Lithium-ion Battery for Material Handling & Ground Support Equipment Market - Global Forecast 2025-2032

The lithium-ion battery market for material handling and ground support equipment is undergoing strategic transformation as operators seek solutions that deliver efficiency, adaptability, and sustainability in demanding industrial settings. The shift toward electrified, data-integrated power systems is reshaping fleet management and asset lifecycle planning across sectors worldwide.

Market Snapshot: Lithium-ion Battery for Material Handling & Ground Support Equipment

The Lithium-ion Battery for Material Handling & Ground Support Equipment Market grew from USD 5.79 billion in 2024 to USD 6.84 billion in 2025. It is expected to continue growing at a CAGR of 19.02%, reaching USD 23.35 billion by 2032.

Scope & Segmentation of the Lithium-ion Battery Market

• Battery Types: Lithium Iron Phosphate (LFP), Lithium Nickel Cobalt Aluminum Oxide (NCA), Lithium Nickel Manganese Cobalt (LMC), Lithium Titanate (LTO)
• Battery Configurations: Cylindrical Cells, Pouch Cells, Prismatic Cells
• Form Factors: Fixed Batteries, Swappable Batteries
• Voltage Ratings: High Voltage (More than 48V), Low Voltage (Less than 24V), Medium Voltage (24V-48V)
• Equipment Types: Aircraft Tugs, Baggage Tractors, Ground Power Units, Passenger Boarding Bridges Support Equipment, Pushback Tractors, Automated Guided Vehicles, Forklifts, Tow Tractors
• Distribution Channels: Offline, Online
• End-User Verticals: Aerospace & Aviation, Cold Storage & Food Processing, E-commerce, Logistics & Warehousing, Manufacturing & Production, Transportation & Shipping
• Regions: North America (United States, Canada, Mexico), Latin America (Brazil, Argentina, Chile, Colombia, Peru), Europe (United Kingdom, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland), Middle East (United Arab Emirates, Saudi Arabia, Qatar, Turkey, Israel), Africa (South Africa, Nigeria, Egypt, Kenya), Asia-Pacific (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan)
• Leading Companies: ALCONIX CORPORATION, Blue Line Battery, Inc., BSL New Energy Technology Co., Ltd., BYD Company Limited, Contemporary Amperex Technology Hungary Kft., East Penn Manufacturing Co., EnerSys, Exide Technologies, Flux Power, Inc., Green Cubes Technology, GS Yuasa International Ltd., Hitachi High-Tech Corporation, Hoppecke Batterien GmbH & Co. KG, Leoch International Technology Limited Inc., LG Energy Solution, Ltd., Microvast Holdings, Inc., Navitas Systems, LLC, Panasonic Corporation, Saft Groupe SAS, Samsung SDI Co., Ltd., Siemens AG, Toshiba Corporation, Triathlon Battery Solutions, Inc., Vision Group

Key Takeaways for Senior Decision-Makers

• Adoption of lithium-ion battery technology is shifting from niche to critical for operational agility and environmental compliance in logistics and aviation.
• Advanced chemistries, such as LFP and LMC, offer tailored safety, density, and lifecycle benefits to match diverse equipment needs and duty cycles.
• Swappable battery systems and optimized cell designs are enabling uninterrupted operations while lowering maintenance and resource costs across facilities.
• Regional policy incentives and supply chain localizations are driving collaboration between OEMs and battery manufacturers, yielding resilient value chains.
• Digitalization through intelligent battery management and fleet platforms is elevating predictive maintenance, minimizing downtime, and reducing total cost of ownership.
• Strategic alliances, mergers, and co-development initiatives are accelerating innovation, unlocking modular, application-specific solutions for fleets of any scale.

Impact of United States Tariff Adjustments

Tariff adjustments set for 2025 have introduced new strategic challenges, raising procurement costs and spurring investment in localized production. Companies are responding with domestic partnerships and by embracing higher-efficiency cell formats to offset pressures and ensure supply continuity.

Methodology & Data Sources

Findings in this report are grounded in direct interviews with industry executives, technical specialists, and procurement leaders, supplemented by rigorous analysis of whitepapers, patents, regulatory filings, and public disclosures. Advanced statistical and scenario analysis validated insights for actionable reliability.

Why This Report Matters

• Enables informed technology selection and investment strategies across equipment segments and international markets.
• Provides actionable guidance for navigating regulation, tariffs, and evolving supply chain models—supporting competitive resilience and operational excellence.
• Offers granular visibility into market segmentation, advancing strategic planning for end-users and manufacturers seeking maximum ROI from lithium-ion solutions.

Conclusion

Lithium-ion batteries are integral to achieving efficiency and sustainability in material handling and ground support. With robust segmentation, clear regional insights, and actionable strategies, this research empowers stakeholders to lead in a complex, rapidly advancing market.