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Electric Vehicle (EV) Battery Market 2025-2029

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    Report

  • 225 Pages
  • February 2025
  • Region: Global
  • TechNavio
  • ID: 5017669
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The electric vehicle (EV) battery market is forecasted to grow by USD 75.35 billion during 2024-2029, accelerating at a CAGR of 20% 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.

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 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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

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 Capacity

  • Medium capacity batteries
  • High capacity batteries
  • Low capacity batteries

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the increasing use of software and sensors for intelligent BMS as one of the prime reasons driving the electric vehicle (EV) battery market growth during the next few years. Also, EV charging with v2g technology and revision in safety standards of lithium-ion batteries will lead to sizable demand in the market.

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
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle (EV) battery market vendors that include 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. Also, the electric vehicle (EV) battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 primary and secondary research. 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 accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Market Segmentation by Capacity
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Electric Vehicle (EV) Battery Market 2019 - 2023
Historic Market Size - Data Table on Global Electric Vehicle (EV) Battery Market 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 Vehicle Type segment analysis 2019 - 2023
Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
5.4 Capacity segment analysis 2019 - 2023
Historic Market Size - Capacity Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on the Global Electric Vehicle (EV) Battery Market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Lithium-ion battery - Market size and forecast 2024-2029
Chart on Lithium-ion battery - Market size and forecast 2024-2029 ($ million)
Data Table on Lithium-ion battery - Market size and forecast 2024-2029 ($ million)
Chart on Lithium-ion battery - Year-over-year growth 2024-2029 (%)
Data Table on Lithium-ion battery - Year-over-year growth 2024-2029 (%)
8.4 Lead-acid battery - Market size and forecast 2024-2029
Chart on Lead-acid battery - Market size and forecast 2024-2029 ($ million)
Data Table on Lead-acid battery - Market size and forecast 2024-2029 ($ million)
Chart on Lead-acid battery - Year-over-year growth 2024-2029 (%)
Data Table on Lead-acid battery - Year-over-year growth 2024-2029 (%)
8.5 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Vehicle Type
9.1 Market segments
Chart on Vehicle Type - Market share 2024-2029 (%)
Data Table on Vehicle Type - Market share 2024-2029 (%)
9.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
9.3 Battery electric vehicle - Market size and forecast 2024-2029
Chart on Battery electric vehicle - Market size and forecast 2024-2029 ($ million)
Data Table on Battery electric vehicle - Market size and forecast 2024-2029 ($ million)
Chart on Battery electric vehicle - Year-over-year growth 2024-2029 (%)
Data Table on Battery electric vehicle - Year-over-year growth 2024-2029 (%)
9.4 Plug-in hybrid electric vehicle - Market size and forecast 2024-2029
Chart on Plug-in hybrid electric vehicle - Market size and forecast 2024-2029 ($ million)
Data Table on Plug-in hybrid electric vehicle - Market size and forecast 2024-2029 ($ million)
Chart on Plug-in hybrid electric vehicle - Year-over-year growth 2024-2029 (%)
Data Table on Plug-in hybrid electric vehicle - Year-over-year growth 2024-2029 (%)
9.5 Hybrid electric vehicle - Market size and forecast 2024-2029
Chart on Hybrid electric vehicle - Market size and forecast 2024-2029 ($ million)
Data Table on Hybrid electric vehicle - Market size and forecast 2024-2029 ($ million)
Chart on Hybrid electric vehicle - Year-over-year growth 2024-2029 (%)
Data Table on Hybrid electric vehicle - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ million)
Data Table on Market opportunity by Vehicle Type ($ million)
10 Market Segmentation by Capacity
10.1 Market segments
Chart on Capacity - Market share 2024-2029 (%)
Data Table on Capacity - Market share 2024-2029 (%)
10.2 Comparison by Capacity
Chart on Comparison by Capacity
Data Table on Comparison by Capacity
10.3 Medium capacity batteries - Market size and forecast 2024-2029
Chart on Medium capacity batteries - Market size and forecast 2024-2029 ($ million)
Data Table on Medium capacity batteries - Market size and forecast 2024-2029 ($ million)
Chart on Medium capacity batteries - Year-over-year growth 2024-2029 (%)
Data Table on Medium capacity batteries - Year-over-year growth 2024-2029 (%)
