DUBLIN, July 17, 2020 /PRNewswire/ -- The "Electric Vehicle Batteries Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global electric vehicle batteries market.
The global electric vehicles batteries market is expected to decline from $23.17 billion in 2019 to $22.24 billion in 2020 at a compound annual growth rate (CAGR) of -6.17%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $35.36 billion in 2023 at CAGR of 16.71%.
This report focuses on electric vehicle batteries market which is experiencing strong growth. The report gives a guide to the electric vehicle batteries market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.
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Where is the largest and fastest growing market for the electric vehicle batteries? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Electric Vehicle Batteries global market report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider electric vehicle batteries market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
- The electric vehicle batteries market section of the report gives context. It compares the electric vehicle batteries market with other segments of the electric vehicle batteries market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, electric vehicle batteries indicators comparison.
The electric vehicles batteries market consists of sales of electric vehicles batteries. Electric vehicles batteries are used to power the electronic vehicles and are rechargeable in nature. These batteries support the clean energy initiative as they don't emit any harmful gases which causes damage to the environment.
Asia Pacific was the largest market in the electric vehicles batteries market in 2019.
The charging of Electric vehicle batteries using Vehicle to grid technology is expected to gain traction in EV batteries Market. Vehicle to grid technology is a Bi-directional charging system technology in which plug-in electric vehicles like battery electric vehicles (BEV), plug-in hybrids (PHEV) or hydrogen fuel cell electric vehicles (FCEV) batteries' can communicate with the power grid for either returning electricity to the grid, to homes during the peak times or increase their charging rate to discharge and charge the battery accordingly. The new vehicle released by the Nissan along with ENEL X the Nissan leaf in October 2017 in Japan for the model year 2018 uses Vehicle to grid Technology which can be used to power the home during times of need or push back energy to the grid that is to sell the electricity to the gird. Thus, Vehicle to grid technology is anticipated to be a major trend in the electric battery market.
The EV batteries market covered in this report is segmented by battery type into lithium-ion, lead-acid, nickel-metal hydride, sodium-ion, others and by vehicle type into passenger vehicles, commercial vehicles.
The extraction of raw materials like lithium cobalt used in the electric vehicle battery has a harmful effect on the environment and governments impose restriction on mining the raw materials, hindering the growth of the market. The extraction process of one ton of lithium requires 50,000 gallons of water. Lithium mining has resulted in consumption of 65% water of the Salar de Atacama region, Chile, which has led to water shortages in Chile, South America along with severe toxic spills. As the demand upsurges, the mining activity also rises with increasing damage to the environment and will force the governments to enforce stringent regulation to curb the negative effects which would increase the production cost. Therefore, the harmful effect of electric vehicle batteries on the environment is expected to be a hindrance to the electric vehicle battery market over the coming years.
Key Topics Covered:
1. Executive Summary
2. Electric Vehicle Batteries Market Characteristics
3. Electric Vehicle Batteries Market Size And Growth
3.1. Global Electric Vehicle Batteries Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Electric Vehicle Batteries Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Electric Vehicle Batteries Market Segmentation
4.1. Global Electric Vehicle Batteries Market, Segmentation By Battery Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.2. Global Electric Vehicle Batteries Market, Segmentation By Vehicle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Electric Vehicle Batteries Market Regional And Country Analysis
5.1. Global Electric Vehicle Batteries Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Electric Vehicle Batteries Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Electric Vehicle Batteries Market
7. China Electric Vehicle Batteries Market
8. India Electric Vehicle Batteries Market
9. Japan Electric Vehicle Batteries Market
10. Australia Electric Vehicle Batteries Market
11. Indonesia Electric Vehicle Batteries Market
12. South Korea Electric Vehicle Batteries Market
13. Western Europe Electric Vehicle Batteries Market
14. UK Electric Vehicle Batteries Market
15. Germany Electric Vehicle Batteries Market
16. France Electric Vehicle Batteries Market
17. Eastern Europe Electric Vehicle Batteries Market
18. Russia Electric Vehicle Batteries Market
19. North America Electric Vehicle Batteries Market
20. USA Electric Vehicle Batteries Market
21. South America Electric Vehicle Batteries Market
22. Brazil Electric Vehicle Batteries Market
23. Middle East Electric Vehicle Batteries Market
24. Africa Electric Vehicle Batteries Market
25. Electric Vehicle Batteries Market Competitive Landscape And Company Profiles
25.1. Electric Vehicle Batteries Market Competitive Landscape
25.2. Electric Vehicle Batteries Market Company Profiles
25.2.1. Panasonic Corporation
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Mitsubishi Motors Corporation
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Beijing Pride New Energy Battery Technology Co., Ltd
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Automotive Energy Supply Corporation
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. BYD Company Ltd
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The Electric Vehicle Batteries Market
27. Electric Vehicle Batteries Market Trends And Strategies
28. Electric Vehicle Batteries Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright And Disclaimer
Companies Mentioned
- Panasonic Corporation
- Mitsubishi Motors Corporation
- Beijing Pride New Energy Battery Technology Co., Ltd
- Automotive Energy Supply Corporation
- BYD Company Ltd
- Daimler AG
- Robert Bosch GmbH
- SAMSUNG SDI CO
- Tianneng Power International Co., Ltd
- Johnson Controls
- GS Yuasa International Ltd
- Hitachi, Ltd
- CATL
For more information about this report visit https://www.researchandmarkets.com/r/jlihf4
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