리튬이온 배터리 시장 규모, 점유율, 성장, 세계 산업 분석 : 유형별, 용도별, 지역별 인사이트, 예측(2026-2034년)

Growth Factors of lithium-ion (Li-ion) battery Market

The global lithium-ion (Li-ion) battery market is experiencing exponential growth due to increasing adoption of electric vehicles (EVs), expanding renewable energy projects, and the growing demand for consumer electronics. Li-ion batteries, a type of rechargeable battery, are widely used in laptops, cellphones, and electric and hybrid vehicles due to their lightweight structure, high energy density, and long cycle life. These batteries convert chemical energy into electrical energy, making them essential in modern energy storage and electric mobility solutions.

Market Size and Forecast

In 2025, the global Li-ion battery market was valued at USD 134.08 billion. The market is projected to grow to USD 206.98 billion in 2026 and is expected to reach USD 865.33 billion by 2034, reflecting a CAGR of 22.85% during the forecast period. Asia Pacific dominated the market in 2025 with a 56.10% share, supported by large-scale EV adoption, booming consumer electronics production, and renewable energy investments. Key players such as BYD Company, CATL, LG Chem, Panasonic, Samsung SDI, and others dominate the regional market, leveraging their strong supply chains and R&D capabilities.

Market Dynamics

Market Drivers:

1. Energy Storage & Power Grid Adoption: Li-ion batteries are increasingly used in renewable energy storage, smart grids, and power systems due to their high temperature resistance, compact installation space, and low maintenance requirements. For instance, in June 2024, GS Yuasa Corporation received orders for a 50 MWh battery storage system from Chiyoda Corporation.

2. Declining Prices: Over the years, manufacturing advancements have reduced Li-ion battery costs, accelerating adoption across sectors including automotive, energy storage, and consumer electronics.

Market Restraints:

The growth of substitute battery technologies-such as sodium-ion, lead-acid, lithium-air, and flow batteries-poses a challenge to Li-ion dominance. Notably, sodium-ion batteries are emerging as a promising alternative; in November 2024, JAC launched an EV powered by sodium-ion batteries in China.

Market Opportunities:

The automotive sector presents huge potential. With approximately 14 million new electric cars registered in 2023, the surge in EV sales is expected to significantly drive Li-ion battery demand globally.

Market Challenges:

Production depends heavily on scarce materials like lithium, cobalt, and nickel, exposing manufacturers to supply chain risks and geopolitical challenges. Scaling production to meet surging demand in renewable energy storage and automotive applications remains a significant challenge.

Market Trends

1. Electric Vehicle Growth: The adoption of EVs mitigates environmental impact and drives Li-ion battery demand. New EV registrations increased by 40% in 2023 compared to 2022, and companies like Tesla widely utilize these batteries.

2. Renewable Energy Storage: Li-ion batteries are critical in managing intermittent energy from solar, wind, and nuclear power. The Moss Landing facility in California (2023) became the world's largest energy storage site, with 750 MW/3000 MWh capacity, underscoring the growing reliance on Li-ion batteries.

Segment Analysis

By Type:

• Lithium Iron Phosphate (LFP) batteries are the fastest-growing segment, expected to hold 52.13% of the market share in 2026, due to their long lifespan, lightweight, and high safety.
• Other types include lithium cobalt oxide, lithium nickel cobalt aluminum oxide, lithium manganese oxide, lithium nickel manganese cobalt, and lithium titanate oxide.

By Application:

• Automotive sector dominates with a 42.52% share in 2026, driven by increasing EV adoption and rising fuel prices.
• Consumer electronics represent the fastest-growing application segment due to the expanding use of smartphones, laptops, and other portable devices.

Regional Outlook

Asia Pacific:

Dominates the market with USD 75.22 billion in 2026, driven by large EV adoption and electronic device demand. China alone is projected at USD 56.23 billion, while India and Japan are expected to reach USD 12.13 billion and USD 9.94 billion, respectively.

North America:

Second-largest market with USD 35.7 billion in 2026, growing at CAGR of 19.06%, fueled by renewable energy integration and EV adoption. The U.S. market is projected at USD 34.23 billion in 2026.

Europe:

Third-largest with USD 29.37 billion in 2026, supported by strict CO2 emission regulations and public-private partnerships promoting battery research. Germany and the U.K. are expected at USD 7.14 billion and USD 4.99 billion, respectively.

