Global Electric Vehicle Battery Pack Market Growth 2025-2031

The global Electric Vehicle Battery Pack market size is predicted to grow from US$ 79440 million in 2025 to US$ 397990 million in 2031; it is expected to grow at a CAGR of 30.8% from 2025 to 2031.

Electric vehicle battery pack is providing driving force by consuming the power and it is installed in the electric vehicle. Electric vehicle battery pack designed for Electric Vehicles (EVs) is complex and vary widely by manufacturers and specific application. However, they all incorporate a combination of several simple mechanical and electrical component systems which perform the basic required functions of the pack.

The major players in global Electric Vehicle Battery Pack market include BYD, Panasonic, CATL, etc. China is the main market, and occupies over 60% of the global market. Lithium Ion Battery is the main type, with a share about 80%. BEVs is the key application, which holds a share over 90%.

LP Information, Inc. (LPI) ' newest research report, the “Electric Vehicle Battery Pack Industry Forecast” looks at past sales and reviews total world Electric Vehicle Battery Pack sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Battery Pack sales for 2025 through 2031. With Electric Vehicle Battery Pack sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Battery Pack industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicle Battery Pack 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 Battery Pack portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Vehicle Battery Pack market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Battery Pack 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 Battery Pack.

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

Segmentation by Type:
Lithium Ion Battery
NI-MH Battery
Other Battery

Segmentation by Application:
PHEVs
BEVs

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 analysing the company's coverage, product portfolio, its market penetration.
BYD
Panasonic
CATL
OptimumNano
LG Chem
GuoXuan
Lishen
PEVE
AESC
Samsung
Lithium Energy Japan
Beijing Pride Power
BAK Battery
WanXiang
Hitachi
ACCUmotive
Boston Power

Key Questions Addressed in this Report

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

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

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

How do Electric Vehicle Battery Pack market opportunities vary by end market size?

How does Electric Vehicle Battery Pack break out by Type, by Application?

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