Electric Vehicle (EV) Battery Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$mn)

$ 65228.7

overview_2
2024 Year-over-Year Growth

17.41%

overview_3
CAGR (2024-2028)

20.2%

overview_4
Report Coverage

Global

Electric Vehicle (Ev) Battery Market Segmentation

Market Segmentation & Scope

Market Segment by Geographic Landscape

regional_img

49%

of the growth will originate

from APAC

Global Market Size 2018 - 2028 (US$ Mn)

Market is segmented by Type into Lithium-ion battery, Lead-acid battery, Others

The Lithium-ion battery is expected to be largest growing segment during 2024-2028

Largest Segment - Lithium-ion battery

US$ 128,640.60 Mn

Electric Vehicle (Ev) Battery Market by Type into Lithium-ion battery; 2018-2028 (US$ Mn)

Lithium-ion battery Market Revenue and Forecast 2018-2028 (US$ Mn)

Lithium-ion battery

  • Lithium-ion battery Market Size and Forecast 2018 to 2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market by Type into Lead-acid battery; 2018-2028 (US$ Mn)

Lead-acid battery Market Revenue and Forecast 2018-2028 (US$ Mn)

Lead-acid battery

  • Lead-acid battery Market Size and Forecast 2018 to 2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market by Type into Others; 2018-2028 (US$ Mn)

Others Market Revenue and Forecast 2018-2028 (US$ Mn)

Others

  • Others Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Vehicle Type into Battery electric vehicle, Plug-in hybrid electric vehicle, Hybrid electric vehicle

The Battery electric vehicle is expected to be largest growing segment during 2024-2028

Largest Segment - Battery electric vehicle

US$ 119,009.60 Mn

Electric Vehicle (Ev) Battery Market Size by Segmentation, by Vehicle Type (US$ Mn)

Vehicle Type 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Battery electric vehicle 20105.30 XX XX XX XX XX XX XX XX XX XX XX
Plug-in hybrid electric vehicle XX 5084.40 XX XX XX XX XX XX XX XX XX XX
Hybrid electric vehicle XX XX 1543.70 XX XX XX XX XX XX XX XX XX

Electric Vehicle (Ev) Battery Market by Vehicle Type into Battery electric vehicle; 2018-2028 (US$ Mn)

Battery electric vehicle Market Revenue and Forecast 2018-2028 (US$ Mn)

Battery electric vehicle

  • Battery electric vehicle Market Size and Forecast 2018 to 2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market by Vehicle Type into Plug-in hybrid electric vehicle; 2018-2028 (US$ Mn)

Plug-in hybrid electric vehicle Market Revenue and Forecast 2018-2028 (US$ Mn)

Plug-in hybrid electric vehicle

  • Plug-in hybrid electric vehicle Market Size and Forecast 2018 to 2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market by Vehicle Type into Hybrid electric vehicle; 2018-2028 (US$ Mn)

Hybrid electric vehicle Market Revenue and Forecast 2018-2028 (US$ Mn)

Hybrid electric vehicle

  • Hybrid electric vehicle Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Geography into APAC, Europe, North America, South America, Middle East and Africa

The APAC is estimated to contribute 49% to the growth of global market during the forecast period 2024-2028.

Largest Segment - APAC

49%

Regional share of different regions, including APAC, Europe, North America, South America

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
APAC 11692.30 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 11088.30 XX XX XX XX XX XX XX XX XX XX
North America XX XX 3461.40 XX XX XX XX XX XX XX XX XX
South America XX XX XX 1000.70 1143.90 XX XX XX XX XX XX XX
Middle East and Africa XX XX XX XX XX XX XX XX XX XX XX XX

Electric Vehicle (Ev) Battery Market Size by Geography into APAC; 2018-2028 (US$ Mn)

APAC Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market Size by Country into China; 2018-2028 (US$ Mn)

China Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market Size by Country into Japan; 2018-2028 (US$ Mn)

Japan Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market Size by Geography into Europe; 2018-2028 (US$ Mn)

Europe Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market Size by Country into Germany; 2018-2028 (US$ Mn)

Germany Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market Size by Country into Norway; 2018-2028 (US$ Mn)

Norway Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market Size by Geography into North America; 2018-2028 (US$ Mn)

North America Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market Size by Country into US; 2018-2028 (US$ Mn)

US Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market Size by Geography into South America; 2018-2028 (US$ Mn)

South America Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Battery Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Mn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Mn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
A123 Systems LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ballard Power Systems Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
BYD Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
CLARIOS LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Crown Battery Manufacturing Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cummins Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
East Penn Manufacturing Co. Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EnerSysView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Enertech International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Envision GroupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Exide Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
GS Yuasa International Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hitachi Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LG Chem Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
OptimumNano Energy Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Panasonic Holdings Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Samsung SDI Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SK Innovation Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Solid Power Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tianneng GroupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Zhejiang Narada Power Source Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Electric Vehicle (Ev) Battery Market Scope

  1. By Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Type, 2024 to 2028
      1. Lithium-ion battery
      2. Lead-acid battery
      3. Others
    4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Type, 2024 to 2028
  2. By Vehicle Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Vehicle Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Vehicle Type, 2024 to 2028
      1. Battery electric vehicle
      2. Plug-in hybrid electric vehicle
      3. Hybrid electric vehicle
    4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Vehicle Type, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
      1. APAC
      2. Europe
      3. North America
      4. South America
      5. Middle East and Africa
  4. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. Japan
    4. By Type
    5. By Vehicle Type
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
      2. Norway
    4. By Type
    5. By Vehicle Type
  6. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By Type
    5. By Vehicle Type
  7. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Vehicle Type
  8. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Vehicle Type

Major Companies

Market companies

Name Profile Employees Headquarters Website
A123 Systems LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ballard Power Systems Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
BYD Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
CLARIOS LLCView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Crown Battery Manufacturing Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Cummins Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
East Penn Manufacturing Co. Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
EnerSysView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Enertech International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Envision GroupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Exide Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
GS Yuasa International Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hitachi Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
LG Chem Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
OptimumNano Energy Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Panasonic Holdings Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Samsung SDI Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
SK Innovation Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Solid Power Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Tianneng GroupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Zhejiang Narada Power Source Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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