U.S. Battery Contract Manufacturing Market Size & Outlook
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U.S. battery contract manufacturing market highlights
- The U.S. battery contract manufacturing market generated a revenue of USD 1,589.7 million in 2023 and is expected to reach USD 4,867.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 17.3% 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 2023 | USD 1,589.7 million |
| Market revenue in 2030 | USD 4,867.5 million |
| Growth rate | 17.3% (CAGR from 2023 to 2030) |
| Largest segment | Lithium-ion |
| Fastest growing segment | Lithium polymer |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lithium-ion, Lithium polymer, Lithium iron phosphate, Alkaline, Nickel Metal Hydride, Nickel Cadmium |
| Key market players worldwide | Tetra 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, U.S. accounted for 30.9% 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 North America, U.S. battery contract manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 309.2 million by 2030.
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Battery Contract Manufacturing Market Scope
Battery Contract Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Coulometrics | View profile | 1-10 | Chattanooga, Tennessee, United States, North America | http://coulometrics.com |
| Tiger Electronics | View profile | 1001-5000 | - | |
| Rose Electronics | View profile | 11-50 | San Jose, California, United States, North America | http://www.rosebatteries.com |
| Valmet Corp | View profile | 19032 | Keilasatama 5, P.O. Box 11, Espoo, Finland, 02150 | https://www.valmet.com |
| Pure Hydrogen Corp Ltd | View profile | 9 | 119 Willoughby Road, Crows Nest, Sydney, NSW, Australia, 2065 | https://www.purehydrogen.com.au |
| Tetra Tech Inc | View profile | 27000 | 3475 East Foothill Boulevard, Pasadena, CA, United States, 91107 | https://www.tetratech.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
U.S. 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 34.25% in 2023. Horizon Databook has segmented the U.S. 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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Our clientele includes a mix of battery contract manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 U.S. battery contract manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into U.S. battery contract manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. battery contract manufacturing market size, by product, 2018-2030 (US$M)
U.S. Battery Contract Manufacturing Market Outlook Share, 2023 & 2030 (US$M)
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