Global Battery Manufacturing Equipment Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Machine Type Coverage, By Battery Type Coverage, By Application Coverage, By Geographic Coverage and By Company)
Published Date: Oct 2023 |
Format:
| No. of Pages: 320
Industry: Energy & Natural Resources | Author Name: Harshad
The global battery manufacturing equipment market presently displays the size of around US$7.6 Bn and is expected to demonstrate a solid CAGR of 23% between 2023 and 2030. By the end of forecast year, the market valuation will possibly reach US$35 Bn.
The primary factor projected to drive the battery manufacturing equipment market expansion is the growing number of lithium-ion gigafactories, rising demand for electric vehicles (EVs), and the thriving boom around the renewable energy sector.
The mixing machines category held a significant share of the market in 2022, by machine type. On the other hand, by the type of battery, the nickel manganese cobalt (NMC) segment constituted a major share in the global battery manufacturing equipment market. By region, Asia Pacific currently leads the pack.
The battery manufacturing equipment market is highly responsive to technological advancements in battery technologies. With continuous innovations in battery chemistries, energy densities, and performance capabilities, manufacturers of battery manufacturing equipment are compelled to adapt and enhance their offerings. The market has grown agile enough to integrate cutting-edge technologies and keep up with the evolution of energy storage solutions.
Dürr AG, Hitachi High-Tech Corporation, Schuler Group, Nordson Corporation, Shenzhen Yinghe Technology Co. Ltd., and Manz AG are some of the industry leaders.
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