PUBLISHER: Inkwood Research | PRODUCT CODE: 1871249
PUBLISHER: Inkwood Research | PRODUCT CODE: 1871249
China Battery Market Forecast 2025-2032
KEY FINDINGS
The China battery market size is valued at $49.66 billion as of 2025 and is expected to reach $144.78 billion by 2032, progressing with a CAGR of 16.52% during the forecast period, 2025-2032.
China's battery market is surging ahead, fueled by the world's most ambitious electrification agenda and unmatched manufacturing scale. Strong government incentives under the New Energy Vehicle (NEV) policy are propelling EV battery demand to record heights, with subsidies and tax exemptions making electric vehicles increasingly affordable for consumers. According to the Ministry of Industry and Information Technology, NEV sales exceeded 9 million units in 2024, representing a penetration rate above 30%.
MARKET INSIGHTS
Simultaneously, renewable energy adoption is accelerating dramatically, with wind and solar installations requiring massive grid-scale storage solutions to balance intermittent generation. China leads global battery production capacity, accounting for approximately 80% of lithium-ion cell manufacturing worldwide. Furthermore, technological advancement in LFP and emerging solid-state battery technologies is improving cost efficiency while reducing dependence on scarce materials like cobalt. Vertical integration among domestic manufacturers strengthens supply chain resilience, positioning Chinese companies to dominate both domestic and export markets through 2032.
CATL (Contemporary Amperex Technology Co. Limited) represents a global leader in battery cell manufacturing, commanding the largest market share worldwide. Headquartered in Ningde, Fujian Province, CATL supplies virtually every major automotive manufacturer globally, including Tesla, BMW, Volkswagen, and Toyota. The company's product portfolio spans diverse chemistries, from high-nickel NMC for premium applications to cost-effective LFP batteries for mainstream vehicles. CATL pioneered cell-to-pack technology, which eliminates traditional battery modules to increase volumetric efficiency and reduce system costs. Moreover, the company operates massive gigafactories across China, with international facilities under construction in Germany, Hungary, and the United States.
Sodium-ion batteries are emerging as a transformative technology with tremendous potential for large-scale stationary storage and cost-sensitive vehicle applications. CATL launched the first-generation sodium-ion battery in 2021, achieving energy densities approaching 160 Wh/kg while eliminating lithium dependence entirely. Consequently, sodium-ion technology addresses critical supply chain vulnerabilities, as sodium represents one of the most abundant elements on Earth.
Manufacturing processes largely mirror lithium-ion production, enabling existing facilities to adapt with minimal capital investment. Moreover, sodium-ion batteries deliver superior low-temperature performance, maintaining functionality in extreme cold where lithium-ion systems struggle. Fast-charging capabilities outperform LFP batteries, with the potential to reach 80% capacity in just 15 minutes. However, lower energy density currently limits sodium-ion adoption in passenger vehicles, making the technology more suitable for urban electric vehicles, two-wheelers, and energy storage systems.
Chinese manufacturers are accelerating sodium-ion commercialization, with multiple companies announcing production capacity expansions through 2025. HiNa Battery Technology has established pilot production lines in Shanxi Province, targeting grid-scale storage applications. Meanwhile, China's National Development and Reform Commission includes sodium-ion batteries in strategic emerging industry plans, signaling government support for technology development.
Industrial applications show particular promise, with forklifts, mining equipment, and port machinery representing ideal early adoption opportunities. Electric bicycles and scooters, which dominate Chinese urban mobility, could transition to sodium-ion power systems to reduce costs and improve sustainability. Nevertheless, energy density improvements remain essential for broader market acceptance, with researchers targeting 200 Wh/kg to compete effectively with LFP alternatives across diverse applications.
SEGMENTATION ANALYSIS
The China battery market is segmented into aerospace, automobile, consumer electronics, grid-scale energy storage, telecom, power tools, military & defense, and other end uses. The automobile segment is further categorized into ICE engines and electric vehicles. The ICE engines segment is divided into passenger vehicles and commercial vehicles, while the electric vehicles segment includes e-bikes, e-cars, e-buses, and e-trucks.
Grid-scale energy storage is experiencing explosive growth as China pursues ambitious renewable energy targets and grid modernization initiatives. The country aims to install over 400 GW of new renewable capacity by 2030, requiring proportional investment in storage infrastructure to manage intermittent generation. Battery energy storage systems enable frequency regulation, peak shaving, and renewable integration, fundamentally transforming grid operations.
