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The electric vehicle (EV) battery market is forecasted to grow by USD 65.22 billion during 2023-2028, accelerating at a CAGR of 20.2% during the forecast period. The report on the electric vehicle (EV) battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for evs and their expanded applications, shift of automotive industry toward EVs, and advances in ev batteries and associated technologies.
The electric vehicle (EV) battery market is segmented as below:
By Type
- Lithium-ion battery
- Lead-acid battery
- Others
By Vehicle Type
- Battery electric vehicle
- Plug-in hybrid electric vehicle
- Hybrid electric vehicle
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the electric vehicle (EV) battery market covers the following areas:
- Electric vehicle (EV) battery market sizing
- Electric vehicle (EV) battery market forecast
- Electric vehicle (EV) battery market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global electric vehicle (EV) battery market: A123 Systems LLC, Ballard Power Systems Inc., BYD Co. Ltd., CLARIOS LLC, Crown Battery Manufacturing Co., Cummins Inc., East Penn Manufacturing Co. Inc., EnerSys, Enertech International Inc., Envision Group, Exide Industries Ltd., GS Yuasa International Ltd., Hitachi Ltd., LG Chem Ltd., OptimumNano Energy Co. Ltd., Panasonic Holdings Corp., Samsung SDI Co. Ltd., SK Innovation Co. Ltd., Solid Power Inc., Tianneng Group, and Zhejiang Narada Power Source Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing use of software and sensors for intelligent BMS."
According to the report, one of the major drivers for this market is the increasing demand for EVs and their expanded applications.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A123 Systems LLC
- Ballard Power Systems Inc.
- BYD Co. Ltd.
- CLARIOS LLC
- Crown Battery Manufacturing Co.
- Cummins Inc.
- East Penn Manufacturing Co. Inc.
- EnerSys
- Enertech International Inc.
- Envision Group
- Exide Industries Ltd.
- GS Yuasa International Ltd.
- Hitachi Ltd.
- LG Chem Ltd.
- OptimumNano Energy Co. Ltd.
- Panasonic Holdings Corp.
- Samsung SDI Co. Ltd.
- SK Innovation Co. Ltd.
- Solid Power Inc.
- Tianneng Group
- Zhejiang Narada Power Source Co. Ltd.
