Electric Vehicle Battery Market by Propulsion Type, Battery Type, and Vehicle Type - Global Opportunity Analysis and Industry Forecast, 2017-2025

  • ID: 4603669
  • Report
  • Region: Global
  • 245 pages
  • Allied Analytics LLP
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An electric vehicle battery, also known as a traction battery, is utilized to power electric vehicles for propulsion.

The global electric vehicle battery market has registered a significant growth corresponding to the increase in public charging infrastructure. The Electric Vehicle Charging Association reported more than 50,000 charge points (public and private) in operation in the U.S. in 2017, up from 45,000 the year before. The increasing growth rate of charging infrastructure across the globe offers growth opportunities for the EV battery market.

The Asia-Pacific region is expected to register substantial growth owing to government incentives encouraging usage of battery powered vehicles and an increase in concerns associated with energy security in the region. The high cost of electric vehicle batteries serves as the major restraint to the market growth. However, a surge in demand of these batteries in emerging economies, such as China and development of new enhanced battery recycling processes are factors expected to provide potential growth opportunities for market expansion.

The global electric vehicle battery market is segmented based on vehicle propulsion type, battery type, vehicle type, and region. On the basis of vehicle propulsion, the market is divided into battery electric vehicle (BEV) and plug-in hybrid vehicle (PHEV). The market is categorized based on battery type into Lead-acid, Nickel metal Hydride, or Lithium-ion. The vehicle type segments are passenger car and commercial vehicle. The various regions for the market are North America, Europe, Asia-Pacific, and Latin America Middle East and Africa (LAMEA).

The key global market players profiled in the report include Panasonic, AESC, BYD, Mitsubishi, LG Chem, Samsung, Wanxiang, Beijing Pride Power, Tianneng, and SB LiMotive.

These players focus on vital market strategies, such as mergers, acquisitions, collaborations, and partnerships, to strengthen their market reach; thereby, retaining their position in the competitive market.

KEY BENEFITS FOR STAKEHOLDERS

This study includes the analytical depiction of the global electric vehicle battery market along with current trends and future estimations to determine the imminent investment pockets.
The report presents information regarding key drivers, restraints, and opportunities.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the industry.
Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers in the global industry.

KEY MARKET SEGMENTS

BY PROPULSION TYPE

Battery Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle

BY BATTERY TYPE

Lead Acid Battery
Nickel Metal Hydride Battery
Lithium ion Battery

BY VEHICLE TYPE

Passenger Car
Commercial Vehicle
Two Wheeler

BY REGION

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Singapore
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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Note: Product cover images may vary from those shown
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CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. TOP WINNING STRATEGIES
3.3.1. Top Winning Strategies, By Year, 2017
3.3.2. Top Winning Strategies, By Development, 2017 (%)
3.3.3. Top Winning Strategies, By Company, 2017
3.4. PORTER'S FIVE FORCES ANALYSIS
3.5. MARKET SHARE ANALYSIS, 2017
3.6. MARKET DYNAMICS
3.6.1. Drivers
3.6.1.1. Growing demand for zero emission vehicles
3.6.1.2. Decreasing cost of EV battery system
3.6.2. Restraint
3.6.2.1. High import taxes
3.6.3. Opportunity
3.6.3.1. Growth in public charging infrastructure
3.6.3.2. Rise in government initiatives

CHAPTER 4: ELECTRIC VEHICLE BATTERY MARKET, BY PROPULSION TYPE
4.1. OVERVIEW
4.2. BATTERY ELECTRIC VEHICLE
4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. HYBRID ELECTRIC VEHICLE
4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. PLUG-IN HYBRID ELECTRIC VEHICLE
4.4.1. Key market trends and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

CHAPTER 5: ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY TYPE
5.1. OVERVIEW
5.2. LEAD ACID BATTERY
5.2.1. Key market trends
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. NICKEL METAL HYDRIDE BATTERY
5.3.1. Key market trends
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. LITHIUM ION BATTERY
5.4.1. Key market trends
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country

