Japan Metal Li-based Battery Casing Market Size & Outlook
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Japan metal li-based battery casing market highlights
- The Japan metal li-based battery casing market generated a revenue of USD 78.4 million in 2023 and is expected to reach USD 161.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, rechargeable was the largest revenue generating type in 2023.
- Rechargeable is the most lucrative type segment registering the fastest growth during the forecast period.
Metal li-based battery casing market data book summary
| Market revenue in 2023 | USD 78.4 million |
| Market revenue in 2030 | USD 161.1 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Rechargeable |
| Fastest growing segment | Rechargeable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primary, Rechargeable |
| Key market players worldwide | Constellium SE Class A, Gestamp Automocion, GF Casting Solutions, Granges AB, Magna International Inc, MINTH Group, NeMaK, Norsk Hydro ASA, Novelis UK, Targray, Thyssenkrupp AG, UACJ |
Other key industry trends
- In terms of revenue, Japan accounted for 1.7% of the global metal li-based battery casing market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China metal li-based battery casing market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 42.1 million by 2030.
Rechargeable was the largest segment with a revenue share of 89.54% in 2023. Horizon Databook has segmented the Japan metal li-based battery casing market based on primary, rechargeable covering the revenue growth of each sub-segment from 2018 to 2030.
As per the IMF, Japan’s economy grew by 1.9% in 2023 and is expected to register a growth of 0.7% in 2024 and 1.0% in 2025. Japan is known for the technological advancements it has made over the years. It is one of the most developed countries in the world.
The automotive sector in the country is the most prominent across the world owing to the presence of several global market players, including Mazda, Honda, Suzuki, Toyota, and Mitsubishi. According to the OICA.
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Metal Li-based Battery Casing Market Scope
Metal Li-based Battery Casing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NeMaK | View profile | 1-10 | Zug, Zug, Switzerland, Europe | https://nemak.ch/ |
| MINTH Group | View profile | 10001+ | Beilun, Zhejiang, China, Asia | http://www.minthgroup.com |
| Granges AB | View profile | 501-1000 | Stockholm, Stockholms Lan, Sweden, Europe | http://www.granges.com |
| GF Casting Solutions | View profile | 501-1000 | Schaffhausen, Schaffhausen, Switzerland, Europe | https://www.gfcs.com/ |
| UACJ | View profile | 10001+ | Otemachi, Tokyo, Japan, Asia | https://www.uacj.co.jp/ |
| Gestamp Automocion | View profile | 44956 | Lebario Industrial Park, Abadino, Spain, 48220 | https://www.gestamp.com |
| Constellium SE Class A | View profile | 12000 | 40-44 rue Washington, Washington Plaza, Paris, France, 75008 | https://www.constellium.com |
| Magna International Inc | View profile | 179000 | 337 Magna Drive, Aurora, ON, Canada, L4G 7K1 | https://www.magna.com |
| Novelis UK | View profile | 5001-10000 | Warrington, Warrington, United Kingdom, Europe | https://www.novelisrecycling.co.uk |
| Targray | View profile | 101-250 | Kirkland, Quebec, Canada, North America | https://www.targray.com/ |
| Thyssenkrupp AG | View profile | 100202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | https://www.thyssenkrupp.com |
| Norsk Hydro ASA | View profile | 32724 | Drammensveien 264, Oslo, Norway, NO-0283 | https://www.hydro.com |
Japan metal li-based battery casing market size, by application, 2018-2030 (US$M)
Japan Metal Li-based Battery Casing Market Outlook Share, 2023 & 2030 (US$M)
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