Battery Manufacturing Equipment Market By Machine Type, By Battery Type, By Process Stage, By Application, By Region and By Country: Industry Size, Share, Manufacturers, Outlook and Forecasts, 2025 – 2035

Report Summary

Battery Manufacturing Equipment Market Share Statistics

• The Global Battery Manufacturing Equipment Market size was worth USD 9 Billion in 2024.

• According to Vertex, Battery Manufacturing Equipment Market is projected to grow to USD 70 Billion by 2035.

• Global Battery Manufacturing Equipment Market to witness 21% CAGR from 2025 to 2035.

The global battery manufacturing equipment market is growing significantly, driven by the increased demand for energy storage devices from several industries, including the automobile industry, consumer electronics industry, and renewable energy sector. The battery manufacturing equipment industry is expected to expand significantly with the advancements in lithium-ion battery manufacturing and increasing investments in new-generation production processes.

Market growth is primarily fueled by the rapidly increasing adoption of electric vehicles (EVs), increasing demand for high-efficiency energy storage in renewable power systems, and ongoing advancements in battery chemistry and manufacturing efficiency. Utilization of automation, precision engineering, and artificial intelligence-based quality control is turning out to be critical to maximize manufacturing lines, reduce material waste, and enhance battery performance. Government stimulus to clean energy and EVs worldwide is also adding further drive to investment in advanced battery manufacturing facilities.

Battery Manufacturing Equipment Market Overview 

Battery manufacturing equipment is specialized equipment and machinery employed in battery manufacturing, including lithium-ion (Li-ion), lead-acid, solid-state, and emerging battery technologies and chemistries. Battery manufacturing equipment covers all the manufacturing processes, including the processing of raw materials and electrode manufacturing through cell assembly, testing, and cell or battery pack packaging. The equipment includes electrode material mixing and coating equipment, calendaring, slitting, winding/stacking, cell assembly, electrolyte filling, formation cycling, and quality control inspection.

Battery equipment manufacturing industry is a technology-intensive ecosystem including equipment manufacturers, material suppliers, battery producers, research institutes, and end-users. Battery manufacturing equipment industry is vital for the expansion of battery manufacturing infrastructure utilized for energy storage and electrification. It supports several end-use industries such as automotive, consumer electronics, renewable energy, and industrial applications.

Battery Manufacturing Equipment Market – Key Insights

• Based on the machine type, the coating and dryer machinery segment dominated the global battery manufacturing equipment market in 2024.

• Based on the battery type, the LFP batteries segment is expected to grow with highest CAGR during the forecast period and hold significant market share.

• Based on the process, the electrode manufacturing process segment is expected to dominate the global battery manufacturing equipment market.

• Based on the application, the automotive application segment dominated the global battery manufacturing equipment market in 2024.

• Based on region, Asia Pacific market is expected to be the fastest-growing market at more than 25% CAGR, driven by driven by strong government policies, massive investments in gigafactories, and the presence of major battery manufacturers in China, South Korea, and Japan.

What are the Battery Manufacturing Equipment Market Segmentations and Bifurcations?

Battery Manufacturing Equipment Market Segments based on Machine Type

• Coating and Dryer Machinery

• Calendaring Machinery 

• Slitting Machinery 

• Mixing Machinery 

• Electrode Stacking Machinery 

• Assembly and Handling Machinery

• Formation and Testing Machinery

In 2024, the coating and dryer machinery segment captured the largest share of the global battery manufacturing equipment market, representing around 30% of the overall market. This leading position is due to the critical importance of coating and drying in the production of electrodes, which significantly affects battery performance and efficiency. The rising output of electric vehicle (EV) batteries, along with improvements in high-speed and precision coating technologies, has also fueled the demand for these machines.

Battery Manufacturing Equipment Market Segments based on Battery Type

• NCA
• NMC
• LFP
• LMO
• LCO
• LTO
• Others

Based on the battery type, LFP batteries are expected to grow at the fastest rate during the forecast period, thereby gaining a significant share of the global battery manufacturing equipment market. The increased adoption of Lithium Iron Phosphate (LFP) batteries can be primarily attributed to being cost-effective, having longer cycle life, and being safer than other lithium-ion chemistries. Such batteries have gained increased traction for use in EVs, battery energy storage systems, and industrial applications for their improved thermal stability and resistance to overheating. Besides, leading EV manufacturers in China and Europe are switching to the LFP technology for their cars in order to keep their prices down and reduce their dependence on expensive raw materials in batteries. Growing demand for renewable energy storage solutions continued to spur development for LFP batteries as such systems enable for deep discharges and retention of higher energy levels.

Battery Manufacturing Equipment Market Segments based on Process Stage

• Electrode Manufacturing
• Cell Assembly
• Others

In terms of the process stage, electrode manufacturing segment is anticipated to dominate the battery manufacturing equipment market owing to the growing demand for higher-performance battery cells in the automotive, consumer electronics, industrial applications, and renewable energy sectors. Electrode manufacturing can be described as a critical step during the entire process of battery production involving mixing, coating, drying, calendaring, slitting, and stacking of electrodes that determine the overall effectiveness, performance, and longevity of batteries. Given the rise in the adoption of electric vehicles (EVs) and battery energy storage systems (BESS), the manufacturers have started investing in advanced electrode production technologies to increase energy density and battery efficiency while reducing production costs. The transition into NMC and LFP high-capacity battery chemistries has also added to the acute demand for precision coating and drying equipment in electrodes.

Battery Manufacturing Equipment Market Segments based on Application

• Automotive
• Consumer Electronics
• Industrial
• Renewable Energy Storage
• Others

The automotive application segment led the battery manufacturing equipment market in 2024, primarily due to the increasing popularity of EVs and hybrid electric vehicles (HEVs) around the globe. As governments across the globe enforce stricter emission regulations and provide incentives for EV adoption, automakers are significantly increasing battery production, which in turn boosts the demand for advanced battery manufacturing equipment. Major automotive firms and battery producers are investing in gigafactories and expanding their production capabilities to keep up with this rising demand, further driving manufacturing equipment market growth. With the ongoing shift towards sustainable transportation and the rapid development of EV infrastructure, the automotive application segment is projected to maintain its leading position in the battery manufacturing equipment market throughout the forecast period.

What are the Growth Drivers, Restraints, and Opportunities in Battery Manufacturing Equipment Market?

Increasing Battery Production Capacity and Declining Battery Prices Fuel Battery Manufacturing Equipment Market

The increasing demand for electric vehicles and Energy Storage Solutions is driving growth in battery manufacturing capacity, which is driving the demand for battery manufacturing equipment. Battery makers are expanding their output capacity and introducing automation to make processes more efficient and accurate. Simultaneously, falling battery prices due to advancements in materials and process improvements are making lithium-ion technology more competitive. To maintain their edge, companies are investing in AI-enhanced quality control, robotic assembly, and automated electrode processing. As the demand for batteries continues to rise, the requirement for high-performance, cost-effective battery manufacturing equipment is expected to rise.

Supply Chain Constraints and Raw Material Shortages Challenge the Battery Manufacturing Equipment Market

The battery manufacturing industry relies on essential raw materials such as lithium, cobalt, and nickel which face vulnerabilities from supply chain disruptions alongside geopolitical uncertainties. The uneven regional distribution of these resources together with price volatility and trade barriers creates major obstacles for production expansion and equipment deployment. The acquisition of specialized battery manufacturing equipment usually requires extended lead times which can cause delays in both facility expansions and project schedules. The combination of geopolitical tensions trade disputes and resource protectionism intensifies these risks which affect the availability and cost of essential materials and machinery.

Solid-State Batteries Drive New Opportunities for Battery Manufacturing Equipment Market

The rise of solid-state batteries presents opportunities for suppliers of battery manufacturing equipment. These cutting-edge batteries provide higher energy density, quicker charging times, enhanced safety, and a longer lifespan compared to traditional lithium-ion batteries. However, the manufacturing of solid-state batteries demands specialized processes and advanced machinery, which creates a substantial opportunity for equipment suppliers. As sectors such as electric vehicles and consumer electronics increasingly embrace SSBs, the demand for advanced manufacturing solutions, including precision coating, stacking, and sintering technologies, is expected to grow. Leading EV manufacturers are anticipated to adopt SSB technology between 2027 and 2030. Companies that invest in innovative production technologies designed for SSBs will secure a competitive advantage in this fast-changing market. 

Battery Manufacturing Equipment Market Report Scope & Snapshot

What are Regional & Country Trends in Global Battery Manufacturing Equipment Market?

Battery Manufacturing Equipment Market - Regional Insights

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

In 2024, Asia Pacific was the leading as well as the fastest-growing region in the global battery manufacturing equipment market, primarily due to the strong presence of major battery producers in China, Japan, and South Korea. The region benefits from government policies that favor electric vehicles (EVs) and renewable energy storage, resulting in significant investments in battery gigafactories. Additionally, countries such as India and various Southeast Asian nations are quickly boosting their battery production capabilities to address the rising demand for EVs and energy storage systems. China is expected to continue leading the way in lithium-ion battery production until 2030, making up nearly 70% of the world's manufacturing capacity. The country's battery sector has progressed beyond just large-scale production, achieving full vertical integration throughout the supply chain.

The U.S. is anticipated to become the second-leading manufacturer of lithium-ion batteries by 2030. Companies such as Tesla, LG Energy Solution (LGES) and SK On, are poised to lead this expansion.

How is the Competition Dynamics in Battery Manufacturing Equipment Market?

The battery manufacturing equipment industry is competitive and relatively fragmented. Leading companies are prioritizing investments in state-of-the-art production facilities and adopting advanced technologies to enhance operational efficiency. Furthermore, the shift towards solid-state batteries and high-energy-density lithium-ion cells is speeding up innovation throughout the supply chain, prompting companies to ramp up their research and development (R&D) efforts to remain ahead in the competition.

Some of the key companies operating in Battery Manufacturing Equipment Market include (but not limited to):

• Buhler
• CKD 
• DAIICHI JITSUGYO
• Durr Group
• Foshan Golden Milky Way Intelligent Equipment (GMK)
• HIRANO TECSEED
• Hitachi
• Jiangsu KATOP Automation
• Lead Intelligent Equipment
• Lyric
• Manz
• Nordson 
• ROSENDAHL NEXTROM
• Schuler Group
• Sovema 
• Targray 
• TBS Engineering
• Wirtz 
• Yinghe Technology
• Others

Battery Manufacturing Equipment Industry Developments

• In January 2025, Dürr received contract from FIB to provide advanced coating systems and associated equipment for lithium-ion battery production facility in Italy. The installation is set to begin in Fall 2025 with full-scale production anticipated to start in 2026.

• In April 2024, Lead Intelligent Equipment company expanded its alliance with TÜV Rheinland to enhance international market expansion and bolster its global presence. Building on their collaboration since 2022, this partnership will concentrate on regulatory compliance, R&D advancements, supply chain optimization, and global strategy implementation. 

• In March 2024, RCRS Innovations Ltd, the parent company of EXEGI, a lithium-ion battery pack manufacturer, committed to a $6 million investment to boost production capacity beyond 300 MWh. This expansion will facilitate the launch of new product lines to meet the increasing demand for clean energy storage solutions.

• In March 2024, Lead Intelligent Equipment company launched a novel cutting-edge high-speed stacking and cutting machine for lithium-ion battery production. 

• In November 2023, Dürr Group enhanced its capabilities in battery manufacturing by acquiring Ingesal, a specialist in calendering systems used for pressing electrode materials onto metal foils.

• In November 2023, Lead Intelligent Equipment company revealed a cutting-edge solid-state battery production line, incorporating advanced dry electrode technology, precision film formation systems, and ultra-thin coating equipment.