Automotive Battery Outer Cases Market Analysis, Service Type, Overview, Sales Revenue and Growth 2021-2027 - Hitachi Metals, Samsung SDI, Viking Plastics

The “Automotive Battery Outer Cases” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The Automotive Battery Outer Cases Market is predicted to register a CAGR of 10.1% over the forecast period 2021 – 2027.”

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Market Overview

The impact of COVID-19 is inevitable on any industry as there were continuous lockdowns and halt of manufacturing units across the world. The COVID-19 pandemic has slowed battery supply chains as most battery cells are manufactured in China, thereby highlighting the dependence on China and the associated risks. This has spurred interest among various stakeholders for localization/regionalization of supply chains in the US and EU regions, paving the way for new opportunities in the market.

This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the Automotive Battery Outer Cases market within the upcoming years.

Automotive Battery Outer Cases market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.

The Automotive Battery Outer Cases market is often split supported product types, major applications, and important countries as follows:

Key Competitors of the Automotive Battery Outer Cases market is: Hitachi Metals, Samsung SDI, Viking Plastics, LyondellBasell, Thyssenkrupp

Major Types covered are:

PP Plastic Type

ABS Plastic Type

PVC Plastic Type

Others

Major Applications covered are:

PHEV

BEV

Others

Recent Developments

In November 2020, Delhi-based battery maker Inverted Energy announced the opening of its lithium battery manufacturing facility in New Delhi, India. The commissioning of the plant, which currently has a production capacity of 100 MWh (megawatt hour) annually, is aimed at reducing the dependence on China.
In December 2020, LG Chem Ltd announced its plans to more than double the production capacity of battery cells it makes in China for Tesla Inc. electric vehicles (EV) in 2021 to keep up with its US client's growth in the biggest car market. The firm, a supplier for Tesla's Shanghai-built Model 3, would also ship its increased output from China and Korea to Tesla's factories in Germany and the United States.

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Key Market Trends

The Lithium-Ion Battery Segment Expected To Have Significant Growth

The market for lithium-ion batteries is anticipated to observe the fastest growth during the forecast period. A lithium-ion battery is equipped for applications, which demand high-energy density solutions such as hybrid and electric automobiles. Additionally, in an effort to increase vehicle economies, manufacturers are continuously focusing on reducing the price of the battery, propelling the market growth, globally.

Compared to the traditional battery technology, lithium-ion batteries charge faster, last longer, and they have a higher power density for more battery life in a lighter package. The automotive lithium-ion battery has emerged as an eco-friendly, rechargeable power source compared to conventional batteries such as lead-acid and nickel-metal hydride batteries.

Regional market Automotive Battery Outer Cases (regional production, demand and forecast by country):

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.

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Competitive Landscape

Exide Technologies operates in China through its joint venture with Shenyang Dongbei Storage Battery Co. This helps in the mass production of automotive batteries in the market.
Panasonic and Toyota announced their plan to produce batteries for electric vehicles jointly. Panasonic announced that the mass production of batteries for electric vehicles began in the Gigafactory set up by the collaboration of Panasonic and Tesla in Nevada.

Report Features:

To project the worth and sales volume of the Automotive Battery Outer Cases market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Automotive Battery Outer Cases market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Automotive Battery Outer Cases market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

Report Customization:

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