The market for batteries is projected to grow more than four-fold between 2021 and 2030. While the market was sized at nearly 112 billion U.S. dollars in 2021, it is expected to reach the size of almost 424 billion U.S. dollars in 2030. The dominant segment of the market will continue to be the lithium-ion battery segment.
Size of the global battery market from 2018 to 2021, with a forecast through 2030, by technology
(in million U.S. dollars)
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Inkwood Research. (September 9, 2022). Size of the global battery market from 2018 to 2021, with a forecast through 2030, by technology (in million U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1339880/global-battery-market-size-by-technology/
Inkwood Research. "Size of the global battery market from 2018 to 2021, with a forecast through 2030, by technology (in million U.S. dollars)." Chart. September 9, 2022. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1339880/global-battery-market-size-by-technology/
Inkwood Research. (2022). Size of the global battery market from 2018 to 2021, with a forecast through 2030, by technology (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1339880/global-battery-market-size-by-technology/
Inkwood Research. "Size of The Global Battery Market from 2018 to 2021, with a Forecast through 2030, by Technology (in Million U.S. Dollars)." Statista, Statista Inc., 9 Sep 2022, https://www.statista.com/statistics/1339880/global-battery-market-size-by-technology/
Inkwood Research, Size of the global battery market from 2018 to 2021, with a forecast through 2030, by technology (in million U.S. dollars) Statista, https://www.statista.com/statistics/1339880/global-battery-market-size-by-technology/ (last visited October 31, 2024)
Size of the global battery market from 2018 to 2021, with a forecast through 2030, by technology (in million U.S. dollars) [Graph], Inkwood Research, September 9, 2022. [Online]. Available: https://www.statista.com/statistics/1339880/global-battery-market-size-by-technology/
