Indonesia Battery - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)

According to Mordor Intelligence, the Indonesia battery market size was valued at USD 1.66 billion in 2025 and is estimated to grow from USD 1.84 billion in 2026 to reach USD 3.25 billion by 2031, at a CAGR of 12.06% during the forecast period (2026-2031).

This report is Segmented by Battery Type (Primary Batteries and Secondary Batteries), Technology (Lead-Acid, Li-Ion, Nickel-Metal Hydride, Nickel-Cadmium, Sodium-Sulfur, Solid-State, Flow Battery, and Emerging Chemistries), and Application (Automotive, Industrial, Portable, Power Tools, SLI, and Other Applications). The Market Sizes and Forecasts are Provided in Terms of Value (USD).

Indonesia Battery Market Trends and Insights

Abundant Domestic Nickel Resources Enabling Downstreaming Policy

Indonesia produced 2.2 million t of nickel in 2024, equal to 59% of global output, while its 2020 ore-export ban forced in-country processing, expanding smelter count from 2 to 44 within eight years. The policy attracted USD 32 billion in pledged battery-chain capital but concentrated 61% of refining capacity with Chinese firms, creating dependency on foreign know-how. ESG pressure around HPAL's 20-25 kg CO2-equivalent profile now compels renewable power integration, increasing project capex. CATL's USD 6 billion Karawang complex illustrates the shift, linking nickel feed through closed-loop recycling to meet strict export-market traceability rules.

Surge in EV & e-Motorcycle Investments Backed by Fiscal Incentives

Jakarta allocated IDR 7 trillion subsidies, cut VAT from 11% to 1%, and waived import duties for qualifying models, lifting 2024 EV sales 73% year-over-year to 44,557 units. Yet total cost-of-ownership parity still needs 84 km daily mileage versus the current 34 km average, so up-front subsidies stay critical. TKDN thresholds jump to 60% in 2027 and 80% in 2030, pushing OEMs to localize packs and motors; Hyundai-LG's 10 GWh line and BYD's 150,000-unit plant are early movers. Ride-hailing fleets showcase battery-swap viability, with Grab and Gojek fielding 10,000+ two-wheel EVs across eight cities, supported by 1,200 swap stations.

Dependence on Imported Lithium Salt & Precursor Chemicals

With no economic lithium reserves, manufacturers import carbonate and hydroxide mainly from China and, since August 2025, Australia, exposing cost bases to price swings that ranged USD 6,000-83,000 t between 2020 and 2024. CATL's Karawang hub can process 30,000 t cathode annually but still needs imported feed, limiting margins. China's graphite export controls add another layer of supply-chain fragility, prompting UNOPS to urge stockpiling and recycling mandates, none legislated yet.

Other drivers and restraints analyzed in the detailed report include:

1. Rapid Uptake of Consumer Electronics and IoT Devices
2. Utility-Scale Energy-Storage Tenders to Balance Renewables
3. Patchy Charging / Swap Infrastructure Outside Java Corridor

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Rechargeable cells secured 91.3% of the Indonesian battery market share in 2025 and will expand at a 13.1% CAGR to 2031, lifted by EV mandates and renewable-balancing storage. Primary formats face structural decline as consumers migrate to USB-rechargeable devices. CATL, Hyundai-LG, and BYD installations bring Indonesia's battery market size for secondary cells toward the government's 140 GWh 2030 target, though lithium-import exposure endures. Regulation No. 69/2024 raises safety hurdles for primary cells, accelerating consolidation among low-cost importers.

Legacy dry-cell leader PT Intercallin hedged by adding lithium output, while niche primary use persists in remote controls and medical devices. Yet rechargeable uptake in off-grid solar lanterns and rural devices erodes even these pockets. Pressure on lead-acid starter-battery lines also rises as premium car segments adopt lithium-ion SLI replacements.

Complete Report Scope:

• By Battery Type
  • Primary Batteries
  • Secondary Batteries
• By Technology
  • Lead-acid
  • Li-ion
  • Nickel-metal hydride
  • Nickel-cadmium
  • Sodium-sulfur
  • Solid-state
  • Flow Battery
  • Emerging chemistries
• By Application
  • Automotive (HEV, PHEV, and EV)
  • Industrial (Motive, Stationary (Telecom, UPS, ESS), etc.)
  • Portable (Consumer Electronics, etc.)
  • Power Tools
  • SLI
  • Other Applications

List of Companies Covered in this Report:

1. GS Yuasa Corporation
2. Contemporary Amperex Technology Ltd (CATL)
3. PT Century Batteries Indonesia (Nipress)
4. PT Indonesia Battery Corporation (IBC)
5. PT Motobatt Indonesia
6. The Furukawa Battery Co Ltd
7. FDK Corporation
8. Energizer Holdings Inc.
9. BYD Company Ltd
10. LG Energy Solution
11. Samsung SDI Co Ltd
12. Panasonic Energy Co Ltd
13. VARTA AG
14. Murata Manufacturing Co Ltd
15. CALB Co Ltd
16. SVOLT Energy Technology
17. PT New Indobatt Energy Nusantara
18. PT Hartono Istana Technology (Polytron)
19. PT HLI Green Power (Hyundai-LG JV)
20. PT International Chemitech Battery (ABC)

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support