Dublin, February 1, 2023 /PRNewswire/ — “Battery Manufacturing Equipment Market – Global and Regional Analysis: Focus on Applications, Processes, Battery Types, and Equipment by Region – Analysis and Forecasts, 2022-2031” report added . of ResearchAndMarkets.com Recruitment.
The global battery manufacturing equipment market is projected to reach $88,093.5 million by 2031 $9,439.22 million In 2021, it will grow at a CAGR of 27.12% during the forecast period 2022-2031.
China The presence of a large electric vehicle industry, major industry players across the supply chain, and a rapidly developing economy dominated the global battery manufacturing equipment market in 2021.
Market life cycle stages
The battery manufacturing equipment market is still developing. Rising demand for electric vehicle batteries along with growing consumer awareness of environmental issues has led to the development of the battery manufacturing equipment market. Batteries are emerging as a key component in the evolution towards a more stable future as they play a role in the electrification of mobility and the balancing of power networks.
Some of the factors behind the expansion of the global battery manufacturing equipment market are increasing use of batteries in automobiles, home appliances, healthcare, energy and power, etc. With the increasing demand for batteries in end-use industries, the battery manufacturing equipment market is expected to grow at the same time.
Additionally, the recent focus on the green environment is creating demand, with research scientists around the world working to develop new manufacturing methods or battery chemistries that can use more widely available and ecologically acceptable components. However, these innovations are not yet widely used.
Recent trends in the global battery manufacturing equipment market
of May 2022, by assisting US customers in battery manufacturing, Xiamen Tmax Equipments maintained good customer relationships. The company provided a pouch cell pilot line consisting of his 52 machines from mixing to testing. According to customers’ actual requirements, Xiamen Tmax Equipments provided complete solutions for the production of coin cells, cylinder cells, pouch cells, prism cells and battery packs in lab, pilot and large scale.
of June 2022, Wuxi Lead Intelligent Equipment Co., Ltd. signed a contract with Volkswagen to deliver 20GWh lithium battery manufacturing equipment. The company strengthens its presence in the European market and ushers in a new era of global operations.
Based on application, the automotive segment will dominate the battery manufacturing equipment market in 2021 and was the largest segment due to rising sales of electric vehicles worldwide. is a major driver of growth in the adoption of Officials from various countries are working with automakers to find solutions to the growing problem of ecological sustainability and clean energy balance.
Equipment by process
Based on equipment by process, the electrode manufacturing segment held the majority share in the battery manufacturing equipment market in 2021 as it is the most complex part of the process. This is the first step in the process and the entire battery value chain relies on it. Moreover, the greatest energy consumption occurs at this stage.
Based on battery type, the lithium-ion segment accounted for the majority share of the battery manufacturing equipment market in 2021. Lithium-ion batteries are the preferred power source for low-carbon technologies such as electric vehicles. Because of their high energy content, they can be held in a relatively small area, they have the ability to charge, and they tend to remain functional after hundreds, if not thousands of charging cycles.
These batteries are an integral part of the current move to phase out gasoline vehicles that emit carbon dioxide and other carbon pollution. Additionally, these batteries are ideal for power grid storage due to their similar quality.
China The presence of a large electric vehicle industry, major industry players across the supply chain, and a rapidly developing economy dominate the battery manufacturing equipment market. The region has the majority of the world’s lithium-ion reserves and has the potential to exploit them in various end-use industries such as automotive, consumer electronics and others.
Some prominent names that have established themselves in this market are:
Wuxi Reed Intelligent Equipment Co., Ltd.
Shenzhen YINGHE TECHNOLOGY CO., LTD.
Xiamen Tmax Equipment
Daiichi Jitsugyo Co., Ltd. (DJ)
Sobema Group Spa
Battery Technology Source Co., Ltd. (BTS)
Hitachi High-Tech Co., Ltd.
Hirano Techseed Co., Ltd.
Foshan Golden Milky Way Intelligent Equipment Co., Ltd. (GMK)
Lidco Kurimoto Limited Liability Company
Shanghai Putai Lai New Energy Technology Co., Ltd.