Provincial governments mandate storage installations alongside new wind and solar projects, creating guaranteed demand for multi-megawatt battery systems. Additionally, independent storage power stations are emerging as standalone businesses, buying electricity during low-price periods and selling during peak demand windows. According to China's National Energy Administration, grid-scale battery storage installations exceeded 30 GW in 2024, with projections indicating 100 GW by 2030.
Technological innovation is driving grid-scale storage economics toward profitability, with system costs declining rapidly through manufacturing scale and technological improvements. LFP batteries dominate this segment due to superior cycle life, safety characteristics, and cost advantages over alternative chemistries. Leading players like BYD and CATL offer complete turnkey solutions, including cells, battery management systems, thermal management, and grid integration capabilities. Flow batteries are gaining traction for ultra-long-duration storage applications, with vanadium redox flow batteries deployed in pilot projects across multiple provinces.
Meanwhile, retired EV batteries find second-life applications in stationary storage, with companies establishing cascaded utilization programs that extend battery economic life. Safety regulations continue evolving, with stringent fire prevention and emergency response requirements following several high-profile incidents. Consequently, advanced thermal management systems, early warning algorithms, and fire suppression technologies become critical differentiators for grid-scale storage providers competing in this rapidly expanding market segment.
COMPETITIVE INSIGHTS
Some of the top players operating in the China battery market include A123 Systems LLC, Duracell, Exide Technologies, Johnson Controls Inc, etc.
Johnson Controls Inc operates as a diversified industrial conglomerate with a significant presence in advanced energy storage and automotive battery solutions globally. Headquartered in Cork, Ireland, the company serves automotive, commercial, and residential markets through its Power Solutions division. Johnson Controls produces starting, lighting, and ignition (SLI) batteries for conventional vehicles under well-known brands including VARTA, LTH, and Optima.
The company maintains extensive manufacturing operations across China, supplying both domestic automakers and international brands with lead-acid batteries. Beyond traditional automotive applications, Johnson Controls develops lithium-ion battery systems for hybrid and electric vehicles through strategic partnerships. Manufacturing facilities in Chongqing and Shanghai serve the rapidly growing Chinese EV market with advanced battery technologies.
Furthermore, the company invests heavily in battery recycling infrastructure, operating closed-loop systems that recover lead and other materials from end-of-life batteries. This circular economy approach aligns with China's environmental regulations while ensuring sustainable raw material supplies. Johnson Controls leverages decades of automotive expertise to navigate China's complex regulatory environment and competitive landscape effectively.
1. RESEARCH SCOPE & METHODOLOGY
- 1.1. STUDY OBJECTIVES
- 1.2. METHODOLOGY
- 1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
- 2.1. MARKET SIZE & FORECAST
- 2.2. MARKET OVERVIEW
- 2.3. SCOPE OF STUDY
- 2.4. CRISIS SCENARIO ANALYSIS
- 2.5. MAJOR MARKET FINDINGS
- 2.5.1. CHINA LEADS THE GLOBAL BATTERY MANUFACTURING LANDSCAPE DUE TO MASSIVE DOMESTIC PRODUCTION CAPACITY AND GOVERNMENT SUPPORT FOR ELECTRIFICATION
- 2.5.2. THE COUNTRY ACCOUNTS FOR A SIGNIFICANT SHARE OF GLOBAL LITHIUM-ION BATTERY OUTPUT, DRIVEN BY INVESTMENTS IN ELECTRIC VEHICLE SUPPLY CHAINS
- 2.5.3. CHINA'S RAPID INDUSTRIALIZATION AND URBANIZATION CONTINUE TO FUEL DEMAND FOR ENERGY STORAGE SYSTEMS
- 2.5.4. DOMESTIC OEMS SUCH AS CATL AND BYD DOMINATE BOTH LOCAL AND EXPORT MARKETS, STRENGTHENING SUPPLY CHAIN INTEGRATION
