How Big is the UK Lithium-Ion Battery Market?

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. The growth of the market is driven principally due to the various government initiatives toward electrification of the transportation sector to curb carbon emissions. The automotive industry is the primary end-user of Lithium-Ion batteries in the United Kingdom. Besides, the mounting demand for Plug-in Hybrid Electric Vehicles (PHEVs) and the surging number of EV charging points is another crucial aspect projected to boost the market during 2025-30.

Market Statistics

  • Market Size in 2024: USD 19.2 million
  • Market Size By 2030: USD 108.2 million
  • Market Growth Rate (CAGR): 16.2% from 2025-2030

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UK Lithium-Ion Battery Market Insight:

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.

 UK Lithium-Ion Battery Market Segmentation:

The 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

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

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Competitive Landscape:

  • 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.

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Key Highlights of the Report:

  • Market Performance (2025-2030)
  • Strategic Recommendations
  • Current, Historical and Future Market Trends
  • Market Drivers and Leading Competitor
  • SWOT Analysis
  • Structure of the Market
  • Comprehensive Mapping and Recent Advancement

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