Global Lithium Battery Manufacturing Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Lithium Battery Manufacturing Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Lithium battery manufacturing equipment generally refers to various manufacturing equipment used in the production process of lithium-ion batteries. Lithium battery manufacturing equipment is used in each process of lithium battery production process, and lithium battery manufacturing equipment has a significant impact on the performance and cost of lithium ion batteries.

Market Overview:

The latest research study on the global Lithium Battery Manufacturing Equipment market finds that the global Lithium Battery Manufacturing Equipment market reached a value of USD 14492.07 million in 2022. It’s expected that the market will achieve USD 41069.74 million by 2028, exhibiting a CAGR of 18.96% during the forecast period.

The impact of the Russo-Ukraine war on the world economy is mainly reflected in hindering the recovery of the world economy; encouraging the rise of anti-globalization trends; and global economic governance is in trouble. The Russia-Ukraine war jeopardizes the recovery of the world economy from the COVID-19 pandemic, and countries around the world are facing many challenges such as inflation, food security, energy security, and supply chain pressure. The Organization for Economic Cooperation and Development (OECD) predicts that due to the impact of the Russia-Ukraine war, global economic growth will drop by 1.1 percentage points and inflation will rise by 2.5 percentage points.

From the perspective of the lithium battery manufacturing equipment industry, the Russia-Ukraine War led to an increase in energy costs in production. The war in Russia and Ukraine has had an impact on energy supplies. In the context of global economic recovery, global energy prices will show an upward trend driven by increased demand in the second half of 2021, and the Russia-Ukraine war will lead to another rise in world oil prices. Russia is the world's third largest oil producer. Russia supplies more than 20 percent of the continent's oil. Some European countries are mainly dependent on Russia for oil imports. The Russia-Ukraine war has had an impact on the oil supply chain, which in turn affects European energy supply. Rising world oil prices have led to an increase in energy consumption costs for production and transportation in the lithium battery manufacturing equipment industry. The Russo-Ukraine war has affected the raw material market for the lithium battery manufacturing equipment industry to a certain extent; for example, the stainless steel market. Wars in Russia and Ukraine have disrupted supplies of critical metals and other materials.

The Russia-Ukraine war affects the downstream market of the lithium battery manufacturing equipment industry. Russia is a major producer of lithium, which is an important part of lithium battery production; if supply from Russia is disrupted, it could lead to a severe shortage of lithium globally; this will affect lithium battery industry production.

In addition, the Russia-Ukraine war has disrupted supply chains, and the COVID-19 pandemic and the Russia-Ukraine war have dealt a double blow to global supply chains. The Russo-Ukraine war severely disrupted shipping and air transport. According to supply chain companies, the Russia-Ukraine war has led to layoffs at airlines, shutdowns at logistics companies and soaring air freight prices. Meanwhile, the war between Russia and Ukraine destroyed transport infrastructure and caused major traffic disruptions. Therefore, it is not conducive to the transportation of lithium battery manufacturing equipment industry.

Rising demand for consumer electronics is driving the lithium battery manufacturing equipment industry

Lithium battery manufacturing equipment is mainly used in the production of lithium-ion batteries, so the growth in demand for lithium-ion batteries is the fundamental driving force driving the growth of the lithium battery manufacturing equipment industry. Currently, lithium batteries are used in a large number of consumer electronics products. As demand for consumer electronics such as mobile phones and laptops grows, so does demand for lithium-ion batteries. Lithium-ion batteries are widely used in consumer electronics due to their rechargeable properties; for example, lithium-ion batteries are used in products such as mobile phones, laptops, and wearable devices. In addition, lithium-ion battery packs provide high power and have a higher energy density than other types of batteries; lithium batteries have fast charging capabilities and long service life. These factors have led to increased demand for lithium-ion batteries in consumer electronics.

At the same time, 5G leads a new wave of mobile phone replacements, and sales of smartphones have returned to growth. In recent years, notebook computers have been developing in the direction of thinner and lighter, and the market has the characteristics of light weight, small size and high capacity for batteries. These aspects are also affecting the demand for lithium batteries.

Lithium battery manufacturing equipment involves all aspects of lithium battery manufacturing, and lithium battery manufacturing equipment has a significant impact on the performance and cost of lithium-ion batteries. With the rapid expansion of the global battery market, lithium battery manufacturers are under intense pressure to improve performance and reduce costs, which is driving the demand for lithium battery manufacturing equipment.

