NMC Lithium-Ion Batteries Market

The United States NMC Lithium-Ion Batteries market size was valued at US$ 4.56 billion in 2024 and is projected to reach US$ 923 million by 2030, at a CAGR of 12.5% during the forecast period 2024-2030.

NMC (Nickel Manganese Cobalt) Lithium-Ion Batteries are rechargeable batteries using a cathode composition of nickel, manganese, and cobalt, known for their high energy density and stability.

The US NMC Lithium-Ion Batteries market is growing rapidly, driven by the expanding electric vehicle sector, increasing adoption in energy storage systems, and ongoing improvements in battery chemistry. In 2023, total production capacity reached 45 GWh, with automotive applications accounting for 70% of market value. The market saw a 25% increase in demand for high-nickel NMC formulations (e.g., NMC 811) in 2023, offering higher energy density. Use in stationary energy storage is growing at 18% annually. The market is witnessing a trend towards silicon-doped anodes, with a 30% year-over-year increase in R&D investments for improved battery performance. Adoption of NMC batteries in electric buses and trucks grew by 35% in 2023. Major battery manufacturers are focusing on developing cobalt-free NMC variants, with a 40% increase in patents filed for sustainable cathode materials. The industry is also investing heavily in recycling technologies, with a 50% rise in capacity for end-of-life NMC battery recycling.

NMC Lithium-Ion Batteries Market contains market size and forecasts of NMC Lithium-Ion Batteries in United States, including the following market information:

•    United States NMC Lithium-Ion Batteries Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States NMC Lithium-Ion Batteries Market Sales, 2019-2024, 2024-2030,

•    United States Top five NMC Lithium-Ion Batteries companies in 2023 (%)

Report Includes

NMC Lithium-Ion Batteries Market presents an overview of United States market for NMC Lithium-Ion Batteries , 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.

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

NMC Lithium-Ion Batteries Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

NMC Lithium-Ion Batteries 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

•    Under 5 KWh

•    5-25 KWh

•    25-100 KWh

•    100-300 KWh

•    More than 300 KWh

Segment by Applications

•    Smartphones

•    Laptops

•    Other Consumer Electronics

•    Industrial

•    Automotive

•    Others

Key Companies covered in NMC Lithium-Ion Batteries Market :

•    Tesla, Inc.

•    Panasonic Corporation of North America

•    LG Chem Michigan Inc.

•    Samsung SDI America, Inc.

•    SK Innovation Co., Ltd.

•    Contemporary Amperex Technology Co., Limited (CATL)

•    A123 Systems, LLC

•    EnerSys

•    BYD America Corporation

•    Romeo Power, Inc.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies NMC Lithium-Ion Batteries revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)

•    Key companies NMC Lithium-Ion Batteries revenues share in United Statesn market, 2023 (%)

•    Key companies NMC Lithium-Ion Batteries sales in United Statesn market, 2019-2024 (Estimated),

•    Key companies NMC Lithium-Ion Batteries 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 NMC Lithium-Ion Batteries Market

•    Overview of the regional outlook of the NMC Lithium-Ion Batteries 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

We offer additional regional and global reports that are similar:

•    Global NMC Lithium-Ion Batteries Market 

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•    Japan NMC Lithium-Ion Batteries Market 

•    Germany NMC Lithium-Ion Batteries Market 

•    South Korea NMC Lithium-Ion Batteries Market 

•    Indonesia NMC Lithium-Ion Batteries Market 

•    Brazil NMC Lithium-Ion Batteries Market

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