Canada Electric Vehicle Battery Manufacturing Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Canada Electric Vehicle Battery Manufacturing Equipment Market Report is Segmented by Process (Mixing, Coating, Calendaring, Slitting and Electrode Making, Other Process) and Battery (Lithium-Ion Batteries, Lead-Acid Batteries, Nickel-Metal Hydride Batteries, Other Batteries). The Report Covers the Market Size and Demand Forecasts in Revenue (USD) for the Abobe Segments.

Canada Electric Vehicle Battery Manufacturing Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Canada Electric Vehicle Battery Manufacturing Equipment Market Size

Canada Electric Vehicle Battery Manufacturing Equipment Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 11.88 Million
Market Size (2030) USD 27.07 Million
CAGR (2025 - 2030) 17.90 %
Market Concentration High

Major Players

Canada Electric Vehicle Battery Manufacturing Equipment Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Canada Electric Vehicle Battery Manufacturing Equipment Market with other markets in Energy & Power Industry

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Canada Electric Vehicle Battery Manufacturing Equipment Market Analysis

The Canada Electric Vehicle Battery Manufacturing Equipment Market size is estimated at USD 11.88 million in 2025, and is expected to reach USD 27.07 million by 2030, at a CAGR of 17.9% during the forecast period (2025-2030).

  • Over the long term, the Canadian market is poised for growth, driven by favorable government policies promoting electric vehicles (EVs) and their rising adoption in major cities like Toronto, Montreal, Calgary, Ottawa, and Edmonton.
  • On the other hand, the Canadian market faces challenges, notably a shortage of domestic manufacturers and a heavy reliance on imported battery equipment.
  • Nevertheless, advancements in technology, such as increased capacity and reduced discharge rates, are set to enhance the feasibility and efficiency of battery equipment manufacturing, unlocking vast opportunities for the market.

Canada Electric Vehicle Battery Manufacturing Equipment Industry Overview

The Canada Electric Vehicle Battery Manufacturing Equipment Market is semi-consolidated. Some of the key players in this market (in no particular order) are Xiamen Lith Machine Limited, IPG Photonics Corporation, Durr AG, Hitachi Ltd, and Xiamen Tmax Battery Equipments Limited.

Canada Electric Vehicle Battery Manufacturing Equipment Market Leaders

  1. Xiamen Lith Machine Limited

  2. IPG Photonics Corporation

  3. Durr AG

  4. Hitachi Ltd

  5. Xiamen Tmax Battery Equipments Limited.

  6. *Disclaimer: Major Players sorted in no particular order
Canada Electric Vehicle Battery Manufacturing Equipment Market Concentration
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Canada Electric Vehicle Battery Manufacturing Equipment Market News

  • April 2024: Honda Motor has announced an ambitious plan to invest USD 11 billion in Ontario, Canada, aiming to establish a comprehensive "EV value chain." Key components of this initiative include new assembly and battery plants alongside facilities for producing both all-electric and fuel-cell vehicles. Production is set to commence in 2028, with a target of reaching an annual capacity of 240,000 units. This strategic move in Alliston, Ontario, aligns with Honda's vision of exclusively launching all-electric and fuel-cell vehicles by 2040.
  • June 2023: CATL revealed its intention to invest USD 1.4 billion in Bolivia, aiming to harness the country's extensive yet underutilized lithium reserves. After discussions with CATL executives on June 25, Bolivian President Luis Arce affirmed the commitment to establish two lithium plants. These plants will extract minerals from Bolivia's Uyuni and Oruro salt flats.

Canada Electric Vehicle Battery Manufacturing Equipment Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD, till 2029
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Favorable Government Policies
    • 4.5.1.2 Growing Adoption of Electric Vehicles
    • 4.5.2 Restraints
    • 4.5.2.1 The Shortage of Domestic Manufacturers and High Reliance on Imported Battery Equipment
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis
  • 4.8 Investmenmt Analysis

5. MARKET SEGMENTATION

  • 5.1 Process
    • 5.1.1 Mixing
    • 5.1.2 Coating
    • 5.1.3 Calendering
    • 5.1.4 Slitting and Electrode Making
    • 5.1.5 Other Process
  • 5.2 Battery
    • 5.2.1 Lithium-Ion Batteries
    • 5.2.2 Lead-Acid Batteries
    • 5.2.3 Nickel-Metal Hydride Batteries
    • 5.2.4 Other Batteries

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Xiamen Lith Machine Limited
    • 6.3.2 IPG Photonics Corporation
    • 6.3.3 Durr AG
    • 6.3.4 Hitachi Ltd
    • 6.3.5 Xiamen Tmax Battery Equipments Limited.
    • 6.3.6 Schneider Electric
    • 6.3.7 Sovema Group
  • *List Not Exhaustive
  • 6.4 Market Ranking/Share (%) Analysis
  • 6.5 List Of Other Prominent Companies

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Technological Advancements in the Battery manufacturing Equipment
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Canada Electric Vehicle Battery Manufacturing Equipment Industry Segmentation

The Canada Electric Vehicle Battery Manufacturing Equipment Market is Segmented by Process and Battery. By Process, it is segmented into Mixing, Coating, Calendaring, Slitting and Electrode Making, Other Process. By Battery, it is segmented into Lithium-Ion Batteries, Lead-Acid Batteries, Nickel-Metal Hydride Batteries, Other Batteries. The Report Offers the Market Size and Forecasts for Canada Electric Vehicle Battery Manufacturing Equipment Market in Revenue (USD) for all the Above Segments.

Process Mixing
Coating
Calendering
Slitting and Electrode Making
Other Process
Battery Lithium-Ion Batteries
Lead-Acid Batteries
Nickel-Metal Hydride Batteries
Other Batteries
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Canada Electric Vehicle Battery Manufacturing Equipment Market Research Faqs

How big is the Canada Electric Vehicle Battery Manufacturing Equipment Market?

The Canada Electric Vehicle Battery Manufacturing Equipment Market size is expected to reach USD 11.88 million in 2025 and grow at a CAGR of 17.90% to reach USD 27.07 million by 2030.

What is the current Canada Electric Vehicle Battery Manufacturing Equipment Market size?

In 2025, the Canada Electric Vehicle Battery Manufacturing Equipment Market size is expected to reach USD 11.88 million.

Who are the key players in Canada Electric Vehicle Battery Manufacturing Equipment Market?

Xiamen Lith Machine Limited, IPG Photonics Corporation, Durr AG, Hitachi Ltd and Xiamen Tmax Battery Equipments Limited. are the major companies operating in the Canada Electric Vehicle Battery Manufacturing Equipment Market.

What years does this Canada Electric Vehicle Battery Manufacturing Equipment Market cover, and what was the market size in 2024?

In 2024, the Canada Electric Vehicle Battery Manufacturing Equipment Market size was estimated at USD 9.75 million. The report covers the Canada Electric Vehicle Battery Manufacturing Equipment Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Canada Electric Vehicle Battery Manufacturing Equipment Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Canada Electric Vehicle Battery Manufacturing Equipment Industry Report

Statistics for the 2025 Canada Electric Vehicle Battery Manufacturing Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Electric Vehicle Battery Manufacturing Equipment analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.