DUBLIN--(BUSINESS WIRE)--The "Electric Vehicle Battery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Electric Vehicle Battery Market to Reach $84.5 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Electric Vehicle Battery estimated at US$26.5 Billion in the year 2022, is projected to reach a revised size of US$84.5 Billion by 2030, growing at a CAGR of 15.6% over the analysis period 2022-2030.
Lithium ion Battery, one of the segments analyzed in the report, is projected to record a 18.2% CAGR and reach US$69 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Lead Acid Battery segment is readjusted to a revised 7.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.2 Billion, While China is Forecast to Grow at 21.4% CAGR
The Electric Vehicle Battery market in the U.S. is estimated at US$7.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$21 Billion by the year 2030 trailing a CAGR of 21.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.7% and 17.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 16% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$13.1 Billion by the year 2030.
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Electric Vehicle Battery - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- 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
- Technology 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 (Total 13 Featured)
- 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
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
For more information about this report visit https://www.researchandmarkets.com/r/3zkrku-vehicle?w=4
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