The US Electric Vehicle Battery Manufacturing Market report segments the industry into Battery (Lithium-ion, Lead-Acid, Nickel Metal Hydride Battery, Others), Battery Form (Prismatic, Pouch, Cylindrical), Vehicle (Passenger Cars, Commercial Vehicles, Others), and Propulsion (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle). Includes historical data and five-year forecasts.

Over the past five years, the US battery manufacturing industry has experienced rapid change as the transition to electric vehicles and the growth of grid-scale energy storage have fueled unprecedented investment in domestic capacity. Federal legislation such as the Infrastructure Investment and Jobs Act and the Inflation Reduction Act injected substantial funding into battery plant construction, mineral sourcing and charging infrastructure, driving a surge in both traditional and advanced battery manufacturing. Domestic production expanded quickly, with legacy automakers and newcomers alike pouring capital into new facilities and vertically integrating supply chains to reduce dependence on foreign suppliers. As a result, industry revenue has been expanding at a CAGR of 38.1%, reaching $51.9 billion in the current year, although growth has slowed recently, with revenue rising by only 0.8% this year. Defining trends have been the volatility of input costs and the industry’s margin management strategies in response to both supply chain risks and evolving policy regimes. Industry profit has fluctuated as US manufacturers grappled with surging raw material prices, especially lithium and graphite, brought on by both global supply challenges and tariff-related cost pressures. Larger companies have streamlined operations, diversified product lines and invested in advanced manufacturing, allowing them to rebound from margin compression and maintain a competitive edge. As the government phases out key tax credits and production incentives by the end of the decade, manufacturers are expected to focus even more on cost control and supply chain flexibility. Profitability has improved in recent years and, despite short-term headwinds, is forecast to stabilize at higher levels compared with the start of the period. Looking ahead, the US battery manufacturing industry is set for steady, albeit slower, growth from 2025 to 2030, as forecast expansion in EV, grid storage and export markets compensates for plateauing domestic demand. Increased localization of supply chains and the growth of battery recycling are expected to bolster industry resilience, while continued investment from both legacy manufacturers and new entrants fuels innovation in advanced chemistries. Nevertheless, the withdrawal of tax incentives and persistent policy uncertainty may restrain headline growth. Over the next five years, revenue is forecast to rise at a 1.5% CAGR, reaching $55.9 billion in 2030.

The rapid rise of electric vehicles (EVs) has bolstered demand for lithium batteries as consumer preferences steadily shift from gasoline-powered vehicles. Battery producers have benefited greatly from the Bipartisan Infrastructure Law as the act allocates significant funds toward clean energy infrastructure and EV charging stations across the country, which rely heavily on lithium batteries. The growing prevalence of EVs supported manufacturers, contributing to a recovery from the COVID-19 pandemic, but it took until 2024 to reach 2019 revenue levels. Producers have contended with volatile lithium prices, though they've been able to pass those costs on to downstream manufacturers and protect profit. These trends have caused revenue to expand at a CAGR of 3.5% to $2.1 billion through the end of 2025, including a 0.6% gain that year alone, as manufacturers power through high interest rates and weak consumer confidence. This CAGR is inflated somewhat, as revenue crashed in 2020 due to the COVID-19 pandemic, creating an artificially low starting point. Manufacturers also face extensive globalization, with imports accounting for most of the domestic demand and exports generating the majority of revenue. High-quality batteries made in the United States are desirable worldwide, especially in Mexico and Canada, where transportation is easy and trade agreements limit barriers. More auto companies, including Toyota, have signed agreements with lithium battery manufacturers to ramp up EV production, creating a steady and predictable source of income moving forward and boosting profit. Start-up companies have struggled to gain long-term contracts, leading to major profit discrepancies. Lithium battery manufacturers will recover over the coming years as more downstream manufacturers use lithium batteries in consumer products and electric vehicles replace combustion engines. Even so, Asian lithium battery producers will remain leaders since they produce higher volumes at lower costs. Domestic manufacturers will still find room to succeed, especially as EV production and clean energy infrastructure in the United States ramp up, requiring easy access to a high volume of batteries. Altogether, revenue will climb at an expected CAGR of 2.9% to $2.4 billion through 2030.

