Europe Electric Vehicle (EV) Battery Housing Market Size, Share & Trends Analysis Report By Vehicle Type (Passenger Car and Commercial Car), By Material (Aluminium, Steel and Others (Carbon Fibre & Carbon Glass)), By Country and Growth Forecast, 2023 - 20
Europe Electric Vehicle (EV) Battery Housing Market Size, Share & Trends Analysis Report By Vehicle Type (Passenger Car and Commercial Car), By Material (Aluminium, Steel and Others (Carbon Fibre & Carbon Glass)), By Country and Growth Forecast, 2023 - 2030
The Europe Electric Vehicle (EV) Battery Housing Market would witness market growth of 12.5% CAGR during the forecast period (2023-2030).
Adopting cutting-edge battery housing solutions is driven by increased demand for electric vehicles. Consumers are increasingly pursuing cleaner alternatives to traditional internal combustion engine vehicles due to a heightened consciousness of environmental concerns and an increased focus on mitigating carbon emissions. As lithium-ion batteries evolve to offer higher energy density, faster charging times, and improved overall performance, the design and construction of battery housing must keep pace. Adopting innovative materials and thermal management systems within the housing contributes to the efficiency and longevity of the batteries, aligning with consumer expectations for enhanced driving range and reliability.
Consumer preferences for electric vehicles are shifting as consumer awareness of the environmental impact of regular vehicles develops. The success of EVs is closely tied to the perception of these vehicles as not only environmentally friendly but also technologically advanced and reliable. The safety and efficiency of the battery housing are key considerations for potential buyers, influencing the adoption of electric vehicles. The complex nature of electric vehicle technology has led to increased collaborations and partnerships among automotive manufacturers, battery suppliers, and technology companies.
The expansion of charging networks, including fast-charging stations, promotes the adoption of electric vehicles and, consequently, increases the demand for EV battery housing solutions that align with the evolving charging ecosystem in Germany. The growth of the charging infrastructure supports the adoption of EVs and drives the demand for compatible EV battery housing in France. French automakers, including Renault and Peugeot, have shown a strong commitment to electric vehicle development. The production and promotion of electric vehicle models contribute to the mainstream acceptance of EVs in France, leading to increased demand for EV battery housing components. France has several research and development centers focusing on electric vehicle technologies. Hence, all these factors will uplift the regional market’s expansion in the coming years.
The Germany market dominated the Europe Electric Vehicle (EV) Battery Housing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,233.6 Million by 2030. The UK market is exhibiting a CAGR of 11.5% during (2023 - 2030). Additionally, The France market would experience a CAGR of 13.5% during (2023 - 2030).
Based on Vehicle Type, the market is segmented into Passenger Car and Commercial Car. Based on Material, the market is segmented into Aluminium, Steel and Others (Carbon Fibre & Carbon Glass). Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Magna International, Inc.
Proterial, Ltd.
Saudi Basic Industries Corporation (SABIC)
Lanxess AG
Evonik Industries AG
Covestro AG
Teijin Limited
thyssenkrupp AG
SGL Carbon SE
Constellium SE
Europe Electric Vehicle (EV) Battery Housing Market Report Segmentation
By Vehicle Type
Passenger Car
Commercial Car
By Material
Aluminium
Steel
Others (Carbon Fibre & Carbon Glass)
By Country
Germany
UK
France
Russia
Netherlands
Norway
Rest of Europe
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Electric Vehicle (EV) Battery Housing Market, by Vehicle Type
1.4.2 Europe Electric Vehicle (EV) Battery Housing Market, by Material
1.4.3 Europe Electric Vehicle (EV) Battery Housing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Europe Electric Vehicle (EV) Battery Housing Market by Vehicle Type
4.1 Europe Passenger Car Market by Country
4.2 Europe Commercial Car Market by Country
Chapter 5. Europe Electric Vehicle (EV) Battery Housing Market by Material
5.1 Europe Aluminium Market by Country
5.2 Europe Steel Market by Country
5.3 Europe Others (Carbon Fibre & Carbon Glass) Market by Country
Chapter 6. Europe Electric Vehicle (EV) Battery Housing Market by Country
6.1 Germany Electric Vehicle (EV) Battery Housing Market
6.1.1 Germany Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.1.2 Germany Electric Vehicle (EV) Battery Housing Market by Material
6.2 UK Electric Vehicle (EV) Battery Housing Market
6.2.1 UK Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.2.2 UK Electric Vehicle (EV) Battery Housing Market by Material
6.3 France Electric Vehicle (EV) Battery Housing Market
6.3.1 France Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.3.2 France Electric Vehicle (EV) Battery Housing Market by Material
6.4 Russia Electric Vehicle (EV) Battery Housing Market
6.4.1 Russia Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.4.2 Russia Electric Vehicle (EV) Battery Housing Market by Material
6.5 Netherlands Electric Vehicle (EV) Battery Housing Market
6.5.1 Netherlands Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.5.2 Netherlands Electric Vehicle (EV) Battery Housing Market by Material
6.6 Norway Electric Vehicle (EV) Battery Housing Market
6.6.1 Norway Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.6.2 Norway Electric Vehicle (EV) Battery Housing Market by Material
6.7 Rest of Europe Electric Vehicle (EV) Battery Housing Market
6.7.1 Rest of Europe Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.7.2 Rest of Europe Electric Vehicle (EV) Battery Housing Market by Material