Global Light Vehicle Batteries Market 2022-2026

Global Light Vehicle Batteries Market 2022-2026

Technavio has been monitoring the light vehicle batteries market and it is poised to grow by $ 34.06 bn during 2022-2026, progressing at a CAGR of 12.72% during the forecast period. Our report on the light vehicle batteries market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by stringent regulations on GHG emissions from automobiles, rising urbanization, and declining Li-ion battery prices. In addition, stringent regulations on GHG emissions from automobiles is anticipated to boost the growth of the market as well.

The light vehicle batteries market analysis includes the application segment and geographic landscape.

Technavio's light vehicle batteries market is segmented as below:

By Application

  • ICEV
  • EV
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the rising number of collaborations between market vendors as one of the prime reasons driving the light vehicle batteries market growth during the next few years. Also, advances in battery technologies and technological advances in automotive industry will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on light vehicle batteries market covers the following areas:
  • Light vehicle batteries market sizing
  • Light vehicle batteries market forecast
  • Light vehicle batteries market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading light vehicle batteries market vendors that include 3M Co., A123 Systems LLC, Altairnano, Banner GmbH, Clarios, EcoBat Battery Technologies, Exide Industries Ltd., FIAMM Energy Technology Spa, Furukawa Electric Co. Ltd., General Motors Co., GS Yuasa Corp., Johnson Matthey Plc, LG Chem Ltd., Nissan Motor Co. Ltd., Panasonic Corp., Primearth EV Energy Co. Ltd., Robert Bosch Stiftung GmbH, Samsung SDI Co. Ltd., Suzuki Motor Corp., The BYD Motors Inc., and Toshiba Corp. Also, the light vehicle batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

3M Co., A123 Systems LLC, Altairnano, Banner GmbH, Clarios, EcoBat Battery Technologies, Exide Industries Ltd., FIAMM Energy Technology Spa, Furukawa Electric Co. Ltd., General Motors Co., GS Yuasa Corp., Johnson Matthey Plc, LG Chem Ltd., Nissan Motor Co. Ltd., Panasonic Corp., Primearth EV Energy Co. Ltd., Robert Bosch Stiftung GmbH, Samsung SDI Co. Ltd., Suzuki Motor Corp., The BYD Motors Inc., Toshiba Corp.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
      • Table Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Table Data Table on Global Market: Year-over-year growth 2021-2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2021 and 2026
    • Bargaining power of buyers
      • Table Bargaining power of buyers – Impact of key factors in 2021 and 2026
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2021 and 2026
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2021 and 2026
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2021 and 2026
    • Market condition
      • Table Chart on Market condition - Five forces 2021 and 2026
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2021-2026 (%)
      • Table Data Table on Application - Market share 2021-2026 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • ICEV - Market size and forecast 2021-2026
      • Table Chart on ICEV - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on ICEV - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on ICEV - Year-over-year growth 2021-2026 (%)
      • Table Data Table on ICEV - Year-over-year growth 2021-2026 (%)
    • EV - Market size and forecast 2021-2026
      • Table Chart on EV - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on EV - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on EV - Year-over-year growth 2021-2026 (%)
      • Table Data Table on EV - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2021-2026 (%)
      • Table Data Table on Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2021-2026
      • Table Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Table Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • Europe - Market size and forecast 2021-2026
      • Table Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • North America - Market size and forecast 2021-2026
      • Table Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on North America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on North America - Year-over-year growth 2021-2026 (%)
    • South America - Market size and forecast 2021-2026
      • Table Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on South America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on South America - Year-over-year growth 2021-2026 (%)
    • Middle East and Africa - Market size and forecast 2021- 2026
      • Table Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • China - Market size and forecast 2021-2026
      • Table Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on China - Year-over-year growth 2021-2026 (%)
      • Table Data Table on China - Year-over-year growth 2021-2026 (%)
    • US - Market size and forecast 2021-2026
      • Table Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on US - Year-over-year growth 2021-2026 (%)
      • Table Data Table on US - Year-over-year growth 2021-2026 (%)
    • Japan - Market size and forecast 2021-2026
      • Table Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • Germany - Market size and forecast 2021-2026
      • Table Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • India - Market size and forecast 2021-2026
      • Table Chart on India - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on India - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on India - Year-over-year growth 2021-2026 (%)
      • Table Data Table on India - Year-over-year growth 2021-2026 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Stringent regulations on GHG emissions from automobiles
      • Rising urbanization
      • Declining Li-ion battery prices
    • Market challenges
      • Widening disparity between lithium demand and supply
      • Stringent laws against lead pollution
      • Lack of EV charging infrastructure
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2021 and 2026
    • Market trends
      • Rising number of collaborations between market vendors
      • Advances in battery technologies
      • Technological advances in automotive industry
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • 3M Co.
      • Table 3M Co. –Overview
      • Table 3M Co. - Business segments
      • Table 3M Co. - Key news
      • Table 3M Co. - Key offerings
      • Table 3M Co. - Segment focus
    • A123 Systems LLC
      • Table A123 Systems LLC – Overview
      • Table A123 Systems LLC - Product / Service
      • Table A123 Systems LLC - Key offerings
    • Altairnano
      • Table Altairnano – Overview
      • Table Altairnano - Product / Service
      • Table Altairnano - Key offerings
    • Banner GmbH
      • Table Banner GmbH – Overview
      • Table Banner GmbH - Product / Service
      • Table Banner GmbH - Key offerings
    • Clarios
      • Table Clarios – Overview
      • Table Clarios - Product / Service
      • Table Clarios - Key offerings
    • Exide Industries Ltd.
      • Table Exide Industries Ltd. –Overview
      • Table Exide Industries Ltd. - Business segments
      • Table Exide Industries Ltd. - Key offerings
      • Table Exide Industries Ltd. - Segment focus
    • GS Yuasa Corp.
      • Table GS Yuasa Corp. –Overview
      • Table GS Yuasa Corp. - Business segments
      • Table GS Yuasa Corp. - Key news
      • Table GS Yuasa Corp. - Key offerings
      • Table GS Yuasa Corp. - Segment focus
    • LG Chem Ltd.
      • Table LG Chem Ltd. –Overview
      • Table LG Chem Ltd. - Business segments
      • Table LG Chem Ltd. - Key news
      • Table LG Chem Ltd. - Key offerings
      • Table LG Chem Ltd. - Segment focus
    • Samsung SDI Co. Ltd.
      • Table Samsung SDI Co. Ltd. –Overview
      • Table Samsung SDI Co. Ltd. - Business segments
      • Table Samsung SDI Co. Ltd. - Key offerings
      • Table Samsung SDI Co. Ltd. - Segment focus
    • The BYD Motors Inc.
      • Table The BYD Motors Inc. –Overview
      • Table The BYD Motors Inc. - Product / Service
      • Table The BYD Motors Inc. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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