It provides data on the battery capacity worldwide and on the market share and performances of different battery chemistries. It includes chapters on batteries for electric vehicles, utility-scale batteries, and battery minerals. If this report contains a copyright violation, please let us know.
Just as analysts tend to underestimate the amount of energy generated from renewable sources, battery demand forecasts typically underestimate the market size and are regularly corrected upwards.
The global battery market size was estimated at USD 134,622.4 million in 2024 and is projected to grow at a CAGR of 16.4% from 2025 to 2030. The increasing adoption of electric vehicles (EVs) is a significant factor driving the growth of the market.
Based on end use, the market is segmented into automobiles, consumer electronics, grid-scale energy storage, telecom, power tools, military & defense, aerospace, and others. The automobile segment has emerged as the largest end use in the global battery industry, capturing over 31.0 % of the market share in 2024.
Although battery growth will confer multiple environmental and social benefits, many challenges lie ahead. To avoid shortages, battery manufacturers must secure a steady supply of both raw material and equipment. They must also channel their investment to the right areas and execute large-scale industrialization efficiently.
Based on application, the market is segmented into automotive batteries, industrial batteries, and portable batteries. The industrial batteries segment emerged as the largest application globally, capturing over 35.0% of the market share in 2024.
Global battery industry
Discover all statistics and data on Battery industry worldwide now on statista !
The European Battery Industry: Navigating a Slowdown Amidst …
Northvolt''s Struggles: A Case Study in the Industry''s Slowdown. One of the most prominent examples illustrating the current challenges in Europe''s battery industry is the recent situation with Northvolt, a Swedish battery manufacturer that had been seen as a key player in Europe''s battery ambitions. Northvolt''s journey has reflected ...
Digital Twin in the Battery Industry
It took some time to agree on the definition and formulation of the basic terms, however, the situation is different in practical research. Here, developers started a bit earlier and came up with the first solutions. ... as outlined in this chapter. To this end, the applicability of DT in the battery industry is described based on identified ...
Battery industry & competitiveness at world level
Today, battery storage is mainly based on lithium-ion batteries, but other technologies may be more suitable in the medium to long term. Sodium-sulphur batteries or flow batteries, for instance, could offer better performance …
Understanding Battery Types, Components …
Analytical testing is integral to the battery industry to ensure the quality, performance and safety of battery components and products. By employing a range of …
Battery Industry Basics: A Glossary for Battery Terms …
Battery Industry Basics: A Glossary for Battery Terms and Terminology Do you speak battery? A roundup of terms, concepts, and acronyms to amp up your fluency. ... is a piece of hardware that measures the voltage, current, and …
Trends in electric vehicle batteries – Global EV Outlook 2024 ...
The battery industry is accelerating plans to develop more affordable chemistries and novel designs. Over the last five years, LFP has moved from a minor share to the rising star of the battery industry, supplying more than 40% of EV demand globally by capacity in 2023, more than double the share recorded in 2020. ...
Battery Market Size, Share & Growth | Industry Report, …
Battery Market Size, Share & Trends Analysis Report By Material (Lead Acid, Lithium Ion, Nickel-based, Sodium-ion, Flow Battery), End-use (Aerospace, Automobile, Consumer Electronics, Telecom), By Application, By Type, By …
Battery Atlas 2022 Shaping the European lithium-ion …
Battery Atlas 2022 Shaping the European lithium-ion battery industry. August 2022; Publisher: PEM of RWTH Aachen; ISBN: 978-3-947920-18-1 ... It starts to outline the situation of the battery cell ...
The Battery Cell Factory of the Future | BCG
6 · By adopting this approach, battery cell producers can improve cost efficiency by up to 30% compared with the current industry average. As price pressure builds amid overcapacity, …
Lithium-ion batteries
Lithium-ion battery manufacturing capacity worldwide in 2023 with a forecast for 2030, by leading region (in gigawatt-hours per year)
This paper analyzes the implications of lithium and its downstream power battery industry chain, which comprise resource, smelting processing, key material and product, and recycling ends. Based on this, the necessity of high-quality development of relevant industrial chain and its basic situation are expounded.
