The global 18650 Cylindrical Battery market size was valued at US$ 12660 million in 2024 and is forecast to a readjusted size of USD 23590 million by 2031 with a CAGR of 7.8% during review period.
The 18650 cylindrical battery refers to a specific type of rechargeable lithium-ion battery commonly used in a wide range of devices due to its compact size, high energy density, and efficiency.
Key Drivers
Consumer Electronics: Laptops, cameras, and portable devices continue to rely on 18650 batteries for their compact size and proven performance.
Electric Vehicles: While larger formats are preferred for EVs, 18650 cells are still used in some hybrid and low-speed vehicles, particularly in China and Southeast Asia.
Energy Storage: ESS for residential and commercial applications leverage 18650 batteries for their modular design and scalability.
Power Tools: Cordless tools benefit from the 18650鈥檚 high discharge rates and robustness.
麻豆原创 Trends
Technological Advancements: Manufacturers are enhancing 18650 batteries with higher energy densities (up to 350 Wh/kg) and faster charging capabilities (e.g., 4C charging rates).
Niche Applications: The 18650 remains favored in drones, e-bikes, and medical devices due to its size-to-energy ratio.
Sustainability Focus: Growing demand for recycled and sustainable battery solutions is driving innovations in material recovery and circular economy practices.
Challenges
Competition from Larger Formats: The 21700 and 4680 cells offer higher energy and power densities, posing a threat to the 18650鈥檚 market share.
Raw Material Costs: Fluctuations in lithium, cobalt, and nickel prices impact production costs and pricing strategies.
Regulatory Pressures: Stringent safety and environmental regulations necessitate continuous improvements in battery design and manufacturing processes.
Geographic Insights
Asia-Pacific: Dominates the market due to robust manufacturing capabilities and high demand from electronics and EV sectors.
North America and Europe: Focus on high-value applications like ESS and premium consumer electronics, with an increasing emphasis on sustainable battery solutions.
Future Outlook
The 18650 cylindrical battery market is expected to maintain stability in the coming years, supported by:
Emerging 麻豆原创s: Expansion in regions like Africa and Latin America, where cost-effective 18650 solutions are preferred.
Technological Evolution: Advances in silicon-anode and solid-state technologies could enhance 18650 performance, extending its lifecycle.
Vertical Integration: Battery manufacturers are increasingly integrating upstream (mining) and downstream (recycling) operations to secure supply chains and reduce costs.
Conclusion
While the 18650 cylindrical battery faces competition from newer formats, its established ecosystem, cost advantages, and ongoing technological improvements ensure its relevance in diverse markets. As the industry transitions towards sustainable and high-performance energy solutions, the 18650 battery is likely to adapt and thrive in specialized applications.
This report is a detailed and comprehensive analysis for global 18650 Cylindrical Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global 18650 Cylindrical Battery market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2020-2031
Global 18650 Cylindrical Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2020-2031
Global 18650 Cylindrical Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2020-2031
Global 18650 Cylindrical Battery market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/KWh), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for 18650 Cylindrical Battery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global 18650 Cylindrical Battery market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, LG, Samsung, CATL, BYD, EVE, A123 Systems, Sunwoda Electronic, REPT, Great Power, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
麻豆原创 Segmentation
18650 Cylindrical Battery market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
麻豆原创 segment by Type
NCx
LFP
Others
麻豆原创 segment by Application
Consumer Electronics
Automotive
Other
Major players covered
Panasonic
LG
Samsung
CATL
BYD
EVE
A123 Systems
Sunwoda Electronic
REPT
Great Power
Gotion High-tech
Farasis Energy
SK on
Lishen
OptimumNano
Murata
麻豆原创 segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe 18650 Cylindrical Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of 18650 Cylindrical Battery, with price, sales quantity, revenue, and global market share of 18650 Cylindrical Battery from 2020 to 2025.
Chapter 3, the 18650 Cylindrical Battery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 18650 Cylindrical Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and 18650 Cylindrical Battery market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of 18650 Cylindrical Battery.
