Electric Vehicle Battery Market Research Report Global Forecast to 2032

The Electric Vehicle Battery market is anticipated to record a significant CAGR of 33.60% during the review period. Expanded interest in electric autos, an increase in new electric vehicle deals, and rising public consciousness of harmless to the ecosystem vehicles are the key market drivers upgrading the market development.

Market CAGR for electrical vehicle batteries is being driven by variables, for example, expanding interest in electrical vehicles, expanding fuel costs, and so on. As ecological worries about regular vehicles keep on mounting, state-run administrations all around the world are supporting the utilization of elective fuel vehicles. EVs, or electric vehicles, are zero-emanation vehicles that are acquiring ubiquity for naturally helpful public travel all around the world.

Moreover, car makers are focusing on delivering complex electric vehicle innovations including more modest motors and batteries that are expected to have diminished outflows at similarly lower costs. Lithium-nickel-manganese-cobalt-oxide (NMC) is presently the material of decision for batteries utilized in electric vehicles.

Market Segmentation

In terms of battery types, the electric vehicle battery market is divided into nickel hybrid batteries, lithium-ion batteries, and lead-acid batteries.

Based on Vehicle Technology the market is classified into Battery Electric Vehicles, Plug-In Hybrid Vehicle Electric Vehicles, and Hybrid Electric Vehicles.

Based on the end-use industry, the market is divided into aftermarkets and OEMS.

Regional Insights

The Asia-Pacific region is expected to lead the Electric Vehicle Battery market, attributable to an expansion in the number of people who utilize electric vehicles. Furthermore, over the projected period, the public authority's accentuation on the transformation of two-and three-wheelers into electric vehicles is expected to fuel the request market and will support market development around here.

Europe's Electric Vehicle Battery market represents the second-biggest market share because of the reception of electric vehicles, filling the interest in batteries. This is because of the region's rising number of contamination control standards and severe principles to battle environmental change. Further, the German Electric Vehicle Battery market held the biggest market share, and the UK Electric Vehicle Battery market was the quickest developing market in the European region.

The North America Electric Vehicle Battery Market held a sizable piece of the market in 2022 and had a place with North America. Market development is being driven by rising U.S. interest in BEVS. Developing government spending to accelerate homegrown part creation and brace the EV store network would subsequently most likely fuel market extension nearby. Besides, the US Electric Vehicle Battery market held the biggest market share, and the Canada Electric Vehicle Battery market was the quickest developing market in the region.

Major Players

Key Companies in the Electric Vehicle Battery market are Corporation (Japan), Panasonic Corporation (Japan), Crown Battery Corporation (US), BYD Company Limited (China), Johnson Controls International (US), LG Chem Ltd (South Korea), Tianneng Power International (China), Automotive Energy Supply Quallion (US), Narada Power Source (China), GS Yuasa Corporation (Japan), Boston-Power (US), and Hitachi Chemical Company (Japan).

Product Code: MRFR/AM/3383-CR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
- 2.2.1 DEFINITION
- 2.2.2 RESEARCH OBJECTIVE
- 2.2.3 ASSUMPTIONS
- 2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
- 2.3.1 PRIMARY RESEARCH
- 2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1 PORTER'S FIVE FORCES ANALYSIS
- 3.1.1 THREAT OF NEW ENTRANTS
- 3.1.2 BARGAINING POWER OF SUPPLIERS
- 3.1.3 BARGAINING POWER OF BUYERS
- 3.1.34 THREAT OF SUBSTITUTES
- 3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS

5 GLOBAL ELECTRIC VEHICLES BATTERY MARKET, BY BATTERY TYPE

5.1 INTRODUCTION
5.2 LITHIUM ION BATTERY
- 5.2.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
5.3 LEAD ACID BATTERY
- 5.3.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
5.4 NICKEL HYDRIDE BATTERY
- 5.4.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 5.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
5.5 OTHERS
- 5.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 5.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032

6 GLOBAL ELECTRIC VEHICLES BATTERY MARKET, BY VEHICLE TECHNOLOGY

6.1 INTRODUCTION
6.2 BATTERY ELECTRIC VEHICLES
- 6.2.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 6.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
6.3 HYBRID ELECTRIC VEHICLES
- 6.3.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 6.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
6.4 PLUG-IN HYBRID ELECTRIC VEHICLES
- 6.4.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 6.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
6.5 OTHERS
- 6.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 6.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032

7 GLOBAL ELECTRIC VEHICLES BATTERY MARKET, BY END MARKET

7.1 INTRODUCTION
7.2 OEMS
- 7.2.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 7.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032
7.3 AFTERMARKET
- 7.3.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 7.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2023-2032

