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Market Research Report

EV Battery Market by Battery Capacity (<50, 50-110, 111-200, 201-300 & >300), Battery Form (Wire, Laser), Propulsion (BEV, PHEV, PHEV, FCEV), Battery Type, Material Type, Li-ion Battery Component, Method, Vehicle Type & Region - Global Forecast to 2025

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EV Battery Market by Battery Capacity (<50, 50-110, 111-200, 201-300 & >300), Battery Form (Wire, Laser), Propulsion (BEV, PHEV, PHEV, FCEV), Battery Type, Material Type, Li-ion Battery Component, Method, Vehicle Type & Region - Global Forecast to 2025
Published: February 18, 2021 Content info: 244 Pages
Description

The global EV battery market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025. Factors such as improving battery technology, supporting government policies and regulations, and launch of new plug-in EV models will drive the EV battery market.

EV battery manufacturers have achieved innovative solutions in battery composition as well as battery design. An important focus on R&D in EV batteries is also on the reduction of volume that the battery occupies. For example, Samsung SDI modified the anode-cathode battery separator significantly to reduce the battery size. A Chinese EV battery manufacturer, CATL came up with 'blade-thin' battery cells that have a thickness of around a centimeter. The cells are stacked up to form a battery system.

Apart from reducing battery size, companies are also working on using different battery materials for improved battery performance. Companies like Toshiba, Targray, and Altairnano have adopted lithium titanate and graphite as anode and cathode materials, respectively. The materials improve battery safety and lifetime. In addition, there is a significant emphasis on the location of the battery in an EV. Unlike traditional vehicles where starter motor batteries are placed close to the engine at the front, the EV battery systems occupy a significantly large portion of the car space and are often placed at the bottom of the vehicle. Researchers are synthesizing battery systems such that they are smaller in size, have more energy density, and can be placed closer to drive wheels such that the size of the drivetrain is reduced as much as possible.

Recent developments in the electric vehicle market have led to the introduction of batteries with improved specifications. While these batteries are expected to enhance the performance and range of electric vehicles, factors such as the limited range of electric vehicles, significant charging time required, high price of EV batteries, the life of batteries, and availability of charging stations make users hesitant to opt for electric vehicles over ICE vehicles. Thus, EV battery manufacturers are focusing on overcoming these factors by developing advanced batteries with innovative fast- and rapid-charging solutions.

As of January 2021, the global EV battery market, by propulsion, is dominated by hybrid electric vehicles. Electric vehicles were initially commercialized to reduce the emissions from traditional fossil-fuel run ICE vehicles. As a result, hybrid electric vehicles still hold the largest share of the market as of 2021. However, the increasing focus on replacing conventional ICE vehicles with environment-friendly vehicles that run on pure electrical energy is expected to boost the market for BEVs exponentially, creating opportunities for EV battery makers.

"The medium & heavy trucks segment is expected to be the fastest segment in the forecast."

Medium trucks are generally used for distribution and refuse services, while heavy trucks are preferred for long haul transportation. The use of electricity as a fuel in medium & heavy trucks have encouraged several OEMs to launch electric trucks in 2021, which will eventually boost the EV battery market. For example, Navistar, which has launched its new business unit called NEXT eMobility Solutions, has plans to introduce international medium-duty electric trucks in 2021. The Tesla Semi, Tesla's electric heavy-duty truck with a range of 500 miles, is also expected to begin production in 2021. All these upcoming projects raise the production of electric vehicle batteries globally and thereby drive the EV battery market.

North America is to lead the market for medium & heavy trucks during the forecast period. The presence of OEMs like Peterbilt, Freightliner, Kenworth, and Navistar and their focus on the production of electric medium-duty trucks drive the market in this region. The demand for these trucks is expected to boost the EV battery market, due to the increasing adoption of these trucks for refuse and distribution services. In January 2020, Frito-Lay took delivery of its first Peterbilt EV medium truck model.

"Electrolyte is expected to be the largest li-ion battery component segment in the forecast period."

An electrolyte is an electrically conducted solution present in lithium-ion batteries. It acts as a medium inside the battery that allows ions to move freely between positive and negative electrodes. The electrolyte helps attain safety and high performance in lithium-ion batteries. There are many different types of compositions possible and available, yet not all of them are compatible with other battery components.

Most electrolytes in lithium-ion batteries are non-aqueous solutions. Electrolytes used for such battery type consist of lithium hexafluorophosphate (LiPF6) salts and organic carbonate solvents such as Ethylene Carbonate (EC). Electrolyte operating temperature is limited and is between -20 0C and +50 0C. When electrolytes are exposed to environments that are not within this range of temperature, they could be permanently damaged.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

  • By Company Type: Tier I - 52%, Tier II - 9%, and OEMs - 39%
  • By Designation: CXOs - 24%, Director Level - 45%, and Others - 31%
  • By Region: North America - 29%, Europe - 38%, and Asia Pacific - 33%

The EV battery market comprises major companies such as players CATL (China), Panasonic (Japan), LG Chem (South Korea), BYD (China), and Samsung SDI (South Korea).

