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 December 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 December 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: December 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 December 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/
