The global Electric Vehicles Battery Packs market was valued at US$ 49860 million in 2023 and is projected to reach US$ 159660 million by 2029, at a CAGR of 18.1% 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 Vehicles Battery Packs market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Electric Vehicles Battery Packs market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Electric Vehicles Battery Packs market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Electric vehicle battery pack is providing driving force by consuming the power and it is installed in the electric vehicle. Electric vehicle battery pack designed for Electric Vehicles (EVs) is complex and vary widely by manufacturers and specific application. However, they all incorporate a combination of several simple mechanical and electrical component systems which perform the basic required functions of the pack.
This report aims to provide a comprehensive presentation of the global market for Electric Vehicles Battery Packs, 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 Vehicles Battery Packs. This report contains market size and forecasts of Electric Vehicles Battery Packs in global, including the following market information:
- Global Electric Vehicles Battery Packs Market Revenue, 2019-2024, 2024-2029, ($ millions)
- Global Electric Vehicles Battery Packs Market Sales, 2019-2024, 2024-2029, (K Units)
- Global top five Electric Vehicles Battery Packs companies in 2023 (%)
The major players in global Electric Vehicle Battery Pack market include BYD, Panasonic, CATL, etc. China is the main market, and occupies over 60% of the global market. Lithium Ion Battery is the main type, with a share about 80%. BEVs is the key application, which holds a share over 90%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Vehicles Battery Packs 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 Vehicles Battery Packs Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicles Battery Packs Market Segment Percentages, by Type, 2023 (%)
- Lithium Ion Battery
- NI-MH Battery
- Others
Global Electric Vehicles Battery Packs Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicles Battery Packs Market Segment Percentages, by Application, 2023 (%)
Global Electric Vehicles Battery Packs Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K Units)
Global Electric Vehicles Battery Packs Market Segment Percentages, By Region and Country, 2023 (%)
- 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 Vehicles Battery Packs revenues in global market, 2019-2024 (Estimated), ($ millions)
- Key companies Electric Vehicles Battery Packs revenues share in global market, 2023 (%)
- Key companies Electric Vehicles Battery Packs sales in global market, 2019-2024 (Estimated), (K Units)
- Key companies Electric Vehicles Battery Packs sales share in global market, 2023 (%)
key players include:
- Panasonic
- AESC
- PEVE
- LG Chem
- LEJ
- Samsung SDI
- Hitachi
- ACCUmotive
- Boston Power
- BYD
- Lishen Battery
- CATL
- WanXiang
- GuoXuan High-Tech
- Pride Power
- OptimumNano
- Shenzhen BAK Battery
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electric Vehicles Battery Packs, market overview.
Chapter 2: Global Electric Vehicles Battery Packs market size in revenue and volume.
Chapter 3: Detailed analysis of Electric Vehicles Battery Packs 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 Vehicles Battery Packs 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 Vehicles Battery Packs 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.