The size of the United States Battery Manufacturing Equipment Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 22.00">> 22.00% during the forecast period. Recent developments include: In December 2022, General Motors and LG Energy Solution will spend an additional USD 275 million in their joint venture battery plant in Tennessee to increase production by more than 40%. The joint venture, Ultium Cells LLC, announced that the new investment is in addition to the USD 2.3 billion announced in April 2021 to build the 2.8 million-square-foot facility. Production at the plant is expected to begin in late 2023., In November 2022, Hyundai Motor Group and SK On, the lithium-ion battery subsidiary branch of SK Innovation, signed a memorandum of understanding (MOU) for a new EV battery manufacturing facility. The companies aim to begin operations in 2025 and said it is expected to create more than 3,500 new jobs through approximately USD 4-5 billion of investment in Georgia's Bartow County.. Key drivers for this market are: 4., Increasing Investments in Offshore Wind Power Projects4.; Supportive Government Policies. Potential restraints include: 4., Increasing Adopting of Alternative Clean Energy Sources (Ex: Solar, Hydro). Notable trends are: Automotive Segment to Dominate the Market.

The United States Battery Manufacturing Equipment Market is segmented by Machine Type (Coating & Dryer, Calendaring, Slitting, Mixing, Electrode Stacking, Assembly & Handling Machine, Formation & Testing Machine), End-User (Automotive, Industrial, and Other End Users). The report offers the market size and forecasts for the battery manufacturing equipment market in revenue (USD Billion) for all the above segments.

The North America Industrial Battery Manufacturing Industry size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 8.47">> 8.47 % during the forecasts periods. Recent developments include: June 2022: Sunlight Group received around EUR 275 million in funding to increase its lead-acid and lithium-ion battery production and R&D. The company aims to cater to the increased global demand for green energy storage solutions. Thus, the company is expected to upgrade and expands its current production and assembly lines. The company is likely to invest in facilities in Greece, Italy, and the United States to increase the output of lithium-ion and lead-acid batteries and energy storage systems., May 2022: The largest zero-emission and environmentally friendly battery recycling park in North America will be built and run by ACE Green Recycling in Texas, USA. When fully operational, the park is anticipated to recycle both lead-acid and lithium-ion batteries. Up to 100,000 metric tons of spent lead-acid batteries and 20,000 metric tons of used lithium-ion batteries are expected to be processed and recycled annually by the park by 2025.. Key drivers for this market are: 4., Declining Lithium-ion Battery Prices4.; Rising Renewable Energy Integration Worldwide. Potential restraints include: 4., Uncertainty in Raw Material Prices. Notable trends are: Lithium-ion Battery (LIB) Technology to be the Fastest Growing Market.

US Battery Manufacturing Equipment Market size was valued at USD 3.9 Billion in 2024 and is projected to reach USD 19.3 Billion by 2032, growing at a CAGR of 22.1% from 2026 to 2032.

The growing manufacturing of electric vehicles (EVs) drive the US battery manufacturing equipment market. With EV sales in the United States increasing by 45% in 2023 to 1.2 million units, and forecasts predicting that EVs will account for 45% of all new car sales by 2030, demand for battery production equipment is expected to skyrocket. As more manufacturers increase production of electric vehicles, the demand for efficient, high-capacity battery production systems grows significantly. This rise in demand is stimulating investment in new manufacturing facilities and innovative equipment to fulfill rising battery demands, resulting in additional expansion in the battery manufacturing equipment market. Government support and incentives fuel the US battery manufacturing equipment market. The Inflation Reduction Act provides considerable tax credits of up to $45/kWh for battery cell production and $10/kWh for battery modules, greatly reducing the financial burden on manufacturers. The Department of Energy's $369 billion budget for sustainable energy initiatives, which includes investments in battery manufacturing facilities, provides additional financial support. These policies are promoting the increase of local battery production capacity, encouraging investments in new technologies and equipment, and, eventually, speeding up the market's growth.