1.1 Industry Outlook
1.1.1 Trends: Current and Future
22.214.171.124 Increasing customer awareness about electric vehicles
126.96.36.199 Increasing Initiatives to Promote Equipment as a Service
188.8.131.52 Increased public awareness of environmental issues
1.1.2 Supply Chain Network/MAP
1.1.3 Ecosystem/Ongoing Programs
184.108.40.206 Consortia and Associations
220.127.116.11 Regulatory bodies
18.104.22.168 Government programs
22.214.171.124 Programs by research institutes and universities
1.1.4 Major Startup Landscape
126.96.36.199 Leading Startups in the Ecosystem
188.8.131.52 Fund analysis
1.1.5 Impact of COVID-19 on Battery Manufacturing Equipment Market
1.1.6 Analysis of key tactics manufacturers can use to compete with incumbent players
1.1.7 Electric Vehicle Market Overview
184.108.40.206 Global Electric Vehicle Market Forecast for the Forecast Period
1.1.8 Snapshot of Lithium Ion Battery Recycling Market
1.2 Business dynamics
1.2.1 Business drivers
220.127.116.11 Growing Demand for Electric Vehicles (EVs)
18.104.22.168 Government initiatives to reduce carbon footprint and e-waste
22.214.171.124 Increasing use of batteries in energy storage and tracking systems
1.2.2 Business challenges
126.96.36.199 Rising Costs and Competitive Pressure for Battery Equipment Manufacturers
188.8.131.52 Logistics and supply chain risks
1.2.3 Business strategy
184.108.40.206 Product development
220.127.116.11 Market trends
1.2.4 Corporate strategy
18.104.22.168 Partnerships, Collaborations and Joint Ventures
1.2.5 Business Opportunities
22.214.171.124 Growing Demand for Lithium Ion Battery
Increased battery production in 126.96.36.199 Europe When Asia Pacific (APAC) region
2.1 Battery Manufacturing Equipment Market (by Application)
2.1.2 Home appliances
2.1.3 Energy and power
2.2 Battery Manufacturing Equipment Market Demand Analysis (by Application), Million USD, 2021-2031
3.1 Battery Manufacturing Equipment Market (By Product)
3.2 Battery Manufacturing Equipment Market (By Equipment, By Process)
3.2.1 Manufacture of electrodes
3.2.2 Cell assembly
3.2.3 Cell finishing
3.3 Battery Manufacturing Equipment Market Demand Analysis (By Equipment, By Process), 2021-2031, Million USD
3.4 Battery Manufacturing Equipment Market (By Battery Type)
3.4.1 Lithium ion
3.4.3 Nickel cadmium
3.4.4 Nickel Metal Hydride
3.5 Battery Manufacturing Equipment Market Demand Analysis by Battery Type, Million USD, 2021-2031
3.6 Product Benchmarks: Growth Rate – Market Share Matrix, 2021
3.7 Patent Analysis
4.1.1 Major manufacturers/suppliers
4.1.2 Business challenges
4.1.3 Business Driver
4.2.1 Battery Manufacturing Equipment Market Demand Analysis (by Application), Million USD, 2021-2031
4.3.1 Battery Manufacturing Equipment Market Demand Analysis (By Equipment, By Process), Million USD, 2021-2031
4.3.2 Battery Manufacturing Equipment Market Demand Analysis (by Battery Type), Million USD, 2021-2031
4.4 Country-level analysis
Five Markets – Competitive Benchmarks and Company Profiles
5.1 Competitive Benchmarks
5.1.1 Competitive Positioning Matrix
5.1.2 Market Share Analysis
5.2 Company Profile
5.2.1 Company Profile
188.8.131.52 Role in Battery Manufacturing Equipment Market
184.108.40.206 Product Portfolio
220.127.116.11 Corporate strategy
18.104.22.168 Analyst View
For more information on this report, please visit https://www.researchandmarkets.com/r/gqfgg7.
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