Top 13 Battery Companies in the World

The global battery market size reached USD 138.7 Billion in 2024 and expected to reach USD 306.9 Billion with a CAGR of 8.3% during 2025-2033. This remarkable growth trajectory reflects the accelerating global transition toward sustainable energy solutions and the increasing adoption of electric vehicles across consumer and commercial segments. The battery industry has evolved from traditional applications to become the backbone of modern energy infrastructure, supporting everything from portable electronics to grid-scale energy storage systems.

Consumer demand for battery-powered products and electric vehicles remains strong, fueled by increased performance capabilities, decreased costs, and increased environmental awareness. The sustainability benefits of next-generation battery technologies reach beyond carbon emission reductions to include better use of resources, more efficient recycling, and the creation of greener manufacturing methods. Primary demand drivers are government incentives for the adoption of clean energy, business sustainability efforts, technological innovation in terms of energy density and charging speed, and the growing infrastructure for electric transportation.

The firm growth of the industry is also backed by high investments in research and development, tie-ups between car manufacturers and battery manufacturers at a strategic level, and the development of gigafactories globally. With growing importance in enabling renewable energy integration and grid balancing, the market for batteries is set to be a key driver of the global energy transformation with uses across automotive, industrial, residential, and utility-scale applications.

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List of Top Companies Operating in the Battery Industry:

The global battery market has several major players, including A123 Systems Corp, AESC Group Ltd, BYD Company Ltd., Clarios, LLC, Contemporary Amperex Technology Co., Limited, Crown Battery Manufacturing, GS Yuasa International Ltd., Panasonic Energy Co., Ltd., Robert Bosch GmbH, Saft (Total Energies SE), Samsung SDI Co., Ltd., Tesla Inc., Toshiba Corporation, etc. More information about these companies has been provided below.

1. A123 Systems Corp

A123 Systems Corp is a company that specializes in developing and manufacturing advanced lithium-ion batteries and energy storage systems for a variety of applications, including the electric grid, transportation, and commercial industries. It is a subsidiary of Wanxiang America Corporation that specializes in the production of starter batteries, low-voltage batteries, and 48V systems. A123 Systems is known for its Nanophosphate technology, which is designed to provide high power and energy density, long cycle life, and excellent thermal stability. The company has supplied batteries to a number of significant customers in the automotive industry, including BMW, General Motors, and SAIC Motor Corporation.

2. AESC Group Ltd

AESC Group Ltd is a global leader in lithium-ion battery technology for electric vehicles and energy storage. Originally a Nissan-NEC joint venture, it now operates independently, specializing in battery cell design, module assembly, and battery management systems. Renowned for safe, reliable, and high-performance solutions, AESC supports major automakers worldwide. With facilities in Japan, the UK, and the US, it drives sustainable mobility through advanced recycling programs and next-generation chemistries, reducing environmental impact while ensuring the highest standards of safety, quality, and innovation.

3. BYD Company Ltd.

BYD Company Ltd. specializes in the design, development, and manufacturing of electric vehicles (EVs) and rechargeable batteries. It produces a wide range of electric vehicles, including buses, taxis, passenger cars, and trucks. The company is also known for its innovative battery technology, which includes lithium-ion batteries, lithium iron phosphate (LFP) batteries, and solar panels. In addition, BYD offers energy storage solutions for residential, commercial, and industrial applications. The company has partnerships with several major automakers, including Toyota, and has expanded its operations to several countries, including the United States, Europe, and South America.

4. Clarios, LLC

Clarios LLC is a global leader in advanced low-voltage battery technologies with 135+ years of expertise. It provides innovative energy solutions for conventional, hybrid, and electric vehicles, specializing in lead-acid and lithium-ion batteries. Known for start-stop, energy recovery, and auxiliary power systems, Clarios supports both OEMs and the aftermarket. With operations across four continents, it partners with major automakers worldwide. Its strong sustainability focus includes recycling over 99% of lead-acid batteries and advancing eco-friendly manufacturing to drive sustainable mobility.

5. Contemporary Amperex Technology Co. Ltd.

Contemporary Amperex Technology Co. Ltd (CATL) is a company that specializes in the manufacturing of lithium-ion batteries for electric vehicles (EVs), battery chargers, and energy storage systems. It is known for its innovative battery technology, which includes lithium iron phosphate (LFP) batteries, nickel-cobalt-manganese (NCM) batteries, and lithium nickel cobalt aluminum oxide (NCA) batteries. The company has partnerships with several major automakers, including BMW, Volkswagen, and Tesla, and has supplied batteries for a wide range of electric vehicles. At present, the company has a global presence, with manufacturing facilities and research and development centers in China, Europe, and North America.

