Global Electric Vehicle Battery Market Insights, Growth, Share, Size: By Battery Type, By Vehicle Type, By Battery Capacity, By Propulsion Type, By Region & Segmental Forecast, 2023-2031, Comparative Analysis and Trends

  • Industry: Automotive & Transportation
  • Report ID: TNR-110-958
  • Number of Pages: 420
  • Table/Charts : Yes
  • November, 2023
  • Base Year : 2024
  • No. of Companies : 15+
  • No. of Countries : 29
  • Views : 10127
  • Covid Impact Covered: Yes
  • War Impact Covered: Yes
  • Formats : PDF, Excel, PPT

Global Electric Vehicle Battery Market to reach USD 144.5 Bn by 2031, with an Estimated CAGR of 20.2 %, states TNR

Over the last several years, electric vehicles have emerged as a critical element in implementing environmental legislation all over the world. To achieve these requirements, vehicle manufacturers have realised that their future products will be developed outside of the environment of traditional internal combustion engines (ICE). The battery is the most important and expensive component in electric vehicles, and the race is raging among OEMs and battery producers all over the world to establish their position in the electric vehicle battery market.

In 2021, electric vehicles accounted for approximately 10% of global vehicle sales, four times their market share in 2019. In comparison to 2020, public and private funding on EVs has more than quadrupled. Numerous governments have promised to phase out ICEs or have aggressive electrification goals. In 2021, there will be five times as many EV models available as in 2015, and most major automakers have announced intentions to further speed electrification of their fleets. These factors will thus support the growth of the overall global electric vehicle battery market in the upcoming years.

Global Electric Vehicle Battery Market Revenue & Forecast, (US$ Million), 2015 – 2031

Global Electric Vehicle Battery Market Future

It is estimated that, more than 27 million electric vehicles are predicted to be on the road by 2030, with EV purchases accounting for 20% to 30% of total vehicle sales.  The world’s leading automakers intend to spend roughly USD 1.2 trillion through 2030 to design and manufacture millions of electric vehicles, as well as the batteries and raw materials required to support that manufacturing. Besides beyond passenger cars, the electrification of commercial vehicles such as buses, trucks, and delivery vans is gaining traction. This will create new opportunities for the electric vehicle battery market. The future of the electric vehicle battery market appears promising, with continued technological innovation, decreasing costs, and growing consumer and regulatory support.

In the electric vehicle industry, lithium-ion batteries have gained greater traction than previous types and thus had the highest share in the market in 2022. Owing to the fact that these batteries can store massive quantities of energy in a relatively tiny container. More novel battery technologies have been invented and investigated in recent years to replace lithium batteries in terms of sustainability, efficiency, and affordability.

The development of solid-state batteries is one of the most promising advances in EV battery technology. These batteries employ solid electrolytes rather than liquid or gel-based electrolytes, making them safer, more efficient, and longer lasting. Solid-state batteries also have a higher energy density than traditional batteries, which means they can store more energy in the same amount of space. Toyota and BMW are investing extensively in solid-state battery technology, and a few firms, such as QuantumScape and Solid Power, are already making strides in the electric vehicle battery market.

As the use of electric vehicles (EVs) grows, the market for electric vehicle batteries provides a huge opportunity for European businesses to enter into the market. It is expected that by 2040, over 70% of all vehicles sold in Europe across all sectors (passenger cars, vans, lorries, and buses) will be electric, due to fast increasing EV economics and a regulatory push across different European nations. Because of the rapid growth in EV numbers, the potential for electric vehicle battery market is enormous. Furthermore it estimated that by 2040, battery consumption from European-made EVs would equal 1,200 gigatonne-hours per year. Thus all the above factors are contributing to the growth of the electric vehicle battery market.

Competitive Landscape

The global electric vehicle battery market’s competitive landscape is very dynamic and continually changing owing to technology developments, alliances, regulatory changes, and market trends. New entrants and innovative technology are all contributing to the overall market’s growth.  The global electric vehicle battery market report includes detailed research on the top competitors in this market, as well as information on their competition. The study also recognizes and analyses key business tactics used by these leading market actors, such as mergers and acquisitions (M&A), affiliations, partnerships, and contracts. A few of the key players operating in the global electric vehicle battery market are:

  • BYD Motors Inc
  • Contemporary Amperex Technology Co., Limited.
  • East Penn Manufacturing Company
  • ENERSYS
  • FURUKAWA ELECTRIC CO., LTD.
  • GS Yuasa International Ltd
  • Hitachi Astemo Americas, Inc.
  • Johnson Matthey Battery Systems
  • leoch International Technology Limited Inc
  • LG Energy Solution.
  • Narada
  • Panasonic Corporation
  • SAMSUNG SDI CO.,LTD
  • Tesla
  • TOSHIBA CORPORATION
  • Wanxiang Group Corporation
  • Other market participants

Global Electric Vehicle Battery Market Report Coverage

Report Specifications Details
Market Revenue in 2022 US$ 53.3 Billion
Market Size Forecast by 2031 US$ 144.5 Billion
Growth Rate (CAGR) 20.2%
Historic Data 2015 – 2021
Base Year for Estimation 2022
Forecast Period 2023 – 2031
Report Inclusions Market Size & Estimates, Market Dynamics, Competitive Scenario, Trends, Growth Factors, Market Determinants, Key Investment Segmentation, Product/Service/Solutions Benchmarking
Segments Covered By Battery Type, By Vehicle Type, By Battery Capacity, By Propulsion Type
Regions Covered North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Countries Covered U.S., Canada, Mexico, Rest of North America,  France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe,  China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific,  Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa,  Brazil, Argentina, Rest of Latin America
Key Players BYD Motors Inc, Contemporary Amperex Technology Co., Limited., East Penn Manufacturing Company, ENERSYS, FURUKAWA ELECTRIC CO., LTD., GS Yuasa International Ltd, Hitachi Astemo Americas, Inc., Johnson Matthey Battery Systems, leoch International Technology Limited Inc, LG Energy Solution., Narada, Panasonic Corporation, SAMSUNG SDI CO.,LTD, Tesla, TOSHIBA CORPORATION, Wanxiang Group Corporation, Other Industry Participants
Customization Scope Customization allows for the inclusion/modification of content pertaining to geographical regions, countries, and specific market segments.
Pricing & Procurement Options Explore purchase options tailored to your specific research requirements
Contact Details Consult With Our Expert

Japan (Toll-Free): – +81 663-386-8111

South Korea (Toll-Free): – +82-808- 703-126

Saudi Arabia (Toll-Free): – +966 800 850 1643

United States: +1 302-232-5106

United Kingdom: +447537105080

E-mail:  askanexpert@thenicheresearch.com

 

 

Global Electric Vehicle Battery Market

By Battery Type

  • Lithium-Ion
  • Solid-State Batteries
  • Lead Acid
  • Nickel Metal Hydride
  • Lithium-Sulfur Batteries
  • Others

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicle
  •  Heavy Commercial Vehicle
  • Others

By Battery Capacity

  • Less than 20kWh
  • 21 to 41kWh
  • More than 41kWh

By Propulsion Type

  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Hybrid Electric Vehicle (HEV)

By Region

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

Report Coverage and Deliverables: 

Table of Contents

.

