Industrial Production Products & Services · Direct
Monitoring · monthlyProcurement Category Intelligence
Lithium-Ion Batteries
Overview
Market size
$90.0B
global, USD
CAGR
19.0%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
5 high severity
Market outlook
2031$214.8B
What changed
Demand by region
China demand58%
Europe demand19%
North America demand16%
Rest of world demand7%
share of global demandtotal 100%
Cost drivers
Cathode materials (Lithium, Nickel, Cobalt, Manganese, Phosphorus)42%
Manufacturing and facility energy costs23%
Anode and other structural components (Graphite, Copper, Aluminum)17%
Labor, overhead, and plant operations11%
Inbound and outbound logistics7%
share of delivered cost (analyst estimate)