Rechargeable Poly Lithium-ion Battery Market To Reach $252.99 Billion By 2030

Rechargeable Poly Lithium-ion Battery Market Growth & Trends

The global rechargeable poly lithium-ion battery market size is expected to reach USD 252.99 billion by 2030, registering a CAGR of 9.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing sales of electric vehicles and variation in customer’s preferences are expected to boost the market growth.

The market has become the dominant battery market for consumer electronic devices and is assured to become routine place for transportation, industrial, and power-storage systems. From a technological point of view, because of high energy density, demand for rechargeable poly lithium ion batteries has been driven by rapid growth of portable electronic equipment, such as laptops, mobiles, and digital cameras.

Additionally, product demand has been enhanced by the anticipation that rechargeable batteries will play as an important alternative energy technology used in electric bikes (e-bikes), hybrid vehicles, stationary energy storage, electric vehicles (EVs), and plug-in hybrid electric vehicles (PHEVs) applications, such as medical, solar power storage, data center, telecommunication, unmanned vehicles, telecom sector, remote stations, and remote location batteries.

The electric vehicles segment application dominated the overall market and accounted for 32.2% share of the total revenue in 2019. The power application segment is expected to register the fastest CAGR of 7.8% from 2020 to 2027.

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Rechargeable Poly Lithium-ion Battery Market Report Highlights

• The electric vehicles segment registered the largest revenue market share of over 33.1% in 2024 and is expected to grow at the fastest CAGR of 10.0% during the forecast period.

• The power segment in the rechargeable poly lithium-ion batteries market is driven by the increasing demand for efficient, lightweight, and high-energy-density solutions across various industries.

• The cylindrical segment accounted for the highest revenue market share of over 55.0% in 2024 and is expected to grow at a significant CAGR of 8.6% during the forecast period.

• The prismatic segment in the rechargeable lithium-ion battery market is driven by its compact design, high energy density, and suitability for space-constrained applications.

• Asia Pacific rechargeable ploy lithium-ion battery market dominated the global market and accounted for the largest revenue share of 31.4% in 2024. It is expected to continue its dominance over the forecast period.

Rechargeable Poly Lithium-ion Battery Market Segmentation

Grand View Research has segmented global rechargeable poly lithium ion battery market report on the basis of structure, application, and region:

Rechargeable Poly Lithium-ion Battery Structure Outlook (Revenue, USD Billion, 2018 - 2030)

• Cylindrical

• Prismatic

Rechargeable Poly Lithium-ion Battery Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Electric Vehicles

• Consumer Electronics

• Power

• Industrial

• Others

Rechargeable Poly Lithium-ion Battery Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Russia

  • Spain

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

•  Central & South America

  • Brazil

  • Argentina

  • Paraguay

• Middle East & Africa

  • Saudi Arabia

  • UAE

  • South Africa

  • Egypt

List of Key Players of Rechargeable Poly Lithium-ion Battery Market

• Sony

• Nikon

• Fujifilm

• Olympus

• Motorola

• 3M

• Koninklijke Philips N.V.

• Kodak

• Maxell

• Nippon Chemicals

• YOK Energy

• Shenzhen Honcell Energy Co. Ltd.

• LiPol Battery Co. Ltd.