CHAPTER 6: ELECTRIC VEHICLE BATTERY MARKET, BY VEHICLE TYPE
6.1. OVERVIEW
6.2. PASSENGER CAR
6.2.1. Key market trends
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country
6.3. COMMERCIAL VEHICLE
6.3.1. Key market trends
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country
6.4. TWO WHEELER
6.4.1. Key market trends
6.4.2. Market size and forecast, by region
6.4.3. Market analysis by country

CHAPTER 7: ELECTRIC VEHICLE BATTERY MARKET, BY REGION
7.1. OVERVIEW
7.2. NORTH AMERICA
7.2.1. Key market trends and opportunities
7.2.2. Market size and forecast, by propulsion type
7.2.3. Market size and forecast, by battery type
7.2.4. Market size and forecast, by vehicle type
7.2.5. Market analysis by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast
7.2.5.1.2. Market size and forecast, by propulsion type
7.2.5.1.3. Market size and forecast, by battery type
7.2.5.1.4. Market size and forecast, by vehicle type
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast
7.2.5.2.2. Market size and forecast, by propulsion type
7.2.5.2.3. Market size and forecast, by battery type
7.2.5.2.4. Market size and forecast, by vehicle type
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast
7.2.5.3.2. Market size and forecast, by propulsion type
7.2.5.3.3. Market size and forecast, by battery type
7.2.5.3.4. Market size and forecast, by vehicle type
7.3. EUROPE
7.3.1. Key market trends and opportunities
7.3.2. Market size and forecast, by propulsion type
7.3.3. Market size and forecast, by battery type
7.3.4. Market size and forecast, by vehicle type
7.3.5. Market analysis by country
7.3.5.1. UK
7.3.5.1.1. Market size and forecast
7.3.5.1.2. Market size and forecast, by propulsion type
7.3.5.1.3. Market size and forecast, by vehicle type
7.3.5.1.4. Market size and forecast, by battery type
7.3.5.2. France
7.3.5.2.1. Market size and forecast
7.3.5.2.2. Market size and forecast, by vehicle type
7.3.5.2.3. Market size and forecast, by battery type
7.3.5.2.4. Market size and forecast, by propulsion type
7.3.5.3. Germany
7.3.5.3.1. Market size and forecast
7.3.5.3.2. Market size and forecast, by vehicle type
7.3.5.3.3. Market size and forecast, by battery type
7.3.5.3.4. Market size and forecast, by propulsion type
7.3.5.4. Russia
7.3.5.4.1. Market size and forecast
7.3.5.4.2. Market size and forecast, by vehicle type
7.3.5.4.3. Market size and forecast, by battery type
7.3.5.4.4. Market size and forecast, by propulsion type
7.3.5.5. Rest of Europe
7.3.5.5.1. Market size and forecast
7.3.5.5.2. Market size and forecast, by vehicle type
7.3.5.5.3. Market size and forecast, by battery type
7.3.5.5.4. Market size and forecast, by propulsion type
7.4. ASIA-PACIFIC
7.4.1. Key market trends and opportunities
7.4.2. Market size and forecast, by vehicle type
7.4.3. Market size and forecast, by battery type
7.4.4. Market size and forecast, by propulsion type
7.4.5. Market analysis by country
7.4.5.1. Japan
7.4.5.1.1. Market size and forecast
7.4.5.1.2. Market size and forecast, by vehicle type
7.4.5.1.3. Market size and forecast, by battery type
7.4.5.1.4. Market size and forecast, by propulsion type
7.4.5.2. South Korea
7.4.5.2.1. Market size and forecast
7.4.5.2.2. Market size and forecast, by vehicle type
7.4.5.2.3. Market size and forecast, by battery type
7.4.5.2.4. Market size and forecast, by propulsion type
7.4.5.3. India
7.4.5.3.1. Market size and forecast
7.4.5.3.2. Market size and forecast, by vehicle type
7.4.5.3.3. Market size and forecast, by battery type
7.4.5.3.4. Market size and forecast, by propulsion type
7.4.5.4. China
7.4.5.4.1. Market size and forecast
7.4.5.4.2. Market size and forecast, by vehicle type
7.4.5.4.3. Market size and forecast, by battery type
7.4.5.4.4. Market size and forecast, by propulsion type
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Market size and forecast
7.4.5.5.2. Market size and forecast, by vehicle type
7.4.5.5.3. Market size and forecast, by battery type
7.4.5.5.4. Market size and forecast, by propulsion type
7.5. LAMEA
7.5.1. Key market trends and opportunities
7.5.2. Market size and forecast, by vehicle type
7.5.3. Market size and forecast, by battery type
7.5.4. Market size and forecast, by propulsion type
7.5.5. Market analysis by sub-region
7.5.5.1. Latin America
7.5.5.1.1. Market size and forecast
7.5.5.1.2. Market size and forecast, by vehicle type
7.5.5.1.3. Market size and forecast, by battery type
7.5.5.1.4. Market size and forecast, by propulsion type
7.5.5.2. Middle East
7.5.5.2.1. Market size and forecast
7.5.5.2.2. Market size and forecast, by vehicle type
7.5.5.2.3. Market size and forecast, by battery type
7.5.5.2.4. Market size and forecast, by propulsion type
7.5.5.3. Africa
7.5.5.3.1. Market size and forecast
7.5.5.3.2. Market size and forecast, by vehicle type
7.5.5.3.3. Market size and forecast, by battery type
7.5.5.3.4. Market size and forecast, by propulsion type

