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Lithium-Ion Batteries in the US Procurement Price, Data and Insights
This report is intended to assist buyers of lithium-ion batteries, which are rechargeable and commonly used in consumer electronics, electric vehicles, and aerospace and military applications. The primary suppliers of lithium-ion batteries are manufacturers and wholesalers. Key buyers include electronic vehicle manufacturers, consumer electronics manufacturers, airplane manufacturers, and military agencies.
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What’s included in this market coverage
IBISWorld's research coverage on the Lithium-Ion Batteries procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Lithium-Ion Batteries market in the United States includes Lithium-Ion Batteries, EV Lithium-Ion Batteries, Portable Lithium-Ion Batteries, Storage Lithium-Ion Batteries and Lithium-Ion Batteries for Automotive & Mechanical Applications. Standard coding in this coverage includes HS-8507600000-Lithium Ion Batteries, ISIC-272-Manufacture of batteries and accumulators, NACE-27.20-Manufacture Of Batteries And Accumulators, NAICS-335910-Battery Manufacturing and UNSPSC-26111711-Lithium batteries.
What common market terminology is included?
Common market terminology included in the Lithium-Ion Batteries procurement coverage includes Lead-Acid Battery (The original type of rechargeable battery. This battery is favored for motor vehicles due to its high power-to-weight ratio and low production cost.), Battery Case (Also known as a jar, this is the exterior casing that holds the battery together.) and Self-Discharge Rate (The rate that the battery depreciates due to non-usage, often known as the shelf life of the battery.).
What companies are included as top suppliers?
The top companies covered in the Lithium-Ion Batteries procurement report as suppliers are Enersys, Exide Technologies, Crown Battery Manufacturing Company, Contemporary Amperex Technology Co. Limited and TotalEnergies SE.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Lithium-Ion Batteries market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per kWh, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Lithium-Ion Batteries market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Lithium-Ion Batteries procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Lithium-Ion Batteries market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Lithium-Ion Batteries market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Lithium-Ion Batteries?
The 2026 benchmark market price for Lithium-Ion Batteries is $106 per kWh. Prices have declined at a CAGR of -10.53 from 2023-26.
Who are the top vendors in the Lithium-Ion Batteries market?
The top vendors in the Lithium-Ion Batteries market include Enersys, Exide Technologies, Crown Battery Manufacturing Company, Contemporary Amperex Technology Co. Limited and TotalEnergies SE.
What industries supply the Lithium-Ion Batteries market?
The top industries supplying the Lithium-Ion Batteries market are Ferrous Metal Foundry Products in the US, Steel Rolling & Drawing in the US, Metal Stamping & Forging in the US, Iron & Steel Manufacturing in the US, Nonferrous Metal Refining in the US, Mining in the US, Plastic & Resin Manufacturing in the US and Petrochemical Manufacturing in the US.
What is the supply chain risk for Lithium-Ion Batteries?
High market share concentration limits negotiation leverage and increases switching costs for buyers. The lithium-ion batteries market is dominated by a handful of major vendors, giving these suppliers significant pricing power and leverage in contract negotiations. Buyers have fewer alternatives and are often subject to the terms set by large incumbents, particularly as supplier diversity is low. To counteract this dynamic, procurement teams should focus on developing strategic partnerships, aggregating demand to strengthen their bargaining position, and seeking medium-sized suppliers for niche or specialized requirements where possible.
What factors affect the price of Lithium-Ion Batteries?
Technical specifications of lithium-ion batteries, such as energy density, cycle life, charge time, and safety features, directly affect their pricing, as higher performance characteristics typically require more advanced technologies or additional materials. For instance, batteries with advanced thermal management systems or higher energy densities suitable for electric vehicle applications are priced significantly higher than standard consumer electronics batteries, reflecting their enhanced functionality and manufacturing complexity.
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