Investments needed for battery components demand worldwide 2030

Published by Statista Research Department, Aug 22, 2024

By 2030, the expenditure in battery components needed to meet the global demand will reach 300 billion U.S. dollars. Projections indicate that over half of it will be invested in the cathode technology. 

Overall, investment needs to meet future battery demand will reach 1.6 trillion U.S. dollars by 2040. 

Capital expenditure in battery components required to meet future demand worldwide in 2030 (in billion U.S. dollars)

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Release date

August 2024

Region

Worldwide

Survey time period

2024

Special properties

Based on a base-case scenario.

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