Battery Manufacturing Equipment Market Share

  • Report ID: 5355
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Battery Manufacturing Equipment Market Share

APAC Market Forecast

Asia Pacific is anticipated to hold 47% share of the global battery manufacturing equipment market by 2037. The region is a major producer, supplier, and lithium-ion battery user due to the ease with which raw materials of batteries are available. The region's large battery producers as well as machine manufacturers also have a strong presence in this region. China is currently the leading producer of lithium-ion batteries in the Asia Pacific region and one of the biggest buyers of these batteries. In 2021, China is expected to produce around 79 percent of all lithium-ion batteries entering the global market. Another factor boosting the expansion of the battery manufacturing equipment market in the Asia Pacific is an increase in R&D for creating new battery technologies by various countries in the region. China is a major center for the production of batteries worldwide, home to many reputable battery producers, equipment suppliers, and end customers.

North American Market Statistics

North America battery manufacturing equipment market is estimated to gain a notable revenue share by the end of 2037. In response to the region's large number of information technology companies, the market for battery manufacturing equipment is beginning to show signs of expansion. Additional market growth is anticipated due to the growing popularity of electric vehicles. Automobile manufacturers are now creating electric vehicles in a variety of shapes & styles for all car classes to boost sales as the demand for electric vehicles rises. For battery manufacturing to meet the demands of automakers, this personalization in automotive design offers a significant opportunity for growth.

Research Nester
Battery Manufacturing Equipment Market Size
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 5355
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of battery manufacturing equipment is evaluated at USD 20.78 billion.

The battery manufacturing equipment market size was valued at USD 17.24 billion in 2024 and is likely to exceed USD 337.21 billion by the end of 2037, registering over 25.7% CAGR during the forecast period i.e., between 2025-2037. Increasing Usage in the aerospace industry, expanding telecommunication industries, and rising sales of electric vehicles will boost the market growth.

Asia Pacific industry is likely to hold largest revenue share 47% by 2037, owing to availability of raw materials for battery manufacture in the region.

The major players in the market are Yinghe Technology, Manz AG, Bühler AG, Foshan Golden Milky Way Intelligent Equipment Co., Ltd., SOVEMA GROUP S.p.A., Battery Technology Source Co. Ltd. (BTS), Xiamen Tmax Battery Equipments Limited, Readco Kurimoto, LLC, Wirtz Manufacturing, HIRANO TECSEED Co., Ltd and others.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample