Global Electric Vehicle Battery Market
The Electric vehicle battery is defined as battery used to power the electric motors of a battery electric vehicle or hybrid electric vehicle. Electric vehicle battery also referred as traction battery. These are usually rechargeable batteries are typically lithium-ion batteries. The electric vehicle batteries are designed for a high ampere-hour capacity.
Market Drivers
The increase in emphasis of leading automakers, including General Motors, Motors, and Bayerische Motoren Werke AG on rolling out electric vehicles is anticipated to boost the global electric vehicle battery market growth. Furthermore, the growing consumer interest, policy incentives, and improved battery technology to reduce carbon footprint will positively influence the market growth. Also, the rise in the driving range per recharge and reducing the cost of electric vehicles is expected to fuel the global electric vehicle battery market growth during this forecast period. Moreover, the rise in automotive production in Japan, China, Germany, Mexico, Malaysia, South Korea, and Taiwan among other countries, expected to propel the growth of the electric vehicle battery market across the globe.
Market Restraints
Lack of charging infrastructure is a major restraint which expected to hamper the global electric vehicle battery market growth. Also, the cost of installation is high and cost efficiency for consumers to charge their vehicles is not at the required level which anticipated to hindering the market growth.
Market Segmentation
The Global Electric Vehicle Battery Market is segmented into battery type such as Lithium-Ion, Lead-Acid, Nickel Metal Hydride, Sodium-Ion, and Others, by vehicle type such as Passenger Vehicles, and Commercial Vehicles. Further, market is segmented into propulsion Battery Electric Vehicle, and Plug-In Hybrid Electric Vehicle.
Also, the Global Electric Vehicle Battery Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as NEC Corporation, Hitachi, Sony, TCL Corporation, Panasonic Corporation, Duracell, NorthStar, Crown Battery Manufacturing, GS Yuasa Corp, C&D Technologies, Inc., etc.
Market Taxonomy
By Battery Type
By Vehicle Type
By Propulsion
By Region
Key Questions Addressed by the Report
Global Electric Vehicle Battery Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Electric Vehicle Battery Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Electric Vehicle Battery Market, By Battery Type
5.1 Y-o-Y Growth Comparison, By Battery Type
5.2 Global Electric Vehicle Battery Market Share Analysis, By Battery Type
5.3 Global Electric Vehicle Battery Market Size and Forecast, By Battery Type
5.3.1 Lithium-Ion
5.3.2 Lead-Acid
5.3.3 Nickel Metal Hydride
5.3.4 Sodium-Ion
5.3.5 Others
6 Global Electric Vehicle Battery Market, By Vehicle Type
6.1 Y-o-Y Growth Comparison, By Vehicle Type
6.2 Global Electric Vehicle Battery Market Share Analysis, By Vehicle Type
6.3 Global Electric Vehicle Battery Market Size and Forecast, By Vehicle Type
6.3.1 Passenger Vehicles
6.3.2 Commercial Vehicles
7 Global Electric Vehicle Battery Market, By Propulsion
7.1 Y-o-Y Growth Comparison, By Propulsion
7.2 Global Electric Vehicle Battery Market Share Analysis, By Propulsion
7.3 Global Electric Vehicle Battery Market Size and Forecast, By Propulsion
7.3. 1 Battery Electric Vehicle
7.3.2 Plug-In Hybrid Electric Vehicle
8Global Electric Vehicle Battery Market, By Region
8.1 Global Electric Vehicle Battery Market Share Analysis, By Region
8.2 Global Electric Vehicle Battery Market Share Analysis, By Region
8.3 Global Electric Vehicle Battery Market Size and Forecast, By Region
9 North America Electric Vehicle Battery Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Electric Vehicle Battery Market Share Analysis, By Battery Type
9.3 North America Electric Vehicle Battery Market Size and Forecast, By Vehicle Type
9.4 North America Electric Vehicle Battery Market Size and Forecast, By Propulsion
9.5 North America Electric Vehicle Battery Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeElectric Vehicle Battery Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Electric Vehicle Battery Market Share Analysis, By Battery Type
10.3 Europe Electric Vehicle Battery Market Size and Forecast, By Vehicle Type
10.4 Europe Electric Vehicle Battery Market Size and Forecast, By Propulsion
10.5 Europe Electric Vehicle Battery Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Electric Vehicle Battery Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Electric Vehicle Battery Market Share Analysis, By Battery Type
11.3 Asia Pacific Electric Vehicle Battery Market Size and Forecast, By Vehicle Type
11.4 Asia Pacific Electric Vehicle Battery Market Size and Forecast, By Propulsion
11.5 Asia Pacific Electric Vehicle Battery Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Electric Vehicle Battery Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Electric Vehicle Battery Market Share Analysis, By Battery Type
12.3 Latin America Electric Vehicle Battery Market Size and Forecast, By Vehicle Type
12.4 Latin America Electric Vehicle Battery Market Size and Forecast, By Propulsion
12.5 Latin America Electric Vehicle Battery Market Size and Forecast, Country
13Middle East Electric Vehicle Battery Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Electric Vehicle Battery Market Share Analysis, By Battery Type
13.3 Middle East Electric Vehicle Battery Market Size and Forecast, By Vehicle Type
13.4 Middle East Electric Vehicle Battery Market Size and Forecast, By Propulsion
13.5 Middle East Electric Vehicle Battery Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 NEC Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Hitachi
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Sony
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 TCL Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Panasonic Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Duracell
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 NorthStar
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Crown Battery Manufacturing
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 GS Yuasa Corp
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 C&D Technologies, Inc
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies