Key Electric Vehicle Battery Market Players:
- CATL (Contemporary Amperex Technology Co. Ltd)
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- LG Energy Solution
- Samsung SDI
- BYD Co. Ltd
- Tesla Inc.
- SK Innovation
- Exide Industries
- Johnson Matthey
- Redflow Limited
- MIDA Battery Tech
- Gotion High-Tech
- Farasis Energy
- Sunwoda
- SVOLT
- Northvolt
The EV battery market is highly competitive, led by major players from China and South Korea, with growing input from the U.S. and Europe. CATL leads in innovation, while LG Energy and Samsung SDI focus on scale. Panasonic and AESC prioritize reliability and solid-state research, and Tesla integrates batteries across its ecosystem. Global companies are investing in R&D, partnerships, and localized production to strengthen their market presence. Given below is a list of top global firms leading the electric vehicle battery market.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
The electric vehicle battery market sector was valued at USD 81.41 billion in 2025 and is projected to expand at a profitable CAGR of 14.1% during the forecast period, i.e., 2025-2037.
The global electric vehicle battery market registered a profitable valuation of USD 81.41 billion in 2025 and is poised to reach USD 299.6 billion by 2035 expanding at a CAGR of 14.1% during the forecast period, i.e., 2026-2035.
The major players in the market are LG Energy Solution, Samsung SDI, BYD Co. Ltd, Tesla Inc., and others.
By battery type, the lithium-ion battery segment is expected to hold a dominant share of 60% by 2035, owing to its superior energy density, extended lifespan, and ability to scale efficiently, making it well-suited for electric vehicles.
Asia Pacific is anticipated to garner a robust share of 40% from 2026 to 2035 due to strong government backing, increasing urbanization, and rising environmental concerns.
