The global Battery Systems for Electric Vehicle market was valued at US$ 38910 million in 2022 and is projected to reach US$ 72870 million by 2035, at a CAGR of 9.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
An electric-vehicle battery (EVB) or traction battery is a battery used to power the propulsion of battery electric vehicles (BEVs).
This report aims to provide a comprehensive presentation of the global market for Battery Systems for Electric Vehicle, 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 Battery Systems for Electric Vehicle. This report contains market size and forecasts of Battery Systems for Electric Vehicle in global, including the following market information:
Global Battery Systems for Electric Vehicle Market Revenue, 2018-2023, 2024-2035, ($ millions)
Global Battery Systems for Electric Vehicle Market Sales, 2018-2023, 2024-2035, (K Units)
Global top five Battery Systems for Electric Vehicle companies in 2022 (%)
As a result of the changes in the climatic conditions worldwide and the impact of globalization, most of the countries have been notified to control their emissions it mostly include Asian Pacific countries. This is expected to increase the demand for battery electric vehicles during the forecast period. By the end of 2023, Asia Pacific will account for the majority of the market share, driven by the Environmental Protection Agency (EPA) regulations governing emission and fuel standards in the region, followed by North America. The demand for pure electric vehicles is on the rise and is expected to become a major propellant for the market. Lithium-ion batteries accounted for the highest share in the market.
We surveyed the Battery Systems for Electric Vehicle 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 Battery Systems for Electric Vehicle Market, by Type, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Battery Systems for Electric Vehicle Market Segment Percentages, by Type, 2022 (%)
- Lithium-Ion Batteries
- Lead-Acid Batteries
- Nickel-Metal Hydride Batteries
- Others
Global Battery Systems for Electric Vehicle Market, by Application, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Battery Systems for Electric Vehicle Market Segment Percentages, by Application, 2022 (%)
- Passenger Cars
- Commercial Vehicles
Global Battery Systems for Electric Vehicle Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Battery Systems for Electric Vehicle 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 Battery Systems for Electric Vehicle revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Battery Systems for Electric Vehicle revenues share in global market, 2022 (%)
- Key companies Battery Systems for Electric Vehicle sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Battery Systems for Electric Vehicle sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- GS Yuasa
- A123 Systems
- BYD
- Johnson Controls
- LG
- Boston-Power
- Electrovaya
- NEC
- Panasonic
- Samsung SDI
- Toshiba
- Hitachi
- Energy Storage Technology (China) Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Battery Systems for Electric Vehicle, market overview.
Chapter 2: Global Battery Systems for Electric Vehicle market size in revenue and volume.
Chapter 3: Detailed analysis of Battery Systems for Electric Vehicle 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 Battery Systems for Electric Vehicle 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 Battery Systems for Electric Vehicle 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.
