The Electric Commercial Vehicle Battery Pack Market size is estimated at 16.5 billion USD in 2024, and is expected to reach 31.72 billion USD by 2029, growing at a CAGR of 13.97% during the forecast period (2024-2029).
The Electric Commercial Vehicle Battery Pack Market is moderately consolidated, with the top five companies occupying 52.25%. The major players in this market are BYD Company Ltd., Contemporary Amperex Technology Co. Ltd. (CATL), LG Energy Solution Ltd., Panasonic Holdings Corporation and Samsung SDI Co. Ltd. (sorted alphabetically).
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