EV Battery Market Scenario  

Improvement in battery technology and government policies & regulations are some of the major factors propelling the EV battery market globally. Furthermore, increasing demand for electric vehicles is also one of the factor augmenting the growth of EV battery market. However, concerns over battery safety is one of the major factor expected to hamper the global growth of the EV battery market.   

EV Battery Market Segmentation

The EV Battery market is segmented by battery type, battery capacity, propulsion, method and geography. Various battery type used in manufacturing of EV battery are lithium-ion, lead-acid, nickel-metal hydride, solid-state and others. Furthermore, the battery capacity comprises of <50 Kwh, 50-110 Kwh, 111-200 Kwh, 201-300 Kwh and >300 Kwh. The propulsion segment includes Battery Electric Vehicles (Bevs), Hybrid Electric Vehicles (Hevs), Plug-Hybrid Electric Vehicles (Phevs) and Fuel Cell Electric Vehicles (Fcevs). Likewise, the method includes wire bonding and laser bonding. Based on Geography, the EV battery Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.

EV Battery Market by Geography

Geographically, the EV Battery market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, the Asia Pacific is expected to account for the largest market share. The Presence of global leaders, electrification of commercial vehicles and government subsidies to electric commercial vehicles are supporting market growth in the region.

EV Battery Market Key Players

Some of the major players operating in the global EV Battery market includes CATL, Samsung Sdi, Panasonic, Lg Chem, Byd Company Limited, Sk Innovation Co. Ltd., Vehicle Energy Japan Co. Ltd. (Under Hitachi Automotive Systems, Ltd.), Toshiba Corporation, Mitsubishi Corporation, Envision Aesc, Enersys, A123 Systems (Subsidiary Of Wanxiang Group), Gs Yuasa, Exide Industries Limited and Primearth Ev Energy Co., Ltd. These players are focusing on innovation as well as research & development in order to gain a higher share in the market to enhance their position in the market.

EV Battery Market Report Key Benefits

• The report offers changing market dynamics in the EV Battery market, presenting historical, current and projected market size in terms of value (USD Million)
• The report comprises a detailed analysis of the factors that drive and restrict the growth of the global EV Battery market.
• The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of EV Battery
• It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the EV Battery market performance
• Key players within the global EV Battery market are profiled to understand the competitor scenario.

Research Objectives of EV Battery Market Report:

• Analysing the outlook of the market with the recent trends and Porter’s five forces analysis.
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the EV Battery market.
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
• Comprehensive company profiles, covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.