1.Market Scope
1.1.Market Segmentation
1.2.Years Considered
1.2.1.Historic Years: 2015 - 2021
1.2.2.Base Year: 2022
1.2.3.Forecast Years: 2023 – 2031
2.Key Target Audiences
3.Research Methodology
3.1.Primary Research
3.1.1.Research Questionnaire
3.1.2.Global Percentage Breakdown
3.1.3.Primary Interviews: Key Opinion Leaders (KOLs)
3.2.Secondary Research
3.2.1.Paid Databases
3.2.2.Secondary Sources
3.3.Market Size Estimates
3.3.1.Top-Down Approach
3.3.2.Bottom-Up Approach
3.4.Data Triangulation Methodology
3.5.Research Assumptions
4.Recommendations and Insights from TNR’s Perspective**
5.Holistic Overview of Electric Vehicle Battery Market
6.Market Synopsis: Electric Vehicle Battery Market
7.Electric Vehicle Battery Market Analysis: Qualitative Perspective
7.1.Introduction
7.1.1.Product Definition
7.1.2.Industry Development
7.2.Market Dynamics
7.2.1.Drivers
7.2.2.Restraints
7.2.3.Opportunities
7.3.Trends in Electric Vehicle Battery Market
7.4.Market Determinants Radar Chart
7.5.Macro-Economic and Micro-Economic Indicators: Electric Vehicle Battery Market
7.6.Porter’s Five Force Analysis
8.Global Electric Vehicle Battery Market Analysis and Forecasts, 2023 – 2031
8.1.Overview
8.1.1.Global Electric Vehicle Battery Market Revenue (US$ Mn)
8.2.Global Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
8.2.1.Lithium-Ion Batteries
8.2.1.1.Definition
8.2.1.2.Market Estimation and Penetration, 2015 - 2022
8.2.1.3.Market Forecast, 2023 - 2031
8.2.1.4.Compound Annual Growth Rate (CAGR)
8.2.1.5.Regional Bifurcation
8.2.1.5.1.North America
8.2.1.5.1.1.Market Estimation, 2015 - 2022
8.2.1.5.1.2.Market Forecast, 2023 - 2031
8.2.1.5.2.Europe
8.2.1.5.2.1.Market Estimation, 2015 - 2022
8.2.1.5.2.2.Market Forecast, 2023 - 2031
8.2.1.5.3.Asia Pacific
8.2.1.5.3.1.Market Estimation, 2015 - 2022
8.2.1.5.3.2.Market Forecast, 2023 - 2031
8.2.1.5.4.Middle East and Africa
8.2.1.5.4.1.Market Estimation, 2015 - 2022
8.2.1.5.4.2.Market Forecast, 2023 - 2031
8.2.1.5.5.Latin America
8.2.1.5.5.1.Market Estimation, 2015 - 2022
8.2.1.5.5.2.Market Forecast, 2023 - 2031
8.2.2.Solid-State Batteries
8.2.2.1.Definition
8.2.2.2.Market Estimation and Penetration, 2015 - 2022
8.2.2.3.Market Forecast, 2023 - 2031
8.2.2.4.Compound Annual Growth Rate (CAGR)
8.2.2.5.Regional Bifurcation
8.2.2.5.1.North America
8.2.2.5.1.1.Market Estimation, 2015 - 2022
8.2.2.5.1.2.Market Forecast, 2023 - 2031
8.2.2.5.2.Europe
8.2.2.5.2.1.Market Estimation, 2015 - 2022
8.2.2.5.2.2.Market Forecast, 2023 - 2031
8.2.2.5.3.Asia Pacific
8.2.2.5.3.1.Market Estimation, 2015 - 2022
8.2.2.5.3.2.Market Forecast, 2023 - 2031
8.2.2.5.4.Middle East and Africa
8.2.2.5.4.1.Market Estimation, 2015 - 2022
8.2.2.5.4.2.Market Forecast, 2023 - 2031
8.2.2.5.5.Latin America
8.2.2.5.5.1.Market Estimation, 2015 - 2022
8.2.2.5.5.2.Market Forecast, 2023 - 2031
8.2.3.Lead Acid Batteries
8.2.3.1.Definition
8.2.3.2.Market Estimation and Penetration, 2015 - 2022
8.2.3.3.Market Forecast, 2023 - 2031
8.2.3.4.Compound Annual Growth Rate (CAGR)
8.2.3.5.Regional Bifurcation
8.2.3.5.1.North America
8.2.3.5.1.1.Market Estimation, 2015 - 2022
8.2.3.5.1.2.Market Forecast, 2023 - 2031
8.2.3.5.2.Europe
8.2.3.5.2.1.Market Estimation, 2015 - 2022
8.2.3.5.2.2.Market Forecast, 2023 - 2031
8.2.3.5.3.Asia Pacific
8.2.3.5.3.1.Market Estimation, 2015 - 2022
8.2.3.5.3.2.Market Forecast, 2023 - 2031
8.2.3.5.4.Middle East and Africa
8.2.3.5.4.1.Market Estimation, 2015 - 2022
8.2.3.5.4.2.Market Forecast, 2023 - 2031
8.2.3.5.5.Latin America
8.2.3.5.5.1.Market Estimation, 2015 - 2022
8.2.3.5.5.2.Market Forecast, 2023 - 2031
8.2.4.Nickel Metal Hydride
8.2.4.1.Definition
8.2.4.2.Market Estimation and Penetration, 2015 - 2022
8.2.4.3.Market Forecast, 2023 - 2031
8.2.4.4.Compound Annual Growth Rate (CAGR)
8.2.4.5.Regional Bifurcation
8.2.4.5.1.North America
8.2.4.5.1.1.Market Estimation, 2015 - 2022
8.2.4.5.1.2.Market Forecast, 2023 - 2031
8.2.4.5.2.Europe
8.2.4.5.2.1.Market Estimation, 2015 - 2022
8.2.4.5.2.2.Market Forecast, 2023 - 2031
8.2.4.5.3.Asia Pacific
8.2.4.5.3.1.Market Estimation, 2015 - 2022
8.2.4.5.3.2.Market Forecast, 2023 - 2031
8.2.4.5.4.Middle East and Africa
8.2.4.5.4.1.Market Estimation, 2015 - 2022
8.2.4.5.4.2.Market Forecast, 2023 - 2031
8.2.4.5.5.Latin America
8.2.4.5.5.1.Market Estimation, 2015 - 2022
8.2.4.5.5.2.Market Forecast, 2023 - 2031
8.2.5.Lithium-Sulfur Batteries
8.2.5.1.Definition
8.2.5.2.Market Estimation and Penetration, 2015 - 2022
8.2.5.3.Market Forecast, 2023 - 2031
8.2.5.4.Compound Annual Growth Rate (CAGR)
8.2.5.5.Regional Bifurcation
8.2.5.5.1.North America
8.2.5.5.1.1.Market Estimation, 2015 - 2022
8.2.5.5.1.2.Market Forecast, 2023 - 2031
8.2.5.5.2.Europe
8.2.5.5.2.1.Market Estimation, 2015 - 2022
8.2.5.5.2.2.Market Forecast, 2023 - 2031
8.2.5.5.3.Asia Pacific
8.2.5.5.3.1.Market Estimation, 2015 - 2022
8.2.5.5.3.2.Market Forecast, 2023 - 2031
8.2.5.5.4.Middle East and Africa
8.2.5.5.4.1.Market Estimation, 2015 - 2022
8.2.5.5.4.2.Market Forecast, 2023 - 2031
8.2.5.5.5.Latin America
8.2.5.5.5.1.Market Estimation, 2015 - 2022
8.2.5.5.5.2.Market Forecast, 2023 - 2031
8.2.6.Others
8.2.6.1.Definition
8.2.6.2.Market Estimation and Penetration, 2015 - 2022
8.2.6.3.Market Forecast, 2023 - 2031
8.2.6.4.Compound Annual Growth Rate (CAGR)
8.2.6.5.Regional Bifurcation
8.2.6.5.1.North America
8.2.6.5.1.1.Market Estimation, 2015 - 2022
8.2.6.5.1.2.Market Forecast, 2023 - 2031
8.2.6.5.2.Europe
8.2.6.5.2.1.Market Estimation, 2015 - 2022
8.2.6.5.2.2.Market Forecast, 2023 - 2031
8.2.6.5.3.Asia Pacific
8.2.6.5.3.1.Market Estimation, 2015 - 2022
8.2.6.5.3.2.Market Forecast, 2023 - 2031
8.2.6.5.4.Middle East and Africa
8.2.6.5.4.1.Market Estimation, 2015 - 2022
8.2.6.5.4.2.Market Forecast, 2023 - 2031
8.2.6.5.5.Latin America
8.2.6.5.5.1.Market Estimation, 2015 - 2022
8.2.6.5.5.2.Market Forecast, 2023 - 2031
8.3.Key Segment for Channeling Investments
8.3.1.By Battery Type
9.Global Electric Vehicle Battery Market Analysis and Forecasts, 2023 – 2031
9.1.Overview
9.2.Global Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
9.2.1.Passenger Cars
9.2.1.1.Definition
9.2.1.2.Market Estimation and Penetration, 2015 - 2022
9.2.1.3.Market Forecast, 2023 - 2031
9.2.1.4.Compound Annual Growth Rate (CAGR)
9.2.1.5.Regional Bifurcation
9.2.1.5.1.North America
9.2.1.5.1.1.Market Estimation, 2015 - 2022
9.2.1.5.1.2.Market Forecast, 2023 - 2031
9.2.1.5.2.Europe
9.2.1.5.2.1.Market Estimation, 2015 - 2022
9.2.1.5.2.2.Market Forecast, 2023 - 2031
9.2.1.5.3.Asia Pacific
9.2.1.5.3.1.Market Estimation, 2015 - 2022
9.2.1.5.3.2.Market Forecast, 2023 - 2031
9.2.1.5.4.Middle East and Africa
9.2.1.5.4.1.Market Estimation, 2015 - 2022
9.2.1.5.4.2.Market Forecast, 2023 - 2031
9.2.1.5.5.Latin America
9.2.1.5.5.1.Market Estimation, 2015 - 2022
9.2.1.5.5.2.Market Forecast, 2023 - 2031
9.2.2.Light Commercial Vehicle
9.2.2.1.Definition
9.2.2.2.Market Estimation and Penetration, 2015 - 2022
9.2.2.3.Market Forecast, 2023 - 2031
9.2.2.4.Compound Annual Growth Rate (CAGR)
9.2.2.5.Regional Bifurcation
9.2.2.5.1.North America
9.2.2.5.1.1.Market Estimation, 2015 - 2022
9.2.2.5.1.2.Market Forecast, 2023 - 2031
9.2.2.5.2.Europe
9.2.2.5.2.1.Market Estimation, 2015 - 2022
9.2.2.5.2.2.Market Forecast, 2023 - 2031
9.2.2.5.3.Asia Pacific
9.2.2.5.3.1.Market Estimation, 2015 - 2022
9.2.2.5.3.2.Market Forecast, 2023 - 2031
9.2.2.5.4.Middle East and Africa
9.2.2.5.4.1.Market Estimation, 2015 - 2022
9.2.2.5.4.2.Market Forecast, 2023 - 2031
9.2.2.5.5.Latin America
9.2.2.5.5.1.Market Estimation, 2015 - 2022
9.2.2.5.5.2.Market Forecast, 2023 - 2031
9.2.3.Heavy Commercial Vehicle
9.2.3.1.Definition
9.2.3.2.Market Estimation and Penetration, 2015 - 2022
9.2.3.3.Market Forecast, 2023 - 2031
9.2.3.4.Compound Annual Growth Rate (CAGR)
9.2.3.5.Regional Bifurcation
9.2.3.5.1.North America
9.2.3.5.1.1.Market Estimation, 2015 - 2022
9.2.3.5.1.2.Market Forecast, 2023 - 2031
9.2.3.5.2.Europe
9.2.3.5.2.1.Market Estimation, 2015 - 2022
9.2.3.5.2.2.Market Forecast, 2023 - 2031
9.2.3.5.3.Asia Pacific
