Electric Vehicle Battery Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2027

October 14, 2021

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Market Size – USD 13.36 Billion in 2019, Market Growth - CAGR of 15.1%, Market Trends – High demand in the e-mobility trend.

VANCOUVER, BC, CANADA, October 14, 2021 /EINPresswire.com/ -- The Global Electric Vehicle Battery Market is expected to reach USD 46.80 billion by 2027, according to a new report by Emergen Research. A major factor driving growth is the rising demand for alternative energy sources.

The power generation of electricity reduces carbon dioxide emissions or other dangerous pollutants effectively. Hence, electric vehicle battery technology has a major role to play in resolving environmental issues and promoting the use of renewable energy carriers. Continued product advances and technologies are expected to bring new possibilities for emerging players.

The research study includes the latest updates about the COVID-19 impact on the Electric Vehicle Battery sector. The coronavirus outbreak has drastically impacted the global economic landscape. The report thus entails a complete dissection of the current scenario of this ever-evolving business sector and estimates the after effects of the pandemic on the industry.

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Competitive Scenario

The competitive landscape and company profiles included in the report underscore the major players participating in the global Electric Vehicle Battery market and strategic initiatives undertaken by them for business expansion. The company profiles include information assessed by employing analytical tools like SWOT analysis of established and emerging players. A detailed supply chain and value chain analysis have also been entailed in the report, with a broad analysis of the market’s vendor landscape.

Leading Players Profiled in the Report Are:

A123 Systems, East Penn Manufacturing Company, LLC, BYD Co. Ltd., EnerSys, GS Yuasa Corporation, Hitachi, Ltd., Exide Technologies, Johnson Controls, LG Chem Ltd., and Duracell, among others.

Global Electric Vehicle Battery Market Segmentation:

The market is broadly categorized on the basis of product types offered in the market, region, broad application spectrum, and the leading manufacturers/companies.

Battery Type Outlook (Revenue, USD Billion; 2017-2027)

Lithium-Ion

Lead-Acid

Nickel-Metal Hydride

Sodium-Ion

Others

Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)

Passenger Vehicles

Commercial Vehicles

Propulsion Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

Battery Electric Vehicle

Plug-In Hybrid Electric Vehicle

Regional Segmentation:

The latest Electric Vehicle Battery market report highlights the ongoing market demands and trends, more importantly, in the market that is spread across the major regions of the country. The report entails an insightful analysis of the current growth opportunities for various regions of the Electric Vehicle Battery market. It further mentions the year-on-year growth rate of these regions over the forecast duration. The leading regional segments encompassed in the report include:

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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Key questions addressed:

What are the estimated CAGR for the global Electric Vehicle Battery market and each segment in the global market?

Which market segments and sub-segments have been covered in this report? Which of these segments is foreseen to exhibit the highest growth rate over the projected period? What are the most prominent industry aspects likely to impact the market values and shares of the regions viz., North America, Europe, Asia Pacific, Latin America, and Middle East &Asia? What do the SWOT analysis and Porter’s five forces entailed in the report signify with respect to the future position of the market?

Which are the leading companies operating in the global Electric Vehicle Battery market? What are their strengths and weaknesses?

What are the most common market expansion strategies applied by the key market competitors to reinforce their market positions?

Table of Content:

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Electric Vehicle Battery Market Segmentation & Impact Analysis

4.1. Electric Vehicle Battery Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Government subsidies for Electric Vehicle Battery programs

4.2.2.2. Rising demand for Electric Vehicle Battery systems

4.2.3. Market restraints analysis

4.2.3.1. Lack of skilled labor during COVID-19

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

READ MORE…!

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Eric Lee
Emergen Research
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