Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

Electric vehicle (EV) battery market size to grow by USD 53,626.86 million from 2022 to 2027, Increasing demand for EVs and their expanded applications to influence market growth - Technavio

Global Electric Vehicle (EV) Battery Market

News provided by

Technavio

May 17, 2023, 09:45 ET

Share this article

Share toX

Share this article

Share toX

NEW YORK, May 17, 2023 /PRNewswire/ -- Technavio has been monitoring the electric vehicle (EV) battery market, and it is expected to grow by USD 53,626.86 million during the five-year forecast period. As per the latest report, the market will progress at a CAGR of 19.57% during 2022-2027. This report aids business leaders with an up-to-date analysis that includes the study of the current market scenario, the latest trends and drivers that are likely to influence the market growth, and the overall market environment. The increasing use of software and sensors for intelligent battery management systems (BMS) is a key trend in the market. EVs and plug-in hybrid electric vehicles (PHEVs) have innovative features such as global positioning systems (GPS), modern power train systems, AC systems, power windows, and displays. All of these features consume a large amount of power. Therefore, there is a need for rechargeable batteries. The increased use of powertrain systems in EVs and PHEVs has increased the use of high-power-density lithium-ion batteries. This has influenced battery manufacturers to increase their focus on developing advanced high-end BMS solutions through R&D. Such factors are expected to increase the use of EV batteries, which, in turn, will support market growth during the forecast period. Download the latest sample report within minutes!

Continue Reading
Technavio has announced its latest market research report titled Global Electric Vehicle (EV) Battery Market
Technavio has announced its latest market research report titled Global Electric Vehicle (EV) Battery Market

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. A123 Systems LLC, Ballard Power Systems Inc., BYD Co. Ltd., Clarios, Crown Battery Manufacturing Co., Cummins Inc., East Penn Manufacturing Co. Inc., EnerSys, Enertech International Inc., Envision Group, Exide Industries Ltd., GS Yuasa Corp., Hitachi Ltd., LG Chem Ltd., OptimumNano Energy Co. Ltd., Panasonic Holdings Corp., Samsung SDI Co. Ltd., SK Innovation Co. Ltd., Solid Power Inc., Tianneng Battery, and Zhejiang Narada Power Source Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The increasing demand for EVs and their expanded applications are driving market growth. Advances in EV technology improve charging infrastructure, which is expected to boost the demand for battery electric vehicles (BEVs) during the forecast period. The rising demand for BEVs and PHEVs increases revenue generation. EV powertrains are being used for regular internal combustion engine vehicles, such as 48V systems, start-stop/micro-hybrid systems, and regenerative braking systems. This increases the workload on the battery, thereby driving demand for battery thermal management systems (BTMS) solutions. These solutions enable wider operating temperature ranges, extend battery life, and expand the range of EVs. These factors are anticipated to fuel market growth during the forecast period. 

Electric Vehicle (EV) Battery Market 2023-2027: Segmentation

  • Type 
    • Lithium-ion Battery
    • Lead-acid Battery
    • Others
  • Vehicle Type 
    • Battery Electric Vehicle
    • Plug-in Hybrid Electric Vehicle
    • Hybrid Electric Vehicle
  • Geography 
    • APAC
    • Europe
    • North America
    • South America
    • Middle East and Africa

The lithium-ion battery segment will account for a significant share of market growth during the forecast period. This growth is attributed to factors such as the high demand for lithium-ion batteries from the EV industry and the declining prices of battery technology. Lithium-ion batteries are manufactured using various combinations of anode and cathode materials, each of which has different safety, cost, and performance characteristics. These factors will drive the growth of the segment during the forecast period.

To learn more about the global trends impacting the future of market research, download
a sample
 

Electric Vehicle (EV) Battery Market 2023-2027: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our electric vehicle (EV) battery market report covers the following areas:

  • Electric Vehicle (EV) Battery Market size
  • Electric Vehicle (EV) Battery Market trends
  • Electric Vehicle (EV) Battery Market industry analysis
  • Electric Vehicle (EV) Battery Market five forces analysis
  • Electric Vehicle (EV) Battery Market competitive landscape

The growing global power crisis is challenging market growth. The global demand for electricity to power EVs is increasing, with the expansion of the markets for hybrid electric vehicles (HEVs) and EVs. Some countries, such as India and Japan, are facing a power crisis. Currently, Japan imports more than 85% of its primary energy. This has increased the country's dependence on oil imports, thereby driving electricity prices. The energy crisis and the rising cost of power generation have a major impact on EV sales. These factors are expected to hinder the growth of the EV battery market during the forecast period. 