9.2.3.5.3.1.Market Estimation, 2015 - 2022
9.2.3.5.3.2.Market Forecast, 2023 - 2031
9.2.3.5.4.Middle East and Africa
9.2.3.5.4.1.Market Estimation, 2015 - 2022
9.2.3.5.4.2.Market Forecast, 2023 - 2031
9.2.3.5.5.Latin America
9.2.3.5.5.1.Market Estimation, 2015 - 2022
9.2.3.5.5.2.Market Forecast, 2023 - 2031
9.2.4.Others
9.2.4.1.Definition
9.2.4.2.Market Estimation and Penetration, 2015 - 2022
9.2.4.3.Market Forecast, 2023 - 2031
9.2.4.4.Compound Annual Growth Rate (CAGR)
9.2.4.5.Regional Bifurcation
9.2.4.5.1.North America
9.2.4.5.1.1.Market Estimation, 2015 - 2022
9.2.4.5.1.2.Market Forecast, 2023 - 2031
9.2.4.5.2.Europe
9.2.4.5.2.1.Market Estimation, 2015 - 2022
9.2.4.5.2.2.Market Forecast, 2023 - 2031
9.2.4.5.3.Asia Pacific
9.2.4.5.3.1.Market Estimation, 2015 - 2022
9.2.4.5.3.2.Market Forecast, 2023 - 2031
9.2.4.5.4.Middle East and Africa
9.2.4.5.4.1.Market Estimation, 2015 - 2022
9.2.4.5.4.2.Market Forecast, 2023 - 2031
9.2.4.5.5.Latin America
9.2.4.5.5.1.Market Estimation, 2015 - 2022
9.2.4.5.5.2.Market Forecast, 2023 - 2031
9.3.Key Segment for Channeling Investments
9.3.1.By Vehicle Type
10.Global Electric Vehicle Battery Market Analysis and Forecasts, 2023 – 2031
10.1.Overview
10.2.Global Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
10.2.1.Less than 20kWh
10.2.1.1.Definition
10.2.1.2.Market Estimation and Penetration, 2015 - 2022
10.2.1.3.Market Forecast, 2023 - 2031
10.2.1.4.Compound Annual Growth Rate (CAGR)
10.2.1.5.Regional Bifurcation
10.2.1.5.1.North America
10.2.1.5.1.1.Market Estimation, 2015 - 2022
10.2.1.5.1.2.Market Forecast, 2023 - 2031
10.2.1.5.2.Europe
10.2.1.5.2.1.Market Estimation, 2015 - 2022
10.2.1.5.2.2.Market Forecast, 2023 - 2031
10.2.1.5.3.Asia Pacific
10.2.1.5.3.1.Market Estimation, 2015 - 2022
10.2.1.5.3.2.Market Forecast, 2023 - 2031
10.2.1.5.4.Middle East and Africa
10.2.1.5.4.1.Market Estimation, 2015 - 2022
10.2.1.5.4.2.Market Forecast, 2023 - 2031
10.2.1.5.5.Latin America
10.2.1.5.5.1.Market Estimation, 2015 - 2022
10.2.1.5.5.2.Market Forecast, 2023 - 2031
10.2.2.21 to 41kWh
10.2.2.1.Definition
10.2.2.2.Market Estimation and Penetration, 2015 - 2022
10.2.2.3.Market Forecast, 2023 - 2031
10.2.2.4.Compound Annual Growth Rate (CAGR)
10.2.2.5.Regional Bifurcation
10.2.2.5.1.North America
10.2.2.5.1.1.Market Estimation, 2015 - 2022
10.2.2.5.1.2.Market Forecast, 2023 - 2031
10.2.2.5.2.Europe
10.2.2.5.2.1.Market Estimation, 2015 - 2022
10.2.2.5.2.2.Market Forecast, 2023 - 2031
10.2.2.5.3.Asia Pacific
10.2.2.5.3.1.Market Estimation, 2015 - 2022
10.2.2.5.3.2.Market Forecast, 2023 - 2031
10.2.2.5.4.Middle East and Africa
10.2.2.5.4.1.Market Estimation, 2015 - 2022
10.2.2.5.4.2.Market Forecast, 2023 - 2031
10.2.2.5.5.Latin America
10.2.2.5.5.1.Market Estimation, 2015 - 2022
10.2.2.5.5.2.Market Forecast, 2023 - 2031
10.2.3.More than 41kWh
10.2.3.1.Definition
10.2.3.2.Market Estimation and Penetration, 2015 - 2022
10.2.3.3.Market Forecast, 2023 - 2031
10.2.3.4.Compound Annual Growth Rate (CAGR)
10.2.3.5.Regional Bifurcation
10.2.3.5.1.North America
10.2.3.5.1.1.Market Estimation, 2015 - 2022
10.2.3.5.1.2.Market Forecast, 2023 - 2031
10.2.3.5.2.Europe
10.2.3.5.2.1.Market Estimation, 2015 - 2022
10.2.3.5.2.2.Market Forecast, 2023 - 2031
10.2.3.5.3.Asia Pacific
10.2.3.5.3.1.Market Estimation, 2015 - 2022
10.2.3.5.3.2.Market Forecast, 2023 - 2031
10.2.3.5.4.Middle East and Africa
10.2.3.5.4.1.Market Estimation, 2015 - 2022
10.2.3.5.4.2.Market Forecast, 2023 - 2031
10.2.3.5.5.Latin America
10.2.3.5.5.1.Market Estimation, 2015 - 2022
10.2.3.5.5.2.Market Forecast, 2023 - 2031
10.3.Key Segment for Channeling Investments
10.3.1.By Battery Capacity
11.Global Electric Vehicle Battery Market Analysis and Forecasts, 2023 – 2031
11.1.Overview
11.2.Global Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
11.2.1.Battery Electric Vehicle (BEV)
11.2.1.1.Definition
11.2.1.2.Market Estimation and Penetration, 2015 - 2022
11.2.1.3.Market Forecast, 2023 - 2031
11.2.1.4.Compound Annual Growth Rate (CAGR)
11.2.1.5.Regional Bifurcation
11.2.1.5.1.North America
11.2.1.5.1.1.Market Estimation, 2015 - 2022
11.2.1.5.1.2.Market Forecast, 2023 - 2031
11.2.1.5.2.Europe
11.2.1.5.2.1.Market Estimation, 2015 - 2022
11.2.1.5.2.2.Market Forecast, 2023 - 2031
11.2.1.5.3.Asia Pacific
11.2.1.5.3.1.Market Estimation, 2015 - 2022
11.2.1.5.3.2.Market Forecast, 2023 - 2031
11.2.1.5.4.Middle East and Africa
11.2.1.5.4.1.Market Estimation, 2015 - 2022
11.2.1.5.4.2.Market Forecast, 2023 - 2031
11.2.1.5.5.Latin America
11.2.1.5.5.1.Market Estimation, 2015 - 2022
11.2.1.5.5.2.Market Forecast, 2023 - 2031
11.2.2.Plug-in Hybrid Electric Vehicle (PHEV)
11.2.2.1.Definition
11.2.2.2.Market Estimation and Penetration, 2015 - 2022
11.2.2.3.Market Forecast, 2023 - 2031
11.2.2.4.Compound Annual Growth Rate (CAGR)
11.2.2.5.Regional Bifurcation
11.2.2.5.1.North America
11.2.2.5.1.1.Market Estimation, 2015 - 2022
11.2.2.5.1.2.Market Forecast, 2023 - 2031
11.2.2.5.2.Europe
11.2.2.5.2.1.Market Estimation, 2015 - 2022
11.2.2.5.2.2.Market Forecast, 2023 - 2031
11.2.2.5.3.Asia Pacific
11.2.2.5.3.1.Market Estimation, 2015 - 2022
11.2.2.5.3.2.Market Forecast, 2023 - 2031
11.2.2.5.4.Middle East and Africa
11.2.2.5.4.1.Market Estimation, 2015 - 2022
11.2.2.5.4.2.Market Forecast, 2023 - 2031
11.2.2.5.5.Latin America
11.2.2.5.5.1.Market Estimation, 2015 - 2022
11.2.2.5.5.2.Market Forecast, 2023 - 2031
11.2.3.Hybrid Electric Vehicle (HEV)
11.2.3.1.Definition
11.2.3.2.Market Estimation and Penetration, 2015 - 2022
11.2.3.3.Market Forecast, 2023 - 2031
11.2.3.4.Compound Annual Growth Rate (CAGR)
11.2.3.5.Regional Bifurcation
11.2.3.5.1.North America
11.2.3.5.1.1.Market Estimation, 2015 - 2022
11.2.3.5.1.2.Market Forecast, 2023 - 2031
11.2.3.5.2.Europe
11.2.3.5.2.1.Market Estimation, 2015 - 2022
11.2.3.5.2.2.Market Forecast, 2023 - 2031
11.2.3.5.3.Asia Pacific
11.2.3.5.3.1.Market Estimation, 2015 - 2022
11.2.3.5.3.2.Market Forecast, 2023 - 2031
11.2.3.5.4.Middle East and Africa
11.2.3.5.4.1.Market Estimation, 2015 - 2022
11.2.3.5.4.2.Market Forecast, 2023 - 2031
11.2.3.5.5.Latin America
11.2.3.5.5.1.Market Estimation, 2015 - 2022
11.2.3.5.5.2.Market Forecast, 2023 - 2031
11.3.Key Segment for Channeling Investments
11.3.1.By Propulsion Type
12.North America Electric Vehicle Battery Market Analysis and Forecasts, 2023 – 2031
12.1.Overview
12.1.1.North America Electric Vehicle Battery Market Revenue (US$ Mn)
12.2.North America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
12.2.1.Lithium-Ion Batteries
12.2.2.Solid-State Batteries
12.2.3.Lead Acid Batteries
12.2.4.Nickel Metal Hydride
12.2.5.Lithium-Sulfur Batteries
12.2.6.Others
12.3.North America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
12.3.1.Passenger Cars
12.3.2.Light Commercial Vehicle
12.3.3.Heavy Commercial Vehicle
12.3.4.Others
12.4.North America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
12.4.1.Less than 20kWh
12.4.2.21 to 41kWh
12.4.3.More than 41kWh
12.5.North America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
12.5.1.Battery Electric Vehicle (BEV)
12.5.2.Plug-in Hybrid Electric Vehicle (PHEV)
12.5.3.Hybrid Electric Vehicle (HEV)
12.6.North America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Country
12.6.1.U.S
12.6.1.1.U.S Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
12.6.1.1.1.Lithium-Ion Batteries
12.6.1.1.2.Solid-State Batteries
12.6.1.1.3.Lead Acid Batteries
12.6.1.1.4.Nickel Metal Hydride
12.6.1.1.5.Lithium-Sulfur Batteries
12.6.1.1.6.Others
12.6.1.2.U.S Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
12.6.1.2.1.Passenger Cars
12.6.1.2.2.Light Commercial Vehicle
12.6.1.2.3.Heavy Commercial Vehicle
12.6.1.2.4.Others
12.6.1.3.U.S Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
12.6.1.3.1.Less than 20kWh
12.6.1.3.2.21 to 41kWh
12.6.1.3.3.More than 41kWh
12.6.1.4.U.S Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
12.6.1.4.1.Battery Electric Vehicle (BEV)
12.6.1.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
12.6.1.4.3.Hybrid Electric Vehicle (HEV)
