Advanced Li-ion Battery Technologies Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Date : November 2024

Advanced Li-ion Battery Technologies Market Size Analysis and Top Companies

The global advanced li-ion battery technologies market size is estimated to hit around USD 89.78 billion by 2033, increasing from USD 380.14 billion in 2023 with a CAGR of 15.53% from 2024 to 2033. The major players operating in the advanced Li-ion battery technologies market 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

Market Size by 2033 USD 380.14 Billion
Market Size in 2023 USD 89.78 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

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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