Project Insight - Global Battery Construction Projects (Q1 2025)
Summary
This report provides a detailed analysis of battery construction projects globally, based on projects tracked by GlobalData.
GlobalData is currently tracking global battery construction projects with a total value of $495 billion (including all projects from announced to execution stage). The Asia-Pacific region accounts for the highest share, with a combined project pipeline valued at $255 billion, ahead of the Americas ($124 billion). China is leading the battery revolution with $194 billion worth of investments, followed by the US with $105 billion. Projects in execution amount to $254 billion, while projects currently in the planning stage amount to $176.7 billion; early-stage projects - those at the pre-planning stage (announced and study) - total $40 billion, while projects in the pre-execution stages (design, tender and award) account for $23 billion. Assuming all projects proceed as planned and that spending is evenly distributed over the construction phase of all projects, annual spending on the global battery construction projects pipeline could rise from $93 billion in 2025 to $107 billion in 2026 and $79 billion in 2027.
Scope
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