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46mm Cylindrical Cells Market Expands as Demand for High-Energy Density Batteries Rises | Valuates Reports
46mm Cylindrical Cells MarketThe 4680 battery, which measures 46 millimeters in diameter and 80 mm in length, is seen as a game-changer in the battery industry as it is known to increase energy density by five times and output by six times compared to the conventional 2170 type and boost electric vehicles' mileage by 16% on average. Like the 4680 battery, the 4695 and 46120 batteries are both 46mm in diameter but have different heights of 95mm and 120mm respectively. That is, one is 20mm lower than the 4680 battery, and the other is 40mm higher than the 4680 battery. Compared with the 4680 battery, the energy density and output power of the other two 46 series batteries will also be improved.
The global 46mm Cylindrical Cells market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.
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46mm Cylindrical Cells Market Trends
The 46mm Cylindrical Cells market size is growing rapidly, driven by increasing demand for high-energy density and long-cycle life batteries in electric vehicles (EVs), energy storage systems (ESS), and consumer electronics. These cylindrical cells, particularly 46xx battery formats (such as 4680 cells), offer higher energy efficiency, improved thermal management, and faster charging capabilities, making them a preferred choice for next-generation EV battery packs and grid-scale energy storage solutions. The rise of sustainable energy solutions and battery innovations is fueling market growth.
In terms of market share, the automotive industry is a major consumer, with leading EV manufacturers integrating 46mm cylindrical cells to enhance vehicle range, power output, and battery safety. The renewable energy sector is also driving adoption, leveraging these cells for solar and wind energy storage applications. Additionally, advancements in lithium-ion battery chemistry, including silicon anodes and solid-state technology, are further expanding the market's potential.
A comprehensive market analysis highlights the impact of battery technology advancements, increasing R&D investments, and the push for cost-effective and high-performance energy storage solutions. As industries shift toward sustainable and high-capacity energy storage systems, the 46mm Cylindrical Cells market revenue is expected to witness strong growth, particularly in North America, Europe, and Asia-Pacific, where EV production and battery manufacturing capabilities are expanding rapidly.
by Type
• 4680 Battery Cells
• 4695 Battery Cells
• 46105 Battery Cells
• 46120 Battery Cells
by Application
• Electric Vehicle
• Home Energy Storage
By Company
LG Energy Solution, Panasonic Energy, StoreDot, SK On, Samsung SDI, Tesla, CATL, Shenzhen BAK Power Battery, Aspcchina, Tianjin Lishen Battery Co., Ltd., FinDreams Battery, AESC-Group, Gotion High-tech Co., Ltd., CALB-tech, EVE Energy Co., Ltd., Tenpower, Great Power, SVOLT Energy Technology Co., Ltd.
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