21700 Batteries in Automotive Market Size, Share, Growth, and Industry Analysis, By Type (Lithium Cobalt Oxide (LiCoO2), Lithium Manganese Oxide (LiMn2O4), Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2 or NMC), Lithium Iron Phosphate (LiFePO4), Lithium Nickel Cobalt Aluminium Oxide (LiNiCoAlO2), Lithium Titanate (Li4Ti5O12)), Based upon Application (Passenger Cars, Commercial Vehicles), and Regional Forecast to 2033

Market Size Value In

US$ 6.53 Billion in 2025

Market Size Value By

US$ 20.7 Billion by 2033

Growth Rate

CAGR of 15.5% from 2025 to 2033

Forecast Period

2033

Base Year

2024

Historical Data Available

2020

Segments Covered

Type And Application

Regional Scope

• Americas
  • U.S
  • Canada
  • Mexico
  • Brazil
  • Rest of Americas
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Southeast Asia
  • Australia
  • Rest of Asia Pacific
• Middle East & Africa
  • South Africa
  • Egypt
  • Israel
  • Turkey
  • GCC Countries
  • Rest of the Middle East & Africa