Electric Vehicle Battery Market 2019 Global Analysis, Size, Growth, Merger, Share, Key Players, Competitive Landscape, Regional, And Industry Forecast To 2023
Jul 8, 2019
Electric Vehicle Battery Market to surge at 8.81% CAGR by 2023, according to Global Electric Vehicle Battery Market Analysis Report published by Market Research Future. Global Electric Vehicle Battery Industry Report analyzes Market for Electric Vehicle Battery by Type, Technology, End Market Region with Forecast to 2023.
Pune, India - July 8, 2019 /MarketersMedia/ —
Electric Vehicle Battery Market to surge at 8.81% CAGR by 2023, according to Global Electric Vehicle Battery Market Analysis Report published by Market Research Future. Global Electric Vehicle Battery Industry Report analyzes Market for Electric Vehicle Battery by Battery Type (Lithium Ion Battery, Lead Acid Battery, Nickel Hydride Battery and others), Vehicle Technology (Battery Electric Vehicles, Hybrid Electric Vehicles, Plug-in Hybrid Electric Vehicles and Others), End Market (OEMs and Aftermarket), Region with Forecast to 2023.
Major Electric Vehicle Battery Companies covered in the market report include LG Chem Ltd (South Korea), Panasonic Corporation (Japan), Johnson Controls International (US), Crown Battery Corporation (US), BYD Company Limited (China), Tianneng Power International (China), Hitachi Chemical Company (Japan), Quallion (US), Automotive Energy Supply Corporation (Japan), GS Yuasa Corporation (Japan), Narada Power Source (China), and Boston-Power (US)
Get Free Sample “Electric Vehicle Battery Market Research – Global Forecast till 2023” report at: https://www.marketresearchfuture.com/sample_request/4810
Global Market Highlights:
Relentless strides to decarbonize transport and reduce emissions have brought Electric Vehicle to the mainstream. This, in turn, has pushed the demand for electric vehicle battery. Market Research Future (MRFR) has recently published a report on the global electric vehicle’s battery market, after a thorough analysis of the key trends and patterns that can impact the growth of the market over the review period of 2017-2023. MRFR's analysis has projected a CAGR of 8.81% over the forecast period.
Electric Vehicle have come to the forefront as the automotive industry's solution to the problem of carbon emission and the problem of depleting fossil fuels. Electric Vehicle comply with the global aims to reduce carbon emission and meet sustainability due to which they have gained massive popularity. Moreover, due to development in batteries, their prices have declined considerably. High-performance and storage efficiency has increased adoption among consumers. Rigorous R&D activities are further likely to enhance the growth of the market. Other factors motivating the growth of the market include the development of charging infrastructure across the globe.
Various government initiatives to encourage the use of Electric Vehicle have also been key to market growth. The governments in multiple countries are providing subsidies, giving exemption on various fees for battery operated Electric Vehicle, and exercising differential policies which have spurred the adoption of Electric Vehicle.
On the flip side, market growth can be deterred by depleting lithium resources and the high price of electric batteries.
Electric Vehicle Battery Industry Segments:
The Electric Vehicle battery market has been segmented based on battery type, vehicle technology, end market.
By battery type, the Electric Vehicle battery market has been segmented into lithium-ion battery, lead acid battery, nickel hydride battery, and others. The lithium-ion battery segment is anticipated to lead the market and will be followed by nickel hydride battery and lead-acid battery.
By vehicle technology, the Electric Vehicle battery market has been segmented into plug-in hybrid Electric Vehicle, battery Electric Vehicle, hybrid Electric Vehicle, and others. The battery Electric Vehicle segment is anticipated to have the largest share of the market, followed by hybrid Electric Vehicle.
By end market, the Electric Vehicle battery market has been segmented into OEMs and aftermarket.
Regional Analysis:
Region-wise, the Electric Vehicle battery market has been segmented into North America, Rest-of-the-World (RoW), Asia Pacific (APAC), and Europe.
In 2016, the global market was led by Asia Pacific. The region is a major automotive manufacturing hub and houses major electric vehicle battery producers. Electric Vehicle battery production is concentrated in China, South Korea, and Japan.
Europe market is driven by growing awareness regarding Electric Vehicle and heightened demand for eco-friendly vehicles. The UK, Germany, and France are the key contributors to the Europe market. The growing sales of Electric Vehicle is augmenting the growth of the North America market.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF SUPPLIERS
3.1.3 BARGAINING POWER OF BUYERS
3.1.34 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
5 GLOBAL ELECTRIC VEHICLES BATTERY MARKET, BY BATTERY TYPE
5.1 INTRODUCTION
5.2 LITHIUM ION BATTERY
5.2.1 MARKET ESTIMATES & FORECAST, 2017-2023
5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2017-2023
5.3 LEAD ACID BATTERY
5.3.1 MARKET ESTIMATES & FORECAST, 2017-2023
5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2017-2023
5.4 NICKEL HYDRIDE BATTERY
5.4.1 MARKET ESTIMATES & FORECAST, 2017-2023
5.4.2 MARKET ESTIMATES & FORECAST BY REGION, 2017-2023
5.5 OTHERS
5.5.1 MARKET ESTIMATES & FORECAST, 2017-2023
5.5.2 MARKET ESTIMATES & FORECAST BY REGION, 2017-2023
Continued…
LIST OF TABLES:
Table 1 Global Electric Vehicle Battery Market: By Region, 2018-2023
Table 2 North America Electric Vehicle Battery Market: By Country, 2018-2023
Table 3 Europe Electric Vehicle Battery Market: By Country, 2018-2023
Table 4 Asia-Pacific Electric Vehicle Battery Market: By Country, 2018-2023
Table 5 RoW Electric Vehicle Battery Market: By Country, 2018-2023
Continued…
LIST OF FIGURES:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down & Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter's Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…
Browse More Information On This Report at: https://www.marketresearchfuture.com/reports/electric-vehicles-battery-market-4810
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: abhishek sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 528,, Amanora Chambers Magarpatta Road, Pune, India.,
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/electric-vehicles-battery-market-4810
Source: MarketersMedia
Release ID: 88893810
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