Battery manufacturing equipment market seen topping $60B by 2030

By AI, Created 2:46 PM UTC, May 22, 2026, /AGP/ – The Business Research Company projects the battery manufacturing equipment market will exceed $60 billion in 2030, driven by EV demand, energy storage buildout and new battery chemistries. Asia Pacific is expected to lead regions, while the U.S. is forecast to be the largest national market.

Why it matters: - The battery manufacturing equipment market is heading toward a much larger role in the industrial machinery stack as automakers, battery makers and grid operators scale production. - The report estimates the market will top $60 billion in 2030, about 7% of the parent industrial machinery market and nearly 1% of the broader machinery industry. - The forecast points to continued capital spending on battery factories, automation and equipment upgrades as electrification accelerates.

What happened: - The Business Research Company released a battery manufacturing equipment market report covering market size, trends and a global forecast for 2026-2035. - The report pegs the market at $60 billion-plus in 2030. - The expected CAGR through 2030 is 25%. - Asia Pacific is projected to be the largest region in 2030, with a market value of $27 billion. - The U.S. is projected to be the largest country in 2030, with a market value of $11 billion. - The report says the lead acid segment will be the largest product type in 2030, with 35% of the market, or $21 billion. - The source includes a free sample request and the full report.

The details: - Asia Pacific is forecast to grow from $8 billion in 2025 to $27 billion in 2030, a 27% CAGR. - The report links that growth to battery giga-factory expansion in China, South Korea and Japan. - Other drivers in the region include EV demand, energy storage systems, major battery suppliers, investment in advanced chemistries and high-volume production tech, and industrial policy support. - The U.S. market is expected to grow from $4 billion in 2025 to $11 billion in 2030, a 24% CAGR. - The report ties U.S. growth to large-scale battery production, EV supply chain localization, lithium-ion equipment demand, automation investment and next-generation battery development. - The battery manufacturing equipment market is segmented by type into lead acid, lithium ion, nickel metal hydride, nickel cadmium and other types. - The market is segmented by process into electrode manufacturing, cell assembly and cell finishing. - The market is segmented by application into automotive batteries, industrial batteries and portable batteries. - Lead acid demand is supported by automotive starter batteries, industrial backup power, established manufacturing in developing regions, cost-effective production, conventional vehicle demand and telecom and UPS use.

Between the lines: - The report shows the market is still anchored by legacy battery chemistry, even as growth narratives center on EVs and advanced storage. - That mix suggests equipment makers need to serve both mature lead acid production lines and newer, more precise lithium-ion and next-gen battery lines. - The biggest growth opportunities are spread across multiple chemistries, which points to broad-based capacity expansion rather than a single-technology bet. - The report says the lead acid market could add $14 billion by 2030, followed by lithium ion at $10 billion, nickel cadmium at $8 billion, nickel metal hydride at $5 billion and other types at $3 billion. - The report also says EV demand could contribute about 2.5% annual growth, ESS expansion about 2.4% and battery chemistry advances about 2.2%.

What’s next: - The report expects demand to keep rising as EV adoption, grid storage buildout and battery chemistry changes push manufacturers to expand or modernize plants. - Equipment suppliers are likely to focus on scalable systems for electrode production, cell assembly, pack integration, automation and quality control. - The company says the most significant growth opportunities through 2030 are in lead acid, lithium ion, nickel metal hydride, nickel cadmium and other types. - The Business Research Company says it has published more than 17,500 reports across 27 industries and 60-plus geographies.

The bottom line: - Battery manufacturing equipment is moving from a niche industrial segment to a major growth market, with Asia Pacific and the U.S. leading the next wave of investment.