Research Coverage:

The study covers the EV battery market size and future growth potential across different segments such as by battery type, battery capacity, battery form, method, material type, propulsion, vehicle type, li-ion battery component, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

  • The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall EV battery market and its subsegments.
  • This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
  • The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
Product Code: AT 7840

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 OBJECTIVES OF THE STUDY
  • 1.2 MARKET DEFINITION
    • 1.2.1 INCLUSIONS & EXCLUSIONS
    • TABLE 1 INCLUSIONS & EXCLUSIONS FOR EV BATTERY MARKET
  • 1.3 MARKET SCOPE
    • FIGURE 1 MARKET SEGMENTATION: EV BATTERY MARKET
    • 1.3.1 YEARS CONSIDERED FOR THE STUDY
  • 1.4 STAKEHOLDERS

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 RESEARCH DESIGN
    • FIGURE 3 RESEARCH METHODOLOGY MODEL
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 List of key secondary sources
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
    • FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION
      • 2.1.2.1 List of primary participants
  • 2.2 MARKET ESTIMATION METHODOLOGY
    • FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
  • 2.3 MARKET SIZE ESTIMATION
    • 2.3.1 BOTTOM-UP APPROACH
    • FIGURE 6 GLOBAL EV BATTERY MARKET SIZE: BOTTOM-UP APPROACH
    • 2.3.2 TOP-DOWN APPROACH
    • FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR EV BATTERY MARKET: TOP-DOWN APPROACH
    • FIGURE 8 EV BATTERY MARKET: RESEARCH DESIGN & METHODOLOGY
    • FIGURE 9 EV BATTERY MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF SAMSUNG SDI REVENUE ESTIMATION
    • 2.3.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE
  • 2.4 DATA TRIANGULATION
    • FIGURE 10 DATA TRIANGULATION
  • 2.5 FACTOR ANALYSIS
  • 2.6 RESEARCH ASSUMPTIONS
  • 2.7 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

    • FIGURE 11 EV BATTERY MARKET: MARKET DYNAMICS
    • FIGURE 12 EV BATTERY MARKET, BY REGION, 2021-2025
    • FIGURE 13 PASSENGER CARS SEGMENT ESTIMATED TO LEAD EV BATTERY MARKET FROM 2021 TO 2025
  • 3.1 COVID-19 IMPACT ON EV BATTERY MARKET, 2018-2025

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES IN THE EV BATTERY MARKET
    • FIGURE 14 INCREASING ADOPTION OF ELECTRIC VEHICLES AND GROWING GOVERNMENT INCENTIVES WILL DRIVE THE MARKET IN THE NEXT 5 YEARS
  • 4.2 EV BATTERY MARKET, BY REGION
    • FIGURE 15 ASIA PACIFIC IS ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF THE EV BATTERY MARKET IN 2021
  • 4.3 ASIA PACIFIC EV BATTERY MARKET, BY COUNTRY & VEHICLE TYPE
    • FIGURE 16 CHINA ESTIMATED TO BE THE LARGEST EV BATTERY MARKET IN ASIA PACIFIC IN 2021
  • 4.4 EV BATTERY MARKET, BY VEHICLE TYPE
    • FIGURE 17 PASSENGER CARS SEGMENT EXPECTED TO BE THE LARGEST SEGMENT FROM 2021 TO 2025
  • 4.5 EV BATTERY MARKET, BY PROPULSION
    • FIGURE 18 FCEV SEGMENT PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD (BY VOLUME)
  • 4.6 EV BATTERY MARKET, BY BATTERY FORM
    • FIGURE 19 PRISMATIC SEGMENT EXPECTED TO BE THE LARGEST SEGMENT FROM 2021 TO 2025
  • 4.7 EV BATTERY MARKET, BY METHOD
    • FIGURE 20 LASER BONDING SEGMENT IS PROJECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (BY VOLUME)
  • 4.8 EV BATTERY MARKET, BY MATERIAL
    • FIGURE 21 LITHIUM IS ESTIMATED TO BE THE LARGEST SEGMENT IN 2021
  • 4.9 EV BATTERY MARKET, BY LI-ION BATTERY COMPONENT
    • FIGURE 22 ELECTROLYTE IS ESTIMATED TO BE THE LARGEST SEGMENT IN 2021 (BY VALUE)
  • 4.10 EV BATTERY MARKET, BY BATTERY CAPACITY
    • FIGURE 23 50-110 KWH IS ESTIMATED TO BE THE LARGEST SEGMENT IN 2021
  • 4.11 EV BATTERY MARKET, BY BATTERY TYPE
    • FIGURE 24 LITHIUM-ION BATTERY TYPE IS ESTIMATED TO BE THE LARGEST SEGMENT IN 2021

