Press release
EV battery market: Top Global Companies, Business Insights, Opportunities, Regional Overview, Strategies, and Size Forecast Until 2034
EV Battery Market
The EV battery market was valued at USD 50.12 billion in 2021.
The market is expected to expand at a CAGR of 18.9% from 2022 to 2030.
The market is anticipated to grow to USD 225.55 billion by 2030.
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
An electric vehicle (EV) battery is a rechargeable energy reservoir used to power electric cars. Usually composed of lithium-ion or other advanced materials, these batteries store electrical energy and supply the essential power to operate the vehicle. EV batteries play a crucial role in influencing the vehicle's range, charging duration, and overall efficiency. They are built to be robust, effective, and able to endure repeated charging and discharging cycles, aiding in the increased uptake of electric vehicles.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/electric-vehicle-battery-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
Conventional vehicles operate on fossil fuels such as petrol and diesel, which are expected to diminish in the near future. This will prompt consumers to prefer vehicles that utilize sustainable energy sources, consequently boosting the battery market's expansion. Furthermore, producers are focused on creating batteries with increased energy density to enhance battery range and employing nanowires to shorten charging times to satisfy the swiftly rising market demand.
๐๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ:
In this extremely competitive market, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market. Some of the major players participating in the EV battery market:
Atlasbx Co. Ltd.
Bb Battery Co.
BYD Company Ltd.
C&D Technologies Inc.
Contemporary Ampere Technology Co. Ltd
Crown Battery Manufacturing
Duracell
East Penn Manufacturing Company
Enersys Inc.
EV Battery Market
Exide Industries Limited
Gs Yuasa Corp.
Hitachi Chemical Co. Ltd
Huanyu New Energy Technology
LG Chem
Narada Power Source Co. Ltd
NEC Corporation
North Star
Panasonic Corporation
Samsung SDI
SK Innovation Co. Ltd
Sony
TCL Corporation
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/electric-vehicle-battery-market/request-for-discount-pricing
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The EV battery market is mainly segmented based on battery, propulsion, vehicle, method, battery capacity, battery form, material, and region. Based on battery analysis, in 2021, the lithium-ion batteries held the highest revenue share. The demand for lithium-ion batteries in electric vehicles is increasing due to their safety compared to alternatives; concurrently, swift charging sessions enhance market expansion throughout the projected period. Also, according to propulsion analysis, the battery electric vehicle (BEV) is anticipated to spearhead the market growth due to due to their rising popularity as they are fully electric and operate on rechargeable batteries.
EV Battery, Battery Outlook (Revenue - USD Billion, 2018 - 2030)
Lead-Acid
Lithium-Ion
Positive Electrode
Negative Electrode
Electrolyte
Separator
Nickel-Metal Hydride
Sodium-Ion
Solid-State
EV Battery, Propulsion Outlook (Revenue - USD Billion, 2018 - 2030)
BEV
HEV
PHEV
FCEV
EV Battery, Vehicle Outlook (Revenue - USD Billion, 2018 - 2030)
Passenger Cars
Vans/Light Trucks
Medium & Heavy Trucks
Buses
Off-Highway Vehicles
EV Battery, Method Outlook (Revenue - USD Billion, 2018 - 2030)
Wire Bonding
Laser Bonding
EV Battery, Battery Capacity Outlook (Revenue - USD Billion, 2018 - 2030)
5o kWh
50-11o kWh
11-200 kWh
201-300 kWh
>300 kWh
EV Battery, Battery Form Outlook (Revenue - USD Billion, 2018 - 2030)
Prismatic
Cylindrical
Pouch
EV Battery, Material Outlook (Revenue - USD Billion, 2018 - 2030)
Lithium
Cobalt
Manganese
Natural Graphite
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/electric-vehicle-battery-market/inquire-before-buying
๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
Growing demand for lithium-ion batteries is increasing owing to better performance, high energy efficiency, and ability to operate under high-temperature that is expected to drive product demand
The passenger car accounted for the highest revenue share and is expected to continue its dominance owing to growing awareness of zero-emission vehicles and the shifting lifestyles of consumers from conventional to sustainable energy sources
Pouch cell is expected to lead the market growth as it provides maximum packaging efficiency and is less expensive. In addition, a solid-state battery is only possible with pouch cells which drives the segment growth.
Asia Pacific is expected to grow over the forecast period on account of several government programs to encourage the adoption of electric vehicles and growing tax incentives for buying EVs across developing nations in the region, such as India, Japan, and China.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Ev Charging Cables Market
https://www.polarismarketresearch.com/industry-analysis/ev-charging-cables
In-Vehicle Payment Services Market
https://www.polarismarketresearch.com/industry-analysis/in-vehicle-payment-services-market
Automotive Lightweight Material Market
https://www.polarismarketresearch.com/industry-analysis/automotive-lightweight-material-market
Automotive Finance Market
https://www.polarismarketresearch.com/industry-analysis/automotive-finance-market
Electric Truck Market
https://www.polarismarketresearch.com/industry-analysis/electric-truck-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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