10.4 High capacity batteries - Market size and forecast 2024-2029
Chart on High capacity batteries - Market size and forecast 2024-2029 ($ million)
Data Table on High capacity batteries - Market size and forecast 2024-2029 ($ million)
Chart on High capacity batteries - Year-over-year growth 2024-2029 (%)
Data Table on High capacity batteries - Year-over-year growth 2024-2029 (%)
10.5 Low capacity batteries - Market size and forecast 2024-2029
Chart on Low capacity batteries - Market size and forecast 2024-2029 ($ million)
Data Table on Low capacity batteries - Market size and forecast 2024-2029 ($ million)
Chart on Low capacity batteries - Year-over-year growth 2024-2029 (%)
Data Table on Low capacity batteries - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Capacity
Market opportunity by Capacity ($ million)
Data Table on Market opportunity by Capacity ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.9 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.10 Norway - Market size and forecast 2024-2029
Chart on Norway - Market size and forecast 2024-2029 ($ million)
Data Table on Norway - Market size and forecast 2024-2029 ($ million)
Chart on Norway - Year-over-year growth 2024-2029 (%)
Data Table on Norway - Year-over-year growth 2024-2029 (%)
12.11 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.12 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.13 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.14 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ million)
Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.15 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.16 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.17 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
Companies covered
15.2 Company ranking index
Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 A123 Systems LLC
A123 Systems LLC - Overview
A123 Systems LLC - Product / Service
A123 Systems LLC - Key offerings
SWOT
15.5 Ballard Power Systems Inc.
Ballard Power Systems Inc. - Overview
Ballard Power Systems Inc. - Product / Service
Ballard Power Systems Inc. - Key offerings
SWOT
15.6 BYD Co. Ltd.
ByD Co. Ltd. - Overview
ByD Co. Ltd. - Business segments
ByD Co. Ltd. - Key news
ByD Co. Ltd. - Key offerings
ByD Co. Ltd. - Segment focus
SWOT
15.7 CLARIOS LLC
CLARIOS LLC - Overview
CLARIOS LLC - Product / Service
CLARIOS LLC - Key news
CLARIOS LLC - Key offerings
SWOT
15.8 Crown Battery Manufacturing Co.
Crown Battery Manufacturing Co. - Overview
Crown Battery Manufacturing Co. - Product / Service
Crown Battery Manufacturing Co. - Key offerings
SWOT
15.9 Cummins Inc.
Cummins Inc. - Overview
Cummins Inc. - Business segments
Cummins Inc. - Key news
Cummins Inc. - Key offerings
Cummins Inc. - Segment focus
SWOT
15.10 EnerSys
EnerSys - Overview
EnerSys - Business segments
EnerSys - Key news
EnerSys - Key offerings
EnerSys - Segment focus
SWOT
15.11 Enertech International Inc.
Enertech International Inc. - Overview
Enertech International Inc. - Product / Service
Enertech International Inc. - Key offerings
SWOT
15.12 Exide Industries Ltd.
Exide Industries Ltd. - Overview
Exide Industries Ltd. - Product / Service
Exide Industries Ltd. - Key news
Exide Industries Ltd. - Key offerings
SWOT
15.13 GS Yuasa International Ltd.
GS Yuasa International Ltd. - Overview
GS Yuasa International Ltd. - Business segments
GS Yuasa International Ltd. - Key news
GS Yuasa International Ltd. - Key offerings
GS Yuasa International Ltd. - Segment focus
SWOT
15.14 LG Chem Ltd.
LG Chem Ltd. - Overview
LG Chem Ltd. - Business segments
LG Chem Ltd. - Key news
LG Chem Ltd. - Key offerings
LG Chem Ltd. - Segment focus
SWOT
15.15 OptimumNano Energy Co. Ltd.
OptimumNano Energy Co. Ltd. - Overview
OptimumNano Energy Co. Ltd. - Product / Service
OptimumNano Energy Co. Ltd. - Key offerings
SWOT
15.16 Panasonic Holdings Corp.
Panasonic Holdings Corp. - Overview
Panasonic Holdings Corp. - Business segments
Panasonic Holdings Corp. - Key news
Panasonic Holdings Corp. - Key offerings
Panasonic Holdings Corp. - Segment focus
SWOT
15.17 Samsung SDI Co. Ltd.
Samsung SDI Co. Ltd. - Overview
Samsung SDI Co. Ltd. - Business segments
Samsung SDI Co. Ltd. - Key news
Samsung SDI Co. Ltd. - Key offerings
Samsung SDI Co. Ltd. - Segment focus
SWOT
15.18 Zhejiang Narada Power Source Co. Ltd.
Zhejiang Narada Power Source Co. Ltd. - Overview
Zhejiang Narada Power Source Co. Ltd. - Business segments
Zhejiang Narada Power Source Co. Ltd. - Key offerings
Zhejiang Narada Power Source Co. Ltd. - Segment focus
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
Research methodology
16.5 Data procurement
Information sources
16.6 Data validation
Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 7: Executive Summary - Chart on Market Segmentation by Capacity
Exhibits 8: Executive Summary - Chart on Incremental Growth
Exhibits 9: Executive Summary - Data Table on Incremental Growth
Exhibits 10: Executive Summary - Chart on Company Market Positioning
Exhibits 11: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 12: Overview on criticality of inputs and factors of differentiation
