The Lithium-ion segment held the largest market share in 2024, accounting for 89. 2% of the global EV battery pack market. Growth is driven by factors such as mature manufacturing infrastructure, established supply chains, and proven performance characteristics across diverse. . The global battery pack market size was valued at USD 139. 8 billion in 2024 and is estimated to grow at a CAGR of 12. 7% from 2025 to 2034. Rising global shift towards sustainable transportation supported by government promotions for EVs through subsidies, tax incentives, and stricter emissions. . The EV Battery Pack Market report segments the industry into Body Type (Bus, LCV, M&HDT, Passenger Car), Propulsion Type (BEV, PHEV), Battery Chemistry (LFP, NCA, NCM, NMC, Others), Capacity (15 kWh to 40 kWh, 40 kWh to 80 kWh, Above 80 kWh, Less than 15 kWh), Battery Form (Cylindrical, Pouch. . The EV Battery Pack Market size is estimated at 114. 08% during the forecast period (2025-2029). The electrification of vehicles in various countries globally has grown significantly over the past few. . Battery Pack Market size is set to increase from USD 137 Billion in 2024 to USD 1. 66 billion. The Battery Pack Market is experiencing significant growth driven. . Battery packs are central to energy storage in electric vehicles, portable electronics, grid-scale storage systems, industrial automation, and backup power solutions. These systems integrate multiple battery cells with thermal management, battery management systems (BMS), safety circuits, and. . Battery Type Outlook (Revenue, USD Million, 2024 – 2034) ( Lithium-ion, Solid-state, Nickel-metal Hydride), Vehicle Type Outlook (Revenue, USD Million, 2024 – 2034) ( Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs)) Preview the depth and quality of our market insights.