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Electric Vehicle (EV) Batteries Global Market Report 2022, By Battery Type, By Vehicle Type, By Propulsion

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    Report

  • 175 Pages
  • March 2022
  • Region: Global
  • The Business Research Company
  • ID: 5562270

FEATURED COMPANIES

  • BYD Company Ltd.
  • CATL
  • Daimler AG
  • Hitachi Ltd.
  • Johnson Controls
  • Panasonic Corporation
EV Batteries Global Market Report 2022 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global electric vehicle batteries market.



This report focuses on electric vehicle batteries market which is experiencing strong growth. The report gives a guide to the electric vehicle batteries market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.

R

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
  • Create regional and country strategies on the basis of local data and analysis
  • Identify growth segments for investment
  • Outperform competitors using forecast data and the drivers and trends shaping the market
  • Understand customers based on the latest market research findings
  • Benchmark performance against key competitors
  • Utilize the relationships between key data sets for superior strategizing
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the electric vehicle batteries? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Electric Vehicle Batteries market global report from the publisher answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider electric vehicle batteries market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market
  • The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market
  • Market segmentations break down market into sub markets
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
  • The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this
  • The electric vehicle batteries market section of the report gives context. It compares the electric vehicle batteries market with other segments of the electric vehicle batteries market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, electric vehicle batteries indicators comparison

Scope


Markets Covered:

1) By Battery Type: Lithium-Ion; Lead-Acid; Nickel-Metal Hydride; Sodium-Ion; Others
2) By Vehicle Type: Passenger Vehicles; Commercial Vehicles
3) By Propulsion: Battery Electric Vehicle (BEV); Plug-In Hybrid Electric Vehicle (PHEV)

Companies Mentioned: Panasonic Corporation; Mitsubishi Motors Corporation; Beijing Pride New Energy Battery Technology Co., Ltd.; Automotive Energy Supply Corporation; BYD Company Ltd.

Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions; per capita expenditure.,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


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Frequently Asked Questions about the Global EV Batteries Market

What is the estimated value of the Global EV Batteries Market?

The Global EV Batteries Market was estimated to be valued at $25.4 billion in 2022.

What is the growth rate of the Global EV Batteries Market?

The growth rate of the Global EV Batteries Market is 6.9%, with an estimated value of $33.3 billion by 2026.

What is the forecasted size of the Global EV Batteries Market?

The Global EV Batteries Market is estimated to be worth $33.3 billion by 2026.

Who are the key companies in the Global EV Batteries Market?

Key companies in the Global EV Batteries Market include Panasonic Corporation, Mitsubishi Motors Corporation, Beijing Pride New Energy Battery Technology Co. Ltd., Automotive Energy Supply Corporation, BYD Company Ltd., Daimler AG, Robert Bosch GmbH, SAMSUNG SDI CO. and Johnson Controls.

FEATURED COMPANIES

  • BYD Company Ltd.
  • CATL
  • Daimler AG
  • Hitachi Ltd.
  • Johnson Controls
  • Panasonic Corporation

1. Executive Summary2. Electric Vehicle Batteries Market Characteristics3. Electric Vehicle Batteries Market Trends And Strategies4. Impact Of COVID-19 On Electric Vehicle Batteries
5. Electric Vehicle Batteries Market Size And Growth
5.1. Global Electric Vehicle Batteries Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Electric Vehicle Batteries Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Electric Vehicle Batteries Market Segmentation
6.1. Global Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Lithium-Ion
  • Lead-Acid
  • Nickel-Metal Hydride
  • Sodium-Ion
  • Others
6.2. Global Electric Vehicle Batteries Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Passenger Vehicles
  • Commercial Vehicles
6.3. Global Electric Vehicle Batteries Market, Segmentation By Propulsion, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Battery Electric Vehicle (BEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)

7. Electric Vehicle Batteries Market Regional And Country Analysis
7.1. Global Electric Vehicle Batteries Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Electric Vehicle Batteries Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Electric Vehicle Batteries Market
8.1. Asia-Pacific Electric Vehicle Batteries Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Electric Vehicle Batteries Market
9.1. China Electric Vehicle Batteries Market Overview
9.2. China Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Electric Vehicle Batteries Market
10.1. India Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Electric Vehicle Batteries Market
11.1. Japan Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Electric Vehicle Batteries Market
12.1. Australia Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Electric Vehicle Batteries Market
13.1. Indonesia Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Electric Vehicle Batteries Market
14.1. South Korea Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Electric Vehicle Batteries Market
15.1. Western Europe Electric Vehicle Batteries Market Overview
15.2. Western Europe Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Electric Vehicle Batteries Market
16.1. UK Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Electric Vehicle Batteries Market
17.1. Germany Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Electric Vehicle Batteries Market
18.3. France Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Electric Vehicle Batteries Market
19.1. Eastern Europe Electric Vehicle Batteries Market Overview
19.2. Eastern Europe Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Electric Vehicle Batteries Market
20.1. Russia Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Electric Vehicle Batteries Market
21.1. North America Electric Vehicle Batteries Market Overview
21.2. North America Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Electric Vehicle Batteries Market
22.1. USA Electric Vehicle Batteries Market Overview
22.2. USA Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Electric Vehicle Batteries Market
23.1. South America Electric Vehicle Batteries Market Overview
23.2. South America Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Electric Vehicle Batteries Market
24.1. Brazil Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Electric Vehicle Batteries Market
25.1. Middle East Electric Vehicle Batteries Market Overview
25.2. Middle East Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Electric Vehicle Batteries Market
26.1. Africa Electric Vehicle Batteries Market Overview
26.2. Africa Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Electric Vehicle Batteries Market Competitive Landscape And Company Profiles
27.1. Electric Vehicle Batteries Market Competitive Landscape
27.2. Electric Vehicle Batteries Market Company Profiles
27.2.1. Panasonic Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Mitsubishi Motors Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Beijing Pride New Energy Battery Technology Co., Ltd
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Automotive Energy Supply Corporation
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. BYD Company Ltd
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Electric Vehicle Batteries Market29. Electric Vehicle Batteries Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer

FEATURED COMPANIES

  • BYD Company Ltd.
  • CATL
  • Daimler AG
  • Hitachi Ltd.
  • Johnson Controls
  • Panasonic Corporation
Major players in the electric vehicles batteries market are Panasonic Corporation, Mitsubishi Motors Corporation, Beijing Pride New Energy Battery Technology Co. Ltd, Automotive Energy Supply Corporation, BYD Company Ltd, Daimler AG, Robert Bosch GmbH, SAMSUNG SDI CO, Tianneng Power International Co. Ltd, and Johnson Controls.

The global EV batteries market is expected grow from $23.74 billion in 2021 to $25.43 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $33.26 billion in 2026 at a CAGR of 6.9%.

The electric vehicles batteries market consists of sales of electric vehicles batteries. Electric vehicles batteries are used to power the electronic vehicles and are rechargeable in nature. These batteries support the clean energy initiative as they don’t emit any harmful gases which causes damage to the environment.

The main types of battery used in electric vehicles are lithium-ion, lead-acid, nickel-metal hydride, sodium-ion and others. The lithium-ion are used in electric vehicles for safer and more stable movement than liquid li-ion batteries. The electric vehicles batteries are used two types of vehicles such as passenger and commercial vehicles and available in two types of propulsion such as battery electric vehicle and plug-in hybrid electric vehicle.

Asia Pacific was the largest region in the electric vehicles batteries market in 2021. Western Europe was the second-largest region in the electric vehicles batteries market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Advances in electric vehicles (EV) batteries and their associated technologies are attracting the interests of individuals to purchase EVs, contributing to the growth of the EV batteries. Recent advancements such as lithium-ion batteries, fast charging, and better mileage have helped the electric cars become more passenger-friendly. According to the United States Department of Energy, the range of average electric car have increased from 73 miles in 2011 to 400 miles in 2021. Moreover, the technological developments are contributing to reduced prices of the electronic batteries. According to the Bloomberg report, battery prices that were above USD 1,100 in 2010 have fallen by 87% to $156 per kilowatt-hour in 2019 and is likely to decline to $100 per kilowatt-hour by the end of 2023. Therefore, the advances in electronic battery and its associated technologies increase the vehicles mileage and draws more customers driving the electronic battery market.

The extraction of raw materials like lithium cobalt used in the electric vehicle battery has a harmful effect on the environment and governments impose restriction on mining the raw materials, hindering the growth of the market. The extraction process of one ton of lithium requires 50,000 gallons of water. Lithium mining has resulted in consumption of 65% water of the Salar de Atacama region, Chile, which has led to water shortages in Chile, South America along with severe toxic spills. As the demand upsurges, the mining activity also rises with increasing damage to the environment and will force the governments to enforce stringent regulation to curb the negative effects which would increase the production cost. Therefore, the harmful effect of electric vehicle batteries on the environment is expected to be a hindrance to the electric vehicle battery market over the coming years.

The charging of Electric vehicle batteries using Vehicle to grid technology is expected to gain traction in EV batteries Market. Vehicle to grid technology is a Bi-directional charging system technology in which plug-in electric vehicles like battery electric vehicles (BEV), plug-in hybrids (PHEV) or hydrogen fuel cell electric vehicles (FCEV) batteries’ can communicate with the power grid for either returning electricity to the grid, to homes during the peak times or increase their charging rate to discharge and charge the battery accordingly. For instance, in January 2021, FCA along with Engie EPS and Terna has launched the first phase of a vehicle-to-grid (V2G) pilot project in Turin, Italy, to test potential connections of the company’s vehicles to the grid. Thus, Vehicle to grid technology is anticipated to be a major trend in the electric battery market.

In May 2019, Tesla, the American based clean energy and electric vehicle company have acquired San-Diego based batteries and ultra-capacitor maker Maxwell technologies for $235.0 million. This Deal gives Tesla access to the patented technology of Maxwell - the dry cathode technology, which would allow Tesla to develop its own set of battery cells with high density and durability. Maxwell technologies are considered to be the pioneers in the area of super capacitors, their dry battery electrode technology is projected to improve the battery energy capacity by 50.0%, which in effect will double the battery life.

The countries covered in the electric vehicles batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A selection of companies mentioned in this report includes:

  • Panasonic Corporation
  • Mitsubishi Motors Corporation
  • Beijing Pride New Energy Battery Technology Co. Ltd.
  • Automotive Energy Supply Corporation
  • BYD Company Ltd.
  • Daimler AG
  • Robert Bosch GmbH
  • SAMSUNG SDI CO.
  • Tianneng Power International Co. Ltd.
  • Johnson Controls
  • GS Yuasa International Ltd.
  • Hitachi Ltd.
  • CATL

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