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Lithium-Ion Battery Market Share

Report ID: GMI1135
Published Date: Jan 2023
Report Format: PDF

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Lithium-Ion Battery Market Share

Top companies operating in the Li-ion battery industry are:

Global Company Market Share Analysis, 2023 (%)

To get key market trends

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Tesla
General Electric
Exide Technologies
BYD Company Ltd.
Energon
Toshiba Corporation
Samsung SDI Co., Ltd.
Panasonic Corporation
LG Chem
Duracell, Inc.
A123 Systems, LLC
Hitachi Energy Ltd.
Clarios
Koninklijke Philips N.V.
Akku Tronics New Energy Technology Co.
Ding Tai Battery Company Ltd.
EaglePicher Technologies, LLC
Padre Electronics Co., Ltd.
Lithium Werks
Saft
ProLogium Technology CO., Ltd.
Energus Power Solutions, Ltd.
Maxell, Ltd.
EnerDel

These participants are foraying into joint ventures and agreements to expand their business footprint and customer reach. For instance, in August 2022, Honda and LG entered a joint agreement for EV battery creation in the U.S. The JV is instituted to supply Li-ion batteries for Acura EV, and Honda models in the North American market.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of lithium-ion battery was crossed 63 billion in 2023 and is expected to record over 16.6% gains through 2032.

The NCA chemistry segment surpassed over USD 5 billion in 2022 owing to product benefits, such as high energy density and life cycle.

The Asia Pacific market size is poised to reach USD 100 billion by 2032 driven by the strong presence of a massive automobile sector in countries such as India, and China.

Tesla, General Electric, Exide Technologies, Energon, Toshiba Corporation, Panasonic Corporation, LG Chem, Lithium Werks, Saft, and EnerDel are some of the key manufacturers of Li-ion batteries.