EV Battery Market - Global Forecast 2026-2032

The EV battery market is undergoing significant transformation, shaped by new technologies, evolving industry standards, and a complex regulatory environment. Senior stakeholders require clarity on the forces influencing supply chains, design choices, and competitive strategy in order to capture value in electrified mobility.

Market Snapshot: EV Battery Market Growth and Outlook

The EV Battery Market grew from USD 101.47 billion in 2025 to USD 113.46 billion in 2026. It is expected to continue growing at a CAGR of 12.50%, reaching USD 231.54 billion by 2032. This sustained expansion highlights the acceleration of transport electrification, propelled by industrial investment and policy incentives.

Scope & Segmentation

Chemistry Types: Includes lithium-ion, solid-state, nickel-metal hydride, and lead acid batteries, each offering distinct profiles in energy density, cycle life, thermal management, and manufacturability.
Capacity Tiers: Battery packs segmented into below 40 kWh, 40–90 kWh, and above 90 kWh, addressing needs from urban passenger to commercial vehicle applications.
Form Factors: Cylindrical, pouch, and prismatic, impacting packaging efficiency, heat dissipation, and automation in assembly.
Propulsion Types: Covers battery electric vehicles, hybrid electric vehicles, plug-in hybrids, and fuel cell vehicles, reflecting divergent duty cycles and integration requirements.
Vehicle Classes: Differentiates between passenger vehicles (hatchback, sedan, SUV) and commercial vehicles (light and heavy), focusing on unique usage and durability needs.
Distribution Channels: Spans offline (dealer networks, fleet procurement) and online (e-commerce platforms) paths, influencing sales strategy and aftersales support.
Regions: Analysis covers the Americas, Europe Middle East & Africa, and Asia-Pacific, with attention to investment trends, policy environments, and manufacturing clusters.

Key Takeaways for Decision-Makers

Battery chemistries are evolving, with ongoing research in solid-state technology set to influence long-term product roadmaps while existing lithium-ion solutions remain dominant in the near term.
Manufacturers must align battery form factors, pack architectures, and capacity options with targeted vehicle use cases to optimize performance, manufacturability, and total cost of ownership.
Lifecycle strategies, including raw material recycling and closed-loop design, are increasingly critical as regulatory scrutiny on sustainability intensifies and buyer priorities shift toward environmental compliance.
Geopolitical developments and changing trade policies are prompting regionalization and localization of supply chains, emphasizing the importance of local partnerships and gigafactory investments.
Strategic collaborations, including joint ventures across OEMs, chemical suppliers, and technology partners, facilitate risk-sharing and accelerate commercialization of advanced battery solutions.
Integrated aftersales services, such as diagnostics and warranty management, are influencing purchasing decisions, particularly for fleet operators and commercial end-users seeking reliability and lower operational costs.

Tariff Impact Shaping US Battery Value Chains

Recent tariff measures in the United States have caused shifts in supplier networks, with OEMs and tier-one suppliers prioritizing diversification. Manufacturing and assembly activities are moving closer to end markets to manage risk and reduce exposure to fluctuating import duties. Companies are increasingly investing in local workforce development and new regional plants to support this trend. Tariff-driven cost pressures also underpin vertical integration and create incentives for advanced recycling and material recovery initiatives. These dynamics reshape the strategic landscape, affecting operational decisions and long-term planning.

EV Battery Market Methodology & Data Sources

This analysis utilizes a mixed-method approach, combining executive interviews, technical reviews, patents, policy analysis, and market triangulation. Data has been gathered from senior stakeholders in OEMs, suppliers, manufacturers, and fleet operators, enriched with technical assessments and regular cross-validation to ensure reliable insight into market dynamics.

Why This Report Matters

Provides actionable intelligence supporting supply chain realignment, product design optimization, and investment decisions for senior leadership teams.
Helps decision-makers adapt to evolving regulatory, commercial, and technology landscapes to safeguard business continuity and supply resilience.
Supports the development of targeted go-to-market, procurement, and lifecycle strategies to maintain competitive edge amid rapid industry shifts.

Conclusion

The battery sector is at a turning point as technology, policy, and supply chain priorities converge. Companies that align supply resilience, modular platforms, and sustainability strategies are positioned to lead in electrified mobility. Targeted partnerships and adaptive models will prove crucial to long-term competitiveness in this market.