12.6.2.Canada
12.6.2.1.Canada Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
12.6.2.1.1.Lithium-Ion Batteries
12.6.2.1.2.Solid-State Batteries
12.6.2.1.3.Lead Acid Batteries
12.6.2.1.4.Nickel Metal Hydride
12.6.2.1.5.Lithium-Sulfur Batteries
12.6.2.1.6.Others
12.6.2.2.Canada Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
12.6.2.2.1.Passenger Cars
12.6.2.2.2.Light Commercial Vehicle
12.6.2.2.3.Heavy Commercial Vehicle
12.6.2.2.4.Others
12.6.2.3.Canada Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
12.6.2.3.1.Less than 20kWh
12.6.2.3.2.21 to 41kWh
12.6.2.3.3.More than 41kWh
12.6.2.4.Canada Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
12.6.2.4.1.Battery Electric Vehicle (BEV)
12.6.2.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
12.6.2.4.3.Hybrid Electric Vehicle (HEV)
12.6.3.Mexico
12.6.3.1.Mexico Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
12.6.3.1.1.Lithium-Ion Batteries
12.6.3.1.2.Solid-State Batteries
12.6.3.1.3.Lead Acid Batteries
12.6.3.1.4.Nickel Metal Hydride
12.6.3.1.5.Lithium-Sulfur Batteries
12.6.3.1.6.Others
12.6.3.2.Mexico Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
12.6.3.2.1.Passenger Cars
12.6.3.2.2.Light Commercial Vehicle
12.6.3.2.3.Heavy Commercial Vehicle
12.6.3.2.4.Others
12.6.3.3.Mexico Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
12.6.3.3.1.Less than 20kWh
12.6.3.3.2.21 to 41kWh
12.6.3.3.3.More than 41kWh
12.6.3.4.Mexico Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
12.6.3.4.1.Battery Electric Vehicle (BEV)
12.6.3.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
12.6.3.4.3.Hybrid Electric Vehicle (HEV)
12.6.4.Rest of North America
12.6.4.1.Rest of North America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
12.6.4.1.1.Lithium-Ion Batteries
12.6.4.1.2.Solid-State Batteries
12.6.4.1.3.Lead Acid Batteries
12.6.4.1.4.Nickel Metal Hydride
12.6.4.1.5.Lithium-Sulfur Batteries
12.6.4.1.6.Others
12.6.4.2.Rest of North America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
12.6.4.2.1.Passenger Cars
12.6.4.2.2.Light Commercial Vehicle
12.6.4.2.3.Heavy Commercial Vehicle
12.6.4.2.4.Others
12.6.4.3.Rest of North America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
12.6.4.3.1.Less than 20kWh
12.6.4.3.2.21 to 41kWh
12.6.4.3.3.More than 41kWh
12.6.4.4.Rest of North America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
12.6.4.4.1.Battery Electric Vehicle (BEV)
12.6.4.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
12.6.4.4.3.Hybrid Electric Vehicle (HEV)
12.7.Key Segment for Channeling Investments
12.7.1.By Country
12.7.2.By Battery Type
12.7.3.By Vehicle Type
12.7.4.By Battery Capacity
12.7.5.By Propulsion Type
13.Europe Electric Vehicle Battery Market Analysis and Forecasts, 2023 – 2031
13.1.Overview
13.1.1.Europe Electric Vehicle Battery Market Revenue (US$ Mn)
13.2.Europe Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
13.2.1.Lithium-Ion Batteries
13.2.2.Solid-State Batteries
13.2.3.Lead Acid Batteries
13.2.4.Nickel Metal Hydride
13.2.5.Lithium-Sulfur Batteries
13.2.6.Others
13.3.Europe Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
13.3.1.Passenger Cars
13.3.2.Light Commercial Vehicle
13.3.3.Heavy Commercial Vehicle
13.3.4.Others
13.4.Europe Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
13.4.1.Less than 20kWh
13.4.2.21 to 41kWh
13.4.3.More than 41kWh
13.5.Europe Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
13.5.1.Battery Electric Vehicle (BEV)
13.5.2.Plug-in Hybrid Electric Vehicle (PHEV)
13.5.3.Hybrid Electric Vehicle (HEV)
13.6.Europe Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Country
13.6.1.France
13.6.1.1.France Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
13.6.1.1.1.Lithium-Ion Batteries
13.6.1.1.2.Solid-State Batteries
13.6.1.1.3.Lead Acid Batteries
13.6.1.1.4.Nickel Metal Hydride
13.6.1.1.5.Lithium-Sulfur Batteries
13.6.1.1.6.Others
13.6.1.2.France Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
13.6.1.2.1.Passenger Cars
13.6.1.2.2.Light Commercial Vehicle
13.6.1.2.3.Heavy Commercial Vehicle
13.6.1.2.4.Others
13.6.1.3.France Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
13.6.1.3.1.Less than 20kWh
13.6.1.3.2.21 to 41kWh
13.6.1.3.3.More than 41kWh
13.6.1.4.France Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
13.6.1.4.1.Battery Electric Vehicle (BEV)
13.6.1.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
13.6.1.4.3.Hybrid Electric Vehicle (HEV)
13.6.2.The UK
13.6.2.1.The UK Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
13.6.2.1.1.Lithium-Ion Batteries
13.6.2.1.2.Solid-State Batteries
13.6.2.1.3.Lead Acid Batteries
13.6.2.1.4.Nickel Metal Hydride
13.6.2.1.5.Lithium-Sulfur Batteries
13.6.2.1.6.Others
13.6.2.2.The UK Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
13.6.2.2.1.Passenger Cars
13.6.2.2.2.Light Commercial Vehicle
13.6.2.2.3.Heavy Commercial Vehicle
13.6.2.2.4.Others
13.6.2.3.The UK Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
13.6.2.3.1.Less than 20kWh
13.6.2.3.2.21 to 41kWh
13.6.2.3.3.More than 41kWh
13.6.2.4.The UK Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
13.6.2.4.1.Battery Electric Vehicle (BEV)
13.6.2.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
13.6.2.4.3.Hybrid Electric Vehicle (HEV)
13.6.3.Spain
13.6.3.1.Spain Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
13.6.3.1.1.Lithium-Ion Batteries
13.6.3.1.2.Solid-State Batteries
13.6.3.1.3.Lead Acid Batteries
13.6.3.1.4.Nickel Metal Hydride
13.6.3.1.5.Lithium-Sulfur Batteries
13.6.3.1.6.Others
13.6.3.2.Spain Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
13.6.3.2.1.Passenger Cars
13.6.3.2.2.Light Commercial Vehicle
13.6.3.2.3.Heavy Commercial Vehicle
13.6.3.2.4.Others
13.6.3.3.Spain Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
13.6.3.3.1.Less than 20kWh
13.6.3.3.2.21 to 41kWh
13.6.3.3.3.More than 41kWh
13.6.3.4.Spain Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
13.6.3.4.1.Battery Electric Vehicle (BEV)
13.6.3.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
13.6.3.4.3.Hybrid Electric Vehicle (HEV)
13.6.4.Germany
13.6.4.1.Germany Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
13.6.4.1.1.Lithium-Ion Batteries
13.6.4.1.2.Solid-State Batteries
13.6.4.1.3.Lead Acid Batteries
13.6.4.1.4.Nickel Metal Hydride
13.6.4.1.5.Lithium-Sulfur Batteries
13.6.4.1.6.Others
13.6.4.2.Germany Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
13.6.4.2.1.Passenger Cars
13.6.4.2.2.Light Commercial Vehicle
13.6.4.2.3.Heavy Commercial Vehicle
13.6.4.2.4.Others
13.6.4.3.Germany Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
13.6.4.3.1.Less than 20kWh
13.6.4.3.2.21 to 41kWh
13.6.4.3.3.More than 41kWh
13.6.4.4.Germany Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
13.6.4.4.1.Battery Electric Vehicle (BEV)
13.6.4.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
13.6.4.4.3.Hybrid Electric Vehicle (HEV)
13.6.5.Italy
13.6.5.1.Italy Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
13.6.5.1.1.Lithium-Ion Batteries
13.6.5.1.2.Solid-State Batteries
13.6.5.1.3.Lead Acid Batteries
13.6.5.1.4.Nickel Metal Hydride
13.6.5.1.5.Lithium-Sulfur Batteries
13.6.5.1.6.Others
13.6.5.2.Italy Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
13.6.5.2.1.Passenger Cars
13.6.5.2.2.Light Commercial Vehicle
13.6.5.2.3.Heavy Commercial Vehicle
13.6.5.2.4.Others
13.6.5.3.Italy Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
13.6.5.3.1.Less than 20kWh
13.6.5.3.2.21 to 41kWh
13.6.5.3.3.More than 41kWh
13.6.5.4.Italy Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
13.6.5.4.1.Battery Electric Vehicle (BEV)
13.6.5.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
13.6.5.4.3.Hybrid Electric Vehicle (HEV)
13.6.6.Nordic Countries
13.6.6.1.Nordic Countries Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
13.6.6.1.1.Lithium-Ion Batteries
13.6.6.1.2.Solid-State Batteries
13.6.6.1.3.Lead Acid Batteries
13.6.6.1.4.Nickel Metal Hydride
13.6.6.1.5.Lithium-Sulfur Batteries
13.6.6.1.6.Others
13.6.6.2.Nordic Countries Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
