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Global Electric Vehicle (EV) Battery Market Size study & Forecast, by Propulsion Type (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle), by Battery Type (Lead Acid Battery, Nickel Metal Hydride Battery, Lithium-ion Battery), by Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler) and Regional Analysis, 2022-2029

October 2022 | 200 pages | ID: G6A6C9FDF8D5EN
Bizwit Research & Consulting LLP

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Global Electric Vehicle (EV) Battery Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. An electric vehicle battery is a rechargeable battery that helps to power the electric motors of a battery electric vehicle or hybrid electric vehicle. Generally, lithium-ion batteries are designed for high electric charge capacity. The surging demand for electric vehicles, rising advancements in battery technology, and availability of favorable government policies and regulations act as catalyzing factors for market growth around the world.

According to Statista, the total production of hybrid electric vehicles worldwide is recorded at 2.9 million vehicles in 2020, which is projected to grow and is likely to reach 5.4 million vehicles by the year 2025. Thereby, the rising adoption of a hybrid electric vehicle is fueling the demand for Electric Vehicle (EV) batteries, which is accelerating the market growth. The growing electric micromobility and the introduction of battery-as-a-service (BaaS) models are creating various lucrative opportunities for market growth over the forecasting years. However, the unavailability of charging infrastructure and high initial investments and high cost of electricity is restricting market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Electric Vehicle (EV) Battery Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to the increasing adoption of electric vehicles, imposition of favorable government policies and regulations, and rising investments in the advancements of lithium-ion battery capacity. Whereas, Europe is expected to grow significantly during the forecast period, factors such as rising environmental concerns, as well as, rapid advancements in battery technology, are burgeoning the market growth over the forecasting years.

Major market players included in this report are:
Panasonic Corporation
Mitsubishi Electric Corporation
LG Chem Ltd
Samsung Electronics Co. Ltd.
GSR Capital (Automotive Energy Supply Corporation)
BYD Company Limited
Wanxiang Group Corporation
Beijing Pride Power Battery Technology Co Ltd
Tianneng Power International Limited
Enersys (Quallion LLC)
Recent Developments in the Market:
In July 2022 Samsung SDI start the construction of its second battery production facility in Seremban, Malaysia. The objective of establishing this facility is to manufacture PRiMX 21700 cylindrical batteries that are primarily used for electric vehicles (EV), micro-mobility, and various other applications in 2024.
In May 2022 CATL entered into a partnership agreement with Solaris- a leading electric bus manufacturer in Europe with the aim of promoting electrification of city transportation across the region. CATL focuses on supplying lithium iron phosphate (LFP) batteries that is equipped with novel Cell to Pack (CTP) technology to Solaris to power its bus models.
In December 2021 CATL and Fisker Inc. has signed an agreement to offer two battery solutions for the Fisker Ocean SUV from 2023 to 2025 with an initial battery capacity of more than 5GWh annually. The CATL battery packs include large NMC (nickel manganese cobalt) battery packs and small LFP (lithium-ion phosphate) battery packs.
Global Electric Vehicle (EV) Battery Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Propulsion Type, Battery Type, Vehicle Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Propulsion Type:
Battery Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle
By Battery Type:
Lead Acid Battery
Nickel Metal Hydride Battery
Lithium-ion Battery
By Vehicle Type:
Passenger Car
Commercial Vehicle
Two-Wheeler

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Electric Vehicle (EV) Battery Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Electric Vehicle (EV) Battery Market, by Propulsion Type, 2019-2029 (USD Billion)
  1.2.3. Electric Vehicle (EV) Battery Market, by Battery Type, 2019-2029 (USD Billion)
  1.2.4. Electric Vehicle (EV) Battery Market, by Vehicle Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL ELECTRIC VEHICLE (EV) BATTERY MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL ELECTRIC VEHICLE (EV) BATTERY MARKET DYNAMICS

3.1. Electric Vehicle (EV) Battery Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Surging demand for electric vehicles
    3.1.1.2. Rising advancements in battery technology
  3.1.2. Market Challenges
    3.1.2.1. Unavailability of charging infrastructure
    3.1.2.2. High initial investments and high cost of electricity
  3.1.3. Market Opportunities
    3.1.3.1. Growing electric micromobility
    3.1.3.2. Introduction of battery-as-a-service (BaaS) models

CHAPTER 4. GLOBAL ELECTRIC VEHICLE (EV) BATTERY MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL ELECTRIC VEHICLE (EV) BATTERY MARKET, BY PROPULSION TYPE

6.1. Market Snapshot
6.2. Global Electric Vehicle (EV) Battery Market by Propulsion Type, Performance - Potential Analysis
6.3. Global Electric Vehicle (EV) Battery Market Estimates & Forecasts by Propulsion Type, 2019-2029 (USD Billion)
6.4. Electric Vehicle (EV) Battery Market, Sub Segment Analysis
  6.4.1. Battery Electric Vehicle
  6.4.2. Hybrid Electric Vehicle
  6.4.3. Plug-in Hybrid Electric Vehicle

CHAPTER 7. GLOBAL ELECTRIC VEHICLE (EV) BATTERY MARKET, BY BATTERY TYPE

7.1. Market Snapshot
7.2. Global Electric Vehicle (EV) Battery Market by Battery Type, Performance - Potential Analysis
7.3. Global Electric Vehicle (EV) Battery Market Estimates & Forecasts by Battery Type, 2019-2029 (USD Billion)
7.4. Electric Vehicle (EV) Battery Market, Sub Segment Analysis
  7.4.1. Lead Acid Battery
  7.4.2. Nickel Metal Hydride Battery
  7.4.3. Lithium-ion Battery