CHAPTER 8: COMPANY PROFILES
8.1. PANASONIC CORPORATION
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.1.6. Key strategic moves and developments
8.2. MITSUBISHI ELECTRIC CORPORATION
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.3. LG CHEM LTD.
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. Key strategic moves and developments
8.4. SAMSUNG ELECTRONICS CO. LTD.
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves and developments
8.5. GSR CAPITAL (AUTOMOTIVE ENERGY SUPPLY CORPORATION)
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Product portfolio
8.6. BYD COMPANY LIMITED (BYD AUTO CO., LTD.)
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves and developments
8.7. WANXIANG GROUP CORPORATION
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio
8.8. BEIJING PRIDE POWER BATTERY TECHNOLOGY CO LTD
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio
8.9. TIANNENG POWER INTERNATIONAL LIMITED
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.10. ENERSYS (QUALLION LLC)
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves and developments
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According to a recent report published titled, Electric Vehicle Battery Market by Propulsion Type, Battery Type, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2017-2025, the global electric vehicle market was valued at $23 million in 2017 and is projected to reach at $84 million by 2025, growing at a CAGR of 17.2% from 2018 to 2025.

An electric vehicle battery is a secondary (rechargeable) battery, which is used to power the propulsion of electric vehicles. Also known as a traction battery, it uses chemical energy stored in rechargeable battery packs for power and therefore does not require any combustion engine for propulsion.

At present, the Asia-Pacific region dominates the global EV battery market. An increase in vehicle population and a rise in vehicle standards fuel the growth of the Asia-Pacific EV market. Moreover, various technological advancements in electric vehicles have been in progress, owing to government initiatives, which further propels the growth. According to Economics Times, The Ministry of Industry and Information Technology (MIIT) Chi has set up a trial EV battery recycle program in the greater Beijing Hebei Tianjin region, the Yangtze River, Pearl Delta River, and Central Chi areas to curb pollution, as on 5 March, 2018.

In the propulsion type segment, the hybrid electric vehicles dominated the market in 2017, owing to the voluminous production of hybrid electric vehicles.

Key Findings of the Electric Vehicle Battery Market:

In 2017, the hybrid-electric vehicles sub-segment generated the highest revenue in the global electric vehicle battery market.
In 2017, the passenger cars segment generated the highest revenue among the other vehicle types in the global electric vehicle battery market owing to increase in the number of passenger EV registrations.
In 2017, based on battery type, the Lithium-ion battery dominated the electric vehicle battery market worldwide.

The key players profiled in the report include Pasonic, AESC, BYD, Mitsubishi, LG Chem, Samsung, Wanxiang, Beijing Pride Power, Tianneng, and SB LiMotive.
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