3. MARKET DYNAMICS
- 3.1. KEY DRIVERS
- 3.1.1. STRONG GOVERNMENT INCENTIVES UNDER THE NEW ENERGY VEHICLE POLICY ARE BOOSTING EV BATTERY DEMAND
- 3.1.2. INCREASING ADOPTION OF RENEWABLE ENERGY IS DRIVING INVESTMENTS IN GRID-SCALE STORAGE PROJECTS
- 3.1.3. HIGH TECHNOLOGICAL ADVANCEMENT IN LFP AND SOLID-STATE BATTERY TECHNOLOGIES IS IMPROVING COST-EFFICIENCY
- 3.1.4. RISING EXPORTS OF BATTERY PACKS TO EUROPE AND NORTH AMERICA SUPPORT OVERALL MARKET EXPANSION
- 3.2. KEY RESTRAINTS
- 3.2.1. VOLATILITY IN LITHIUM AND COBALT PRICES CONTINUES TO AFFECT MANUFACTURING MARGINS
- 3.2.2. STRINGENT ENVIRONMENTAL REGULATIONS ARE IMPOSING COST BURDENS ON BATTERY RECYCLING FACILITIES
- 3.2.3. OVERCAPACITY IN LOW-END BATTERY SEGMENTS IS LEADING TO PRICE COMPETITION
- 3.2.4. DEPENDENCE ON IMPORTED RAW MATERIALS LIMITS SUPPLY SECURITY DESPITE LARGE DOMESTIC PRODUCTION
4. KEY ANALYTICS
- 4.1. KEY MARKET TRENDS
- 4.1.1. GROWING FOCUS ON SOLID-STATE AND SODIUM-ION BATTERIES FOR NEXT-GENERATION ENERGY STORAGE
- 4.1.2. VERTICAL INTEGRATION AMONG OEMS TO CONTROL MATERIAL SUPPLY AND CELL PRODUCTION
- 4.1.3. EXPANSION OF CHINESE BATTERY MANUFACTURERS INTO EUROPE AND SOUTHEAST ASIA
- 4.1.4. INCREASING INVESTMENT IN RECYCLING INFRASTRUCTURE TO SUPPORT CIRCULAR ECONOMY TARGETS
- 4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
- 4.3. GROWTH PROSPECT MAPPING
- 4.3.1. GROWTH PROSPECT MAPPING FOR CHINA
- 4.4. MARKET MATURITY ANALYSIS
- 4.5. MARKET CONCENTRATION ANALYSIS
- 4.6. VALUE CHAIN ANALYSIS
- 4.6.1. RAW MATERIALS
- 4.6.2. MINERAL PROCESSING
- 4.6.3. CATHODE MANUFACTURING
- 4.6.4. ANODE PRODUCTION
- 4.6.5. CELL ASSEMBLY
- 4.6.6. PACK INTEGRATION
- 4.7. KEY BUYING CRITERIA
- 4.7.1. ENERGY DENSITY
- 4.7.2. COST EFFECTIVENESS
- 4.7.3. SAFETY PERFORMANCE
- 4.7.4. CYCLE LIFE
- 4.8. REGULATORY FRAMEWORK
5. BATTERY MARKET BY MATERIAL
- 5.1. LEAD ACID
- 5.1.1. SLI
- 5.1.2. STATIONARY
- 5.1.3. MOTIVE
- 5.2. LITHIUM ION
- 5.3. NICKEL-BASED
- 5.4. SODIUM-ION
- 5.5. FLOW BATTERY
- 5.6. SMALL SEALED LEAD-ACID BATTERIES
- 5.7. OTHER MATERIALS
6. BATTERY MARKET BY END USE
- 6.1. AEROSPACE
- 6.2. AUTOMOBILE
- 6.2.1. ICE ENGINES
- 6.2.1.1. PASSENGER VEHICLES
- 6.2.1.2. COMMERCIAL VEHICLES
- 6.2.2. ELECTRIC VEHICLES
- 6.2.2.1. E-BIKES
- 6.2.2.2. E-CARS
- 6.2.2.3. E-BUSES
- 6.2.2.4. E-TRUCKS
- 6.2.1. ICE ENGINES
- 6.3. CONSUMER ELECTRONICS
- 6.4. GRID-SCALE ENERGY STORAGE
- 6.5. TELECOM
- 6.6. POWER TOOLS
- 6.7. MILITARY & DEFENSE
- 6.8. OTHER END USES
7. BATTERY MARKET BY APPLICATION
- 7.1. AUTOMOTIVE BATTERIES
- 7.2. PORTABLE BATTERIES
8. COMPETITIVE LANDSCAPE
- 8.1. KEY STRATEGIC DEVELOPMENTS
- 8.1.1. MERGERS & ACQUISITIONS
- 8.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 8.1.3. PARTNERSHIPS & AGREEMENTS
- 8.1.4. BUSINESS EXPANSIONS & DIVESTITURES
- 8.2. COMPANY PROFILES
- 8.2.1. A123 SYSTEMS LLC
- 8.2.1.1. COMPANY OVERVIEW
- 8.2.1.2. PRODUCTS
- 8.2.1.3. STRENGTHS & CHALLENGES
- 8.2.2. BYD COMPANY LTD
- 8.2.2.1. COMPANY OVERVIEW
- 8.2.2.2. PRODUCTS
- 8.2.2.3. STRENGTHS & CHALLENGES
- 8.2.3. DURACELL
- 8.2.3.1. COMPANY OVERVIEW
- 8.2.3.2. PRODUCTS
- 8.2.3.3. STRENGTHS & CHALLENGES
- 8.2.4. EXIDE TECHNOLOGIES
- 8.2.4.1. COMPANY OVERVIEW
- 8.2.4.2. PRODUCTS
- 8.2.4.3. STRENGTHS & CHALLENGES
- 8.2.5. JOHNSON CONTROLS INC
- 8.2.5.1. COMPANY OVERVIEW
- 8.2.5.2. PRODUCTS
- 8.2.5.3. STRENGTHS & CHALLENGES
- 8.2.6. LG CHEM LTD
- 8.2.6.1. COMPANY OVERVIEW
- 8.2.6.2. PRODUCTS
- 8.2.6.3. STRENGTHS & CHALLENGES
- 8.2.7. PANASONIC CORPORATION
- 8.2.7.1. COMPANY OVERVIEW
- 8.2.7.2. PRODUCTS
- 8.2.7.3. STRENGTHS & CHALLENGES
- 8.2.8. SAMSUNG SDI CO LTD
- 8.2.8.1. COMPANY OVERVIEW
- 8.2.8.2. PRODUCTS
- 8.2.8.3. STRENGTHS & CHALLENGES
- 8.2.9. SAFT GROUPE SA
- 8.2.9.1. COMPANY OVERVIEW
- 8.2.9.2. PRODUCTS
- 8.2.9.3. STRENGTHS & CHALLENGES
- 8.2.1. A123 SYSTEMS LLC
LIST OF TABLES
- TABLE 1: MARKET SNAPSHOT - BATTERY
