An electric vehicle battery, also known as a traction battery, is utilized to power electric vehicles for propulsion.
The global electric vehicle battery market has registered a significant growth corresponding to the increase in public charging infrastructure. The Electric Vehicle Charging Association reported more than 50,000 charge points (public and private) in operation in the U.S. in 2017, up from 45,000 the year before. The increasing growth rate of charging infrastructure across the globe offers growth opportunities for the EV battery market.
The Asia-Pacific region is expected to register substantial growth owing to government incentives encouraging usage of battery powered vehicles and an increase in concerns associated with energy security in the region. The high cost of electric vehicle batteries serves as the major restraint to the market growth. However, a surge in demand of these batteries in emerging economies, such as China and development of new enhanced battery recycling processes are factors expected to provide potential growth opportunities for market expansion.
The global electric vehicle battery market is segmented based on vehicle propulsion type, battery type, vehicle type, and region. On the basis of vehicle propulsion, the market is divided into battery electric vehicle (BEV) and plug-in hybrid vehicle (PHEV). The market is categorized based on battery type into Lead-acid, Nickel metal Hydride, or Lithium-ion. The vehicle type segments are passenger car and commercial vehicle. The various regions for the market are North America, Europe, Asia-Pacific, and Latin America Middle East and Africa (LAMEA).
The key global market players profiled in the report include Panasonic, AESC, BYD, Mitsubishi, LG Chem, Samsung, Wanxiang, Beijing Pride Power, Tianneng, and SB LiMotive.
These players focus on vital market strategies, such as mergers, acquisitions, collaborations, and partnerships, to strengthen their market reach; thereby, retaining their position in the competitive market.
KEY BENEFITS FOR STAKEHOLDERS
This study includes the analytical depiction of the global electric vehicle battery market along with current trends and future estimations to determine the imminent investment pockets.
The report presents information regarding key drivers, restraints, and opportunities.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the industry.
Porters Five Forces analysis illustrates the potency of the buyers and suppliers in the global industry.
KEY MARKET SEGMENTS
BY PROPULSION TYPE
Battery Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle
BY BATTERY TYPE
Lead Acid Battery
Nickel Metal Hydride Battery
Lithium ion Battery
BY VEHICLE TYPE
Passenger Car
Commercial Vehicle
Two Wheeler
BY REGION
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Singapore
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. TOP WINNING STRATEGIES
3.3.1. Top Winning Strategies, By Year, 2017
3.3.2. Top Winning Strategies, By Development, 2017 (%)
3.3.3. Top Winning Strategies, By Company, 2017
3.4. PORTER'S FIVE FORCES ANALYSIS
3.5. MARKET SHARE ANALYSIS, 2017
3.6. MARKET DYNAMICS
3.6.1. Drivers
3.6.1.1. Growing demand for zero emission vehicles
3.6.1.2. Decreasing cost of EV battery system
3.6.2. Restraint
3.6.2.1. High import taxes
3.6.3. Opportunity
3.6.3.1. Growth in public charging infrastructure
3.6.3.2. Rise in government initiatives
CHAPTER 4: ELECTRIC VEHICLE BATTERY MARKET, BY PROPULSION TYPE
4.1. OVERVIEW
4.2. BATTERY ELECTRIC VEHICLE
4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. HYBRID ELECTRIC VEHICLE
4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. PLUG-IN HYBRID ELECTRIC VEHICLE
4.4.1. Key market trends and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
CHAPTER 5: ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY TYPE
5.1. OVERVIEW
5.2. LEAD ACID BATTERY
5.2.1. Key market trends
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. NICKEL METAL HYDRIDE BATTERY
5.3.1. Key market trends
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. LITHIUM ION BATTERY
5.4.1. Key market trends
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
CHAPTER 6: ELECTRIC VEHICLE BATTERY MARKET, BY VEHICLE TYPE
6.1. OVERVIEW
6.2. PASSENGER CAR
6.2.1. Key market trends
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country
6.3. COMMERCIAL VEHICLE
6.3.1. Key market trends
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country
6.4. TWO WHEELER
6.4.1. Key market trends
6.4.2. Market size and forecast, by region
6.4.3. Market analysis by country
CHAPTER 7: ELECTRIC VEHICLE BATTERY MARKET, BY REGION
7.1. OVERVIEW
7.2. NORTH AMERICA
7.2.1. Key market trends and opportunities
7.2.2. Market size and forecast, by propulsion type
7.2.3. Market size and forecast, by battery type
7.2.4. Market size and forecast, by vehicle type
7.2.5. Market analysis by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast
7.2.5.1.2. Market size and forecast, by propulsion type
7.2.5.1.3. Market size and forecast, by battery type
7.2.5.1.4. Market size and forecast, by vehicle type
