Global battery market size by technology | Statista

The market for batteries is projected to grow more than four-fold between 2021 and 2030. While the market was sized at nearly 112 billion U.S. dollars in 2021, it is expected to reach the size of almost 424 billion U.S. dollars in 2030. The dominant segment of the market will continue to be the lithium-ion battery segment.

Size of the global battery market from 2018 to 2021, with a forecast through 2030, by technology (in million U.S. dollars)

Characteristic	Lithium-ion Battery	Lead-acid Battery	Zinc-manganese Dioxide Battery	Nickel-metal Hydride (NiMH) Battery	Nickel-cadmium (NiCD) Battery	Flow Battery	Sodium–sulfur (NAS) Battery	Nickel–zinc (NiZn) Battery	Small Sealed Lead-acid Battery	Other Technologies
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Release date

September 2022

More information

Region

Worldwide

Survey time period

2018 to 2021

Supplementary notes

*Forecast.

Citation formats

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Overview

6

Trade

6

Lithium-ion batteries

5

Lithium-ion energy storage systems

6

Recycling

5

Major producers

6

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