Insights on the Li-ion Battery Market: Opportunities and Challenges Ahead

IDTechEx forecast that the lithium-ion cell market will reach over US$400 billion by 2035 driven by growth in electric vehicles and cars, as well as stationary energy storage systems. While some regional concerns over the rate of EV adoption in 2024 persist, sales of electric vehicles grew rapidly in 2022 and 2023, and the medium-long-term outlook for EV adoption remains strong. Broadly supportive policies alongside continued improvements to battery performance are helping EVs to reach performance parity and improve the profitability of stationary storage systems. Declines in average battery and component prices over 2023 and 2024 will also be beneficial to consumers but have, in turn, impacted the margins of producers, exacerbating the difficulty of new entrants succeeding in the Li-ion market, but the forecast growth in battery demand means accessing the market remains a lucrative opportunity.

 

This webinar will offer a brief insight into the key trends in Li-ion battery technologies and markets, leveraging research from IDTechEx's new report, "Li-ion Battery Market 2025-2035: Technologies, Players, Applications, Outlooks and Forecasts".

 

This webinar will cover: