The global market for Construction Machinery Battery was estimated to be worth US$ 6622 million in 2024 and is forecast to a readjusted size of US$ 29508 million by 2031 with a CAGR of 21.8% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Construction Machinery Battery cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Construction Machinery Battery refers to the rechargeable power source specifically designed to supply energy to electric or hybrid construction equipment, such as excavators, loaders, bulldozers, and cranes. These batteries are engineered to meet the high power demands, durability, and rugged operating conditions typical of construction sites. They often utilize lithium-ion or other advanced chemistries to ensure long cycle life, fast charging, and reliable performance in harsh environments. As the construction industry shifts toward electrification for reduced emissions and improved energy efficiency, construction machinery batteries play a critical role in enabling sustainable operations.
The Construction Machinery Battery market is witnessing a significant transformation driven by the global shift toward electrification and carbon neutrality. Key players such as CATL, EnerSys, and EVE Energy dominate the industry, collectively accounting for over half of the global market share. These companies are investing heavily in R&D and expanding production capacity to meet the growing demand for reliable, high-capacity battery solutions. The adoption of battery-powered construction equipment is becoming more widespread as regulatory pressures increase and end-users seek to reduce operating costs and emissions.
Asia-Pacific leads the market, contributing approximately 60% of global revenue, primarily due to the rapid urbanization, infrastructure development, and strong government policies supporting electrification in countries like China and India. The region is also home to some of the most advanced battery manufacturers and construction machinery OEMs, fostering a strong supply chain and favorable ecosystem for growth. Europe and North America are also emerging as significant markets, driven by sustainability targets and construction sector innovation.
In terms of product type, lithium-ion batteries dominate the market with a 72% share, thanks to their superior energy density, longer lifespan, and fast-charging capabilities. As battery technology continues to evolve, new chemistries and battery management systems are enhancing the efficiency and safety of these batteries, making them more suitable for demanding construction applications. Traditional lead-acid batteries still hold some presence, especially in low-cost or legacy machinery, but their share is declining steadily.
Among applications, forklifts represent a notable segment with about 13% market share, reflecting the early adoption of electrification in material handling equipment. However, other segments such as excavators, loaders, and cranes are catching up rapidly as manufacturers release battery-electric models and construction firms explore green alternatives. Over the next few years, the market is expected to see accelerated adoption across all equipment types, supported by advances in battery technology, falling costs, and the global push toward decarbonizing the construction industry.
This report aims to provide a comprehensive presentation of the global market for Construction Machinery Battery, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Construction Machinery Battery by region & country, by Type, and by Application.
The Construction Machinery Battery market size, estimations, and forecasts are provided in terms of sales volume (MW) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Construction Machinery Battery.
Market Segmentation
By Company
- CATL
- EnerSys
- EVE Energy
- Farasis Energy
- Ruipu Energy
- GS Yuasa
- Hoppecke
- Gotion High-tech
- Resonac
- East Penn Manufacturing
- Midac SpA
- CALB Group
Segment by Type
- Lead-acid Battery
- Lithium-ion Battery
Segment by Application
- Forklift
- Excavating Machinery
- Loading Machinery
- Concrete Machinery
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Construction Machinery Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Construction Machinery Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Construction Machinery Battery in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Construction Machinery Battery Product Introduction
- 1.2 Global Construction Machinery Battery Market Size Forecast
- 1.2.1 Global Construction Machinery Battery Sales Value (2020-2031)
- 1.2.2 Global Construction Machinery Battery Sales Volume (2020-2031)
- 1.2.3 Global Construction Machinery Battery Sales Price (2020-2031)
- 1.3 Construction Machinery Battery Market Trends & Drivers
- 1.3.1 Construction Machinery Battery Industry Trends
- 1.3.2 Construction Machinery Battery Market Drivers & Opportunity
- 1.3.3 Construction Machinery Battery Market Challenges
