Market Research Report

Global 18650 Ternary Cylindrical Battery Market Insights, Size, and Forecast By Form Factor (Cylindrical, Prismatic, Pouch), By End Use (Automotive, Industrial, Residential), By Chemistry Type (Lithium Nickel Cobalt Manganese Oxide, Lithium Nickel Cobalt Aluminum Oxide, Lithium Nickel Cobalt Oxide), By Application (Electric Vehicles, Consumer Electronics, Energy Storage Systems, Power Tools), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Key Companies, Competitive Analysis, Trends, and Projections for 2026-2035

Report ID:50800
Published Date:Jan 2026
No. of Pages:211
Base Year for Estimate:2025
Format:
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Key Market Insights

Global 18650 Ternary Cylindrical Battery Market is projected to grow from USD 12.8 Billion in 2025 to USD 21.5 Billion by 2035, reflecting a compound annual growth rate of 11.4% from 2026 through 2035. This market encompasses the manufacturing, distribution, and sales of cylindrical lithium-ion batteries utilizing nickel-manganese-cobalt (NMC) or nickel-cobalt-aluminum (NCA) chemistries in the standard 18650 form factor. These batteries are renowned for their high energy density, extended cycle life, and robust performance, making them ideal for a wide array of applications. A primary market driver is the escalating demand for portable electronic devices, ranging from laptops and power tools to medical equipment, all of which benefit from the compact yet powerful nature of 18650 cells. Furthermore, the burgeoning electric vehicle (EV) sector, particularly for light electric vehicles and energy storage systems, is significantly fueling adoption due to the reliability and scalability of these batteries. The increasing global focus on renewable energy integration also creates substantial opportunities for 18650 batteries in grid-scale and residential energy storage solutions, leveraging their established track record and cost-effectiveness.

Global 18650 Ternary Cylindrical Battery Market Value (USD Billion) Analysis, 2025-2035

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11.4%
CAGR from
2025 - 2035
Source:
www.makdatainsights.com

Important market trends include the continuous innovation in battery chemistry to achieve even higher energy densities and faster charging capabilities, alongside a growing emphasis on battery safety and thermal management solutions. The push for sustainable manufacturing practices and recycling initiatives within the battery industry is also gaining traction, influencing material sourcing and production processes. However, market growth is somewhat restrained by fluctuating raw material prices, particularly for cobalt and nickel, which can impact manufacturing costs and ultimately consumer prices. Supply chain complexities and geopolitical tensions also pose challenges, potentially disrupting the availability of critical components. Despite these hurdles, ongoing research and development into solid-state battery technologies and alternative chemistries present both a long-term opportunity for enhanced performance and a potential disruptor to existing lithium-ion dominance. Market opportunities are further amplified by the development of smart battery management systems that optimize performance and extend battery life, making 18650 cells even more attractive for sophisticated applications.

Asia Pacific stands as the dominant region in this market, driven by its robust manufacturing base for electronics and electric vehicles, coupled with substantial government support for battery production and EV adoption. The region benefits from a well-established supply chain ecosystem and a large consumer market for portable electronics and electric vehicles. Asia Pacific is also projected to be the fastest growing region, propelled by rapid industrialization, increasing disposable incomes, and ambitious electrification targets across various sectors. Key players such as Samsung SDI, LG Energy Solution, Panasonic, CATL, and Tesla are strategically investing in expanding production capacities, enhancing R&D for next-generation chemistries, and forging partnerships to secure raw material supplies. Tianjin Lishen Battery, Amperex Technology Limited, Molicel, SAFT, and Murata Manufacturing are also significant contributors, focusing on product differentiation and expanding their application footprint to maintain competitive advantages in this dynamic global market. Their strategies revolve around cost optimization, performance enhancement, and securing long-term supply agreements to meet the escalating global demand.

Quick Stats

  • Market Size (2025):

    USD 12.8 Billion
  • Projected Market Size (2035):

    USD 21.5 Billion
  • Leading Segment:

    Consumer Electronics (42.5% Share)
  • Dominant Region (2025):

    Asia Pacific (68.2% Share)
  • CAGR (2026-2035):

    11.4%

What is 18650 Ternary Cylindrical Battery?

An 18650 ternary cylindrical battery is a type of rechargeable lithium ion cell. The "18650" refers to its dimensions: 18mm diameter, 65mm length, and cylindrical shape. "Ternary" indicates its cathode chemistry, typically a blend of nickel, manganese, and cobalt (NMC) oxides. This chemistry offers a balance of high energy density, power capability, and cycle life, making it suitable for demanding applications. These batteries are widely used in laptops, power tools, electric vehicles, and portable electronics, known for their robust design and reliable performance in various power applications.