6. Crown Battery Manufacturing

Crown Battery Manufacturing is a leading U.S. producer of deep-cycle batteries, specializing in flooded, AGM, and gel technologies for industrial and commercial use. Serving sectors like material handling, renewable energy, telecommunications, and UPS systems, Crown delivers durable, high-performance storage solutions. Its innovations include advanced grid designs, proprietary paste formulations, and optimized charging algorithms that extend battery life. With strong recycling initiatives and eco-friendly manufacturing, Crown supports sustainability. Through broad North American and global distribution, it provides customized solutions for forklifts, solar systems, and backup power applications.

7. GS Yuasa International Ltd.

GS Yuasa Corporation is a leading developer of lead-acid and lithium-ion batteries, with a diverse product portfolio that includes automotive and industrial batteries, power supply systems, switchgear, and other electrical equipment. The company is deeply committed to research and development, with a dedicated R&D center located in Kyoto City. As part of its mission to promote sustainability, GS Yuasa invests heavily in corporate social responsibility initiatives and has developed a comprehensive CSR promotion plan. By prioritizing CSR in its business activities, the company aims to improve its corporate value and enhance stakeholder satisfaction while also building a mechanism for lasting positive impact.

8. Panasonic Energy Co., Ltd.

Panasonic Energy Co., Ltd. is a leading global provider of diverse electronics technologies and solutions for a wide range of customers in consumer electronics, housing, automotive, and B2B industries. It offers home appliances and equipment, manufacturing and logistics systems, as well as batteries and electronic components for mobility and social infrastructure. The company also engages in the development, manufacturing, and sales of a variety of batteries, such as primary batteries, including dry and lithium primary batteries, cylindrical-type lithium-ion batteries for in-vehicle use, secondary lithium batteries, storage battery modules, and nickel-metal hydride batteries.

9. Robert Bosch GmbH

Robert Bosch GmbH is a German multinational company specializing in engineering and technology across several sectors, including mobility, consumer goods, energy and building technology, and industrial technology. The company is committed to innovation in areas such as chemical energy conversion, electrified mobility and systems, healthcare solutions, information and communication technologies, production systems, the Internet of Things (IoT), autonomous systems, modeling, simulation, optimization, and new materials, sustainability, and smart sensors and hardware systems. The company currently provides its products globally under notable subsidiaries such as Bosch Rexroth, BSH Hausgeräte, Dremel, Bosch Electrical Drives Co., Ltd., Scintilla AG, Bosch Engineering GmbH, Worcester Bosch, and Bosch Sicherheitssysteme.

10. Saft (Total Energies SE)

Saft is a multinational company that designs, develops, and manufactures advanced batteries for industrial and defense applications. It offers a range of battery technologies, including nickel-based, lithium-based, and advanced lead-acid batteries. These batteries are used in various applications, such as renewable energy storage systems, smart grid applications, backup power systems, aerospace and defense systems, and electric vehicles. Presently, Saft has a global presence with manufacturing facilities in Europe, North America, and Asia and sales offices and distributors in over 50 countries.

11. Samsung SDI Co. Ltd.

Samsung SDI Co. Ltd. specializes in the development and manufacturing of advanced lithium-ion batteries for various applications. It produces batteries for use in electric vehicles, energy storage systems, mobile devices, and other applications. The company also offers laptop battery and energy storage solutions that integrate batteries with renewable energy sources, such as solar and wind power. Currently, Samsung SDI has a global presence, with manufacturing facilities and sales offices in Asia, Europe, and the Americas. The company is committed to sustainability and has set ambitious goals for reducing its environmental impact. It aims to achieve carbon neutrality by 2050 and has established a "Green Management" program to promote sustainability throughout its operations.

12. Tesla Inc.

Tesla Inc. is an electric vehicle and clean energy company that designs and manufactures electric cars, battery storage systems, and solar products. The company's electric cars are known for their long range and high performance and have become increasingly popular in recent years due to growing concerns about climate change and a desire for more sustainable transportation options. In addition, Tesla is involved in the development of autonomous driving technology and new battery technology that will improve the range and performance of its cars.

13. Toshiba Corporation

Toshiba Corporation is a multinational conglomerate specializing in electronics, industrial, and energy-related products and services. The company was founded through the merger of Shibaura Seisaku-sho and Tokyo Denki, two leading companies in the Japanese electronics industry at the time. Over the years, Toshiba has developed various products, including personal computers, semiconductors, TVs, air conditioning systems, medical equipment, and nuclear power plants. The company has also made significant contributions to the development of several key technologies, such as laptop computers and NAND flash memory.

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