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Battery Manufacturing in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON33591CA

Battery Manufacturing in Ontario industry analysis

Revenue for the Battery Manufacturing industry in Ontario is expected to grow an annualized x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Battery Manufacturing in Ontario Market Research Report

What’s Included in the Battery Manufacturing in Ontario Market Research Report

Definition of the Battery Manufacturing in Ontario?

This industry manufactures two types of batteries: primary and secondary. Secondary batteries are also known as rechargeable or storage batteries. Primary batteries have only one life and are not rechargeable. Batteries in Canada have various uses, including in cell phones, medical equipment, households and the automotive and transport sectors.

What’s included in the Battery Manufacturing in Ontario?

The Battery Manufacturing in Ontario includes manufacturing lithium-ion accumulators, making lithium primary batteries, build lead-acid accumulators, manufacturing nickel-iron electric accumulators and making parts of electric accumulators. Related terms covered in the Battery Manufacturing in Ontario industry report includes lithium-ion batteries are rechargeable batteries, commonly used in consumer electronic products, also referred to as secondary or storage batteries, they are batteries that can be recharged and batteries that cannot be recharged after they are used and thus are disposed of once the charge is gone.

Industry Performance of the Battery Manufacturing industry in Ontario

Benchmark the Battery Manufacturing in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Battery Manufacturing in Ontario

#1 in Highest Revenue 30.9% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Battery Manufacturing in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Battery Manufacturing industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, canadian effective exchange rate index, demand from transportation equipment manufacturing and demand from electrical equipment, appliance and component manufacturing are impacting Battery Manufacturing in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Canadian effective exchange rate index
Demand from transportation equipment manufacturing
Demand from electrical equipment, appliance and component manufacturing

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Battery Manufacturing industry in Ontario

Access proprietary data on Census Metropolitan Area in the Battery Manufacturing in Ontario, such as Toronto and St. Catharines - Niagara. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Battery Manufacturing industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Battery Manufacturing industry in Ontario in 2025?

The market size of the Battery Manufacturing industry in Ontario is $149.7m in 2025.

How many businesses are there in the Battery Manufacturing industry in Ontario in 2025?

There are 41 businesses in the Battery Manufacturing industry in Ontario, which has been growing at an average annual rate of 11.3% from 2020 to 2025.

Has the Battery Manufacturing industry in Ontario grown or declined over the past 5 years?

The market size of the Battery Manufacturing industry in Ontario has been growing at an average annual rate of 4.0% from 2020 to 2025.

How many employees in the Battery Manufacturing industry in Ontario in 2025?

There are 450 employees in the Battery Manufacturing industry in Ontario, which has been growing at an average annual rate of 6.5% from 2020 to 2025.