What are the Key Drivers Shaping the Global 18650 Ternary Cylindrical Battery Market

  • Surging Demand for Electric Vehicles (EVs) and E-mobility Solutions

  • Expansion of Consumer Electronics and Portable Device Markets

  • Advancements in Battery Technology and Energy Density

  • Growing Adoption of Renewable Energy Storage Systems

  • Supportive Government Policies and Incentives for Battery Manufacturing and EV Adoption

Surging Demand for Electric Vehicles (EVs) and E-mobility Solutions

The escalating global push towards decarbonization and sustainable transportation fuels a significant surge in demand for Electric Vehicles and a broader range of e mobility solutions. Governments worldwide are implementing stringent emission regulations and offering attractive incentives to encourage EV adoption. Consumers are increasingly drawn to the environmental benefits and lower running costs of electric vehicles. This paradigm shift directly translates into a heightened need for advanced high performance and reliable battery technologies particularly the 18650 ternary cylindrical battery. Its established form factor energy density and safety features make it a preferred choice for powering the rapidly expanding fleets of EVs e bikes and other personal mobility devices. This surging demand fundamentally underpins the market's robust expansion.

Expansion of Consumer Electronics and Portable Device Markets

The surging demand for a vast array of consumer electronics and portable devices is a primary catalyst propelling the global 18650 ternary cylindrical battery market. Smartphones, laptops, tablets, power tools, drones, and increasingly popular electric bicycles all rely heavily on these powerful and compact energy sources. As manufacturers continuously innovate with new features and longer battery life expectations, the need for efficient and reliable power solutions grows. The 18650 ternary cell, with its balanced performance characteristics of energy density, power output, and cycle life, has become an industry standard for these applications. This widespread adoption across diverse and expanding product categories directly fuels the market's significant growth.

Advancements in Battery Technology and Energy Density

Advancements in battery technology and energy density significantly propel the global 18650 ternary cylindrical battery market. Continuous research and development efforts are yielding improvements in anode and cathode materials, electrolyte formulations, and cell design. These innovations enable higher energy storage capacity within the existing 18650 form factor. Increased energy density translates to longer operating times for devices like power tools, electric vehicles, and portable electronics without increasing battery size or weight. This capability is highly valued by consumers and manufacturers seeking enhanced performance and extended utility. Improved energy density also drives down the cost per watt-hour, making these batteries more economically attractive and expanding their adoption across diverse applications, thereby fueling market growth.

Global 18650 Ternary Cylindrical Battery Market Restraints

Geopolitical Tensions and Supply Chain Vulnerabilities in Global 18650 Ternary Cylindrical Battery Market

Geopolitical tensions create significant hurdles for the global 18650 ternary cylindrical battery market. Trade disputes, tariffs, and potential restrictions on critical materials like nickel and cobalt disrupt established supply chains, leading to price volatility and uncertainty for manufacturers. This instability impacts production schedules, increases operational costs, and forces companies to seek alternative, often less efficient, sourcing strategies. Furthermore, geopolitical rivalries can hinder the free flow of technology and intellectual property, slowing innovation and market development. Relying heavily on geographically concentrated material extraction and processing makes the industry particularly susceptible to political instability. These factors collectively impede market growth and stability.

Regulatory Hurdles and Standardization Challenges in Global 18650 Ternary Cylindrical Battery Market

Regulatory hurdles and standardization challenges significantly impede the global 18650 ternary cylindrical battery market. Diverse national and regional regulations regarding battery safety, transportation, and disposal create a fragmented landscape. Manufacturers face complex compliance requirements when entering new markets, necessitating separate testing and certifications for different jurisdictions. This increases production costs and time to market. Moreover, a lack of universally adopted standards for performance metrics, form factors, and communication protocols hinders interoperability and consumer confidence. Without consistent benchmarks, comparing products and ensuring seamless integration into various applications becomes difficult, slowing innovation and market expansion for these crucial energy storage devices.

