MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Lithium-ion Battery Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Lithium-ion Battery Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019–22
• Base Year: 2023
• Forecast Years: 2024–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/lithium-ion-battery-market.html (Discover the market potential, platform-specific insights, and key industry trends.)

Lithium-ion Battery Market Outlook

According to the report Lithium-ion Battery Market size was valued at USD 62 Billion in 2023 and is projected to reach USD 172 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.5% during the forecast period, i.e., 2024-30.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

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Lithium-ion Battery Market Drivers:

Frequent Adoption of Li-ion Batteries in Hybrid and Plug-in Vehicles - Most of the market expansion can be attributed to the growing adoption of electric or hybrid vehicles worldwide. The major companies are investing in the production of mobility solutions that are not just sustainable but also ultra-modern in their techniques. This factor has led to a swift increase in the number of electric vehicles, with the common goal of becoming carbon neutral. With companies like Tesla and BYD coming up with high-powered electric vehicles, the market is set to receive a major push in the coming years. Hence, being the essential power source for electric and plug-in vehicles, lithium-ion batteries have gained traction in recent years, which, in turn, has accelerated industry growth.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/lithium-ion-battery-market.html (Explore in-depth analyses, technological trends, and investment patterns.)

Lithium-ion Battery Market Challenge:

Escalating Transportation and Storage Concerns of Consumed Batteries - As per a report by the Environmental Protection Agency published in July 2021, there have been 254 fire incidents at 64 waste facilities because of lithium metal or lithium-ion batteries. Since consumed batteries contain hazardous chemicals, such as acids and heavy metals, including mercury and lead, it is crucial to keep them in watertight containers and store them away from other combustible materials. Besides, it is equally important to keep a Class D extinguisher and sand nearby as a precautionary measure in the case of a fire. Therefore, to overcome such shortcomings and explore new opportunities, manufacturers need to work on lithium-ion battery technology.

Lithium-ion Battery Market Segmentation

The study categorizes the Lithium-ion Battery Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Type

• Lithium Cobalt Oxide
• Lithium Manganese Oxide
• Lithium Iron Phosphate
• Lithium Titanate Oxide
• Lithium Sulfur
• Others (Lithium Nickel Cobalt, etc.)

By End Users

• Automotive
• Consumer Electronics
• Industrial
• Power Grid Stations
• Others (Military & Defense, Marine, Data Centres, etc.)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia Pacific

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/lithium-ion-battery-market.html Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Lithium-ion Battery Market Worldwide: Players, Analysis & Future Outlook

• Samsung SDI
• LG Chem Ltd.
• Hitachi Chemical Co., Ltd.
• Johnson Controls International PLC
• Panasonic Corporation
• Tesla Inc.
• BYD Company
• A124 Systems, LLC
• GS Yuasa Corporation Ltd.
• Saft
• Yinlong Energy China Ltd.
• Toshiba Corporation
• EnerDel, Inc.
• VARTA AG

Others

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online –  https://www.marknteladvisors.com/pricing/lithium-ion-battery-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Lithium-ion Battery Market?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the Lithium-ion Battery Market?
   4. Who are the prominent players in the Lithium-ion Battery Market?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About Us

MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.

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