The EV Battery Pack Market size is estimated at 165.1 billion USD in 2024, and is expected to reach 265.1 billion USD by 2029, growing at a CAGR of 9.93% during the forecast period (2024-2029).
The EV Battery Pack Market is fairly consolidated, with the top five companies occupying 65.47%. The major players in this market are BYD Company Ltd., Contemporary Amperex Technology Co. Ltd. (CATL), LG Energy Solution Ltd., Samsung SDI Co. Ltd. and SK Innovation Co. Ltd. (sorted alphabetically).
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