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The United States battery manufacturing equipment market value is projected to grow at a CAGR of 22.20% between 2025 and 2034.
Base Year
Historical Year
Forecast Year
United States Battery Manufacturing Equipment Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | XX |
Market Size 2032 | USD Million | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 22.2% |
CAGR 2024-2032 - Market by Region | Southeast | 22.0% |
CAGR 2024-2032 - Market by Region | New England | 20.6% |
CAGR 2024-2032 - Market by Equipment Type | Electrode Coating Equipment | 25.3% |
CAGR 2024-2032 - Market by Application | Automotive | 25.1% |
Market Share by Region | Rocky Mountain | 6.6% |
The increasing sales of electric vehicles (EVs) is a major driver of growth of the United States battery manufacturing equipment market, with EV sales in the U.S. increasing by over 20% in 2024 compared to 2023. To cater to this demand, automakers have been expanding their battery manufacturing plants for producing higher number of batteries. In December 2022, General Motors and LG Energy Solution invested additional USD 275 million in their battery plant at Tennessee.
The advancements in battery technology, which has led to emergence of batteries with higher power capacity and lower discharge rates have also improved manufacturing efficiency and created new United States battery manufacturing equipment market opportunities. Another trend in the market is the shift towards domestic or localizing battery production to meet the growing demand for EVs and support the transition towards renewable energy solutions. In October 2023, Toyota announced an USD 8 billion investment to expand its electric battery manufacturing plant in North Carolina, which is still under construction. Similarly, in April 2023, Samsung SDI and GM invested more than USD 3 billion in a battery manufacturing facility in Indiana to produce advanced battery cells for EVs.
Value in
2025-2034
United States Battery Manufacturing Equipment Market Outlook
*this image is indicative*
CAGR 2024-2032 - Market by | Region |
Southeast | 22.0% |
New England | 20.6% |
Mideast | XX% |
Plains | XX% |
Great Lakes | XX% |
Southwest | XX% |
Rocky Mountain | 24.0% |
Far West | 25.8% |
Electrode coating equipment is projected to lead with the highest CAGR of 25.3%, driven by its crucial role in enhancing battery performance. Cell assembly equipment follows with a CAGR of 23.8%, reflecting its importance in precise battery production. Formation and aging equipment show strong growth at 22.9%, essential for conditioning battery cells. Testing equipment, with a CAGR of 21.1%, supports quality control, while packaging equipment, growing at 20.0%, ensures secure battery handling. The market's focus is on advanced processes to meet the rising demand for high-performance batteries.
The automotive sector is expected to lead with a CAGR of 25.1%, driven by the surge in electric vehicle production. Energy storage systems follow closely with a CAGR of 23.8%, reflecting the growing need for renewable energy integration. Consumer electronics, with a CAGR of 22.6%, remains a significant application, fueled by the demand for portable devices. According to United States battery manufacturing equipment industry analysis, the industrial sector, growing at 21.3%, benefits from the increasing adoption of battery-powered machinery, while the 'others' category shows steady growth at 20.0%, encompassing various smaller applications.
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States battery manufacturing equipment market spanning from 2018 to 2034.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States battery manufacturing equipment market.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States battery manufacturing equipment market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States battery manufacturing equipment market landscape.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Equipment Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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