United States Lithium-ion Battery Market is expected to hit US$ 71.5 billion by 2032 | Major Companies - LG Chem Ltd, Panasonic Corporation, Samsung SDI Co Ltd, BYD Co Ltd, BAK Group

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.

DataM Intelligence has published a new research report on "Lithium-ion Battery Market Size 2026". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Lithium-ion Battery Market encompasses the global industry involved in the production, distribution, and commercialization of rechargeable lithium-ion batteries. These batteries are widely used in consumer electronics, electric vehicles, energy storage systems, and industrial applications due to their high energy density, long cycle life, and low maintenance. The market is driven by rising demand for electric mobility, renewable energy integration, and portable electronics. It includes raw material suppliers, battery manufacturers, and technology developers innovating for efficiency, safety, and sustainability.

Recent Key Developments of United States:

✅ January 2026: Forecasts indicated a potential oversupply of lithium-ion batteries due to rapid domestic factory ramps under IRA incentives, with Korean firms dominating compliant capacity.

✅ December 2025 / January 2026: A historic EPA-approved recycling effort began at Moss Landing BESS for 100,000 damaged lithium-ion modules, processing truckloads into $30 million worth of battery-grade metals. LG Energy Solution expanded its Michigan facility for LFP battery production targeting energy storage, amid a shift to domestic ESS capacity.

✅ December 2025: EV battery cells saw continued price rises amid global supply-demand balance tightening in the lithium-ion sector, benefiting US producers.

✅ November 2025: Toyota opened its first North American lithium-ion battery plant in Liberty, North Carolina, with a $13.9 billion investment and initial capacity focusing on hybrid vehicle batteries, shipping modules to assembly facilities. The plant spans 1,850 acres and aims for 30 GWh annual capacity across 14 lines.

Recent Key Developments of Japan:

✅ January 2026: Panasonic ramped up 4680 cylindrical cell production lines, targeting fivefold capacity gains over prior generations for automotive applications.

✅ December 2025: Japan Airlines mandated lithium-ion cells over 2.7 Wh for air transport at no more than 30% state of charge starting January 2026, enhancing safety protocols.

✅ December 2025: The government released measures to eliminate serious lithium-ion battery fires by 2030, urging better disposal of used and deformed batteries while planning a public portal site.

✅ November 2025: Sumitomo Chemical announced restructuring of its lithium-ion secondary battery separator business to adapt to market changes.

List of the Key Players in the Lithium-ion Battery Market:

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.

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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).

Segments Covered in the Lithium-ion Battery Market:

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:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Lithium-ion Battery manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Lithium-ion Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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People Also Ask:

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◆ Which region is expected to dominate the industry during the forecast period?

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