Global EV Battery Market Research Report 2023

Global EV Battery Market Research Report 2023

The global EV Battery market was valued at USD 104,495.8 million in 2022 and is expected to reach USD 533,343.1 million by the end of 2029, growing at a CAGR of 24.70% between 2023 and 2029. Concerns about climate change and air pollution have driven a global shift toward cleaner and more sustainable transportation solutions. Many governments are implementing stricter emission standards and offering incentives to promote the adoption of electric vehicles. These incentives include tax credits, rebates, subsidies, and exemptions from certain taxes and restrictions. These policies help reduce the upfront cost of electric vehicles, making them more attractive to consumers.

The China EV Battery production value was US$ 73,264.5 million in 2022 and it will be US$ 300,257 million in 2029, with a growth rate20.63% from 2023 to 2029.

The major global manufacturers of EV Battery include CATL, LG Energy Solution, BYD, Panasonic, Samsung SDI, SK On, Guoxuan High-tech, CALB Group, EVE Energy, Sunwoda etc. In 2022, the world's top three vendors accounted for approximately 60.72% of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for EV Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EV Battery.

The EV Battery market size, estimations, and forecasts are provided in terms of output/shipments (GWh) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global EV Battery market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the EV Battery manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Company

CATL

LG Energy Solution

BYD

Panasonic

Samsung SDI

SK On

Guoxuan High-tech

CALB Group

EVE Energy

Sunwoda

Farasis Energy

SVOLT Energy Technology

REPT BATTERO Energy

Tianjin EV Energies

Do-Fluoride New Materials

by Type

LFP Battery

NCx Battery

Others

by Application

BEV

PHEV

Production by Region

North America

Europe

China

Japan

South Korea

Consumption by Region

North America

U.S.

Canada

Mexico

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Europe

Germany

France

U.K.

Norway

Sweden

Rest of Europe

South America

Brazil

Rest of South America

Core Chapters

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of EV Battery manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of EV Battery by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of EV Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.