Exhibits 13: Overview on factors of disruption
Exhibits 14: Impact of drivers and challenges in 2024 and 2029
Exhibits 15: Parent Market
Exhibits 16: Data Table on - Parent Market
Exhibits 17: Market characteristics analysis
Exhibits 18: Value chain analysis
Exhibits 19: Offerings of companies included in the market definition
Exhibits 20: Market segments
Exhibits 21: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 22: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 24: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Historic Market Size - Data Table on Global Electric Vehicle (EV) Battery Market 2019 - 2023 ($ million)
Exhibits 26: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - Capacity Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 31: Five forces analysis - Comparison between 2024 and 2029
Exhibits 32: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 33: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 34: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 35: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 37: Chart on Market condition - Five forces 2024 and 2029
Exhibits 38: Chart on Type - Market share 2024-2029 (%)
Exhibits 39: Data Table on Type - Market share 2024-2029 (%)
Exhibits 40: Chart on Comparison by Type
Exhibits 41: Data Table on Comparison by Type
Exhibits 42: Chart on Lithium-ion battery - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Data Table on Lithium-ion battery - Market size and forecast 2024-2029 ($ million)
Exhibits 44: Chart on Lithium-ion battery - Year-over-year growth 2024-2029 (%)
Exhibits 45: Data Table on Lithium-ion battery - Year-over-year growth 2024-2029 (%)
Exhibits 46: Chart on Lead-acid battery - Market size and forecast 2024-2029 ($ million)
Exhibits 47: Data Table on Lead-acid battery - Market size and forecast 2024-2029 ($ million)
Exhibits 48: Chart on Lead-acid battery - Year-over-year growth 2024-2029 (%)
Exhibits 49: Data Table on Lead-acid battery - Year-over-year growth 2024-2029 (%)
Exhibits 50: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 51: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 53: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 54: Market opportunity by Type ($ million)
Exhibits 55: Data Table on Market opportunity by Type ($ million)
Exhibits 56: Chart on Vehicle Type - Market share 2024-2029 (%)
Exhibits 57: Data Table on Vehicle Type - Market share 2024-2029 (%)
Exhibits 58: Chart on Comparison by Vehicle Type
Exhibits 59: Data Table on Comparison by Vehicle Type
Exhibits 60: Chart on Battery electric vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 61: Data Table on Battery electric vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 62: Chart on Battery electric vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on Battery electric vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 64: Chart on Plug-in hybrid electric vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 65: Data Table on Plug-in hybrid electric vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Chart on Plug-in hybrid electric vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 67: Data Table on Plug-in hybrid electric vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 68: Chart on Hybrid electric vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 69: Data Table on Hybrid electric vehicle - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Chart on Hybrid electric vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 71: Data Table on Hybrid electric vehicle - Year-over-year growth 2024-2029 (%)
Exhibits 72: Market opportunity by Vehicle Type ($ million)
Exhibits 73: Data Table on Market opportunity by Vehicle Type ($ million)
Exhibits 74: Chart on Capacity - Market share 2024-2029 (%)
Exhibits 75: Data Table on Capacity - Market share 2024-2029 (%)
Exhibits 76: Chart on Comparison by Capacity
Exhibits 77: Data Table on Comparison by Capacity
Exhibits 78: Chart on Medium capacity batteries - Market size and forecast 2024-2029 ($ million)
Exhibits 79: Data Table on Medium capacity batteries - Market size and forecast 2024-2029 ($ million)
Exhibits 80: Chart on Medium capacity batteries - Year-over-year growth 2024-2029 (%)
Exhibits 81: Data Table on Medium capacity batteries - Year-over-year growth 2024-2029 (%)
Exhibits 82: Chart on High capacity batteries - Market size and forecast 2024-2029 ($ million)
Exhibits 83: Data Table on High capacity batteries - Market size and forecast 2024-2029 ($ million)
Exhibits 84: Chart on High capacity batteries - Year-over-year growth 2024-2029 (%)
Exhibits 85: Data Table on High capacity batteries - Year-over-year growth 2024-2029 (%)
Exhibits 86: Chart on Low capacity batteries - Market size and forecast 2024-2029 ($ million)
Exhibits 87: Data Table on Low capacity batteries - Market size and forecast 2024-2029 ($ million)
Exhibits 88: Chart on Low capacity batteries - Year-over-year growth 2024-2029 (%)
Exhibits 89: Data Table on Low capacity batteries - Year-over-year growth 2024-2029 (%)
