Electric Vehicle Battery Housing Market Forecasts to 2030 – Global Analysis By Vehicle Type (Electric Vehicle, Hybrid & Plug-In Hybrid EV, Passenger Cars and Other Vehicle Types), Battery Type, Material Type, Cell Format Type, Technology, End User and By

Electric Vehicle Battery Housing Market Forecasts to 2030 – Global Analysis By Vehicle Type (Electric Vehicle, Hybrid & Plug-In Hybrid EV, Passenger Cars and Other Vehicle Types), Battery Type, Material Type, Cell Format Type, Technology, End User and By Geography


According to Stratistics MRC, the Global Electric Vehicle Battery Housing Market is accounted for $13.0 billion in 2024 and is expected to reach $25.7 billion by 2030 growing at a CAGR of 11.9% during the forecast period. Electric vehicle (EV) battery housing is the structure or enclosure that houses the battery pack in an electric vehicle. This housing is designed to protect the battery cells from external elements, provide structural support, and ensure safety in case of accidents or impacts. The battery housing is typically made of lightweight yet durable materials such as aluminum, steel, or composite materials. It must also incorporate features for thermal management, such as cooling systems or insulation, to maintain the optimal temperature for the battery cells and prevent overheating.

According to the International Energy Agency, China is leading with the highest battery electric vehicles (BEVs) stock followed by Europe and the United States. In 2020, it was estimated that nearly 3.5 million Battery Electric Vehicles (BEVs) were stocked in China, which reached 6.2 million in 2021.

Market Dynamics:

Driver:

Increasing demand for electric vehicles (EVs)

The market is witnessing a significant surge in demand, driven primarily by the increasing adoption of electric vehicles (EVs) globally. As the automotive industry shifts towards sustainable solutions, the need for efficient and durable battery housings for EVs has escalated. This trend is fueled by environmental concerns, government incentives, and technological advancements in battery technology, indicating a promising growth trajectory for the market during the forecast period.

Restraint:

Limited availability of raw materials


The market faces a significant challenge due to the limited availability of raw materials. As demand for EVs rises, the pressure on resources like lithium, cobalt, and nickel intensifies. This scarcity not only impacts production volumes but also drives up costs, potentially hindering the widespread adoption of EVs. Manufacturers are exploring alternative materials and recycling methods to mitigate this challenge and ensure sustainable growth in the EV industry.

Opportunity:

Need for improved safety features

The growing market necessitates enhanced safety features in battery housing to mitigate potential risks. Innovations such as advanced thermal management systems, robust structural designs, and intelligent monitoring technologies are crucial. These enhancements not only safeguard against thermal runaway and fire hazards but also ensure structural integrity during accidents. Moreover, integrating fail-safe mechanisms and rapid emergency response systems can further bolster safety standards, instilling confidence among consumers and regulators alike.

Threat:

High cost of battery housing

The market faces a significant challenge due to the high cost of battery housing. This cost factor impacts the overall affordability of electric vehicles, hindering their widespread adoption. Manufacturers are actively seeking innovative solutions such as lightweight materials, streamlined production processes, and sustainable practices to mitigate this challenge. Overcoming the high cost of battery housing is crucial for enhancing the competitiveness and sustainability of EVs in the automotive industry.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the Electric Vehicle (EV) Battery Housing market. Supply chain disruptions, reduced consumer demand, and production halts affected the market adversely. However, amidst challenges, there was a notable shift towards sustainable transportation, driving interest in EVs. Governments' stimulus packages and incentives further boosted the EV sector. Despite initial setbacks, the market witnessed resilience and adaptation, fostering innovations in battery technology and manufacturing processes to meet growing EV demands post-pandemic.

The passenger cars segment is expected to be the largest during the forecast period

The passenger cars segment is expected to be the largest during the forecast period. With growing environmental awareness and government initiatives promoting electric mobility, demand for electric passenger cars has surged. This has directly impacted the EV battery housing market, driving innovations in lightweight, durable, and cost-effective housing solutions to accommodate advanced battery technologies. Manufacturers are focusing on enhancing safety standards, optimizing energy efficiency, and integrating smart features to meet the evolving needs of electric passenger car owners.

The polymers segment is expected to have the highest CAGR during the forecast period

The polymers segment is expected to have the highest CAGR during the forecast period due to their lightweight, durable, and cost-effective properties. Polymers like polypropylene (PP), polyethylene (PE), and polycarbonate (PC) are commonly used for battery housings. These materials offer excellent thermal and chemical resistance, ensuring the safety and longevity of EV batteries. Moreover, advancements in polymer composites are enhancing structural integrity and reducing weight, further driving their adoption in the burgeoning EV industry.