13.6.6.2.1.Passenger Cars
13.6.6.2.2.Light Commercial Vehicle
13.6.6.2.3.Heavy Commercial Vehicle
13.6.6.2.4.Others
13.6.6.3.Nordic Countries Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
13.6.6.3.1.Less than 20kWh
13.6.6.3.2.21 to 41kWh
13.6.6.3.3.More than 41kWh
13.6.6.4.Nordic Countries Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
13.6.6.4.1.Battery Electric Vehicle (BEV)
13.6.6.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
13.6.6.4.3.Hybrid Electric Vehicle (HEV)
13.6.6.5.Nordic Countries Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Country
13.6.6.5.1.Denmark
13.6.6.5.2.Finland
13.6.6.5.3.Iceland
13.6.6.5.4.Sweden
13.6.6.5.5.Norway
13.6.7.Benelux Union
13.6.7.1.Benelux Union Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
13.6.7.1.1.Lithium-Ion Batteries
13.6.7.1.2.Solid-State Batteries
13.6.7.1.3.Lead Acid Batteries
13.6.7.1.4.Nickel Metal Hydride
13.6.7.1.5.Lithium-Sulfur Batteries
13.6.7.1.6.Others
13.6.7.2.Benelux Union Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
13.6.7.2.1.Passenger Cars
13.6.7.2.2.Light Commercial Vehicle
13.6.7.2.3.Heavy Commercial Vehicle
13.6.7.2.4.Others
13.6.7.3.Benelux Union Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
13.6.7.3.1.Less than 20kWh
13.6.7.3.2.21 to 41kWh
13.6.7.3.3.More than 41kWh
13.6.7.4.Benelux Union Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
13.6.7.4.1.Battery Electric Vehicle (BEV)
13.6.7.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
13.6.7.4.3.Hybrid Electric Vehicle (HEV)
13.6.7.5.Benelux Union Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Country
13.6.7.5.1.Belgium
13.6.7.5.2.The Netherlands
13.6.7.5.3.Luxembourg
13.6.8.Rest of Europe
13.6.8.1.Rest of Europe Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
13.6.8.1.1.Lithium-Ion Batteries
13.6.8.1.2.Solid-State Batteries
13.6.8.1.3.Lead Acid Batteries
13.6.8.1.4.Nickel Metal Hydride
13.6.8.1.5.Lithium-Sulfur Batteries
13.6.8.1.6.Others
13.6.8.2.Rest of Europe Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
13.6.8.2.1.Passenger Cars
13.6.8.2.2.Light Commercial Vehicle
13.6.8.2.3.Heavy Commercial Vehicle
13.6.8.2.4.Others
13.6.8.3.Rest of Europe Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
13.6.8.3.1.Less than 20kWh
13.6.8.3.2.21 to 41kWh
13.6.8.3.3.More than 41kWh
13.6.8.4.Rest of Europe Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
13.6.8.4.1.Battery Electric Vehicle (BEV)
13.6.8.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
13.6.8.4.3.Hybrid Electric Vehicle (HEV)
13.7.Key Segment for Channeling Investments
13.7.1.By Country
13.7.2.By Battery Type
13.7.3.By Vehicle Type
13.7.4.By Battery Capacity
13.7.5.By Propulsion Type
14.Asia Pacific Electric Vehicle Battery Market Analysis and Forecasts, 2023 – 2031
14.1.Overview
14.1.1.Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn)
14.2.Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
14.2.1.Lithium-Ion Batteries
14.2.2.Solid-State Batteries
14.2.3.Lead Acid Batteries
14.2.4.Nickel Metal Hydride
14.2.5.Lithium-Sulfur Batteries
14.2.6.Others
14.3.Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
14.3.1.Passenger Cars
14.3.2.Light Commercial Vehicle
14.3.3.Heavy Commercial Vehicle
14.3.4.Others
14.4.Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
14.4.1.Less than 20kWh
14.4.2.21 to 41kWh
14.4.3.More than 41kWh
14.5.Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
14.5.1.Battery Electric Vehicle (BEV)
14.5.2.Plug-in Hybrid Electric Vehicle (PHEV)
14.5.3.Hybrid Electric Vehicle (HEV)
14.6.Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Country
14.6.1.China
14.6.1.1.China Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
14.6.1.1.1.Lithium-Ion Batteries
14.6.1.1.2.Solid-State Batteries
14.6.1.1.3.Lead Acid Batteries
14.6.1.1.4.Nickel Metal Hydride
14.6.1.1.5.Lithium-Sulfur Batteries
14.6.1.1.6.Others
14.6.1.2.China Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
14.6.1.2.1.Passenger Cars
14.6.1.2.2.Light Commercial Vehicle
14.6.1.2.3.Heavy Commercial Vehicle
14.6.1.2.4.Others
14.6.1.3.China Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
14.6.1.3.1.Less than 20kWh
14.6.1.3.2.21 to 41kWh
14.6.1.3.3.More than 41kWh
14.6.1.4.China Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
14.6.1.4.1.Battery Electric Vehicle (BEV)
14.6.1.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
14.6.1.4.3.Hybrid Electric Vehicle (HEV)
14.6.2.Japan
14.6.2.1.Japan Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
14.6.2.1.1.Lithium-Ion Batteries
14.6.2.1.2.Solid-State Batteries
14.6.2.1.3.Lead Acid Batteries
14.6.2.1.4.Nickel Metal Hydride
14.6.2.1.5.Lithium-Sulfur Batteries
14.6.2.1.6.Others
14.6.2.2.Japan Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
14.6.2.2.1.Passenger Cars
14.6.2.2.2.Light Commercial Vehicle
14.6.2.2.3.Heavy Commercial Vehicle
14.6.2.2.4.Others
14.6.2.3.Japan Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
14.6.2.3.1.Less than 20kWh
14.6.2.3.2.21 to 41kWh
14.6.2.3.3.More than 41kWh
14.6.2.4.Japan Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
14.6.2.4.1.Battery Electric Vehicle (BEV)
14.6.2.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
14.6.2.4.3.Hybrid Electric Vehicle (HEV)
14.6.3.India
14.6.3.1.India Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
14.6.3.1.1.Lithium-Ion Batteries
14.6.3.1.2.Solid-State Batteries
14.6.3.1.3.Lead Acid Batteries
14.6.3.1.4.Nickel Metal Hydride
14.6.3.1.5.Lithium-Sulfur Batteries
14.6.3.1.6.Others
14.6.3.2.India Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
14.6.3.2.1.Passenger Cars
14.6.3.2.2.Light Commercial Vehicle
14.6.3.2.3.Heavy Commercial Vehicle
14.6.3.2.4.Others
14.6.3.3.India Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
14.6.3.3.1.Less than 20kWh
14.6.3.3.2.21 to 41kWh
14.6.3.3.3.More than 41kWh
14.6.3.4.India Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
14.6.3.4.1.Battery Electric Vehicle (BEV)
14.6.3.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
14.6.3.4.3.Hybrid Electric Vehicle (HEV)
14.6.4.New Zealand
14.6.4.1.New Zealand Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
14.6.4.1.1.Lithium-Ion Batteries
14.6.4.1.2.Solid-State Batteries
14.6.4.1.3.Lead Acid Batteries
14.6.4.1.4.Nickel Metal Hydride
14.6.4.1.5.Lithium-Sulfur Batteries
14.6.4.1.6.Others
14.6.4.2.New Zealand Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
14.6.4.2.1.Passenger Cars
14.6.4.2.2.Light Commercial Vehicle
14.6.4.2.3.Heavy Commercial Vehicle
14.6.4.2.4.Others
14.6.4.3.New Zealand Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
14.6.4.3.1.Less than 20kWh
14.6.4.3.2.21 to 41kWh
14.6.4.3.3.More than 41kWh
14.6.4.4.New Zealand Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
14.6.4.4.1.Battery Electric Vehicle (BEV)
14.6.4.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
14.6.4.4.3.Hybrid Electric Vehicle (HEV)
14.6.5.Australia
14.6.5.1.Australia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
14.6.5.1.1.Lithium-Ion Batteries
14.6.5.1.2.Solid-State Batteries
14.6.5.1.3.Lead Acid Batteries
14.6.5.1.4.Nickel Metal Hydride
14.6.5.1.5.Lithium-Sulfur Batteries
14.6.5.1.6.Others
14.6.5.2.Australia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
14.6.5.2.1.Passenger Cars
14.6.5.2.2.Light Commercial Vehicle
14.6.5.2.3.Heavy Commercial Vehicle
14.6.5.2.4.Others
14.6.5.3.Australia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
14.6.5.3.1.Less than 20kWh
14.6.5.3.2.21 to 41kWh
14.6.5.3.3.More than 41kWh
14.6.5.4.Australia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
14.6.5.4.1.Battery Electric Vehicle (BEV)
14.6.5.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
14.6.5.4.3.Hybrid Electric Vehicle (HEV)
14.6.6.South Korea
14.6.6.1.South Korea Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
14.6.6.1.1.Lithium-Ion Batteries
14.6.6.1.2.Solid-State Batteries
14.6.6.1.3.Lead Acid Batteries
14.6.6.1.4.Nickel Metal Hydride
14.6.6.1.5.Lithium-Sulfur Batteries
14.6.6.1.6.Others