The development of the new energy automobile industry drives the development of the lithium battery manufacturing equipment industry

In the context of the vigorous development of new energy vehicles, vehicles are shifting from fuel to combustion electricity, and lithium batteries are selected as an important power source. In recent years, due to rising oil prices and intensified air pollution problems, the new energy vehicle industry has ushered in better development opportunities. With the rise of new energy vehicles and renewable energy power generation, the market demand for power lithium batteries and energy storage lithium batteries will further increase. With the development of the new energy vehicle industry, lithium battery factories will expand their production capacity to meet the huge industry demand, which is driving the development of the lithium battery manufacturing equipment industry.

Region Overview:

In 2021, the share of the Lithium Battery market in China stood at 71.49%.

Company Overview:

Wuxi Lead is one of the major players operating in the Lithium Battery market, holding a share of 8.92% in 2022.

Founded in 2002, Wuxi Lead has become a world-leading manufacturer of new energy equipment. LE The company mainly focuses on seven major industries, including lithium-ion batteries, photovoltaics, 3C, warehousing and logistics systems, automobiles, fuel cells and lasers. As the world's leading manufacturer of lithium-ion battery equipment, Wuxi Lead has established strategic partnerships with Panasonic, Sony, Samsung SDI, LG Chem, Ningde Times, BYD and other well-known battery companies.

Shenzhen Yinghe Technology Co., Ltd. was established in 2006 and is committed to the research, development, production and sales of intelligent new energy automation equipment. Yinghe Technology has become a leader in the field of power battery intelligent automation equipment, and is also one of the few companies in the world that can provide power battery intelligent digital factory solutions.

Zhejiang Hangke Technology Co., Ltd. is located in Hangzhou City, Zhejiang Province. It was founded in 1984 and was successfully listed on the Science and Technology Innovation Board in 2019. With more than 30 years of professionalism, focus and continuous innovation, Hangke Technology has built a global operation and service network to provide customers with overall solutions for lithium battery after-treatment systems.

Segmentation Overview:


By type, Pretreatment segment accounted for the largest share of market in 2021.

Pretreatment

Lithium battery pretreatment is the first stage in the recycling process of spent lithium-ion batteries, including battery sorting, deactivation, disassembly, grading, and separation of active cathode materials and current collector foils. Pretreatment processes are essential in Li-ion battery recycling. The pretreatment process in lithium-ion battery recycling can improve the recovery efficiency of valuable elements in lithium-ion batteries.

Cell Assembly

The assembly process for lithium battery production involves a lot of manufacturing equipment. It covers the cell assembly process, the cell assembly process mainly includes winding or lamination, cell pre-packaging, Electrolyte injection and other processes; this process involves winding machines or laminating machines, cell casing machines, liquid injection machines and Sealing and welding equipment. In addition, roof assembly machines, collector welding machines, insulation film installation machines, etc. are also included.

Post Processing

Lithium battery post processing equipment is used for testing, cleaning, packaging and other processes of lithium ion batteries. The machines help improve the overall efficiency of the battery production process by removing any debris or chemical residue from the surface of the battery.

Application Overview:

The market's largest segment by application is the segment Consumer Electronics, with a market share of 32.14% in 2021.

Consumer Electronics

Lithium battery manufacturing equipment can be used to manufacture batteries for various electronic products. Consumer electronics products include smartphones, drones, power tools, smart homes, various wearable devices, etc.

New Energy Vehicles

The rapid development of the new energy vehicle industry is increasing the demand for lithium batteries, and lithium battery manufacturing equipment can be used to produce automotive lithium batteries. Lithium batteries are becoming an important storage tool for the energy transition.

Others

There are other applications. For example, lithium battery manufacturing equipment can be used in the power industry, industrial battery industry, etc.

Key Companies in the global Lithium Battery Manufacturing Equipment market covered in Chapter 3:

Wonik Pne
Golden Milky
PNT
Wuxi Lead
Manz
SK Automation Technology
Funeng Oriental Equipment Technology Co., Ltd.
Yinghe Technology
Hirano Tecseed
Han'S Laser
Sovema
Shenzhen Geesun
United Winners
HNAC Technology Co., Ltd.
CHR
Koem
Hymson
Toray
CKD
Shenzhen Haoneng Technology
Putailai
CIS CO., LTD.
Lyric Robot

In Chapter 4 and Chapter 14.2, on the basis of types, the Lithium Battery Manufacturing Equipment market from 2018 to 2029 is primarily split into:

Pretreatment
Cell Assembly
Post Processing

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Lithium Battery Manufacturing Equipment market from 2018 to 2029 covers:

Consumer Electronics
New Energy Vehicles
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)