These car battery market statistics cover the broader automotive battery industry, including conventional lead-acid starter batteries and lithium-ion batteries used in electric vehicles. The latest numbers show a market that is growing in two directions at once: replacement demand remains resilient for 12V batteries, while EV battery volumes continue to scale rapidly worldwide.
Max = 464.7 GWh. Widths: CATL 100.00%, BYD 41.92%, LG Energy Solution 23.41%, SK On 9.58%, Panasonic 9.51%
Average lithium-ion battery pack prices
Label
Bar
Value
2023
$139/kWh
2024
$115/kWh
2025
$108/kWh
Max = $139/kWh. Widths: 2023 100.00%, 2024 82.73%, 2025 77.70%
North American automotive lead battery demand growth
Label
Bar
Value
2024 actual
3.9%
2025 forecast
2.5%
2026 forecast
2.8%
2027 forecast
2.6%
Max = 3.9%. Widths: 2024 actual 100.00%, 2025 forecast 64.10%, 2026 forecast 71.79%, 2027 forecast 66.67%
What these car battery market statistics show
The car battery market is expanding because two different demand engines are operating at the same time. Traditional vehicles still need replacement lead-acid batteries in large volumes, while electric vehicle adoption is driving much faster growth in lithium-ion demand, manufacturing scale, and supplier competition.
The numbers also show that pricing pressure is getting stronger across the industry. Battery pack prices have fallen sharply, Chinese manufacturers continue to hold an outsized position in global supply, and major battery makers are competing harder for scale, contracts, and regional production advantages. That combination should keep the market growing, but it will also make margins and technology choices more important for battery producers.