Region with largest share:

North America is projected to hold the largest market share during the forecast period due to the increasing adoption of electric vehicles in the region. The market has been growing steadily, driven by government incentives, environmental concerns, and technological advancements in battery technologies. The market is witnessing continuous innovations in battery housing design and materials. Manufacturers are focusing on developing lightweight yet durable housings that can improve the overall performance and range of electric vehicles.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period. The market encompasses various materials such as aluminum, steel, and composite materials. Lightweight materials are preferred to enhance vehicle performance and range. Stringent regulations related to emissions and vehicle safety are also driving the demand for EVs and their components, including battery housings. Governments are promoting the adoption of electric mobility through policies and incentives.

Key players in the market

Some of the key players in Electric Vehicle Battery Housing market include Tesla, Inc., Panasonic Corporation, LG Chem, Samsung SDI, Hitachi Chemical Co., Ltd., Johnson Controls International plc, Toshiba Corporation, Envision AESC Group, Gestamp Automocion S.A. , Electrovaya Inc., EnerSys, C&D Technologies, Ecobat Technologies, Exide Technologies, TATA AutoComp Systems Limited, Magna , Northvolt AB and SGL Carbon.

Key Developments:

In January 2024, E-Works Mobility signed a technology partnership with SGL Carbon to supply battery cases made of glass fibre-reinforced plastic. The e-car manufacturer is replacing its currently used aluminum battery boxes with boxes made of glass fibre-reinforced plastic from SGL Carbon.

In July 2023, Magna announced that the company would invest USD 790 million to build the first two supplier facilities at Ford’s BlueOval City supplier park in Stanton, Tennessee, and a stamping and assembly facility in Lawrenceburg, Tennessee.

In January 2023 , Gestamp Automocion S.A. (Gestamp) announced its fourth hot stamping line in India and presented for the second time its range of products and innovations for new mobility at the Indian Auto Expo 2023.

Vehicle Types Covered:
• Electric Vehicle
• Hybrid & Plug-In Hybrid EV
• Passenger Cars
• Commercial Vehicles
• Other Vehicle Types

Battery Types Covered:
• Lithium-ion (Li-ion) Batteries
• Nickel-metal hydride (NiMH) Batteries
• Solid-State Batteries

Material Types Covered:
• Aluminum
• Steel
• Composite materials
• Polymers
• Glass Fiber-Reinforced Polymer
• Carbon Fiber Reinforced Polymer
• Other Material Types

Cell Format Types Covered:
• Cylindrical Cell
• Prismatic Cell
• Pouch Cell

Technologies Covered:
• Conventional Battery Housings
• Advanced Thermal Management Systems
• Modular Battery Housing Designs
• Other Technologies

