Lithium-ion Battery Market Size, Share & Trends Report

Lithium-ion Battery Market Size, Share & Trends Analysis Report By Product (Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Cobalt Aluminum Oxide), By Application (Automotive, Consumer Electronics), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-1-68038-601-1
  • Number of Pages: 136
  • Format: Electronic (PDF)

Market Segmentation

  • Lithium-Ion Battery Product Outlook (Volume, GWh; Revenue, USD Billion; 2018 - 2030)
    • Lithium cobalt oxide (LCO)
    • Lithium iron phosphate (LFP)
    • Lithium Nickel Cobalt Aluminum Oxide (NCA)
    • Lithium Manganese Oxide (LMO)
    • Lithium Titanate
    • Lithium Nickel Manganese Cobalt (LMC)
  • Lithium-Ion Battery Application Outlook (Volume, GWh; Revenue, USD Billion; 2018 - 2030)
    • Automotive
    • Consumer Electronics
    • Industrial
    • Energy Storage Systems
  • Lithium-Ion Battery Regional Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)
    • North America
      • North America Lithium Ion Battery Market, By Product
        • Lithium cobalt oxide (LCO)
        • Lithium iron phosphate (LFP)
        • Lithium Nickel Cobalt Aluminum Oxide (NCA)
        • Lithium Manganese Oxide (LMO)
        • Lithium Titanate
        • Lithium Nickel Manganese Cobalt (LMC)
      • North America Lithium Ion Battery Market, By Application
        • Automotive
        • Consumer Electronics
        • Industrial
        • Energy Storage Systems
      • U.S.
        • U.S. Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • U.S. Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • Canada
        • Canada Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Canada Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • Mexico
        • Mexico Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Mexico Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
    • Europe
      • Europe Lithium Ion Battery Market, By Product
        • Lithium cobalt oxide (LCO)
        • Lithium iron phosphate (LFP)
        • Lithium Nickel Cobalt Aluminum Oxide (NCA)
        • Lithium Manganese Oxide (LMO)
        • Lithium Titanate
        • Lithium Nickel Manganese Cobalt (LMC)
      • Europe Lithium Ion Battery Market, By Application
        • Automotive
        • Consumer Electronics
        • Industrial
        • Energy Storage Systems
      • Italy
        • Italy Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Italy Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systemss
      • Germany
        • Germany Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Germany Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • Spain
        • Spain Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Spain Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • France
        • France Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • France Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • Russia
        • Russia Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Russia Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • U.K.
        • U.K. Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • U.K Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
    • Asia Pacific
      • Asia Pacific Lithium Ion Battery Market, By Product
        • Lithium cobalt oxide (LCO)
        • Lithium iron phosphate (LFP)
        • Lithium Nickel Cobalt Aluminum Oxide (NCA)
        • Lithium Manganese Oxide (LMO)
        • Lithium Titanate
        • Lithium Nickel Manganese Cobalt (LMC)
      • Asia Pacific Lithium Ion Battery Market, By Application
        • Automotive
        • Consumer Electronics
        • Industrial
        • Energy Storage Systems
      • China
        • China Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • China Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • Japan
        • Japan Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Japan Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • India
        • India Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • India Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • Australia
        • Australia Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Australia Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • South Korea
        • South Korea Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • South Korea Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
    • Central & South America (CSA)
      • CSA Lithium Ion Battery Market, By Product
        • Lithium cobalt oxide (LCO)
        • Lithium iron phosphate (LFP)
        • Lithium Nickel Cobalt Aluminum Oxide (NCA)
        • Lithium Manganese Oxide (LMO)
        • Lithium Titanate
        • Lithium Nickel Manganese Cobalt (LMC)
      • CSA Lithium Ion Battery Market, By Application
        • Automotive
        • Consumer Electronics
        • Industrial
        • Energy Storage Systems
      • Brazil
        • Brazil Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Brazil Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • Colombia
        • Colombia Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Colombia Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • Paraguay
        • Paraguay Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Paraguay Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
    • Middle East & Africa (MEA)
      • MEA Lithium Ion Battery Market, By Product
        • Lithium cobalt oxide (LCO)
        • Lithium iron phosphate (LFP)
        • Lithium Nickel Cobalt Aluminum Oxide (NCA)
        • Lithium Manganese Oxide (LMO)
        • Lithium Titanate
        • Lithium Nickel Manganese Cobalt (LMC)
      • MEA Lithium Ion Battery Market, By Application
        • Automotive
        • Consumer Electronics
        • Industrial
        • Energy Storage Systems
      • Saudi Arabia
        • Saudi Arabia Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Saudi Arabia Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • Egypt
        • Egypt Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • Egypt Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • UAE
        • UAE Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • UAE Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems
      • South Africa
        • South Africa Lithium Ion Battery Market, By Product
          • Lithium cobalt oxide (LCO)
          • Lithium iron phosphate (LFP)
          • Lithium Nickel Cobalt Aluminum Oxide (NCA)
          • Lithium Manganese Oxide (LMO)
          • Lithium Titanate
          • Lithium Nickel Manganese Cobalt (LMC)
        • South Africa Lithium Ion Battery Market, By Application
          • Automotive
          • Consumer Electronics
          • Industrial
          • Energy Storage Systems

