Electric Vehicle (EV) Battery Market - Trends Forecast Till 2028

Electric Vehicle (EV) Battery Market, By Battery Capacity (<50, 50-110, 111-200, 201-300 and >300), Battery Form (Wire, Laser), Propulsion (BEV, PHEV, PHEV, FCEV), Battery Type, Material Type, Li-ion Battery Component, Method, Vehicle Type and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: March, 2021

Base Year Estimate: 2020

Report ID: D-AU-EVBM-125

Format:  

Number of Pages: 363

Domain: Automotive

Electric Vehicle (EV) Battery Market – Trends Forecast Till 2028

Global Electric Vehicle (EV) Battery Market is anticipated to reach USD 27.4 billion in 2021 growing at a CAGR of 25.4% during the forecasting period, 2021-2028.

The battery used in the electrical vehicle is the lithium-ion battery. These batteries provide high energy density and increased power per mass. There are multiple batteries developed with these aims. These batteries operate at a voltage of 200-800 volt. The cells in the battery are connected in series. The cathode is made up of metal oxide and anode of graphite.

With an increase in demand for electric vehicles and multiple government policies favouring electric vehicles are some of the factors that have supported long-term expansion for the Global Electric Vehicle (EV) Battery industry.

Electric Vehicle (EV) Battery Market Analysis

Global Electric Vehicle (EV) Battery Market is segmented into Battery Capacity, Battery Form, Propulsion, Battery Type, Material Type, Li-ion Battery Component, Method, Vehicle Type, and geography.

Battery Capacity segment is segmented into <50, 50-110, 111-200, 201-300 and >300

Battery Form segment is segmented into Wire and Laser

The propulsion segment is segmented into BEV, PHEV, PHEV, and FCEV

Geographically, the global Electric Vehicle (EV) Battery Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America and insights are provided for each region and major countries within the regions

Key players in the global Electric Vehicle (EV) Battery Market are    CATL (China), Panasonic (Japan), LG Chem (South Korea), BYD (China), and Samsung SDI (South Korea) among others.

Available Customizations

In addition to the market data for Global Electric Vehicle (EV) Battery Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement.

Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentations, conferences like Jefferies conference—to identify and collect information useful for the study of the Global Electric Vehicle (EV) Battery Market. The purpose of secondary research is to identify and collection of extensive, technical, market-oriented, and commercial studies of the global Electric Vehicle (EV) Battery Market. Through secondary research, the market is classified and segmented as per industry trend, development, regional market, products, and technological development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the Global Electric Vehicle (EV) Battery Market.

Primary Respondent breakdown is given below:

Electric Vehicle (EV) Battery Market Primary Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the Global Electric Vehicle (EV) Battery Market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Global Electric Vehicle (EV) Battery Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 27.4 billion

Growth Rate

CAGR of 25.4% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Battery Capacity , Battery Form , Propulsion , Battery Type, Material Type, Li-ion Battery Component, Method, Vehicle Type  and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

CATL (China), Panasonic (Japan), LG Chem (South Korea), BYD (China), and Samsung SDI (South Korea)

Available Customization

In addition to the market data for Global Electric Vehicle (EV) Battery Market, Delvens. offers client-centric report and customized according to the company’s specific demand and requirement.

Please complete the form below:

This website is secure and your personal details are safe. Privacy Policy

Please complete the form below:

This website is secure and your personal details are safe. Privacy Policy

Please complete the form below:

This website is secure and your personal details are safe. Privacy Policy

Choose License Type
Global: 50+ Countries

Note: Report data and information will be by Country.


Regional Report

Note: Report data and information will be by Country.


Country Specific Report

Bundle Reports

50% Discount on all additional reports  

Special Pricing

Avail customised purchase options to meet your specific research requirements.

Custom Tailored Services

Delvens. offers transformed research reports where syndicated reports are not sufficient to provide solutions to your business.

Subscription Model

Get latest and trending updates throughout the year on the reports you buy.