Chapter 14 and 15, to describe 18650 Cylindrical Battery sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 麻豆原创 Overview
1.1 Product Overview and Scope
1.2 麻豆原创 Estimation Caveats and Base Year
1.3 麻豆原创 Analysis by Type
1.3.1 Overview: Global 18650 Cylindrical Battery Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 NCx
1.3.3 LFP
1.3.4 Others
1.4 麻豆原创 Analysis by Application
1.4.1 Overview: Global 18650 Cylindrical Battery Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Consumer Electronics
1.4.3 Automotive
1.4.4 Other
1.5 Global 18650 Cylindrical Battery 麻豆原创 Size & Forecast
1.5.1 Global 18650 Cylindrical Battery Consumption Value (2020 & 2024 & 2031)
1.5.2 Global 18650 Cylindrical Battery Sales Quantity (2020-2031)
1.5.3 Global 18650 Cylindrical Battery Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Panasonic
2.1.1 Panasonic Details
2.1.2 Panasonic Major Business
2.1.3 Panasonic 18650 Cylindrical Battery Product and Services
2.1.4 Panasonic 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.1.5 Panasonic Recent Developments/Updates
2.2 LG
2.2.1 LG Details
2.2.2 LG Major Business
2.2.3 LG 18650 Cylindrical Battery Product and Services
2.2.4 LG 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.2.5 LG Recent Developments/Updates
2.3 Samsung
2.3.1 Samsung Details
2.3.2 Samsung Major Business
2.3.3 Samsung 18650 Cylindrical Battery Product and Services
2.3.4 Samsung 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.3.5 Samsung Recent Developments/Updates
2.4 CATL
2.4.1 CATL Details
2.4.2 CATL Major Business
2.4.3 CATL 18650 Cylindrical Battery Product and Services
2.4.4 CATL 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.4.5 CATL Recent Developments/Updates
2.5 BYD
2.5.1 BYD Details
2.5.2 BYD Major Business
2.5.3 BYD 18650 Cylindrical Battery Product and Services
2.5.4 BYD 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.5.5 BYD Recent Developments/Updates
2.6 EVE
2.6.1 EVE Details
2.6.2 EVE Major Business
2.6.3 EVE 18650 Cylindrical Battery Product and Services
2.6.4 EVE 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.6.5 EVE Recent Developments/Updates
2.7 A123 Systems
2.7.1 A123 Systems Details
2.7.2 A123 Systems Major Business
2.7.3 A123 Systems 18650 Cylindrical Battery Product and Services
2.7.4 A123 Systems 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.7.5 A123 Systems Recent Developments/Updates
2.8 Sunwoda Electronic
2.8.1 Sunwoda Electronic Details
2.8.2 Sunwoda Electronic Major Business
2.8.3 Sunwoda Electronic 18650 Cylindrical Battery Product and Services
2.8.4 Sunwoda Electronic 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.8.5 Sunwoda Electronic Recent Developments/Updates
2.9 REPT
2.9.1 REPT Details
2.9.2 REPT Major Business
2.9.3 REPT 18650 Cylindrical Battery Product and Services
2.9.4 REPT 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.9.5 REPT Recent Developments/Updates
2.10 Great Power
2.10.1 Great Power Details
2.10.2 Great Power Major Business
2.10.3 Great Power 18650 Cylindrical Battery Product and Services
2.10.4 Great Power 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.10.5 Great Power Recent Developments/Updates
2.11 Gotion High-tech
2.11.1 Gotion High-tech Details
2.11.2 Gotion High-tech Major Business
2.11.3 Gotion High-tech 18650 Cylindrical Battery Product and Services
2.11.4 Gotion High-tech 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.11.5 Gotion High-tech Recent Developments/Updates
2.12 Farasis Energy
2.12.1 Farasis Energy Details
2.12.2 Farasis Energy Major Business
2.12.3 Farasis Energy 18650 Cylindrical Battery Product and Services
2.12.4 Farasis Energy 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.12.5 Farasis Energy Recent Developments/Updates
2.13 SK on
2.13.1 SK on Details
2.13.2 SK on Major Business
2.13.3 SK on 18650 Cylindrical Battery Product and Services
2.13.4 SK on 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.13.5 SK on Recent Developments/Updates
2.14 Lishen
2.14.1 Lishen Details
2.14.2 Lishen Major Business
2.14.3 Lishen 18650 Cylindrical Battery Product and Services
2.14.4 Lishen 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.14.5 Lishen Recent Developments/Updates
2.15 OptimumNano
2.15.1 OptimumNano Details
2.15.2 OptimumNano Major Business
2.15.3 OptimumNano 18650 Cylindrical Battery Product and Services
2.15.4 OptimumNano 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.15.5 OptimumNano Recent Developments/Updates
2.16 Murata
2.16.1 Murata Details
2.16.2 Murata Major Business
2.16.3 Murata 18650 Cylindrical Battery Product and Services
2.16.4 Murata 18650 Cylindrical Battery Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.16.5 Murata Recent Developments/Updates
3 Competitive Environment: 18650 Cylindrical Battery by Manufacturer
3.1 Global 18650 Cylindrical Battery Sales Quantity by Manufacturer (2020-2025)
3.2 Global 18650 Cylindrical Battery Revenue by Manufacturer (2020-2025)
3.3 Global 18650 Cylindrical Battery Average Price by Manufacturer (2020-2025)
3.4 麻豆原创 Share Analysis (2024)
3.4.1 Producer Shipments of 18650 Cylindrical Battery by Manufacturer Revenue ($MM) and 麻豆原创 Share (%): 2024
3.4.2 Top 3 18650 Cylindrical Battery Manufacturer 麻豆原创 Share in 2024
3.4.3 Top 6 18650 Cylindrical Battery Manufacturer 麻豆原创 Share in 2024
3.5 18650 Cylindrical Battery 麻豆原创: Overall Company Footprint Analysis
3.5.1 18650 Cylindrical Battery 麻豆原创: Region Footprint
3.5.2 18650 Cylindrical Battery 麻豆原创: Company Product Type Footprint
3.5.3 18650 Cylindrical Battery 麻豆原创: Company Product Application Footprint
3.6 New 麻豆原创 Entrants and Barriers to 麻豆原创 Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global 18650 Cylindrical Battery 麻豆原创 Size by Region
4.1.1 Global 18650 Cylindrical Battery Sales Quantity by Region (2020-2031)
4.1.2 Global 18650 Cylindrical Battery Consumption Value by Region (2020-2031)
4.1.3 Global 18650 Cylindrical Battery Average Price by Region (2020-2031)
4.2 North America 18650 Cylindrical Battery Consumption Value (2020-2031)
4.3 Europe 18650 Cylindrical Battery Consumption Value (2020-2031)
4.4 Asia-Pacific 18650 Cylindrical Battery Consumption Value (2020-2031)
4.5 South America 18650 Cylindrical Battery Consumption Value (2020-2031)
4.6 Middle East & Africa 18650 Cylindrical Battery Consumption Value (2020-2031)
5 麻豆原创 Segment by Type
5.1 Global 18650 Cylindrical Battery Sales Quantity by Type (2020-2031)
5.2 Global 18650 Cylindrical Battery Consumption Value by Type (2020-2031)
5.3 Global 18650 Cylindrical Battery Average Price by Type (2020-2031)
6 麻豆原创 Segment by Application
6.1 Global 18650 Cylindrical Battery Sales Quantity by Application (2020-2031)
6.2 Global 18650 Cylindrical Battery Consumption Value by Application (2020-2031)
6.3 Global 18650 Cylindrical Battery Average Price by Application (2020-2031)
7 North America
7.1 North America 18650 Cylindrical Battery Sales Quantity by Type (2020-2031)
7.2 North America 18650 Cylindrical Battery Sales Quantity by Application (2020-2031)
7.3 North America 18650 Cylindrical Battery 麻豆原创 Size by Country
7.3.1 North America 18650 Cylindrical Battery Sales Quantity by Country (2020-2031)
7.3.2 North America 18650 Cylindrical Battery Consumption Value by Country (2020-2031)
7.3.3 United States 麻豆原创 Size and Forecast (2020-2031)
7.3.4 Canada 麻豆原创 Size and Forecast (2020-2031)
7.3.5 Mexico 麻豆原创 Size and Forecast (2020-2031)
8 Europe
8.1 Europe 18650 Cylindrical Battery Sales Quantity by Type (2020-2031)
8.2 Europe 18650 Cylindrical Battery Sales Quantity by Application (2020-2031)
8.3 Europe 18650 Cylindrical Battery 麻豆原创 Size by Country
8.3.1 Europe 18650 Cylindrical Battery Sales Quantity by Country (2020-2031)
8.3.2 Europe 18650 Cylindrical Battery Consumption Value by Country (2020-2031)
8.3.3 Germany 麻豆原创 Size and Forecast (2020-2031)
8.3.4 France 麻豆原创 Size and Forecast (2020-2031)
8.3.5 United Kingdom 麻豆原创 Size and Forecast (2020-2031)
8.3.6 Russia 麻豆原创 Size and Forecast (2020-2031)
8.3.7 Italy 麻豆原创 Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific 18650 Cylindrical Battery Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific 18650 Cylindrical Battery Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific 18650 Cylindrical Battery 麻豆原创 Size by Region
9.3.1 Asia-Pacific 18650 Cylindrical Battery Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific 18650 Cylindrical Battery Consumption Value by Region (2020-2031)
9.3.3 China 麻豆原创 Size and Forecast (2020-2031)
9.3.4 Japan 麻豆原创 Size and Forecast (2020-2031)
9.3.5 South Korea 麻豆原创 Size and Forecast (2020-2031)
9.3.6 India 麻豆原创 Size and Forecast (2020-2031)
9.3.7 Southeast Asia 麻豆原创 Size and Forecast (2020-2031)
9.3.8 Australia 麻豆原创 Size and Forecast (2020-2031)
10 South America
10.1 South America 18650 Cylindrical Battery Sales Quantity by Type (2020-2031)
10.2 South America 18650 Cylindrical Battery Sales Quantity by Application (2020-2031)
10.3 South America 18650 Cylindrical Battery 麻豆原创 Size by Country
10.3.1 South America 18650 Cylindrical Battery Sales Quantity by Country (2020-2031)
10.3.2 South America 18650 Cylindrical Battery Consumption Value by Country (2020-2031)
10.3.3 Brazil 麻豆原创 Size and Forecast (2020-2031)
10.3.4 Argentina 麻豆原创 Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa 18650 Cylindrical Battery Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa 18650 Cylindrical Battery Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa 18650 Cylindrical Battery 麻豆原创 Size by Country
11.3.1 Middle East & Africa 18650 Cylindrical Battery Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa 18650 Cylindrical Battery Consumption Value by Country (2020-2031)
11.3.3 Turkey 麻豆原创 Size and Forecast (2020-2031)
11.3.4 Egypt 麻豆原创 Size and Forecast (2020-2031)
11.3.5 Saudi Arabia 麻豆原创 Size and Forecast (2020-2031)
11.3.6 South Africa 麻豆原创 Size and Forecast (2020-2031)
12 麻豆原创 Dynamics
12.1 18650 Cylindrical Battery 麻豆原创 Drivers
12.2 18650 Cylindrical Battery 麻豆原创 Restraints
12.3 18650 Cylindrical Battery Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of 18650 Cylindrical Battery and Key Manufacturers
13.2 Manufacturing Costs Percentage of 18650 Cylindrical Battery
13.3 18650 Cylindrical Battery Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 18650 Cylindrical Battery Typical Distributors
14.3 18650 Cylindrical Battery Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Panasonic
LG
Samsung
CATL
BYD
EVE
A123 Systems
Sunwoda Electronic
REPT
Great Power
Gotion High-tech
Farasis Energy
SK on
Lishen
OptimumNano
Murata
听
听
*If Applicable.