8 GLOBAL ELECTRIC VEHICLES BATTERY MARKET, BY REGION

8.1 INTRODUCTION
8.2 NORTH AMERICA
- 8.2.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 8.2.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
- 8.2.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
- 8.2.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.2.5 THE U.S
  - 8.2.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.2.5.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.2.5.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.2.5.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.2.6 CANADA
  - 8.2.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.2.6.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.2.6.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.2.6.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
8.3 EUROPE
- 8.3.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 8.3.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
- 8.3.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
- 8.3.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.3.5 U.K
  - 8.3.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.3.5.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.3.5.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.3.5.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.3.6 GERMANY
  - 8.3.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.3.6.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.3.6.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.3.6.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.3.7 FRANCE
  - 8.3.7.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.3.7.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.3.7.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.3.7.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.3.8 ITALY
  - 8.3.8.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.3.8.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.3.8.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.3.8.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.3.9 REST OF EUROPE
  - 8.3.9.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.3.9.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.3.9.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.3.9.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
8.4 ASIA PACIFIC
- 8.4.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 8.4.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
- 8.4.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
- 8.4.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.4.5 CHINA
  - 8.4.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.4.5.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.4.5.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.4.5.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.4.6 JAPAN
  - 8.4.6.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.4.6.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.4.6.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.4.6.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.4.7 INDIA
  - 8.4.7.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.4.7.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.4.7.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.4.7.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
- 8.4.8 REST OF ASIA PACIFIC
  - 8.4.8.1 MARKET ESTIMATES & FORECAST, 2023-2032
  - 8.4.8.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
  - 8.4.8.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
  - 8.4.8.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032
8.5 REST OF THE WORLD
- 8.5.1 MARKET ESTIMATES & FORECAST, 2023-2032
- 8.5.2 MARKET ESTIMATES & FORECAST BY BATTERY TYPE, 2023-2032
- 8.5.3 MARKET ESTIMATES & FORECAST BY VEHICLE TECHNOLOGY, 2023-2032
- 8.5.4 MARKET ESTIMATES & FORECAST BY END MARKET, 2023-2032

9 COMPETITIVE LANDSCAPE

10 COMPANY PROFILE

10.1 AUTOMOTIVE ENERGY SUPPLY CORPORATION
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 PRODUCTS/SERVICES OFFERING
- 10.1.3 FINANCIAL OVERVIEW
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 STRATEGY
- 10.1.6 SWOT ANALYSIS
10.2 PANASONIC CORPORATION
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 PRODUCTS/SERVICES OFFERING
- 10.2.3 FINANCIAL OVERVIEW
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 STRATEGY
- 10.2.6 SWOT ANALYSIS
10.3 BYD COMPANY LIMITED
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 PRODUCTS/SERVICES OFFERING
- 10.3.3 FINANCIAL OVERVIEW
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 STRATEGY
- 10.3.6 SWOT ANALYSIS
10.4 LG CHEM LTD
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 PRODUCTS/SERVICES OFFERING
- 10.4.3 FINANCIAL OVERVIEW
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 STRATEGY
- 10.4.6 SWOT ANALYSIS
10.5 QUALLION
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 PRODUCTS/SERVICES OFFERING
- 10.5.3 FINANCIAL OVERVIEW
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 STRATEGY
- 10.5.6 SWOT ANALYSIS
10.6 BOSTON-POWER
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 PRODUCTS/SERVICES OFFERING
- 10.6.3 FINANCIAL OVERVIEW
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 STRATEGY
- 10.6.6 SWOT ANALYSIS
10.7 JOHNSON CONTROLS INTERNATIONAL
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 PRODUCTS/SERVICES OFFERING
- 10.7.3 FINANCIAL OVERVIEW
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 STRATEGY
- 10.7.6 SWOT ANALYSIS
10.8 NARADA POWER SOURCE
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 PRODUCTS/SERVICES OFFERING
- 10.8.3 FINANCIAL OVERVIEW
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 STRATEGY
- 10.8.6 SWOT ANALYSIS
10.9 GS YUASA CORPORATION
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 PRODUCTS/SERVICES OFFERING
- 10.9.3 FINANCIAL OVERVIEW
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 STRATEGY
- 10.9.6 SWOT ANALYSIS
10.10 TIANNENG POWER INTERNATIONAL
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 PRODUCTS/SERVICES OFFERING
- 10.10.3 FINANCIAL OVERVIEW
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 STRATEGY
- 10.10.6 SWOT ANALYSIS
10.11 CROWN BATTERY CORPORATION
- 10.11.1 COMPANY OVERVIEW
- 10.11.2 PRODUCTS/SERVICES OFFERING
- 10.11.3 FINANCIAL OVERVIEW
- 10.11.4 KEY DEVELOPMENTS
- 10.11.5 STRATEGY
- 10.11.6 SWOT ANALYSIS
10.12 HITACHI CHEMICAL COMPANY
- 10.12.1 COMPANY OVERVIEW
- 10.12.2 PRODUCTS/SERVICES OFFERING
- 10.12.3 FINANCIAL OVERVIEW
- 10.12.4 KEY DEVELOPMENTS
- 10.12.5 STRATEGY
- 10.12.6 SWOT ANALYSIS