In the era of accelerating global energy transformation and guided by the "Dual Carbon" goals, the lithium-battery industry has emerged as a pivotal force supporting the development of the new-energy sector. China's lithium-battery industry, leveraging its advantages in policy, technology, and industrial chain, has firmly established itself as a key player in the global market. According to the latest "China Lithium-Battery Industry Research Report 2025-2029," released by iiMedia Research, a leading third-party data mining and analysis firm specializing in the global new economy, China's lithium-battery market reached 1.75 trillion yuan in 2024, marking a year-on-year growth of 25.0%. The report projects that by 2029, the market size will surpass 5 trillion yuan. Analysts at iiMedia Research highlight that, driven by the global trends toward industrial intelligence and green transformation, rapidly expanding strategic emerging industries such as the low-altitude economy and electric vehicles are becoming the core engines propelling the explosive growth in lithium-battery demand.

　　 Core perspective

　 　Market Size: China's lithium-battery market is projected to reach 5.0372 trillion yuan by 2029.

　　 According to data from iiMedia Research, China's lithium-battery market has been on an overall upward trend, reaching 1.75 trillion yuan in 2024—a 25.0% year-on-year increase—and is projected to surpass 5 trillion yuan by 2029. China boasts a complete lithium-battery industry chain and enjoys certain cost advantages. Meanwhile, rising export demand, coupled with the growth of new-energy vehicles and energy-storage applications, continues to provide strong support for the sustained expansion of China's lithium-battery industry.

　　 Business Performance: Emerging downstream industries such as new-energy vehicles and robotics are driving the growth of the lithium-battery sector.

　　According to data from iiMedia Research, China's new energy vehicle market has grown steadily year by year from 2017 to 2024, reaching a market size of 1.84 trillion yuan in 2024—a 60.00% increase compared to the previous year. Meanwhile, China's robotics industry has also shown an upward trend in market size from 2021 to 2027, peaking at 267.02 billion yuan in 2024. The robust growth of downstream industries such as new energy vehicles and robotics has, to a certain extent, fueled the development of upstream lithium battery industries.

　　 Future Outlook: Driven by emerging industries, market demand for lithium-battery production—and the associated technological requirements—is rapidly surging.

　　Under the global wave of industrial intelligence and green transformation, the vigorous development of strategic emerging industries such as robotics, the low-altitude economy, new-energy vehicles, and electric vehicles is becoming the core engine driving the explosive growth in demand for lithium batteries. From the perspective of technological adaptability, lithium batteries—boasting remarkable advantages like high energy density, long cycle life, and lightweight design—are perfectly aligned with diverse industry applications, firmly establishing themselves as the indispensable "powerhouse" across various sectors.

　　 The following is an excerpt from the report.

　　 (Excerpt) Chapter 1: Development Status of China's Lithium-Battery Industry

　　The Concept of Lithium Batteries in China and Their Main Application Areas

　　Lithium batteries are a type of battery that uses lithium metal or lithium alloys as the negative electrode material and employs a non-aqueous electrolyte solution. They boast advantages such as high energy density, long cycle life, low self-discharge rate, and environmental friendliness. Compared to other secondary batteries—primarily including nickel-cadmium, nickel-metal hydride, and lead-acid batteries—lithium batteries stand out for their higher operating voltage, greater energy density, extended cycle life, and zero metal pollution. As a result, they are widely used in downstream applications such as consumer electronics, new-energy vehicles, and energy storage systems.

　　 The driving force behind China's lithium-battery market: Strong demand from China's new-energy vehicle sector

　　According to data from iiMedia Research, China's new energy vehicle market has grown steadily year by year from 2017 to 2024. In 2024, the market size reached 1.84 trillion yuan, representing a year-on-year increase of 60.00%. Analysts at iiMedia Research believe that this growth in the new energy vehicle sector is driving the lithium-battery industry to achieve breakthroughs in scale, technology, and cost efficiency—thanks to a self-reinforcing "demand-pull, technology-driven, cost-optimization, and ecosystem-collaboration" cycle. As the new energy vehicle market continues to expand, the lithium-battery industry will accelerate its transition toward higher energy density, lower unit costs, and full-lifecycle recycling, further solidifying China's leading position in the global new-energy industrial chain.

　　 The driving force behind China's lithium-battery market: China's robotics market continues to expand.

