Advanced Li-ion Battery Technologies Size Analysis and Top Companies
The global advanced Li-ion battery technologies market size is estimated to hit around USD 380.14 billion by 2033 from USD 89.78 billion in 2023 with a CAGR of 15.53% from 2024 to 2033. The companies operating in the advanced Li-ion battery technologies are Broadbit Batteries, SiNode Systems, Unienergy Technology, 24M, NGK, Johnson Battery Technology, US Army Research Lab, Nano Nauvelle, Voltaiq, PARC, Energous, Tanktwo, and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Size by 2033 |
USD 380.14 Billion |
| Market Size in 2023 |
USD 89.78 Billion |
| Market Size in 2024 |
USD 103.68 Billion |
| Market Growth Rate from 2024 to 2033 |
CAGR of 15.53% |
| Largest Market |
Asia Pacific |
| Base Year |
2023 |
| Forecast Period |
2024 to 2033 |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Advanced Li-ion Battery Technologies Key Players
- Broadbit Batteries
- SiNode Systems
- Unienergy Technology
- 24M
- NGK
- Johnson Battery Technology
- US Army Research Lab
- Nano Nauvelle
- Voltaiq
- PARC
- Energous
- Tanktwo
Major breakthroughs in the advanced Li-ion battery technologies market
- In January 2024, The U.S. Department of Energy (DoE) declares the funds more than $131 million for the advanced research and development program on electric vehicle (EV) batteries and charging systems and addressing priorities for another stage of widescale EV commercialization.
- In November 2023, Safire Technology Group, a leading organization working on the development of advanced battery safety technologies, comes into a strategic partnership with the Glatfelter Corporation, a major supplier of the engineered materials for the launch and development of the latest battery separator made for Safire Group’s Safe Impact Resistant Electrolyte (SAFIRE™) for the consumers looking for the enhanced safety and performance from their Lithium-ion (Li-ion) powered applications.
- In September 2023, the U.S. Department of Energy's Advanced Materials & Manufacturing Technologies Office (AMMTO) selected the 8 projects that have been awarded combined worth $2 million for accelerate innovations in recycling, lithium-ion battery (LIB) rejuvenation, reuse administered from the ReCell Center located in Argonne National Laboratory.
- In January 2024, LF Energy Solution, a leading manufacturer of advanced lithium-ion batteries, promised equity investment in Sion Power, the United States-based Startup Company holding the core patent in lithium metal battery technology.
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