U.S. battery market projected to reach USD 2.94 billion by 2030, driven by EV growth, tech advancements, and NDB adoption.

The US battery manufacturing equipment market is booming, with a CAGR exceeding 22%! Discover key trends, leading companies, and market projections to 2033 in this comprehensive analysis. Learn about growth drivers, market segmentation (EV, industrial), and challenges facing manufacturers. Recent developments include: In December 2022, General Motors and LG Energy Solution will spend an additional USD 275 million in their joint venture battery plant in Tennessee to increase production by more than 40%. The joint venture, Ultium Cells LLC, announced that the new investment is in addition to the USD 2.3 billion announced in April 2021 to build the 2.8 million-square-foot facility. Production at the plant is expected to begin in late 2023., In November 2022, Hyundai Motor Group and SK On, the lithium-ion battery subsidiary branch of SK Innovation, signed a memorandum of understanding (MOU) for a new EV battery manufacturing facility. The companies aim to begin operations in 2025 and said it is expected to create more than 3,500 new jobs through approximately USD 4-5 billion of investment in Georgia's Bartow County.. Notable trends are: Automotive Segment to Dominate the Market.

The market for batteries is projected to grow more than ****-fold between 2021 and 2030. While the market was sized at nearly *** billion U.S. dollars in 2021, it is expected to reach the size of almost *** billion U.S. dollars in 2030. The dominant segment of the market will continue to be the lithium-ion battery segment.

The size of the US Household Battery Industry market was valued at USD 16900 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00">> 5.00% during the forecast period. Recent developments include: December 2022: The US Department of Energy (DOE) announced the conclusion of a USD 2.5 billion loan to Ultium Cells LLC to assist in financing the building of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan through its Loan Programs Office (LPO). The three facilities will be managed by Ultium Cells, a joint venture between General Motors and LG Energy Solution., August 2022: President Biden signed the Inflation Reduction Act, the greatest climate and energy package in US history, into law. Over USD 60 billion for American manufacturing across the clean energy supply chain is included in the IRA, including USD 30 billion in production tax credits to stimulate domestic manufacturing of solar panels, wind turbines, batteries, and essential minerals processing.. Key drivers for this market are: 4., Increasing Investments in Water Treatment by Developing Countries4.; Growing Demand for the Various End-Use Sectors. Potential restraints include: 4., Availability of Cheap and Alternative Pumps. Notable trends are: Lithium-Ion Battery to Dominate the Market.

Market Size statistics on the Lithium Battery Manufacturing industry in the US

The North America Battery Market report segments the industry into Type (Primary, Secondary), Technology (Lead-Acid, Lithium-Ion, Other Technologies), Application (Automotive, Industrial Batteries (Motive, Stationary (Telecom, UPS, Energy Storage Systems (ESS), etc.)), Consumer Electronics, Other Applications), and Geography (United States, Canada, Rest of North America). Get five years of historical data and five-year forecasts.

The United States battery manufacturing equipment market was valued at USD 3.71 Billion in 2024. The industry is expected to grow at a CAGR of 22.10% during the forecast period of 2025-2034 to attain a valuation of USD 27.32 Billion by 2034.