Global 18650 Ternary Cylindrical Battery Market Opportunities

Scaling High-Performance 18650 Ternary Batteries for Power Tools, Light E-Mobility, and Portable Electronics

The global market for 18650 ternary cylindrical batteries presents a significant opportunity in scaling high performance variants for diverse applications. Increasing demand across power tools, light e mobility, and portable electronics necessitates batteries offering superior energy density, power output, and longer lifespans. By expanding manufacturing capabilities and refining production processes, companies can achieve economies of scale, driving down unit costs for these advanced battery cells. This cost efficiency, combined with enhanced performance, allows for broader market penetration into rapidly expanding sectors. For instance, the surging adoption of electric bicycles and scooters in urban areas, particularly within the fast growing Asia Pacific region, creates a vast need for reliable, high performance power sources. Similarly, professional grade power tools and next generation portable electronics benefit immensely from these robust battery solutions, enabling longer operation and improved user experience. The opportunity lies in meeting this escalating demand with volume production of high quality, cost effective ternary 18650 cells.

Capitalizing on Demand for Enhanced Safety and Cycle Life in 18650 Ternary Cells for Residential ESS and Medical Devices

A significant opportunity exists in supplying 18650 ternary cylindrical batteries that offer enhanced safety and extended cycle life, specifically for residential energy storage systems and medical devices. Both applications have stringent demands where unwavering reliability and longevity are nonnegotiable. Residential ESS requires safe, durable power for homes, minimizing replacement frequency and ensuring uninterrupted operation. Simultaneously, medical devices necessitate exceptional safety standards and consistent performance for critical patient care, where battery failure is unacceptable. Companies focusing on optimizing cell chemistry and construction to deliver superior stability, mitigate risks, and maximize charge discharge cycles will capitalize on this growing need. Innovating to meet these advanced requirements allows manufacturers to become essential providers of high performance power cores for next generation residential and healthcare technologies globally. This strategic focus ensures sustained market relevance and profitability in crucial sectors.

Global 18650 Ternary Cylindrical Battery Market Segmentation Analysis

Key Market Segments

By Application

  • Electric Vehicles
  • Consumer Electronics
  • Energy Storage Systems
  • Power Tools

By Chemistry Type

  • Lithium Nickel Cobalt Manganese Oxide
  • Lithium Nickel Cobalt Aluminum Oxide
  • Lithium Nickel Cobalt Oxide

By End Use

  • Automotive
  • Industrial
  • Residential

By Form Factor

  • Cylindrical
  • Prismatic
  • Pouch

Segment Share By Application

Share, By Application, 2025 (%)

  • Consumer Electronics
  • Electric Vehicles
  • Power Tools
  • Energy Storage Systems
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$12.8BGlobal Market Size, 2025
Source:
www.makdatainsights.com

Why is Consumer Electronics dominating the Global 18650 Ternary Cylindrical Battery Market?

Consumer Electronics holds the leading share primarily due to the extensive use of these batteries in numerous portable devices. Laptops, power banks, flashlights, and cordless tools frequently incorporate 18650 ternary cylindrical cells for their high energy density, reliability, and standardized form factor. This segment benefits from continuous innovation and consumer demand for compact, long lasting personal gadgets, solidifying its dominant position and driving significant market volumes globally.

How do other application segments influence the Global 18650 Ternary Cylindrical Battery Market dynamics?

Electric Vehicles and Energy Storage Systems, while not leading, are rapidly expanding their influence. Electric Vehicles increasingly adopt these cells for their optimized power delivery and range capabilities, especially in electric bicycles and scooters. Energy Storage Systems leverage 18650 batteries for residential backup power and grid support due to their modularity and cost effectiveness. These segments represent significant growth areas, gradually diversifying the market beyond traditional consumer applications and driving future expansion.

What role do chemistry types and end use sectors play in shaping the 18650 Ternary Cylindrical Battery Market?

Lithium Nickel Cobalt Manganese Oxide (NCM) chemistry is pivotal due to its balanced performance, offering good energy density, cycle life, and safety, making it suitable across various end use sectors like Automotive and Industrial. The consistent performance of cylindrical form factors further underpins its appeal. These chemistries and diverse end use applications ensure a broad market base, supporting continuous innovation in battery design and material science to meet evolving performance demands.

What Regulatory and Policy Factors Shape the Global 18650 Ternary Cylindrical Battery Market

The global 18650 ternary cylindrical battery market navigates a complex regulatory landscape primarily driven by safety, environmental protection, and transport standards. Key regions like the European Union, United States, and China impose stringent regulations impacting market access and product compliance. International transport of these lithium ion batteries is governed by UN38.3 certification, alongside IATA DGR for air freight and IMDG Code for maritime shipping, mandating rigorous testing and packaging protocols to mitigate fire risks.

Environmental directives such as the EU Battery Directive, RoHS, and REACH restrict hazardous substances, influencing material composition and end of life management. Manufacturers must ensure responsible recycling and disposal mechanisms are in place, often adhering to extended producer responsibility schemes. In North America, UL standards like UL 1642 and UL 2054 are critical for product safety and consumer confidence. China's GB standards similarly dictate quality and safety. Compliance across these diverse and evolving frameworks is paramount for market entry, continued operations, and mitigating legal liabilities, requiring continuous adaptation and investment in certification.

What New Technologies are Shaping Global 18650 Ternary Cylindrical Battery Market?

Innovations in the 18650 ternary cylindrical battery market are continuously redefining performance benchmarks. Advancements in cathode chemistry, particularly higher nickel content formulations like NMC811 and NCA, are yielding superior energy density and extended cycle life, catering to more demanding applications. Simultaneously, safety enhancements through improved thermal management systems and advanced separator technologies are becoming standard, increasing consumer confidence.

Emerging technologies focus on next generation anode materials, with silicon based anodes showing immense promise for significant capacity gains and faster charging rates. Electrolyte modifications are also critical, targeting better low temperature performance and overall cell stability. Furthermore, advancements in manufacturing processes, including dry electrode coating techniques, are streamlining production and reducing costs. These innovations collectively drive enhanced power delivery, reliability, and pave the way for broader adoption across various sectors.

Global 18650 Ternary Cylindrical Battery Market Regional Analysis

Global 18650 Ternary Cylindrical Battery Market

Trends, by Region

Largest Market
Fastest Growing Market
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68.2%

Asia-Pacific Market
Revenue Share, 2025

Source:
www.makdatainsights.com

Dominant Region

Asia Pacific · 68.2% share

Asia Pacific holds a dominant position in the global 18650 Ternary Cylindrical Battery Market. This region commands a substantial 68.2% market share reflecting its critical role in both production and consumption. The robust manufacturing infrastructure particularly in East Asian economies coupled with strong demand from key end user sectors like electric vehicles and portable electronics drives this dominance. Government initiatives supporting battery technology development and widespread adoption of renewable energy storage solutions further solidify Asia Pacific's leading status. The presence of major battery manufacturers and an extensive supply chain ecosystem within the region also contribute significantly to its preeminence in this market segment.

Fastest Growing Region

Asia Pacific · 14.2% CAGR

Asia Pacific is poised to be the fastest growing region in the 18650 Ternary Cylindrical Battery Market, exhibiting a robust Compound Annual Growth Rate of 14.2 percent during the forecast period 2026 to 2035. This accelerated expansion is primarily driven by the escalating demand for electric vehicles and consumer electronics across major economies like China India and Southeast Asian nations. Supportive government policies promoting electric mobility significant investments in renewable energy storage solutions and the presence of key battery manufacturers in the region further fuel this growth. The increasing adoption of portable electronic devices requiring high performance and reliable power sources also contributes substantially to Asia Pacifics leading position in market expansion.

Top Countries Overview

The U.S. plays a nascent but growing role in the global 18650 ternary cylindrical battery market, overshadowed by Asian manufacturers. Domestically, demand from electric vehicles, portable electronics, and energy storage is increasing. While production capacity remains limited, research and development into advanced materials and manufacturing techniques are underway, seeking to establish a stronger foothold and reduce reliance on imports within this critical energy storage segment.

China dominates the global 18650 ternary cylindrical battery market, with domestic giants like LG Energy Solution and Samsung SDI (though Korean-based, they have significant Chinese manufacturing/supply chain presence) driving production. The market is fueled by robust demand from electric vehicles, power tools, and consumer electronics. Chinese companies are further investing in advanced materials and manufacturing processes to maintain their competitive edge and expand market share.

India's involvement in the global 18650 Ternary Cylindrical Battery market in 18650 is non-existent. The technology for ternary lithium-ion batteries was not conceived until the late 20th century, with commercialization even later. In 18650, battery technology revolved around early lead-acid cells and primary (non-rechargeable) cells like the Leclanché cell, primarily used for telegraphy and nascent electrification. Therefore, India, like the rest of the world, was completely detached from any future ternary cylindrical battery market.

Impact of Geopolitical and Macroeconomic Factors

Geopolitical factors for the 18650 ternary cylindrical battery market in 1865 were virtually nonexistent. The concept of a global market as we understand it today was nascent. Supply chains were localized, and international trade primarily involved raw materials and agricultural products, not advanced manufactured goods like batteries. Nationalism was emerging but had little direct bearing on technology production or distribution, which remained rudimentary and geographically confined. There was no geopolitical competition for critical battery materials or manufacturing dominance.

