Cylindrical NMC/NCA Battery Market

The United States Cylindrical NMC/NCA Battery market size was valued at US$ 3.42 billion in 2024 and is projected to reach US$ 5.87 billion by 2030, at a CAGR of 9.4% during the forecast period 2024-2030.

Cylindrical NMC/NCA Batteries are lithium-ion batteries using nickel-rich cathodes in a cylindrical format, offering high energy density and power, widely used in electric vehicles, energy storage, and high-performance applications.

The US Cylindrical NMC/NCA Battery market is growing rapidly, driven by strong demand in electric vehicles and energy storage systems. In 2023, total production capacity reached 30 GWh, with electric vehicle applications accounting for 68% of market value. The market saw a 28% increase in demand for high-capacity 21700 and 4680 format cells in 2023, particularly for use in long-range electric vehicles. Use in grid-scale energy storage is growing at 35% annually. The market is witnessing a trend towards higher nickel content cathodes, with a 40% year-over-year increase in production of NMC 811 and NCA+ chemistries. Adoption in electric motorcycles and high-performance e-bikes grew by 45% in 2023. Leading manufacturers are focusing on developing cylindrical NMC/NCA batteries with improved fast-charging capabilities, with a 50% increase in R&D investments for advanced electrode designs and electrolyte formulations. The industry is also seeing increased integration of smart features, with a 55% rise in cylindrical NMC/NCA batteries equipped with built-in temperature and current sensors for enhanced battery management.

Cylindrical NMC/NCA Battery Market contains market size and forecasts of Cylindrical NMC/NCA Battery in United States, including the following market information:

•    United States Cylindrical NMC/NCA Battery Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States Cylindrical NMC/NCA Battery Market Sales, 2019-2024, 2024-2030,

•    United States Top five Cylindrical NMC/NCA Battery companies in 2023 (%)

Report Includes

Cylindrical NMC/NCA Battery Market presents an overview of United States market for Cylindrical NMC/NCA Battery , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Cylindrical NMC/NCA Battery Market focuses on the Cylindrical NMC/NCA Battery sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Cylindrical NMC/NCA Battery market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Cylindrical NMC/NCA Battery Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Cylindrical NMC/NCA Battery Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    14430

•    14650

•    17500

•    18650

•    18490

•    22650

•    26650

•    32650

Segment by Applications

•    Power Banks

•    Laptop Battery Packs

•    Electric Vehicles

•    Flashlights

•    Cordless Power Tools

•    Others

Key Companies covered in Cylindrical NMC/NCA Battery Market :

•    Panasonic Corporation of North America

•    LG Energy Solution

•    Samsung SDI

•    SK Innovation

•    Contemporary Amperex Technology Co. Limited (CATL)

•    Tesla Inc.

•    Lithium Werks

•    EnerSys

•    A123 Systems

•    Microvast

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Cylindrical NMC/NCA Battery revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)

•    Key companies Cylindrical NMC/NCA Battery revenues share in United Statesn market, 2023 (%)

•    Key companies Cylindrical NMC/NCA Battery sales in United Statesn market, 2019-2024 (Estimated),

•    Key companies Cylindrical NMC/NCA Battery sales share in United Statesn market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Cylindrical NMC/NCA Battery Market

•    Overview of the regional outlook of the Cylindrical NMC/NCA Battery Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

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