"2025-2030 Lithium Battery Market Development Analysis, Future Trends and New Energy Investment Opportunities Research Report"
states that the global lithium battery market size is projected to rise steadily from approximately USD 85 billion in 2025 to over USD 220 billion by 2030, with a compound annual growth rate (CAGR) exceeding 21%. Global electric vehicle (EV) sales are expected to surpass 20 million units in 2025, driving a surge in demand for power batteries. By 2030, this figure is likely to approach 50 million units. The energy storage market is emerging as the second-largest application scenario for lithium batteries. Global shipments of lithium batteries for energy storage are anticipated to reach 150 GWh in 2025 and exceed 800 GWh by 2030.
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