United States Battery Manufacturing Equipment Market Size and Share - Outlook Report, Forecast Trends and Growth Analysis (2025-2034)

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.

United States Battery Manufacturing Equipment Market Outlook

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.

Far West Holds a Major United States Battery Manufacturing Equipment Market Share, Driven by Presence of Many Battery Makers in the Region

• The Far West region is projected to lead with the highest CAGR of 25.8%. This significant growth is driven by the region's strong focus on clean energy initiatives, the presence of major battery manufacturers, and substantial investments in electric vehicle (EV) production.
• The Rocky Mountain region follows with a CAGR of 24.0%, supported by increasing demand for renewable energy storage solutions and the expansion of EV infrastructure.
• The Southwest, with a CAGR of 22.9%, also shows robust growth, fueled by the region's commitment to energy innovation and the establishment of new manufacturing facilities.
• The Southeast, with a CAGR of 22.0%, benefits from a growing automotive industry and increasing investments in battery production.
• New England and the Mideast regions exhibit strong battery manufacturing equipment demand in United States with CAGRs of 20.6% and 19.1%, respectively, reflecting steady advancements in battery technology and manufacturing capabilities.
• The Plains and Great Lakes regions show slower but significant growth with CAGRs of 17.8% and 16.7%, respectively, driven by industrial expansion and increasing adoption of battery storage solutions across various sectors.

Advancements in Battery Equipment Manufacturing is Propelling United States Battery Manufacturing Equipment Market Growth

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.

Surge in EV Production is One of the Major United States Battery Manufacturing Equipment Market Trends

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.

Key Questions Answered in the Report:

• How has the United States battery manufacturing equipment market performed historically, and what are the growth expectations for the future?
• What are the primary factors influencing demand and growth in the United States battery manufacturing equipment market?
• What are the key segments within the United States battery manufacturing equipment market, and how are they expected to evolve over the forecast period?
• What are the major challenges and opportunities facing stakeholders in the United States battery manufacturing equipment market?
• Who are the key players in the United States battery manufacturing equipment market, and what strategies are they employing to maintain a competitive edge?
• What are the regulatory and policy factors influencing the United States battery manufacturing equipment market globally or regionally?
• How competitive is the United States battery manufacturing equipment market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
• What are the current trends shaping the United States battery manufacturing equipment market landscape, and how are they expected to evolve in the future?
• How are technological advancements impacting the United States battery manufacturing equipment market, and what role do innovation and R&D play in driving growth?
• What are the consumer preferences and buying behavior trends influencing the United States battery manufacturing equipment market?
• How sustainable are current growth rates in the United States battery manufacturing equipment market, and what factors could potentially disrupt these trends?
• What are the regional dynamics within the United States battery manufacturing equipment market, and how do they contribute to overall market growth?
• What are the economic factors influencing the United States battery manufacturing equipment market, such as GDP growth, inflation rates, and currency fluctuations?
• How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States battery manufacturing equipment market?
• What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States battery manufacturing equipment market?
• What are the regulatory and legal frameworks impacting the United States battery manufacturing equipment market globally or in key regions?
• How are changing consumer lifestyles and preferences influencing product or service demand within the United States battery manufacturing equipment market?
• What are the emerging market trends and niche opportunities within the United States battery manufacturing equipment market that stakeholders should be aware of?
• How resilient is the United States battery manufacturing equipment market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
• What are the potential barriers to market entry and growth for new players in the United States battery manufacturing equipment market?

Key Benefits for Stakeholders:

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.