Vietnam Lithium Ion Battery Market to 2032
Overview
The Vietnam Lithium Ion Battery Market is expected to reach a 1,227.41 USD Million by 2032 and is projected to grow at a CAGR of 17.80% from 2025 to 2032.
Revenue, 2024 (USD Million)
429.15
Forecast, 2032 (USD Million)
1,227.41
CAGR, 2024 - 2032
17.80%
Report Coverage
Vietnam
Vietnam Lithium Ion Battery Market 2018-2032 USD Million
Vietnam Lithium Ion Battery Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 429.15 USD Million
- Projected Market Size (2032): 1,227.41 USD Million
- CAGR (2025-2032): 17.80%
Key Findings of Vietnam Lithium Ion Battery Market
- The Vietnam Lithium Ion Battery Market was valued at 429.15 USD Million in 2024.
- The Vietnam Lithium Ion Battery Market is likely to grow at a CAGR of 17.80% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Automotive in End Use Segment accounted for the largest share of the market with a revenue of 468.25 USD Million
- The fastest growing segment Automotive in End Use Segment grew Fastest with a CAGR of 19.83% during the forecast period from 2024 to 2032.
Vietnam Lithium Ion Battery Market Scope
Vietnam Lithium Ion Battery Market Segmentation & Scope
Type
- Lithium Titanate
- Lithium Manganese Oxide
- Lithium Nickel Cobalt Aluminium Oxide (NCA)
- Lithium Cobalt Oxide
- Lithium Iron Phosphate (LFP)
- Lithium Nickel Manganese Cobalt Oxide (Li-NMC)
Component
- Others
- Separator
- Electrolyte
- Anode
- Cathode
Product
- Pack
- Module
- Storage System (ESS)
- Cells
Charge
- Non-Rechargeable
- Rechargeable
End Use
- Others
- Marine
- Aerospace and Defense
- Medical
- Telecom
- Construction
- Industrial
- Power
- Consumer Electronics
- Automotive
Vietnam Lithium Ion Battery Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 429.15 USD Million |
| Market Value in 2032 | 1,227.41 USD Million |
| CAGR (2025-2032) | 17.80% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Component,Product,Charge,End Use |
Regional Insights:
-
Leading Market (2024-2032): Vietnam, leading in terms of revenue 429.15 USD Million in 2024
- Key Country: Vietnam, leading in terms of revenue with value of 429.15 USD Million in 2024.
Segments and Scope
-
Vietnam Lithium Ion Battery Market to 2032, By Type
- Lithium Nickel Manganese Cobalt Oxide (Li-NMC) is the largest segment in Vietnam Lithium Ion Battery Market to 2032 with a revenue of 211.89 USD Million in the year 2024.
- Lithium Nickel Manganese Cobalt Oxide (Li-NMC) is the Fastest growing segment in Vietnam Lithium Ion Battery Market to 2032 with a Growth rate of 18.68 % in forecast period 2025-2032.
-
Vietnam Lithium Ion Battery Market to 2032, By Component
- Cathode is the largest segment in Vietnam Lithium Ion Battery Market to 2032 with a revenue of 218.58 USD Million in the year 2024.
- Cathode is the Fastest growing segment in Vietnam Lithium Ion Battery Market to 2032 with a Growth rate of 18.79 % in forecast period 2025-2032.
-
Vietnam Lithium Ion Battery Market to 2032, By Product
- Cells is the largest segment in Vietnam Lithium Ion Battery Market to 2032 with a revenue of 226.30 USD Million in the year 2024.
- Cells is the Fastest growing segment in Vietnam Lithium Ion Battery Market to 2032 with a Growth rate of 19.05 % in forecast period 2025-2032.
-
Vietnam Lithium Ion Battery Market to 2032, By Charge
- Rechargeable is the largest segment in Vietnam Lithium Ion Battery Market to 2032 with a revenue of 336.84 USD Million in the year 2024.
- Rechargeable is the Fastest growing segment in Vietnam Lithium Ion Battery Market to 2032 with a Growth rate of 18.16 % in forecast period 2025-2032.
-
Vietnam Lithium Ion Battery Market to 2032, By End Use
- Automotive is the largest segment in Vietnam Lithium Ion Battery Market to 2032 with a revenue of 468.25 USD Million in the year 2024.
- Automotive is the Fastest growing segment in Vietnam Lithium Ion Battery Market to 2032 with a Growth rate of 19.83 % in forecast period 2025-2032.
Vietnam Lithium Ion Battery Market Company Share Analysis
Vietnam Lithium Ion Battery Market Geographical Sales Distribution, 2018-2032 USD Million
Vietnam Lithium Ion Battery Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Vietnam Lithium Ion Battery Market is segmented based on Segmentation Type,Component,Product,Charge,End Use.
Vietnam Lithium Ion Battery Market was valued at USD 429.15(Revenue in USD Million) in 2022.
Vietnam Lithium Ion Battery Market is projected to grow at a CAGR of 17.80% during the forecast period of 2024 to 2032.
The Automotive segment is expected to dominate the Vietnam Lithium Ion Battery Market, holding a largest market share of 468.25 USD Million in 2024
Coming Soon....
Vietnam Lithium Ion Battery Market Scope
Vietnam Lithium Ion Battery Market Segmentation & Scope
Type
- Lithium Titanate
- Lithium Manganese Oxide
- Lithium Nickel Cobalt Aluminium Oxide (NCA)
- Lithium Cobalt Oxide
- Lithium Iron Phosphate (LFP)
- Lithium Nickel Manganese Cobalt Oxide (Li-NMC)
Component
- Others
- Separator
- Electrolyte
- Anode
- Cathode
Product
- Pack
- Module
- Storage System (ESS)
- Cells
Charge
- Non-Rechargeable
- Rechargeable
End Use
- Others
- Marine
- Aerospace and Defense
- Medical
- Telecom
- Construction
- Industrial
- Power
- Consumer Electronics
- Automotive
Frequently Asked Questions
The Vietnam Lithium Ion Battery Market is segmented based on Segmentation Type,Component,Product,Charge,End Use.
Vietnam Lithium Ion Battery Market was valued at USD 429.15(Revenue in USD Million) in 2022.
Vietnam Lithium Ion Battery Market is projected to grow at a CAGR of 17.80% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Lithium Ion Battery Market for final year is USD 1,227.41 (USD Million).
Vietnam Lithium Ion Battery Market Company Profiling
Frequently Asked Questions
The Vietnam Lithium Ion Battery Market is segmented based on Segmentation Type,Component,Product,Charge,End Use.
Vietnam Lithium Ion Battery Market was valued at USD 429.15(Revenue in USD Million) in 2022.
Vietnam Lithium Ion Battery Market is projected to grow at a CAGR of 17.80% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Lithium Ion Battery Market for final year is USD 1,227.41 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.