UK Battery Contract Manufacturing Market Size & Outlook

The battery contract manufacturing market in UK is expected to reach a projected revenue of US$ 232.6 million by 2030. A compound annual growth rate of 12.4% is expected of UK battery contract manufacturing market from 2024 to 2030.

Revenue, 2023 (US$M)
$102.9
Forecast, 2030 (US$M)
$232.6
CAGR, 2024 - 2030
12.4%
Report Coverage
UK

UK battery contract manufacturing market, 2018-2030 (US$M)

UK

UK battery contract manufacturing market highlights

  • The UK battery contract manufacturing market generated a revenue of USD 102.9 million in 2023 and is expected to reach USD 232.6 million by 2030.
  • The UK market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
  • In terms of segment, lithium-ion was the largest revenue generating product in 2023.
  • Lithium polymer is the most lucrative product segment registering the fastest growth during the forecast period.


Battery contract manufacturing market data book summary

Market revenue in 2023USD 102.9 million
Market revenue in 2030USD 232.6 million
Growth rate12.4% (CAGR from 2023 to 2030)
Largest segmentLithium-ion
Fastest growing segmentLithium polymer
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLithium-ion, Lithium polymer, Lithium iron phosphate, Alkaline, Nickel Metal Hydride, Nickel Cadmium
Key market players worldwideTetra Tech Inc, Pure Hydrogen Corp Ltd, Johnson Controls International PLC, Valmet Corp, Rose Electronics, Tiger Electronics, Coulometrics


Other key industry trends

  • In terms of revenue, UK accounted for 2.0% of the global battery contract manufacturing market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, UK battery contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 162.3 million by 2030.

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Battery Contract Manufacturing Market Scope

Battery contract manufacturing market segmentation & scope
Lithium-ion
Lithium polymer
Lithium iron phosphate
Alkaline
Nickel Metal Hydride
Nickel Cadmium
Electric vehicles
Consumer electronics
Defense / Military
Telecom Towers
Energy Storage Systems
Mining
Space
Marine and sub-marines
Others

Battery Contract Manufacturing Market Companies

Name Profile # Employees HQ Website

UK battery contract manufacturing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to battery contract manufacturing market will help companies and investors design strategic landscapes.


Lithium-ion was the largest segment with a revenue share of 34.21% in 2023. Horizon Databook has segmented the UK battery contract manufacturing market based on lithium-ion, lithium polymer, lithium iron phosphate, alkaline, nickel metal hydride, nickel cadmium covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of UK battery contract manufacturing market databook

  • Our clientele includes a mix of battery contract manufacturing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK battery contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into UK battery contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UK battery contract manufacturing market size, by product, 2018-2030 (US$M)

UK Battery Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)

UK battery contract manufacturing market size, by product, 2018-2030 (US$M)

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