The size of the North America Battery Market market was valued at USD 12.40 Million in 2023 and is projected to reach USD 36.44 Million by 2032, with an expected CAGR of 16.65% during the forecast period. Recent developments include: August 2022: Honda Motor Company announced the development of a lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd for a USD 4.4 billion investment. As part of the partnership, the companies aim to produce approximately 40 GWh of batteries annually for use exclusively in North America's Honda and Acura electric vehicles., May 2022: Stellantis N.V. and Samsung SDI announced the construction of an electric-vehicle lithium-ion battery manufacturing facility in Kokomo, Indiana, United States. It is anticipated that the plant will be operational in 2025, with an initial capacity of 23 GWh, with an aim to increase to 33 GWh in the next few years. The joint venture company is going to invest over USD 2.5 billion in the manufacturing plant.. Key drivers for this market are: 4., Declining Lithium-ion Battery Prices4.; Increasing Adoption of Electric Vehicles and Renewable Energy projects. Potential restraints include: 4., Declining Lithium-ion Battery Prices4.; Increasing Adoption of Electric Vehicles and Renewable Energy projects. Notable trends are: Automotive Application to Witness Significant Growth.

Technological advancements in the U.S. Electric Vehicle Battery Manufacturing Equipment industry are shaping the future market landscape. The report evaluates innovation-driven growth and how emerging technologies are transforming industry practices, offering a comprehensive outlook on future opportunities and market potential.

The United States electric vehicle (EV) battery materials market is experiencing robust growth, projected to reach a substantial size driven by the increasing adoption of electric vehicles. The market's Compound Annual Growth Rate (CAGR) of 13.15% from 2019 to 2024 indicates a significant upward trajectory. This growth is fueled by several key factors, including stringent government regulations promoting EV adoption, growing consumer preference for eco-friendly transportation, and continuous advancements in battery technology leading to increased energy density and longer lifespan. The market is segmented by battery type (lithium-ion, lead-acid, others) and material (cathode, anode, electrolyte, separator, others), reflecting the diverse components driving innovation and market expansion. Major players like Targray Technology International Inc., BASF SE, and Mitsubishi Chemical Group Corporation are actively involved in supplying these crucial materials, shaping the competitive landscape. The significant investment in research and development within the sector points towards further innovation and market expansion in the coming years. The lithium-ion battery segment dominates the market due to its superior performance characteristics, but other battery technologies are also gaining traction as research progresses. The forecast period (2025-2033) anticipates continued expansion, with a likely acceleration in growth due to maturing EV infrastructure and increasing consumer demand. The United States, with its large automotive market and supportive government policies, is poised to be a key contributor to this global growth. The market faces some restraints, potentially including supply chain vulnerabilities related to sourcing raw materials and potential fluctuations in raw material prices. However, ongoing efforts to diversify supply chains and explore alternative materials are mitigating these risks. The focus on sustainable and ethically sourced materials is also emerging as a key trend, driving the adoption of responsible manufacturing practices and shaping the future of the EV battery materials industry. This report provides a detailed analysis of the rapidly expanding United States electric vehicle (EV) battery materials market, offering invaluable insights for stakeholders across the value chain. With a study period spanning 2019-2033, a base year of 2025, and a forecast period from 2025-2033, this report leverages historical data (2019-2024) to deliver precise market estimations in millions of units. The report delves into market dynamics, competitive landscapes, and future growth projections, focusing on key segments and emerging trends within the US EV battery materials sector. Recent developments include: July 2024: Amplify Cell Technologies, a collaboration between Accelera, Daimler Trucks & Buses US Holding LLC, and PACCAR commenced construction at its cutting-edge battery cell manufacturing plant in Marshall County, Mississippi. Spanning 500 acres, the site will host a two million-square-foot, eco-friendly facility capable of producing 21 gigawatt hours (GWh) of lithium-iron-phosphate (LFP) battery cells and associated battery materials annually. Amplify is set to kick off its battery cell production in 2027.September 2023: Lawrence Berkeley National Laboratory (Berkeley Lab) was spearheading a group of top battery scientists to fast-track the market entry of a novel battery cathode material known as DRX, short for "disordered rock salt." These DRX cathodes boast the potential to offer batteries greater energy density compared to the prevalent nickel and cobalt-based cathodes in lithium-ion batteries, both of which face severe supply shortages.. Key drivers for this market are: 4., Growing Electric Vehicle Infrastructure4.; Supportive Government Policies and Regulations. Potential restraints include: 4., Growing Electric Vehicle Infrastructure4.; Supportive Government Policies and Regulations. Notable trends are: Lithium-ion Battery to Dominate the Market.

The global Lithium Battery Parts market is poised for substantial expansion, projected to reach approximately $8,500 million by 2025, with a robust Compound Annual Growth Rate (CAGR) of around 15% anticipated through 2033. This significant growth is primarily fueled by the escalating demand for electric vehicles (EVs) across key automotive markets like China, the United States, and Europe. The increasing adoption of renewable energy sources for grid-scale storage solutions and the burgeoning consumer electronics sector, with its continuous need for high-performance batteries in smartphones, laptops, and wearable devices, are also major contributors. Technological advancements leading to improved battery efficiency, longer lifespans, and faster charging capabilities are further stimulating market penetration. The automotive segment is expected to dominate, driven by stringent government regulations promoting EV adoption and substantial investments in battery manufacturing infrastructure. However, the market faces certain restraints, including the volatile prices of raw materials like lithium and cobalt, which can impact production costs and profitability. Supply chain disruptions, particularly in the geopolitical landscape, can also pose challenges to consistent production and delivery. Despite these hurdles, the market is witnessing a surge in innovation, with companies focusing on developing advanced materials for positive and negative plates, as well as more efficient partition and lead nail technologies to enhance battery performance and safety. The Asia Pacific region, led by China, is anticipated to maintain its stronghold as the largest market due to its extensive manufacturing capabilities and strong domestic demand for EVs and electronics. Emerging markets in North America and Europe are also exhibiting considerable growth potential, driven by supportive government policies and increasing consumer awareness regarding sustainable energy solutions.

The North America Lithium-ion Battery Market size was valued at USD 16.53 Million in 2023 and is projected to reach USD 80.38 Million by 2032, exhibiting a CAGR of 25.35 % during the forecasts periods. Recent developments include: February 2023: Ascend Elements, a United States-based battery recycling and engineered materials company announced a basic agreement with Honda Motor Co. Ltd to collaborate on stable procurement of recycled lithium-ion battery materials for Honda electric vehicles in North America, which is expected to reduce the carbon footprint of electric vehicles., January 2023: United States battery manufacturer Yoshino Technology announced the development of solid-state lithium-ion batteries with outputs ranging from 330 W to 4,000 W designed for home backup, off-grid applications, and powering small industrial machinery. The system can be used in combination with solar panels. The 4,000 W power station has a peak power of 6000 W and 2,611 Wh capacity. A 600 W solar panel can fully recharge in 5.5 hours.. Key drivers for this market are: 4., Declining Lithium-Ion Battery Prices4.; Increasing Adoption Of Electric Vehicles. Potential restraints include: 4., Safety Concerns Related To Lithium-Ion Battery. Notable trends are: Automotive Batteries Expected to be the Fastest-growing Segment.

US EV Battery Pack Market Size was valued at USD 12.2 Billion in 2024 and is projected to reach USD 29.95 Billion by 2032, growing at a CAGR of 13% from 2026 to 2032.Key Market Drivers:• Government Incentive and Regulatory Support: The Inflation Reduction Act offers tax credits of up to $7,500 for electric vehicles with battery components manufactured or assembled in North America. According to the US Department of Energy, this legislation sets aside $2.8 billion for domestic battery manufacturing and supply chain development. .• Growing Charging Infrastructure: The Federal Highway Administration of the United States Department of Transportation has set aside $5 billion for the National Electric Vehicle Infrastructure (NEVI) Formula Program to build a nationwide network of 500,000 EV chargers by 2030. As of March 2025, the Department of Energy's Alternative Fuels Data Center reports that public charging infrastructure has grown by 43% since 2023, with over 178,000 public charging ports now available nationwide, significantly reducing range anxiety as a barrier to EV adoption.