Battery Manufacturing Equipment Market Size, Share, Growth, Trends, and Global Industry Analysis: By Equipment Type (Electrode Manufacturing Equipment, Cell Assembly Equipment, Formation & Testing Equipment, Module & Pack Assembly Equipment, Others), By Battery Type (Lithium-Ion Batteries, Lead-Acid Batteries, Nickel-Based Batteries, Solid-State Batteries, Others), By Level of Automation (Manual, Semi-Automated, Fully Automated), By End User (Electric Vehicles, Consumer Electronics, Energy Storage Systems, Industrial Applications, Others) and Region Forecast 2020-2031

Battery Manufacturing Equipment Market size was valued at US$ 14,945.3 million in 2024 and is projected to reach US$ 71,264.7 million by 2031 at a CAGR of 25% from 2025-2031. Moreover, the U.S. Battery Manufacturing Equipment Market is projected to grow at 27% by 2031.

The market refers to the industry encompassing machinery, tools, and automated systems used in the production of batteries, including electrode manufacturing, cell assembly, formation, testing, and packaging equipment. This market supports the manufacturing of various battery types such as lithium-ion, solid-state, lead-acid, and emerging advanced batteries used across electric vehicles, consumer electronics, energy storage systems, and industrial applications.

The market is experiencing strong growth, driven by the rapid expansion of electric vehicle, renewable energy storage, and consumer electronics, which is accelerating global battery production capacity. Increasing investments in gigafactories, technological advancements in automation and precision manufacturing, and the shift toward next-generation batteries are further strengthening demand for advanced and efficient battery manufacturing equipment, particularly in Asia-Pacific, Europe, and North America.

Key Developments

• In December 2025, Vikram Solar received board approval for a capital expenditure of approximately ?4,371 crore to initiate the first phase of its Battery Energy Storage System (BESS) roadmap. The investment will be executed through its subsidiary, VSL Powerhive Private Limited, representing a strategic move to expand the company’s presence in the energy storage sector.
• In December 2025, Godawari Power & Ispat Limited, through its subsidiary Godawari New Energy, announced plans to expand the capacity of its battery energy storage system (BESS) manufacturing facility from 10 GWh to 40 GWh. The expansion will be implemented in two phases with a total investment of ?16.25 billion. Under the first phase, the company intends to establish 20 GWh of capacity with an investment of ?10.25 billion, with commissioning expected in the financial year 2027.

Battery Manufacturing Equipment Market Segmentation

Based on the equipment type

• Electrode Manufacturing Equipment
• Cell Assembly Equipment
• Formation & Testing Equipment
• Module & Pack Assembly Equipment
• Others

Based on equipment type, electrode manufacturing equipment is anticipated to lead the battery manufacturing equipment market, driven by its critical role in determining battery performance, safety, and cost efficiency. Electrode production directly influences key parameters such as energy density, cycle life, and charging behavior, making it the most value-intensive and quality-sensitive stage in battery manufacturing. As battery producers scale up capacity to meet rising demand from electric vehicles and energy storage systems, there is a strong emphasis on achieving uniform coating, precise calendaring, and minimal material wastage. This has accelerated investments in advanced, automated electrode manufacturing systems with high throughput and tighter process control. Additionally, the shift toward next-generation batteries and high-nickel chemistries further reinforces the dominance of electrode manufacturing equipment within the overall market.

Based on the battery type

• Lithium-Ion Batteries
• Lead-Acid Batteries
• Nickel-Based Batteries
• Solid-State Batteries
• Others

Based on battery type, lithium-ion batteries are anticipated to dominate the battery manufacturing equipment market, driven by their widespread adoption across electric vehicles, consumer electronics, and energy storage systems. Lithium-ion batteries offer a strong balance of high energy density, longer cycle life, and declining production costs, making them the preferred choice for both automotive and stationary applications. As global electrification accelerates, manufacturers are rapidly expanding lithium-ion battery production capacity, which directly increases demand for specialized and high-throughput manufacturing equipment. The continuous evolution of lithium-ion chemistries and cell formats further reinforces the need for advanced, precise, and scalable equipment solutions, positioning lithium-ion batteries as the leading segment within the market.

Based on the level of automation

• Manual
• Semi-Automated
• Fully Automated

Based on the level of automation, fully automated systems are expected to lead the battery manufacturing equipment market due to their ability to support large-scale, high-precision battery production. As battery demand rises rapidly from electric vehicles and energy storage applications, manufacturers are prioritizing automation to achieve higher throughput, consistent quality, and lower defect rates. Fully automated equipment minimizes human intervention, reducing process variability and improving safety in complex manufacturing stages such as electrode coating, cell assembly, and formation. Additionally, automation enables real-time monitoring, data integration, and predictive maintenance, which help optimize yields and reduce operational downtime. These advantages make fully automated systems essential for gigafactory-scale operations, positioning them as the dominant and most anticipated segment in the market.

Based on the end user

• Electric Vehicles
• Consumer Electronics
• Energy Storage Systems
• Industrial Applications
• Others

Based on end user, electric vehicles are anticipated to represent the leading segment in the battery manufacturing equipment market, driven by the rapid global transition toward vehicle electrification. Automotive manufacturers are increasingly shifting from internal combustion engines to electric powertrains, significantly increasing demand for high-capacity and high-performance batteries. This surge directly accelerates investments in advanced battery manufacturing equipment capable of supporting large-scale, standardized, and high-quality production. Electric vehicle batteries also require stringent safety, durability, and performance standards, which further drives the adoption of automated and precision-driven manufacturing systems. Additionally, continuous innovation in EV battery technology, including improved energy density and faster charging, reinforces the dominance of the electric vehicle segment as the primary end user of battery manufacturing equipment.