Electric Vehicle Battery Market Size, Company Analysis, CAGR, Insights, Forecast to 2025

​This industry study presents the global Electric Vehicle Battery market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Electric Vehicle Battery production, revenue and market share by manufacturers, key regions and type;

The consumption of Electric Vehicle Battery in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders BYD, Panasonic, etc.

Electric vehicle battery 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.

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Conducive Government Policies to Encourage Adoption

With a view to contain greenhouse gas emissions, governments and regulatory authorities in various countries are designing policies to encourage uptake of electric vehicles which include tax exemptions, subsidies, prioritized availability of credit, and other financial incentives. For example, the UK announced a registration tax under which electric vehicles priced under £40,000 are fully tax-exempt, while reduced tax rates are applied for plug-in hybrid vehicles. Furthermore, policies are also aimed at attracting investment into developing charging infrastructure for these vehicles. For instance, in Ireland, the government provides an incentive of €2,000 for installing an electric car charging station. These incentives will play a key role in shaping the Electric Vehicle Battery Market trends in the forthcoming years.

Asia-Pacific to Hold a Commanding Position in the Market; Europe to Follow

Asia-Pacific is anticipated to dominate the Electric Vehicle Battery Market share owing to the increasingly stringent regulations put in place by governments in the region to reduce carbon and GHG emissions. The volume of the market in Europe was at 3.1 million in 2018 and is expected to increase mainly on account of a well-established EV infrastructure. The other factor favoring growth in this region is the supply of nickel-metal batteries and lithium-ion batteries at competitive prices by companies. Gradual shift towards electric vehicles as a result of volatile oil prices will be the main factor driving the market in North America. Additionally, rising investments in e-mobility ventures coupled with active government support will further fuel this market in the region.

Interesting Innovation Opportunities to Stimulate Competition

The Electric Vehicle Battery Market forecast by Fortune Business Insights says that this market is set to experience intense competition in the coming decade. This is because major players are looking to consolidate their position through launch of innovative products and strategic collaborations to diversify their product offerings.

Key Industry Developments:

• May 2019: Panasonic Corporation launched Nymbus, a first of its kind smart EV charging service, in India. This next-gen charging system is equipped with charging stations, swap stations, and telematics, along with cloud analytics and artificial intelligence solutions.
• November 2019: Samsung SDI and BMW Group signed a USD 3.2 billion contract under which Samsung will supply lithium-ion battery cells to BMW to enable the carmaker to release 25 new green car models by 2025.

China’s Electric Vehicles Battery Pack industry has developed into a national wide status with certain research and production capacity. Industry product type diversity has gradually improved. China has become large international Electric Vehicles Battery Pack manufacturing country, in addition to middle and low Electric Vehicles Battery Pack products. Some leading companies have been able to provide some high-end Electric Vehicles Battery Pack products, and have already had a competitive edge in the international arena.

Global Electric Vehicle Battery market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Electric Vehicle Battery.

The following manufacturers are covered in this report:

BYD

Panasonic

CATL

OptimumNano

LG Chem

GuoXuan

Lishen

PEVE

AESC

Samsung

Lithium Energy Japan

Beijing Pride Power

BAK Battery

WanXiang

Hitachi

ACCUmotive

Boston Power

Electric Vehicle Battery Breakdown Data by Type

Lithium Ion Battery

NI-MH Battery

Others

Electric Vehicle Battery Breakdown Data by Application

HEV

BEV

Electric Vehicle Battery Production by Region

United States

Europe

China

Japan

South Korea

India

Other Regions

Electric Vehicle Battery Consumption by Region

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Malaysia

Philippines

Thailand

Vietnam

Europe

Germany

France

UK

Italy

Russia

Rest of Europe

Central & South America

Brazil

Rest of South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

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The study objectives are:

• To analyze and research the global Electric Vehicle Battery status and future forecast，involving, production, revenue, consumption, historical and forecast.
• To present the key Electric Vehicle Battery manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
• To segment the breakdown data by regions, type, manufacturers and applications.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends, drivers, influence factors in global and regions.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Electric Vehicle Battery :

• History Year: 2014 - 2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Vehicle Battery market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Study Coverage