What's New? -

  • Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
  • Global competitiveness and key competitor positions
  • Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Electric Vehicle (EV) Battery Market 2023-2027: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the EV battery market. Backed with competitive intelligence and benchmarking, our research reports on the EV battery market are designed to provide entry support, customer profile, and M&As, as well as go-to-market strategy support.

Vendor offerings

  • Ballard Power Systems Inc. - The company offers EV batteries such as Fcmove HD and Fcmove XD.
  • BYD Co. Ltd. - The company offers electric vehicle batteries such as BYD Han EV.
  • Clarios - The company offers electric vehicle batteries such as Clarios xEV.
  • Crown Battery Manufacturing Co. - The company offers EV batteries such as G2 CR-205, GC2 CR-220, and GC2 CR-235.

Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform

Electric Vehicle (EV) Battery Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist electric vehicle (EV) battery market growth during the next five years
  • Estimation of the electric vehicle (EV) battery market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the electric vehicle (EV) battery market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electric vehicle (EV) battery market vendors

Related Reports:

The light vehicle batteries market size is expected to increase by USD 34.06 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.72%. Stringent regulations on GHG emissions from automobiles are notably driving the light vehicle batteries market growth, although factors such as the widening disparity between lithium demand and supply may impede market growth.

The size of the energy storage market for unmanned aerial vehicles (UAVs) is predicted to surge by USD 2.26 billion from 2021 to 2026 at a CAGR of 17.97%. The growing affordability and popularity of UAVs among hobbyists are notably driving the energy storage market growth for unmanned aerial vehicles (UAVs), although factors such as SWaP and other network-based constraints may impede the market growth.

Electric Vehicle (EV) Battery Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 19.57%

Market growth 2023-2027

USD 53,626.86 million

Market structure

Fragmented

YoY growth 2022- 2023 (%)

16.34

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 48%

Key countries

US, China, Japan, Norway, and Germany

Competitive landscape

Leading vendors, market positioning of vendors, competitive strategies, and industry risks

Key companies profiled

A123 Systems LLC, Ballard Power Systems Inc., BYD Co. Ltd., Clarios, Crown Battery Manufacturing Co., Cummins Inc., East Penn Manufacturing Co. Inc., EnerSys, Enertech International Inc., Envision Group, Exide Industries Ltd., GS Yuasa Corp., Hitachi Ltd., LG Chem Ltd., OptimumNano Energy Co. Ltd., Panasonic Holdings Corp., Samsung SDI Co. Ltd., SK Innovation Co. Ltd., Solid Power Inc., Tianneng Battery, and Zhejiang Narada Power Source Co. Ltd.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio Utilities market reports

Table of Contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global electric vehicle (EV) battery market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global electric vehicle (EV) battery market 2017 - 2021 ($ million)
  • 4.2 By Type Segment Analysis 2017 - 2021
    • Exhibit 19: Historic Market Size – By Type Segment 2017 - 2021 ($ million)
  • 4.3 By Vehicle Type Segment Analysis 2017 - 2021
    • Exhibit 20: Historic Market Size – By Vehicle Type Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

  • 6.1 Market segments 
    • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
  • 6.2 Comparison by Type 
    • Exhibit 32: Chart on Comparison by Type
    • Exhibit 33: Data Table on Comparison by Type
  • 6.3 Lithium-ion battery - Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Lithium-ion battery - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Lithium-ion battery - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Lithium-ion battery - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Lithium-ion battery - Year-over-year growth 2022-2027 (%)
  • 6.4 Lead-acid battery - Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Lead-acid battery - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Lead-acid battery - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Lead-acid battery - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Lead-acid battery - Year-over-year growth 2022-2027 (%)
  • 6.5 Others - Market size and forecast 2022-2027
    • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by Type 
    • Exhibit 46: Market opportunity by Type ($ million)
    • Exhibit 47: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Vehicle Type

