PUBLISHER: Grand View Research | PRODUCT CODE: 1575273
PUBLISHER: Grand View Research | PRODUCT CODE: 1575273
Battery Vents Market Size, Share & Trends Analysis Report By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two Wheelers), By Region, And Segment Forecasts, 2024 - 2030
Battery Vents Market Size & Trends:
The global battery vents market size was estimated at USD 201.7 million in 2023 and is projected to grow at a CAGR of 9.4% from 2024 to 2030. This demand for battery vents is growing significantly in tandem with the rise of the global automotive sector, especially as electric vehicles (EVs) and hybrid vehicles continue to gain traction. The shift of automotive manufacturers from traditional internal combustion engine (ICE) vehicles to greener alternatives like EVs, are driving the demand for battery components, including vents.
The increasing global adoption of electric vehicles is one of the primary growth factors in the battery vents market. The EV market is growing rapidly due to consumer preferences for eco-friendly alternatives and government incentives to reduce carbon emissions. As EV production scales up, the need for advanced battery management systems, including vents, becomes critical. These vents help mitigate the risks associated with thermal runaway and gas buildup, which are particularly concerning in the high-energy-density batteries used in EVs.
In regions like Europe and North America, governments are incentivizing EV purchases through subsidies and tax breaks. Moreover, as automakers such as Tesla, General Motors, and traditional manufacturers' ramp up EV production, the demand for components that ensure battery safety-such as vents-is growing proportionally. This trend is also evident in China, the world's largest EV market, where companies like BYD and NIO are leading the charge in producing EVs equipped with advanced battery systems.
The commercial vehicle sector is also increasingly adopting hybrid and fully electric powertrains, further boosting the battery vents market. Commercial electric vehicles (such as trucks and buses) typically require larger packs to meet the high energy demands of longer-range driving. These larger systems generate more heat and need efficient venting to ensure operational safety and durability. The rapid adoption of electric buses and delivery fleets, particularly in urban areas, is driving demand for more sophisticated battery vent technologies.
As battery technology evolves, manufacturers are focusing on improving efficiency, lifespan, and safety. Battery vents are a crucial component of this safety framework, preventing dangerous pressure buildup within battery cells that could lead to malfunctions or explosions. With the growing popularity of lithium-ion batteries in EVs, which can be volatile under certain conditions, the need for efficient venting mechanisms has become even more pronounced.
Additionally, advancements in battery technologies, such as solid-state batteries, which are expected to replace traditional lithium-ion batteries in the future, will require more precise venting systems to handle the unique pressures associated with these innovations. As EV manufacturers push for faster charging times and longer ranges, battery systems are being pushed to their limits, increasing the importance of venting solutions to maintain safety and performance.
Governments worldwide are driving the adoption of EVs as part of broader efforts to reduce carbon emissions and combat climate change. Policies such as the European Union's Green Deal and the U.S. Inflation Reduction Act are directly supporting the transition to electric mobility. These initiatives not only boost the production of EVs but also promote the development of supportive infrastructure and components, including battery safety systems like vents.
Global Battery Vents Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the segments from 2018 to 2030. For this study, Grand View Research has segmented the global battery vents market based on the vehicle type and region:
- Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Passenger Vehicles
- Commercial Vehicles
- Two Wheelers
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Central & South America
- Brazil
- Middle East & Africa
- Saudi Arabia
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Battery Vents Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Battery Vents Market - Value Chain Analysis
- 3.3. Battery Vents Market - Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity Analysis
- 3.3.4. Market Challenge Analysis
- 3.4. Regulatory Framework
- 3.5. Battery Vents Market - Business Environment Analysis
- 3.5.1. PESTLE Analysis
- 3.5.2. Porter's Five Forces Analysis
- 3.6. Market Disruption Analysis
Chapter 4. Battery Vents Market: Vehicle Type Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Vehicle Type Movement Analysis & Market Share, 2023 & 2030
- 4.3. Battery Vents Market By Vehicle Type, 2018 - 2030 (USD Million)
- 4.4. Passenger Vehicles
- 4.4.1. Battery Vents Market Estimates & Forecasts, by Passenger Vehicle, 2018 & 2030 (USD Million)
- 4.5. Commercial Vehicles
- 4.5.1. Battery Vents Market Estimates & Forecasts, by Commercial Vehicle, 2018 & 2030 (USD Million)
- 4.6. Two Wheelers
- 4.6.1. Battery Vents Market Estimates & Forecasts, by Two Wheelers, 2018 & 2030 (USD Million)
Chapter 5. Battery Vents Market: Regional Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Regional Market Share Analysis, 2023 & 2030
- 5.3. Market Estimates & Forecasts by Region, 2018 - 2030 (USD Million)
- 5.4. North America
- 5.4.1. North America Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.4.2. North America Battery vents Market Estimates & Forecasts, by Vehicle Type, 2018 & 2030 (USD Million)
- 5.4.3. U.S.
- 5.4.3.1. U.S. Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.4.3.2. U.S. Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.4.4. Canada
- 5.4.4.1. Canada Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.4.4.2. Canada Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.4.5. Mexico
- 5.4.5.1. Mexico Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.4.5.2. Mexico Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.5. Europe
- 5.5.1. Europe Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.5.2. Europe Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.5.3. Germany
- 5.5.3.1. Germany Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.5.3.2. Germany Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.5.4. UK
- 5.5.4.1. UK Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.5.4.2. UK Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.5.5. France
- 5.5.5.1. France Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.5.5.2. France Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.5.6. Spain
- 5.5.6.1. Spain Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.5.6.2. Spain Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.5.7. Italy
- 5.5.7.1. Italy Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.5.7.2. Italy Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.6. Asia Pacific
- 5.6.1. Asia Pacific Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.6.2. Asia Pacific Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.6.3. China
- 5.6.3.1. China Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.6.3.2. China Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.6.4. India
- 5.6.4.1. India Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.6.4.2. India Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.6.5. Japan
- 5.6.5.1. Japan Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.6.5.2. Japan Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.7. Central & South America
- 5.7.1. Central & South America Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.7.2. Central & South America Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.7.3. Brazil
- 5.7.3.1. Brazil Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.7.3.2. Brazil Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.8. Middle East & Africa
- 5.8.1. Middle East & Africa Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.8.2. Middle East & Africa Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- 5.8.3. Saudi Arabia
- 5.8.3.1. Saudi Arabia Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- 5.8.3.2. Saudi Arabia Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
Chapter 6. Supplier Intelligence
- 6.1. Kraljic Matrix
- 6.2. Engagement Model
- 6.3. Negotiation Strategies
- 6.4. Sourcing Best Practices
- 6.5. Vendor Selection Criteria
Chapter 7. Competitive Analysis
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Positioning
- 7.4. Company Heat Map Analysis
- 7.5. Company Listings
- 7.5.1. Porex, Donaldson Company Inc.
- 7.5.1.1. Company Overview
- 7.5.1.2. Financial Performance
- 7.5.1.3. Product Benchmarking
- 7.5.1.4. Strategic Initiatives
- 7.5.2. GORE
- 7.5.2.1. Company Overview
- 7.5.2.2. Financial Performance
- 7.5.2.3. Product Benchmarking
- 7.5.2.4. Strategic Initiatives
- 7.5.3. MicroVent
- 7.5.3.1. Company Overview
- 7.5.3.2. Financial Performance
- 7.5.3.3. Product Benchmarking
- 7.5.3.4. Strategic Initiatives
- 7.5.4. IPRO
- 7.5.4.1. Company Overview
- 7.5.4.2. Financial Performance
- 7.5.4.3. Product Benchmarking
- 7.5.4.4. Strategic Initiatives
- 7.5.5. Dongguan PUW EPTFE Material
- 7.5.5.1. Company Overview
- 7.5.5.2. Financial Performance
- 7.5.5.3. Product Benchmarking
- 7.5.5.4. Strategic Initiatives
- 7.5.6. Parker
- 7.5.6.1. Company Overview
- 7.5.6.2. Financial Performance
- 7.5.6.3. Product Benchmarking
- 7.5.6.4. Strategic Initiatives
- 7.5.7. Sang-A Frontec
- 7.5.7.1. Company Overview
- 7.5.7.2. Financial Performance
- 7.5.7.3. Product Benchmarking
- 7.5.7.4. Strategic Initiatives
- 7.5.8. SMJ Venture Private Limited.
- 7.5.8.1. Company Overview
- 7.5.8.2. Financial Performance
- 7.5.8.3. Product Benchmarking
- 7.5.8.4. Strategic Initiatives
- 7.5.1. Porex, Donaldson Company Inc.
List of Tables
- Table 1 Battery Vents Market Estimates & Forecasts, by Passenger Vehicle, 2018 & 2030 (USD Million)
- Table 2 Battery Vents Market Estimates & Forecasts, by Commercial Vehicle, 2018 & 2030 (USD Million)
- Table 3 Battery Vents Market Estimates & Forecasts, by Two Wheelers, 2018 & 2030 (USD Million)
- Table 4 North America Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 5 North America Battery vents Market Estimates & Forecasts, by Vehicle Type, 2018 & 2030 (USD Million)
- Table 6 U.S. Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 7 U.S. Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 8 Canada Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 9 Canada Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 10 Mexico Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 11 Mexico Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 12 Europe Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 13 Europe Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 14 Germany Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 15 Germany Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 16 UK Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 17 UK Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 18 France Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 19 France Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 20 Spain Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 21 Spain Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 22 Italy Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 23 Italy Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 24 Asia Pacific Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 25 Asia Pacific Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 26 China Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 27 China Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 28 India Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 29 India Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 30 Japan Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 31 Japan Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 32 Central & South America Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 33 Central & South America Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 34 Brazil Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 35 Brazil Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 36 Middle East & Africa Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 37 Middle East & Africa Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
- Table 38 Saudi Arabia Battery vents Market Estimates & Forecasts, 2018 & 2030 (USD Million)
- Table 39 Saudi Arabia Battery vents Market Estimates & Forecasts, by Material, 2018 & 2030 (USD Million)
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market Research Approaches - Bottom-Up Approach
- Fig. 5 Market Research Approaches - Top-Down Approach
- Fig. 6 Market Research Approaches - Combined Approach
- Fig. 7 Market Snapshot
- Fig. 8 Segmental Outlook
- Fig. 9 Competitive Outlook
- Fig. 10 Battery Vents Market - Value Chain Analysis
- Fig. 11 Market Drivers Impact Analysis
- Fig. 12 Market Restraint Impact Analysis
- Fig. 13 Industry Analysis - PORTERS
- Fig. 14 Industry Analysis - PESTEL
- Fig. 15 Vehicle Type: Key Takeaways
- Fig. 16 Vehicle Type: Market Share, 2023 & 2030
- Fig. 17 Region, 2023 & 2030 (USD Million)
- Fig. 18 Regional Marketplace: Key Takeaways
- Fig. 19 Kraljic Matrix
- Fig. 20 Engagement Model
- Fig. 21 Sourcing Best Practices
- Fig. 22 Sourcing Best Practices
- Fig. 23 Competition Categorization
- Fig. 24 Company Market Positioning
- Fig. 25 Strategy Mapping, 2023
