Global Next Generation Batteries Market Size & Outlook
Global next generation batteries market, 2018-2030 (US$M)
Global next generation batteries market highlights
- The global next generation batteries market generated a revenue of USD 1,764.5 million in 2023 and is expected to reach USD 3,091.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.3% by 2030.
- In terms of segment, lithium-air batteries accounted for a revenue of USD 1,764.5 million in 2023.
- Lithium-air batteries is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,764.5 million |
| Market revenue in 2030 | USD 3,091.3 million |
| Growth rate | 8.3% (CAGR from 2024 to 2030) |
| Largest segment | Lithium-air batteries |
| Fastest growing segment | Lithium-air batteries |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium-air batteries |
Other key industry trends
- In terms of revenue, the North America accounted for 24.3% of the global next generation batteries market in 2023.
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Next Generation Batteries Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ambri | View profile | 101-250 | Marlborough, Massachusetts, United States, North America | http://www.ambri.com |
| Envia Systems | View profile | 11-50 | Newark, California, United States, North America | http://www.enviasystems.com |
| Seeo | View profile | 11-50 | Hayward, California, United States, North America | http://www.seeo.com |
| Amprius Technologies Inc | View profile | 84 | 1180 Page Avenue, Fremont, CA, United States, 94538 | https://www.amprius.com |
| Sion Power | View profile | 101-250 | Tucson, Arizona, United States, North America | http://www.sionpower.com |
| Phinergy Ltd Ordinary Shares | View profile | 65 | Yodfat 2, E.T. North, Lod, Israel, 7129104 | https://www.phinergy.com |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Global next generation batteries market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to next generation batteries market will help companies and investors design strategic landscapes.
Lithium-air batteries was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global next generation batteries market based on lithium-air batteries covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Next Generation Batteries Technology Outlook (Revenue, USD Million, 2018-2030)
- Lithium-Sulfur Batteries
- Solid-State Batteries
- Lithium-air batteries
- Flow Batteries
- Global Next Generation Batteries Application Outlook (Revenue, USD Million, 2018-2030)
- Electric Vehicles (EVs)
- Consumer Electronics
- Aerospace and Defense
- Energy Storage Systems (ESS)
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Our clientele includes a mix of next generation batteries market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global next generation batteries market , including forecasts for subscribers. This global databook contains high-level insights into Global next generation batteries market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global next generation batteries market size, by regions, 2018-2030 (US$M)
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