Battery Structural Parts Market Surging at CAGR of 16.8% | Growth Drivers & Forecast 2025-2031

Market Summary -

The global market for Battery Structural Parts was estimated to be worth US$ 3414 million in 2024 and is forecast to a readjusted size of US$ 10114 million by 2031 with a CAGR of 16.8% during the forecast period 2025-2031.

Accourding to QY Research has released a new publication titled "Global Battery Structural Parts Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This comprehensive study provides an in-depth evaluation of the worldwide Battery Structural Parts industry, uncovering the major forces influencing market growth and delivering high-value insights for investors, industry leaders, and strategic decision-makers. The report examines critical elements such as market dynamics, evolving technologies, segmentation trends, regional developments, and the competitive landscape. With data backed by rigorous research and expert interpretation, it offers an authoritative guide to understanding the macroeconomic and microeconomic factors reshaping the global market.

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Battery structural parts include shells, covers, etc. Lithium-ion batteries are composed of positive electrode materials, negative electrode materials, diaphragms, electrolytes, and precision structural parts, among which the structural parts mainly include aluminum/steel shells, cover plates, connectors, safety structural parts, etc. Power lithium battery precision structural parts, as lithium battery shells, play the role of transmitting energy, carrying electrolytes, protecting safety, fixing and supporting batteries, and appearance decoration. Depending on the application environment, they have specific functions such as connectivity, shock resistance, heat dissipation, corrosion resistance, anti-interference, and anti-static properties, which have a direct impact on the safety, airtightness, and energy efficiency of lithium batteries.

The industry's competitive barriers are mainly reflected in customer certification and process technology. The product and production line certification cycle between suppliers and customers is long, and they are often not easily adjusted after forming a stable cooperative relationship. Therefore, entering the customer supply system will form a high customer barrier. The market presents a "oligopoly-dominated, technology-winning" pattern: leading companies such as Kodali rely on precision stamping and welding technology to bind giants such as CATL and Tesla, while small and medium-sized manufacturers are unable to break through the high-barrier processes such as 4680 battery full-ear cover plates and composite current collectors and fall into price wars. From the application perspective, square batteries are currently the largest downstream market, and the accelerated layout of large cylindrical batteries will bring incremental demand for structural parts. In 2024, the revenue of cylindrical battery structural parts of Zhongrui Electronics will increase by more than 200% year-on-year.

Recent Developments -

In recent years, affected by the rapid development of lithium batteries and terminal application markets such as new energy vehicles and energy storage batteries, the market space for precision structural parts has also continued to grow. EVTank predicts in the "White Paper on the Development of China's Energy Storage Battery Industry (2025)" that by 2030, global energy storage battery shipments will reach 1550.0GWh. By then, with the continuous expansion of the terminal market scale of new energy vehicles, energy storage batteries, etc., the market scale of battery structural parts will also show a growth trend.

Market Drivers, Challenges & Restraints -

This section outlines the various elements influencing the trajectory of the Battery Structural Parts market:

Key Growth Drivers -
- Supportive policy frameworks and regulatory reforms
- Advancement in product innovation and technological breakthroughs
- Growing demand in emerging application areas
- Shift in global supply chain structures
Restraints & Challenges -

- Regulatory uncertainties
- Competitive pricing pressures
- Operational risks
- Market-entry barriers

The report also highlights rising opportunities that companies can leverage to gain traction in high-growth segments.

Why should you purchase this report?

Purchasing this report provides you with a comprehensive and data-driven understanding of the market landscape, enabling informed business decisions and strategic planning. The report comes with free customization based on client requirements, including a country-level breakdown of any five countries of your choice and a competitive analysis of segment revenue by key market players. With detailed insights into market trends, growth drivers, challenges, competitive dynamics, and emerging opportunities, this report equips stakeholders, manufacturers, and investors with actionable intelligence to identify profitable prospects, optimize operations, and maintain a competitive edge in the industry.

Major Company Included: -

Shenzhen Kedali Industry
SANGSIN EDP
Zhenyu Technology
SLAC Precision Equipment
Wuxi Jinyang New Material
Zhongrui Electronic Technology
Shenzhen Everwin Precision
Fuji Springs
Changzhou Red Fairy
Zhejiang Zhongze Precision Technology
Zhengyuan Electronic
Shinheung SEC
Jie Jing Precision
Alcha Aluminium
Hefei Lixiang
SuZhou Sumzone
Guangdong Hoshion Industrial Aluminium

The competitive section of the report provides essential insights needed for companies to strengthen their market positioning. It highlights the strategies adopted by leading players-covering innovation, pricing models, marketing channels, distribution networks, and regional expansion. This evaluation enables market participants to identify competitive advantages and understand challenges that may affect their long-term performance.

Market Segmentation -

The report presents a granular breakdown of the global Battery Structural Parts market, emphasizing CAGR, market share, future potential, and emerging trends across each segment.

By Type

Battery Housing
Cover Plate
Connection Parts
Others

By Application

Prismatic Battery
Cylindrical Battery

This segmentation helps identify high-growth niches and valuable investment opportunities across product types and applications.

Regional Analysis -

The report offers a detailed geographic assessment covering four major regions and key contributing countries. Insights include consumption patterns, production levels, market share distribution, and long-term growth prospects.

North America

United States
Canada
Mexico

Latin America

Brazil
Other key regional markets

Asia-Pacific

China
Japan
India
South Korea
ASEAN Countries

Europe, Middle East & Africa (EMEA)

Germany
France
United Kingdom
GCC Countries
African Nations

The analysis spans from 2024 (base year) to 2031 (forecast period).

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Why This Report Is Essential -

✔ Complete Historical & Forecast Analysis (2020-2031)
✔ Detailed Segmentation by Type, Application & Region
✔ In-Depth Competitive Landscape & Company Profiling
✔ Drivers, Restraints & Market Dynamics Explained
✔ Expert Insights to Support Strategic Planning

Report Objectives -

✔ Measure the global Battery Structural Parts market size (value & volume).
✔ Accurately analyze market shares, consumption trends, and segment performance.
✔ Examine major market dynamics and industry-shaping forces.
✔ Identify and discuss key production, revenue, and sales trends.
✔ Profile top market players and evaluate their competitive strategies.
✔ Review manufacturing practices, pricing structures, and cost trends.
✔ Compare regional and national market performance across key geographies.
✔ Forecast segment-wise and region-wise growth opportunities through 2031.

Key Questions Answered in the Report -

✔ What is the size and estimated growth rate of the global and regional Battery Structural Parts market?
✔ Which countries are expected to display the strongest growth?
✔ Which region will dominate the market throughout the forecast period?
✔ What are the main factors driving or restraining market expansion?
✔ What technological advancements are shaping future demand?
✔ Where are the key opportunities for new entrants and established players?
✔ Which companies currently hold the highest market share?
✔ How will market dynamics evolve from 2025 to 2031?

Table of Contents - Major Key Points:

- Study Coverage
- Executive Summary
- Research Methodology
- Global Production Analysis
- Value Chain and Supply-Chain Analysis
- High Purity Silane (SiH4) for Semiconductors Market Dynamics
- Competition by Manufacturers
- High Purity Silane (SiH4) for Semiconductors Market Segmentation, By Type
- High Purity Silane (SiH4) for Semiconductors Market Segmentation, By Application
- Regional Analysis
-Corporate Profile
- Conclusion.

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