Global Power Lithium Battery Cans Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Power Lithium Battery Cans market size was valued at US$ 1928 million in 2024 and is forecast to a readjusted size of USD 5451 million by 2031 with a CAGR of 16.2% during review period.
A Power Lithium Battery Can is a critical component of power lithium-ion batteries, primarily used to house and protect the internal battery materials. These cans are typically made of metal, such as aluminum or steel, and are designed to provide a durable and secure enclosure for the battery's electrochemical components, including the anode, cathode, separator, and electrolyte.
The core manufacturers in global Power Lithium Battery Cans market are Kedali Industry, SANGSIN EDP and LT Precision, etc, accounting for 59% market share. Kedali Industry is the world's largest Power Lithium Battery Cans manufacturer, occupying approximately 51% of the market share. From the perspective of product type, Square Type accounted for a share of 79% in the global Power Lithium Battery Cans market. In terms of application, BEV holds the largest share, accounting for 54% share.
The Power Lithium Battery Can market is experiencing significant growth driven by the surge in demand for lithium-ion batteries. Power lithium battery cans, often constructed from materials like aluminum and stainless steel, serve as protective enclosures for battery cells, ensuring structural integrity, shielding components from external impacts, and maintaining the battery’s form factor. With the global shift towards sustainable energy solutions, these cans have become critical in supporting the safety, efficiency, and longevity of lithium-ion batteries.
Key Trends Shaping the Market:
Rising Demand from the Electric Vehicle (EV) Sector: The global push for clean energy is causing an exponential rise in EV production, and as EV batteries require durable, lightweight, and thermally stable materials, the need for advanced power lithium battery cans is expanding. Manufacturers are increasingly focusing on enhancing the material properties of these cans, prioritizing lightweight designs that don’t compromise safety. This push is also spurring research into new materials and alloys to optimize energy density and performance.
Advances in Material Innovation and Manufacturing: Technological advancements are enabling more cost-effective production of lightweight, corrosion-resistant, and highly conductive battery cans. Aluminum remains a popular choice due to its weight-to-strength ratio and thermal properties, but ongoing research is exploring alternative materials that can withstand higher temperatures and improve overall efficiency. As battery technology advances toward higher energy densities, manufacturers are investing in materials and coating technologies to improve thermal resistance and safeguard battery cells under demanding conditions.
Sustainability and Recycling Initiatives: The environmental impact of lithium battery production and disposal is a growing concern, prompting manufacturers to adopt more sustainable practices. Many battery can manufacturers are now designing for recyclability and investigating eco-friendly coatings and materials. Furthermore, regulatory frameworks in regions like Europe and North America are pushing for more sustainable battery production, influencing market players to innovate with greener materials and processes.
Regional Manufacturing Shifts and Supply Chain Optimization: The Asia-Pacific region, especially China, continues to lead in lithium battery production, while Europe and North America are intensifying efforts to localize battery manufacturing. The need for regional supply chain resilience and reduced reliance on imports is prompting investments in local battery can production. This shift aims to meet the demand for electric vehicles, reduce logistical challenges, and adhere to regulatory standards.
Key Challenges of the Market:
High Material Costs and Price Volatility: The production of power lithium battery cans relies heavily on materials like aluminum, stainless steel, and specialized alloys. These materials offer high strength, lightweight properties, and corrosion resistance—essential qualities for battery stability and efficiency. However, fluctuations in raw material prices, especially for metals, have a significant impact on the manufacturing costs of battery cans. Market volatility, driven by factors such as geopolitical tensions and global supply chain disruptions, forces manufacturers to constantly adapt pricing, which can deter smaller companies from entering the market or expanding production capacities.
Technological Complexity and Safety Standards: As batteries with higher energy densities become more common, battery cans must meet rigorous safety and performance standards to contain the energy and manage thermal dynamics effectively. To prevent issues like leakage, explosions, and thermal runaway, battery cans must provide high mechanical integrity, thermal stability, and corrosion resistance. The need for superior safety standards has driven up R&D costs and posed manufacturing complexities, especially as producers strive to create ultra-thin but durable cans. Additionally, enhancing battery can design to keep up with evolving battery technologies presents ongoing challenges for manufacturers.
Regional Competition and Market Entry Barriers: The market is highly competitive, with dominant players primarily located in the Asia-Pacific region, especially China, which leads in battery and component production. This concentration of manufacturing capacity creates high entry barriers for companies in other regions, as they must contend with established regional players and the high costs associated with setting up local manufacturing facilities. The race for advanced manufacturing capabilities and the need for competitive pricing pressures new entrants to deliver both innovation and affordability, making it difficult to capture market share.
Balancing Lightweight Design with Durability: In EVs, lightweighting is essential to increase energy efficiency and vehicle range. Battery cans must balance weight reduction with durability to ensure safety and performance. Achieving this balance without compromising safety and longevity is technically challenging, and often requires advanced alloys or innovative structural designs, which add to production complexity and costs.
This report is a detailed and comprehensive analysis for global Power Lithium Battery Cans market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Power Lithium Battery Cans market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2020-2031
Global Power Lithium Battery Cans market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2020-2031
Global Power Lithium Battery Cans market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2020-2031
Global Power Lithium Battery Cans market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (US$/K Units), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Power Lithium Battery Cans
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Power Lithium Battery Cans market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kedali Industry, SANGSIN EDP, SLAC Precision Equipment, Zhenyu Technology, Red Fairy Precision, JINYANG, Zhengyuan Electronic, LT Precision, Shinheung SEC, Dongwon Systems, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Power Lithium Battery Cans market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Square Type
Cylindrical Type
Market segment by Application
BEV
PHEV
Others
Major players covered
Kedali Industry
SANGSIN EDP
SLAC Precision Equipment
Zhenyu Technology
Red Fairy Precision
JINYANG
Zhengyuan Electronic
LT Precision
Shinheung SEC
Dongwon Systems
Jie Jing Precision
Alcha Aluminium
ZZ electric
Hefei Lixiang
FUJI SPRINGS
SuZhou Sumzone
Jihou Intelligent
YALUXING
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Power Lithium Battery Cans product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Power Lithium Battery Cans, with price, sales quantity, revenue, and global market share of Power Lithium Battery Cans from 2020 to 2025.
Chapter 3, the Power Lithium Battery Cans competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Power Lithium Battery Cans breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Power Lithium Battery Cans market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Power Lithium Battery Cans.
Chapter 14 and 15, to describe Power Lithium Battery Cans sales channel, distributors, customers, research findings and conclusion.
A Power Lithium Battery Can is a critical component of power lithium-ion batteries, primarily used to house and protect the internal battery materials. These cans are typically made of metal, such as aluminum or steel, and are designed to provide a durable and secure enclosure for the battery's electrochemical components, including the anode, cathode, separator, and electrolyte.
The core manufacturers in global Power Lithium Battery Cans market are Kedali Industry, SANGSIN EDP and LT Precision, etc, accounting for 59% market share. Kedali Industry is the world's largest Power Lithium Battery Cans manufacturer, occupying approximately 51% of the market share. From the perspective of product type, Square Type accounted for a share of 79% in the global Power Lithium Battery Cans market. In terms of application, BEV holds the largest share, accounting for 54% share.
The Power Lithium Battery Can market is experiencing significant growth driven by the surge in demand for lithium-ion batteries. Power lithium battery cans, often constructed from materials like aluminum and stainless steel, serve as protective enclosures for battery cells, ensuring structural integrity, shielding components from external impacts, and maintaining the battery’s form factor. With the global shift towards sustainable energy solutions, these cans have become critical in supporting the safety, efficiency, and longevity of lithium-ion batteries.
Key Trends Shaping the Market:
Rising Demand from the Electric Vehicle (EV) Sector: The global push for clean energy is causing an exponential rise in EV production, and as EV batteries require durable, lightweight, and thermally stable materials, the need for advanced power lithium battery cans is expanding. Manufacturers are increasingly focusing on enhancing the material properties of these cans, prioritizing lightweight designs that don’t compromise safety. This push is also spurring research into new materials and alloys to optimize energy density and performance.
Advances in Material Innovation and Manufacturing: Technological advancements are enabling more cost-effective production of lightweight, corrosion-resistant, and highly conductive battery cans. Aluminum remains a popular choice due to its weight-to-strength ratio and thermal properties, but ongoing research is exploring alternative materials that can withstand higher temperatures and improve overall efficiency. As battery technology advances toward higher energy densities, manufacturers are investing in materials and coating technologies to improve thermal resistance and safeguard battery cells under demanding conditions.
Sustainability and Recycling Initiatives: The environmental impact of lithium battery production and disposal is a growing concern, prompting manufacturers to adopt more sustainable practices. Many battery can manufacturers are now designing for recyclability and investigating eco-friendly coatings and materials. Furthermore, regulatory frameworks in regions like Europe and North America are pushing for more sustainable battery production, influencing market players to innovate with greener materials and processes.
Regional Manufacturing Shifts and Supply Chain Optimization: The Asia-Pacific region, especially China, continues to lead in lithium battery production, while Europe and North America are intensifying efforts to localize battery manufacturing. The need for regional supply chain resilience and reduced reliance on imports is prompting investments in local battery can production. This shift aims to meet the demand for electric vehicles, reduce logistical challenges, and adhere to regulatory standards.
Key Challenges of the Market:
High Material Costs and Price Volatility: The production of power lithium battery cans relies heavily on materials like aluminum, stainless steel, and specialized alloys. These materials offer high strength, lightweight properties, and corrosion resistance—essential qualities for battery stability and efficiency. However, fluctuations in raw material prices, especially for metals, have a significant impact on the manufacturing costs of battery cans. Market volatility, driven by factors such as geopolitical tensions and global supply chain disruptions, forces manufacturers to constantly adapt pricing, which can deter smaller companies from entering the market or expanding production capacities.
Technological Complexity and Safety Standards: As batteries with higher energy densities become more common, battery cans must meet rigorous safety and performance standards to contain the energy and manage thermal dynamics effectively. To prevent issues like leakage, explosions, and thermal runaway, battery cans must provide high mechanical integrity, thermal stability, and corrosion resistance. The need for superior safety standards has driven up R&D costs and posed manufacturing complexities, especially as producers strive to create ultra-thin but durable cans. Additionally, enhancing battery can design to keep up with evolving battery technologies presents ongoing challenges for manufacturers.
Regional Competition and Market Entry Barriers: The market is highly competitive, with dominant players primarily located in the Asia-Pacific region, especially China, which leads in battery and component production. This concentration of manufacturing capacity creates high entry barriers for companies in other regions, as they must contend with established regional players and the high costs associated with setting up local manufacturing facilities. The race for advanced manufacturing capabilities and the need for competitive pricing pressures new entrants to deliver both innovation and affordability, making it difficult to capture market share.
Balancing Lightweight Design with Durability: In EVs, lightweighting is essential to increase energy efficiency and vehicle range. Battery cans must balance weight reduction with durability to ensure safety and performance. Achieving this balance without compromising safety and longevity is technically challenging, and often requires advanced alloys or innovative structural designs, which add to production complexity and costs.
This report is a detailed and comprehensive analysis for global Power Lithium Battery Cans market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Power Lithium Battery Cans market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2020-2031
Global Power Lithium Battery Cans market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2020-2031
Global Power Lithium Battery Cans market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2020-2031
Global Power Lithium Battery Cans market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (US$/K Units), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Power Lithium Battery Cans
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Power Lithium Battery Cans market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kedali Industry, SANGSIN EDP, SLAC Precision Equipment, Zhenyu Technology, Red Fairy Precision, JINYANG, Zhengyuan Electronic, LT Precision, Shinheung SEC, Dongwon Systems, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Power Lithium Battery Cans market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Square Type
Cylindrical Type
Market segment by Application
BEV
PHEV
Others
Major players covered
Kedali Industry
SANGSIN EDP
SLAC Precision Equipment
Zhenyu Technology
Red Fairy Precision
JINYANG
Zhengyuan Electronic
LT Precision
Shinheung SEC
Dongwon Systems
Jie Jing Precision
Alcha Aluminium
ZZ electric
Hefei Lixiang
FUJI SPRINGS
SuZhou Sumzone
Jihou Intelligent
YALUXING
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Power Lithium Battery Cans product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Power Lithium Battery Cans, with price, sales quantity, revenue, and global market share of Power Lithium Battery Cans from 2020 to 2025.
Chapter 3, the Power Lithium Battery Cans competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Power Lithium Battery Cans breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Power Lithium Battery Cans market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Power Lithium Battery Cans.
Chapter 14 and 15, to describe Power Lithium Battery Cans sales channel, distributors, customers, research findings and conclusion.
Table of Contents
137 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Power Lithium Battery Cans by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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