Electric Vehicle Battery Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast Till 2027

Market Size – USD 13.36 Billion in 2019, Market Growth - CAGR of 15.1%, Market Trends – High demand in the e-mobility trend.

This report on Electric Vehicle Battery market offers a detailed analysis of the trends along with the prospective growth of the same in the forecasted period. The power generation of electricity reduces carbon dioxide emissions or other dangerous pollutants effectively. Hence, electric vehicle battery technology has a major role to play in resolving environmental issues and promoting the use of renewable energy carriers. Continued product advances and technologies are expected to bring new possibilities for emerging players.

The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Electric Vehicle Battery market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

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Top competitors of the Electric Vehicle Battery Market profiled in the report include:

 A123 Systems, East Penn Manufacturing Company, LLC, BYD Co. Ltd., EnerSys, GS Yuasa Corporation, Hitachi, Ltd., Exide Technologies, Johnson Controls, LG Chem Ltd., and Duracell, among others.

The research provides answers to the following key questions:

  • What will be the growth rate of the Electric Vehicle Battery market for the forecast period, 2018 to 2028? What will be the market size and the share occupied by the prominent vendors by the estimated period?
  • What are challenges and threats faced by the prominent vendors operating in the Electric Vehicle Battery market?
  • Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
  • What are the past, present and emerging trends likely to influence the growth rate of the Electric Vehicle Battery market for the forecast period, 2018 to 2028?
  • What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?

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SCOPE OF THE REPORT

The study draws a forecast of the growth of the Electric Vehicle Battery market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

Emergen Research has segmented the global Electric Vehicle Battery Market on the basis of vehicle type, battery type, propulsion, and region:

Battery Type Outlook (Revenue, USD Billion; 2017-2027)

  • Lithium-Ion
  • Lead-Acid
  • Nickel-Metal Hydride
  • Sodium-Ion
  • Others

Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)

  • Passenger Vehicles
  • Commercial Vehicles

Propulsion Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

  • Battery Electric Vehicle
  • Plug-In Hybrid Electric Vehicle

In market segmentation by geographical regions, the report has analysed the following regions-       

   North America

   Europe

   Asia-Pacific

   Middle East and Africa

   Latin America  

 

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