UK Lithium-Ion Battery Market Size, Share, Demand, Forecast, Report 2025-2030
The UK Lithium-Ion Battery Market size was valued at aroundUSD 19.2million in 2024and is projected to reachUSD 108.2 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 16.2% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
UK Lithium-Ion Battery Market Driver:
Burgeoning Adoption of Electric Vehicles - Lithium-Ion batteries are used widely as a power source for electric vehicles, the adoption of which is rapidly increasing to attain a long-term transition to a low-carbon economy in the country. EVs run on lithium-ion batteries that help reduce the Green House Gases (GHG) and air pollutants, which emit from road transportation. Hence, the increasing inclination toward EVs is expected to significantly increase the demand for Lithium-ion batteries and, in turn, would drive the overall market during 2025-30.
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Key Market Reports Highlights
Market Dimensions & Projections
Pricing Evaluation
Recent Strategic Moves by Companies
Primary Stakeholders
Import/Export Trend Analysis
Competitive Landscape Assessment
Emerging Opportunities
Market Trends and Indicators
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UK Lithium-Ion Battery Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Type
- Lithium Cobalt Oxide
- Lithium Manganese Oxide
- Lithium Iron Phosphate
- Lithium Nickel Cobalt Aluminum Oxide
- Lithium Titanate Oxide
- Lithium Nickel Manganese Cobalt
- By Application
- Consumer Electronics
- Industrial
- Automotive
- By Voltage
- Low (upto 12V)
- Medium (13V to 35V)
- High (More Than 35V)
- By Power Capacity
- Less Than 3,000 mAh
- 3,000 to 10,000 mAh
- 10,000 to 50,000 mAh
- 50,000 mAh & Above
- By Region
- England
- Scotland
- Wales
- Northern Ireland
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Murata Electronics, Samsung SDI Co. Ltd., Panasonic Industry Europe GmbH, Envision AESC Group Ltd., BYD Co. Ltd., Exide Technologies, GS Yuasa Battery Europe Ltd., Johnson Matthey Battery Systems, LG Chem Europe GmbH, Saft Groupe S.A. and others are looking forward to strengthening their market positions.
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