Australia Metal Li-based Battery Casing Market Size & Outlook
Australia metal li-based battery casing market, 2018-2030 (US$M)
Related Markets
Australia metal li-based battery casing market highlights
- The Australia metal li-based battery casing market generated a revenue of USD 18.5 million in 2023 and is expected to reach USD 42.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 12.5% from 2024 to 2030.
- In terms of segment, rechargeable was the largest revenue generating type in 2023.
- Rechargeable is the most lucrative type segment registering the fastest growth during the forecast period.
Metal li-based battery casing market data book summary
| Market revenue in 2023 | USD 18.5 million |
| Market revenue in 2030 | USD 42.1 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Rechargeable |
| Fastest growing segment | Rechargeable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primary, Rechargeable |
| Key market players worldwide | Constellium SE Class A, Gestamp Automocion, GF Casting Solutions, Granges AB, Magna International Inc, MINTH Group, NeMaK, Norsk Hydro ASA, Novelis UK, Targray, Thyssenkrupp AG, UACJ |
Other key industry trends
- In terms of revenue, Australia accounted for 0.4% of the global metal li-based battery casing market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China metal li-based battery casing market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 42.1 million by 2030.
Rechargeable was the largest segment with a revenue share of 88.65% in 2023. Horizon Databook has segmented the Australia metal li-based battery casing market based on primary, rechargeable covering the revenue growth of each sub-segment from 2018 to 2030.
The lithium battery market in Australia has been experiencing significant growth, driven by government initiatives and private sector developments aimed at boosting EV adoption and expanding energy storage capabilities.
These advancements are creating opportunities for the metal casings, as battery production facilities and energy storage systems rely heavily on robust casings to ensure durability, safety, and heat management.
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Metal Li-based Battery Casing Market Scope
Metal Li-based Battery Casing Market Companies
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Australia metal li-based battery casing market size, by type, 2018-2030 (US$M)
Australia Metal Li-based Battery Casing Market Outlook Share, 2023 & 2030 (US$M)
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