- 1.3.4 Construction Machinery Battery Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Construction Machinery Battery Players Revenue Ranking (2024)
- 2.2 Global Construction Machinery Battery Revenue by Company (2020-2025)
- 2.3 Global Construction Machinery Battery Players Sales Volume Ranking (2024)
- 2.4 Global Construction Machinery Battery Sales Volume by Company Players (2020-2025)
- 2.5 Global Construction Machinery Battery Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Construction Machinery Battery Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Construction Machinery Battery Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Construction Machinery Battery
- 2.9 Construction Machinery Battery Market Competitive Analysis
- 2.9.1 Construction Machinery Battery Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Construction Machinery Battery Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Construction Machinery Battery as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Lead-acid Battery
- 3.1.2 Lithium-ion Battery
- 3.2 Global Construction Machinery Battery Sales Value by Type
- 3.2.1 Global Construction Machinery Battery Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Construction Machinery Battery Sales Value, by Type (2020-2031)
- 3.2.3 Global Construction Machinery Battery Sales Value, by Type (%) (2020-2031)
- 3.3 Global Construction Machinery Battery Sales Volume by Type
- 3.3.1 Global Construction Machinery Battery Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Construction Machinery Battery Sales Volume, by Type (2020-2031)
- 3.3.3 Global Construction Machinery Battery Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Construction Machinery Battery Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Forklift
- 4.1.2 Excavating Machinery
- 4.1.3 Loading Machinery
- 4.1.4 Concrete Machinery
- 4.1.5 Others
- 4.2 Global Construction Machinery Battery Sales Value by Application
- 4.2.1 Global Construction Machinery Battery Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Construction Machinery Battery Sales Value, by Application (2020-2031)
- 4.2.3 Global Construction Machinery Battery Sales Value, by Application (%) (2020-2031)
- 4.3 Global Construction Machinery Battery Sales Volume by Application
- 4.3.1 Global Construction Machinery Battery Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Construction Machinery Battery Sales Volume, by Application (2020-2031)
- 4.3.3 Global Construction Machinery Battery Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Construction Machinery Battery Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Construction Machinery Battery Sales Value by Region
- 5.1.1 Global Construction Machinery Battery Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Construction Machinery Battery Sales Value by Region (2020-2025)
- 5.1.3 Global Construction Machinery Battery Sales Value by Region (2026-2031)
- 5.1.4 Global Construction Machinery Battery Sales Value by Region (%), (2020-2031)
- 5.2 Global Construction Machinery Battery Sales Volume by Region
- 5.2.1 Global Construction Machinery Battery Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Construction Machinery Battery Sales Volume by Region (2020-2025)
- 5.2.3 Global Construction Machinery Battery Sales Volume by Region (2026-2031)
- 5.2.4 Global Construction Machinery Battery Sales Volume by Region (%), (2020-2031)
- 5.3 Global Construction Machinery Battery Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Construction Machinery Battery Sales Value, 2020-2031
- 5.4.2 North America Construction Machinery Battery Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Construction Machinery Battery Sales Value, 2020-2031
- 5.5.2 Europe Construction Machinery Battery Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Construction Machinery Battery Sales Value, 2020-2031
- 5.6.2 Asia Pacific Construction Machinery Battery Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Construction Machinery Battery Sales Value, 2020-2031
- 5.7.2 South America Construction Machinery Battery Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Construction Machinery Battery Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Construction Machinery Battery Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Construction Machinery Battery Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Construction Machinery Battery Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Construction Machinery Battery Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Construction Machinery Battery Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Construction Machinery Battery Sales Value, 2020-2031
- 6.3.2 United States Construction Machinery Battery Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Construction Machinery Battery Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Construction Machinery Battery Sales Value, 2020-2031
- 6.4.2 Europe Construction Machinery Battery Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Construction Machinery Battery Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Construction Machinery Battery Sales Value, 2020-2031
