DELRAY BEACH, Fla., Sept. 12, 2025 /PRNewswire/ -- The global battery technology market is projected to grow from USD 252.13 billion in 2025 to USD 431.65 billion by 2030, registering a CAGR of 11.4% according to a new report by MarketsandMarkets. This growth is driven by the rapid adoption of electric vehicles, expanding integration of renewable energy, and rising demand for efficient energy storage across industrial, commercial, and consumer applications. Battery technologies are gaining momentum due to their ability to deliver high energy density, faster charging, and extended lifecycle performance, supporting transportation, grid infrastructure, and portable electronics applications. The market is advancing with next-generation chemistries such as lithium-ion, solid-state, flow batteries, and sodium-ion, as industries prioritize safety, sustainability, and performance optimization. Innovations in materials, recycling, and digital battery management systems further enhance efficiency and address supply chain challenges. With global initiatives targeting decarbonization and energy transition, battery technology is emerging as a cornerstone for enabling clean mobility, resilient energy systems, and next-generation electronic solutions.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=253343109
Browse in-depth TOC on "Battery Technology Market"
120 - Tables
60 - Figures
270 - Pages
Battery Technology Market Scope:
Report Coverage | Details |
Market Revenue in 2025 | $ 252.13 billion |
Estimated Value by 2030 | $ 431.65 billion |
Growth Rate | Poised to grow at a CAGR of 11.4% |
Market Size Available for | 2021-2030 |
Forecast Period | 2025-2030 |
Forecast Units | Value (USD Million/Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Battery Type and Region |
Geographies Covered | North America, Europe, Asia Pacific, and Rest of World |
Key Market Challenge | Limited usage capacity of lead acid batteries |
Key Market Opportunities | Innovation and technological advances in sodium-ion batteries |
Key Market Drivers | Rising EV sales |
Lead acid segment is expected to hold a significant share of the battery technology market during the forecast period.
The lead acid segment is expected to hold a significant share of the battery technology market during the forecast period, driven by its widespread adoption in automotive, industrial, and backup power applications. Known for its cost-effectiveness, reliability, and ease of recycling, lead acid technology continues to serve as a preferred solution for uninterruptible power supply (UPS) systems, emergency lighting, and starter batteries in vehicles. Its well-established infrastructure and mature manufacturing base contribute to its strong market position, particularly in developing economies where affordability and accessibility are key considerations. Advancements in valve-regulated lead acid (VRLA) and enhanced flooded batteries (EFB) are improving performance, safety, and maintenance-free operation, further supporting their relevance in critical applications. As industries continue to demand dependable and affordable energy storage solutions, the lead acid segment is expected to maintain its strong presence while complementing the adoption of next-generation battery chemistries.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=253343109
Asia Pacific is projected to hold the largest market share in the battery technology market during the forecast period.
The Asia Pacific region is expected to hold the largest share of the battery technology industry during the forecast period, driven by strong manufacturing capabilities, rising electric vehicle adoption, and large-scale renewable energy integration. Countries such as China, Japan, and South Korea serve as global hubs for battery production, supported by established supply chains, government incentives, and investments in next-generation chemistries. Rapid urbanization and industrial growth across India and Southeast Asia are further boosting demand for energy storage solutions in transportation, grid modernization, and consumer electronics. The region's focus on advancing lithium-ion and solid-state technologies, coupled with developing large-scale gigafactories, underscores its leadership in innovation and production capacity. With increasing policy support for clean energy transition and electrification, the Asia Pacific is positioned to remain the dominant market for battery technologies, setting benchmarks in cost efficiency, scalability, and technological advancements.
Major companies operating in the battery technology companies are: Contemporary Amperex Technology Co., Limited. (China), LG Energy Solution (South Korea), Panasonic Holdings Corporation (Japan), BYD Company Ltd. (China), and SAMSUNG SDI (South Korea).
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=253343109
Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
See More Latest Semiconductor Reports:
Solar Container Market by On-Grid, Off-Grid, Portable, Fixed, Power Capacity (Below 10 KW, Above 50KW), Solar Panels, Batteries, Inverters, Agriculture & Irrigation, Remote Charging Stations, Mining & Military, Energy Companies - Global Forecast to 2030
Solid State Relay Market by Type (Reed Relay, Transformer-coupled, Optocoupled, Magnetic), Current Rating [Low (0-20A), Medium (20A to 50A), High (Above 50A)], Output Voltage (AC, DC, AC/DC), Mounting (Panel, PCB, DIN RAIL) - Global Forecast to 2030
About MarketsandMarkets
MarketsandMarkets has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets.com or follow us on Twitter , LinkedIn and Facebook .
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/battery-technology-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/battery-technology.asp
Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/battery-technology-market-worth-431-65-billion-by-2030---exclusive-report-by-marketsandmarkets-302554929.html