Additional Product Information:

Purchase of this report includes 1 year online access with quarterly updates.
This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

1. Preface

1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders

2. Research Methodology

2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations

3. Executive Summary

3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap

4. Market Overview

4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy

5. Market Insights

5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025

8. EV Battery Market, by Battery Type

8.1. Lead Acid Batteries
8.2. Lithium-Ion Batteries
8.3. Nickel-Metal Hydride Batteries
8.4. Solid-State Batteries

9. EV Battery Market, by Charging Capacity

9.1. 40-90 kWh
9.2. Above 90 kWh
9.3. Below 40 kWh

10. EV Battery Market, by Battery Form

10.1. Cylindrical
10.2. Pouch
10.3. Prismatic

11. EV Battery Market, by Propulsion Type

11.1. Battery Electric Vehicle
11.2. Fuel Cell Electric Vehicle
11.3. Hybrid Electric Vehicle
11.4. Plug-In Hybrid Electric Vehicle

12. EV Battery Market, by Vehicle Type

12.1. Commercial Vehicles
12.1.1. Heavy Commercial Vehicles
12.1.2. Light Commercial Vehicles
12.2. Passenger Vehicles
12.2.1. Hatchbacks
12.2.2. Sedans
12.2.3. SUVs

13. EV Battery Market, by Distribution Channel

13.1. Offline
13.2. Online

14. EV Battery Market, by Region

14.1. Americas
14.1.1. North America
14.1.2. Latin America
14.2. Europe, Middle East & Africa
14.2.1. Europe
14.2.2. Middle East
14.2.3. Africa
14.3. Asia-Pacific

15. EV Battery Market, by Group

15.1. ASEAN
15.2. GCC
15.3. European Union
15.4. BRICS
15.5. G7
15.6. NATO

16. EV Battery Market, by Country

16.1. United States
16.2. Canada
16.3. Mexico
16.4. Brazil
16.5. United Kingdom
16.6. Germany
16.7. France
16.8. Russia
16.9. Italy
16.10. Spain
16.11. China
16.12. India
16.13. Japan
16.14. Australia
16.15. South Korea

17. United States EV Battery Market
18. China EV Battery Market

19. Competitive Landscape

19.1. Market Concentration Analysis, 2025
19.1.1. Concentration Ratio (CR)
19.1.2. Herfindahl Hirschman Index (HHI)
19.2. Recent Developments & Impact Analysis, 2025
19.3. Product Portfolio Analysis, 2025
19.4. Benchmarking Analysis, 2025
19.5. AESC Group Ltd.
19.6. Amara Raja Batteries Limited
19.7. BYD Co. Ltd
19.8. Clarios LLC
19.9. Contemporary Amperex Technology Co. Limited
19.10. Exicom Tele-Systems Limited
19.11. Exide Industries Ltd.
19.12. Farasis Energy Europe GmbH
19.13. GS Yuasa Corporation
19.14. Hero MotoCorp Ltd
19.15. Hitachi Ltd.
19.16. Johnson Controls Inc.
19.17. LG Energy Solution, Ltd.
19.18. Mitsubishi Corporation
19.19. Northvolt AB
19.20. Okaya Power Pvt. Ltd.
19.21. Panasonic Corporation
19.22. SAMSUNG SDI Co., Ltd.
19.23. Tata Motors Limited
19.24. Tesla, Inc.
19.25. Tianjin Lishen Battery Joint-Stock Co., Ltd.
19.26. Tianneng Power International Limited
19.27. Toshiba Corporation

List of Figures

FIGURE 1. GLOBAL EV BATTERY MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL EV BATTERY MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL EV BATTERY MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL EV BATTERY MARKET SIZE, BY BATTERY FORM, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL EV BATTERY MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL EV BATTERY MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. GLOBAL EV BATTERY MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 13. UNITED STATES EV BATTERY MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 14. CHINA EV BATTERY MARKET SIZE, 2018-2032 (USD MILLION)