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 25 EV BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.2.1 DRIVERS
      • 5.2.1.1 Increasing demand for electric vehicles
    • TABLE 2 GOVERNMENT INCENTIVES, BY COUNTRY
      • 5.2.1.2 Improvement in battery technology
    • TABLE 3 EV BATTERY IMPROVEMENTS/INNOVATION
      • 5.2.1.3 Government policies & regulations
    • TABLE 4 GOVERNMENT REGULATIONS
      • 5.2.1.4 Launch of new plug-in models by major EV manufacturers
    • TABLE 5 PARTNERSHIPS BY OEMS
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Procurement concerns related to raw materials
      • 5.2.2.2 Concerns over battery safety
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Rising electric micromobility
    • FIGURE 26 GLOBAL EV SALES, 2017-2019
      • 5.2.3.2 Introduction of the battery-as-a-service model (BaaS)
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Reduction in subsidies in major markets
    • TABLE 6 SUBSIDIES OFFERED FOR ELECTRIC VEHICLES IN CHINA
      • 5.2.4.2 Charging-related issues
    • 5.2.5 IMPACT OF MARKET DYNAMICS
    • TABLE 7 IMPACT OF MARKET DYNAMICS
  • 5.3 EV BATTERY MARKET, MARKET SCENARIOS (2021-2025)
    • FIGURE 27 EV BATTERY MARKET: FUTURE TRENDS & SCENARIOS, 2020-2025
    • 5.3.1 MOST LIKELY SCENARIO
    • TABLE 8 EV BATTERY MARKET: MOST LIKELY SCENARIO, BY REGION, 2018-2025 (USD MILLION)
    • 5.3.2 OPTIMISTIC SCENARIO
    • TABLE 9 EV BATTERY MARKET: OPTIMISTIC SCENARIO, BY REGION, 2020-2025 (USD MILLION)
    • 5.3.3 PESSIMISTIC SCENARIO
    • TABLE 10 EV BATTERY MARKET: PESSIMISTIC SCENARIO, BY REGION, 2020-2025 (USD MILLION)
  • 5.4 PORTER'S FIVE FORCES
    • FIGURE 28 PORTER'S FIVE FORCES: EV BATTERY MARKET
    • 5.4.1 THREAT OF NEW ENTRANTS
      • 5.4.1.1 Major automobile giants entering the EV market
      • 5.4.1.2 Emergence of new companies
      • 5.4.1.3 Incentives by governments throughout the world for EV battery manufacturing
      • 5.4.1.4 Strict safety regulations
    • 5.4.2 THREAT OF SUBSTITUTES
      • 5.4.2.1 Types of automobile batteries
      • 5.4.2.2 Threat of substitution of lithium-ion battery
      • 5.4.2.3 Development of new types of batteries
      • 5.4.2.4 Development of alternative clean-fuel vehicles
    • 5.4.3 BARGAINING POWER OF BUYERS
      • 5.4.3.1 Declining prices of EV batteries
      • 5.4.3.2 Increased demand for EV batteries
      • 5.4.3.3 Major buyers of EV batteries
      • 5.4.3.4 Increasing demand for micro-mobility
      • 5.4.3.5 Demand for EVs for public transportation
    • 5.4.4 BARGAINING POWER OF SUPPLIERS
      • 5.4.4.1 Change in demand of major raw materials
      • 5.4.4.2 Prices of major raw materials
      • 5.4.4.3 Emphasis on eliminating the requirement of certain raw materials
      • 5.4.4.4 Limited sources and non-uniform distribution of raw materials
    • 5.4.5 INTENSITY OF COMPETITIVE RIVALRY
      • 5.4.5.1 Currently limited number of major players
      • 5.4.5.2 Exceptional growth of certain companies
      • 5.4.5.3 Heavy R&D in battery technology
      • 5.4.5.4 Requirement of technical know-how
      • 5.4.5.5 Entry of large automakers in EV market
  • 5.5 PRICING ANALYSIS
    • FIGURE 29 PRICE OF EV BATTERY PER KWH
    • FIGURE 30 COST PER KWH OF MAJOR RAW MATERIALS USED IN EV BATTERIES
    • FIGURE 31 COST BREAKDOWN OF CELL BY MATERIALS/COMPONENTS
    • FIGURE 32 TOTAL COST OF LITHIUM-ION BATTERY CELL
  • 5.6 SUPPLY CHAIN ANALYSIS
    • FIGURE 33 EV BATTERY MARKET: SUPPLY CHAIN ANALYSIS
    • FIGURE 34 EV BATTERY MARKET: VALUE CHAIN ANALYSIS
  • 5.7 ECOSYSTEM
    • TABLE 11 TOP EV WITH BATTERY SPECIFICATION
  • 5.8 TECHNOLOGY ANALYSIS
    • 5.8.1 INTRODUCTION
    • 5.8.2 IMPROVEMENT IN BATTERY COMPOSITION
    • 5.8.3 IMPROVEMENT IN BATTERY CHARGING RATE
    • FIGURE 35 CHARGING TIME FOR CARS, BY MODEL (IN HOURS)
    • 5.8.4 BATTERY DESIGN AND LOCATION IN EV
    • 5.8.5 BATTERY RELATED SERVICES
    • 5.8.6 BATTERY OPTIMIZATION
  • 5.9 PATENT ANALYSIS
    • TABLE 12 IMPORTANT PATENT REGISTRATIONS RELATED TO EV BATTERY MARKET
  • 5.10 CASE STUDY
    • 5.10.1 TESLA CLAIMS TO REDUCE BATTERY COSTS BY INNOVATION
    • 5.10.2 INDIAN OIL CORPORATION LIMITED (IOCL) LAUNCHES BATTERY SWAPPING SERVICE
    • 5.10.3 CATL DEVELOPING NO NICKEL, NO COBALT EV BATTERY
    • 5.10.4 PANASONIC ANNOUNCES DEVELOPMENT OF SOLID-STATE BATTERY
  • 5.11 TRADE/SALES DATA
    • 5.11.1 CHINA
    • TABLE 13 ELECTRIC VEHICLE SALES (BEV AND PHEV) IN CHINA (UNITS)
    • 5.11.2 JAPAN
    • TABLE 14 ELECTRIC VEHICLE SALES (BEV AND PHEV) IN JAPAN (UNITS)
    • 5.11.3 SOUTH KOREA
    • TABLE 15 ELECTRIC VEHICLE SALES (BEV AND PHEV) IN SOUTH KOREA (UNITS)
    • 5.11.4 INDIA
    • TABLE 16 ELECTRIC VEHICLE SALES (BEV AND PHEV) IN INDIA (UNITS)
    • 5.11.5 US
    • TABLE 17 ELECTRIC VEHICLE SALES (BEV AND PHEV) IN US (UNITS)
    • 5.11.6 GERMANY
    • TABLE 18 ELECTRIC VEHICLE SALES (BEV AND PHEV) IN GERMANY (UNITS)
    • 5.11.7 UK
    • TABLE 19 ELECTRIC VEHICLE SALES (BEV AND PHEV) IN UK (UNITS)
    • 5.11.8 NORWAY
    • TABLE 20 ELECTRIC VEHICLE SALES (BEV AND PHEV) IN NORWAY (UNITS)
  • 5.12 REGULATORY OVERVIEW
    • TABLE 21 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY PERFORMANCE
    • TABLE 22 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY DURABILITY
    • TABLE 23 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY SAFETY
    • TABLE 24 REGULATIONS/VOLUNTARY PROCEDURES FOR EV BATTERY RECYCLING
  • 5.13 EV BATTERY MARKET: COVID-19 IMPACT
    • 5.13.1 IMPACT ON RAW MATERIAL SUPPLY
    • 5.13.2 IMPACT ON BATTERY PRODUCTION
    • 5.13.3 IMPACT DUE TO SLOWDOWN OF EV DEMAND

