PUBLISHER: GlobalData | PRODUCT CODE: 1815967
PUBLISHER: GlobalData | PRODUCT CODE: 1815967
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 $494.3 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 $268.6 billion, ahead of the Americas ($107.4 billion). China is leading the battery revolution with $195.9 billion worth of investments, followed by the US with $88.6 billion. Projects in execution amount to $268.9 billion, while projects currently in the planning stage amount to $169 billion; early-stage projects - those at the pre-planning stage (announced and study) - total $28.9 billion, while projects in the pre-execution stages (design, tender and award) account for $27.3 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 $91.1 billion in 2025 to $105.4 billion in 2026 and $87.4 billion in 2027.