With a revenue of over 90 billion U.S. dollars, the Japanese Hitachi Ltd was the largest lithium-ion battery company worldwide. Johnson Corporation, headquartered in Ireland, and Saft, based in France, were the only European companies that made it into the ranking. Get notified via email when this statistic is updated. * For commercial use only
Overtake your competition with ease. Global Lithium-ion Battery Market Size in terms of revenue was estimated to be worth $56.8 billion in 2023 and is poised to reach $187.1 billion by 2032, growing at a CAGR of 14.2% during the forecast period.
Due to the demand for inexpensive, secure batteries with a better energy density, the consumer electronics market for lithium-ion batteries is anticipated to rise significantly in the next years. In terms of regional penetration, the lithium-ion battery market is anticipated to be led by Asia Pacific.
Advancements in the technologies used in wearable devices and consumer electronics in Asia Pacific are also fueling the Lithium-ion Battery Market Growth in the region. China accounted for the largest share of the lithium-ion battery market in Asia Pacific as it is one of the major lithium-ion battery producers in the region.
In terms of regional penetration, the lithium-ion battery market is anticipated to be led by Asia Pacific. Some of the biggest markets for electric vehicles are thought to be in China and Japan.
As per the analysis by Expert Market Research, the global lithium-ion battery market is expected to grow at a CAGR of 10.8% in the forecast period of 2023-2028, owing to the increasing demand for electric vehicles. An advanced type of battery, a lithium-ion (Li-ion) battery makes use of lithium ions as a crucial part of its electrochemistry.
In this provisional report on 2023, demand for lithium-ion batteries in the light vehicle automotive sector grew around 40% last year, up to 712 GWh from 507 GWh in 2022. So, which companies...
LG Energy Solutions is a worldwide leader in the renewable energy industry owing to its development of premium materials and next-generation batteries. The company is a leading …
This report lists the top Lithium-ion Battery companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these …
According to industry experts, high demand has boosted battery manufacturers'' profits and brought heavy competition to the market. And by 2027, the market could further …
With a revenue of over 90 billion U.S. dollars, the Japanese Hitachi Ltd was the largest lithium-ion battery company worldwide.
In the coming years, all these lithium battery companies are likely to see increased demand, particularly as the adoption of Industrial lithium ion batteries in the USA …
The global lithium ion battery recycling market size is projected to grow from $3.79 billion in 2023 to $23.21 billion by 2032, at a CAGR of 22.75%. HOME (current) …
Largest lithium-ion battery companies worldwide FY 2022, by revenue. Revenue of largest lithium-ion battery companies worldwide in financial year 2022 (in billion …
This comparative analysis has highlighted the strengths of leading lithium battery companies, each setting trends in technology, scalability, and sustainability. CATL and LG Chem lead with their extensive reach and …
This report lists the top Lithium-ion Battery companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Lithium-ion …
Largest lithium-ion battery companies worldwide FY 2022, by revenue. Revenue of largest lithium-ion battery companies worldwide in financial year 2022 (in billion U.S. dollars)
In this provisional report on 2023, demand for lithium-ion batteries in the light vehicle automotive sector grew around 40% last year, up to 712 GWh from 507 GWh in 2022. …
This comparative analysis has highlighted the strengths of leading lithium battery companies, each setting trends in technology, scalability, and sustainability. CATL and …
The largest lithium-ion battery companies worldwide were located in the Asian continent. China, South Korea, and Japan led the ranking in 2023.
to supply the construction and mining equipment manufacturer with lithium for battery-powered machinery.26 LG Energy Solution: A Key Supplier for Growing EV Markets ...
To stay competitive, LG is improving its production with smart factory systems in North America. Although profits dropped by 53.7% in late 2023 due to lower EV demand in …
To stay competitive, LG is improving its production with smart factory …
The global Lithium-ion Battery Market Size in terms of revenue was estimated to be worth $56.8 billion in 2023 and is poised to reach $187.1 billion by 2032, growing at a CAGR of 14.2% during the forecast period.
Moreover, companies that actively engage in customer engagement programs and leverage data analytics for market insights can better align their products with consumer needs, ultimately …
Founded in 1998 Country: China Market Cap: $1.08 billion+. Youngy Co Ltd is engaged in the R&D, production, and sale of asphalt and lithium products. Its major revenue-generating products include battery-grade and …
Saft is a battery company like no other. For over 100 years, we have been the preferred battery supplier to some of the world''s most demanding markets. en . Deutsch ... Saft''s primary lithium …
During its Q4 2023 earnings call, the company reported FY2023 operating profit of KRW 2.2 trillion (USD 1.6 billion), which represented 78% year-over-year growth.(24) …
Evaluation and forecast the overall lithium-ion battery market size (in USD millions), and …
Evaluation and forecast the overall lithium-ion battery market size (in USD millions), and corresponding market share analysis by type, component, capacity, application and region ...
LG Energy Solutions is a worldwide leader in the renewable energy industry owing to its development of premium materials and next-generation batteries. The company is a leading producer of chemical-based batteries in the world and …
Exploring the Battery Value Chain. The lithium battery value chain has many links within it that each generate their own revenue opportunities, these include: . Critical …