  • 7.1 Market segments 
    • Exhibit 48: Chart on Vehicle Type - Market share 2022-2027 (%)
    • Exhibit 49: Data Table on Vehicle Type - Market share 2022-2027 (%)
  • 7.2 Comparison by Vehicle Type 
    • Exhibit 50: Chart on Comparison by Vehicle Type
    • Exhibit 51: Data Table on Comparison by Vehicle Type
  • 7.3 Battery electric vehicle - Market size and forecast 2022-2027 
    • Exhibit 52: Chart on Battery electric vehicle - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Data Table on Battery electric vehicle - Market size and forecast 2022-2027 ($ million)
    • Exhibit 54: Chart on Battery electric vehicle - Year-over-year growth 2022-2027 (%)
    • Exhibit 55: Data Table on Battery electric vehicle - Year-over-year growth 2022-2027 (%)
  • 7.4 Plug-in hybrid electric vehicle - Market size and forecast 2022-2027 
    • Exhibit 56: Chart on Plug-in hybrid electric vehicle - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Data Table on Plug-in hybrid electric vehicle - Market size and forecast 2022-2027 ($ million)
    • Exhibit 58: Chart on Plug-in hybrid electric vehicle - Year-over-year growth 2022-2027 (%)
    • Exhibit 59: Data Table on Plug-in hybrid electric vehicle - Year-over-year growth 2022-2027 (%)
  • 7.5 Hybrid electric vehicle - Market size and forecast 2022-2027 
    • Exhibit 60: Chart on Hybrid electric vehicle - Market size and forecast 2022-2027 ($ million)
    • Exhibit 61: Data Table on Hybrid electric vehicle - Market size and forecast 2022-2027 ($ million)
    • Exhibit 62: Chart on Hybrid electric vehicle - Year-over-year growth 2022-2027 (%)
    • Exhibit 63: Data Table on Hybrid electric vehicle - Year-over-year growth 2022-2027 (%)
  • 7.6 Market opportunity by Vehicle Type 
    • Exhibit 64: Market opportunity by Vehicle Type ($ million)
    • Exhibit 65: Data Table on Market opportunity by Vehicle Type ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 67: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 69: Chart on Geographic comparison
    • Exhibit 70: Data Table on Geographic comparison
  • 9.3 APAC - Market size and forecast 2022-2027
    • Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027
    • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 North America - Market size and forecast 2022-2027
    • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.6 South America - Market size and forecast 2022-2027
    • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.8 China - Market size and forecast 2022-2027
    • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.9 US - Market size and forecast 2022-2027
    • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.10 Norway - Market size and forecast 2022-2027
    • Exhibit 99: Chart on Norway - Market size and forecast 2022-2027 ($ million)
    • Exhibit 100: Data Table on Norway - Market size and forecast 2022-2027 ($ million)
    • Exhibit 101: Chart on Norway - Year-over-year growth 2022-2027 (%)
    • Exhibit 102: Data Table on Norway - Year-over-year growth 2022-2027 (%)
  • 9.11 Germany - Market size and forecast 2022-2027
    • Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.12 Japan - Market size and forecast 2022-2027
    • Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 111: Market opportunity by geography ($ million)
    • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 115: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 116: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 117: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 118: Matrix on vendor position and classification
  • 12.3 A123 Systems LLC 
    • Exhibit 119: A123 Systems LLC - Overview
    • Exhibit 120: A123 Systems LLC - Product / Service
    • Exhibit 121: A123 Systems LLC - Key offerings
  • 12.4 Ballard Power Systems Inc. 
    • Exhibit 122: Ballard Power Systems Inc. - Overview
    • Exhibit 123: Ballard Power Systems Inc. - Product / Service
    • Exhibit 124: Ballard Power Systems Inc. - Key news
    • Exhibit 125: Ballard Power Systems Inc. - Key offerings
  • 12.5 BYD Co. Ltd. 
    • Exhibit 126: BYD Co. Ltd. - Overview
    • Exhibit 127: BYD Co. Ltd. - Business segments
    • Exhibit 128: BYD Co. Ltd. - Key news
    • Exhibit 129: BYD Co. Ltd. - Key offerings
    • Exhibit 130: BYD Co. Ltd. - Segment focus
  • 12.6 Clarios 
    • Exhibit 131: Clarios - Overview
    • Exhibit 132: Clarios - Product / Service
    • Exhibit 133: Clarios - Key news
    • Exhibit 134: Clarios - Key offerings
  • 12.7 Crown Battery Manufacturing Co. 
    • Exhibit 135: Crown Battery Manufacturing Co. - Overview
    • Exhibit 136: Crown Battery Manufacturing Co. - Product / Service
    • Exhibit 137: Crown Battery Manufacturing Co. - Key offerings
  • 12.8 Cummins Inc. 
    • Exhibit 138: Cummins Inc. - Overview
    • Exhibit 139: Cummins Inc. - Business segments
    • Exhibit 140: Cummins Inc. - Key offerings
    • Exhibit 141: Cummins Inc. - Segment focus
  • 12.9 EnerSys 
    • Exhibit 142: EnerSys - Overview
    • Exhibit 143: EnerSys - Business segments
    • Exhibit 144: EnerSys - Key news
    • Exhibit 145: EnerSys - Key offerings
    • Exhibit 146: EnerSys - Segment focus
  • 12.10 Enertech International Inc. 
    • Exhibit 147: Enertech International Inc. - Overview
    • Exhibit 148: Enertech International Inc. - Product / Service
    • Exhibit 149: Enertech International Inc. - Key offerings
  • 12.11 Exide Industries Ltd. 
    • Exhibit 150: Exide Industries Ltd. - Overview
    • Exhibit 151: Exide Industries Ltd. - Product / Service
    • Exhibit 152: Exide Industries Ltd. - Key offerings
  • 12.12 GS Yuasa Corp. 
    • Exhibit 153: GS Yuasa Corp. - Overview
    • Exhibit 154: GS Yuasa Corp. - Business segments
    • Exhibit 155: GS Yuasa Corp. - Key news
    • Exhibit 156: GS Yuasa Corp. - Key offerings
    • Exhibit 157: GS Yuasa Corp. - Segment focus
  • 12.13 LG Chem Ltd. 
    • Exhibit 158: LG Chem Ltd. - Overview
    • Exhibit 159: LG Chem Ltd. - Business segments
    • Exhibit 160: LG Chem Ltd. - Key news
    • Exhibit 161: LG Chem Ltd. - Key offerings
    • Exhibit 162: LG Chem Ltd. - Segment focus
  • 12.14 OptimumNano Energy Co. Ltd. 
    • Exhibit 163: OptimumNano Energy Co. Ltd. - Overview
    • Exhibit 164: OptimumNano Energy Co. Ltd. - Product / Service
    • Exhibit 165: OptimumNano Energy Co. Ltd. - Key offerings
  • 12.15 Panasonic Holdings Corp. 
    • Exhibit 166: Panasonic Holdings Corp. - Overview
    • Exhibit 167: Panasonic Holdings Corp. - Business segments
    • Exhibit 168: Panasonic Holdings Corp. - Key news
    • Exhibit 169: Panasonic Holdings Corp. - Key offerings
    • Exhibit 170: Panasonic Holdings Corp. - Segment focus
  • 12.16 Samsung SDI Co. Ltd. 
    • Exhibit 171: Samsung SDI Co. Ltd. - Overview
    • Exhibit 172: Samsung SDI Co. Ltd. - Business segments
    • Exhibit 173: Samsung SDI Co. Ltd. - Key news
    • Exhibit 174: Samsung SDI Co. Ltd. - Key offerings
    • Exhibit 175: Samsung SDI Co. Ltd. - Segment focus
  • 12.17 Zhejiang Narada Power Source Co. Ltd.
    • Exhibit 176: Zhejiang Narada Power Source Co. Ltd. - Overview
    • Exhibit 177: Zhejiang Narada Power Source Co. Ltd. - Business segments
    • Exhibit 178: Zhejiang Narada Power Source Co. Ltd. - Key offerings
    • Exhibit 179: Zhejiang Narada Power Source Co. Ltd. - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist
    • Exhibit 180: Inclusions checklist
    • Exhibit 181: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 182: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 183: Research methodology
    • Exhibit 184: Validation techniques employed for market sizing
    • Exhibit 185: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 186: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

