Battery Contract Manufacturing Market Size to Hit USD 23.09 Billion by 2033, at 15.8% CAGR | SNS Insider

Austin, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Battery Contract Manufacturing Market Size & Growth Insights:

According to the SNS Insider,“The Battery Contract Manufacturing Market Size was valued at USD 7.14 billion in 2025E and is expected to grow to USD 23.09 billion by 2033 with an emerging CAGR of 15.8% over 2026-2033.”

Increasing Demand for Batteries is Propelling Market Growth Globally

Due to their greater efficiency and longer shelf life, lithium-ion batteries for smartphones are expected to drive the industry. Furthermore, it is projected that growing consumer awareness about reducing global carbon emissions would spur interest in electric vehicles and accelerate market growth. Significant prospects exist in the battery contract manufacturing market due to supporting government regulations and advancements in battery storage technologies. Demand is driven by safer battery chemistries, increased energy density, and longer lifespans; local manufacturing is encouraged by incentives, subsidies, and regulatory assistance, which increases production capacity and speeds up market expansion internationally.

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Leading Market Players with their Product Listed in this Report are:

• Rose Batteries
• Ttek Assemblies Inc
• PH2
• Johnson Controls
• Valmet Automotive
• Tiger Electronics inc
• Coulometrics LLC
• Enersys
• Exide Industries Limited

Battery Contract Manufacturing Market Report Scope:

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Key Industry Segmentation

By Product

Lithium-based chemistries dominate due to high energy density, long life, and widespread use in EVs, smartphones, and energy storage. Other chemistries support niche applications, industrial use, and cost-sensitive markets, ensuring a broad and versatile product portfolio. 

By Application

Growing EV adoption, expanding portable electronics, and increasing renewable energy storage needs drive demand, while specialized sectors like defense and space require high-performance, reliable battery solutions.

Regional Insights:

With robust demand from the consumer electronics, energy storage, and electric vehicle industries, North America dominates the battery contract manufacturing market. Market expansion is fueled by the well-established electronics and automotive sectors as well as government subsidies for the use of EVs and clean energy. Production capabilities are strengthened by technological know-how, advanced manufacturing infrastructure, and OEM-contract manufacturer partnerships. High labor and operating costs, however, may have an impact on regional expansion plans and investment choices.

Asia Pacific dominates the global Battery Contract Manufacturing Market, driven by major battery and EV manufacturers in China, Japan, and South Korea. Rapid industrialization, government support for renewable energy, and increasing consumer electronics demand accelerate market growth.

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Recent News:

• In 2024, Ttek Assemblies secured about USD 1,726,000 in new commercial financing to support expansion of its battery manufacturing and custom battery pack services. 
• In August 2025, Johnson Controls completed the sale of its Residential and Light Commercial HVAC business to Bosch Group a major strategic move that refocuses the company on building solutions and smart infrastructure.

Exclusive Sections of the Battery Contract Manufacturing Market Report (The USPs):

• BATTERY CHEMISTRY PERFORMANCE INDEX – helps you assess production share, annual output, and cycle life across lithium-ion, LFP, NiMH, and other chemistries to identify the most efficient and in-demand battery types.
• APPLICATION-LEVEL DEMAND & GROWTH METRICS – helps you understand demand shares from EVs, consumer electronics, defense, telecom, ESS, and other sectors, highlighting where manufacturing commitments and capacity expansion are most needed.
• EV & ESS CONTRACT MANUFACTURING GROWTH TRACKER – helps you evaluate the rapidly rising contract manufacturing demand for electric vehicles and energy storage systems, supporting long-term investment and capacity planning.
• MARKET SHARE & COST COMPETITIVENESS ANALYSIS – helps you compare top contract manufacturers (CR5), revenue growth, and chemistry-wise manufacturing cost (USD/kWh) to assess competitiveness and pricing power in the value chain.
• SUPPLY CHAIN INTEGRATION & OEM PARTNERSHIP INDEX – helps you measure the share of long-term OEM contracts in EV, telecom, and defense sectors to identify stable, high-value partnerships and procurement reliability.
• CUSTOM ENGINEERING & DELIVERY PERFORMANCE METRICS – helps you evaluate delivery lead times and the share of projects requiring tailored battery pack engineering, supporting operational planning and customer-specific product strategies.

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