1.1 Electric Vehicle Battery Product

1.2 Key Market Segments in This Study

1.3 Key Manufacturers Covered

1.4 Market by Type

1.4.1 Global Electric Vehicle Battery Market Size Growth Rate by Type

1.4.2 Lithium Ion Battery

1.4.3 NI-MH Battery

1.4.4 Others

1.5 Market by Application

1.5.1 Global Electric Vehicle Battery Market Size Growth Rate by Application

1.5.2 HEV

1.5.3 BEV

1.6 Study Objectives

1.7 Years Considered

2 Executive Summary

2.1 Global Electric Vehicle Battery Market Size

2.1.1 Global Electric Vehicle Battery Revenue 2013-2025

2.1.2 Global Electric Vehicle Battery Production 2013-2025

2.2 Electric Vehicle Battery Growth Rate (CAGR) 2018-2025

2.3 Analysis of Competitive Landscape

2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)

2.3.2 Key Electric Vehicle Battery Manufacturers

2.3.2.1 Electric Vehicle Battery Manufacturing Base Distribution, Headquarters

2.3.2.2 Manufacturers Electric Vehicle Battery Product Offered

2.3.2.3 Date of Manufacturers Enter into Electric Vehicle Battery Market

2.4 Key Trends for Electric Vehicle Battery Markets & Products

3 Market Size by Manufacturers

3.1 Electric Vehicle Battery Production by Manufacturers

3.1.1 Electric Vehicle Battery Production by Manufacturers

3.1.2 Electric Vehicle Battery Production Market Share by Manufacturers

3.2 Electric Vehicle Battery Revenue by Manufacturers

3.2.1 Electric Vehicle Battery Revenue by Manufacturers (2013-2018)

3.2.2 Electric Vehicle Battery Revenue Share by Manufacturers (2013-2018)

3.3 Electric Vehicle Battery Price by Manufacturers

3.4 Mergers & Acquisitions, Expansion Plans

4 Electric Vehicle Battery Production by Regions

4.1 Global Electric Vehicle Battery Production by Regions

4.1.1 Global Electric Vehicle Battery Production Market Share by Regions

4.1.2 Global Electric Vehicle Battery Revenue Market Share by Regions

4.2 United States

4.2.1 United States Electric Vehicle Battery Production

4.2.2 United States Electric Vehicle Battery Revenue

4.2.3 Key Players in United States

4.2.4 United States Electric Vehicle Battery Import & Export

4.3 Europe

4.3.1 Europe Electric Vehicle Battery Production

4.3.2 Europe Electric Vehicle Battery Revenue

4.3.3 Key Players in Europe

4.3.4 Europe Electric Vehicle Battery Import & Export

4.4 China

4.4.1 China Electric Vehicle Battery Production

4.4.2 China Electric Vehicle Battery Revenue

4.4.3 Key Players in China

4.4.4 China Electric Vehicle Battery Import & Export

4.5 Japan

4.5.1 Japan Electric Vehicle Battery Production

4.5.2 Japan Electric Vehicle Battery Revenue

4.5.3 Key Players in Japan

4.5.4 Japan Electric Vehicle Battery Import & Export

4.6 South Korea

4.6.1 South Korea Electric Vehicle Battery Production

4.6.2 South Korea Electric Vehicle Battery Revenue

4.6.3 Key Players in South Korea

4.6.4 South Korea Electric Vehicle Battery Import & Export

4.7 India

4.7.1 India Electric Vehicle Battery Production

4.7.2 India Electric Vehicle Battery Revenue

4.7.3 Key Players in India

4.7.4 India Electric Vehicle Battery Import & Export

4.8 Other Regions

5 Electric Vehicle Battery Consumption by Regions

5.1 Global Electric Vehicle Battery Consumption by Regions

5.1.1 Global Electric Vehicle Battery Consumption by Regions

5.1.2 Global Electric Vehicle Battery Consumption Market Share by Regions

5.2 North America

5.2.1 North America Electric Vehicle Battery Consumption by Application

