Global Electric Vehicle Battery (EVB) Market 2018-2025 | 19.

04% CAGR Projection

Over the Next Five Year | Mitsubishi Electric Corporation, Samsung Electronics Co. Ltd.,
Johnson Controls International Plc, Toshiba Corporation, Automotive Energy Supply
Corporation, LG CHEM Ltd., and BYD Company ltd, Ltd

Market Overview :
According to a new market report published by BlueWeave Consulting, the global electric
vehicle battery market was valued at US$ 20.23 Bn in 2017 and is expected to expand at a
CAGR of 19.04% from 2018 to 2025, reaching US$ 92.65 Bn by the end of the forecast period.
According to the report, Asia Pacific was the largest contributor in terms of revenue to the
global electric vehicle battery market in 2017.
Increasing demand for environment friendly vehicles is driving the Electric Vehicle Market
which will consecutively propel the EV Battery Market.
Electric vehicles provide great potential to radically reduce local air pollution, greenhouse gas
emissions, resulting climate change impacts, and oil use from the transport sector. With the steady
decrease in the price of electric vehicles, the transition seems to become more feasible. This
potential is facilitated and made compelling by the ubiquity of electricity and the emerging availability
of low-carbon, renewable energy sources. Electric Vehicles need rechargeable batteries to run for
sustainable time. Electric Vehicle batteries are generally different from SLI (starting, lighting, and
ignition) batteries since they are designed to provide power over sustainable period of
time. Diseases caused by air and water pollution are epidemic among minorities. Environmental
pollution cause more than three times death than malaria, tuberculosis, and AIDs, countries such as
Indian and China records the maximum death caused by environmental pollution.
Pollution causes 7% of the medical expenses among middle income group people across the world,
in addition, according to World Bank air pollution cost in India was approximately 8% of its GDP or
USD 560 billion in 2013. Increasing number of deaths in India and China are encouraging
government and non-government organization to spread awareness regarding environment pollution
and its heath impacts. Due to which several governments’ regulations, particularly pollution prone
countries have initiated supportive policies and programs to produce and adopt electric vehicles,
which is surging the demand for global electric vehicles battery market over the forecast span.
Global Electric Vehicle Battery Market: Scope of the Report
The Global Electric Vehicle Battery market is segmented on the basis of battery type, vehicle
technology, and vehicle type. On the basis of battery type, the market is segmented into Lithium-ion
Battery, Lead Acid Battery, Nickel Metal Hybrid Battery, and Others. Lithium-ion Battery was the
largest segment in the Global Electric Vehicle Battery market in 2017 and is estimated to witness the
highest growth during 2018-2025. On the vehicle technology basis, the market is segmented into
BEV, PHEV, and HEV. BEV accounted for the largest segment in the Global Electric Vehicle Battery
market in 2017. On the basis of vehicle type, the market is segmented into Commercial Vehicle,
Passenger Car and Two Wheeler. On the basis of region, the market is segmented into five parts
namely North America, Asia Pacific, Europe, Latin America, Middle East & Africa. Asia Pacific was
the largest region in the global electric vehicle battery market in 2017 with a market share of 70.4%
and it is estimated to grow over a CAGR of over 19.26% during 2018-2025.
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Global Electric Vehicle Battery Market: Competitive Dynamics
Companies, such as Panasonic Corporation, Mitsubishi Electric Corporation, Samsung Electronics
Co. Ltd., Johnson Controls International Plc, Toshiba Corporation, Automotive Energy Supply
Corporation, LG CHEM Ltd., and BYD Company ltd, Ltd. are the key players in manufacturing
electric vehicle battery globally. In terms of product offerings, Panasonic Corporation and BYD
Company Ltd are the major players in the market, providing electric vehicle battery.
Market Segmentation: Global Electric Vehicle Battery Market By Battery Type

 Lithium-ion Battery
 Lead Acid Battery
 Nickel Metal Hybrid Battery

 Others

By Vehicle Technology

 BEV
 PHEV
 HEV

By Vehicle Type

 Commercial Vehicle
 Passenger Car
 Two Wheeler

In addition, the report provides analysis of the Global Electric Vehicle Battery market with
respect to the following geographic segments:
North America

 U.S.
 Canada
 Rest of North America

Asia Pacific

 China
 Japan
 India
 South Korea
 Others

Europe

 Norway
 Switzerland
 Sweden
 Netherlands
 France
 UK
 Austria
  Belgium
 Germany
 Italy
 Others

Latin America

 Argentina
 Brazil
 Mexico
 Rest of Latin America

Middle East & Africa

 U.A.E
 Saudi Arabia
 South Africa

Access Detailed Research methodology of this Research Report@

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1. Research Frame work

1.1. Market Definition and Scope

1.2. Market segmentation

2. Research methodology
3. Executive summary
4. Electric Vehicle Battery Industry Insights
4.1. Industry Value Chain analysis

4.1.1. Vendor Matrix

4.2. Raw material analysis

4.2.1. Nickel

4.2.2. Manganese

4.2.3. Cobalt

4.2.4. Graphite

4.3. Pricing Analysis

4.4. Analogy of electric vehicle batteries

 4.5. Industry impact and forces

4.5.1. Growth drivers

4.5.1.1. Increasing demand for environment friendly vehicles

4.5.1.2. Rising concerns regarding depleting oil and gas resources

4.5.1.3. Government endowments towards EV batteries and rising fuel prices

4.5.2. Industry challenges

4.5.2.1. Performance of batteries at extreme weather conditions and space

constrain

4.5.2.2. Charging time and cost challenge

4.6. Technological Landscape

4.7. Cost Structure Analysis

4.8. Regulatory Framework

4.9. Company market share analysis,2017

4.10. Growth potential analysis,2017

4.11. Strategic Outlook

4.12. Porter’s analysis

4.13. PESTEL analysis

5. Global Electric Vehicle Battery Market Overview

5.1. Market size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Battery Type

5.2.2. By Vehicle Technology

5.2.3. By Vehicle Type

5.2.4. By Region

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