End Users Covered:
• Aerospace and Defense
• Marine
• Industrial Machinery
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Electric Vehicle Battery Housing Market, By Vehicle Type
5.1 Introduction
5.2 Electric Vehicle
5.3 Hybrid & Plug-In Hybrid EV
5.4 Passenger Cars
5.5 Commercial Vehicles
5.6 Other Vehicle Types
6 Global Electric Vehicle Battery Housing Market, By Battery Type
6.1 Introduction
6.2 Lithium-ion (Li-ion) Batteries
6.3 Nickel-metal hydride (NiMH) Batteries
6.4 Solid-State Batteries
7 Global Electric Vehicle Battery Housing Market, By Material Type
7.1 Introduction
7.2 Aluminum
7.3 Steel
7.4 Composite materials
7.5 Polymers
7.6 Glass Fiber-Reinforced Polymer
7.7 Carbon Fiber Reinforced Polymer
7.8 Other Material Types
8 Global Electric Vehicle Battery Housing Market, By Cell Format Type
8.1 Introduction
8.2 Cylindrical Cell
8.3 Prismatic Cell
8.4 Pouch Cell
9 Global Electric Vehicle Battery Housing Market, By Technology
9.1 Introduction
9.2 Conventional Battery Housings
9.3 Advanced Thermal Management Systems
9.4 Modular Battery Housing Designs
9.5 Other Technologies
10 Global Electric Vehicle Battery Housing Market, By End User
10.1 Introduction
10.2 Aerospace and Defense
10.3 Marine
10.4 Industrial Machinery
10.5 Other End Users
11 Global Electric Vehicle Battery Housing Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Tesla, Inc.
13.2 Panasonic Corporation
13.3 LG Chem
13.4 Samsung SDI
13.5 Hitachi Chemical Co., Ltd.
13.6 Johnson Controls International plc
13.7 Toshiba Corporation
13.8 Envision AESC Group
13.9 Gestamp Automocion S.A.
13.10 Electrovaya Inc.
13.11 EnerSys
13.12 C&D Technologies
13.13 Ecobat Technologies
13.14 Exide Technologies
13.15 TATA AutoComp Systems Limited
13.16 Magna
13.17 Northvolt AB
13.18 SGL Carbon
List of Tables
Table 1 Global Electric Vehicle Battery Housing Market Outlook, By Region (2022-2030) ($MN)
Table 2 Global Electric Vehicle Battery Housing Market Outlook, By Vehicle Type (2022-2030) ($MN)
Table 3 Global Electric Vehicle Battery Housing Market Outlook, By Electric Vehicle (2022-2030) ($MN)
Table 4 Global Electric Vehicle Battery Housing Market Outlook, By Hybrid & Plug-In Hybrid EV (2022-2030) ($MN)
Table 5 Global Electric Vehicle Battery Housing Market Outlook, By Passenger Cars (2022-2030) ($MN)
Table 6 Global Electric Vehicle Battery Housing Market Outlook, By Commercial Vehicles (2022-2030) ($MN)
Table 7 Global Electric Vehicle Battery Housing Market Outlook, By Other Vehicle Types (2022-2030) ($MN)
Table 8 Global Electric Vehicle Battery Housing Market Outlook, By Battery Type (2022-2030) ($MN)
Table 9 Global Electric Vehicle Battery Housing Market Outlook, By Lithium-ion (Li-ion) Batteries (2022-2030) ($MN)
Table 10 Global Electric Vehicle Battery Housing Market Outlook, By Nickel-metal hydride (NiMH) Batteries (2022-2030) ($MN)
Table 11 Global Electric Vehicle Battery Housing Market Outlook, By Solid-State Batteries (2022-2030) ($MN)
Table 12 Global Electric Vehicle Battery Housing Market Outlook, By Material Type (2022-2030) ($MN)
Table 13 Global Electric Vehicle Battery Housing Market Outlook, By Aluminum (2022-2030) ($MN)
Table 14 Global Electric Vehicle Battery Housing Market Outlook, By Steel (2022-2030) ($MN)
Table 15 Global Electric Vehicle Battery Housing Market Outlook, By Composite materials (2022-2030) ($MN)
Table 16 Global Electric Vehicle Battery Housing Market Outlook, By Polymers (2022-2030) ($MN)
Table 17 Global Electric Vehicle Battery Housing Market Outlook, By Glass Fiber-Reinforced Polymer (2022-2030) ($MN)
Table 18 Global Electric Vehicle Battery Housing Market Outlook, By Carbon Fiber Reinforced Polymer (2022-2030) ($MN)
Table 19 Global Electric Vehicle Battery Housing Market Outlook, By Other Material Types (2022-2030) ($MN)
Table 20 Global Electric Vehicle Battery Housing Market Outlook, By Cell Format Type (2022-2030) ($MN)
Table 21 Global Electric Vehicle Battery Housing Market Outlook, By Cylindrical Cell (2022-2030) ($MN)
Table 22 Global Electric Vehicle Battery Housing Market Outlook, By Prismatic Cell (2022-2030) ($MN)
Table 23 Global Electric Vehicle Battery Housing Market Outlook, By Pouch Cell (2022-2030) ($MN)
Table 24 Global Electric Vehicle Battery Housing Market Outlook, By Technology (2022-2030) ($MN)
Table 25 Global Electric Vehicle Battery Housing Market Outlook, By Conventional Battery Housings (2022-2030) ($MN)
Table 26 Global Electric Vehicle Battery Housing Market Outlook, By Advanced Thermal Management Systems (2022-2030) ($MN)
Table 27 Global Electric Vehicle Battery Housing Market Outlook, By Modular Battery Housing Designs (2022-2030) ($MN)
Table 28 Global Electric Vehicle Battery Housing Market Outlook, By Other Technologies (2022-2030) ($MN)
Table 29 Global Electric Vehicle Battery Housing Market Outlook, By End User (2022-2030) ($MN)
Table 30 Global Electric Vehicle Battery Housing Market Outlook, By Aerospace and Defense (2022-2030) ($MN)
Table 31 Global Electric Vehicle Battery Housing Market Outlook, By Marine (2022-2030) ($MN)
Table 32 Global Electric Vehicle Battery Housing Market Outlook, By Industrial Machinery (2022-2030) ($MN)
Table 33 Global Electric Vehicle Battery Housing Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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