6 EV BATTERY MARKET, BY BATTERY TYPE

  • 6.1 INTRODUCTION
    • FIGURE 36 EV BATTERY MARKET, BY BATTERY TYPE, 2021 VS. 2025 (UNITS)
    • TABLE 25 EV BATTERY MARKET, BY BATTERY TYPE, 2018-2025 (UNITS)
  • 6.2 OPERATIONAL DATA
    • TABLE 26 ELECTRIC COMMERCIAL VEHICLE DATA, BY COMPANY, MODEL & BATTERY TYPE
    • FIGURE 37 US: PLUG-IN SALES, BY MODEL
    • 6.2.1 RESEARCH METHODOLOGY
    • 6.2.2 ASSUMPTIONS
    • 6.2.3 KEY PRIMARY INSIGHTS
    • FIGURE 38 KEY PRIMARY INSIGHTS
  • 6.3 LITHIUM-ION
    • 6.3.1 HIGH ENERGY DENSITY AND LONG-LIFE CYCLE DRIVE THIS SEGMENT
    • FIGURE 39 COMPARATIVE EVALUATION OF ELECTRIC VEHICLES USING LITHIUM-ION BATTERY
    • TABLE 27 LITHIUM-ION BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
  • 6.4 LEAD-ACID
    • 6.4.1 DEVELOPMENT OF ADVANCED LEAD-ACID BATTERY WILL DRIVE THE MARKET IN FUTURE
  • 6.5 NICKEL-METAL HYDRIDE
    • 6.5.1 LONG LIFE CYCLE AND HIGH TOLERANCE OF NICKEL METAL HYDRIDE BATTERIES WILL DRIVE THEIR DEMAND
  • 6.6 SOLID-STATE
    • 6.6.1 HIGH ENERGY STORAGE CAPABILITY OF SOLID-STATE BATTERIES FUEL THEIR DRIVE DEMAND
    • TABLE 28 US TRANSIT AGENCIES USING BATTERY-POWERED ELECTRIC BUSES
    • TABLE 29 SOLID-STATE MARKET, BY REGION, 2018-2025 (UNITS)
  • 6.7 OTHERS
    • TABLE 30 OTHERS: EV BATTERIES MARKET, BY REGION, 2018-2025 (UNITS)

7 EV BATTERY MARKET, BY LI-ION BATTERY COMPONENT

  • 7.1 INTRODUCTION
    • FIGURE 40 EV BATTERY MARKET, BY LI-ION BATTERY COMPONENT, 2021 VS. 2025
    • TABLE 31 EV BATTERY MARKET, BY LI-ION BATTERY COMPONENT, 2018-2025 (USD MILLION)
  • 7.2 OPERATIONAL DATA
    • TABLE 32 ELECTROLYTE SOLVENTS, BY TEMPERATURE & FLASHPOINT
    • TABLE 33 MOST COMMONLY USED LITHIUM-ION BATTERIES AND THEIR SPECIFICATIONS
    • 7.2.1 RESEARCH METHODOLOGY
    • 7.2.2 ASSUMPTIONS
    • 7.2.3 KEY PRIMARY INSIGHTS
    • FIGURE 41 KEY PRIMARY INSIGHTS
  • 7.3 NEGATIVE ELECTRODE
    • 7.3.1 HIGH PRESENCE OF NEGATIVE ELECTRODE COMPANIES WILL DRIVE THE MARKET IN ASIA PACIFIC
    • TABLE 34 NEGATIVE ELECTRODE IN EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
  • 7.4 POSITIVE ELECTRODE
    • 7.4.1 DEMAND FOR HIGH PERFORMANCE AND LONG-LIFE CYCLE CELLS WILL DRIVE THE MARKET
    • TABLE 35 POSITIVE ELECTRODE IN EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
  • 7.5 ELECTROLYTE
    • 7.5.1 SAFETY AND HIGH PERFORMANCE OF BATTERIES DRIVE THE MARKET FOR ELECTROLYTE
    • TABLE 36 ELECTROLYTE IN EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
  • 7.6 SEPARATOR
    • 7.6.1 NEED FOR SEPARATORS IN BATTERIES TO ATTAIN TEMPERATURE STABILITY WILL DRIVE THE MARKET
    • TABLE 37 SEPARATOR IN EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)

8 EV BATTERY MARKET, BY PROPULSION

  • 8.1 INTRODUCTION
    • FIGURE 42 EV BATTERY MARKET, BY PROPULSION, 2021 VS. 2025
    • TABLE 38 EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
  • 8.2 OPERATIONAL DATA
    • TABLE 39 REGION-WISE EV SALES DATA, 2016-2019, (THOUSAND UNITS)
    • TABLE 40 ELECTRIC COMMERCIAL VEHICLE DATA, BY COMPANY, MODEL & PROPULSION TYPE
    • 8.2.1 RESEARCH METHODOLOGY
    • 8.2.2 ASSUMPTIONS
    • 8.2.3 KEY PRIMARY INSIGHTS
    • FIGURE 43 KEY PRIMARY INSIGHTS
  • 8.3 BATTERY ELECTRIC VEHICLES (BEVS)
    • TABLE 41 BEV: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
  • 8.4 HYBRID ELECTRIC VEHICLES (HEVS)
    • TABLE 42 HEV: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
  • 8.5 PLUG-HYBRID ELECTRIC VEHICLES (PHEVS)
    • TABLE 43 PHEV: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
  • 8.6 FUEL CELL ELECTRIC VEHICLES (FCEVS)
    • TABLE 44 FCEV: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)

9 EV BATTERY MARKET, BY VEHICLE TYPE

  • 9.1 INTRODUCTION
    • FIGURE 44 EV BATTERY MARKET, BY VEHICLE TYPE, 2021 VS. 2025
    • TABLE 45 EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 46 EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
  • 9.2 OPERATIONAL DATA
    • TABLE 47 ELECTRIC VEHICLES, BY MODEL, VEHICLE TYPE & PROPULSION
    • 9.2.1 RESEARCH METHODOLOGY
    • 9.2.2 ASSUMPTIONS
    • 9.2.3 KEY PRIMARY INSIGHTS
    • FIGURE 45 KEY PRIMARY INSIGHTS
  • 9.3 PASSENGER CARS
    • 9.3.1 GROWING EMISSION NORMS FO PASSENGER CARS WILL BOOST THE DEMAND FOR EV BATTERIES
    • TABLE 48 EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2025 (UNITS)
    • TABLE 49 EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 50 EV BATTERY MARKET IN PASSENGER CARS, BY BATTERY CAPACITY, 2018-2025 (UNITS)
    • TABLE 51 <50 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2025 (UNITS)
    • TABLE 52 50-110 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2025 (UNITS)
    • TABLE 53 111-200 KWH: EV BATTERY MARKET IN PASSENGER CARS, BY REGION, 2018-2025 (UNITS)
  • 9.4 VANS/LIGHT TRUCKS
    • 9.4.1 INCREASING DEMAND FROM LOGISTICS SECTOR EXPECTED TO DRIVE THIS SEGMENT
    • TABLE 54 EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2025 (UNITS)
    • TABLE 55 EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 56 EV BATTERY MARKET IN VANS/LIGHT TRUCKS: BY BATTERY CAPACITY, 2018-2025 (UNITS)
    • TABLE 57 <50 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2025 (UNITS)
    • TABLE 58 50-110 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2025 (UNITS)
    • TABLE 59 111-200 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2025 (UNITS)
    • TABLE 60 201-300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2025 (UNITS)
    • TABLE 61 >300 KWH: EV BATTERY MARKET IN VANS/LIGHT TRUCKS, BY REGION, 2018-2025 (UNITS)
  • 9.5 MEDIUM & HEAVY TRUCKS
    • 9.5.1 ADOPTION OF ELECTRIC MEDIUM AND HEAVY TRUCKS FOR SHORT AND LONG RANGES TO BOOST MARKET
    • TABLE 62 EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2025 (UNITS)
    • TABLE 63 EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 64 EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY BATTERY CAPACITY, 2018-2025 (UNITS)
    • TABLE 65 50-110 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2025 (UNITS)
    • TABLE 66 111-200 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2025 (UNITS)
    • TABLE 67 201-300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2025 (UNITS)
    • TABLE 68 >300 KWH: EV BATTERY MARKET IN MEDIUM & HEAVY TRUCKS, BY REGION, 2018-2025 (UNITS)
  • 9.6 BUSES
    • 9.6.1 HIGH DEMAND FROM MAJOR OEMS IN ASIA PACIFIC WILL DRIVE THE MARKET SIGNIFICANTLY
    • TABLE 69 US TRANSIT AGENCIES PURCHASING BATTERY-POWERED ELECTRIC BUSES
    • TABLE 70 EV BATTERY MARKET IN BUSES, BY REGION, 2018-2025 (UNITS)
    • TABLE 71 EV BATTERY MARKET IN BUSES, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 72 EV BATTERY MARKET IN BUSES, BY BATTERY CAPACITY, 2018-2025 (UNITS)
    • TABLE 73 111-200 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2018-2025 (UNITS)
    • TABLE 74 201-300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2018-2025 (UNITS)
    • TABLE 75 >300 KWH: EV BATTERY MARKET IN BUSES, BY REGION, 2018-2025 (UNITS)
  • 9.7 OFF-HIGHWAY VEHICLES
    • 9.7.1 DEMAND OF HIGH POWER HEAVY-DUTY ELECTRIC TRUCKS IN AGRICULTURE AND CONSTRUCTION INDUSTRIES DRIVE THE MARKET
    • TABLE 76 EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2025 (UNITS)
    • TABLE 77 EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 78 EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY BATTERY CAPACITY, 2018-2025 (UNITS)
    • TABLE 79 <50 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2025 (UNITS)
    • TABLE 80 50-110 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2025 (UNITS)
    • TABLE 81 111-200 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2025 (UNITS)
    • TABLE 82 201-300 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
    • TABLE 83 >300 KWH: EV BATTERY MARKET IN OFF-HIGHWAY VEHICLES, BY REGION, 2018-2025 (UNITS)

