Global 18650 Cylindrical Battery Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global 18650 Cylindrical Battery market size was valued at US$ 12660 million in 2024 and is forecast to a readjusted size of USD 23590 million by 2031 with a CAGR of 7.8% during review period.
The 18650 cylindrical battery refers to a specific type of rechargeable lithium-ion battery commonly used in a wide range of devices due to its compact size, high energy density, and efficiency.
Key Drivers
Consumer Electronics: Laptops, cameras, and portable devices continue to rely on 18650 batteries for their compact size and proven performance.
Electric Vehicles: While larger formats are preferred for EVs, 18650 cells are still used in some hybrid and low-speed vehicles, particularly in China and Southeast Asia.
Energy Storage: ESS for residential and commercial applications leverage 18650 batteries for their modular design and scalability.
Power Tools: Cordless tools benefit from the 18650’s high discharge rates and robustness.
Market Trends
Technological Advancements: Manufacturers are enhancing 18650 batteries with higher energy densities (up to 350 Wh/kg) and faster charging capabilities (e.g., 4C charging rates).
Niche Applications: The 18650 remains favored in drones, e-bikes, and medical devices due to its size-to-energy ratio.
Sustainability Focus: Growing demand for recycled and sustainable battery solutions is driving innovations in material recovery and circular economy practices.
Challenges
Competition from Larger Formats: The 21700 and 4680 cells offer higher energy and power densities, posing a threat to the 18650’s market share.
Raw Material Costs: Fluctuations in lithium, cobalt, and nickel prices impact production costs and pricing strategies.
Regulatory Pressures: Stringent safety and environmental regulations necessitate continuous improvements in battery design and manufacturing processes.
Geographic Insights
Asia-Pacific: Dominates the market due to robust manufacturing capabilities and high demand from electronics and EV sectors.
North America and Europe: Focus on high-value applications like ESS and premium consumer electronics, with an increasing emphasis on sustainable battery solutions.
Future Outlook
The 18650 cylindrical battery market is expected to maintain stability in the coming years, supported by:
Emerging Markets: Expansion in regions like Africa and Latin America, where cost-effective 18650 solutions are preferred.
Technological Evolution: Advances in silicon-anode and solid-state technologies could enhance 18650 performance, extending its lifecycle.
Vertical Integration: Battery manufacturers are increasingly integrating upstream (mining) and downstream (recycling) operations to secure supply chains and reduce costs.
Conclusion
While the 18650 cylindrical battery faces competition from newer formats, its established ecosystem, cost advantages, and ongoing technological improvements ensure its relevance in diverse markets. As the industry transitions towards sustainable and high-performance energy solutions, the 18650 battery is likely to adapt and thrive in specialized applications.
This report is a detailed and comprehensive analysis for global 18650 Cylindrical Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global 18650 Cylindrical Battery market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2020-2031
Global 18650 Cylindrical Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2020-2031
Global 18650 Cylindrical Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2020-2031
Global 18650 Cylindrical Battery market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/KWh), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for 18650 Cylindrical Battery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global 18650 Cylindrical Battery market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, LG, Samsung, CATL, BYD, EVE, A123 Systems, Sunwoda Electronic, REPT, Great Power, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
18650 Cylindrical Battery market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
NCx
LFP
Others
Market segment by Application
Consumer Electronics
Automotive
Other
Major players covered
Panasonic
LG
Samsung
CATL
BYD
EVE
A123 Systems
Sunwoda Electronic
REPT
Great Power
Gotion High-tech
Farasis Energy
SK on
Lishen
OptimumNano
Murata
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe 18650 Cylindrical Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of 18650 Cylindrical Battery, with price, sales quantity, revenue, and global market share of 18650 Cylindrical Battery from 2020 to 2025.
Chapter 3, the 18650 Cylindrical Battery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 18650 Cylindrical Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and 18650 Cylindrical Battery market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of 18650 Cylindrical Battery.
