Lithium-ion Battery Market - Top Companies and Manufacturers

Companies Dominating the Lithium-ion Battery Landscape

Seimens
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Lyten, Inc
Yoshino Technology
Ascend Elements
Ola Electric

Browse Key Market Insights with Data Illustration:

Lithium-ion Battery Market Size & Share, Growth Trends 2037

In the News

Ascend Elements, a company based in the US that specializes in battery recycling and engineering materials, has recently announced a collaboration agreement with Honda Motor Co. Ltd. The partnership aims to ensure a stable and sustainable supply of recycled lithium-ion battery materials for Honda's electric vehicles in North America.
Ola Electric has revealed its intention to establish a manufacturing plant for cells that will power its lithium-ion (Li-ion) batteries. This battery manufacturing facility will be located in a new integrated plant near Bengaluru, India, that will also produce the company's e-scooters.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of lithium-ion battery is assessed at USD 77.47 billion.

The lithium-ion battery market size was over USD 67.34 billion in 2024 and is anticipated to reach USD 634.97 billion by the end of 2037, witnessing around 18.6% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for smartphones, growing government initiatives, and enlargement of renewable electricity sources will drive the market growth.

Asia Pacific industry is expected to hold largest share of 48% by 2037, driven by rising sales of EVs in the region.

The major players in the market include Seimens, Lyten, Inc, Yoshino Technology, Ascend Elements, Ola Electric.

Lithium-ion Battery Market - Top Companies and Manufacturers

Companies Dominating the Lithium-ion Battery Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the lithium-ion battery market worth?

Why is the demand for lithium-ion battery growing?

Which region dominated the majority of lithium-ion battery industry share?

Who are the top lithium-ion battery companies?