Semiconductors

Global Lithium-Ion Battery Market to 2032

Overview

The Global Lithium-Ion Battery Market is expected to reach a market size of 10,867,735.00 (USD Million) by 2032. During the forecast period of 2025–2032, the market is projected to grow at a CAGR of 16.02%.

Revenue, 2024 (USD Million)
2,606,130.75
Forecast, 2032 (USD Million)
10,867,735.00
CAGR, 2024 - 2032
16.02%
Report Coverage
Global

Global Lithium-Ion Battery Market 2018-2032 USD Million

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Global Lithium-Ion Battery Market, Overview (2024-2032)

Market Growth and Projections:

  • Market Size (2024): 2,606,130.75 USD Million
  • Projected Market Size (2032): 10,867,735.00 USD Million
  • CAGR (2024-2032): 16.02%

Key Findings of Global Lithium-Ion Battery Market

  • The Global Lithium-Ion Battery Market is likely to grow at a CAGR of 16.02% during the forecast period of 2024 to 2032.
  • Global Lithium-Ion Battery Marketsize was valued at 2,606,130.75 USD Million in 2024.
  • In 2024, Active Material segment dominated the market with the largest market share.
  • Lithium-Nickel Manganese Cobalt (Li-NMC) in the product segment is expected to witness the fastest growth during the forecast period.

Global Lithium-Ion Battery Market Scope

Global Lithium-Ion Battery Market Segmentation & Scope
Component
  • Non-Active Material
  • Active Material
Chemistry
  • Lithium-Titanate Oxide (LTO)
  • Lithium-Nickel Cobalt Aluminum Oxide (NCA)
  • Lithium-Iron Phosphate (LFP)
  • Lithium-Manganese Oxide (LMO)
  • Lithium Cobalt Oxide (LCO)
  • Lithium-Nickel Manganese Cobalt (Li-NMC)
Recycling Process
  • Physical/ Mechanical Process
  • Pyrometallurgy Process
  • Hydrometallurgical Process

Global Lithium-Ion Battery Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 2,606,130.75 USD Million
Market Value in 2032 10,867,735.00 USD Million
CAGR (2024-2032) 16.02%
Historic Data 2016-2023
Market Segments Covered Component,Chemistry,Recycling Process
Largest Segment Active Material
Fastest Growing Segment Lithium-Nickel Manganese Cobalt (Li-NMC)
Major Players Panasonic Corporation, LG Chem., Saft, Contemporary Amperex Technology Co., Limited, Others, Lithium Energy Japan, A123 Systems LLC, BYD Company Ltd., SAMSUNG SDI CO.,LTD., VARTA AG

Market Segmentation:

  • Product Segment:
    • Largest Segment (2024): Active Material
    • Fastest Growing Segment (2024-2032): Lithium-Nickel Manganese Cobalt (Li-NMC)

Regional Insights:

  • Leading Market (2024-2032): Global
    • Key Country: China, leading in terms of revenue and market share by 2032.

Global Lithium-Ion Battery Market Company Share Analysis

 
Name Market Share OwnnerShip HQ Website
Panasonic Corporation 1,944.00 public/listed Massachusetts www.astrazeneca.com
LG Chem. 1,944.00 public/listed Massachusetts www.astrazeneca.com
Saft 1,944.00 public/listed Massachusetts www.astrazeneca.com
Contemporary Amperex Technology Co. 1,944.00 public/listed Massachusetts www.astrazeneca.com
Limited 1,944.00 public/listed Massachusetts www.astrazeneca.com
Others 1,944.00 public/listed Massachusetts www.astrazeneca.com
Lithium Energy Japan 1,944.00 public/listed Massachusetts www.astrazeneca.com
A123 Systems LLC 1,944.00 public/listed Massachusetts www.astrazeneca.com
BYD Company Ltd. 1,944.00 public/listed Massachusetts www.astrazeneca.com
SAMSUNG SDI CO. 1,944.00 public/listed Massachusetts www.astrazeneca.com
LTD. 1,944.00 public/listed Massachusetts www.astrazeneca.com
VARTA AG 1,944.00 public/listed Massachusetts www.astrazeneca.com
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Global Lithium-Ion Battery Market Geographical Sales Distribution, 2018-2032 USD Million

Global Lithium-Ion Battery Market Geographical Sales Distribution, 2018-2032 USD Million

Global Lithium-Ion Battery Market Company Profiling

Global Lithium-Ion Battery Market Company Profiling
Name Profile # Employees HQ Website
Molnlycke Health Care View profile 5001-10000 Gothenburg, Vastra Gotaland, Sweden, Europe www.molnlycke.com
Molnlycke Health Care View profile 5001-10000 Gothenburg, Vastra Gotaland, Sweden, Europe www.molnlycke.com
Molnlycke Health Care View profile 5001-10000 Gothenburg, Vastra Gotaland, Sweden, Europe www.molnlycke.com
Frequently Asked Questions
The Global Lithium-Ion Battery Market is segmented based on Segmentation Component,Chemistry,Recycling Process.
Global Lithium-Ion Battery Market was valued at USD 2,606,130.75(Revenue in USD Million) in 2021.
Global Lithium-Ion Battery Market is projected to grow at a CAGR of 16.02% during the forecast period of 2024 to 2032.
The estimated market value of the Global Lithium-Ion Battery Market for final year is USD 10,867,735.00 (USD Million).

Global Lithium-Ion Battery Market Scope

Global Lithium-Ion Battery Market Segmentation & Scope
Component
  • Non-Active Material
  • Active Material
Chemistry
  • Lithium-Titanate Oxide (LTO)
  • Lithium-Nickel Cobalt Aluminum Oxide (NCA)
  • Lithium-Iron Phosphate (LFP)
  • Lithium-Manganese Oxide (LMO)
  • Lithium Cobalt Oxide (LCO)
  • Lithium-Nickel Manganese Cobalt (Li-NMC)
Recycling Process
  • Physical/ Mechanical Process
  • Pyrometallurgy Process
  • Hydrometallurgical Process

Global Lithium-Ion Battery Market Company Profiling

Global Lithium-Ion Battery Market Company Profiling
Name Profile # Employees HQ Website
Molnlycke Health Care View profile 5001-10000 Gothenburg, Vastra Gotaland, Sweden, Europe www.molnlycke.com
Molnlycke Health Care View profile 5001-10000 Gothenburg, Vastra Gotaland, Sweden, Europe www.molnlycke.com
Molnlycke Health Care View profile 5001-10000 Gothenburg, Vastra Gotaland, Sweden, Europe www.molnlycke.com
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