5.2.2 North America Electric Vehicle Battery Consumption by Countries

5.2.3 United States

5.2.4 Canada

5.2.5 Mexico

5.3 Europe

5.3.1 Europe Electric Vehicle Battery Consumption by Application

5.3.2 Europe Electric Vehicle Battery Consumption by Countries

5.3.3 Germany

5.3.4 France

5.3.5 UK

5.3.6 Italy

5.3.7 Russia

5.4 Asia Pacific

5.4.1 Asia Pacific Electric Vehicle Battery Consumption by Application

5.4.2 Asia Pacific Electric Vehicle Battery Consumption by Countries

5.4.3 China

5.4.4 Japan

5.4.5 South Korea

5.4.6 India

5.4.7 Australia

5.4.8 Indonesia

5.4.9 Thailand

5.4.10 Malaysia

5.4.11 Philippines

5.4.12 Vietnam

5.5 Central & South America

5.5.1 Central & South America Electric Vehicle Battery Consumption by Application

5.5.2 Central & South America Electric Vehicle Battery Consumption by Country

5.5.3 Brazil

5.6 Middle East and Africa

5.6.1 Middle East and Africa Electric Vehicle Battery Consumption by Application

5.6.2 Middle East and Africa Electric Vehicle Battery Consumption by Countries

5.6.3 GCC Countries

5.6.4 Egypt

5.6.5 South Africa

6 Market Size by Type

6.1 Global Electric Vehicle Battery Production by Type

6.2 Global Electric Vehicle Battery Revenue by Type

6.3 Electric Vehicle Battery Price by Type

7 Market Size by Application

7.1 Overview

7.2 Global Electric Vehicle Battery Breakdown Dada by Application

7.2.1 Global Electric Vehicle Battery Consumption by Application

7.2.2 Global Electric Vehicle Battery Consumption Market Share by Application (2013-2018)

8 Key Industry Players

8.1 BYD

8.1.1 BYD Company Details

8.1.2 Production and Revenue of Electric Vehicle Battery

8.1.3 BYD Electric Vehicle Battery Product Description

8.1.4 SWOT Analysis

8.1.5 BYD Economic Activity & Plans

8.2 Panasonic

8.2.1 Panasonic Company Details

8.2.2 Production and Revenue of Electric Vehicle Battery

8.2.3 Panasonic Electric Vehicle Battery Product Description

8.2.4 SWOT Analysis

8.2.5 Panasonic Economic Activity & Plans

8.3 CATL

8.3.1 CATL Company Details

8.3.2 Production and Revenue of Electric Vehicle Battery

8.3.3 CATL Electric Vehicle Battery Product Description

8.3.4 SWOT Analysis

8.3.5 CATL Economic Activity & Plans

8.4 OptimumNano

8.4.1 OptimumNano Company Details

8.4.2 Production and Revenue of Electric Vehicle Battery

8.4.3 OptimumNano Electric Vehicle Battery Product Description

8.4.4 SWOT Analysis

8.4.5 OptimumNano Economic Activity & Plans

8.5 LG Chem

8.5.1 LG Chem Company Details

8.5.2 Production and Revenue of Electric Vehicle Battery

8.5.3 LG Chem Electric Vehicle Battery Product Description

8.5.4 SWOT Analysis

8.5.5 LG Chem Economic Activity & Plans

8.6 GuoXuan

8.6.1 GuoXuan Company Details

8.6.2 Production and Revenue of Electric Vehicle Battery

8.6.3 GuoXuan Electric Vehicle Battery Product Description

8.6.4 SWOT Analysis

8.6.5 GuoXuan Economic Activity & Plans

8.7 Lishen

8.7.1 Lishen Company Details

8.7.2 Production and Revenue of Electric Vehicle Battery

8.7.3 Lishen Electric Vehicle Battery Product Description

8.7.4 SWOT Analysis

8.7.5 Lishen Economic Activity & Plans

8.8 PEVE

8.8.1 PEVE Company Details

8.8.2 Production and Revenue of Electric Vehicle Battery

8.8.3 PEVE Electric Vehicle Battery Product Description

8.8.4 SWOT Analysis

8.8.5 PEVE Economic Activity & Plans

8.9 AESC

8.9.1 AESC Company Details

