Electric Vehicle Battery Market by Battery Type (Lead-Acid, Lithium-Ion, Nickel-Based), Propulsion Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle), Battery Bonding Type, Battery Shape, Battery Capacity, Vehicle Type -

Electric Vehicle Battery Market by Battery Type (Lead-Acid, Lithium-Ion, Nickel-Based), Propulsion Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle), Battery Bonding Type, Battery Shape, Battery Capacity, Vehicle Type - Global Forecast 2023-2030


The Electric Vehicle Battery Market size was estimated at USD 119.91 billion in 2022 and expected to reach USD 130.88 billion in 2023, at a CAGR 10.94% to reach USD 275.19 billion by 2030 .

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Electric Vehicle Battery Market.
  • Based on Battery Type, market is studied across Lead-Acid, Lithium-Ion, and Nickel-Based. The Lithium-Ion is projected to witness significant market share during forecast period.
  • Based on Propulsion Type, market is studied across Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicle. The Plug-in Hybrid Electric Vehicle is projected to witness significant market share during forecast period.
  • Based on Battery Bonding Type, market is studied across Laser Welding, Ultrasonic Welding, and Wire Bonding. The Laser Welding is projected to witness significant market share during forecast period.
  • Based on Battery Shape, market is studied across Cylindrical, Pouch, and Prismatic. The Prismatic is projected to witness significant market share during forecast period.
  • Based on Battery Capacity, market is studied across 111 - 200 kWh, 201- 300 kWh, 50 - 110 kWh,< 50 kWh, and > 300 kWh. The > 300 kWh is projected to witness significant market share during forecast period.
  • Based on Vehicle Type, market is studied across Commercial Vehicles and Passenger Cars. The Commercial Vehicles is further studied across Heavy Commercial Vehicles and Light Commercial Vehicles. The Commercial Vehicles is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Electric Vehicle Battery Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Electric Vehicle Battery Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Electric Vehicle Battery Market, highlighting leading vendors and their innovative profiles. These include Bayerische Motoren Werke AG, BYD Motors, Inc., Contemporary Amperex Technology Co., Limited, East Penn Manufacturing Company, Electrovaya Inc., Exide Industries Limited, Farasis Energy Europe GmbH, General Motors Company, GS Yuasa Corporation, Hitachi High-Tech Corporation, Honda Motor Co., Ltd., Johnson Controls International PLC, LG Energy Solution Ltd, NEC Corporation, Northvolt AB, Panasonic Corporation, Renault Group, Saft Groupe SAS, Samsung SDI Co.Ltd, SK innovation Co., Ltd., SVOLT Energy Technology (Europe) GmbH, Tata Motors Limited, Tesla, Inc., Tianneng Power International Co., Ltd., Toyota Motor Corporation, Volkswagen AG, and Wanxiang America Corporation.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Electric Vehicle Battery Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Electric Vehicle Battery Market?
  3. What is the competitive strategic window for identifying opportunities in the Electric Vehicle Battery Market?
  4. What are the latest technology trends and regulatory frameworks in the Electric Vehicle Battery Market?
  5. What is the market share of the leading vendors in the Electric Vehicle Battery Market?
  6. Which modes and strategic moves are suitable for entering the Electric Vehicle Battery Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Electric Vehicle Battery Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for electric vehicles globally
5.1.1.2. Availability of government support for manufacturing electric vehicle batteries
5.1.1.3. Rising awareness to adopt zero-emission vehicles due to environmental concerns
5.1.2. Restraints
5.1.2.1. High cost and battery degradation issues associated with EV batteries
5.1.3. Opportunities
5.1.3.1. Ongoing advancements in the development of advanced EV batteries
5.1.3.2. Continous investments for the deployment of the public charging infrastructure
5.1.4. Challenges
5.1.4.1. Concerns with disposing electric vehicle batteries
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Electric Vehicle Battery Market, by Battery Type
6.1. Introduction
6.2. Lead-Acid
6.3. Lithium-Ion
6.4. Nickel-Based
7. Electric Vehicle Battery Market, by Propulsion Type
7.1. Introduction
7.2. Battery Electric Vehicle
7.3. Fuel Cell Electric Vehicle
7.4. Hybrid Electric Vehicle
7.5. Plug-in Hybrid Electric Vehicle
8. Electric Vehicle Battery Market, by Battery Bonding Type
8.1. Introduction
8.2. Laser Welding
8.3. Ultrasonic Welding
8.4. Wire Bonding
9. Electric Vehicle Battery Market, by Battery Shape
9.1. Introduction
9.2. Cylindrical
9.3. Pouch
9.4. Prismatic
10. Electric Vehicle Battery Market, by Battery Capacity
10.1. Introduction
10.2. 111 - 200 kWh
10.3. 201- 300 kWh
10.4. 50 - 110 kWh
10.5.< 50 kWh
10.6. > 300 kWh
11. Electric Vehicle Battery Market, by Vehicle Type
11.1. Introduction
11.2. Commercial Vehicles
11.3.1. Heavy Commercial Vehicles
11.3.2. Light Commercial Vehicles
11.3. Passenger Cars
12. Americas Electric Vehicle Battery Market
12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States
13. Asia-Pacific Electric Vehicle Battery Market
13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam
14. Europe, Middle East & Africa Electric Vehicle Battery Market
14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
15.3.1. New Product Launch & Enhancement
15.3.1.1. Toyota Announces New Electric Car Battery Which Could Cut Charging Time to Under 10 Minutes
15.3.2. Investment & Funding
15.3.2.1. Stellantis Invests in Lyten’s Breakthrough Lithium-Sulfur EV Battery Technology
15.3.3. Award, Recognition, & Expansion
15.3.3.1. Tata Group Picks UK for new EV Battery Plant
16. Competitive Portfolio
16.1. Key Company Profiles
16.1.1. Bayerische Motoren Werke AG
16.1.2. BYD Motors, Inc.
16.1.3. Contemporary Amperex Technology Co., Limited
16.1.4. East Penn Manufacturing Company
16.1.5. Electrovaya Inc.
16.1.6. Exide Industries Limited
16.1.7. Farasis Energy Europe GmbH
16.1.8. General Motors Company
16.1.9. GS Yuasa Corporation
16.1.10. Hitachi High-Tech Corporation
16.1.11. Honda Motor Co., Ltd.
16.1.12. Johnson Controls International PLC
16.1.13. LG Energy Solution Ltd
16.1.14. NEC Corporation
16.1.15. Northvolt AB
16.1.16. Panasonic Corporation
16.1.17. Renault Group
16.1.18. Saft Groupe SAS
16.1.19. Samsung SDI Co.Ltd
16.1.20. SK innovation Co., Ltd.
16.1.21. SVOLT Energy Technology (Europe) GmbH
16.1.22. Tata Motors Limited
16.1.23. Tesla, Inc.
16.1.24. Tianneng Power International Co., Ltd.
16.1.25. Toyota Motor Corporation
16.1.26. Volkswagen AG
16.1.27. Wanxiang America Corporation
16.2. Key Product Portfolio
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing

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