Global Electric Vehicle Batteries Market Growth 2023-2029

Global Electric Vehicle Batteries Market Growth 2023-2029

Electric Vehicles Battery is providing driving force by consuming the power and it is installed in the electric vehicle.

LPI (LP Information)' newest research report, the “Electric Vehicle Batteries Industry Forecast” looks at past sales and reviews total world Electric Vehicle Batteries sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Batteries sales for 2023 through 2029. With Electric Vehicle Batteries sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Batteries industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicle Batteries landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vehicle Batteries portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Vehicle Batteries market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Batteries and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle Batteries.

The global Electric Vehicle Batteries market size is projected to grow from US$ 51860 million in 2022 to US$ 115330 million in 2029; it is expected to grow at a CAGR of 115330 from 2023 to 2029.

Global Electric Vehicles Battery key players include BYD, Panasonic, CATL, OptimumNano, LG Chem etc. Global top five manufacturers hold a share over 60%.

China is the largest market, with a share over 70%, followed by Europe & USA and Japan, both have a share over 20% percent.

In terms of product, Li ion Battery is the largest segment, with a share over 70%. And in terms of application, the largest application is BEVs followed by HEVs.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Batteries market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
NCM/NCA
LFP
LCO
LMO

Segmentation by application
HEV
BEV

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BYD
Panasonic
CATL
LG Chem
SK Innovation
GuoXuan
OptimumNano
AESC
Samsung SDI
Lishen
PEVE
Lithium Energy Japan
Beijing Pride Power
BAK Battery
WanXiang
Hitachi
ACCUmotive
Boston Power
Farasis

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Vehicle Batteries market?

What factors are driving Electric Vehicle Batteries market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Vehicle Batteries market opportunities vary by end market size?

How does Electric Vehicle Batteries break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.