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Electric Vehicle Battery - Market Analysis, Trends, and Forecasts

  • ID: 4804331
  • Report
  • February 2020
  • Region: Global
  • 250 pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • A123 SYSTEMS LLC
  • BYD
  • JOHNSON CONTROLS, INC..
  • LG CHEM
  • SAMSUNG SDI
  • TESLA MOTORS
  • MORE
Electric Vehicle Battery market worldwide is projected to grow by US$53 Billion, driven by a compounded growth of 17.1%. Lead Acid Battery, one of the segments analyzed and sized in this study, displays the potential to grow at over 15.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$26.5 Billion by the year 2025, Lead Acid Battery will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 15.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$2 Billion to the region's size and clout in the next 5 to 6 years. Over US$1.7 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Lead Acid Battery will reach a market size of US$1.1 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 21.6% over the next couple of years and add approximately US$12.8 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. 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
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • A123 SYSTEMS LLC
  • BYD
  • JOHNSON CONTROLS, INC..
  • LG CHEM
  • SAMSUNG SDI
  • TESLA MOTORS
  • MORE

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

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

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

China Dominates EVs and EV Batteries Market

Relaxation of Rules: China's Domestic EV Battery Industry Faces Competition from 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

France Announces Investments to Reduce Dependence on EV Batteries from Asia

GERMANY

Germany Invests in EV Battery Initiatives Amidst Growing Threat of Asian Makers

Market Analytics

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

Asian Companies Dominate EV Battery Market

Asian Companies Use Nickel in EV Batteries to Cut Costs

Market Analytics

AUSTRALIA

INDIA

Indian Government Promotes Indigenous Battery Manufacture to Support EV Industry

India's Li-Ion Batteries Market Rides on the Growing EV Market

SOUTH KOREA

REST OF ASIA-PACIFIC

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

A123 SYSTEMS LLC

AUTOMOTIVE ENERGY SUPPLY CORPORATION (AESC)

BYD

CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED

E-ONE MOLI ENERGY CORPORATION

HITACHI AUTOMOTIVE SYSTEMS

JOHNSON CONTROLS, INC..

LG CHEM

SAMSUNG SDI

TESLA MOTORS

TIANNENG POWER INTERNATIONAL

WANXIANG AMERICA CORPORATION

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • A123 SYSTEMS LLC
  • AUTOMOTIVE ENERGY SUPPLY CORPORATION (AESC)
  • BYD
  • CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED
  • E-ONE MOLI ENERGY CORPORATION
  • HITACHI AUTOMOTIVE SYSTEMS
  • JOHNSON CONTROLS, INC..
  • LG CHEM
  • SAMSUNG SDI
  • TESLA MOTORS
Note: Product cover images may vary from those shown
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