UK Lithium-Ion Battery Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020–23
Forecast Years: 2025-2030
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.
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UK Lithium-Ion Battery Market Dynamics: 2025-2030
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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UK Lithium-Ion Battery Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
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
Of them all, the automotive industry holds the largest share of the UK Lithium-Ion Battery Market,
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
Here, England captured the largest market share in the UK Lithium-Ion Battery Market, principally due to the surging adoption of Lithium-Ion batteries in automobiles since the transportation sector is the largest source of carbon emissions in England.
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Top Companies Operating in the UK Lithium-Ion Battery Market:
-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.
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