10 EV BATTERY MARKET, BY BATTERY CAPACITY

  • 10.1 INTRODUCTION
    • FIGURE 46 EV BATTERY MARKET, BY BATTERY CAPACITY, 2021 VS. 2025
    • TABLE 84 EV BATTERY MARKET, BY BATTERY CAPACITY, 2018-2025 (UNITS)
    • TABLE 85 EV BATTERY MARKET, BY BATTERY CAPACITY, 2018-2025 (USD MILLION)
    • TABLE 86 ELECTRIC COMMERCIAL VEHICLE DATA, BY MODEL & BATTERY CAPACITY
    • 10.1.1 RESEARCH METHODOLOGY
    • 10.1.2 ASSUMPTIONS
    • 10.1.3 KEY PRIMARY INSIGHTS
    • FIGURE 47 KEY PRIMARY INSIGHTS
  • 10.2 <50 KWH
    • 10.2.1 COST FACTOR WILL DRIVE THE MARKET FOR BATTERY WITH <50 KWH CAPACITY
    • TABLE 87 <50 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
    • TABLE 88 <50 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 89 <50 KWH: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
  • 10.3 50-110 KWH
    • 10.3.1 INCREASED DEMAND FOR ELECTRIC VANS/LIGHT TRUCKS WILL FUEL THE MARKET FOR BATTERIES WITH CAPACITY RANGING FROM 50-110 KWH
    • TABLE 90 50-110 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
    • TABLE 91 50-110 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 92 50-110 KWH: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
  • 10.4 111-200 KWH
    • 10.4.1 DEMAND FOR ELECTRIC COMMERCIAL TRUCKS & BUSES EXPECTED TO DRIVE THIS SEGMENT
    • TABLE 93 111-200 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
    • TABLE 94 111-200 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 95 111-200 KWH: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
  • 10.5 201-300 KWH
    • 10.5.1 BUSES AND TRUCKS WITH 201-300 KWH BATTERY CAPACITY DOMINATE CHINESE PUBLIC TRANSPORT FLEET
    • TABLE 96 201-300 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
    • TABLE 97 201-300 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 98 201-300 KWH: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
  • 10.6 >300 KWH
    • 10.6.1 INCREASED DEMAND FOR HEAVY COMMERCIAL AND OFF-HIGHWAY VEHICLES DRIVE THE MARKET FOR BATTERIES WITH >300 CAPACITY
    • TABLE 99 >300 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
    • TABLE 100 >300 KWH: EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
    • TABLE 101 >300 KWH: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)

11 EV BATTERY MARKET, BY MATERIAL TYPE

  • 11.1 INTRODUCTION
    • FIGURE 48 EV BATTERY MARKET, BY MATERIAL TYPE, 2021 VS. 2025
    • TABLE 102 EV BATTERY MARKET, BY MATERIAL TYPE, 2018-2025 (USD MILLION)
  • 11.2 OPERATIONAL DATA
    • TABLE 103 TYPES OF LITHIUM-ION BATTERY CHEMISTRIES
    • 11.2.1 RESEARCH METHODOLOGY
    • 11.2.2 ASSUMPTIONS
    • 11.2.3 KEY PRIMARY INSIGHTS
    • FIGURE 49 KEY PRIMARY INSIGHTS
  • 11.3 COBALT
    • 11.3.1 RESISTANCE TOWARDS HIGH TEMPERATURE WILL DRIVE THE DEMAND FOR COBALT
    • FIGURE 50 COBALT DEPLOYMENT IN ELECTRIC VEHICLES, BY REGION
    • TABLE 104 COBALT IN EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
  • 11.4 LITHIUM
    • 11.4.1 HIGHER ENERGY DENSITY OF LITHIUM IS EXPECTED TO FUEL ITS DEMAND
    • FIGURE 51 LITHIUM DEPLOYMENT IN EVS, BY REGION
    • TABLE 105 LITHIUM IN EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
  • 11.5 NATURAL GRAPHITE
    • 11.5.1 DEMAND FOR NATURAL GRAPHITE IN HEVS AND PHEVS IS EXPECTED TO BOOST ITS MARKET
    • FIGURE 52 NATURAL GRAPHITE RESERVES
    • TABLE 106 NATURAL GRAPHITE IN EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
  • 11.6 MANGANESE
    • 11.6.1 ADVANCEMENT IN BATTERY TECHNOLOGY WILL DRIVE THE MARKET
    • FIGURE 53 MANGANESE RESERVES
    • TABLE 107 MANGANESE IN EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)

12 EV BATTERY MARKET, BY METHOD

  • 12.1 INTRODUCTION
    • FIGURE 54 EV BATTERY MARKET, BY METHOD, 2021 VS. 2025
    • TABLE 108 EV BATTERY MARKET, BY METHOD, 2018-2025 (UNITS)
  • 12.2 OPERATIONAL DATA
    • FIGURE 55 DIFFERENT BATTERY ASSEMBLY METHODS
    • 12.2.1 ASSUMPTIONS
    • 12.2.2 RESEARCH METHODOLOGY
    • 12.2.3 KEY PRIMARY INSIGHTS
    • FIGURE 56 KEY PRIMARY INSIGHTS
  • 12.3 WIRE BONDING
    • TABLE 109 WIRE BONDING: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
  • 12.4 LASER BONDING
    • TABLE 110 LASER BONDING: EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)

