Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Key Industry Players in the Global Electric Vehicle Battery Market

The report gives a detailed analysis of the following key players in the global electric vehicle battery market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • BYD Company Ltd.
  • Samsung SDI Co. Ltd.
  • Contemporary Amperex Technology Co., Limited.
  • Mitsubishi Electric Corporation
  • Panasonic Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

Electric Vehicle Battery Market Report Snapshots

Electric Vehicle Battery Market Size

Electric Vehicle Battery Market Share

Electric Vehicle Battery Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global electric vehicle battery market attained a value of nearly USD 64.36 billion.

The market is projected to grow at a CAGR of 19.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 312.66 billion by 2032.

The major drivers of the market include the increasing demand for electric vehicles, rapid technological advancements, and the rising investments in the research and development of electric vehicle battery technology by leading manufacturers.

The key trends of the market include the increasing environmental concerns and the rising pollution levels.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant battery types in the market include lithium-ion, lead-acid, and nickel-metal-hydride, among others.

Passenger car, commercial vehicle, and two wheeler are the leading vehicle types in the market.

The major propulsion types include battery electric vehicle (BEV), plug in hybrid electric vehicle (PHEV), and hybrid electric vehicle (HEV).

The key players in the global electric vehicle battery market are BYD Company Ltd., Samsung SDI Co. Ltd., Contemporary Amperex Technology Co., Limited., Mitsubishi Electric Corporation, and Panasonic Corporation, among others.

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63 Fiona Drive, Tamworth, NSW

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C130 Sector 2 Noida, Uttar Pradesh 201301

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40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

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6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

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