U.S. Metal Li-based Battery Casing Market Size & Outlook
The metal li-based battery casing market in the United States is expected to reach a projected revenue of US$ 949.2 million by 2030. A compound annual growth rate of 18.3% is expected of the United States metal li-based battery casing market from 2024 to 2030.
Revenue, 2023 (US$M)
$293.5
Forecast, 2030 (US$M)
$949.2
CAGR, 2024 - 2030
18.3%
Report Coverage
U.S.
Related Markets
U.S. metal li-based battery casing market highlights
- The U.S. metal li-based battery casing market generated a revenue of USD 293.5 million in 2023 and is expected to reach USD 949.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 18.3% 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 293.5 million |
| Market revenue in 2030 | USD 949.2 million |
| Growth rate | 18.3% (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, U.S. accounted for 6.5% 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 North America, U.S. metal li-based battery casing market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 949.2 million by 2030.
Rechargeable was the largest segment with a revenue share of 90.19% in 2023. Horizon Databook has segmented the U.S. metal li-based battery casing market based on primary, rechargeable covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. economy is the major consumer of metal lithium-based battery casings in the North America. Its economic growth is fueled by consumer spending on automotives, and electronics and government initiatives towards EV infrastructure developments.
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Metal Li-based Battery Casing Market Scope
Metal li-based battery casing market segmentation & scope
Metal Li-based Battery Casing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NeMaK | View profile | 1-10 | Zug, Zug, Switzerland, Europe | https://nemak.ch/ |
| MINTH Group | View profile | 10001+ | Beilun, Zhejiang, China, Asia | http://www.minthgroup.com |
| Granges AB | View profile | 501-1000 | Stockholm, Stockholms Lan, Sweden, Europe | http://www.granges.com |
| GF Casting Solutions | View profile | 501-1000 | Schaffhausen, Schaffhausen, Switzerland, Europe | https://www.gfcs.com/ |
| UACJ | View profile | 10001+ | Otemachi, Tokyo, Japan, Asia | https://www.uacj.co.jp/ |
| Gestamp Automocion | View profile | 44956 | Lebario Industrial Park, Abadino, Spain, 48220 | https://www.gestamp.com |
| Constellium SE Class A | View profile | 12000 | 40-44 rue Washington, Washington Plaza, Paris, France, 75008 | https://www.constellium.com |
| Magna International Inc | View profile | 179000 | 337 Magna Drive, Aurora, ON, Canada, L4G 7K1 | https://www.magna.com |
| Novelis UK | View profile | 5001-10000 | Warrington, Warrington, United Kingdom, Europe | https://www.novelisrecycling.co.uk |
| Targray | View profile | 101-250 | Kirkland, Quebec, Canada, North America | https://www.targray.com/ |
| Thyssenkrupp AG | View profile | 100202 | ThyssenKrupp Allee 1, Essen, NW, Germany, 45143 | https://www.thyssenkrupp.com |
| Norsk Hydro ASA | View profile | 32724 | Drammensveien 264, Oslo, Norway, NO-0283 | https://www.hydro.com |
U.S. metal li-based battery casing market size, by application, 2018-2030 (US$M)
U.S. Metal Li-based Battery Casing Market Outlook Share, 2023 & 2030 (US$M)
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