Stay up to date with EV Battery Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth.
This press release was orginally distributed by SBWire
Pune, Maharashtra -- (SBWIRE) -- 09/27/2023 -- HTF Market Intelligence published a new research document of 150+pages on "EV Battery Market Insights, to 2028" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the EV Battery market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics.
Some of the key players profiled in the study are Atlasbx Co. Ltd. (South Korea), Bb Battery Co. (Taiwan), BYD Company Ltd. (China), C&D Technologies, Inc. (United States), Contemporary Ampere Technology Co., Ltd (Taiwan), Crown Battery Manufacturing (United States), Duracell (United States), East Penn Manufacturing Company (United States), Enersys, Inc. (United States), Exide Industries Limited (India).
According to HTF Market Intelligence, the Global EV Battery market to witness a CAGR of 18.8% during forecast period of 2023-2028. Global EV Battery Market Breakdown by Battery (Lead-Acid, Lithium-Ion, Nickel-Metal Hydride, Sodium-Ion, Solid-State) by Propulsion (BEV, HEV, PHEV, FCEV) by Vehicle (Passenger Cars, Vans/Light Trucks, Medium & Heavy Trucks, Buses, Off-Highway Vehicles) by Battery Capacity (50 kWh, 50-110 kWh, 111-200 kWh, 201-300 kWh, >300 kWh) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The EV Battery market size is estimated to increase by USD 170.2 Billion at a CAGR of 18.8% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 55.2 Billion.
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Definition:
The Electric Vehicle (EV) Battery market refers to the sector of the automotive and energy industries that involves the research, development, manufacturing, distribution, and deployment of batteries specifically designed for electric vehicles. These batteries are a critical component of electric vehicles, providing the necessary energy storage to power the vehicle's electric motor and other systems.
Market Trends:
- Development of new battery chemistries, such as solid-state batteries.
- Increase in the energy density of batteries.
Market Drivers:
- Increasing demand for electric vehicles (EVs).
- Government regulations promoting the use of EVs.
Market Opportunities:
- Growth of the EV market.
- Development of new applications for batteries, such as in grid storage and renewable energy.
Market Challenges:
- Safety concerns about batteries.
- Environmental impact of battery production and disposal.
Market Restraints:
- High cost of batteries.
- Long charging time for batteries.
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of EV Battery Market: by Vehicle (Passenger Cars, Vans/Light Trucks, Medium & Heavy Trucks, Buses, Off-Highway Vehicles)
Key Applications/end-users of EV Battery Market: by Battery (Lead-Acid, Lithium-Ion, Nickel-Metal Hydride, Sodium-Ion, Solid-State)
Book Latest Edition of Global EV Battery Market Study @ https://www.htfmarketintelligence.com/buy-now?format=1&report=5228
With this report you will learn:
- Who the leading players are in EV Battery Market?
- What you should look for in a EV Battery
- What trends are driving the Market
- About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 EV Battery vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
List of players profiled in this report: Atlasbx Co. Ltd. (South Korea), Bb Battery Co. (Taiwan), BYD Company Ltd. (China), C&D Technologies, Inc. (United States), Contemporary Ampere Technology Co., Ltd (Taiwan), Crown Battery Manufacturing (United States), Duracell (United States), East Penn Manufacturing Company (United States), Enersys, Inc. (United States), Exide Industries Limited (India)
Who should get most benefit from this report insights?
- Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for EV Battery
- Marketers and agencies doing their due diligence in selecting a EV Battery for large and enterprise level organizations
- Analysts and vendors looking for current intelligence about this dynamic marketplace.
- Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
Make an enquiry to understand outline of study and further possible customization in offering @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-ev-battery-market
Quick Snapshot and Extracts from TOC of Latest Edition
Overview of EV Battery Market
EV Battery Size (Sales Volume) Comparison by Type (2023-2028)
EV Battery Size (Consumption) and Market Share Comparison by Application (2023-2028)
EV Battery Size (Value) Comparison by Region (2023-2028)
EV Battery Sales, Revenue and Growth Rate (2023-2028)
EV Battery Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyse competitors, including all important parameters of EV Battery
EV Battery Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
Get Detailed TOC and Overview of Report @ https://www.htfmarketintelligence.com/report/global-ev-battery-market
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About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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