LONDON--(BUSINESS WIRE)--Jan 19, 2021--

The electric vehicle battery market is poised to grow by $ 44.24 bn during 2020-2024, progressing at a CAGR of almost 22% during the forecast period.

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Technavio has announced its latest market research report titled Global Electric Vehicle (EV) Battery Market 2020-2024

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The report on the electric vehicle battery market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by advances in EV battery and associated technologies.

The electric vehicle battery market analysis includes type segment and geography landscape. This study identifies the EV charging with V2G technology as one of the prime reasons driving the electric vehicle battery market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The electric vehicle battery market covers the following areas:

Electric Vehicle Battery Market Sizing
Electric Vehicle Battery Market Forecast
Electric Vehicle Battery Market Analysis

Companies Mentioned

• A123 Systems LLC
• Ballard Power Systems Inc.
• BYD Company Ltd.
• Cummins Inc.
• EnerSys
• Exide Technologies
• GS Yuasa International Ltd.
• LG Chem Ltd.
• Panasonic Corp.
• Samsung SDI Co. Ltd.

Related Reports on Utilities Include:

• Primary Lithium Battery Market by Application and Geography - Forecast and Analysis 2020-2024- The primary lithium battery market size has the potential to grow by USD 1.88 billion during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 6.56%. To get extensive research insights: Click and get FREE sample report in minutes
  
• Rooftop Solar Market by Application and Geography - Forecast and Analysis 2020-2024 - The rooftop solar market size has the potential to grow by 11.36 GW during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 5.62%. To get extensive research insights: Click and get FREE sample report in minutes

Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by battery type

• Market segments
• Comparison by battery type
• Lithium-ion battery - Market size and forecast 2019-2024
• Lead-acid battery - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by battery type

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• A123 Systems LLC
• Ballard Power Systems Inc.
• BYD Company Ltd.
• Cummins Inc.
• EnerSys
• Exide Technologies
• GS Yuasa International Ltd.
• LG Chem Ltd.
• Panasonic Corp.
• Samsung SDI Co. Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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KEYWORD:

INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE

SOURCE: Technavio Research

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PUB: 01/19/2021 11:21 AM/DISC: 01/19/2021 11:22 AM

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