Federal Investment in Domestic Manufacturing Drives the Market Growth

The US battery market was valued at $19.1 billion in 2024 and is projected to reach $74.3 billion by 2035, growing at a CAGR of 13.5% during the forecast period (2025–2035). Federal investments in domestic manufacturing aim to enhance battery production capacity and raw material processing, decrease foreign supply chain reliance, and enhance national energy security, driving the market growth. For instance, in September 2024, the US Department of Energy reported a $3 billion investment aimed at enhancing battery manufacturing and materials production to strengthen the domestic supply chain. This includes up to $70 million allocated for projects focused on improving the economics of electric drive vehicle battery recovery and reuse. The initiative promotes research on second-life applications for EV batteries and innovative recycling technologies, aiming to build a resilient supply chain for high-capacity batteries, including non-lithium-based options.

Browse the full report description of “US Battery Market Size, Share & Trends Analysis Report by Category (Primary (Non-rechargeable) Batteries, and Secondary (Rechargeable) Batteries), by Type (Lithium Ion (Li-Ion), Nickel-Metal Hydride (NI-MH), Nickel Cadmium, Lead Acid, and Others (Solid-state batteries)), and by Application (Automotive, Industrial, Consumer Electronics, Energy Storage Systems (ESS), Medical Devices, and Defense and Aerospace), Forecast Period (2025-2035)” at https://www.omrglobal.com/industry-reports/us-battery-market

• In January 2025, Moment Energy secured $15 million in Series A funding to build the globe's first second-life battery gigafactory in the US. The company aims to serve the commercial and industrial sectors, EV charging infrastructure, and renewable energy integration. The project, which was awarded $20.3 million from the US Department of Energy, aims to leverage the growing resource of 953 gigawatt hours of second-life batteries by 2030.

• In April 2025, the US energy storage industry has committed $100 billion to invest in American-made grid batteries, aligning with the Trump Administration's efforts to boost American energy and develop critical minerals. The investment aims to meet 100% of domestic energy storage project demand, enhancing American battery manufacturing leadership, energy security, affordability, and international competitiveness.

Market Coverage

• The market number available for – 2024-2035

• Base year- 2024

• Forecast period- 2025-2035

• Segment Covered- 

o By Category 

o By Type

o By Application 

• Competitive Landscape - EnerSys, LG Energy Solution, Ltd., East Penn Manufacturing, Clarios, LLC, Panasonic Corp., Samsung SDI Co., Ltd., Tesla Power USA Inc., among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

US Battery Market Report Segment

By Category 

• Primary (Non-rechargeable) Batteries
• Secondary (Rechargeable) Batteries

By Type

• Lithium Ion (Li-Ion) 
• Nickel-Metal Hydride (NI-MH) 
• Nickel Cadmium 
• Lead Acid
• Others (Solid-state batteries)

By Application 

• Automotive
• Industrial
• Consumer Electronics
• Energy Storage Systems (ESS)
• Medical Devices
• Defense and Aerospace

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