Indonesia EV Battery Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2026 - 2032)

The Indonesia EV battery market is witnessing steady growth as rising electric vehicle adoption, expanding battery manufacturing capacity, and strong focus on energy transition drive market development across the country. The market is valued at USD 900.0 million in 2025 and is projected to reach USD 1,985.9 million by 2032, growing at a CAGR of 12% during the study period from 2019 to 2032. Increasing demand for electric mobility and strategic investments across the battery value chain are supporting sustained market expansion.

Indonesia is strengthening its position in the global EV battery ecosystem by leveraging abundant mineral resources and promoting downstream processing and battery manufacturing. Growing collaboration between government bodies, global battery manufacturers, and automotive players is accelerating capacity development and technology adoption. Advancements in battery chemistry, improved energy density, and cost optimization are further enhancing market competitiveness.

Java represents the largest provincial market, supported by strong automotive demand, industrial concentration, and established manufacturing infrastructure, while North Maluku is emerging as the fastest-growing province due to expanding battery materials processing projects, infrastructure development, and rising investment in the EV supply chain. As Indonesia continues to advance its electric mobility and clean energy ambitions, the EV battery market is expected to maintain consistent growth throughout the forecast period.

Key Insights

The Indonesia EV battery market is valued at USD 900.0 million in 2025 and is expected to reach USD 1,985.9 million by 2032, reflecting steady long-term growth driven by electric vehicle adoption.

The market is projected to grow at a CAGR of 12% during 2019-2032, supported by increasing demand for electric mobility solutions.

Rising focus on domestic battery manufacturing and value-added processing is strengthening Indonesia's position in the EV supply chain.

Java accounts for the largest share of the market, driven by strong automotive activity and established industrial infrastructure.

North Maluku is the fastest-growing province, supported by expanding battery materials processing and strategic investment projects.

Increasing collaboration between automakers and battery manufacturers is accelerating market development.

Advancements in battery technology are improving performance, efficiency, and cost competitiveness.

Government initiatives supporting electric vehicles and battery manufacturing are reinforcing long-term market growth.

Expansion of charging infrastructure and EV adoption is increasing long-term demand for EV batteries.

Continued investment in manufacturing capacity, technology innovation, and supply chain integration is expected to sustain long-term growth in the Indonesia EV battery market.