Top 30 Companies Vietnam Battery Market in (2025-2033): Metastat Insights Analysis

The Vietnam Battery Market is valued at USD 1,743 Million in 2025 and is projected to reach USD 3,448.7 Million by 2033, growing at a CAGR of 8.9%. This market encompasses various battery types including Lead-Acid, Lithium-Ion, Nickel-Metal Hydride, and others, serving applications in automotive, consumer electronics, and energy storage systems. The increasing demand for electric vehicles and renewable energy solutions drives market growth, supported by technological advancements and government initiatives.

Battery manufacturers are adapting to the evolving conditions, focusing on innovation and sustainability to meet market needs. Key trends include the expansion of production capabilities and the development of advanced battery technologies, which enhance performance and efficiency.

Vietnam Battery Market Size, Data, & Statistics

The Vietnam Battery Market size in 2021 was USD 1,253.4 Million, reflecting a growing demand across various sectors. The value increased to USD 1,353.7 Million in 2022 and USD 1,479.5 Million in 2023. In 2024, it is projected to reach USD 1,595.1 Million.

According to forecasts, the market size will reach USD 1,743 Million in 2025, signifying substantial growth. By 2026, the market is expected to grow to USD 1,903.2 Million, and by 2027, it will reach USD 2,075.9 Million.

The market's forecast for 2033 stands at USD 3,448.7 Million, indicating significant potential for expansion. The compound annual growth rate (CAGR) from 2025 to 2033 is anticipated to be 8.9%, highlighting a promising future for the Vietnam Battery sector.

Regional shares of battery types indicate that Lead-Acid Batteries constitute 39.7%, followed by Lithium-Ion Batteries at 35.9%. Other notable shares include Nickel-Metal Hydride Batteries at 5.3%, Nickel-Cadmium Batteries at 3.1%, Alkaline Batteries at 6.7%, Zinc-Carbon Batteries at 4.4%, Primary Lithium Batteries at 3.6%, and others, including Silver-Oxide and Zinc-Air Batteries at 1.3%.

Top 10 Trends in the Vietnam Battery Market

Focus on sustainability

Battery manufacturers prioritize sustainable production methods to minimize environmental impact. This shift includes the use of recyclable materials and eco-friendly processes, aligning with global sustainability goals.

Advancements in battery technology

Continuous innovation leads to the development of high-capacity and long-lasting batteries. These advancements enhance the performance of electric vehicles and portable devices, which drives consumer demand.

Growth of electric vehicles

The surge in electric vehicle adoption is a key driver in the battery market. Increased government regulations and incentives support the transition to cleaner transportation options, boosting battery sales.

Smart battery management systems

Integration of smart battery management systems enhances battery life and efficiency. These systems allow for real-time monitoring and optimization, ensuring better performance across applications.

Increased competition among manufacturers

The battery market witnesses heightened competition, pushing companies to innovate and reduce costs. This competitive environment fosters better products for consumers and businesses.

Expansion of production facilities

Manufacturers are expanding their production capabilities to meet growing demand. This includes building new plants and upgrading existing facilities to enhance output and efficiency.

Investment in research and development

Significant investments in research and development propel advancements in battery technology. Companies focus on developing new materials and chemistries to improve battery performance.

Regulatory support for renewable energy

Government policies increasingly support the integration of renewable energy sources. This regulatory backing enhances the demand for energy storage solutions, benefiting the battery market.

Shift towards lithium-ion batteries

A noticeable shift towards lithium-ion batteries occurs due to their high energy density and efficiency. This trend is evident in various sectors, including automotive and consumer electronics.

Rising consumer electronics demand

The growing demand for consumer electronics drives battery sales. As technology advances, consumers seek devices with longer battery life and enhanced performance, influencing market dynamics.

Top 30 Companies in the Vietnam Battery Market

1. BYD Co Ltd

Headquarters: Shenzhen, China · Founded: 1995. BYD Co Ltd specializes in manufacturing rechargeable batteries and electric vehicles. The company focuses on innovation and sustainable energy solutions, meeting the increasing demand for environmentally friendly transportation.

BYD supplies various battery technologies to the Vietnam Battery Market, including lithium-ion and lead-acid batteries. Its commitment to technological advancement and sustainability positions it as a significant player in the industry.

2. Contemporary Amperex Technology Co., Limited (CATL)

Headquarters: Ningde, China · Founded: 2011. CATL is a leading battery manufacturer known for its advanced lithium-ion batteries. The company focuses on research and innovation to enhance battery performance and energy density.

CATL supplies batteries for electric vehicles and energy storage systems, contributing to the growth of the Vietnam Battery Market. Its strong commitment to sustainability and technological leadership supports its market presence.

3. CSB Energy Technology (Vietnam) Co., Ltd.

Headquarters: Hanoi, Vietnam · Founded: 2001. CSB Energy Technology specializes in designing and manufacturing various battery types, including lead-acid and gel batteries. The company focuses on providing reliable power solutions across industries.

CSB Energy supplies batteries for applications such as telecommunications, renewable energy systems, and security systems. Its dedication to quality and innovation has established a strong reputation in the Vietnam Battery Market.

4. Dry Cell and Storage Battery Joint Stock Company (PINACO)

Headquarters: Ho Chi Minh City, Vietnam · Founded: 1968. PINACO is one of the most established manufacturers in Vietnam, specializing in dry cell batteries and storage batteries. The company aims to provide high-quality energy solutions tailored to local market needs.

PINACO's diverse product range includes batteries for consumer electronics, automotive, and industrial applications. Its commitment to quality and innovation has positioned it as a trusted brand in the Vietnam Battery Market.

5. Energizer Holdings, Inc.

Headquarters: St. Louis, USA · Founded: 1896. Energizer Holdings is a global leader in portable power solutions, known for its alkaline and lithium batteries. The company emphasizes innovation and sustainability in its product development.

Energizer supplies batteries for various consumer electronics and household applications in the Vietnam Battery Market. Its reputation for reliability and performance makes it a preferred choice for consumers.

6. EnerSys

Headquarters: Reading, USA · Founded: 2000. EnerSys specializes in stored energy solutions, providing lead-acid and lithium-ion batteries for various applications. The company focuses on delivering high-quality products and services to meet customer needs.

EnerSys plays a significant role in the Vietnam Battery Market by supplying batteries for telecommunications, industrial, and renewable energy applications. Its commitment to innovation and customer service enhances its market position.

7. Eni-Florence Vietnam Co Ltd

Headquarters: Not disclosed. Eni-Florence Vietnam focuses on manufacturing batteries for automotive and industrial applications. The company's products are known for their reliability and performance.

Eni-Florence's commitment to quality and innovation contributes to its presence in the Vietnam Battery Market. The company aims to provide efficient energy solutions that meet the evolving needs of customers.

8. Exide Industries

Headquarters: Kolkata, India · Founded: 1947. Exide Industries is a prominent battery manufacturer specializing in lead-acid batteries for various applications. The company emphasizes technological advancement and quality in its product offerings.

Exide supplies batteries for automotive, industrial, and renewable energy sectors in the Vietnam Battery Market. Its extensive experience and commitment to quality position it as a reliable choice for consumers.

9. Furukawa Battery

Headquarters: Tokyo, Japan · Founded: 1950. Furukawa Battery is known for its wide range of battery products, including lead-acid and lithium-ion batteries. The company focuses on innovation and sustainability in its manufacturing processes.

Furukawa supplies batteries for automotive, industrial, and renewable energy applications in the Vietnam Battery Market. Its dedication to quality and performance makes it a respected player in the industry.

10. Gotion High-Tech Co., Ltd.

Headquarters: Hefei, China · Founded: 1995. Gotion High-Tech specializes in lithium-ion battery manufacturing and energy storage solutions. The company prioritizes research and development to enhance battery efficiency and sustainability.

Gotion supplies advanced battery technologies to the Vietnam Battery Market, contributing to the growth of electric vehicles and renewable energy systems. Its commitment to innovation positions it favorably in the competitive environment.

11. GP Batteries (Vietnam) LLC

Headquarters: Ho Chi Minh City, Vietnam · Founded: 1991. GP Batteries is a well-known manufacturer of primary and rechargeable batteries. The company focuses on providing innovative energy solutions for consumer and industrial sectors.

GP Batteries supplies a variety of battery products for electronics, toys, and household devices in the Vietnam Battery Market. Its emphasis on quality and customer satisfaction enhances its competitive edge.

12. GS Battery Vietnam Co., Ltd.

Headquarters: Hanoi, Vietnam · Founded: 1996. GS Battery Vietnam specializes in lead-acid battery manufacturing for automotive and industrial applications. The company focuses on quality and performance, ensuring reliability for its customers.

GS Battery Vietnam's products are integral to the automotive sector, providing dependable energy solutions. Its commitment to innovation and market responsiveness reinforces its position in the Vietnam Battery Market.

13. Heng Li (Vietnam) Battery Technology Co Ltd

Headquarters: Not disclosed. Heng Li focuses on manufacturing batteries for automotive and industrial applications. The company emphasizes quality and technological advancement in its product offerings.

Heng Li's commitment to providing reliable energy solutions positions it competitively in the Vietnam Battery Market. Its products are designed to meet the diverse needs of various sectors.

14. HW Energy Company Limited

Headquarters: Not disclosed. HW Energy specializes in energy storage solutions and battery manufacturing. The company focuses on innovation and sustainability to meet market demands.

HW Energy's products support various applications, contributing to the growth of the Vietnam Battery Market. The company's commitment to quality and efficiency enhances its reputation among customers.

15. KIJO Battery VN Co., Ltd.

Headquarters: Ho Chi Minh City, Vietnam · Founded: 2008. KIJO Battery focuses on manufacturing batteries for motorcycles and electric vehicles. The company emphasizes quality and performance to cater to local market needs.

KIJO Battery's products contribute to the growing demand for electric mobility solutions in the Vietnam Battery Market. Its innovative approach positions it as a key player in the industry.

16. Le Long Vietnam Co., Ltd. (Kung Long Batteries)

Headquarters: Ho Chi Minh City, Vietnam · Founded: 1993. Le Long Vietnam, known for its Kung Long Batteries brand, specializes in lead-acid battery manufacturing. The company aims to provide reliable energy solutions for various applications.

Le Long Vietnam's products are widely used in automotive, industrial, and telecommunications sectors. Its commitment to quality and innovation enhances its presence in the Vietnam Battery Market.

17. Leoch International Technology Limited

Headquarters: Hong Kong, China · Founded: 1999. Leoch International specializes in producing lead-acid and lithium batteries for multiple applications. The company focuses on technological innovation and sustainability.

Leoch's diverse product range serves various sectors, including automotive, telecommunications, and renewable energy in the Vietnam Battery Market. Its commitment to quality and customer satisfaction reinforces its competitive position.

18. NPP Power (Vietnam) Co., Ltd.

Headquarters: Not disclosed. NPP Power focuses on manufacturing batteries for renewable energy storage and backup applications. The company emphasizes sustainability and innovation in its production processes.

NPP Power's products contribute to the growth of the Vietnam Battery Market by providing efficient energy solutions. Its commitment to quality and environmental responsibility positions it favorably among customers.

19. Panasonic Energy Vietnam

Headquarters: Ho Chi Minh City, Vietnam · Founded: 2017. Panasonic Energy Vietnam specializes in lithium-ion battery manufacturing for various applications, including electric vehicles and consumer electronics. The company focuses on innovation and technological advancement.

Panasonic Energy's commitment to quality and sustainability enhances its position in the Vietnam Battery Market. Its products are integral to the growing demand for advanced energy solutions.

20. Power Plus Technologies Vietnam

Headquarters: Not disclosed. Power Plus Technologies specializes in manufacturing batteries for renewable energy and backup applications. The company emphasizes innovation and quality in its products.

Power Plus Technologies' products contribute significantly to the Vietnam Battery Market by providing reliable energy solutions. Its commitment to technological advancement positions it competitively in the industry.

21. Ritar Power (Vietnam) Co Ltd

Headquarters: Ho Chi Minh City, Vietnam · Founded: 2002. Ritar Power specializes in lead-acid and lithium-ion battery manufacturing for various applications. The company focuses on providing high-quality products to meet market demands.

Ritar Power's batteries are widely used in telecommunications, renewable energy, and industrial sectors in the Vietnam Battery Market. Its commitment to quality and customer satisfaction enhances its market presence.

22. Saite Power Source (Vietnam) Co., Ltd.

Headquarters: Not disclosed. Saite Power Source focuses on manufacturing batteries for consumer electronics and automotive applications. The company emphasizes quality and innovation in its product offerings.

Saite Power Source's commitment to providing reliable and efficient energy solutions supports its presence in the Vietnam Battery Market. Its products aim to meet the evolving needs of customers.

23. Samsung SDI Vietnam Co., Ltd.

Headquarters: Ho Chi Minh City, Vietnam · Founded: 2014. Samsung SDI specializes in lithium-ion battery production for various applications, focusing on electric vehicles and energy storage systems. The company is committed to technological innovation and sustainability.

Samsung SDI's batteries play a significant role in the Vietnam Battery Market, supporting the growing demand for renewable energy and electric mobility solutions. Its focus on quality enhances its competitive position.

24. Shenzhen Desay Battery Technology Co., Ltd.

Headquarters: Shenzhen, China · Founded: 1995. Shenzhen Desay specializes in battery manufacturing for consumer electronics and automotive applications. The company focuses on innovation and quality in its product offerings.

Shenzhen Desay's products contribute to the growing demand for reliable energy solutions in the Vietnam Battery Market. Its commitment to customer satisfaction enhances its market presence.

25. Shenzhen Highpower Technology Co., Ltd.

Headquarters: Shenzhen, China · Founded: 2001. Shenzhen Highpower specializes in lithium-ion battery production and energy storage systems. The company emphasizes technological advancement and sustainability in its manufacturing processes.

Shenzhen Highpower's commitment to quality and innovation positions it favorably in the Vietnam Battery Market, supporting diverse applications across various sectors.

26. Sunwoda Electronic Co., Ltd.

Headquarters: Shenzhen, China · Founded: 2004. Sunwoda specializes in lithium-ion battery manufacturing and energy storage solutions. The company focuses on innovation and technological advancement to meet market demands.

Sunwoda's products are integral to the growth of the Vietnam Battery Market, supporting the demand for sustainable energy solutions and advanced technologies.

27. Tia Sang Battery JSC

Headquarters: Hanoi, Vietnam · Founded: 1986. Tia Sang Battery specializes in lead-acid battery manufacturing for automotive and industrial applications. The company emphasizes quality and reliability in its products.

Tia Sang's batteries contribute to the automotive and industrial sectors in the Vietnam Battery Market. Its commitment to customer satisfaction and innovation enhances its competitive position.

28. Tianneng Battery Group Co., Ltd.

Headquarters: Huzhou, China · Founded: 1986. Tianneng Battery is a leading manufacturer of lead-acid and lithium-ion batteries. The company focuses on innovation and quality to meet diverse market needs.

Tianneng's products support various applications in the Vietnam Battery Market, including automotive and renewable energy sectors. Its commitment to sustainability strengthens its market position.

29. VinES Energy Solutions JSC

Headquarters: Hanoi, Vietnam · Founded: 2018. VinES Energy Solutions specializes in lithium-ion battery manufacturing for renewable energy storage and electric vehicles. The company is committed to innovation and sustainability.

VinES Energy's products play a critical role in the Vietnam Battery Market, supporting the growing demand for energy storage solutions. Its focus on quality and performance enhances its competitive edge.

30. VinFast Auto Ltd. (VinFast Energy)

Headquarters: Hanoi, Vietnam · Founded: 2017. VinFast Auto focuses on electric vehicles and battery manufacturing. The company aims to provide advanced energy solutions tailored to the local market.

VinFast Energy's commitment to innovation and sustainability supports the growth of the Vietnam Battery Market. Its products are designed to meet the increasing demand for electric mobility solutions.

Conclusion

The Vietnam Battery Market is poised for significant growth, driven by increasing demand for electric vehicles and renewable energy solutions. The diverse range of companies, from established manufacturers to innovative startups, highlights the competitive nature of this market.

Investors and stakeholders can explore opportunities within this expanding market, focusing on collaborations and advancements in battery technology. The list of Vietnam Battery companies reflects a strong commitment to innovation and sustainability, indicating a promising future for the industry.