14.6.6.2.South Korea Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
14.6.6.2.1.Passenger Cars
14.6.6.2.2.Light Commercial Vehicle
14.6.6.2.3.Heavy Commercial Vehicle
14.6.6.2.4.Others
14.6.6.3.South Korea Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
14.6.6.3.1.Less than 20kWh
14.6.6.3.2.21 to 41kWh
14.6.6.3.3.More than 41kWh
14.6.6.4.South Korea Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
14.6.6.4.1.Battery Electric Vehicle (BEV)
14.6.6.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
14.6.6.4.3.Hybrid Electric Vehicle (HEV)
14.6.7.Southeast Asia
14.6.7.1.Southeast Asia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
14.6.7.1.1.Lithium-Ion Batteries
14.6.7.1.2.Solid-State Batteries
14.6.7.1.3.Lead Acid Batteries
14.6.7.1.4.Nickel Metal Hydride
14.6.7.1.5.Lithium-Sulfur Batteries
14.6.7.1.6.Others
14.6.7.2.Southeast Asia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
14.6.7.2.1.Passenger Cars
14.6.7.2.2.Light Commercial Vehicle
14.6.7.2.3.Heavy Commercial Vehicle
14.6.7.2.4.Others
14.6.7.3.Southeast Asia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
14.6.7.3.1.Less than 20kWh
14.6.7.3.2.21 to 41kWh
14.6.7.3.3.More than 41kWh
14.6.7.4.Southeast Asia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
14.6.7.4.1.Battery Electric Vehicle (BEV)
14.6.7.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
14.6.7.4.3.Hybrid Electric Vehicle (HEV)
14.6.7.5.Southeast Asia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Country
14.6.7.5.1.Indonesia
14.6.7.5.2.Thailand
14.6.7.5.3.Malaysia
14.6.7.5.4.Singapore
14.6.7.5.5.Rest of Southeast Asia
14.6.8.Rest of Asia Pacific
14.6.8.1.Rest of Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
14.6.8.1.1.Lithium-Ion Batteries
14.6.8.1.2.Solid-State Batteries
14.6.8.1.3.Lead Acid Batteries
14.6.8.1.4.Nickel Metal Hydride
14.6.8.1.5.Lithium-Sulfur Batteries
14.6.8.1.6.Others
14.6.8.2.Rest of Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
14.6.8.2.1.Passenger Cars
14.6.8.2.2.Light Commercial Vehicle
14.6.8.2.3.Heavy Commercial Vehicle
14.6.8.2.4.Others
14.6.8.3.Rest of Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
14.6.8.3.1.Less than 20kWh
14.6.8.3.2.21 to 41kWh
14.6.8.3.3.More than 41kWh
14.6.8.4.Rest of Asia Pacific Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
14.6.8.4.1.Battery Electric Vehicle (BEV)
14.6.8.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
14.6.8.4.3.Hybrid Electric Vehicle (HEV)
14.7.Key Segment for Channeling Investments
14.7.1.By Country
14.7.2.By Battery Type
14.7.3.By Vehicle Type
14.7.4.By Battery Capacity
14.7.5.By Propulsion Type
15.Middle East and Africa Electric Vehicle Battery Market Analysis and Forecasts, 2023 – 2031
15.1.Overview
15.1.1.Middle East and Africa Electric Vehicle Battery Market Revenue (US$ Mn)
15.2.Middle East and Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
15.2.1.Lithium-Ion Batteries
15.2.2.Solid-State Batteries
15.2.3.Lead Acid Batteries
15.2.4.Nickel Metal Hydride
15.2.5.Lithium-Sulfur Batteries
15.2.6.Others
15.3.Middle East and Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
15.3.1.Passenger Cars
15.3.2.Light Commercial Vehicle
15.3.3.Heavy Commercial Vehicle
15.3.4.Others
15.4.Middle East and Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
15.4.1.Less than 20kWh
15.4.2.21 to 41kWh
15.4.3.More than 41kWh
15.5.Middle East and Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
15.5.1.Battery Electric Vehicle (BEV)
15.5.2.Plug-in Hybrid Electric Vehicle (PHEV)
15.5.3.Hybrid Electric Vehicle (HEV)
15.6.Middle East and Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Country
15.6.1.Saudi Arabia
15.6.1.1.Saudi Arabia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
15.6.1.1.1.Lithium-Ion Batteries
15.6.1.1.2.Solid-State Batteries
15.6.1.1.3.Lead Acid Batteries
15.6.1.1.4.Nickel Metal Hydride
15.6.1.1.5.Lithium-Sulfur Batteries
15.6.1.1.6.Others
15.6.1.2.Saudi Arabia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
15.6.1.2.1.Passenger Cars
15.6.1.2.2.Light Commercial Vehicle
15.6.1.2.3.Heavy Commercial Vehicle
15.6.1.2.4.Others
15.6.1.3.Saudi Arabia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
15.6.1.3.1.Less than 20kWh
15.6.1.3.2.21 to 41kWh
15.6.1.3.3.More than 41kWh
15.6.1.4.Saudi Arabia Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
15.6.1.4.1.Battery Electric Vehicle (BEV)
15.6.1.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
15.6.1.4.3.Hybrid Electric Vehicle (HEV)
15.6.2.UAE
15.6.2.1.UAE Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
15.6.2.1.1.Lithium-Ion Batteries
15.6.2.1.2.Solid-State Batteries
15.6.2.1.3.Lead Acid Batteries
15.6.2.1.4.Nickel Metal Hydride
15.6.2.1.5.Lithium-Sulfur Batteries
15.6.2.1.6.Others
15.6.2.2.UAE Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
15.6.2.2.1.Passenger Cars
15.6.2.2.2.Light Commercial Vehicle
15.6.2.2.3.Heavy Commercial Vehicle
15.6.2.2.4.Others
15.6.2.3.UAE Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
15.6.2.3.1.Less than 20kWh
15.6.2.3.2.21 to 41kWh
15.6.2.3.3.More than 41kWh
15.6.2.4.UAE Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
15.6.2.4.1.Battery Electric Vehicle (BEV)
15.6.2.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
15.6.2.4.3.Hybrid Electric Vehicle (HEV)
15.6.3.Egypt
15.6.3.1.Egypt Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
15.6.3.1.1.Lithium-Ion Batteries
15.6.3.1.2.Solid-State Batteries
15.6.3.1.3.Lead Acid Batteries
15.6.3.1.4.Nickel Metal Hydride
15.6.3.1.5.Lithium-Sulfur Batteries
15.6.3.1.6.Others
15.6.3.2.Egypt Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
15.6.3.2.1.Passenger Cars
15.6.3.2.2.Light Commercial Vehicle
15.6.3.2.3.Heavy Commercial Vehicle
15.6.3.2.4.Others
15.6.3.3.Egypt Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
15.6.3.3.1.Less than 20kWh
15.6.3.3.2.21 to 41kWh
15.6.3.3.3.More than 41kWh
15.6.3.4.Egypt Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
15.6.3.4.1.Battery Electric Vehicle (BEV)
15.6.3.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
15.6.3.4.3.Hybrid Electric Vehicle (HEV)
15.6.4.Kuwait
15.6.4.1.Kuwait Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
15.6.4.1.1.Lithium-Ion Batteries
15.6.4.1.2.Solid-State Batteries
15.6.4.1.3.Lead Acid Batteries
15.6.4.1.4.Nickel Metal Hydride
15.6.4.1.5.Lithium-Sulfur Batteries
15.6.4.1.6.Others
15.6.4.2.Kuwait Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
15.6.4.2.1.Passenger Cars
15.6.4.2.2.Light Commercial Vehicle
15.6.4.2.3.Heavy Commercial Vehicle
15.6.4.2.4.Others
15.6.4.3.Kuwait Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
15.6.4.3.1.Less than 20kWh
15.6.4.3.2.21 to 41kWh
15.6.4.3.3.More than 41kWh
15.6.4.4.Kuwait Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
15.6.4.4.1.Battery Electric Vehicle (BEV)
15.6.4.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
15.6.4.4.3.Hybrid Electric Vehicle (HEV)
15.6.5.South Africa
15.6.5.1.South Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
15.6.5.1.1.Lithium-Ion Batteries
15.6.5.1.2.Solid-State Batteries
15.6.5.1.3.Lead Acid Batteries
15.6.5.1.4.Nickel Metal Hydride
15.6.5.1.5.Lithium-Sulfur Batteries
15.6.5.1.6.Others
15.6.5.2.South Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
15.6.5.2.1.Passenger Cars
15.6.5.2.2.Light Commercial Vehicle
15.6.5.2.3.Heavy Commercial Vehicle
15.6.5.2.4.Others
15.6.5.3.South Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
15.6.5.3.1.Less than 20kWh
15.6.5.3.2.21 to 41kWh
15.6.5.3.3.More than 41kWh
15.6.5.4.South Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
15.6.5.4.1.Battery Electric Vehicle (BEV)
15.6.5.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
15.6.5.4.3.Hybrid Electric Vehicle (HEV)
15.6.6.Rest of Middle East & Africa
15.6.6.1.Rest of Middle East & Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
15.6.6.1.1.Lithium-Ion Batteries
15.6.6.1.2.Solid-State Batteries
15.6.6.1.3.Lead Acid Batteries
15.6.6.1.4.Nickel Metal Hydride
15.6.6.1.5.Lithium-Sulfur Batteries
15.6.6.1.6.Others
15.6.6.2.Rest of Middle East & Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
15.6.6.2.1.Passenger Cars
15.6.6.2.2.Light Commercial Vehicle
15.6.6.2.3.Heavy Commercial Vehicle
15.6.6.2.4.Others
15.6.6.3.Rest of Middle East & Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
15.6.6.3.1.Less than 20kWh
15.6.6.3.2.21 to 41kWh
15.6.6.3.3.More than 41kWh
15.6.6.4.Rest of Middle East & Africa Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
15.6.6.4.1.Battery Electric Vehicle (BEV)
15.6.6.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
15.6.6.4.3.Hybrid Electric Vehicle (HEV)
15.7.Key Segment for Channeling Investments
15.7.1.By Country
15.7.2.By Battery Type
15.7.3.By Vehicle Type
15.7.4.By Battery Capacity
15.7.5.By Propulsion Type
16.Latin America Electric Vehicle Battery Market Analysis and Forecasts, 2023 – 2031
16.1.Overview
16.1.1.Latin America Electric Vehicle Battery Market Revenue (US$ Mn)
16.2.Latin America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
16.2.1.Lithium-Ion Batteries
16.2.2.Solid-State Batteries
16.2.3.Lead Acid Batteries
16.2.4.Nickel Metal Hydride
16.2.5.Lithium-Sulfur Batteries
16.2.6.Others
16.3.Latin America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
16.3.1.Passenger Cars
16.3.2.Light Commercial Vehicle
16.3.3.Heavy Commercial Vehicle
16.3.4.Others
16.4.Latin America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
16.4.1.Less than 20kWh
16.4.2.21 to 41kWh
16.4.3.More than 41kWh
16.5.Latin America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
16.5.1.Battery Electric Vehicle (BEV)
16.5.2.Plug-in Hybrid Electric Vehicle (PHEV)
16.5.3.Hybrid Electric Vehicle (HEV)
16.6.Latin America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Country
16.6.1.Brazil
16.6.1.1.Brazil Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
16.6.1.1.1.Lithium-Ion Batteries
16.6.1.1.2.Solid-State Batteries
16.6.1.1.3.Lead Acid Batteries
16.6.1.1.4.Nickel Metal Hydride
16.6.1.1.5.Lithium-Sulfur Batteries
16.6.1.1.6.Others
16.6.1.2.Brazil Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
16.6.1.2.1.Passenger Cars
16.6.1.2.2.Light Commercial Vehicle
16.6.1.2.3.Heavy Commercial Vehicle
16.6.1.2.4.Others
16.6.1.3.Brazil Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
16.6.1.3.1.Less than 20kWh
16.6.1.3.2.21 to 41kWh
16.6.1.3.3.More than 41kWh
16.6.1.4.Brazil Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
16.6.1.4.1.Battery Electric Vehicle (BEV)
16.6.1.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
16.6.1.4.3.Hybrid Electric Vehicle (HEV)
16.6.2.Argentina
16.6.2.1.Argentina Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
16.6.2.1.1.Lithium-Ion Batteries
16.6.2.1.2.Solid-State Batteries
16.6.2.1.3.Lead Acid Batteries
16.6.2.1.4.Nickel Metal Hydride
16.6.2.1.5.Lithium-Sulfur Batteries
16.6.2.1.6.Others
16.6.2.2.Argentina Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
16.6.2.2.1.Passenger Cars
16.6.2.2.2.Light Commercial Vehicle
16.6.2.2.3.Heavy Commercial Vehicle
16.6.2.2.4.Others
16.6.2.3.Argentina Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
16.6.2.3.1.Less than 20kWh
16.6.2.3.2.21 to 41kWh
16.6.2.3.3.More than 41kWh
16.6.2.4.Argentina Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
16.6.2.4.1.Battery Electric Vehicle (BEV)
16.6.2.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
16.6.2.4.3.Hybrid Electric Vehicle (HEV)
16.6.3.Rest of Latin America
16.6.3.1.Rest of Latin America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Type
16.6.3.1.1.Lithium-Ion Batteries
16.6.3.1.2.Solid-State Batteries
16.6.3.1.3.Lead Acid Batteries
16.6.3.1.4.Nickel Metal Hydride
16.6.3.1.5.Lithium-Sulfur Batteries
16.6.3.1.6.Others
16.6.3.2.Rest of Latin America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Vehicle Type
16.6.3.2.1.Passenger Cars
16.6.3.2.2.Light Commercial Vehicle
16.6.3.2.3.Heavy Commercial Vehicle
16.6.3.2.4.Others
16.6.3.3.Rest of Latin America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Battery Capacity
16.6.3.3.1.Less than 20kWh
16.6.3.3.2.21 to 41kWh
16.6.3.3.3.More than 41kWh
16.6.3.4.Rest of Latin America Electric Vehicle Battery Market Revenue (US$ Mn) and Forecasts, By Propulsion Type
16.6.3.4.1.Battery Electric Vehicle (BEV)
16.6.3.4.2.Plug-in Hybrid Electric Vehicle (PHEV)
16.6.3.4.3.Hybrid Electric Vehicle (HEV)
16.7.Key Segment for Channeling Investments
16.7.1.By Country
16.7.2.By Battery Type
16.7.3.By Vehicle Type
16.7.4.By Battery Capacity
16.7.5.By Propulsion Type
17.Competitive Benchmarking
17.1.Market Share Analysis, 2022
17.2.Global Presence and Growth Strategies
17.2.1.Mergers and Acquisitions
17.2.2.Product Launches
17.2.3.Investments Trends
17.2.4.R&D Initiatives
18.Player Profiles
18.1.BYD Motors Inc
18.1.1.Company Details
18.1.2.Company Overview
18.1.3.Product Offerings
18.1.4.Key Developments
18.1.5.Financial Analysis
18.1.6.SWOT Analysis
18.1.7.Business Strategies
18.2.Contemporary Amperex Technology Co., Limited.
18.2.1.Company Details
18.2.2.Company Overview
18.2.3.Product Offerings
18.2.4.Key Developments
18.2.5.Financial Analysis
18.2.6.SWOT Analysis
18.2.7.Business Strategies
18.3.East Penn Manufacturing Company
18.3.1.Company Details
18.3.2.Company Overview
18.3.3.Product Offerings
18.3.4.Key Developments
18.3.5.Financial Analysis
18.3.6.SWOT Analysis
18.3.7.Business Strategies
18.4.ENERSYS
18.4.1.Company Details
18.4.2.Company Overview
18.4.3.Product Offerings
18.4.4.Key Developments
18.4.5.Financial Analysis
18.4.6.SWOT Analysis
18.4.7.Business Strategies
18.5.FURUKAWA ELECTRIC CO., LTD.
18.5.1.Company Details
18.5.2.Company Overview
18.5.3.Product Offerings
18.5.4.Key Developments
18.5.5.Financial Analysis
18.5.6.SWOT Analysis
18.5.7.Business Strategies
18.6.GS Yuasa International Ltd.
18.6.1.Company Details
18.6.2.Company Overview
18.6.3.Product Offerings
18.6.4.Key Developments
18.6.5.Financial Analysis
18.6.6.SWOT Analysis
18.6.7.Business Strategies
18.7.Hitachi Astemo Americas, Inc.
18.7.1.Company Details
18.7.2.Company Overview
18.7.3.Product Offerings
18.7.4.Key Developments
18.7.5.Financial Analysis
18.7.6.SWOT Analysis
18.7.7.Business Strategies
18.8.Johnson Matthey Battery Systems
18.8.1.Company Details
18.8.2.Company Overview
18.8.3.Product Offerings
18.8.4.Key Developments
18.8.5.Financial Analysis
18.8.6.SWOT Analysis
18.8.7.Business Strategies
18.9.leoch International Technology Limited Inc
18.9.1.Company Details
18.9.2.Company Overview
18.9.3.Product Offerings
18.9.4.Key Developments
18.9.5.Financial Analysis
18.9.6.SWOT Analysis
18.9.7.Business Strategies
18.10.LG Energy Solution.
18.10.1.Company Details
18.10.2.Company Overview
18.10.3.Product Offerings
18.10.4.Key Developments
18.10.5.Financial Analysis
18.10.6.SWOT Analysis
18.10.7.Business Strategies
18.11.Narada
18.11.1.Company Details
18.11.2.Company Overview
18.11.3.Product Offerings
18.11.4.Key Developments
18.11.5.Financial Analysis
18.11.6.SWOT Analysis
18.11.7.Business Strategies
18.12.Panasonic Corporation
18.12.1.Company Details
18.12.2.Company Overview
18.12.3.Product Offerings
18.12.4.Key Developments
18.12.5.Financial Analysis
18.12.6.SWOT Analysis
18.12.7.Business Strategies
18.13.SAMSUNG SDI CO.,LTD
18.13.1.Company Details
18.13.2.Company Overview
18.13.3.Product Offerings
18.13.4.Key Developments
18.13.5.Financial Analysis
18.13.6.SWOT Analysis
18.13.7.Business Strategies
18.14.Tesla
18.14.1.Company Details
18.14.2.Company Overview
18.14.3.Product Offerings
18.14.4.Key Developments
18.14.5.Financial Analysis
18.14.6.SWOT Analysis
18.14.7.Business Strategies
18.15.TOSHIBA CORPORATION
18.15.1.Company Details
18.15.2.Company Overview
18.15.3.Product Offerings
18.15.4.Key Developments
18.15.5.Financial Analysis
18.15.6.SWOT Analysis
18.15.7.Business Strategies
18.16.Wanxiang Group Corporation
18.16.1.Company Details
18.16.2.Company Overview
18.16.3.Product Offerings
18.16.4.Key Developments
18.16.5.Financial Analysis
18.16.6.SWOT Analysis
18.16.7.Business Strategies
18.17.Other market participants
19.Key Findings

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Note: This ToC is tentative and can be changed according to the research study conducted during the course of report completion.

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Global Electric Vehicle Battery Market Segmentation

By Battery Type

 Lithium-Ion Batteries
 Solid-State Batteries
 Lead Acid Batteries
 Nickel Metal Hydride Batteries
 Lithium-Sulfur Batteries
 Others

By Vehicle Type

 Passenger Cars
 Light Commercial Vehicle
  Heavy Commercial Vehicle
 Others

By Battery Capacity

 Less than 20kWh
 21 to 41kWh
 More than 41kWh

By Propulsion Type

 Battery Electric Vehicle (BEV)
 Plug-in Hybrid Electric Vehicle (PHEV)
 Hybrid Electric Vehicle (HEV)

By Region

 North America (U.S., Canada, Mexico, Rest of North America)
 Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
 Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
 Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
 Latin America (Brazil, Argentina, Rest of Latin America)

**Note: The report covers cross-segmentation analysis by region further into countries

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The Niche Research approach encompasses both primary and secondary research methods to provide comprehensive insights. While primary research is the cornerstone of our studies, we also incorporate secondary research sources such as company annual reports, premium industry databases, press releases, industry journals, and white papers. Within our primary research, we actively engage with various industry stakeholders, conducting paid interviews and surveys. Our meticulous analysis extends to every market participant in major countries, allowing us to thoroughly examine their portfolios, calculate market shares, and segment revenues. Our data collection primarily focuses on individual countries within our research scope, enabling us to estimate regional market sizes. Typically, we employ a bottom-up approach, meticulously tracking trends in different countries. We analyze growth drivers, constraints, technological innovations, and opportunities for each country, ultimately arriving at regional figures.Our process begins by examining the growth prospects of each country. Building upon these insights, we project growth and trends for the entire region. Finally, we utilize our proprietary model to refine estimations and forecasts. Our data validation standards are integral to ensuring the reliability and accuracy of our research findings. Here's a breakdown of our data validation processes and the stakeholders we engage with during our primary research:
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  • Demand Side Analysis: To gain insights into adoption trends and consumer preferences, we reach out to target customers and users (non-vendors). This information forms a vital part of the qualitative analysis section of our reports, covering market dynamics, adoption trends, consumer behavior, spending patterns, and other related aspects.
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The forecasts we provide are based on a comprehensive assessment of various factors, including:
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  • Historical Performance and Growth of Market Participants: We assess the historical performance and growth trajectories of key market participants. This analysis provides insights into the competitive landscape and individual company strategies.
  • Market Determinants Impact Analysis (Next Eight Years): We conduct a rigorous analysis of the factors that are projected to influence the market over the next eight years. This includes assessing both internal and external determinants that can shape market dynamics.
  • Drivers and Challenges for the Forecast Period:Identify the factors expected to drive market growth during the forecast period, as well as the challenges that the industry may face. This analysis aids in deriving an accurate growth rate projection.
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  • Macro and Micro Factors Analysis:A thorough examination of both macro-level factors (e.g., economic trends, regulatory changes) and micro-level factors (e.g., technological advancements, consumer preferences) that may influence the market during the forecast period.
  • End-User Sentiment Analysis: To understand the market from the end-user perspective, we conduct sentiment analysis. This involves assessing the sentiment, preferences, and feedback of the end-users, which can provide valuable insights into market trends.
  • Perspective of Primary Participants: Insights gathered directly from primary research participants play a crucial role in shaping our forecasts. Their perspectives and experiences provide valuable qualitative data.
  • Year-on-Year Growth Trend: We utilize a year-on-year growth trend based on historical market growth and expected future trends. This helps in formulating our growth projections, aligning them with the market's historical performance.
Research process adopted by TNR involves multiple stages, including data collection, validation, quality checks, and presentation. It's crucial that the data and information we provide add value to your existing market understanding and expertise. We have also established partnerships with business consulting, research, and survey organizations across regions and globally to collaborate on regional analysis and data validation, ensuring the highest level of accuracy and reliability in our reports.    

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