Global 18650 and 21700 Battery Supply, Demand and Key Producers, 2026-2032

The global 18650 and 21700 Battery market size is expected to reach $ 23110 million by 2032, rising at a market growth of 3.4% CAGR during the forecast period (2026-2032).

21700 batteries have a higher energy density than 18650. The 18650 is one of the most popular types of rechargeable lithium-ion batteries, 18650 has a capacity of 2600-3500mAH while the 21700 can reach up to 5000mAH, which means 21700 cylindrical li-ion cells have more energy density, which can result in more runtime.

The core manufacturers of global 18650 and 21700 Battery include Panasonic, Samsung SDI, LG, Murata and EVE Energy Co., Ltd., etc. The top four manufacturers account for approximately 84% of the global share. From the perspective of product type, 18650 Battery occupies the main position, accounting for 51% share. At the same time, in terms of application, new energy vehicles is the largest downstream field, accounting for 70% share.

This report studies the global 18650 and 21700 Battery production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for 18650 and 21700 Battery and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of 18650 and 21700 Battery that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global 18650 and 21700 Battery total production and demand, 2021-2032, (Million Units)

Global 18650 and 21700 Battery total production value, 2021-2032, (USD Million)

Global 18650 and 21700 Battery production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Million Units), (based on production site)

Global 18650 and 21700 Battery consumption by region & country, CAGR, 2021-2032 & (Million Units)

U.S. VS China: 18650 and 21700 Battery domestic production, consumption, key domestic manufacturers and share

Global 18650 and 21700 Battery production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Million Units)

Global 18650 and 21700 Battery production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Million Units)

Global 18650 and 21700 Battery production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Million Units)

This report profiles key players in the global 18650 and 21700 Battery market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, LG, Samsung SDI, Murata, EVE Energy Co., Ltd., Jiangsu Azure Corporation, BAK Power, Tianjin Lishen, Highstar, Changhong New Energy, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World 18650 and 21700 Battery market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Million Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global 18650 and 21700 Battery Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global 18650 and 21700 Battery Market, Segmentation by Type:
18650 Battery
21700 Battery

Global 18650 and 21700 Battery Market, Segmentation by Application:
New Energy Vehicles
Electric Tool
UAV
Consumer Electronics
Other

Companies Profiled:
Panasonic
LG
Samsung SDI
Murata
EVE Energy Co., Ltd.
Jiangsu Azure Corporation
BAK Power
Tianjin Lishen
Highstar
Changhong New Energy
Zhuoneng New Energy
Far East Wisdom Energy
Great Power

Key Questions Answered:

1. How big is the global 18650 and 21700 Battery market?

2. What is the demand of the global 18650 and 21700 Battery market?

3. What is the year over year growth of the global 18650 and 21700 Battery market?

4. What is the production and production value of the global 18650 and 21700 Battery market?

5. Who are the key producers in the global 18650 and 21700 Battery market?

6. What are the growth factors driving the market demand? Show more