590 Battery Module Market: Manufacturer Capacity, Output, Sales, Competition Analysis Report 2026

Global Info Research's report is a detailed and comprehensive analysis for global 590 Battery Module market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the 590 Battery Module market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

According to our (Global Info Research) latest study, the global 590 Battery Module market size was valued at US$ 24260 million in 2025 and is forecast to a readjusted size of USD million by 2032 with a CAGR of % during review period.
The 590 battery module is an important module in battery technology and is widely used in the field of new energy vehicles. 590 refers to a battery module (Module) with a length of 590mm. It is an important component of the battery pack (PACK) and is assembled from multiple single cells through a specific connection method. Compared with modules of other sizes (VDA355, VDA390), the 590 module can accommodate more cells, thereby increasing the energy density of the battery pack.
The rapid growth of the electric vehicle market will continue to drive the demand for battery modules. Global support policies for new energy vehicles and consumers' preference for green travel will further promote market expansion.
With the popularization of renewable energy, the demand for home and commercial energy storage systems is also increasing. Battery modules will be widely used in residential, commercial buildings and grid energy storage systems.
Battery modules also have potential growth opportunities in other fields such as aerospace, power tools, medical equipment, etc. The demand for high-performance batteries in these fields is also rising.
According to our survey, the global sales volume of 590 battery modules will be 163,989.91 MWh in 2023, and it is expected to reach 157,828.72 MWh in 2030, with a CAGR of -3.7% in the next six years (2024-2030).
Note: The global 590 battery module revenue is based on the sum of the 590 battery module revenues of all manufacturers in the industry.
China's 590 battery module market accounts for about 64.57% of the global market share, making it one of the world's most important consumer markets, and its growth rate is higher than the world. The market size in 2023 is about 11,539.82 million US dollars, and the compound annual growth rate from 2019 to 2023 is about 289.4%. With the acceleration of the development of new technologies such as CTP by domestic enterprises, and the dual drive of new technologies and industrial policies, the Chinese 590 battery module market will gradually decline in the future. It is expected that by 2030, the Chinese 590 battery module market will drop to 6,094.38 million US dollars, with a compound annual growth rate of about -8.7% from 2024 to 2030.
This report is a detailed and comprehensive analysis for global 590 Battery Module market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Market segment by Type: NCx、 LFP、 Others
Market segment by Application:Passenger Vehicles、 Commercial Vehicles
Major players covered: CATL、 LGES、 SK On、 CALB、 Gotion、 Farasis Energy、 Lishen、 JEVE、 SVOLT、 Wanxiang A123、 Battero Tech、 CORNEX、 ProLogium Technology

To Get More Details About This Study, Please Click Here: https://www.globalinforesearch.com/reports/3391166/590-battery-module

The overall report focuses on primary sections such as - market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market's current scenario which includes various aspects to perform further marketing activity. The market outlook section gives a detailed analysis of market evolution, growth drivers, restraints, opportunities, and challenges, Porter's 5 Force's Framework, macroeconomic analysis, value chain analysis and pricing analysis that directly shape the market at present and over the forecasted period. The drivers and restraints cover the internal factors of the market whereas opportunities and challenges are the external factors that are affecting the market. The market outlook section also gives an indication of the trends influencing new business development and investment opportunities.

The Primary Objectives in This Report determine the size of the total market opportunity of global and key countries,assess the growth potential for 590 Battery Module and competitive factors affecting the marketplace,forecast future growth in each product and end-use market. Also,this report profiles key players in the global 590 Battery Module market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments.

590 Battery Module market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by region, regional analysis covers North America (United States, Canada, and Mexico),Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

The report provides insights regarding the lucrative opportunities in the 590 Battery Module Market at the country level. The report also includes a precise cost, segments, trends, region, and commercial development of the major key players globally for the projected period.

The 590 Battery Module Market report comprehensively examines market structure and competitive dynamics. Researching the 590 Battery Module market entails a structured approach beginning with clearly defined objectives and a comprehensive literature review to understand the current landscape. Methodologies involve a mix of primary research through interviews, surveys, and secondary research from industry reports and databases. Sampling strategies ensure representation, while data analysis utilizes statistical and analytical techniques to identify trends, market sizing, and competitive landscapes. Key areas of focus include trend analysis, risk assessment, and forecasting. Findings are synthesized into a detailed report, validated through peer review or expert consultation, and disseminated to stakeholders, with ongoing monitoring to stay abreast of developments.

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