DUBLIN--(BUSINESS WIRE)--The "Global Electric Vehicle Battery Market (2022-2027) by Vehicle Type, Battery Type, Vehicle Class, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Electric Vehicle Battery Market is estimated to be USD 117.78 Bn in 2022 and is expected to reach USD 200.26 Bn by 2027, growing at a CAGR of 11.2%.

Market dynamics are forces that impact the prices and behaviors of the Global Electric Vehicle Battery Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentation

  • The Global Electric Vehicle Battery Market is segmented based on Vehicle Type, Battery Type, Vehicle Class, and Geography.
  • Vehicle Type, the market is classified into Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), and Hybrid Electric Vehicle (HVE).
  • Battery Type, the market is classified into Lead-acid Battery, Lithium-ion Battery, Nickel Metal Hydride Battery, and Other Battery Types.
  • Vehicle Class, the market is classified into Mid-Priced and Luxury.
  • Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of - Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of - Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA.
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Electric Vehicle Battery Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Market Dynamics

Drivers

  • Increasing Demand for Electric Vehicles
  • Supportive Regulatory Frameworks
  • Launch of New Plug in Models and Li-ion Battery Recycling

Restraints

  • Stringent Government Regulation Related to Manufacturing
  • Procurement Concerns and Fluctuating Cost Related to Raw Materials

Opportunities

  • Rising Public Charging Infrastructures
  • Research and Development to Improve Battery Technology
  • Launch of the Battery-As-A-Service Model (BaaS)

Challenges

  • Reduction in Subsidies in Major Markets
  • Limited Battery Capacity and Concerns Over Battery Safety

Companies Mentioned

  • CATL (Contemporary Amperex Technology Co. Ltd)
  • Panasonic Corporation
  • GS Yuasa International ltd.
  • Hitachi Chemical Co. Ltd.
  • LG Chem
  • BYD
  • Samsung SDI
  • AESC
  • Mitsubishi
  • Wanxiang
  • Beijing Pride Power
  • Tianneng
  • SB LiMotive.
  • Exide Industries Limited
  • SK Innovative Co. Ltd.
  • East Penn Manufacturing Company
  • Lucid Group Inc.
  • Nio Inc.
  • XPeng Inc.
  • Li Auto Inc.
  • Rivian Automotive Inc.
  • Proterra Inc.
  • General Motors Co.
  • Freeport-McMoRan Inc

For more information about this report visit https://www.researchandmarkets.com/r/qrhjgl

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