21%

more press release views with 
Request a Demo

Modal title

Also from this source

Fast Casual Restaurants Market to Grow by USD 302.5 Billion from 2024-2028, Driven by Demand for Food Menu Innovation & Customization, Report on How AI is Driving Market Transformation - Technavio

Fast Casual Restaurants Market to Grow by USD 302.5 Billion from 2024-2028, Driven by Demand for Food Menu Innovation & Customization, Report on How AI is Driving Market Transformation - Technavio

Report with the AI impact on market trends - The global fast casual restaurants market size is estimated to grow by USD 302.5 billion from 2024-2028, ...

Fast Fashion Market to Grow by USD 79.2 Billion from 2025-2029, Driven by Burgeoning Youth Populations' Demand for Fast Fashion Clothing, Report on AI-Powered Market Evolution - Technavio

Fast Fashion Market to Grow by USD 79.2 Billion from 2025-2029, Driven by Burgeoning Youth Populations' Demand for Fast Fashion Clothing, Report on AI-Powered Market Evolution - Technavio

Report on how AI is driving market transformation - The global fast fashion market size is estimated to grow by USD 79.2 billion from 2025-2029,...

More Releases From This Source

Explore

Utilities

Utilities

Electrical Utilities

Electrical Utilities

News Releases in Similar Topics

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2025 Cision US Inc.