Lithium-ion Battery Market Dynamics

Driver: Rising Adoption Of Electric Vehicles

The worldwide registration of electric vehicles (EVs) is anticipated to increase significantly over the forecast period. The rising availability of charging outlets and financial incentives have emerged as crucial factors for the development of this market, bolstered by the lower running cost of EVs compared to conventional ICE-operated vehicles. Rising EV sales set the platform for the significant growth of the e-mobility market over the forecast period. In the last few years, the demand for off-grid power storage systems has increased significantly, which need to be converted and stored. The demand for lithium-ion batteries as energy storage systems is projected to subsequently increase owing to their low weight and limited coverage area. The rising need for these batteries in various sectors such as manufacturing, railways, off-grid wind energy, off-grid solar energy, and energy storage systems coupled with the presence of players such as Saft, NEC Corporation, and Panasonic Corporation is predicted to propel the market growth in the coming years.

Driver: Growing Consumption Of Rechargeable Batteries In Consumer Electronics

Rechargeable batteries are being used more frequently as a result of the rise in portable consumer electronics that use batteries. Portable electronic gadgets including MP3 players, digital cameras, laptops, and smartphones require rechargeable batteries to provide efficient and effective power. Battery technology continues to evolve to meet high performance and power density requirements for devices. Technological advancements such as fuel cell batteries, solid-state lithium-ion, magnesium batteries, gold nanowire batteries, bio plant chargers, and sodium-ion batteries are expected to increase the consumption of rechargeable batteries. Rising demand for rechargeable batteries in consumer products is anticipated to drive the battery market over the coming years.

Restraint - Rising Demand For Substitutes

Rising demand for substitutes, including sodium nickel chloride batteries, lithium-air flow batteries, lead acid batteries, and solid-state batteries, in electric vehicles, energy storage, and consumer electronics is expected to restrain the growth of the lithium-ion battery market over the forecast period. Lithium-air refers to the usage of oxygen as the oxidizer rather than a material. The result is that batteries are five times cheaper and lighter than lithium-ion and able to make phones and cars last five times longer. Rising demand for flow batteries is likely to restrain the growth of the lithium-ion battery market over the forecast period. Demand for sodium-nickel-chloride batteries is growing because their components, such as aluminum oxide, sodium chloride, and nickel, are readily available in the market and are less expensive to manufacture compared to lithium-ion batteries, which again is expected to hamper its market growth.

What Does This Report Include?

This section will provide insights into the contents included in this lithium-ion battery market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Lithium-ion battery market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Lithium-ion battery market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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