List of Tables

TABLE 1. GLOBAL EV BATTERY MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL EV BATTERY MARKET SIZE, BY LEAD ACID BATTERIES, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL EV BATTERY MARKET SIZE, BY LEAD ACID BATTERIES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL EV BATTERY MARKET SIZE, BY LEAD ACID BATTERIES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL EV BATTERY MARKET SIZE, BY LITHIUM-ION BATTERIES, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL EV BATTERY MARKET SIZE, BY LITHIUM-ION BATTERIES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL EV BATTERY MARKET SIZE, BY LITHIUM-ION BATTERIES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL EV BATTERY MARKET SIZE, BY NICKEL-METAL HYDRIDE BATTERIES, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL EV BATTERY MARKET SIZE, BY NICKEL-METAL HYDRIDE BATTERIES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL EV BATTERY MARKET SIZE, BY NICKEL-METAL HYDRIDE BATTERIES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL EV BATTERY MARKET SIZE, BY SOLID-STATE BATTERIES, BY REGION, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL EV BATTERY MARKET SIZE, BY SOLID-STATE BATTERIES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL EV BATTERY MARKET SIZE, BY SOLID-STATE BATTERIES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL EV BATTERY MARKET SIZE, BY 40-90 KWH, BY REGION, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL EV BATTERY MARKET SIZE, BY 40-90 KWH, BY GROUP, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL EV BATTERY MARKET SIZE, BY 40-90 KWH, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL EV BATTERY MARKET SIZE, BY ABOVE 90 KWH, BY REGION, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL EV BATTERY MARKET SIZE, BY ABOVE 90 KWH, BY GROUP, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL EV BATTERY MARKET SIZE, BY ABOVE 90 KWH, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL EV BATTERY MARKET SIZE, BY BELOW 40 KWH, BY REGION, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL EV BATTERY MARKET SIZE, BY BELOW 40 KWH, BY GROUP, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL EV BATTERY MARKET SIZE, BY BELOW 40 KWH, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL EV BATTERY MARKET SIZE, BY CYLINDRICAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL EV BATTERY MARKET SIZE, BY CYLINDRICAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL EV BATTERY MARKET SIZE, BY CYLINDRICAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL EV BATTERY MARKET SIZE, BY POUCH, BY REGION, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL EV BATTERY MARKET SIZE, BY POUCH, BY GROUP, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL EV BATTERY MARKET SIZE, BY POUCH, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL EV BATTERY MARKET SIZE, BY PRISMATIC, BY REGION, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL EV BATTERY MARKET SIZE, BY PRISMATIC, BY GROUP, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL EV BATTERY MARKET SIZE, BY PRISMATIC, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL EV BATTERY MARKET SIZE, BY BATTERY ELECTRIC VEHICLE, BY REGION, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL EV BATTERY MARKET SIZE, BY BATTERY ELECTRIC VEHICLE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL EV BATTERY MARKET SIZE, BY BATTERY ELECTRIC VEHICLE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL EV BATTERY MARKET SIZE, BY FUEL CELL ELECTRIC VEHICLE, BY REGION, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL EV BATTERY MARKET SIZE, BY FUEL CELL ELECTRIC VEHICLE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL EV BATTERY MARKET SIZE, BY FUEL CELL ELECTRIC VEHICLE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL EV BATTERY MARKET SIZE, BY HYBRID ELECTRIC VEHICLE, BY REGION, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL EV BATTERY MARKET SIZE, BY HYBRID ELECTRIC VEHICLE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL EV BATTERY MARKET SIZE, BY HYBRID ELECTRIC VEHICLE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL EV BATTERY MARKET SIZE, BY PLUG-IN HYBRID ELECTRIC VEHICLE, BY REGION, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL EV BATTERY MARKET SIZE, BY PLUG-IN HYBRID ELECTRIC VEHICLE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL EV BATTERY MARKET SIZE, BY PLUG-IN HYBRID ELECTRIC VEHICLE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, BY REGION, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL EV BATTERY MARKET SIZE, BY HEAVY COMMERCIAL VEHICLES, BY REGION, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL EV BATTERY MARKET SIZE, BY HEAVY COMMERCIAL VEHICLES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL EV BATTERY MARKET SIZE, BY HEAVY COMMERCIAL VEHICLES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL EV BATTERY MARKET SIZE, BY LIGHT COMMERCIAL VEHICLES, BY REGION, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL EV BATTERY MARKET SIZE, BY LIGHT COMMERCIAL VEHICLES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL EV BATTERY MARKET SIZE, BY LIGHT COMMERCIAL VEHICLES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, BY REGION, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL EV BATTERY MARKET SIZE, BY HATCHBACKS, BY REGION, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL EV BATTERY MARKET SIZE, BY HATCHBACKS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL EV BATTERY MARKET SIZE, BY HATCHBACKS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL EV BATTERY MARKET SIZE, BY SEDANS, BY REGION, 2018-2032 (USD MILLION)
TABLE 67. GLOBAL EV BATTERY MARKET SIZE, BY SEDANS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 68. GLOBAL EV BATTERY MARKET SIZE, BY SEDANS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 69. GLOBAL EV BATTERY MARKET SIZE, BY SUVS, BY REGION, 2018-2032 (USD MILLION)
TABLE 70. GLOBAL EV BATTERY MARKET SIZE, BY SUVS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 71. GLOBAL EV BATTERY MARKET SIZE, BY SUVS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 72. GLOBAL EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 73. GLOBAL EV BATTERY MARKET SIZE, BY OFFLINE, BY REGION, 2018-2032 (USD MILLION)
TABLE 74. GLOBAL EV BATTERY MARKET SIZE, BY OFFLINE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 75. GLOBAL EV BATTERY MARKET SIZE, BY OFFLINE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 76. GLOBAL EV BATTERY MARKET SIZE, BY ONLINE, BY REGION, 2018-2032 (USD MILLION)
TABLE 77. GLOBAL EV BATTERY MARKET SIZE, BY ONLINE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 78. GLOBAL EV BATTERY MARKET SIZE, BY ONLINE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 79. GLOBAL EV BATTERY MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 80. AMERICAS EV BATTERY MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 81. AMERICAS EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 82. AMERICAS EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 83. AMERICAS EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 84. AMERICAS EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 85. AMERICAS EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 86. AMERICAS EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 87. AMERICAS EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 88. AMERICAS EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 89. NORTH AMERICA EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 90. NORTH AMERICA EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 91. NORTH AMERICA EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 92. NORTH AMERICA EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 93. NORTH AMERICA EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 94. NORTH AMERICA EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 95. NORTH AMERICA EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 96. NORTH AMERICA EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 97. NORTH AMERICA EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 98. LATIN AMERICA EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 99. LATIN AMERICA EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 100. LATIN AMERICA EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 101. LATIN AMERICA EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 102. LATIN AMERICA EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 103. LATIN AMERICA EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 104. LATIN AMERICA EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 105. LATIN AMERICA EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 106. LATIN AMERICA EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 107. EUROPE, MIDDLE EAST & AFRICA EV BATTERY MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 108. EUROPE, MIDDLE EAST & AFRICA EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 109. EUROPE, MIDDLE EAST & AFRICA EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 110. EUROPE, MIDDLE EAST & AFRICA EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 111. EUROPE, MIDDLE EAST & AFRICA EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 112. EUROPE, MIDDLE EAST & AFRICA EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 113. EUROPE, MIDDLE EAST & AFRICA EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 114. EUROPE, MIDDLE EAST & AFRICA EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 115. EUROPE, MIDDLE EAST & AFRICA EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 116. EUROPE EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 117. EUROPE EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 118. EUROPE EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 119. EUROPE EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 120. EUROPE EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 121. EUROPE EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 122. EUROPE EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 123. EUROPE EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 124. EUROPE EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 125. MIDDLE EAST EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 126. MIDDLE EAST EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 127. MIDDLE EAST EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 128. MIDDLE EAST EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 129. MIDDLE EAST EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 130. MIDDLE EAST EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 131. MIDDLE EAST EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 132. MIDDLE EAST EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 133. MIDDLE EAST EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 134. AFRICA EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 135. AFRICA EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 136. AFRICA EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 137. AFRICA EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 138. AFRICA EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 139. AFRICA EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 140. AFRICA EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 141. AFRICA EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 142. AFRICA EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 143. ASIA-PACIFIC EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 144. ASIA-PACIFIC EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 145. ASIA-PACIFIC EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 146. ASIA-PACIFIC EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 147. ASIA-PACIFIC EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 148. ASIA-PACIFIC EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 149. ASIA-PACIFIC EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 150. ASIA-PACIFIC EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 151. ASIA-PACIFIC EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 152. GLOBAL EV BATTERY MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 153. ASEAN EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 154. ASEAN EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 155. ASEAN EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 156. ASEAN EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 157. ASEAN EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 158. ASEAN EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 159. ASEAN EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 160. ASEAN EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 161. ASEAN EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 162. GCC EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 163. GCC EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 164. GCC EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 165. GCC EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 166. GCC EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 167. GCC EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 168. GCC EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 169. GCC EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 170. GCC EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 171. EUROPEAN UNION EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 172. EUROPEAN UNION EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 173. EUROPEAN UNION EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 174. EUROPEAN UNION EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 175. EUROPEAN UNION EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 176. EUROPEAN UNION EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 177. EUROPEAN UNION EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 178. EUROPEAN UNION EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 179. EUROPEAN UNION EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 180. BRICS EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 181. BRICS EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 182. BRICS EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 183. BRICS EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 184. BRICS EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 185. BRICS EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 186. BRICS EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 187. BRICS EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 188. BRICS EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 189. G7 EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 190. G7 EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 191. G7 EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 192. G7 EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 193. G7 EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 194. G7 EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 195. G7 EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 196. G7 EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 197. G7 EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 198. NATO EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 199. NATO EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 200. NATO EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 201. NATO EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 202. NATO EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 203. NATO EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 204. NATO EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 205. NATO EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 206. NATO EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 207. GLOBAL EV BATTERY MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 208. UNITED STATES EV BATTERY MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 209. UNITED STATES EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 210. UNITED STATES EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 211. UNITED STATES EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 212. UNITED STATES EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 213. UNITED STATES EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 214. UNITED STATES EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 215. UNITED STATES EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 216. UNITED STATES EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)
TABLE 217. CHINA EV BATTERY MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 218. CHINA EV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018-2032 (USD MILLION)
TABLE 219. CHINA EV BATTERY MARKET SIZE, BY CHARGING CAPACITY, 2018-2032 (USD MILLION)
TABLE 220. CHINA EV BATTERY MARKET SIZE, BY BATTERY FORM, 2018-2032 (USD MILLION)
TABLE 221. CHINA EV BATTERY MARKET SIZE, BY PROPULSION TYPE, 2018-2032 (USD MILLION)
TABLE 222. CHINA EV BATTERY MARKET SIZE, BY VEHICLE TYPE, 2018-2032 (USD MILLION)
TABLE 223. CHINA EV BATTERY MARKET SIZE, BY COMMERCIAL VEHICLES, 2018-2032 (USD MILLION)
TABLE 224. CHINA EV BATTERY MARKET SIZE, BY PASSENGER VEHICLES, 2018-2032 (USD MILLION)
TABLE 225. CHINA EV BATTERY MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this EV Battery market report include:

AESC Group Ltd.
Amara Raja Batteries Limited
BYD Co. Ltd
Clarios LLC
Contemporary Amperex Technology Co. Limited
Exicom Tele-Systems Limited
Exide Industries Ltd.
Farasis Energy Europe GmbH
GS Yuasa Corporation
Hero MotoCorp Ltd
Hitachi Ltd.
Johnson Controls Inc.
LG Energy Solution, Ltd.
Mitsubishi Corporation
Northvolt AB
Okaya Power Pvt. Ltd.
Panasonic Corporation
SAMSUNG SDI Co., Ltd.
Tata Motors Limited
Tesla, Inc.
Tianjin Lishen Battery Joint-Stock Co., Ltd.
Tianneng Power International Limited
Toshiba Corporation

Table Information

Report Attribute	Details
No. of Pages	182
Published	January 2026
Forecast Period	2026 - 2032
Estimated Market Value ( USD ) in 2026	$ 113.46 Billion
Forecasted Market Value ( USD ) by 2032	$ 231.54 Billion
Compound Annual Growth Rate	12.5%
Regions Covered	Global
No. of Companies Mentioned	24

License	Properties	Price
SINGLE USER LICENSE PDF, Excel and Online Access	This is a single user license, allowing one user access to the product.	€3513EUR$3,939USD£3,047GBP
1 - 5 USER LICENSE PDF, Excel and Online Access	This is a 1-5 user license, allowing up to five users have access to the product.	€3789EUR$4,249USD£3,286GBP
SITE LICENSE PDF, Excel and Online Access	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€5136EUR$5,759USD£4,454GBP
ENTERPRISE LICENSE PDF, Excel and Online Access	This is an enterprise license, allowing all employees within your organization access to the product.	€6215EUR$6,969USD£5,390GBP

Market Snapshot: EV Battery Market Growth and Outlook

Scope & Segmentation

Key Takeaways for Decision-Makers

Tariff Impact Shaping US Battery Value Chains

EV Battery Market Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

Related Topics

Related Reports

Electric Vehicle (EV) Battery Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025-2032 - (By Battery Type, Battery Capacity, Propulsion Type, Vehicle Type, Geographic Coverage and By Company)

EV Battery Market by Battery Type (Li-Ion, NiMH, SSB), Vehicle Type (PC, Vans/Light Truck, MHCV, Bus & OHV), Propulsion, Battery Form, Material Type, Battery Capacity, Method, Li-Ion Battery Component, and Region - Global Forecast to 2035

Second-life EV Batteries Market - Global Forecast 2026-2032

Electric Vehicle (EV) Batteries Global Market Report 2025

Edition 2025: EV Battery Technologies and Supply Chain Management, 2025-2035