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Electric Vehicle Battery - Global Strategic Business Report

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    Report

  • 232 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804331
The global market for Electric Vehicle Battery is estimated at US$30.8 Billion in 2023 and is projected to reach US$84.5 Billion by 2030, growing at a CAGR of 13.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Lithium ion Battery segment, which is expected to reach US$69 Billion by 2030 with a CAGR of 15.7%. The Lead Acid Battery segment is also set to grow at 6.4% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $8.3 Billion in 2023, and China, forecasted to grow at an impressive 18.5% CAGR to reach $21 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Electric Vehicle Battery Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electric Vehicle Battery Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Electric Vehicle Battery Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as A123 Systems LLC, Automotive Energy Supply Corporation (AESC), Bosch Mobility Solutions, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 13 Featured):

  • A123 Systems LLC
  • Automotive Energy Supply Corporation (AESC)
  • Bosch Mobility Solutions
  • BYD Co., Ltd.
  • Contemporary Amperex Technology Co., Limited
  • E-One Moli Energy Corporation
  • Hitachi Automotive Systems Ltd.
  • Johnson Controls, Inc.
  • LG Chem
  • Samsung SDI Co., Ltd
  • Tesla Motors, Inc.
  • Tianneng Power International Co., Ltd.
  • Wanxiang America Corporation

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Electric Vehicle Battery - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Economic Update
  • Electric Vehicle Battery: Prelude
  • Asia-Pacific to Spearhead Market Growth
  • BEV Batteries Segment Leads Global EV Battery Market by Propulsion Type
  • End-Use Segments Overview of Electric Vehicle Market.
  • Factors Driving Electric Vehicles Battery Market.
  • Increasing Sales of Electric Vehicles Translate into Growth for EV Batteries Market
  • Global Electric Vehicles Market - Percentage Breakdown of Vehicle Sales by Vehicle Type for the Years 2015, 2020, 2025 and 2030
  • Light Vehicles Market in North America - Breakdown of Sales in Thousands by Power Type for the Years 2015 through 2025
  • Competition
  • Intense Competition Characterizes EV Battery Market
  • Chinese Companies Dominate Global EV Battery Market
  • Competition in Li-Ion EV Battery Market
  • Global Passenger EV Li-Ion Batteries Market - Percentage Breakdown of Production by Leading Players
  • Tecnhology Investments and Capacity Expansions - Strategies of Players to Win Competition
  • EV Battery Makers Focus on R&D Initiatives
  • BASF Looks towards New Material Mix to Gain Ground in the EV Batteries Market
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Shift towards Zero-Emission Vehicles and Low Cost Batteries Production Drive Growth
  • Development of EV Charging Infrastructure Drives EV Sales, Augurs Well for EV Batteries Market
  • Global Charging Energy Demand for EVs - Projected Energy Demand in Billion kWH by Region for the Years 2020, 2025 and 2030
  • Li-Ion Batteries to Power Future Growth in EV Battery Market
  • Li-Ion Batteries Market Rides on Expanding EV Production
  • Li-ion Batteries Market for Electric Buses
  • Challenges Confronting Manufacture of Li-Ion EV Batteries
  • Hybrid EV Battery Market: Rising Adoption of Hybrid Vehicles Fuels Growth
  • Solid-State Technology - A Promising Technology to Reinvent EV Battery Marketplace
  • Falling Prices of EV Batteries: A Positive Development for the Market
  • EV Battery Prices on a Downward Trend - Projected Fall in Cost Automotive Li-ion Battery Packs (US$/kWH) for the Years 2010, 2015, 2020, 2025 and 2030
  • Emergence of Alternative Materials to Aid Market Growth
  • Cobalt Emerges as the Latest Material for Use in Li-ion Batteries for EVs
  • Supportive Policies and Regulations Bolster Growth
  • Second-life Electric Vehicle Batteries Market - An Overview
  • Second Life EV Batteries - New Revenue Stream for EV Makers
  • Management of Thermal Runaway in EV Batteries: Essential to Ensure Safety
  • Environmental Management: A Key Challenge Facing EV Batteries Market
  • Favorable EV Battery Market Dynamics Energize Nickel Supply Marketplace
  • The Search for Better EV Batteries Continues…
  • Innovations & Advancements
  • Technological Advancements Impacting EV Batteries Market
  • A Glance at Few EV Battery Innovations
  • Refillable Batteries: An Innovation with Potential to Transform EV Market
  • Innolith Develops 1000 Wh/kg Rechargeable Battery for Electric Cars
  • Product Overview
  • Electric Vehicle Battery - Introduction
  • Recent Industry Activity
  • China Evergrande Group to Acquire Stake in Shanghai CENAT New Energy
  • Shell New Energies Takes Over Greenlots
  • Freudenberg Sealing Technologies Takes Over XALT Energy
  • LG Chem Gains EU Approval for New EV Batteries Plant in Poland's Dolnoslaskie Region
  • Tesla Takes Over Maxwell Technologies
  • Toyota and Panasonic Collaborate to Design and Build Batteries for Electric Vehicles
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Electric Vehicle Battery Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Electric Vehicle Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Electric Vehicle Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Electric Vehicle Battery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Lithium ion Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Lithium ion Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Lithium ion Battery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Lead Acid Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Lead Acid Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Lead Acid Battery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Hybrid Electric Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Hybrid Electric Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Hybrid Electric Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Plug-in Hybrid Electric Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Plug-in Hybrid Electric Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Plug-in Hybrid Electric Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Battery Electric Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Battery Electric Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Battery Electric Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Electric Vehicle Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • A123 Systems LLC
  • Automotive Energy Supply Corporation (AESC)
  • Bosch Mobility Solutions
  • BYD Co., Ltd.
  • Contemporary Amperex Technology Co., Limited
  • E-One Moli Energy Corporation
  • Hitachi Automotive Systems Ltd.
  • Johnson Controls, Inc.
  • LG Chem
  • Samsung SDI Co., Ltd
  • Tesla Motors, Inc.
  • Tianneng Power International Co., Ltd.
  • Wanxiang America Corporation

Table Information