Solar container battery manufacturing industry planning

How big will the battery industry be by 2030?

According to our calculations, module and packs will reach a market size of € 90 billion by 2030—with cumulative equipment investments totaling € 80 billion by the same year. Finally, the emerging field of battery re-use and re-cycling will be worth an estimated € 15 billion.

What is a battery sector?

The battery sector is a cluster of interconnect-ed players, similar to other industrial clusters like the automotive cluster, comprising at its core cell manufacturers or OEMs and around them equip-ment and component manufacturers, systems experts such as module and pack manufacturers, as well as materials suppliers and other, related companies.

How big is the battery industry?

The battery sector—comprising cell manufacturers, materials including min-ing, refining, and active materials, equipment manufacturers, and other play-ers around systems—is growing at record speed, surging from € 20 billion in the beginning of the decade to an estimated € 550 billion by 2030.

What is the value chain of the battery sector in 2024?

Fig. 3. The battery sector’s strategic value chain with revenue opportunities of ~€ 550 B (numbers rounded). The battery sector in 2024 is still highly localized, mainly clustered in China, with large local compa-nies expanding rapidly to build a dominant global position.