India Lithium-ion Battery Market Opportunities: Comprehensive Guide for 2024-2030


Posted January 24, 2025 by nandini123

South India is expected to dominate the India Lithium-ion Battery Market during the forecast period.
 
India Lithium-ion Battery Market size was valued at USD 2.54 Bn in 2023 and is expected to reach USD 6.92 Bn by 2030, at a CAGR of 15.4 %.

Learn about the India Lithium-ion Battery Market growth and developments.

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the India Lithium-ion Battery Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the India Lithium-ion Battery market, with forecasts outspreading to the year 2032.

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Discover how we define the India Lithium-ion Battery Market scope and research approach.

The India Lithium-ion Battery market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the India Lithium-ion Battery market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the India Lithium-ion Battery Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The India Lithium-ion Battery Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Uncover the regional opportunities and challenges in the India Lithium-ion Battery Market.

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the India Lithium-ion Battery market situations in various nations. The India Lithium-ion Battery market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

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India Lithium-ion Battery Market segmentation :

By Type

Lithium Nickel Manganese Cobalt
Lithium Iron Phosphate
Lithium Cobalt Oxide
Lithium Titanate Oxide
Lithium Manganese Oxide
Lithium Nickel Cobalt Aluminum Oxide

Lithium nickel manganese cobalt, lithium iron phosphate, lithium cobalt oxide, lithium titanate oxide, lithium manganese oxide, and lithium nickel cobalt aluminum oxide are the sections that make up the market. Over the course of the projected period, lithium iron phosphate is anticipated to dominate the Indian lithium-ion battery market. LiFePO4 batteries, sometimes referred to as LFP batteries, are characterized by their high current rating and lengthy service life, which frequently exceeds five years. Compared to other lithium-ion chemistries, these batteries provide greater thermal stability, low resistance, and outstanding electrochemical performance.

By Material

Cathode material
Anode material
Electrolyte material
Separator material
Current collector material
Others

The market is divided into several categories, including separator, current collector, electrolyte, cathode, and anode materials. In 2023, cathode material accounted for the highest share of the Indian lithium-ion battery market. Significant advancements in the lithium-ion battery sector in India have been fueled by cathode materials, which have become the industry's dominating component. The acquisition of Johnson Matthey's lithium-ion phosphate (LFP) cathode active material technology center in Moosburg, Germany, by Epsilon Advanced Materials (EAM) has generated news. With this acquisition, India becomes the first Asian nation outside of China to produce LFP cathode materials, which is a significant milestone.

By Capacity

Below 3,000 mAh
3,001 – 10,000 mAh
10,001 – 60,000 mAh
Above 60,000 mAh

By Application

Consumer Electronics
Automotive
Energy Shortage (Power)
Industrial Applications (Aerospace, Marine, Medical, Telecommunications, Others)

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Learn about the top players driving innovation in the India Lithium-ion Battery Market :

1. Battrixx ( Bengaluru, Karnataka, India)
2. Contemporary Amperex Technology Co., Ltd. (CATL) ( Bengaluru, Karnataka, India)
3. Exicom Tele(Systems Limited ( New Delhi, India)
4. Grinntech Motors & Services Pvt. Ltd.( Chennai, Tamil Nadu, India)
5. Guoxuan High (Gotion High Tech Co. Ltd.) ( Bengaluru, Karnataka, India)
6. LG Energy Solution Ltd. ( Pune, Maharashtra, India)
7. Panasonic Life Solutions India Pvt. Ltd. ( Mumbai, Maharashtra, India)
8. Samsung SDI Co., Ltd. ( Bengaluru, Karnataka, India)
9. Toshiba Corporation (Toshiba India Pvt. Ltd.) ( New Delhi, India)
10. Trontek Electronics Pvt. Ltd. ( Pune, Maharashtra, India)
11. Coslight India Telecom Pvt. Ltd. ( Noida, Uttar Pradesh, India)
12. Cygni Energy Private Limited ( Hyderabad, Telangana, India)
13. Euclion Energy Private Limited ( Bengaluru, Karnataka, India)
14. Future Hi(Tech Batteries ( Surat, Gujarat, India)
15. Greenfuel Energy Solutions ( Bengaluru, Karnataka, India)
16. Log9 Materials Scientific Pvt Ltd. ( Bengaluru, Karnataka, India)
17. Loom Solar Pvt. Ltd. ( Faridabad, Haryana, India)
18. Okaya Power Pvt. Ltd. ( New Delhi, India)
19. Waaree ESS ( Mumbai, Maharashtra, India)

Table of Content: India Lithium-ion Battery Market

Part 01: Executive Summary

Part 02: Scope of the India Lithium-ion Battery Market Report

Part 03: Global India Lithium-ion Battery Market Landscape

Part 04: Global India Lithium-ion Battery Market Sizing

Part 05: Global India Lithium-ion Battery Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Get answers to critical questions shaping the India Lithium-ion Battery Market

What is India Lithium-ion Battery ?
What is the growth rate of the India Lithium-ion Battery Market?
Which are the factors expected to drive the India Lithium-ion Battery market growth?
What is the CAGR at which the India Lithium-ion Battery market will grow during the forecast period?
What are the different segments of the India Lithium-ion Battery Market?
Which is the fastest growing region in the India Lithium-ion Battery market?
What growth strategies are the players considering to increase their presence in India Lithium-ion Battery ?
What are the upcoming opportunities and trends for the India Lithium-ion Battery Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the India Lithium-ion Battery Market?
Who are the leading companies and what are their portfolios in India Lithium-ion Battery Market?
What segments are covered in the India Lithium-ion Battery Market?
Who are the key players in the India Lithium-ion Battery market?
Get a closer look at the game-changing products driving success :

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective
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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By mmr
Country India
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Last Updated January 24, 2025