PUBLISHER: The Business Research Company | PRODUCT CODE: 1921602
PUBLISHER: The Business Research Company | PRODUCT CODE: 1921602
Dual-ion batteries are a type of rechargeable battery that store and release energy using two different types of ions, typically lithium (Li+) and anions (such as fluoride or chloride). These batteries operate through a unique mechanism in which both positive and negative ions from the electrolyte participate in energy storage and discharge, providing higher energy density and enhanced cycling stability compared to conventional lithium-ion batteries.
The primary types of dual-ion batteries include metal-metal, zinc-ion, metal-organic, sodium-ion, and others. Metal-metal generally refers to interactions, compounds, or systems involving two or more metal elements. These batteries have diverse applications, including portable electronics, medical devices, electric vehicles, and renewable energy storage. They serve various end users, such as the electronics and electrical industries, automotive sector, energy and utilities, infrastructure, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have affected the dual-ion battery market by increasing import costs for raw materials and key components, leading to higher production expenses and slower deployment of new battery technologies. The electric vehicle and renewable energy storage segments are particularly impacted, especially in regions like North America and Europe where dependency on imports is high. However, tariffs have also encouraged local manufacturing investments and regional supply chain diversification, offering opportunities for domestic battery producers to gain market share.
The dual-ion batteries market research report is one of a series of new reports from The Business Research Company that provides dual-ion batteries market statistics, including dual-ion batteries industry global market size, regional shares, competitors with a dual-ion batteries market share, detailed dual-ion batteries market segments, market trends and opportunities, and any further data you may need to thrive in the dual-ion batteries industry. This dual-ion batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The dual-ion batteries market size has grown rapidly in recent years. It will grow from $0.42 billion in 2025 to $0.49 billion in 2026 at a compound annual growth rate (CAGR) of 16.3%. The growth in the historic period can be attributed to growing demand for lithium-ion alternatives, advancements in battery chemistry, rising electric vehicle adoption, increased portable electronics usage, limited conventional battery energy density.
The dual-ion batteries market size is expected to see rapid growth in the next few years. It will grow to $0.9 billion in 2030 at a compound annual growth rate (CAGR) of 16.3%. The growth in the forecast period can be attributed to expansion of renewable energy storage, improvements in dual-ion battery cost efficiency, increased government incentives for clean energy, growing industrial applications, rising focus on battery recycling and circular economy. Major trends in the forecast period include high-energy-density dual-ion batteries, long-cycle-life battery systems, fast-charging energy storage, electrolyte innovation for dual-ion systems, compact & lightweight battery designs.
The rising demand for electric vehicles is expected to drive the growth of the dual-ion batteries market going forward. Electric vehicles (EVs) refer to vehicles powered by one or more electric motors, using energy typically stored in rechargeable batteries. The growing demand for electric vehicles is driven by advancements in battery technology, the shift toward sustainable transportation solutions, rising fuel prices, and the expansion of EV infrastructure. Dual-ion batteries in electric vehicles offer the potential for lower-cost, more efficient, and more sustainable energy storage by utilizing multiple types of ions for energy storage and transfer. For example, in January 2024, according to a report published by the International Council on Clean Transportation, a US-based professional non-profit organization, the share of new vehicle sales that are plug-in electric increased to approximately 7% in 2022 and surpassed 10% by Q3 2023. Therefore, the rising demand for electric vehicles is fueling the growth of the dual-ion batteries market.
Leading companies in the dual-ion batteries market are focusing on the development of innovative solutions, such as dual-mode lithium batteries, to enhance performance and efficiency in applications such as electric vehicles and portable electronics. A dual-mode lithium battery is a rechargeable battery capable of operating in two distinct modes, providing greater versatility. For instance, in August 2024, Xiaomi, a China-based technology company, introduced the Xiaomi MIJIA Electric Sharpener, a multifunctional tool designed for grinding, engraving, polishing, and drilling. This product features a dual-mode lithium battery for flexible power options, a brushless motor with speeds of up to 22,000 RPM, and a slim pen-shaped design that enhances portability and ease of use. Additionally, it supports various applications, making it a versatile tool for consumers.
In July 2024, Enerpoly AB, a Sweden-based manufacturer of zinc-ion batteries, acquired a production line and dry electrode technology from Nilar AB for an undisclosed amount. This acquisition reinforces Enerpoly's commitment to sustainability, as zinc-ion batteries are recognized for their safer chemistry and lower environmental impact compared to conventional lithium-ion batteries. This strategic move is expected to accelerate the company's growth while contributing to global carbon reduction efforts through cleaner energy storage solutions. Nilar AB, a Sweden-based company, specialized in developing and manufacturing nickel metal hydride (NiMH) batteries for stationary energy storage systems.
Major companies operating in the dual-ion batteries market are Hitachi Chemical Company Ltd., BYD Company Limited, Panasonic Corporation, LG Chem Ltd., Sunwoda Electronic Co Ltd., Johnson Controls International plc, Samsung SDI Co Ltd., EVE Energy Co Ltd., EnerSys Inc., JSR Corporation, Tianjin Lishen Battery Joint-Stock Co Ltd., Ambri Inc., Ionic Materials Inc., Jenax Inc., Sion Power Corporation, Electrovaya, Amperex Technology Limited (ATL), Excellatron Solid State LLC, Tiamat Energy S.A., Prieto Battery Inc.
North America was the largest region in the dual-ion batteries market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dual-ion batteries market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the dual-ion batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The dual-ion batteries market consists of sales of graphite and tin disulfide (SnS2) dual-ion batteries, silicon-graphene dual-ion batteries, WS2-graphite dual-ion batteries, dual carbon batteries, and lithium hybrid organic batteries. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Dual-Ion Batteries Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses dual-ion batteries market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for dual-ion batteries ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The dual-ion batteries market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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