Global Battery Structural Parts Market Size Study & Forecast, By Type (Battery Housing, Cover Plates, Connecting Parts, Others) By Application (Electric Vehicles, Energy Storage Systems, Consumer Electronics) and Regional Analysis, 2023-2030

Global Battery Structural Parts Market Size Study & Forecast, By Type (Battery Housing, Cover Plates, Connecting Parts, Others) By Application (Electric Vehicles, Energy Storage Systems, Consumer Electronics) and Regional Analysis, 2023-2030

Global Battery Structural Parts Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Battery structural parts are the components within a battery system that provide support, housing, and structural integrity to the battery cells and other internal components. These parts are essential for maintaining the overall shape and stability of the battery, as well as for protecting the sensitive internal components from damage due to external forces or environmental conditions. The Battery Structural Parts market is expanding because of factors such as rising demand for electric vehicles, growth in renewable energy storage, and increasing demand for consumer electronics.

The increasing adoption of electric vehicles worldwide is one of the primary drivers of the Battery Structural Parts market. As demand for EVs rises, there is a corresponding need for battery packs and structural components to support and protect the battery cells. According to the International Energy Agency, electric vehicle (EV) sales are expected to increase by 25% annually from 2023 to 2030, reaching 65% of total car sales by 2030. Moreover, in 2022, EV adoption rose considerably. The International Energy Agency estimates that there will be more than 16.5 million electric vehicles in use worldwide in 2021, an increase of 61% from 2020. (10.2 million units). Thus, rising adoption of electric vehicles across the world is driving the market growth. In addition, increased demand for energy-efficient solutions and rising technological advancement are creating new opportunities for market growth. However, the integration challenges stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Battery Structural Parts Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to increasing demand for electric vehicles, supportive government policies, investment in battery manufacturing strategic partnerships, and collaborations in the region. Europe is expected to grow at the fastest rate during the forecast period, owing to factors such as rising automotive and consumer electronics, rising government initiatives for the adoption of renewable energy, and rising research and development of new battery technologies in the region.

Major market players included in this report are:
Shenzhen Kedali Industry
Sangsin Energy Display Precision Co Ltd
Ningbo Zhenyu Technology
Shenzhen Everwin Precision Technology Co., Ltd
Wuxi Jinyang New Material Co., Ltd
EnerSys
LG Chem Ltd
Wuxi Lead Intelligent Equipment Co., Ltd.
Contemporary Amperex Technology Co., Limited
Fuji Springs Co. Inc

Recent Developments in the Market:
 In January 2023, BMW Group revealed its plans to integrate Solid Power's cell pilot production lines. This move underscores BMW's ongoing dedication to the advancement of all-solid-state batteries, which hold substantial promise for future applications.
 In August 2021, Wuxi Lead Intelligent Equipment announced its strategic initiative to enhance the supply chains for lithium battery equipment. This effort is geared towards bolstering the support provided to CATL equipment for the assembly of cells used in electric vehicles.

Global Battery Structural Parts Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Type, Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Battery Housing
Cover Plates
Connecting Parts
Others

By Application:
Electric Vehicles
Energy Storage Systems
Consumer Electronics

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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