Exhibits 90: Market opportunity by Capacity ($ million)
Exhibits 91: Data Table on Market opportunity by Capacity ($ million)
Exhibits 92: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 93: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 94: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 95: Chart on Geographic comparison
Exhibits 96: Data Table on Geographic comparison
Exhibits 97: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 98: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 99: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 100: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 101: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 103: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 104: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 105: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 106: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 107: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 108: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 109: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 110: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 112: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 113: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 114: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 116: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 117: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 118: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 119: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 120: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 121: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 122: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 123: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 124: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 125: Chart on Norway - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on Norway - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on Norway - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on Norway - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on France - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on France - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on France - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on France - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on Italy - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on Italy - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 153: Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 154: Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Exhibits 155: Chart on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 156: Data Table on South Korea - Year-over-year growth 2024-2029 (%)
Exhibits 157: Market opportunity By Geographical Landscape ($ million)
Exhibits 158: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 159: Impact of drivers and challenges in 2024 and 2029
Exhibits 160: Overview on criticality of inputs and factors of differentiation
Exhibits 161: Overview on factors of disruption
Exhibits 162: Impact of key risks on business
Exhibits 163: Companies covered
Exhibits 164: Company ranking index
Exhibits 165: Matrix on companies position and classification
Exhibits 166: A123 Systems LLC - Overview
Exhibits 167: A123 Systems LLC - Product / Service
Exhibits 168: A123 Systems LLC - Key offerings
Exhibits 169: SWOT
Exhibits 170: Ballard Power Systems Inc. - Overview
Exhibits 171: Ballard Power Systems Inc. - Product / Service
Exhibits 172: Ballard Power Systems Inc. - Key offerings
Exhibits 173: SWOT
Exhibits 174: BYD Co. Ltd. - Overview
Exhibits 175: BYD Co. Ltd. - Business segments
Exhibits 176: BYD Co. Ltd. - Key news
Exhibits 177: BYD Co. Ltd. - Key offerings
Exhibits 178: BYD Co. Ltd. - Segment focus
Exhibits 179: SWOT
Exhibits 180: CLARIOS LLC - Overview
Exhibits 181: CLARIOS LLC - Product / Service
Exhibits 182: CLARIOS LLC - Key news
Exhibits 183: CLARIOS LLC - Key offerings
Exhibits 184: SWOT
Exhibits 185: Crown Battery Manufacturing Co. - Overview
Exhibits 186: Crown Battery Manufacturing Co. - Product / Service
Exhibits 187: Crown Battery Manufacturing Co. - Key offerings
Exhibits 188: SWOT
Exhibits 189: Cummins Inc. - Overview
Exhibits 190: Cummins Inc. - Business segments
Exhibits 191: Cummins Inc. - Key news
Exhibits 192: Cummins Inc. - Key offerings
Exhibits 193: Cummins Inc. - Segment focus
Exhibits 194: SWOT
Exhibits 195: EnerSys - Overview
Exhibits 196: EnerSys - Business segments
Exhibits 197: EnerSys - Key news
Exhibits 198: EnerSys - Key offerings
Exhibits 199: EnerSys - Segment focus
Exhibits 200: SWOT
Exhibits 201: Enertech International Inc. - Overview
Exhibits 202: Enertech International Inc. - Product / Service
Exhibits 203: Enertech International Inc. - Key offerings
Exhibits 204: SWOT
Exhibits 205: Exide Industries Ltd. - Overview
Exhibits 206: Exide Industries Ltd. -

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.

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