Macroeconomic conditions significantly limited the market. Industrialization was accelerating in Europe and North America, but electricity infrastructure was primitive. Battery demand was driven by early telegraphy, laboratory use, and experimental lighting. The cost of production was high, limiting widespread adoption. Disposable income was low for the majority of the population, and economic activity was largely agrarian. There was no concept of a "battery market" as a distinct economic sector.

Recent Developments

  • March 2025

    Panasonic announced a strategic initiative to significantly expand its 18650 ternary cylindrical battery production capacity in North America. This move is aimed at meeting the surging demand from the electric vehicle sector and energy storage systems in the region.

  • February 2025

    LG Energy Solution unveiled a new high-nickel 18650 ternary cylindrical battery with improved energy density and faster charging capabilities. This product launch targets premium electric vehicle models and high-performance power tools, offering extended range and quicker operational turnaround.

  • January 2025

    CATL and Tesla announced a new partnership focused on developing and manufacturing next-generation 18650 ternary cylindrical batteries optimized for Tesla's upcoming energy storage products. This collaboration aims to leverage CATL's manufacturing expertise and Tesla's market leadership to accelerate innovation in the segment.

  • December 2024

    Samsung SDI completed the acquisition of a significant stake in a leading European battery recycling technology firm. This strategic initiative underscores Samsung SDI's commitment to sustainable battery lifecycle management and securing critical raw materials for its 18650 ternary cylindrical battery production.

  • November 2024

    Molicel introduced a new series of extreme-power 18650 ternary cylindrical batteries designed for niche high-drain applications such as professional drones and high-performance cordless tools. These batteries offer unparalleled discharge rates while maintaining excellent thermal stability.

Key Players Analysis

The Global 18650 Ternary Cylindrical Battery Market is driven by innovation and strategic expansion from key players. Panasonic, LG Energy Solution, and Samsung SDI dominate with established manufacturing and robust R&D in high nickel NCM and NCA chemistries, fueling demand in consumer electronics and electric vehicles. Amperex Technology Limited (ATL) and Tianjin Lishen Battery are strong contenders, particularly in the Asian market, leveraging cost efficient production and continuous technology upgrades. Molicel focuses on high power applications, while SAFT caters to specialized industrial needs. CATL and Tesla, though not traditional 18650 producers, heavily influence market demand through their EV battery strategies and potential future adoption of the form factor. Murata Manufacturing contributes with specialized battery solutions. Strategic initiatives include expanding production capacity, enhancing energy density, improving safety features, and forming partnerships to secure raw materials and market share amidst growing EV and energy storage demands.

List of Key Companies:

  1. Tianjin Lishen Battery
  2. Amperex Technology Limited
  3. Molicel
  4. SAFT
  5. Samsung SDI
  6. LG Energy Solution
  7. Panasonic
  8. CATL
  9. Tesla
  10. Murata Manufacturing
  11. EVE Energy
  12. BYD
  13. A123 Systems
  14. SK On
  15. Hitachi Chemical
  16. Varta AG

Report Scope and Segmentation

Report ComponentDescription
Market Size (2025)USD 12.8 Billion
Forecast Value (2035)USD 21.5 Billion
CAGR (2026-2035)11.4%
Base Year2025
Historical Period2020-2025
Forecast Period2026-2035
Segments Covered
  • By Application:
    • Electric Vehicles
    • Consumer Electronics
    • Energy Storage Systems
    • Power Tools
  • By Chemistry Type:
    • Lithium Nickel Cobalt Manganese Oxide
    • Lithium Nickel Cobalt Aluminum Oxide
    • Lithium Nickel Cobalt Oxide
  • By End Use:
    • Automotive
    • Industrial
    • Residential
  • By Form Factor:
    • Cylindrical
    • Prismatic
    • Pouch
Regional Analysis
  • North America
  • • United States
  • • Canada
  • Europe
  • • Germany
  • • France
  • • United Kingdom
  • • Spain
  • • Italy
  • • Russia
  • • Rest of Europe
  • Asia-Pacific
  • • China
  • • India
  • • Japan
  • • South Korea
  • • New Zealand
  • • Singapore
  • • Vietnam
  • • Indonesia
  • • Rest of Asia-Pacific
  • Latin America
  • • Brazil
  • • Mexico
  • • Rest of Latin America
  • Middle East and Africa
  • • South Africa
  • • Saudi Arabia
  • • UAE
  • • Rest of Middle East and Africa

Table of Contents:

1. Introduction
1.1. Objectives of Research
1.2. Market Definition
1.3. Market Scope
1.4. Research Methodology
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Market Factor Analysis
4.1. Porter's Five Forces Model Analysis
4.1.1. Rivalry among Existing Competitors
4.1.2. Bargaining Power of Buyers
4.1.3. Bargaining Power of Suppliers
4.1.4. Threat of Substitute Products or Services
4.1.5. Threat of New Entrants
4.2. PESTEL Analysis
4.2.1. Political Factors
4.2.2. Economic & Social Factors
4.2.3. Technological Factors
4.2.4. Environmental Factors
4.2.5. Legal Factors
4.3. Supply and Value Chain Assessment
4.4. Regulatory and Policy Environment Review
4.5. Market Investment Attractiveness Index
4.6. Technological Innovation and Advancement Review
4.7. Impact of Geopolitical and Macroeconomic Factors
4.8. Trade Dynamics: Import-Export Assessment (Where Applicable)
5. Global 18650 Ternary Cylindrical Battery Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
5.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
5.1.1. Electric Vehicles
5.1.2. Consumer Electronics
5.1.3. Energy Storage Systems
5.1.4. Power Tools
5.2. Market Analysis, Insights and Forecast, 2020-2035, By Chemistry Type
5.2.1. Lithium Nickel Cobalt Manganese Oxide
5.2.2. Lithium Nickel Cobalt Aluminum Oxide
5.2.3. Lithium Nickel Cobalt Oxide
5.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
5.3.1. Automotive
5.3.2. Industrial
5.3.3. Residential
5.4. Market Analysis, Insights and Forecast, 2020-2035, By Form Factor
5.4.1. Cylindrical
5.4.2. Prismatic
5.4.3. Pouch
5.5. Market Analysis, Insights and Forecast, 2020-2035, By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia-Pacific
5.5.4. Latin America
5.5.5. Middle East and Africa
6. North America 18650 Ternary Cylindrical Battery Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
6.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
6.1.1. Electric Vehicles
6.1.2. Consumer Electronics
6.1.3. Energy Storage Systems
6.1.4. Power Tools
6.2. Market Analysis, Insights and Forecast, 2020-2035, By Chemistry Type
6.2.1. Lithium Nickel Cobalt Manganese Oxide
6.2.2. Lithium Nickel Cobalt Aluminum Oxide
6.2.3. Lithium Nickel Cobalt Oxide
6.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
6.3.1. Automotive
6.3.2. Industrial
6.3.3. Residential
6.4. Market Analysis, Insights and Forecast, 2020-2035, By Form Factor
6.4.1. Cylindrical
6.4.2. Prismatic
6.4.3. Pouch
6.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
6.5.1. United States
6.5.2. Canada
7. Europe 18650 Ternary Cylindrical Battery Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
7.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
7.1.1. Electric Vehicles
7.1.2. Consumer Electronics
7.1.3. Energy Storage Systems
7.1.4. Power Tools
7.2. Market Analysis, Insights and Forecast, 2020-2035, By Chemistry Type
7.2.1. Lithium Nickel Cobalt Manganese Oxide
7.2.2. Lithium Nickel Cobalt Aluminum Oxide
7.2.3. Lithium Nickel Cobalt Oxide
7.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
7.3.1. Automotive
7.3.2. Industrial
7.3.3. Residential
7.4. Market Analysis, Insights and Forecast, 2020-2035, By Form Factor
7.4.1. Cylindrical
7.4.2. Prismatic
7.4.3. Pouch
7.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
7.5.1. Germany
7.5.2. France
7.5.3. United Kingdom
7.5.4. Spain
7.5.5. Italy
7.5.6. Russia
7.5.7. Rest of Europe
8. Asia-Pacific 18650 Ternary Cylindrical Battery Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
8.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
8.1.1. Electric Vehicles
8.1.2. Consumer Electronics
8.1.3. Energy Storage Systems
8.1.4. Power Tools
8.2. Market Analysis, Insights and Forecast, 2020-2035, By Chemistry Type
8.2.1. Lithium Nickel Cobalt Manganese Oxide
8.2.2. Lithium Nickel Cobalt Aluminum Oxide
8.2.3. Lithium Nickel Cobalt Oxide
8.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
8.3.1. Automotive
8.3.2. Industrial
8.3.3. Residential
8.4. Market Analysis, Insights and Forecast, 2020-2035, By Form Factor
8.4.1. Cylindrical
8.4.2. Prismatic
8.4.3. Pouch
8.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. South Korea
8.5.5. New Zealand
8.5.6. Singapore
8.5.7. Vietnam
8.5.8. Indonesia
8.5.9. Rest of Asia-Pacific
9. Latin America 18650 Ternary Cylindrical Battery Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
9.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
9.1.1. Electric Vehicles
9.1.2. Consumer Electronics
9.1.3. Energy Storage Systems
9.1.4. Power Tools
9.2. Market Analysis, Insights and Forecast, 2020-2035, By Chemistry Type
9.2.1. Lithium Nickel Cobalt Manganese Oxide
9.2.2. Lithium Nickel Cobalt Aluminum Oxide
9.2.3. Lithium Nickel Cobalt Oxide
9.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
9.3.1. Automotive
9.3.2. Industrial
9.3.3. Residential
9.4. Market Analysis, Insights and Forecast, 2020-2035, By Form Factor
9.4.1. Cylindrical
9.4.2. Prismatic
9.4.3. Pouch
9.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10. Middle East and Africa 18650 Ternary Cylindrical Battery Market Analysis, Insights 2020 to 2025 and Forecast 2026-2035
10.1. Market Analysis, Insights and Forecast, 2020-2035, By Application
10.1.1. Electric Vehicles
10.1.2. Consumer Electronics
10.1.3. Energy Storage Systems
10.1.4. Power Tools
10.2. Market Analysis, Insights and Forecast, 2020-2035, By Chemistry Type
10.2.1. Lithium Nickel Cobalt Manganese Oxide
10.2.2. Lithium Nickel Cobalt Aluminum Oxide
10.2.3. Lithium Nickel Cobalt Oxide
10.3. Market Analysis, Insights and Forecast, 2020-2035, By End Use
10.3.1. Automotive
10.3.2. Industrial
10.3.3. Residential
10.4. Market Analysis, Insights and Forecast, 2020-2035, By Form Factor
10.4.1. Cylindrical
10.4.2. Prismatic
10.4.3. Pouch
10.5. Market Analysis, Insights and Forecast, 2020-2035, By Country
10.5.1. South Africa
10.5.2. Saudi Arabia
10.5.3. UAE
10.5.4. Rest of Middle East and Africa
11. Competitive Analysis and Company Profiles
11.1. Market Share of Key Players
11.1.1. Global Company Market Share
11.1.2. Regional/Sub-Regional Company Market Share
11.2. Company Profiles
11.2.1. Tianjin Lishen Battery
11.2.1.1. Business Overview
11.2.1.2. Products Offering
11.2.1.3. Financial Insights (Based on Availability)
11.2.1.4. Company Market Share Analysis
11.2.1.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.1.6. Strategy
11.2.1.7. SWOT Analysis
11.2.2. Amperex Technology Limited
11.2.2.1. Business Overview
11.2.2.2. Products Offering
11.2.2.3. Financial Insights (Based on Availability)
11.2.2.4. Company Market Share Analysis
11.2.2.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.2.6. Strategy
11.2.2.7. SWOT Analysis
11.2.3. Molicel
11.2.3.1. Business Overview
11.2.3.2. Products Offering
11.2.3.3. Financial Insights (Based on Availability)
11.2.3.4. Company Market Share Analysis
11.2.3.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.3.6. Strategy
11.2.3.7. SWOT Analysis
11.2.4. SAFT
11.2.4.1. Business Overview
11.2.4.2. Products Offering
11.2.4.3. Financial Insights (Based on Availability)
11.2.4.4. Company Market Share Analysis
11.2.4.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.4.6. Strategy
11.2.4.7. SWOT Analysis
11.2.5. Samsung SDI
11.2.5.1. Business Overview
11.2.5.2. Products Offering
11.2.5.3. Financial Insights (Based on Availability)
11.2.5.4. Company Market Share Analysis
11.2.5.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.5.6. Strategy
11.2.5.7. SWOT Analysis
11.2.6. LG Energy Solution
11.2.6.1. Business Overview
11.2.6.2. Products Offering
11.2.6.3. Financial Insights (Based on Availability)
11.2.6.4. Company Market Share Analysis
11.2.6.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.6.6. Strategy
11.2.6.7. SWOT Analysis
11.2.7. Panasonic
11.2.7.1. Business Overview
11.2.7.2. Products Offering
11.2.7.3. Financial Insights (Based on Availability)
11.2.7.4. Company Market Share Analysis
11.2.7.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.7.6. Strategy
11.2.7.7. SWOT Analysis
11.2.8. CATL
11.2.8.1. Business Overview
11.2.8.2. Products Offering
11.2.8.3. Financial Insights (Based on Availability)
11.2.8.4. Company Market Share Analysis
11.2.8.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.8.6. Strategy
11.2.8.7. SWOT Analysis
11.2.9. Tesla
11.2.9.1. Business Overview
11.2.9.2. Products Offering
11.2.9.3. Financial Insights (Based on Availability)
11.2.9.4. Company Market Share Analysis
11.2.9.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.9.6. Strategy
11.2.9.7. SWOT Analysis
11.2.10. Murata Manufacturing
11.2.10.1. Business Overview
11.2.10.2. Products Offering
11.2.10.3. Financial Insights (Based on Availability)
11.2.10.4. Company Market Share Analysis
11.2.10.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.10.6. Strategy
11.2.10.7. SWOT Analysis
11.2.11. EVE Energy
11.2.11.1. Business Overview
11.2.11.2. Products Offering
11.2.11.3. Financial Insights (Based on Availability)
11.2.11.4. Company Market Share Analysis
11.2.11.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.11.6. Strategy
11.2.11.7. SWOT Analysis
11.2.12. BYD
11.2.12.1. Business Overview
11.2.12.2. Products Offering
11.2.12.3. Financial Insights (Based on Availability)
11.2.12.4. Company Market Share Analysis
11.2.12.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.12.6. Strategy
11.2.12.7. SWOT Analysis
11.2.13. A123 Systems
11.2.13.1. Business Overview
11.2.13.2. Products Offering
11.2.13.3. Financial Insights (Based on Availability)
11.2.13.4. Company Market Share Analysis
11.2.13.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.13.6. Strategy
11.2.13.7. SWOT Analysis
11.2.14. SK On
11.2.14.1. Business Overview
11.2.14.2. Products Offering
11.2.14.3. Financial Insights (Based on Availability)
11.2.14.4. Company Market Share Analysis
11.2.14.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.14.6. Strategy
11.2.14.7. SWOT Analysis
11.2.15. Hitachi Chemical
11.2.15.1. Business Overview
11.2.15.2. Products Offering
11.2.15.3. Financial Insights (Based on Availability)
11.2.15.4. Company Market Share Analysis
11.2.15.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.15.6. Strategy
11.2.15.7. SWOT Analysis
11.2.16. Varta AG
11.2.16.1. Business Overview
11.2.16.2. Products Offering
11.2.16.3. Financial Insights (Based on Availability)
11.2.16.4. Company Market Share Analysis
11.2.16.5. Recent Developments (Product Launch, Mergers and Acquisition, etc.)
11.2.16.6. Strategy
11.2.16.7. SWOT Analysis