　　According to data from iiMedia Research, China's robotics industry market size has been on an upward trend from 2021 to 2027, reaching 267.02 billion yuan in 2024. Moreover, the annual incremental market for humanoid robots in China is expected to hit 2.3 trillion yuan. Analysts at iiMedia Research note that as robotic applications continue to expand—whether in industrial settings like warehouse logistics AGVs or in service sectors such as delivery robots—there is growing demand and increasingly stringent technical requirements for lithium batteries that offer high energy density and extended endurance. This interplay between technological breakthroughs and rising market needs is mutually reinforcing, accelerating R&D investments and capacity upgrades among lithium battery companies, thereby propelling the industry toward greater sophistication and specialization.

　　 Lithium Battery Market Size and Forecast Analysis

　　According to data from iiMedia Research, China's lithium-battery market has shown an overall upward trend from 2021 to 2024, reaching 1.75 trillion yuan in 2024—a year-on-year increase of 25.0%. Analysts at iiMedia Research note that China boasts a complete lithium-battery industry chain and enjoys certain cost advantages. As export demand grows alongside the expanding markets for new-energy vehicles and energy-storage solutions, these factors are providing solid support for the continued growth of China's lithium-battery industry.

　　 (Excerpt) Chapter 2: Analysis of China's Lithium-Battery Industry Chain

　　Lithium Battery Industry Chain Map

　　 Upstream Analysis: China's Lithium Carbonate Production Continues to Grow Steadily

　　Data shows that China's lithium carbonate production exhibited an overall upward trend from 2016 to 2024, with China's output reaching 715,000 tons in 2024—a year-on-year increase of 38.03%. Analysts at iiMedia Consulting believe that as a core raw material for lithium batteries, the growing production of lithium carbonate is fueling the lithium battery industry by optimizing cost structures, ensuring stable supply, driving technological innovation, and stimulating market demand. As the upstream lithium carbonate sector continues to expand, the lithium battery industry is poised to enter a new phase of higher-quality, more competitive growth.

　　 Midstream Analysis: China's Electric Separator Membrane Shipments Continue to Rise

　　Data shows that China's shipments of both dry-process and wet-process lithium battery separators exhibited an upward trend from 2022 to 2024. In 2024, dry-process lithium battery separator shipments reached 5.0 billion square meters, while wet-process separator shipments surged to 17.3 billion square meters. According to analysts at iiMedia Research, as a critical internal component of lithium batteries, the increase in separator shipments ensures a steady supply of raw materials for lithium battery production, enabling manufacturing capacity to keep pace with the rapid growth in market demand and driving the industry's overall expansion.

　　 Downstream Analysis: Chinese Battery Companies See Manufacturing Costs Continuously Decline

　　Data shows that from January 2024 to May 2025, China's producer price index for the battery manufacturing industry experienced a year-on-year decline compared to the same month of the previous year. In May 2025, the index fell by 3.8% compared to May 2024. Analysts at iiMedia Research believe that the underlying reason for the drop in producer prices is the result of industry-wide scale-up and technological advancements. In the short term, this trend enables cost optimization, enhancing the competitiveness of the sector. Over the long term, it will drive lithium batteries to break through critical adoption thresholds in key areas such as new energy vehicles and energy storage systems. As a result, the lithium-battery industry is accelerating its transition toward higher energy density, lower unit costs, and comprehensive lifecycle recycling—further solidifying China's leading position in the global lithium-ion battery market.

　　 (Excerpt) Chapter 3: Trends in China's Lithium-Battery Market

　　Finally, the report also provides an insightful analysis of China’s lithium-battery industry from multiple angles, including its current development status, industrial chain structure, and emerging industry trends. According to analysts at iiMedia Research, China’s lithium-battery sector is firmly leading global growth, driven by surging demand in the new-energy vehicle and energy-storage markets—both of which are propelling the production of power batteries and energy-storage lithium batteries, respectively. On the industrial front, China has established a comprehensive, fully integrated system spanning the upstream, midstream, and downstream segments. Specifically, the upstream lithium carbonate industry continues to expand its output, while midstream manufacturers of materials such as positive and negative electrodes and separators are witnessing steadily increasing shipments. Meanwhile, downstream battery producers are experiencing declining manufacturing costs, further highlighting the industry’s competitive edge. With continued policy support, the sector is poised for sustained rapid growth, solidifying China’s pivotal role in the global lithium-battery industry and injecting robust momentum into the broader transition toward clean energy.