Global Scans · Batteries · Weekly Summary

• [New] South Korea is expected to remain a major exporter of premium lithium-ion battery cells through the forecast period, supported by technological innovation, established automotive partnerships, and increasing demand for high-energy-density battery systems. Persistence Market Research
• [New] Continued investments in advanced battery technologies are expected to help Japan preserve its technological position while supporting demand from electric vehicles and other high-performance applications. Persistence Market Research
• [New] Continued investment in battery manufacturing, materials processing, and electric vehicle production is expected to reinforce Germany's position as Europe's manufacturing anchor. Persistence Market Research
• [New] North America is expected to progressively reduce its dependence on imported battery cells and materials. Persistence Market Research
• [New] The fastest-growing product type is stationary LFP battery packs, estimated to achieve a CAGR of 6.5% from 2026 to 2032. 6wresearch
• [New] Cylindrical cells are expected to maintain the leading position in the battery form category, accounting for approximately 45% share in 2026. Persistence Market Research
• [New] Lithium Nickel Manganese Cobalt Oxide (NMC) batteries are expected to lead the battery type category, accounting for close to a 35% share in 2026. Persistence Market Research
• [New] Lithium-ion batteries are expected to dominate the battery type category with 68% share in 2026, supported by superior energy density and proven flight heritage. Persistence Market Research
• [New] Growth in battery energy storage systems is expected to accelerate alongside expanding renewable generation, with the IEA identifying BESS as the fastest-growing power technology at present. Westpac IQ
• Battery design and optimization is expected to be the fastest-growing application, expanding at nearly 45.2% CAGR through 2033. Persistence Market Research
• The energy storage segment is projected to register the fastest growth at a CAGR of 9.12% during 2026-2034, supported by rising demand for high-capacity batteries and long-duration space missions. Straits Research
• The lithium-ion segment is projected to register the fastest growth at a CAGR of 9.64% during 2026-2034, supported by increasing satellite deployments, growing commercial space missions, and continuous advancements in battery technology. Straits Research
• Battery Energy Storage Systems are forecast to grow at a 14.86% CAGR through 2031, the highest rate across applications. Mordor Intelligence
• The forecast for electric vehicle sales in 2026 is positive, with over 10 million units expected to be sold worldwide, driven by declining battery costs and government incentives. Riley Vision

Last updated: 30 August 2026