openPR Logo
Press release

US Electric Vehicle Battery Market Size, Share 2019, Impressive Industry Growth Report 2025

02-15-2021 09:34 AM CET | Logistics & Transport

Press release from: Orion Market Research

The US electric vehicle (EV) battery market is anticipated to grow at a significant CAGR of 11.0% during the forecast period (2019-2025). The US is a key market for the electric vehicle however the sales of the EV are quite low in the country as compared to other parts of the globe. It is majorly due to high cost of electric vehicle, lack of any nation-wide subsidy program and limited range of EVs. In an EV, batteries form a key part of the overall cost, therefore, major EV manufacturers such as Tesla, Inc., Proterra, Inc., and General Motor Company, among others are investing to launch lithium-ion battery production facility in the country to reduce the price of the battery manufacturing and so the overall cost of EV.

(Get 15% Discount on Buying this Report)

A full report of US Electric Vehicle Battery Market is available at: https://www.omrglobal.com/industry-reports/us-electric-vehicle-battery-market

In December 2020, Proterra Inc., a major manufacturer of electric commercial vehicles announced to open a Next-gen EV battery manufacturing facility in the US. This new battery production line is expected to manufacture battery packs featuring new, next-generation cells in Los Angeles County. The facility aims at expanding Proterra's battery production capacity to meet the growing demand for the company's battery systems in Proterra Powered commercial vehicles and Proterra’s transit buses. Alike, in December 2019, GM Company and LG Chem announced to invest nearly $2.3 billion to build a 30 GWh EV battery factory in Lordstown, Ohio. The growing investment of key players in building EV battery manufacturing facilities in the US is anticipated to support the supply chain of EVs in the country which in turn is anticipated to promote EV battery market.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/us-electric-vehicle-battery-market

Market Coverage

• The market number available for – 2018-2025
• Base year- 2019
• Forecast period- 2019-2025
• Segment Covered- By Vehicle Type, By Battery Type, By Propulsion Type
• Competitive Landscape- Automotive Energy Supply Corp., Hitachi, Ltd., Toshiba Corp., Panasonic Corp., Lithium Energy Japan Corp., Tesla Inc.

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

US Electric Vehicle Battery Market Report Segment

By Vehicle Type

• Commercial Vehicles
• Passenger Cars
• Two-Wheelers

By Battery Type

• NiMH
• Li-ion
• Others

By Propulsion Type

• Battery Electric Vehicles
• Plug-in Hybrid Electric Vehicle

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/us-electric-vehicle-battery-market

Company Profiles

• East Penn Manufacturing Co.
• NOHMs Technologies, Inc.
• Panasonic Corp.
• Hankook AtlasBX Co., Ltd.
• EnerSys, Inc.
• Crown Battery
• Hitachi, Ltd.
• C&D Technologies, Inc.
• NEC Corp.
• SK Innovation Co. Ltd.
• Sony Corp.
• Narada Power Source Co., Ltd.

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release US Electric Vehicle Battery Market Size, Share 2019, Impressive Industry Growth Report 2025 here

News-ID: 2242139 • Views: 262

More Releases from Orion Market Research

Global Breast Biopsy Market Trends 2021 | Segmentation, Outlook, Industry Report …
The global breast biopsy market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period (2021-2027). The key companies across the globe are highly inclined towards the adoption of different growth strategies including capacity expansion, mergers and acquisitions, new product launches, and product innovation to remain competitive in the marketplace. For instance, in January 2021, Hologic, Inc. had acquired Somatex Medical Technologies GmbH for around $64
Global Biomarker Market Trends 2021 | Segmentation, Outlook, Industry Report to …
The global metabolomics biomarker market size was accounted at $188 million in 2018 and estimated to grow at a CAGR of 12.2% during the forecast period. The global metabolomics biomarker is growing at a significant rate owing to various factors such as ongoing research on metabolomics biomarker, innovative development in informatics and analytical technologies, and extensive applications such as in the detection of colorectal cancer. The increasing prevalence of colorectal
Asia-Pacific Rooftop Solar Panel Market Trends 2021 | Segmentation, Outlook, Ind …
Asia-Pacific rooftop solar panel market is anticipated to grow at a CAGR of around 8.4% during the forecast period (2021-2027). Increasing awareness about environmental concerns such as carbon emissions, global warming, and air pollution due to the extensive use of fossil fuels to generate energy at various verticals is one of the major factors that contribute to the market growth. A growing trend towards green energy resources has also influenced
US Interleukin Inhibitors Market Trends 2021 | Segmentation, Outlook, Industry R …
The US Interleukin Inhibitors market is anticipated to grow significantly at a CAGR of 11.0% over the forecast period (2021-2027). The key aspect that drives the growth of the US Interleukin Inhibitors market includes the rise in the prevalence of arthritis, asthma, eczema, inflammatory bowel disease (IBD), psoriasis, and others. According to the Institute for Health Metrics and Evaluation, the prevalence of psoriasis was 4.1 million in 2017 which increased

All 5 Releases


More Releases for Vehicle

Fuel Cell Vehicle Market
The report aims to provide an overview of the global Fuel Cell Vehicle Market with detailed market segmentation by technology, vehicle type, and geography. The global fuel cell vehicle market is expected to witness high growth during the forecast period. The fuel cell vehicle market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market. Get Sample Copy of
Electrical Vehicle Business
India is exploring the market acceptance and industry dynamics of the electric vehicles manufacturing and servicing sector, both are at an early stage, as domestic OEMs are just started launching EV models and the acceptance is growing slowly. The government policies like rolling out new taxes and awareness about these vehicles will improve the interests significantly which will accelerate the segment’s profitability. Although India’s CO2 emission levels from electricity generation are
Reliable Vehicle Performance Testing
Grant Squirrel Ensures Safety and Robustness of Product Line CAS DataLoggers provided a major automobile manufacturer with the data logging solution for its rigorous vehicle performance testing. As part of the testing of any new vehicle, sample units were typically subject to a variety of endurance and durability tests to identify any potential weak points or failure modes and chart their performance. To gather the most detailed record of a car’s
Vehicle Tracking Market
Vehicle Tracking Market – Global Industry Analysis and Forecast (2017-2026) – By Product, Vehicle, Technology, Application and Region. Vehicle Tracking Market size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. size is valued at US$ 8.1 Bn in 2017 and expected to grow at a CAGR of 7.5% in the forecasting period. Vehicle tracking market size is estimated
Vehicle Diagnostics Market by Vehicle Type, Application, Connectivity - 2021 | M …
The report "Vehicle Diagnostics Market by Vehicle Type, Application (Automatic Crash Notification, Vehicle Tracking, Vehicle Health Alert & Roadside Assistance), Connectivity (3G, 4G LTE, Wi-Fi, Bluetooth), Region, & Aftermarket (Vehicle Type & Region) - Forecast to 2021", The vehicle diagnostics market is projected to reach a market size of USD 30.22 Billion by 2021, growing at a CAGR of 16.79% from 2016 to 2021. Stringent emission norms, the rising demand
Vehicle Detectors Market
https://www.qandqmarketresearch.com/reports/7194018/vehicle-detectors-market-104 Vehicle detectors sense the presence of vehicles. They provide an output signal to a control unit, such as a gate or door operator, to open or close. When used as a safety device, vehicle detectors prevent a gate or door from closing on a vehicle. Global Vehicle Detectors market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast