PUBLISHER: IMARC | PRODUCT CODE: 1298780
PUBLISHER: IMARC | PRODUCT CODE: 1298780
Electric Vehicle Battery Housing Market by Cell Format Type, Material, Vehicle Type, and Region 2023-2028
The global electric vehicle (EV) battery housing market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.41 Billion by 2028, exhibiting a growth rate (CAGR) of 34.35% during 2023-2028. The rising demand for electric vehicles (EVs), the implementation of favorable government policies, and the incorporation of lightweight materials represent some of the key factors driving the market.
Electric vehicle (EV) battery housing refers to a protective enclosure used for storing the battery pack in an EV. It is manufactured using several lightweight and highly durable materials, such as aluminum, steel, plastics, and various composites, such as glass and carbon fiber reinforced polymers. EV battery housing is widely used in electric cars, trucks, vans, buses, motorcycles, scooters, and three-wheelers. It offers excellent thermal conductivity, a high strength-to-weight ratio, better insulation properties, and resistance against collision, corrosion, and extreme temperatures. EV battery housing also ensures optimum protection of the battery pack, prevents damages from overheating, prolongs equipment service life, and reduces the risk of potential hazards, such as fire, explosion, and chemical leaks. It also aids in enhancing vehicle performance, extending range, improving the driving experience, and increasing energy efficiency.
Electric Vehicle (EV) Battery Housing Market Trends:
The rising adoption of EVs due to growing environmental concerns and increasing pollution levels is one of the key factors driving the market growth. EV battery housing is widely used in electric two-wheelers, three-wheelers, passenger cars, and commercial vehicles to ensure safe and reliable battery operation, minimize accidental damages, and prevent hazardous incidences. Furthermore, the implementation of favorable policies by several governments to promote the adoption of EVs to reduce dependency on fossil fuel, minimize carbon footprint, and curb air pollution is providing an impetus to the market growth. Apart from this, the growing product demand due to the easy accessibility of battery packs and the steady decline in battery costs is favoring the market growth. Additionally, the incorporation of lightweight materials, such as carbon fiber, magnesium, and aluminum, which aid in reducing vehicle weight, improving efficiency, and extending range, is positively influencing the market growth. Besides this, the recent development of multi-material EV battery housing, which offers better thermal management, improved safety, and high-impact resistance, is acting as another growth-inducing factor. Moreover, the rapid expansion of charging infrastructures, which allow users to charge their EVs on the go and conveniently swap batteries at the charging stations, is supporting the market growth. Other factors, including increasing investments in battery manufacturing, extensive research and development (R&D) activities, the rising focus on vehicle safety, and the growing consumer awareness regarding the benefits of EVs, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global electric vehicle (EV) battery housing market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on cell format type, material, and vehicle type.
Cell Format Type Insights:
Pouch Cell
Cylindrical Cell
Prismatic Cell
The report has provided a detailed breakup and analysis of the electric vehicle (EV) battery housing market based on the cell format type. This includes pouch, cylindrical, and prismatic cell. According to the report, cylindrical cell represented the largest segment.
Material Insights:
Steel
Aluminum
Glass Fiber Reinforced Plastic
Carbon Fiber Reinforced Plastic
A detailed breakup and analysis of the electric vehicle (EV) battery housing market based on the material has also been provided in the report. This includes steel, aluminum, glass fiber reinforced plastic, and carbon fiber reinforced plastic. According to the report, aluminum accounted for the largest market share.
Vehicle Type Insights:
Passenger Cars
Commercial Vehicles
Two Wheelers and Three Wheelers
A detailed breakup and analysis of the electric vehicle (EV) battery housing market based on the vehicle type has also been provided in the report. This includes passenger cars, commercial vehicles, and two wheelers and three wheelers. According to the report, passenger cars accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for electric vehicle (EV) battery housing. Some of the factors driving the Europe electric vehicle (EV) battery housing market included rising adoption of EVs, increasing government initiatives, and significant technological advancements.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global electric vehicle (EV) battery housing market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Constellium SE, Gestamp Automocion, S.A., GF Casting Solutions, Minth Group Ltd., Nemak S.A.B. de C.V., Norsk Hydro ASA, Novelis Inc. (Hindalco Industries Limited), Proterial, Ltd., Teijin Automotive Technologies, thyssenkrupp AG, TRB Lightweight, UACJ Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global electric vehicle (EV) battery housing market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global electric vehicle (EV) battery housing market?
- What is the impact of each driver, restraint, and opportunity on the global electric vehicle (EV) battery housing market?
- What are the key regional markets?
- Which countries represent the most attractive electric vehicle (EV) battery housing market?
- What is the breakup of the market based on the cell format type?
- Which is the most attractive cell format type in the electric vehicle (EV) battery housing market?
- What is the breakup of the market based on the material?
- Which is the most attractive material in the electric vehicle (EV) battery housing market?
- What is the breakup of the market based on vehicle type?
- Which is the most attractive vehicle type in the electric vehicle (EV) battery housing market?
- What is the competitive structure of the global electric vehicle (EV) battery housing market?
- Who are the key players/companies in the global electric vehicle (EV) battery housing market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Electric Vehicle (EV) Battery Housing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Cell Format Type
- 6.1 Pouch Cell
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Cylindrical Cell
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Prismatic Cell
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Material
- 7.1 Steel
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Aluminium
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Glass Fiber Reinforced Plastic
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Carbon Fiber Reinforced Plastic
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Vehicle Type
- 8.1 Passenger Cars
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial Vehicles
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Two Wheelers and Three Wheelers
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Constellium SE
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Gestamp Automocion, S.A.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 GF Casting Solutions
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Minth Group Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Nemak S.A.B. de C.V.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Norsk Hydro ASA
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Novelis Inc. (Hindalco Industries Limited)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 SWOT Analysis
- 14.3.8 Proterial, Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 SWOT Analysis
- 14.3.9 Teijin Automotive Technologies
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 thyssenkrupp AG
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 TRB Lightweight
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 UACJ Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.1 Constellium SE
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Electric Vehicle Battery Housing Market: Major Drivers and Challenges
- Figure 2: Global: Electric Vehicle Battery Housing Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Electric Vehicle Battery Housing Market: Breakup by Cell Format Type (in %), 2022
- Figure 5: Global: Electric Vehicle Battery Housing Market: Breakup by Material (in %), 2022
- Figure 6: Global: Electric Vehicle Battery Housing Market: Breakup by Vehicle Type (in %), 2022
- Figure 7: Global: Electric Vehicle Battery Housing Market: Breakup by Region (in %), 2022
- Figure 8: Global: Electric Vehicle Battery Housing (Pouch Cell) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Electric Vehicle Battery Housing (Pouch Cell) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Electric Vehicle Battery Housing (Cylindrical Cell) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Electric Vehicle Battery Housing (Cylindrical Cell) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Electric Vehicle Battery Housing (Prismatic Cell) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Electric Vehicle Battery Housing (Prismatic Cell) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Electric Vehicle Battery Housing (Steel) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Electric Vehicle Battery Housing (Steel) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Electric Vehicle Battery Housing (Aluminium) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Electric Vehicle Battery Housing (Aluminium) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Electric Vehicle Battery Housing (Glass Fiber Reinforced Plastic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Electric Vehicle Battery Housing (Glass Fiber Reinforced Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Electric Vehicle Battery Housing (Carbon Fiber Reinforced Plastic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Electric Vehicle Battery Housing (Carbon Fiber Reinforced Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Electric Vehicle Battery Housing (Passenger Cars) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Electric Vehicle Battery Housing (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Electric Vehicle Battery Housing (Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Electric Vehicle Battery Housing (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Electric Vehicle Battery Housing (Two Wheelers and Three Wheelers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Electric Vehicle Battery Housing (Two Wheelers and Three Wheelers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: North America: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: North America: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: United States: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: United States: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Canada: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Canada: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Asia-Pacific: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Asia-Pacific: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: China: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: China: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Japan: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Japan: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: India: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: India: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: South Korea: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: South Korea: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Australia: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Australia: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Indonesia: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Indonesia: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Others: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Others: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Europe: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Europe: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Germany: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Germany: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: France: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: France: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: United Kingdom: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: United Kingdom: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Italy: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Italy: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Spain: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Spain: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Russia: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Russia: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Latin America: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Latin America: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Brazil: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Brazil: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Mexico: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Mexico: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Middle East and Africa: Electric Vehicle Battery Housing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Middle East and Africa: Electric Vehicle Battery Housing Market: Breakup by Country (in %), 2022
- Figure 76: Middle East and Africa: Electric Vehicle Battery Housing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Global: Electric Vehicle Battery Housing Industry: Drivers, Restraints, and Opportunities
- Figure 78: Global: Electric Vehicle Battery Housing Industry: Value Chain Analysis
- Figure 79: Global: Electric Vehicle Battery Housing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Electric Vehicle Battery Housing Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Electric Vehicle Battery Housing Market Forecast: Breakup by Cell Format Type (in Million US$), 2023-2028
- Table 3: Global: Electric Vehicle Battery Housing Market Forecast: Breakup by Material (in Million US$), 2023-2028
- Table 4: Global: Electric Vehicle Battery Housing Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
- Table 5: Global: Electric Vehicle Battery Housing Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Electric Vehicle Battery Housing Market: Competitive Structure
- Table 7: Global: Electric Vehicle Battery Housing Market: Key Players