13 EV BATTERY MARKET, BY BATTERY FORM

  • 13.1 INTRODUCTION
    • FIGURE 57 EV BATTERY MARKET, BY BATTERY FORM, 2021 VS. 2025
    • TABLE 111 EV BATTERY MARKET, BY BATTERY FORM, 2018-2025 (UNITS)
  • 13.2 OPERATIONAL DATA
    • TABLE 112 EV BATTERY CELL CHARACTERISTICS
    • 13.2.1 ASSUMPTIONS
    • 13.2.2 RESEARCH METHODOLOGY
    • 13.2.3 KEY PRIMARY INSIGHTS
    • FIGURE 58 KEY PRIMARY INSIGHTS
  • 13.3 PRISMATIC
    • TABLE 113 PRISMATIC EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
  • 13.4 POUCH
    • TABLE 114 POUCH EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
  • 13.5 CYLINDRICAL
    • TABLE 115 CYLINDRICAL EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)

14 EV BATTERY MARKET, BY REGION

  • 14.1 INTRODUCTION
    • FIGURE 59 EV BATTERY MARKET, BY REGION, 2021 VS. 2025
    • TABLE 116 EV BATTERY MARKET, BY REGION, 2018-2025 (UNITS)
    • TABLE 117 EV BATTERY MARKET, BY REGION, 2018-2025 (USD MILLION)
  • 14.2 ASIA PACIFIC
    • FIGURE 60 ASIA PACIFIC: EV BATTERY MARKET SNAPSHOT
    • TABLE 118 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2018-2025 (UNITS)
    • TABLE 119 ASIA PACIFIC: EV BATTERY MARKET, BY COUNTRY, 2018-2025 (USD MILLION)
    • 14.2.1 CHINA
      • 14.2.1.1 Presence of global leaders drive the market in China
    • TABLE 120 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 121 CHINA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 122 CHINA: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.2.2 JAPAN
      • 14.2.2.1 Electrification of commercial vehicles expected to drive the market
    • TABLE 123 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 124 JAPAN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 125 JAPAN: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.2.3 INDIA
      • 14.2.3.1 Government subsidies to electric commercial vehicles will drive the market
    • TABLE 126 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 127 INDIA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 128 INDIA: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.2.4 SOUTH KOREA
      • 14.2.4.1 Increasing focus on electrifying public transport will boost the market
    • TABLE 129 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 130 SOUTH KOREA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 131 SOUTH KOREA: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.2.5 THAILAND
    • TABLE 132 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 133 THAILAND: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 134 THAILAND: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
  • 14.3 EUROPE
    • FIGURE 61 EUROPE: EV BATTERY MARKET SNAPSHOT
    • TABLE 135 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2018-2025 (UNITS)
    • TABLE 136 EUROPE: EV BATTERY MARKET, BY COUNTRY, 2018-2025 (USD MILLION)
    • 14.3.1 FRANCE
      • 14.3.1.1 Rise in e-logistics transport to drive the market
    • TABLE 137 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 138 FRANCE: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 139 FRANCE: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.3.2 GERMANY
      • 14.3.2.1 Presence of leading companies expected to drive the market
    • TABLE 140 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 141 GERMANY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 142 GERMANY: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.3.3 SPAIN
      • 14.3.3.1 Growing commercial vehicle production projected to drive the market
    • TABLE 143 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 144 SPAIN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 145 SPAIN: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.3.4 ITALY
      • 14.3.4.1 Growing advancement in EVs to drive the market
    • TABLE 146 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 147 ITALY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 148 ITALY: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.3.5 UK
      • 14.3.5.1 Increased demand for electric public fleets expected to drive the market
    • TABLE 149 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 150 UK: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 151 UK: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.3.6 DENMARK
      • 14.3.6.1 Favorable regulations will drive the market
    • TABLE 152 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 153 DENMARK: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 154 DENMARK: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.3.7 NORWAY
      • 14.3.7.1 Replacement of conventional vehicles with advanced EVs is expected to drive the market
    • TABLE 155 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 156 NORWAY: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 157 NORWAY: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.3.8 SWEDEN
      • 14.3.8.1 The presence of OEMs in the country will boost demand for EV battery
    • TABLE 158 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 159 SWEDEN: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 160 SWEDEN: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
  • 14.4 NORTH AMERICA
    • TABLE 161 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2018-2025 (UNITS)
    • TABLE 162 NORTH AMERICA: EV BATTERY MARKET, BY COUNTRY, 2018-2025 (USD MILLION)
    • 14.4.1 US
      • 14.4.1.1 Growing demand for electric trucks in the country will drive the market
    • TABLE 163 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 164 US: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 165 US: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.4.2 CANADA
      • 14.4.2.1 Government support to promote EVs will drive the market
    • TABLE 166 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 167 CANADA: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 168 CANADA: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)
    • 14.4.3 MEXICO
      • 14.4.3.1 Presence of OEMs will drive the market
    • TABLE 169 MEXICO: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (UNITS)
    • TABLE 170 MEXICO: EV BATTERY MARKET, BY VEHICLE TYPE, 2018-2025 (USD MILLION)
    • TABLE 171 MEXICO: EV BATTERY MARKET, BY PROPULSION, 2018-2025 (UNITS)

