% from 2024 to 2029 and be worth USD 150.14 billion by 2029 from USD 77.98 billion in 2024.
The size of the global lithium market was estimated at USD 37.7 billion in 2022, and during the 2023–2030 forecast period, it is expected to grow at a CAGR of 22.1% from USD 22.1 billion in 2023 to USD 89.8 billion in 2030.
The Lithium-Ion Battery market is segmented into products and applications in our research scope. In 2021, the LCO segment’s revenue share was over 30%, which was the highest.
Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. The global demand for lithium-ion battery cells is forecast to increase from approximately 700 gigawatt-hours in 2022 to 4,700 gigawatt-hours in 2030.
Trends in batteries – Global EV Outlook 2023 – …
In 2022, lithium nickel manganese cobalt oxide (NMC) remained the dominant battery chemistry with a market share of 60%, followed by lithium iron phosphate (LFP) with a share of just under 30%, and nickel cobalt aluminium oxide (NCA) …
Rare earths: batteries global share of consumption 2022 | Statista
Automotive manufacturers'' estimated market share in the U.S. 2023; Global air traffic - number of flights 2004-2024 ... Raw materials recoverable from lithium-ion battery recycling by mineral …
Lithium-ion Battery Market Size, Share, Industry …
The global lithium-ion battery market was valued at USD 64.84 billion in 2023 and is projected to grow from USD 79.44 billion in 2024 to USD 446.85 billion by 2032, exhibiting a CAGR of 23.33% during the forecast …
Lithium Sulfides Market Size, Share, Volume, Value, Trend …
Table 27. Global Lithium Sulfides Market Average Price (US$/Kg) by Region (2024-202*) Table 28. Global Lithium Sulfides Consumption Growth Rate by Region: 2018 VS …
Global EV battery market share in 2023: CATL 36.8%, …
For the full year of 2023, total global battery consumption for electric vehicles was 705.5 GWh, up 38.6 percent from 509.2 GWh in the same period last year, according to data released on February 7 by South Korean …
Global Lithium-Ion Battery Market Size, Trends, Share …
According to Custom Market Insights (CMI), The Global Lithium-Ion Battery Market size was estimated at USD 42.5 billion in 2021 and is expected to reach USD 48.80 billion in 2022 and is anticipated to reach around USD 184.15 …
Lithium-ion Battery Market Size, Share & Growth Report, 2030
The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a CAGR of 20.3% from 2024 to 2030
Global Lithium-Sulfur Battery Supply, Demand and Key …
The global Lithium-Sulfur Battery market size is expected to reach $ 274 million by 2030, rising at a market growth of 33.4% CAGR during the forecast period (2024-2030). ... World Lithium …
Lithium-ion Battery Market Size, Share & Trends Analysis Report …
Lithium-ion Battery Market Size, Share & Trends Analysis Report by Product (LCO, LFP, NCA, LMO, LTO, NMC), by Application (Consumer Electronics, Energy Storage Systems, Industrial), …
Lithium end-usage in the global market share 2023
Lithium, which is at the heart of lithium-ion batteries that revolutionized energy storage, has remained the top end-user of this metal. Why lithium-ion batteries?
Lithium Market Size, Share, Growth Forecast | Analysis [2032]
The global lithium market size was valued at $22.19 billion in 2023 & is projected to grow from $26.88 billion in 2024 to $134.02 billion in 2032 ... Batteries to Hold Major Share …
Lithium-ion Battery Market Size, Share & Growth Report, 2030
The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a CAGR of 20.3% from 2024 to 2030 ... Lithium-ion Battery Market Size, …
Global Battery Market | Size, Share, Trends and Forecast to 2028
The Global Battery Market witnessed exponential growth in the last decade as a battery has become an essential commodity in our everyday life. From powering mobile phones, laptop …
Total lithium demand by sector and scenario, 2020-2040
Total lithium demand by sector and scenario, 2020-2040 - Chart and data by the International Energy Agency. ... Net Zero Roadmap: A Global Pathway to Keep the 1.5 °C Goal in Reach. …
Global EV battery market share in Jan-Nov: CATL 37.4%, BYD …
CATL''s share in the January-November period was higher than the 35.7 percent it achieved in the same period last year, and higher than the 36.9 percent in the January-October …
Global Li-ion battery demand 2022-2030
Forecast global lithium-ion battery market revenue 2025-2030, by segment ... Lithium end-use share in the global market 2023; Global lithium demand 2022-2025; Lithium carbonate price 2010-2023;
Global EV battery market share in Jan-Oct 2024: CATL 36.8%, …
The Chinese power battery giant continues to rank first in the world with a 36.8 percent share and remains the only battery supplier in the world with a market share of more …
Lithium Ion Battery Market Size, Share | CAGR of 18.3%
Report Overview. The global Lithium Ion Battery Market size is expected to be worth around USD 307.8 billion by 2032, from USD 70.7 Billion in 2023, growing at a CAGR of 18.3% during the …
Lithium end-usage in the global market share 2023
Lithium end-use share in the global market 2023; ... Consumption of lithium worldwide by battery and non-battery use 2008-2016; Global annual average price for lithium 2008-2014;
Lithium Battery Copper Foil Market Report | Global Forecast To …
The global lithium battery copper foil market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2028. ... electrolytic copper foil accounted for a major share of the …
Lithium Market Trends, Size & Share
The size of the global lithium market was estimated at USD 37.7 billion in 2022, and during the 2023–2030 forecast period, it is expected to grow at a CAGR of 22.1% from USD 22.1 billion in …
Lithium consumption distribution by application | Statista
Battery production accounted for a 74 percent share of global lithium consumption in 2021. ... estimated market share in the U.S. 2023; Global air traffic - number of …
Lithium Market Size, Share & Growth | Industry …
Lithium Market Size & Trends . The global lithium market size was estimated at USD 31.75 billion in 2023 and is expected to grow at a CAGR of 17.7% from 2024 to 2030. Vehicle electrification is projected to attract a significant volume of …
Global Lithium-Ion Battery Market 2023 by Manufacturers, …
Global Lithium-Ion Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (GWh), and average selling prices (USD/GWh), 2018-2029 …
Outlook for battery and energy demand – Global EV Outlook 2024 ...
Global battery manufacturing capacity by 2030, if announcements are completed in full and on time, could exceed 9 TWh by 2030, of which about 70% is already operational or otherwise …
Lithium-ion Battery Market Size, Share & Trends Analysis Report …
The global lithium-ion battery market size is expected to reach USD 182.53 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of …