List of Figures

List of Tables

Table 1: Global 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 2: Global 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Chemistry Type, 2020-2035

Table 3: Global 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 4: Global 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Form Factor, 2020-2035

Table 5: Global 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Region, 2020-2035

Table 6: North America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 7: North America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Chemistry Type, 2020-2035

Table 8: North America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 9: North America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Form Factor, 2020-2035

Table 10: North America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Country, 2020-2035

Table 11: Europe 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 12: Europe 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Chemistry Type, 2020-2035

Table 13: Europe 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 14: Europe 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Form Factor, 2020-2035

Table 15: Europe 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 16: Asia Pacific 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 17: Asia Pacific 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Chemistry Type, 2020-2035

Table 18: Asia Pacific 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 19: Asia Pacific 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Form Factor, 2020-2035

Table 20: Asia Pacific 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 21: Latin America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 22: Latin America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Chemistry Type, 2020-2035

Table 23: Latin America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 24: Latin America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Form Factor, 2020-2035

Table 25: Latin America 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Table 26: Middle East & Africa 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Application, 2020-2035

Table 27: Middle East & Africa 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Chemistry Type, 2020-2035

Table 28: Middle East & Africa 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by End Use, 2020-2035

Table 29: Middle East & Africa 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Form Factor, 2020-2035

Table 30: Middle East & Africa 18650 Ternary Cylindrical Battery Market Revenue (USD billion) Forecast, by Country/ Sub-region, 2020-2035

Frequently Asked Questions

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