15 COMPETITIVE LANDSCAPE

  • 15.1 MARKET EVALUATION FRAMEWORK
    • FIGURE 62 MARKET EVALUATION FRAMEWORK
  • 15.2 OVERVIEW
    • FIGURE 63 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE EV BATTERY MARKET
  • 15.3 MARKET SHARE ANALYSIS FOR EV BATTERY MARKET
    • FIGURE 64 MARKET SHARE ANALYSIS, 2020
  • 15.4 MARKET RANKING ANALYSIS FOR EV BATTERY MARKET
    • FIGURE 65 MARKET RANKING ANALYSIS, 2020
  • 15.5 COVID-19 IMPACT ON EV BATTERY COMPANIES
    • 15.5.1 IMPACT ON RAW MATERIAL SUPPLY
    • 15.5.2 IMPACT ON BATTERY PRODUCTION
    • 15.5.3 IMPACT DUE TO EV DEMAND SLOWDOWN
  • 15.6 COMPETITIVE SCENARIO
    • 15.6.1 NEW PRODUCT DEVELOPMENTS
    • TABLE 172 NEW PRODUCT DEVELOPMENTS, 2018-2020
    • 15.6.2 JOINT VENTURES/PARTNERSHIPS/AGREEMENTS/COLLABORATIONS, 2018-2020
    • TABLE 173 JOINT VENTURES/PARTNERSHIPS/AGREEMENTS/COLLABORATIONS, 2018-2020
    • 15.6.3 MERGERS & ACQUISITIONS, 2018-2020
    • TABLE 174 MERGERS & ACQUISITIONS, 2018-2020
    • 15.6.4 EXPANSIONS, 2018-2020
    • TABLE 175 EXPANSIONS, 2018-2020
  • 15.7 COMPETITIVE LEADERSHIP MAPPING FOR EV BATTERY MARKET
    • 15.7.1 STARS
    • 15.7.2 EMERGING LEADERS
    • 15.7.3 PERVASIVE
    • 15.7.4 EMERGING COMPANIES
    • FIGURE 66 EV BATTERY MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
  • 15.8 STRENGTH OF PRODUCT PORTFOLIO
    • FIGURE 67 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN EV BATTERY MARKET
    • FIGURE 68 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN EV BATTERY MARKET
  • 15.9 STARTUP/SME EVALUATION MATRIX, 2020
    • FIGURE 69 EV BATTERY MARKET: STARTUP MATRIX, 2020
  • 15.10 WINNERS VS. TAIL-ENDERS
    • TABLE 176 WINNERS VS. TAIL-ENDERS

16 COMPANY PROFILES

  • (Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)**
  • 16.1 CATL
    • FIGURE 70 CATL: COMPANY SNAPSHOT
  • 16.2 SAMSUNG SDI
    • FIGURE 71 SAMSUNG SDI: COMPANY SNAPSHOT
  • 16.3 PANASONIC
    • FIGURE 72 PANASONIC: COMPANY SNAPSHOT
  • 16.4 LG CHEM
    • FIGURE 73 LG CHEM: COMPANY SNAPSHOT
  • 16.5 BYD COMPANY LIMITED
    • FIGURE 74 BYD COMPANY LIMITED: COMPANY SNAPSHOT
  • 16.6 VEHICLE ENERGY JAPAN CO. LTD. (UNDER HITACHI AUTOMOTIVE SYSTEMS, LTD.)
    • FIGURE 75 HITACHI: COMPANY SNAPSHOT
  • 16.7 TOSHIBA CORPORATION
    • FIGURE 76 TOSHIBA CORPORATION: COMPANY SNAPSHOT
  • 16.8 MITSUBISHI CORPORATION
    • FIGURE 77 MITSUBISHI CORPORATION: COMPANY SNAPSHOT
  • 16.9 ENVISION AESC
  • 16.10 ENERSYS
    • FIGURE 78 ENERSYS: COMPANY SNAPSHOT
  • 16.11 A123 SYSTEMS (SUBSIDIARY OF WANXIANG GROUP)
  • 16.12 SK INNOVATION CO. LTD.
    • FIGURE 79 SK INNOVATION CO. LTD.: COMPANY SNAPSHOT
  • 16.13 GS YUASA
    • FIGURE 80 GS YUASA CORPORATION: COMPANY SNAPSHOT
  • 16.14 OTHER KEY REGIONAL PLAYERS
    • 16.14.1 ASIA PACIFIC
      • 16.14.1.1 Exide industries limited
      • 16.14.1.2 Primearth EV Energy Co., Ltd.
      • 16.14.1.3 Lithium Energy Japan
      • 16.14.1.4 E-One Moli Energy Corp.
    • 16.14.2 NORTH AMERICA
      • 16.14.2.1 Targray Technology International Inc.
      • 16.14.2.2 Altair Nanotechnologies Inc.
      • 16.14.2.3 Clarios
    • 16.14.3 EUROPE
      • 16.14.3.1 Northvolt AB
      • 16.14.3.2 Leclanche SA
      • 16.14.3.3 APTIV PLC
  • *Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

17 RECOMMENDATIONS BY MARKETSANDMARKETS

  • 17.1 EV BATTERY MAKERS NEED TO KEEP UP WITH CONTINUOUS ADVANCEMENTS IN ELECTRIC VEHICLES, BATTERY TECHNOLOGIES, AND CHARGING SOLUTIONS
  • 17.2 JAPAN, KOREA, AND INDIA EMERGING AS PROMISING ALTERNATIVES TO CHINA FOR SUPPLY OF COMPONENTS
  • 17.3 CONCLUSION

18 APPENDIX

  • 18.1 KEY INSIGHTS OF INDUSTRY EXPERTS
  • 18.2 DISCUSSION GUIDE
  • 18.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 18.4 AVAILABLE CUSTOMIZATIONS
  • 18.5 RELATED REPORTS
  • 18.6 AUTHOR DETAILS
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