- TABLE 2: MARKET BY MATERIAL, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 3: MARKET BY MATERIAL, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 4: MARKET BY LEAD ACID, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 5: MARKET BY LEAD ACID, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 6: MARKET BY END USE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 7: MARKET BY END USE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 8: MARKET BY AUTOMOBILE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 9: MARKET BY AUTOMOBILE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 10: MARKET BY ICE ENGINES, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 11: MARKET BY ICE ENGINES, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 12: MARKET BY ELECTRIC VEHICLES, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 13: MARKET BY ELECTRIC VEHICLES, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 14: MARKET BY APPLICATION, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 15: MARKET BY APPLICATION, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 16: LIST OF MERGERS & ACQUISITIONS
- TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
- TABLE 18: LIST OF PARTNERSHIPS & AGREEMENTS
- TABLE 19: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
- FIGURE 1: KEY MARKET TRENDS
- FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
- FIGURE 3: GROWTH PROSPECT MAPPING FOR CHINA
- FIGURE 4: MARKET MATURITY ANALYSIS
- FIGURE 5: MARKET CONCENTRATION ANALYSIS
- FIGURE 6: VALUE CHAIN ANALYSIS
- FIGURE 7: KEY BUYING CRITERIA
- FIGURE 8: SEGMENT GROWTH POTENTIAL, BY MATERIAL, IN 2024
- FIGURE 9: LEAD ACID MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 10: SEGMENT GROWTH POTENTIAL, BY LEAD ACID, IN 2024
- FIGURE 11: SLI MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 12: STATIONARY MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 13: MOTIVE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 14: LITHIUM ION MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 15: NICKEL-BASED MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 16: SODIUM-ION MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 17: FLOW BATTERY MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 18: SMALL SEALED LEAD-ACID BATTERIES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 19: OTHER MATERIALS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 20: SEGMENT GROWTH POTENTIAL, BY END USE, IN 2024
- FIGURE 21: AEROSPACE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 22: AUTOMOBILE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 23: SEGMENT GROWTH POTENTIAL, BY AUTOMOBILE, IN 2024
- FIGURE 24: ICE ENGINES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 25: SEGMENT GROWTH POTENTIAL, BY ICE ENGINES, IN 2024
- FIGURE 26: PASSENGER VEHICLES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 27: COMMERCIAL VEHICLES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 28: ELECTRIC VEHICLES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 29: SEGMENT GROWTH POTENTIAL, BY ELECTRIC VEHICLES, IN 2024
- FIGURE 30: E-BIKES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 31: E-CARS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 32: E-BUSES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 33: E-TRUCKS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 34: CONSUMER ELECTRONICS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 35: GRID-SCALE ENERGY STORAGE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 36: TELECOM MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 37: POWER TOOLS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 38: MILITARY & DEFENSE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 39: OTHER END USES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 40: SEGMENT GROWTH POTENTIAL, BY APPLICATION, IN 2024
- FIGURE 41: AUTOMOTIVE BATTERIES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 42: PORTABLE BATTERIES MARKET SIZE, 2025-2032 (IN $ MILLION)
LIST OF TABLES
- TABLE 1: MARKET SNAPSHOT - BATTERY