Latin America:

Focused on renewable energy storage projects, exemplified by Chile's 560 MWh battery project in Antofagasta.

Middle East & Africa:

Market valued at USD 3.14 billion in 2026, driven by industrial power tools, construction activities, and increasing renewable energy adoption in GCC countries (USD 1.30 billion in 2026).

Competitive Landscape

Major players include BYD, CATL, LG Chem, Panasonic, Samsung SDI, BAK Power, Clarios, Toshiba, Hitachi, A123 Systems, and Saft Group. Companies are increasing production capacity, forming strategic partnerships, and advancing battery technologies to sustain competitiveness. Notable investments include Neuron Energy's 2025 facility in Pune, India and Exide Industries' USD 116.63 million Li-ion project in India.

Conclusion

The global lithium-ion battery market is set to grow from USD 134.08 billion in 2025 to USD 865.33 billion by 2034, at a CAGR of 22.85%, driven by EV adoption, renewable energy integration, and consumer electronics demand. Asia Pacific dominates, followed by North America and Europe. While challenges such as raw material scarcity and alternative battery technologies exist, innovations in LFP, solid-state, and high-capacity Li-ion solutions, alongside government incentives and increasing EV penetration, ensure sustained growth and technological advancement in the market over the next decade.

Segmentation By Type

• Lithium Cobalt Oxide
• Lithium Iron Phosphate
• Lithium Nickel Cobalt Aluminum Oxide
• Lithium Manganese Oxide
• Lithium Nickel Manganese Cobalt
• Lithium Titanate Oxide

By Application

• Automotive
• Consumer Electronics
• Energy Storage System
• Industrial
• Others

By Region

• North America (By Type, By Application, and By Country)
  • U.S. (By Application)
  • Canada (By Application)
• Europe (By Type, By Application, and By Country)
  • U.K. (By Application)
  • Germany (By Application)
  • France (By Application)
  • Italy (By Application)
  • Spain (By Application)
  • Russia (By Application)
  • Rest of Europe (By Application)
• Asia Pacific (By Type, By Application, and By Country)
  • China (By Application)
  • Japan (By Application)
  • India (By Application)
  • Australia (By Application)
  • Southeast Asia (By Application)
  • Rest of Asia Pacific (By Application)
• Latin America (By Type, By Application, and By Country)
  • Brazil (By Application)
  • Mexico (By Application)
  • Rest of Latin America (By Application)
• Middle East & Africa (By Type, By Application, and By Country)
  • GCC (By Application)
  • South Africa (By Application)
  • Rest of Middle East & Africa (By Application)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions & Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Key Emerging Trends - For Major Countries
• 4.2. Latest Technological Advancement
• 4.3. Insight on Regulatory Landscape
• 4.4. Porters Five Forces Analysis
• 4.5. Impact of COVID-19 on the Global Lithium-ion Battery Market

5. Global Lithium-ion Battery Market (KWh & USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 5.1. Key Findings
• 5.2. Market Analysis, Insights, and Forecast - By Type
  • 5.2.1. Lithium Cobalt Oxide
  • 5.2.2. Lithium Iron Phosphate
  • 5.2.3. Lithium Nickel Cobalt Aluminium Oxide
  • 5.2.4. Lithium Manganese Oxide
  • 5.2.5. Lithium Nickel Manganese Cobalt
  • 5.2.6. Lithium Titanate Oxide
• 5.3. Market Analysis, Insights, and Forecast - By Application
  • 5.3.1. Automotive
  • 5.3.2. Consumer Electronics
  • 5.3.3. Energy Storage System
  • 5.3.4. Industrial
  • 5.3.5. Others
• 5.4. Market Analysis, Insights, and Forecast - By Region
  • 5.4.1. North America
  • 5.4.2. Europe
  • 5.4.3. Asia Pacific
  • 5.4.4. Latin America
  • 5.4.5. Middle East & Africa

