According to Cognitive Market Research, the global Lithium-ion Battery Pack market size will be USD 132514.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 12.50% from 2025 to 2033.
North America held the major market share for more than 40% of the global revenue with a market size of USD 38429.29 million in 2025 and will grow at a compound annual growth rate (CAGR) of 11.5% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 31803.55 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 49030.48 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 5035.56 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 5300.59 million in 2025. and will grow at a compound annual growth rate (CAGR) of 12.8% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 2915.33 million in 2025. and will grow at a compound annual growth rate (CAGR) of 11.8% from 2025 to 2033.
Lithium Iron Phosphate category is the fastest growing segment of the Lithium-ion Battery Pack industry