Chapter 14 and 15, to describe 18650 Cylindrical Battery sales channel, distributors, customers, research findings and conclusion.
The 18650 cylindrical battery refers to a specific type of rechargeable lithium-ion battery commonly used in a wide range of devices due to its compact size, high energy density, and efficiency.
Key Drivers
Consumer Electronics: Laptops, cameras, and portable devices continue to rely on 18650 batteries for their compact size and proven performance.
Electric Vehicles: While larger formats are preferred for EVs, 18650 cells are still used in some hybrid and low-speed vehicles, particularly in China and Southeast Asia.
Energy Storage: ESS for residential and commercial applications leverage 18650 batteries for their modular design and scalability.
Power Tools: Cordless tools benefit from the 18650’s high discharge rates and robustness.
Market Trends
Technological Advancements: Manufacturers are enhancing 18650 batteries with higher energy densities (up to 350 Wh/kg) and faster charging capabilities (e.g., 4C charging rates).
Niche Applications: The 18650 remains favored in drones, e-bikes, and medical devices due to its size-to-energy ratio.
Sustainability Focus: Growing demand for recycled and sustainable battery solutions is driving innovations in material recovery and circular economy practices.
Challenges
Competition from Larger Formats: The 21700 and 4680 cells offer higher energy and power densities, posing a threat to the 18650’s market share.
Raw Material Costs: Fluctuations in lithium, cobalt, and nickel prices impact production costs and pricing strategies.
Regulatory Pressures: Stringent safety and environmental regulations necessitate continuous improvements in battery design and manufacturing processes.
Geographic Insights
Asia-Pacific: Dominates the market due to robust manufacturing capabilities and high demand from electronics and EV sectors.
North America and Europe: Focus on high-value applications like ESS and premium consumer electronics, with an increasing emphasis on sustainable battery solutions.
Future Outlook
The 18650 cylindrical battery market is expected to maintain stability in the coming years, supported by:
Emerging Markets: Expansion in regions like Africa and Latin America, where cost-effective 18650 solutions are preferred.
Technological Evolution: Advances in silicon-anode and solid-state technologies could enhance 18650 performance, extending its lifecycle.
Vertical Integration: Battery manufacturers are increasingly integrating upstream (mining) and downstream (recycling) operations to secure supply chains and reduce costs.
Conclusion
While the 18650 cylindrical battery faces competition from newer formats, its established ecosystem, cost advantages, and ongoing technological improvements ensure its relevance in diverse markets. As the industry transitions towards sustainable and high-performance energy solutions, the 18650 battery is likely to adapt and thrive in specialized applications.
This report is a detailed and comprehensive analysis for global 18650 Cylindrical Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global 18650 Cylindrical Battery market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2020-2031
Global 18650 Cylindrical Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2020-2031
Global 18650 Cylindrical Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2020-2031
Global 18650 Cylindrical Battery market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/KWh), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for 18650 Cylindrical Battery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global 18650 Cylindrical Battery market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, LG, Samsung, CATL, BYD, EVE, A123 Systems, Sunwoda Electronic, REPT, Great Power, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
18650 Cylindrical Battery market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
NCx
LFP
Others
Market segment by Application
Consumer Electronics
Automotive
Other
Major players covered
Panasonic
LG
Samsung
CATL
BYD
EVE
A123 Systems
Sunwoda Electronic
REPT
Great Power
Gotion High-tech
Farasis Energy
SK on
Lishen
OptimumNano
Murata
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe 18650 Cylindrical Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of 18650 Cylindrical Battery, with price, sales quantity, revenue, and global market share of 18650 Cylindrical Battery from 2020 to 2025.
Chapter 3, the 18650 Cylindrical Battery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 18650 Cylindrical Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and 18650 Cylindrical Battery market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of 18650 Cylindrical Battery.
Chapter 14 and 15, to describe 18650 Cylindrical Battery sales channel, distributors, customers, research findings and conclusion.
Table of Contents
139 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: 18650 Cylindrical Battery by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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