- TABLE 2: MARKET BY MATERIAL, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 3: MARKET BY MATERIAL, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 4: MARKET BY LEAD ACID, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 5: MARKET BY LEAD ACID, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 6: MARKET BY END USE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 7: MARKET BY END USE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 8: MARKET BY AUTOMOBILE, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 9: MARKET BY AUTOMOBILE, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 10: MARKET BY ICE ENGINES, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 11: MARKET BY ICE ENGINES, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 12: MARKET BY ELECTRIC VEHICLES, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 13: MARKET BY ELECTRIC VEHICLES, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 14: MARKET BY APPLICATION, HISTORICAL YEARS, 2018-2023 (IN $ MILLION)
- TABLE 15: MARKET BY APPLICATION, FORECAST YEARS, 2025-2032 (IN $ MILLION)
- TABLE 16: LIST OF MERGERS & ACQUISITIONS
- TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
- TABLE 18: LIST OF PARTNERSHIPS & AGREEMENTS
- TABLE 19: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
- FIGURE 1: KEY MARKET TRENDS
- FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
- FIGURE 3: GROWTH PROSPECT MAPPING FOR CHINA
- FIGURE 4: MARKET MATURITY ANALYSIS
- FIGURE 5: MARKET CONCENTRATION ANALYSIS
- FIGURE 6: VALUE CHAIN ANALYSIS
- FIGURE 7: KEY BUYING CRITERIA
- FIGURE 8: SEGMENT GROWTH POTENTIAL, BY MATERIAL, IN 2024
- FIGURE 9: LEAD ACID MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 10: SEGMENT GROWTH POTENTIAL, BY LEAD ACID, IN 2024
- FIGURE 11: SLI MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 12: STATIONARY MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 13: MOTIVE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 14: LITHIUM ION MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 15: NICKEL-BASED MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 16: SODIUM-ION MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 17: FLOW BATTERY MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 18: SMALL SEALED LEAD-ACID BATTERIES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 19: OTHER MATERIALS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 20: SEGMENT GROWTH POTENTIAL, BY END USE, IN 2024
- FIGURE 21: AEROSPACE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 22: AUTOMOBILE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 23: SEGMENT GROWTH POTENTIAL, BY AUTOMOBILE, IN 2024
- FIGURE 24: ICE ENGINES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 25: SEGMENT GROWTH POTENTIAL, BY ICE ENGINES, IN 2024
- FIGURE 26: PASSENGER VEHICLES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 27: COMMERCIAL VEHICLES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 28: ELECTRIC VEHICLES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 29: SEGMENT GROWTH POTENTIAL, BY ELECTRIC VEHICLES, IN 2024
- FIGURE 30: E-BIKES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 31: E-CARS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 32: E-BUSES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 33: E-TRUCKS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 34: CONSUMER ELECTRONICS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 35: GRID-SCALE ENERGY STORAGE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 36: TELECOM MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 37: POWER TOOLS MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 38: MILITARY & DEFENSE MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 39: OTHER END USES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 40: SEGMENT GROWTH POTENTIAL, BY APPLICATION, IN 2024
- FIGURE 41: AUTOMOTIVE BATTERIES MARKET SIZE, 2025-2032 (IN $ MILLION)
- FIGURE 42: PORTABLE BATTERIES MARKET SIZE, 2025-2032 (IN $ MILLION)
