North America Automotive Battery Pack & Module Market to Flourish at a CAGR of Around 9.27% During 2026-32

The North America automotive battery pack & module market was valued at USD 2.38 billion in 2025 and is projected to grow from USD 3.22 billion in 2026 to USD 5.48 billion by 2032, registering a CAGR of 9.27% during 2026–2032. The market is being supported by rising electric vehicle production, growing demand for high-capacity battery systems, and continued investment in regional battery manufacturing.

Rising EV production is strengthening demand for integrated battery systems across North America. In 2025, electric-car production in the region increased 10% year over year, while Mexico’s EV production grew nearly 5%. Additionally, U.S. electric-car sales reached approximately 1.5 million units, with battery-electric vehicles representing nearly 70% of electric-car sales. Larger vehicles are also increasing battery content, with U.S. average BEV battery capacity reaching approximately 90 kWh in 2025.

In parallel, repurposing EV battery manufacturing capacity for energy storage applications is emerging as a key trend. In August 2026, LG Energy Solution announced that five of its eight North American battery factories were expected to produce ESS batteries by the end of 2026, targeting 50 GWh of ESS production capacity in the region. Samsung SDI is also redirecting its Indiana facility toward ESS applications, enabling manufacturers to improve factory utilization and diversify revenue streams.

Geographically, the US commands approximately 78% share in 2026, supported by high EV sales, larger vehicle formats, higher battery capacities, and expanding domestic manufacturing. Additionally, Panasonic Energy’s Kansas facility began mass production in July 2025 with approximately 32 GWh of annual capacity. Meanwhile, the market remains highly fragmented, with the top five players collectively accounting for approximately 10% share, including Panasonic Energy, Samsung SDI, LG Energy Solution, SK On, and Contemporary Amperex Technology. These trends are highlighted in the latest report, "North America Automotive Battery Pack & Module Market Analysis, 2026."

North America Automotive Battery Pack & Module Market Highlights

The North America Automotive Battery Pack & Module market was valued at USD 2.38 billion in 2025 and is projected to reach USD 3.22 billion in 2026, further expanding to USD 5.48 billion by 2032.
The market is projected to register a CAGR of 9.27% during 2026–2032, supported by rising electric vehicle production, growing demand for high-capacity battery systems, and continued investment in regional battery manufacturing.
The US holds the leading position with approximately 78% market share in 2026, supported by approximately 1.5 million electric-car sales in 2025, larger vehicle formats, average US BEV battery capacity of approximately 90 kWh, and expanding domestic battery production.
By vehicle type, passenger cars account for approximately 70% share in 2026, supported by increasing electrification and rising battery content. In 2025, 22% of US light-duty vehicle sales were hybrid, battery electric, or plug-in hybrid vehicles.
By battery chemistry, lithium nickel manganese cobalt oxide accounts for approximately 58% share in 2026, supported by its higher energy density, driving range, and performance characteristics, making it suitable for larger electric vehicles and long-range applications.
The North America Automotive Battery Pack & Module industry is highly fragmented, with the top five players Panasonic Energy Co., Ltd., Samsung SDI Co., Ltd., LG Energy Solution Ltd., SK On Co., Ltd., and Contemporary Amperex Technology Co., Limited collectively accounting for approximately 10% of the market.

North America Automotive Battery Pack & Module Market Segmentation

By Battery Product Type
- Battery Modules
- Battery Packs
By Vehicle Type
- Passenger Cars
- Light Commercial Vehicles
- Medium-Duty Vehicles
- Heavy-Duty Vehicles
- Buses
By Propulsion Type
- Battery Electric Vehicles
- Plug-in Hybrid Electric Vehicles
- Hybrid Electric Vehicles
By Battery Chemistry
- Lithium Iron Phosphate
- Lithium Nickel Manganese Cobalt Oxide
- Lithium Nickel Cobalt Aluminum Oxide
- Nickel-Metal Hydride
- Lithium Titanate Oxide
- Other
By Battery Capacity
- Below 40 kWh
- 40–80 kWh
- 80–150 kWh
- Above 150 kWh
By Sales Channel
- OEM Supply
- Replacement/Aftermarket
By Country
- United States
- Canada
- Mexico