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)
Characteristic
Lithium-ion Battery
Lead-acid Battery
Zinc-manganese Dioxide Battery
Nickel-metal Hydride (NiMH) Battery
Nickel-cadmium (NiCD) Battery
Flow Battery
Sodium–sulfur (NAS) Battery
Nickel–zinc (NiZn) Battery
Small Sealed Lead-acid Battery
Other Technologies
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/