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Electric Vehicle Battery - Global Market Trajectory & Analytics

  • ID: 4804331
  • Report
  • May 2020
  • Region: Global
  • 281 pages
  • Global Industry Analysts, Inc
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Amid the COVID-19 crisis and the looming economic recession, the Electric Vehicle Battery market worldwide will grow by a projected US$56.5 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 16.1%. Lead Acid Battery, one of the segments analyzed and sized in this study, is forecast to grow at over 14.2% and reach a market size of US$28.7 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Lead Acid Battery market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 14% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$2 Billion to the region's size over the next 7 to 8 years. In addition, over US$1.8 Billion worth of projected demand in the region will come from Rest of the European markets. In Japan, the Lead Acid Battery segment will reach a market size of US$990.2 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Electric Vehicle Battery market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 21.2% over the next couple of years and add approximately US$10.3 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Electric Vehicle Battery market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others:

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

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Competitor Market Shares
Electric Vehicle Battery Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
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 Typefor the Years 2015, 2020, 2025 and 2030
Light Vehicles Market in North America – Breakdown of Sales in Thousands by Power Typefor 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 Regionfor 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

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Electric Vehicle Battery Market Share (in %) by Company: 2019 & 2025
Limited EV Battery Capacity Presents Challenge for the US
Tesla – The Only Hope for US to Deal with China’s Dominance in EV Batteries Space
Market Analytics
CANADA
JAPAN
CHINA
Market Facts & Figures
China Dominates EVs and EV Batteries Market
Relaxation of Rules: China's Domestic EV Battery Industry Faces Competitionfrom Overseas Players
Discarded EV Batteries Presents an Opportunity for Chinese Recyclers
Market Analytics
EUROPE
Market Facts & Figures
European Electric Vehicle Battery Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Europe Faces Stiff Challenge from Asia in EV Battery Market
EV Battery Supply (in Gigawatt Hours) in Europe for the Period 2017-2027
EU Announces State Aid for EV Battery Market
EU Invests to Strengthen Domestic EV Battery Industry
Europe to Boost Battery Manufacturing for EVs
Plans to Set Up EV Battery Plants Across Europe - A Review
Market Analytics
FRANCE
Market Facts & Figures
France Announces Investments to Reduce Dependence on EV Batteries from Asia
Market Analytics
GERMANY
Market Facts & Figures
Germany Invests in EV Battery Initiatives Amidst Growing Threat of Asian Makers
Market Analytics
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
Market Facts & Figures
Asian Companies Dominate EV Battery Market
Asian Companies Use Nickel in EV Batteries to Cut Costs
Market Analytics
AUSTRALIA
INDIA
Market Facts & Figures
Indian Government Promotes Indigenous Battery Manufacture to Support EV Industry
India's Li-Ion Batteries Market Rides on the Growing EV Market
Market Analytics
SOUTH KOREA
REST OF ASIA-PACIFIC
Market Facts & Figures
Thailand to Spearhead EV Battery Manufacturing and Assembly in Asia
Market Analytics
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA

IV. COMPETITION
Total Companies Profiled: 44

Note: Product cover images may vary from those shown
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