UK Lithium-Ion Battery Market Growth and Development Insight – Size, Share, Growth, and Industry Analysis | MarkNtel
3 min readMarkNtel Advisors recently published a detailed industry analysis of the UK Lithium-Ion Battery Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
UK Lithium-Ion Battery Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The UK Lithium-Ion Battery Market size was valued at around USD 19.2 million in 2024 and is projected to reach USD 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.
What are the major Driver the UK Lithium-Ion Battery industry?
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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What segments define the UK Lithium-Ion Battery market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
- By Type
- Lithium Cobalt Oxide
- Lithium Manganese Oxide
- Lithium Iron Phosphate
- Lithium Nickel Cobalt Aluminum Oxide
- Lithium Titanate Oxide
- Lithium Nickel Manganese Cobalt
According to report, Amongst all types of Lithium-Ion batteries, Lithium Cobalt Oxide (LCO) batteries are used most extensively due to their high specific energy delivered over a relatively long period under low-load applications.
- By Application
- Consumer Electronics
- Industrial
- Automotive
According to report, Of them all, the automotive industry holds the largest share of the UK Lithium-Ion Battery Market, owing prominently to the rising penetration of electric vehicles in the UK, declining battery prices, and various technological advancements in batteries.
- 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
Explore the Complete UK Lithium-Ion Battery Market Analysis Report – https://www.marknteladvisors.com/research-library/uk-lithium-ion-battery-market.html
Geographical Analysis: UK Lithium-Ion Battery Market
- England
- Scotland
- Wales
- Northern Ireland
UK Lithium-Ion Battery Market Share & Competitive Landscape:
The UK Lithium-Ion Battery Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the UK Lithium-Ion Battery Market are:
- 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.
- Others
Questions Addressed in this Study
- What factors are driving the UK Lithium-Ion Battery Market growth?
- How is the UK Lithium-Ion Battery Market expected to grow over the next five years?
- What are the key insights into the current trends in the UK Lithium-Ion Battery Market?
- What is the current size of the UK Lithium-Ion Battery Market, and how is it projected to change in the future?
6.What is the future outlook for the UK Lithium-Ion Battery Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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