Global EV Li-ion Battery Market Growth 2023-2029

Global EV Li-ion Battery Market Growth 2023-2029

The global EV Li-ion Battery market size is projected to grow from US$ 57660 million in 2022 to US$ 131920 million in 2029; it is expected to grow at a CAGR of 131920 from 2023 to 2029.

Global key players of EV li-ion battery include CATL, BYD, LG Energy Solution, Panasonic, SK on, etc. The top five players hold a share over 80%. China is the largest market, has a share about 64%, followed by Europe, and North America, with share 21% and 10%, separately.

The global passenger xEV (BEVs, PHEVs, HEVs) battery market is currently doubling year-over-year, reaching staggering new levels. Following a blistering fourth quarter, 2021 saw a record 286.1 GWh of passenger EV battery capacity deployed onto roads globally, a remarkable 101.5% increase over 2020 as EV sales, especially battery electric vehicle (“BEV”) and plug-in hybrid electric vehicle (“PHEV”) sales, surged year-over-year. Iithium batteries refer to lithium battery cells, modules and battery packs sold by manufacturers to automotive OEMs.


LPI (LP Information)' newest research report, the “EV Li-ion Battery Industry Forecast” looks at past sales and reviews total world EV Li-ion Battery sales in 2022, providing a comprehensive analysis by region and market sector of projected EV Li-ion Battery sales for 2023 through 2029. With EV Li-ion Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EV Li-ion Battery industry.

This Insight Report provides a comprehensive analysis of the global EV Li-ion Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on EV Li-ion Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global EV Li-ion Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EV Li-ion Battery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global EV Li-ion Battery.

This report presents a comprehensive overview, market shares, and growth opportunities of EV Li-ion Battery market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
NCx
LFP
Other

Segmentation by application
BEV
PHEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CATL
BYD
LG Energy Solution
Panasonic
SK on
Samsung SDI
CALB
Gotion High-tech
Sunwoda
SVOLT
Farasis Energy
Envision AESC
EVE

Key Questions Addressed in this Report

What is the 10-year outlook for the global EV Li-ion Battery market?

What factors are driving EV Li-ion Battery market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do EV Li-ion Battery market opportunities vary by end market size?

How does EV Li-ion Battery break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver. Show more