Press release
United States Lithium-ion Battery Market Set to Surge: Innovations and Growing Demand Drive Global Expansion 2025 | Top key players - LG Chem Ltd, Panasonic Corporation, Samsung SDI Co Ltd.
Market Size and Growth:The Global Lithium-ion Battery Market size reached US$ 43.5 billion in 2023 and is expected to reach US$ 124.4 billion by 2031 growing with a CAGR of 13.5% during the forecast period 2024-2031.
The Lithium-ion Battery Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Lithium Ion Battery market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.
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The Lithium-ion Battery Market refers to the global industry involved in the production, distribution, and sales of lithium-ion batteries, which are rechargeable energy storage devices widely used in consumer electronics, electric vehicles, and renewable energy systems. Market growth is driven by rising EV adoption, demand for portable electronics, and the shift toward sustainable energy solutions.
Recent Key Developments of United States (U.S):
New Manufacturing Plants: Panasonic officially opened a new $4 billion cylindrical lithium-ion battery factory in DeSoto, Kansas, which is one of the largest automotive battery plants in North America and is expected to significantly boost domestic production. (August 2025)
Domestic LFP Battery Production: Ford's new American-owned and operated lithium iron phosphate (LFP) battery plant in Marshall, Michigan, is on track to begin production, aiming to reduce reliance on foreign joint ventures for this specific battery chemistry. (June 2025)
Project Cancellations: A report by Clean Energy Associates highlighted the cancellation of 21 GWh of planned battery energy storage factory capacity in the U.S. this year, with projects from companies like KORE Power and FREYR being delayed or scrapped. (July 2025)
Recycling and Second-Life Batteries: Redwood Materials is focusing on repurposing used battery packs into modular energy storage systems, offering a faster and lower-cost solution for grid-scale applications. (2025)
Technological Innovation: The market is seeing advancements in battery management systems (BMS) that leverage AI to optimize battery performance and extend life. There is also continued R&D in materials like silicon anodes to increase energy density. (June-August 2025)
Key Players:
LG Chem Ltd
Panasonic Corporation
Samsung SDI Co Ltd
BYD Co Ltd
BAK Group
A123 Systems
GS Yuasa Corporation
Hitachi Ltd
Johnsons Controls Inc.
Saft Groupe S.A.
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Market Segmentation:
By Type: Lithium Cobalt Oxide (LiCoO2), Lithium Iron Phosphate (LiFePO4), Lithium Nickel Cobalt Aluminum Oxide (LiNiCoAlO2 or NCA), Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC), Lithium Titanate (Li4Ti5O12 or LTO), Lithium Manganese Oxide.
By Material: Cathode Material, Anode Material, Electrolyte Material, Separator Material, Current Collector Material, Others.
By Capacity: 0 to 3,000 mAh, 3,000 t0 10,000 mAh, 10,000 to 60,000 mAh, 60,000 mAh and Above.
By Voltage: Low (Below 12 V, Medium (12-36V), High (Above 36V).
By End-User: Automotive, Consumer Electronics, Aerospace and Defense, Marine, Industrial, Healthcare, Industrial and Manufacturing, Others.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Lithium Ion Battery market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Lithium Ion Battery Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Lithium Ion Battery market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Lithium Ion Battery Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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People Also Ask:
◆ How big is the Lithium-ion Battery Market in 2025?
◆ What is the projected growth rate of the Lithium-ion Battery Market through 2033?
◆ Who are the key players in the Lithium-ion Battery Market?
◆ Which region is expected to dominate the industry during the forecast period?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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