EV Battery Market Size, Share, Trends, and Analysis (2025–2030)

The EV battery market size is projected to reach USD 251.33 billion by 2035 from USD 91.93 billion in 2024 at a CAGR of 9.6%. Electric vehicles (EVs) are no longer niche — they are rapidly becoming the backbone of the future mobility paradigm. At the heart of every EV lies its battery, and thus the EV battery market size is one of the most critical barometers of how fast and far electrification...
EV Battery Market Share: Global Growth & 2035 Outlook

The global EV battery market is undergoing rapid transformation, with market share increasingly concentrated among top manufacturers and regions. Major players like CATL, BYD, and LG Energy Solution dominate the competitive landscape: as of mid-2024, CATL leads with a commanding 37.8% global market share, followed by BYD at 15.8% and LG Energy Solution holding a smaller, but substantial, portion.
The...