6. North America Lithium-ion Battery Market (KWh & USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 6.1. Key Findings
• 6.2. Market Analysis, Insights, and Forecast - By Type
  • 6.2.1. Lithium Cobalt Oxide
  • 6.2.2. Lithium Iron Phosphate
  • 6.2.3. Lithium Nickel Cobalt Aluminium Oxide
  • 6.2.4. Lithium Manganese Oxide
  • 6.2.5. Lithium Nickel Manganese Cobalt
  • 6.2.6. Lithium Titanate Oxide
• 6.3. Market Analysis, Insights, and Forecast - By Application
  • 6.3.1. Automotive
  • 6.3.2. Consumer Electronics
  • 6.3.3. Energy Storage System
  • 6.3.4. Industrial
  • 6.3.5. Others
• 6.4. Market Analysis, Insights and Forecast - By Country
  • 6.4.1. U.S. Market Analysis, Insights, and Forecast - By Application
    • 6.4.1.1. Automotive
    • 6.4.1.2. Consumer Electronics
    • 6.4.1.3. Energy Storage System
    • 6.4.1.4. Industrial
    • 6.4.1.5. Others
  • 6.4.2. Canada Market Analysis, Insights, and Forecast - By Application
    • 6.4.2.1. Automotive
    • 6.4.2.2. Consumer Electronics
    • 6.4.2.3. Energy Storage System
    • 6.4.2.4. Industrial
    • 6.4.2.5. Others

7. Europe Lithium-ion Battery Market (KWh & USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 7.1. Key Findings
• 7.2. Market Analysis, Insights, and Forecast - By Type
  • 7.2.1. Lithium Cobalt Oxide
  • 7.2.2. Lithium Iron Phosphate
  • 7.2.3. Lithium Nickel Cobalt Aluminium Oxide
  • 7.2.4. Lithium Manganese Oxide
  • 7.2.5. Lithium Nickel Manganese Cobalt
  • 7.2.6. Lithium Titanate Oxide
• 7.3. Market Analysis, Insights, and Forecast - By Application
  • 7.3.1. Automotive
  • 7.3.2. Consumer Electronics
  • 7.3.3. Energy Storage System
  • 7.3.4. Industrial
  • 7.3.5. Others
• 7.4. Market Analysis, Insights and Forecast - By Country
  • 7.4.1. Germany Market Analysis, Insights, and Forecast - By Application
    • 7.4.1.1. Automotive
    • 7.4.1.2. Consumer Electronics
    • 7.4.1.3. Energy Storage System
    • 7.4.1.4. Industrial
    • 7.4.1.5. Others
  • 7.4.2. France Market Analysis, Insights, and Forecast - By Application
    • 7.4.2.1. Automotive
    • 7.4.2.2. Consumer Electronics
    • 7.4.2.3. Energy Storage System
    • 7.4.2.4. Industrial
    • 7.4.2.5. Others
  • 7.4.3. UK Market Analysis, Insights, and Forecast - By Application
    • 7.4.3.1. Automotive
    • 7.4.3.2. Consumer Electronics
    • 7.4.3.3. Energy Storage System
    • 7.4.3.4. Industrial
    • 7.4.3.5. Others
  • 7.4.4. Italy Market Analysis, Insights, and Forecast - By Application
    • 7.4.4.1. Automotive
    • 7.4.4.2. Consumer Electronics
    • 7.4.4.3. Energy Storage System
    • 7.4.4.4. Industrial
    • 7.4.4.5. Others
  • 7.4.5. Spain Market Analysis, Insights, and Forecast - By Application
    • 7.4.5.1. Automotive
    • 7.4.5.2. Consumer Electronics
    • 7.4.5.3. Energy Storage System
    • 7.4.5.4. Industrial
    • 7.4.5.5. Others
  • 7.4.6. Russia Market Analysis, Insights, and Forecast - By Application
    • 7.4.6.1. Automotive
    • 7.4.6.2. Consumer Electronics
    • 7.4.6.3. Energy Storage System
    • 7.4.6.4. Industrial
    • 7.4.6.5. Others
  • 7.4.7. Rest of Europe Market Analysis, Insights, and Forecast - By Application
    • 7.4.7.1. Automotive
    • 7.4.7.2. Consumer Electronics
    • 7.4.7.3. Energy Storage System
    • 7.4.7.4. Industrial
    • 7.4.7.5. Others

8. Asia Pacific Lithium-ion Battery Market (KWh & USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 8.1. Key Findings
• 8.2. Market Analysis, Insights, and Forecast - By Type
  • 8.2.1. Lithium Cobalt Oxide
  • 8.2.2. Lithium Iron Phosphate
  • 8.2.3. Lithium Nickel Cobalt Aluminium Oxide
  • 8.2.4. Lithium Manganese Oxide
  • 8.2.5. Lithium Nickel Manganese Cobalt
  • 8.2.6. Lithium Titanate Oxide
• 8.3. Market Analysis, Insights, and Forecast - By Application
  • 8.3.1. Automotive
  • 8.3.2. Consumer Electronics
  • 8.3.3. Energy Storage System
  • 8.3.4. Industrial
  • 8.3.5. Others
• 8.4. Market Analysis, Insights and Forecast - By Country
  • 8.4.1. China Market Analysis, Insights, and Forecast - By Application
    • 8.4.1.1. Automotive
    • 8.4.1.2. Consumer Electronics
    • 8.4.1.3. Energy Storage System
    • 8.4.1.4. Industrial
    • 8.4.1.5. Others
  • 8.4.2. Japan Market Analysis, Insights, and Forecast - By Application
    • 8.4.2.1. Automotive
    • 8.4.2.2. Consumer Electronics
    • 8.4.2.3. Energy Storage System
    • 8.4.2.4. Industrial
    • 8.4.2.5. Others
  • 8.4.3. India Market Analysis, Insights, and Forecast - By Application
    • 8.4.3.1. Automotive
    • 8.4.3.2. Consumer Electronics
    • 8.4.3.3. Energy Storage System
    • 8.4.3.4. Industrial
    • 8.4.3.5. Others
  • 8.4.4. Australia Market Analysis, Insights, and Forecast - By Application
    • 8.4.4.1. Automotive
    • 8.4.4.2. Consumer Electronics
    • 8.4.4.3. Energy Storage System
    • 8.4.4.4. Industrial
    • 8.4.4.5. Others
  • 8.4.5. Southeast Asia Market Analysis, Insights, and Forecast - By Application
    • 8.4.5.1. Automotive
    • 8.4.5.2. Consumer Electronics
    • 8.4.5.3. Energy Storage System
    • 8.4.5.4. Industrial
    • 8.4.5.5. Others
  • 8.4.6. Rest of Asia Pacific Market Analysis, Insights, and Forecast - By Application
    • 8.4.6.1. Automotive
    • 8.4.6.2. Consumer Electronics
    • 8.4.6.3. Energy Storage System
    • 8.4.6.4. Industrial
    • 8.4.6.5. Others

9. Latin America Lithium-ion Battery Market (KWh & USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 9.1. Key Findings
• 9.2. Market Analysis, Insights, and Forecast - By Type
  • 9.2.1. Lithium Cobalt Oxide
  • 9.2.2. Lithium Iron Phosphate
  • 9.2.3. Lithium Nickel Cobalt Aluminium Oxide
  • 9.2.4. Lithium Manganese Oxide
  • 9.2.5. Lithium Nickel Manganese Cobalt
  • 9.2.6. Lithium Titanate Oxide
• 9.3. Market Analysis, Insights, and Forecast - By Application
  • 9.3.1. Automotive
  • 9.3.2. Consumer Electronics
  • 9.3.3. Energy Storage System
  • 9.3.4. Industrial
  • 9.3.5. Others
• 9.4. Market Analysis, Insights and Forecast - By Country
  • 9.4.1. Brazil Market Analysis, Insights, and Forecast - By Application
    • 9.4.1.1. Automotive
    • 9.4.1.2. Consumer Electronics
    • 9.4.1.3. Energy Storage System
    • 9.4.1.4. Industrial
    • 9.4.1.5. Others
  • 9.4.2. Mexico Market Analysis, Insights, and Forecast - By Application
    • 9.4.2.1. Automotive
    • 9.4.2.2. Consumer Electronics
    • 9.4.2.3. Energy Storage System
    • 9.4.2.4. Industrial
    • 9.4.2.5. Others
  • 9.4.3. Rest of Latin America Market Analysis, Insights, and Forecast - By Application
    • 9.4.3.1. Automotive
    • 9.4.3.2. Consumer Electronics
    • 9.4.3.3. Energy Storage System
    • 9.4.3.4. Industrial
    • 9.4.3.5. Others

