Electric Vehicle Batteries: Key Technologies, Segment Analysis & Market Forecasts 2022-2027

The new EV (Electric Vehicle) Batteries research report provides a highly detailed analysis of this rapidly growing market. This assessment examines the different technologies growing within the EV battery space, including lithium-ion, solid-state and others, and a regional analysis of EV battery production and vehicle uptake.

The report also presents extensive market forecasts; delivering detailed insights and market sizing across EV batteries, split by consumer and commercial vehicles, and the volume of shipments and associated hardware spend. The suite also includes forecasts for EV and PHEV (Plug-in Hybrid) adoption, again split by consumer and commercial. The report also positions 15 EV battery vendors in the Competitor Leaderboard; providing an invaluable resource for stakeholders seeking to understand the competitive landscape of this dynamic market.

This research suite comprises:

• Strategy & Forecasts (PDF)
• 5-year Market Sizing & Forecast Spreadsheet (Excel)
• 12 months’ access to harvest Online Data Platform

Key Market Statistics

Market size in 2022:

• $32.7bn

Market size in 2027:

• $80.0bn

2022 to 2027 CAGR:

• 19.60%

Key Features

Market Dynamics: Detailed assessment of how different trends and concerns amongst consumers are leading to the greater adoption of EVs, and how EV batteries must evolve to serve user needs.

Battery Technology Analysis: Analysis of existing and emerging EV battery technologies and their potential going forward, including:

• Lead-acid
• Lithium-ion
• Nickel-metal Hydride
• Solid-state
• Ultracapacitors
• Zebra

The Competitor Leaderboard: Key player capability and capacity assessment for 15 EV battery vendors:

• Automotive Energy Supply Corporation
• BYD
• China Aviation Lithium Battery
• Contemporary Amperex Technology Co. Limited
• Deutsche Accumotive
• Electrovaya
• LG Chem
• Panasonic
• Samsung SDI
• SK Innovation
• Tianjin Lishen Battery Joint-Stock
• Tianneng
• Toshiba
• Verkor
• Wanxiang Group

Benchmark Industry Forecasts: 5-year forecasts for EV batteries, split by consumer and commercial vehicles, and the volume of shipments and associated hardware spend. The suite also includes forecasts for EV and PHEV adoption, again split by consumer and commercial. Data is also split by our 8 key regions and the 60 countries listed below:

• Algeria
• Argentina
• Australia
• Austria
• Bangladesh
• Belgium
• Brazil
• Canada
• Chile
• China
• Colombia
• Croatia
• Czech Republic
• Denmark
• Ecuador
• Egypt
• Finland
• France
• Germany
• Greece
• Hong Kong
• Hungary
• India
• Indonesia
• Ireland
• Israel
• Italy
• Japan
• Kenya
• Kuwait
• Malaysia
• Mexico
• Nepal
• Netherlands
• New Zealand
• Nigeria
• Norway
• Pakistan
• Peru
• Philippines
• Poland
• Portugal
• Qatar
• Romania
• Russia
• Saudi Arabia
• Singapore
• South Africa
• South Korea
• Spain
• Sweden
• Switzerland
• Thailand
• Turkey
• UK
• Ukraine
• United Arab Emirates
• Uruguay
• US
• Vietnam

Key Questions Answered

• Which battery technologies will power future electric mobility forwards?
• What are the key trends influencing the evolution of EV batteries?
• What are the main challenges in the EV battery space?
• Who are the leading players in EV battery manufacturing and development?
• What will the market size for EV batteries be in 2027?

The Electric Vehicle Batteries forecast suite includes:

Forecast splits for 8 key regions, as well as 60 country-level data splits for:

• Forecasts provided for EV battery adoption, split by consumer and commercial vehicles, and the volume of shipments and associated hardware spend. The suite also includes forecasts for EV and PHEV adoption, again split by consumer and commercial.
• Interactive scenario tool allowing users to manipulate the data for 4 different metrics.
• Access to the full set of forecast data of 45 tables and more than 20,000 datapoints.

Geographical splits: 60 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.