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Electric Vehicle Battery Market, Global Outlook and Forecast 2023-2029

Electric Vehicle Battery Market, Global Outlook and Forecast 2023-2029

  • Published on : 11 June 2023
  • Pages :70
  • Report Code:SMR-7715398

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Report overview

The global Electric Vehicle Battery market was valued at US$ 54540 million in 2022 and is projected to reach US$ 114380 million by 2029, at a CAGR of 11.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Electric Vehicle Battery market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Electric Vehicle Battery market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Electric Vehicle Battery market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Electric Vehicles Battery is providing driving force by consuming the power and it is installed in the electric vehicle.
This report aims to provide a comprehensive presentation of the global market for Electric Vehicle 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 Electric Vehicle Battery. This report contains market size and forecasts of Electric Vehicle Battery in global, including the following market information:

  • Global Electric Vehicle Battery Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Electric Vehicle Battery Market Sales, 2018-2023, 2024-2029, (K Units)
  • Global top five Electric Vehicle Battery companies in 2022 (%)

Global Electric Vehicles Battery key players include BYD, Panasonic, CATL, OptimumNano, LG Chem etc. Global top five manufacturers hold a share over 60%.
China is the largest market, with a share over 70%, followed by Europe & USA and Japan, both have a share over 20% percent.
In terms of product, Li ion Battery is the largest segment, with a share over 70%. And in terms of application, the largest application is BEVs followed by HEVs.
We surveyed the Electric Vehicle Battery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Vehicle Battery Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicle Battery Market Segment Percentages, by Type, 2022 (%)

  • Lead-acid Batteries
  • Lithium Battery
  • Others

Global Electric Vehicle Battery Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicle Battery Market Segment Percentages, by Application, 2022 (%)

  • BEV
  • HEV

Global Electric Vehicle Battery Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicle Battery Market Segment Percentages, By Region and Country, 2022 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Electric Vehicle Battery revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Electric Vehicle Battery revenues share in global market, 2022 (%)
  • Key companies Electric Vehicle Battery sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Electric Vehicle Battery sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Panasonic
  • LG Chem
  • BYD
  • Samsung SDI
  • Johnson Controls
  • GS Yuasa
  • Hitachi Group
  • Automotive Energy Supply
  • Blue Energy
  • Lithium Energy Japan
  • Bosch
  • Wanxiang
  • Beijing Pride Power

Outline of Major Chapters:
Chapter 1: Introduces the definition of Electric Vehicle Battery, market overview.
Chapter 2: Global Electric Vehicle Battery market size in revenue and volume.
Chapter 3: Detailed analysis of Electric Vehicle Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Electric Vehicle 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electric Vehicle Battery capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.