- 6.5.2 China Construction Machinery Battery Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Construction Machinery Battery Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Construction Machinery Battery Sales Value, 2020-2031
- 6.6.2 Japan Construction Machinery Battery Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Construction Machinery Battery Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Construction Machinery Battery Sales Value, 2020-2031
- 6.7.2 South Korea Construction Machinery Battery Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Construction Machinery Battery Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Construction Machinery Battery Sales Value, 2020-2031
- 6.8.2 Southeast Asia Construction Machinery Battery Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Construction Machinery Battery Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Construction Machinery Battery Sales Value, 2020-2031
- 6.9.2 India Construction Machinery Battery Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Construction Machinery Battery Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 CATL
- 7.1.1 CATL Company Information
- 7.1.2 CATL Introduction and Business Overview
- 7.1.3 CATL Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 CATL Construction Machinery Battery Product Offerings
- 7.1.5 CATL Recent Development
- 7.2 EnerSys
- 7.2.1 EnerSys Company Information
- 7.2.2 EnerSys Introduction and Business Overview
- 7.2.3 EnerSys Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 EnerSys Construction Machinery Battery Product Offerings
- 7.2.5 EnerSys Recent Development
- 7.3 EVE Energy
- 7.3.1 EVE Energy Company Information
- 7.3.2 EVE Energy Introduction and Business Overview
- 7.3.3 EVE Energy Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 EVE Energy Construction Machinery Battery Product Offerings
- 7.3.5 EVE Energy Recent Development
- 7.4 Farasis Energy
- 7.4.1 Farasis Energy Company Information
- 7.4.2 Farasis Energy Introduction and Business Overview
- 7.4.3 Farasis Energy Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Farasis Energy Construction Machinery Battery Product Offerings
- 7.4.5 Farasis Energy Recent Development
- 7.5 Ruipu Energy
- 7.5.1 Ruipu Energy Company Information
- 7.5.2 Ruipu Energy Introduction and Business Overview
- 7.5.3 Ruipu Energy Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Ruipu Energy Construction Machinery Battery Product Offerings
- 7.5.5 Ruipu Energy Recent Development
- 7.6 GS Yuasa
- 7.6.1 GS Yuasa Company Information
- 7.6.2 GS Yuasa Introduction and Business Overview
- 7.6.3 GS Yuasa Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 GS Yuasa Construction Machinery Battery Product Offerings
- 7.6.5 GS Yuasa Recent Development
- 7.7 Hoppecke
- 7.7.1 Hoppecke Company Information
- 7.7.2 Hoppecke Introduction and Business Overview
- 7.7.3 Hoppecke Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Hoppecke Construction Machinery Battery Product Offerings
- 7.7.5 Hoppecke Recent Development
- 7.8 Gotion High-tech
- 7.8.1 Gotion High-tech Company Information
- 7.8.2 Gotion High-tech Introduction and Business Overview
- 7.8.3 Gotion High-tech Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Gotion High-tech Construction Machinery Battery Product Offerings
- 7.8.5 Gotion High-tech Recent Development
- 7.9 Resonac
- 7.9.1 Resonac Company Information
- 7.9.2 Resonac Introduction and Business Overview
- 7.9.3 Resonac Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Resonac Construction Machinery Battery Product Offerings
- 7.9.5 Resonac Recent Development
- 7.10 East Penn Manufacturing
- 7.10.1 East Penn Manufacturing Company Information
- 7.10.2 East Penn Manufacturing Introduction and Business Overview
- 7.10.3 East Penn Manufacturing Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 East Penn Manufacturing Construction Machinery Battery Product Offerings
- 7.10.5 East Penn Manufacturing Recent Development
- 7.11 Midac SpA
- 7.11.1 Midac SpA Company Information
- 7.11.2 Midac SpA Introduction and Business Overview
- 7.11.3 Midac SpA Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Midac SpA Construction Machinery Battery Product Offerings
- 7.11.5 Midac SpA Recent Development
- 7.12 CALB Group
- 7.12.1 CALB Group Company Information
- 7.12.2 CALB Group Introduction and Business Overview
- 7.12.3 CALB Group Construction Machinery Battery Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 CALB Group Construction Machinery Battery Product Offerings
- 7.12.5 CALB Group Recent Development
8 Industry Chain Analysis
- 8.1 Construction Machinery Battery Industrial Chain
- 8.2 Construction Machinery Battery Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Construction Machinery Battery Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Construction Machinery Battery Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer