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Lithium-Ion Battery Market Share

Report ID: GMI1135
Published Date: Dec 2024
Report Format: PDF

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Lithium-Ion Battery Market Share

Lithium-Ion Battery Market Company Share Analysis, 2024

BYD has emerged as a prominent player in the lithium-ion battery industry, offering a diverse portfolio of both standard and customized solutions. The company drives innovation by utilizing cutting-edge technologies and analytics tools to improve battery performance and operational efficiency. These efforts significantly contribute to the progress and development of the lithium-ion battery industry, supporting its growth and technological advancement.

Lithium-Ion Battery Market Companies

Some of the key market players operating across the lithium-ion battery industry are:

A123 Systems
Akku Tronics New Energy Technology
BYD
Clarios
Ding Tai Battery
Duracell
EaglePicher Technologies
EnerDel
Energon
Energus Power Solutions
Exide Technologies
General Electric
Hitachi Energy
LG Chem
Lithium Werks
Maxell
Padre Electronics
Panasonic
Philips
ProLogium Technology
Saft
Samsung SDI
Tesla
Toshiba

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The global market size for lithium-ion battery was valued at USD 74.7 billion in 2024 and is projected to reach USD 328.1 billion by 2034, driven by a CAGR of 15.8% from 2025 to 2034.

The lithium-ion battery industry from LFP segment is expected to surpass USD 87.9 billion by 2034, driven by its safety, durability, and cost-effectiveness.

The U.S. market is forecasted to exceed USD 95.8 million by 2034, driven by government incentives and advancements in battery technology.

Major players in the industry include A123 Systems, Akku Tronics New Energy Technology, BYD, Clarios, Ding Tai Battery, Duracell, EaglePicher Technologies, EnerDel, Energon, Energus Power Solutions, Exide Technologies, General Electric, and Hitachi Energy.