Lithium-ion Batteries - Statistics & Facts

Lithium-ion batteries are rechargeable electric devices where lithium moves back and forth from the negative to the positive electrode during the discharge and charging process. Lithium-ion batteries create relatively little waste when disposed, but are subject to aging. Lithium is mined primarily in South America, Australia, and China. It is often found in silicate minerals.

The first lithium-ion battery was commercialized by Japan’s Sony in 1991. Lithium-ion batteries are commonly used in devices such as mobile phones, digital cameras and power tools. Moreover, demand for lithium-ion batteries in the automobile industry is also expected to increase with the growing demand for electronic cars. The lithium-ion battery has become the more sought-after alternative to nickel-metal batteries for electric vehicles, partially due to its lighter weight and smaller size. The power density, safety, recharge time, cost, and other aspects of its technology are expected to continue to improve. It is estimated that the lithium-ion battery market will reach 77 billion U.S. dollars by 2024, with the consumer electronics market taking up the majority of this growth. Panasonic Sanyo, CATL, BYD, Samsung, and LG Chem Ltd. are the major manufacturers of lithium-ion batteries.

Interesting statistics

In the following 3 chapters, you will quickly find the 20 most important statistics relating to "Lithium-ion battery industry".

Lithium-ion Batteries

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Important key figures

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Market Outlook

Focus: Electric Vehicle Industry

Focus: Mobile Device Industry

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