10. Middle East & Africa Lithium-ion Battery Market (KWh & USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 10.1. Key Findings
• 10.2. Market Analysis, Insights, and Forecast - By Type
  • 10.2.1. Lithium Cobalt Oxide
  • 10.2.2. Lithium Iron Phosphate
  • 10.2.3. Lithium Nickel Cobalt Aluminium Oxide
  • 10.2.4. Lithium Manganese Oxide
  • 10.2.5. Lithium Nickel Manganese Cobalt
  • 10.2.6. Lithium Titanate Oxide
• 10.3. Market Analysis, Insights, and Forecast - By Application
  • 10.3.1. Automotive
  • 10.3.2. Consumer Electronics
  • 10.3.3. Energy Storage System
  • 10.3.4. Industrial
  • 10.3.5. Others
• 10.4. Market Analysis, Insights and Forecast - By Country
  • 10.4.1. GCC Market Analysis, Insights, and Forecast - By Application
    • 10.4.1.1. Automotive
    • 10.4.1.2. Consumer Electronics
    • 10.4.1.3. Energy Storage System
    • 10.4.1.4. Industrial
    • 10.4.1.5. Others
  • 10.4.2. South Africa Market Analysis, Insights, and Forecast - By Application
    • 10.4.2.1. Automotive
    • 10.4.2.2. Consumer Electronics
    • 10.4.2.3. Energy Storage System
    • 10.4.2.4. Industrial
    • 10.4.2.5. Others
  • 10.4.3. Rest of Middle East & Africa Market Analysis, Insights, and Forecast - By Application
    • 10.4.3.1. Automotive
    • 10.4.3.2. Consumer Electronics
    • 10.4.3.3. Energy Storage System
    • 10.4.3.4. Industrial
    • 10.4.3.5. Others

11. Competitive Analysis

• 11.1. Company Market Share Analysis, 2025
• 11.2. Company Profile
  • 11.2.1. BYD Company
    • 11.2.1.1. Business Overview
    • 11.2.1.2. Product and Service Offerings
    • 11.2.1.3. Recent Developments
    • 11.2.1.4. Financials (Based on Availability)
  • 11.2.2. LG Chem
    • 11.2.2.1. Business Overview
    • 11.2.2.2. Product and Service Offerings
    • 11.2.2.3. Recent Developments
    • 11.2.2.4. Financials (Based on Availability)
  • 11.2.3. Contemporary Amperex Technology Co. Ltd (CATL)
    • 11.2.3.1. Business Overview
    • 11.2.3.2. Product and Service Offerings
    • 11.2.3.3. Recent Developments
    • 11.2.3.4. Financials (Based on Availability)
  • 11.2.4. Samsung SDI
    • 11.2.4.1. Business Overview
    • 11.2.4.2. Product and Service Offerings
    • 11.2.4.3. Recent Developments
    • 11.2.4.4. Financials (Based on Availability)
  • 11.2.5. Panasonic Corporation
    • 11.2.5.1. Business Overview
    • 11.2.5.2. Product and Service Offerings
    • 11.2.5.3. Recent Developments
    • 11.2.5.4. Financials (Based on Availability)
  • 11.2.6. BAK Power
    • 11.2.6.1. Business Overview
    • 11.2.6.2. Product and Service Offerings
    • 11.2.6.3. Recent Developments
    • 11.2.6.4. Financials (Based on Availability)
  • 11.2.7. Clarios
    • 11.2.7.1. Business Overview
    • 11.2.7.2. Product and Service Offerings
    • 11.2.7.3. Recent Developments
    • 11.2.7.4. Financials (Based on Availability)
  • 11.2.8. Toshiba Corporation
    • 11.2.8.1. Business Overview
    • 11.2.8.2. Product and Service Offerings
    • 11.2.8.3. Recent Developments
    • 11.2.8.4. Financials (Based on Availability)
  • 11.2.9. Hitachi
    • 11.2.9.1. Business Overview
    • 11.2.9.2. Product and Service Offerings
    • 11.2.9.3. Recent Developments
    • 11.2.9.4. Financials (Based on Availability)
  • 11.2.10. Automotive Energy Supply Corporation
    • 11.2.10.1. Business Overview
    • 11.2.10.2. Product and Service Offerings
    • 11.2.10.3. Recent Developments
    • 11.2.10.4. Financials (Based on Availability)
  • 11.2.11. A123 System
    • 11.2.11.1. Business Overview
    • 11.2.11.2. Product and Service Offerings
    • 11.2.11.3. Recent Developments
    • 11.2.11.4. Financials (Based on Availability)
  • 11.2.12. Saft Group S.A.
    • 11.2.12.1. Business Overview
    • 11.2.12.2. Product and Service Offerings
    • 11.2.12.3. Recent Developments
    • 11.2.12.4. Financials (Based on Availability)
  • 11.2.13. AESC Corporation
    • 11.2.13.1. Business Overview
    • 11.2.13.2. Product and Service Offerings
    • 11.2.13.3. Recent Developments
    • 11.2.13.4. Financials (Based on Availability)