Robin Zeng: Advanced Green Battery is the …
Speech by Robin Zeng, founder and chairman of CATL, at the 2022 World New Energy Vehicle ConferenceFor more than ten years, the new energy vehicle industry has …
Understanding technological innovation and evolution of energy …
The world is facing a series of major challenges such as resource shortage, climate change, environmental pollution, and energy impoverishment [1], [2], [3].The root cause of these challenges is the massive consumption and heavy dependence of human beings on fossil energy [4], [5].The structure of global energy system urgently needs to change from the …
National Battery Industry Strategy 2030
manufactures battery modules. Many of the significant suppliers of the battery industry in Hungary are located directly near the main car manufacturing plants. Since 2016, a total of HUF 1,903.8 billion (EUR 5.29 billion) and approximately 13,757 jobs have been created as a result of working capital investments in the battery industry.
Analysis of the basic situation of my country''s new energy power ...
Analysis of the basic situation of my country''s new energy power lithium battery. In recent years, China''s new energy vehicle industry has developed rapidly. In 2017, the production and sales of new energy vehicles in my country exceeded 700,000, and the number of new energy vehicles has exceeded 1.8 million.
Press Release
This measure has been prepared to maintain the global competitiveness of the secondary battery industry in South Korea in the fiercely competitive situation of securing the supply chain of secondary batteries in major countries such as the U.S. IRA and the EU Critical Raw Materials Act.
Battery Industry Report 2025: Market Data
Innovative battery solutions address issues regarding energy density, battery life, and safety. This report explores key market data as well as areas of innovation and their implications for battery companies worldwide, as …
Development of Lithium and Its Downstream Power Battery Industry …
This paper analyzes the implications of lithium and its downstream power battery industry chain, which comprise resource, smelting processing, key material and product, and recycling ends. Based on this, the necessity of high-quality development of relevant industrial chain and its basic situation are expounded.
Lithium-ion battery demand forecast for …
At a minimum, the battery industry''s growth must help fulfill basic human, product, and economic needs. Important goals include social welfare, inclusive value …
Battery Industry Archives
6 · Category: Battery Industry. Stay up to date with the latest battery news & Updates, breakthroughs in battery technology, and market intelligence & trends in battery technology, energy storage, and electric mobility. ...
Lithium-ion battery demand forecast for 2030
The Battery Report summarizes the most significant developments in the battery industry. This report seeks to provide a comprehensive and accessible overview of the latest battery …
Toward security in sustainable battery raw material …
The industry is likely to confront persistent long-term challenges; it will need to address them to keep up with demand in 2030. This article explores those challenges—namely, reducing carbon emissions across …
Global Isolated Battery Backup Unit (BBU) Market Research …
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
The European Battery Industry: Navigating a Slowdown Amidst …
The European battery industry is facing a significant slowdown, driven by a combination of supply chain constraints, rising energy costs, regulatory complexity, and …
Battery industry worldwide
Battery industry worldwide - Get the report with graphs and tables on statista ! ... Basic Statistic Forecast investment in battery energy storage systems globally 2022-2030
Research of Power Battery Risk Investment: Taking CATL as an …
Analyze the company''s current situation and competitive advantage, and analyze it. Finally, on the basis of valuation analysis, summarize the investment value of the CATL. ... As a leading industry in the lithium battery industry, CATL has been listed for 4 years, and its market value has exceeded trillion yuan. Studying its investment value has
The lead-acid battery industry in China: outlook for …
Cao GQ (2014) China battery industry prospect analysis. In: China battery industry and secondary lead industry summit, Qingdao. ... Wang JL (2011) Situation and development trend of China''s LAB industry. China …
Battery Atlas 2024 (2nd Edition)
These maps comprehensively depict the current status across various sectors, including "Battery Cell Manufacturers," "Battery Equipment Suppliers," "Active Material Suppliers," "Recycling ...
Analysis of the competitive situation among Chinese power battery ...
The high-quality development of lithium resources and the downstream power battery industry chain is crucial for China''s economic transformation and the steady development of strategic emerging ...