PUBLISHER: GlobalData | PRODUCT CODE: 1882821
PUBLISHER: GlobalData | PRODUCT CODE: 1882821
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 $449 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 $246.1 billion, ahead of EMEA ($115.2 billion) and the Americas ($87.6 billion). China is leading the battery revolution with $172.3 billion worth of investments, followed by the US with $77.5 billion and Indonesia with $32.3 billion. Projects in execution amount to $219.6 billion, while projects currently in the planning stage amount to $179.6 billion; early-stage projects - those at the pre-planning stage (announced and study) - total $25.5 billion, while projects in the pre-execution stages (design, tender and award) account for $24.2 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 are expected to rise 14.3% to $83.2 billion in 2025, and 7.4% to $89.4 billion in 2026.