MarkNtel Advisors has just published a new research report titled “EV Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030“. This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.
What insights and analysis does the report provide on the EV Battery market from 2024 to 2030?
The Global EV Battery Market size was valued at USD 132.5 billion in 2023 & is projected to reach USD 495.6 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 14.4% during the forecast period, i.e., 2024-30.
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EV Battery Market by Segments
By Battery Type
- Lithium-Ion- Market Size & Forecast 2019-2030F, (Thousand Units)
- Lead-Acid- Market Size & Forecast 2019-2030F, (Thousand Units)
- Nickel-Metal Hydride- Market Size & Forecast 2019-2030F, (Thousand Units)
- Others (Sodium Ion, Solid-State)- Market Size & Forecast 2019-2030F, (Thousand Units)
By Battery Capacity
- <50 KWh- Market Size & Forecast 2019-2030F, (Thousand Units)
- 50-110 KWh- Market Size & Forecast 2019-2030F, (Thousand Units)
- 111-200 KWh- Market Size & Forecast 2019-2030F, (Thousand Units)
- 201-300 KWh- Market Size & Forecast 2019-2030F, (Thousand Units)
- >300 KWh- Market Size & Forecast 2019-2030F, (Thousand Units)
By Battery Form
- Prismatic- Market Size & Forecast 2019-2030F, (Thousand Units)
- Pouch- Market Size & Forecast 2019-2030F, (Thousand Units)
- Cylindrical – Market Size & Forecast 2019-2030F, (Thousand Units)
By Propulsion Type
- Battery Electric Vehicle (BEV)- Market Size & Forecast 2019-2030F, (Thousand Units)
- Plug-In Hybrid Electric Vehicle (PHEV)- Market Size & Forecast 2019-2030F, (Thousand Units)
- Fuel-Cell Electric Vehicle- Market Size & Forecast 2019-2030F, (Thousand Units)
- Hybrid Vehicle- Market Size & Forecast 2019-2030F, (Thousand Units)
By Vehicle Type
- Two-wheeler- Market Size & Forecast 2019-2030F, USD Million
- Passenger Cars- Market Size & Forecast 2019-2030F, USD Million
- Commercial Vehicles- Market Size & Forecast 2019-2030F, USD Million
- Vans/Light Trucks- Market Size & Forecast 2019-2030F, USD Million
- Medium & Heavy Trucks- Market Size & Forecast 2019-2030F, USD Million
- Buses- Market Size & Forecast 2019-2030F, USD Million
- Off-Highway Vehicles- Market Size & Forecast 2019-2030F, USD Million
By Method
- Wire Bonding- Market Size & Forecast 2019-2030F, (Thousand Units)
- Laser Bonding- Market Size & Forecast 2019-2030F, (Thousand Units)
- Ultrasonic Bonding – Market Size & Forecast 2019-2030F, (Thousand Units)
A comprehensive report on the EV Battery Market is available now- https://www.marknteladvisors.com/research-library/ev-battery-market.html
EV Battery Market Report Segment by Regions
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
What are the current trends in the global EV Battery Market?
Increasing Adoption of Solid-State Battery Technology – The solid-state batteries use solid electrolytes instead of liquid or gel which helps in preventing leakage issues & fire hazards and offers safety to the consumers. These batteries offer high energy density on a single charge, providing more dependability & greater vehicle range in electric vehicles. Moreover, the charging speed of solid-state batteries is half the time of other lithium-ion batteries, which results in less time consumption for charging, further gaining consumer interest. Additionally, these batteries have longer life spans and better stability than other electric vehicle batteries. As a result, the need for solid-state batteries in electric vehicles is increasing and major EV manufacturers are introducing vehicles integrated with solid-state batteries.
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Who are the key players in the EV Battery Market?
- Contemporary Amperex Technology Co., Limited (CATL)
- LG Energy Solutions
- BYD Company Limited
- Panasonic Corporation
- Toshiba Corporation
- Mitsubishi Corporation
- Enersys
- SK Inc.
- CALB
- Gotion Inc.
- Sunwoda Electronic Co. Ltd.
- Farasis Energy
- Vehicle Energy Japan, Inc.
- Exide Industries
- Primearth EV Energy Co., Ltd
Questions Addressed in this Study
- What factors are driving the EV Battery Market growth?
- How is the EV Battery Market expected to grow over the next five years?
- What are the key insights into the current trends in the EV Battery Market?
- What is the current size of the EV Battery Market, and how is it projected to change in the future?
- What is the future outlook for the EV Battery Market in terms of technological advancements and market expansion?
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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