Li-ion Portable Battery Market Size and Growth Forecast: Global Insights and Analysis
Report ID : 1334667 | Published : March 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Li-ion Portable Battery Market is categorized based on Product Type (Lithium Nickel Manganese Cobalt Oxide (NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Manganese Oxide (LMO), Lithium Titanate (LTO)) and Application (Consumer Electronics, Electric Vehicles, Energy Storage Systems, Medical Devices, Power Tools) and End-User (Residential, Commercial, Industrial, Automotive, Healthcare) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
As of 2023, the Li-ion Portable Battery Market size stood at $26.67 billion and is expected to attain $71.82 billion by 2033, growing at a 10.3% CAGR from 2024 through 2033. The report includes diverse segments and offers an analysis of trends and factors substantially impacting the market.
The last few years have seen major growth in the portable Lithium-Ion battery market. This can be attributed to the increasing usage and demand of portable electronic gadgets and the growing popularity of renewable energy. As technology develops further, consumers and businesses are looking to industries to provide reliable, efficient, and lightweight energy storage solutions. This surge in demand has positioned lithium-ion batteries as a preferred choice because of their high energy density, long life cycle, and lower environmental pollution as compared to conventional batteries.
In addition, the rise of electric vehicles along with the focus on renewable energy has greatly accelerated the development of the Li-ion battery portable market. As industries and consumers shift towards greener options, the supply of new batteries of higher complexity will have to satisfy the demands of electric propulsion as well as energy storage systems. This market is not only a capture of growing technologies but also changing consumer behavior toward cleaner and more efficient energy sources which is a clear opportunity for investment and innovation.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Samsung SDI, LG Chem, Panasonic Corporation, CATL (Contemporary Amperex Technology Co., Limited), BYD Company Limited, Sony Corporation, A123 Systems LLC, Toshiba Corporation, Maxwell Technologies (a part of Tesla Inc.), EVE Energy Co. Ltd., SK Innovation |
| SEGMENTS COVERED |
By Product Type - Lithium Nickel Manganese Cobalt Oxide (NMC), Lithium Iron Phosphate (LFP), Lithium Cobalt Oxide (LCO), Lithium Manganese Oxide (LMO), Lithium Titanate (LTO)
By Application - Consumer Electronics, Electric Vehicles, Energy Storage Systems, Medical Devices, Power Tools
By End-User - Residential, Commercial, Industrial, Automotive, Healthcare
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Li-ion Portable Battery Market Dynamics
The Li-ion Portable Battery Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Li-ion Portable Battery Market Segmentations
Market Breakup by Product Type
- Overview
- Lithium Nickel Manganese Cobalt Oxide (NMC)
- Lithium Iron Phosphate (LFP)
- Lithium Cobalt Oxide (LCO)
- Lithium Manganese Oxide (LMO)
- Lithium Titanate (LTO)
Market Breakup by Application
- Overview
- Consumer Electronics
- Electric Vehicles
- Energy Storage Systems
- Medical Devices
- Power Tools
Market Breakup by End-User
- Overview
- Residential
- Commercial
- Industrial
- Automotive
- Healthcare
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Li-ion Portable Battery Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Samsung SDI
- LG Chem
- Panasonic Corporation
- CATL (Contemporary Amperex Technology Co.
- Limited)
- BYD Company Limited
- Sony Corporation
- A123 Systems LLC
- Toshiba Corporation
- Maxwell Technologies (a part of Tesla Inc.)
- EVE Energy Co. Ltd.
- SK Innovation
Customization Options
Verified Industry Insights offers one of the following report customization options to our respectable clients :
Company Profiling
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
Competitive Benchmarking
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research
Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439
© 2024 Verified Industry Insights. All Rights Reserved