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Data Bridge Market Research’s latest report, “Electric Vehicles Battery Market” provides a thorough analysis of growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape, offering valuable insights for industry professionals. Electric Vehicles Battery is the finest market research report, which is the result of a proficient team and their potential capabilities. In this market research report, data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this report is analyzed and forecasted using market statistical and coherent models. This wide-ranging market analysis report puts light on many aspects related to Electric Vehicles Battery industry and market. Market definition, market segmentation, competitive analysis, and research methodology are the major topics covered in the Winning Electric Vehicles Battery business report.
Data Bridge Market Research analyses that the electric vehicles battery market which was USD 49.22 billion in 2022, would rocket up to USD 206.61 billion by 2030, and is expected to undergo a CAGR of 19.64% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Key Opportunities:
- Self-battery changing service save time for users
Battery swapping and battery-as-a-service (BaaS) allow users to change/swap EV batteries when discharged. This battery swapping system saves users valuable time which was spent on recharging the batteries. Battery swapping came up as an alternative for fast charging stations and its demand has grown over the world, which creates an opportunity for the electric vehicles battery market to grow
- Evolution of lithium-ion technology
The development of lithium-ion technology has powered the growth rate for batteries over the last few years. The high energy density and charge holding capacity with low maintenance of lithium-ion batteries has become the primary solution for automakers to power plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) which create an opportunity for electric vehicle battery to grow.
Noteworthy Players Operating at Regional and Global Levels:
- ENERSYS (U.S.)
- BYD Motors Inc.(China)
- Panasonic Corporation (Japan)
- LG Energy Solution.(South korea)
- PRIDE EV(China)
- Wanxiang,(China)
- GS Yuasa International Ltd (Japan)
- Tianneng (China)
- Contemporary Amperex Technology Co Limited (China)
- SAMSUNG SDI CO.,LTD.(South Korea)
- Hankook & Company Co., Ltd.(South Korea)
- Bloomberg L.P.(India)
- C&D Technologies, Inc (U.S.)
- CROWN BATTERY(U.S)
- Duracell Batteries BV (U.S.)
- East Penn Manufacturing Company (U.S)
- EXIDE INDUSTRIES LTD(India)
- HUAYU(NINGBO)NEW ENERGY TECHNOLOGIES CO., LTD(China)
Market Segmentation of Electric Vehicles Battery Market:
Type
- Lithium-Ion Batteries
- Sealed Lead Acid Batteries
- Nickel-Metal Hydride Batteries
- Ultra-Capacitors
- Solid-State Batteries
- Other Batteries
Form
- Prismatic
- Cylindrical
- Pouch
Application
- Electric Cars
- Battery Electric Vehicle
- Hybrid Electric Vehicle
- Pure Hybrid Electric Vehicles
- Plug-In Hybrid Electric Vehicles
- Light Commercial Vehicles
- Vans and Light Trucks
- Heavy Commercial Vehicles
- Heavy Trucks
- Buses
- Two Wheeler
- E-Scooters & Motorcycles
- E-Bikes
- Others
- Off-Highway Vehicles
Capacity
- 50 kWh
- 51-100 kWh
- 101-300 kWh
- 300 kWh
Bonding Type
- Wire
- Laser
Vehicle Type
- Passenger Car
- Commercial Vehicle
End-User
- OEMs
- Aftermarket
- Battery Swapping Stations
Material
- Lithium
- Magnesium
- Cobalt
- Natural Graphite
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