CHAPTER 8. GLOBAL ELECTRIC VEHICLE (EV) BATTERY MARKET, BY VEHICLE TYPE

8.1. Market Snapshot
8.2. Global Electric Vehicle (EV) Battery Market by Vehicle Type, Performance - Potential Analysis
8.3. Global Electric Vehicle (EV) Battery Market Estimates & Forecasts by Vehicle Type, 2019-2029 (USD Billion)
8.4. Electric Vehicle (EV) Battery Market, Sub Segment Analysis
  8.4.1. Passenger Car
  8.4.2. Commercial Vehicle
  8.4.3. Two-Wheeler

CHAPTER 9. GLOBAL ELECTRIC VEHICLE (EV) BATTERY MARKET, REGIONAL ANALYSIS

9.1. Electric Vehicle (EV) Battery Market, Regional Market Snapshot
9.2. North America Electric Vehicle (EV) Battery Market
  9.2.1. U.S. Electric Vehicle (EV) Battery Market
    9.2.1.1. Propulsion Type breakdown estimates & forecasts, 2019-2029
    9.2.1.2. Battery Type breakdown estimates & forecasts, 2019-2029
    9.2.1.3. Vehicle Type breakdown estimates & forecasts, 2019-2029
  9.2.2. Canada Electric Vehicle (EV) Battery Market
9.3. Europe Electric Vehicle (EV) Battery Market Snapshot
  9.3.1. U.K. Electric Vehicle (EV) Battery Market
  9.3.2. Germany Electric Vehicle (EV) Battery Market
  9.3.3. France Electric Vehicle (EV) Battery Market
  9.3.4. Spain Electric Vehicle (EV) Battery Market
  9.3.5. Italy Electric Vehicle (EV) Battery Market
  9.3.6. Rest of Europe Electric Vehicle (EV) Battery Market
9.4. Asia-Pacific Electric Vehicle (EV) Battery Market Snapshot
  9.4.1. China Electric Vehicle (EV) Battery Market
  9.4.2. India Electric Vehicle (EV) Battery Market
  9.4.3. Japan Electric Vehicle (EV) Battery Market
  9.4.4. Australia Electric Vehicle (EV) Battery Market
  9.4.5. South Korea Electric Vehicle (EV) Battery Market
  9.4.6. Rest of Asia Pacific Electric Vehicle (EV) Battery Market
9.5. Latin America Electric Vehicle (EV) Battery Market Snapshot
  9.5.1. Brazil Electric Vehicle (EV) Battery Market
  9.5.2. Mexico Electric Vehicle (EV) Battery Market
9.6. Rest of The World Electric Vehicle (EV) Battery Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Panasonic Corporation
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Mitsubishi Electric Corporation
  10.2.3. LG Chem Ltd
  10.2.4. Samsung Electronics Co. Ltd.
  10.2.5. GSR Capital (Automotive Energy Supply Corporation)
  10.2.6. BYD Company Limited
  10.2.7. Wanxiang Group Corporation
  10.2.8. Beijing Pride Power Battery Technology Co Ltd
  10.2.9. Tianneng Power International Limited
  10.2.10. Enersys (Quallion LLC)

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Electric Vehicle (EV) Battery Market, report scope
TABLE 2. Global Electric Vehicle (EV) Battery Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Electric Vehicle (EV) Battery Market estimates & forecasts by Propulsion Type 2019-2029 (USD Billion)
TABLE 4. Global Electric Vehicle (EV) Battery Market estimates & forecasts by Battery Type 2019-2029 (USD Billion)
TABLE 5. Global Electric Vehicle (EV) Battery Market estimates & forecasts by Vehicle Type 2019-2029 (USD Billion)
TABLE 6. Global Electric Vehicle (EV) Battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Electric Vehicle (EV) Battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Electric Vehicle (EV) Battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Electric Vehicle (EV) Battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Electric Vehicle (EV) Battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Electric Vehicle (EV) Battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Electric Vehicle (EV) Battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Electric Vehicle (EV) Battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Electric Vehicle (EV) Battery Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Electric Vehicle (EV) Battery Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Electric Vehicle (EV) Battery Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Electric Vehicle (EV) Battery Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Electric Vehicle (EV) Battery Market
TABLE 71. List of primary sources, used in the study of global Electric Vehicle (EV) Battery Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Electric Vehicle (EV) Battery Market, research methodology
FIG 2. Global Electric Vehicle (EV) Battery Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Electric Vehicle (EV) Battery Market, key trends 2021
FIG 5. Global Electric Vehicle (EV) Battery Market, growth prospects 2022-2029
FIG 6. Global Electric Vehicle (EV) Battery Market, porters 5 force model
FIG 7. Global Electric Vehicle (EV) Battery Market, pest analysis
FIG 8. Global Electric Vehicle (EV) Battery Market, value chain analysis
FIG 9. Global Electric Vehicle (EV) Battery Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Electric Vehicle (EV) Battery Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Electric Vehicle (EV) Battery Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Electric Vehicle (EV) Battery Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Electric Vehicle (EV) Battery Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Electric Vehicle (EV) Battery Market, regional snapshot 2019 & 2029
FIG 15. North America Electric Vehicle (EV) Battery Market 2019 & 2029 (USD Billion)
FIG 16. Europe Electric Vehicle (EV) Battery Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Electric Vehicle (EV) Battery Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Electric Vehicle (EV) Battery Market 2019 & 2029 (USD Billion)
FIG 19. Global Electric Vehicle (EV) Battery Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable





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