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast
7.2.5.2.2. Market size and forecast, by propulsion type
7.2.5.2.3. Market size and forecast, by battery type
7.2.5.2.4. Market size and forecast, by vehicle type
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast
7.2.5.3.2. Market size and forecast, by propulsion type
7.2.5.3.3. Market size and forecast, by battery type
7.2.5.3.4. Market size and forecast, by vehicle type
7.3. EUROPE
7.3.1. Key market trends and opportunities
7.3.2. Market size and forecast, by propulsion type
7.3.3. Market size and forecast, by battery type
7.3.4. Market size and forecast, by vehicle type
7.3.5. Market analysis by country
7.3.5.1. UK
7.3.5.1.1. Market size and forecast
7.3.5.1.2. Market size and forecast, by propulsion type
7.3.5.1.3. Market size and forecast, by vehicle type
7.3.5.1.4. Market size and forecast, by battery type
7.3.5.2. France
7.3.5.2.1. Market size and forecast
7.3.5.2.2. Market size and forecast, by vehicle type
7.3.5.2.3. Market size and forecast, by battery type
7.3.5.2.4. Market size and forecast, by propulsion type
7.3.5.3. Germany
7.3.5.3.1. Market size and forecast
7.3.5.3.2. Market size and forecast, by vehicle type
7.3.5.3.3. Market size and forecast, by battery type
7.3.5.3.4. Market size and forecast, by propulsion type
7.3.5.4. Russia
7.3.5.4.1. Market size and forecast
7.3.5.4.2. Market size and forecast, by vehicle type
7.3.5.4.3. Market size and forecast, by battery type
7.3.5.4.4. Market size and forecast, by propulsion type
7.3.5.5. Rest of Europe
7.3.5.5.1. Market size and forecast
7.3.5.5.2. Market size and forecast, by vehicle type
7.3.5.5.3. Market size and forecast, by battery type
7.3.5.5.4. Market size and forecast, by propulsion type
7.4. ASIA-PACIFIC
7.4.1. Key market trends and opportunities
7.4.2. Market size and forecast, by vehicle type
7.4.3. Market size and forecast, by battery type
7.4.4. Market size and forecast, by propulsion type
7.4.5. Market analysis by country
7.4.5.1. Japan
7.4.5.1.1. Market size and forecast
7.4.5.1.2. Market size and forecast, by vehicle type
7.4.5.1.3. Market size and forecast, by battery type
7.4.5.1.4. Market size and forecast, by propulsion type
7.4.5.2. South Korea
7.4.5.2.1. Market size and forecast
7.4.5.2.2. Market size and forecast, by vehicle type
7.4.5.2.3. Market size and forecast, by battery type
7.4.5.2.4. Market size and forecast, by propulsion type
7.4.5.3. India
7.4.5.3.1. Market size and forecast
7.4.5.3.2. Market size and forecast, by vehicle type
7.4.5.3.3. Market size and forecast, by battery type
7.4.5.3.4. Market size and forecast, by propulsion type
7.4.5.4. China
7.4.5.4.1. Market size and forecast
7.4.5.4.2. Market size and forecast, by vehicle type
7.4.5.4.3. Market size and forecast, by battery type
7.4.5.4.4. Market size and forecast, by propulsion type
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Market size and forecast
7.4.5.5.2. Market size and forecast, by vehicle type
7.4.5.5.3. Market size and forecast, by battery type
7.4.5.5.4. Market size and forecast, by propulsion type
7.5. LAMEA
7.5.1. Key market trends and opportunities
7.5.2. Market size and forecast, by vehicle type
7.5.3. Market size and forecast, by battery type
7.5.4. Market size and forecast, by propulsion type
7.5.5. Market analysis by sub-region
7.5.5.1. Latin America
7.5.5.1.1. Market size and forecast
7.5.5.1.2. Market size and forecast, by vehicle type
7.5.5.1.3. Market size and forecast, by battery type
7.5.5.1.4. Market size and forecast, by propulsion type
7.5.5.2. Middle East
7.5.5.2.1. Market size and forecast
7.5.5.2.2. Market size and forecast, by vehicle type
7.5.5.2.3. Market size and forecast, by battery type
7.5.5.2.4. Market size and forecast, by propulsion type
7.5.5.3. Africa
7.5.5.3.1. Market size and forecast
7.5.5.3.2. Market size and forecast, by vehicle type
7.5.5.3.3. Market size and forecast, by battery type
7.5.5.3.4. Market size and forecast, by propulsion type
CHAPTER 8: COMPANY PROFILES
8.1. PANASONIC CORPORATION
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.1.6. Key strategic moves and developments
8.2. MITSUBISHI ELECTRIC CORPORATION
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.3. LG CHEM LTD.
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. Key strategic moves and developments
8.4. SAMSUNG ELECTRONICS CO. LTD.
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves and developments
8.5. GSR CAPITAL (AUTOMOTIVE ENERGY SUPPLY CORPORATION)
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Product portfolio
8.6. BYD COMPANY LIMITED (BYD AUTO CO., LTD.)
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves and developments
8.7. WANXIANG GROUP CORPORATION
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio
8.8. BEIJING PRIDE POWER BATTERY TECHNOLOGY CO LTD
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio
8.9. TIANNENG POWER INTERNATIONAL LIMITED
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.10. ENERSYS (QUALLION LLC)
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves and developments