8.9.2 Production and Revenue of Electric Vehicle Battery

8.9.3 AESC Electric Vehicle Battery Product Description

8.9.4 SWOT Analysis

8.9.5 AESC Economic Activity & Plans

8.10 Samsung

8.10.1 Samsung Company Details

8.10.2 Production and Revenue of Electric Vehicle Battery

8.10.3 Samsung Electric Vehicle Battery Product Description

8.10.4 SWOT Analysis

8.10.5 Samsung Economic Activity & Plans

8.11 Lithium Energy Japan

8.12 Beijing Pride Power

8.13 BAK Battery

8.14 WanXiang

8.15 Hitachi

8.16 ACCUmotive

8.17 Boston Power

9 Entry Strategy for Key Countries

9.1 Entry Strategy for United States Market

9.2 Entry Strategy for China Market

9.3 Entry Strategy for India Market

10 Production Forecasts

10.1 Electric Vehicle Battery Production and Revenue Forecast

10.1.1 Global Electric Vehicle Battery Production Forecast 2018-2025

10.1.2 Global Electric Vehicle Battery Revenue Forecast 2018-2025

10.2 Electric Vehicle Battery Production and Revenue Forecast by Regions

10.2.1 Global Electric Vehicle Battery Revenue Forecast by Regions

10.2.2 Global Electric Vehicle Battery Production Forecast by Regions

10.3 Electric Vehicle Battery Key Producers Forecast

10.3.1 United States

10.3.2 Europe

10.3.3 China

10.3.4 Japan

10.3.5 South Korea

10.3.6 India

10.4 Forecast by Type

10.4.1 Global Electric Vehicle Battery Production Forecast by Type

10.4.2 Global Electric Vehicle Battery Revenue Forecast by Type

11 Consumption Forecast

11.1 Electric Vehicle Battery Consumption Forecast by Application

11.2 Electric Vehicle Battery Consumption Forecast by Regions

11.3 North America Market Consumption Forecast

11.3.1 North America Electric Vehicle Battery Consumption Forecast by Regions 2018-2025

11.3.2 United States

11.3.3 Canada

11.3.4 Mexico

11.4 Europe Market Consumption Forecast

11.4.1 Europe Electric Vehicle Battery Consumption Forecast by Regions 2018-2025

11.4.2 Germany

11.4.3 France

11.4.4 UK

11.4.5 Italy

11.4.6 Russia

11.5 Asia Pacific Market Consumption Forecast

11.5.1 Asia Pacific Electric Vehicle Battery Consumption Forecast by Regions 2018-2025

11.5.2 China

11.5.3 Japan

11.5.4 South Korea

11.5.5 India

11.5.6 Australia

11.5.7 Indonesia

11.5.8 Thailand

11.5.9 Malaysia

11.5.10 Philippines

11.5.11 Vietnam

11.6 Central & South America Market Consumption Forecast

11.6.1 Central & South America Electric Vehicle Battery Consumption Forecast by Regions 2018-2025

11.6.2 Brazil

11.7 Middle East and Africa Market Consumption Forecast

11.7.1 Middle East and Africa Electric Vehicle Battery Consumption Forecast by Regions 2018-2025

11.7.2 GCC Countries

11.7.3 Egypt

11.7.4 South Africa

12 Opportunities & Challenges, Threat and Affecting Factors

12.1 Market Opportunities

12.2 Market Challenges

12.3 Porter's Five Forces Analysis

12.4 Affecting Factors

12.4.1 GDP for Major Regions

12.4.2 Population and Labor Considered for Forecast

12.4.3 Disposable Income Considered for Forecast

12.4.4 Price of Raw Materials in Dollars: Evolution

13 Key Findings in the Global Electric Vehicle Battery Study

14 Appendix

14.1 Research Methodology

14.1.1 Methodology/Research Approach

14.1.1.1 Research Programs/Design

14.1.1.2 Market Size Estimation

14.1.1.3 Market Breakdown and Data Triangulation

14.1.2 Data Source

14.1.2.1 Secondary Sources

14.1.2.2 Primary Sources

14.2 Author Details

14.3 Disclaimer

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