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Battery Manufacturing in China Industry Data and Analysis
The Battery Manufacturing industry in China is dominated by foreign-funded companies. More than 50% of the assets of the industry's large-scale enterprises are owned by joint ventures or foreign enterprises, including ones based in Hong Kong, Macau and Taiwan. Japanese capital accounts for the majority of the industry's foreign capital. Promoted by strong development in various downstream industries including electronics manufacturing, new energy automobile manufacturing, electric power generation, and communications and information, industry revenue is expected to total $264.7 billion in 2023, up by 8.5% for the year and having grown by an annualized 7.4% over the five years through 2023. Domestic demand is expected to total $188.8 billion in 2023, up by 0.6% from the previous year.
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What's included in this industry analysis
IBISWorld's research coverage on the Battery Manufacturing industry in China includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released April 2025.
About this industry
What's this industry report about?
The Battery Manufacturing industry in China operates under the industry code 3940. The Battery Manufacturing industry comprises businesses that manufacture batteries and similar devices. A battery is an electrochemical device that provides a direct-current voltage source via chemical energy that can be converted into electrical energy. Key product segments include primary batteries and storage batteries. Related terms covered in the Battery Manufacturing industry in China include primary battery, storage or secondary battery and alkaline battery.
What's included in this industry?
Products and services covered in Battery Manufacturing industry in China include Storage batteries, Primary batteries and Other batteries.
What companies are included in this industry?
Companies covered in the Battery Manufacturing industry in China include Contemporary Amperex Technology Co., Ltd., EVE Energy Co., Ltd. and Sunwoda Electronic Co., Ltd.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Battery Manufacturing industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Battery Manufacturing industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Battery Manufacturing industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Battery Manufacturing industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Battery Manufacturing industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Battery Manufacturing industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Battery Manufacturing industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Battery Manufacturing industry in China.
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Frequently Asked Questions
What is the market size of the Battery Manufacturing industry in China in 2026?
The market size of the Battery Manufacturing industry in China is $264.7bn in 2026.
How many businesses are there in the Battery Manufacturing industry in China in 2025?
There are 1,394 businesses in the Battery Manufacturing industry in China, which has grown at a CAGR of 0.7 % between 2020 and 2025.
How may import tariffs affect the Battery Manufacturing industry in China?
The Battery Manufacturing industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Battery Manufacturing industry in China?
The Battery Manufacturing industry in China is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
Has the Battery Manufacturing industry in China grown or declined over the past 5 years?
The market size of the Battery Manufacturing industry in China has been growing at a CAGR of 7.4 % between 2020 and 2025.
What is the forecast growth of the Battery Manufacturing industry in China over the next 5 years?
Over the next five years, the Battery Manufacturing industry in China is expected to grow.
What are the biggest companies in the Battery Manufacturing industry in China?
The biggest companies operating in the Battery Manufacturing industry in China are Contemporary Amperex Technology Co., Ltd., EVE Energy Co., Ltd. and Sunwoda Electronic Co., Ltd.
What does the Battery Manufacturing industry in China include?
Storage batteries and Primary batteries are part of the Battery Manufacturing industry in China.
Which companies have the highest market share in the Battery Manufacturing industry in China?
The company holding the most market share in the Battery Manufacturing industry in China is Contemporary Amperex Technology Co., Ltd..
How competitive is the Battery Manufacturing industry in China?
The level of competition is moderate and increasing in the Battery Manufacturing industry in China.
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