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EV Storage Battery-Global Market Insights and Sales Trends 2024
Synopsis
The global EV Storage Battery market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of EV Storage Battery in various end use industries. The expanding demands from the Passenger Car and Commercial Vechicle, are propelling EV Storage Battery market. Lead-acid Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Nickel-based Battery segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for EV Storage Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global EV Storage Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global EV Storage Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, EV Storage Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of EV Storage Battery covered in this report include Panasonic, BYD, LG Chem, AESC, Mitsubishi, Samsung, Epower and Beijing Pride Power, etc.
The global EV Storage Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Panasonic
BYD
LG Chem
AESC
Mitsubishi
Samsung
Epower
Beijing Pride Power
Global EV Storage Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global EV Storage Battery market, Segment by Type:
Lead-acid Battery
Nickel-based Battery
Sodium Sulfur Battery
Lithium Battery
Others
Global EV Storage Battery market, by Application
Passenger Car
Commercial Vechicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of EV Storage Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of EV Storage Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global EV Storage Battery market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of EV Storage Battery in various end use industries. The expanding demands from the Passenger Car and Commercial Vechicle, are propelling EV Storage Battery market. Lead-acid Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Nickel-based Battery segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for EV Storage Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global EV Storage Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global EV Storage Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, EV Storage Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of EV Storage Battery covered in this report include Panasonic, BYD, LG Chem, AESC, Mitsubishi, Samsung, Epower and Beijing Pride Power, etc.
The global EV Storage Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Panasonic
BYD
LG Chem
AESC
Mitsubishi
Samsung
Epower
Beijing Pride Power
Global EV Storage Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global EV Storage Battery market, Segment by Type:
Lead-acid Battery
Nickel-based Battery
Sodium Sulfur Battery
Lithium Battery
Others
Global EV Storage Battery market, by Application
Passenger Car
Commercial Vechicle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of EV Storage Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of EV Storage Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 EV Storage Battery Market Overview
1.1 EV Storage Battery Product Overview
1.2 EV Storage Battery Market Segment by Type
1.2.1 Lead-acid Battery
1.2.2 Nickel-based Battery
1.2.3 Sodium Sulfur Battery
1.2.4 Lithium Battery
1.2.5 Others
1.3 Global EV Storage Battery Market Size by Type
1.3.1 Global EV Storage Battery Market Size Overview by Type (2018-2029)
1.3.2 Global EV Storage Battery Historic Market Size Review by Type (2018-2023)
1.3.3 Global EV Storage Battery Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America EV Storage Battery Sales Breakdown by Type (2018-2023)
1.4.2 Europe EV Storage Battery Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific EV Storage Battery Sales Breakdown by Type (2018-2023)
1.4.4 Latin America EV Storage Battery Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa EV Storage Battery Sales Breakdown by Type (2018-2023)
2 Global EV Storage Battery Market Competition by Company
2.1 Global Top Players by EV Storage Battery Sales (2018-2023)
2.2 Global Top Players by EV Storage Battery Revenue (2018-2023)
2.3 Global Top Players by EV Storage Battery Price (2018-2023)
2.4 Global Top Manufacturers EV Storage Battery Manufacturing Base Distribution, Sales Area, Product Type
2.5 EV Storage Battery Market Competitive Situation and Trends
2.5.1 EV Storage Battery Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by EV Storage Battery Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in EV Storage Battery as of 2022)
2.7 Date of Key Manufacturers Enter into EV Storage Battery Market
2.8 Key Manufacturers EV Storage Battery Product Offered
2.9 Mergers & Acquisitions, Expansion
3 EV Storage Battery Status and Outlook by Region
3.1 Global EV Storage Battery Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global EV Storage Battery Historic Market Size by Region
3.2.1 Global EV Storage Battery Sales in Volume by Region (2018-2023)
3.2.2 Global EV Storage Battery Sales in Value by Region (2018-2023)
3.2.3 Global EV Storage Battery Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global EV Storage Battery Forecasted Market Size by Region
3.3.1 Global EV Storage Battery Sales in Volume by Region (2024-2029)
3.3.2 Global EV Storage Battery Sales in Value by Region (2024-2029)
3.3.3 Global EV Storage Battery Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global EV Storage Battery by Application
4.1 EV Storage Battery Market Segment by Application
4.1.1 Passenger Car
4.1.2 Commercial Vechicle
4.2 Global EV Storage Battery Market Size by Application
4.2.1 Global EV Storage Battery Market Size Overview by Application (2018-2029)
4.2.2 Global EV Storage Battery Historic Market Size Review by Application (2018-2023)
4.2.3 Global EV Storage Battery Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America EV Storage Battery Sales Breakdown by Application (2018-2023)
4.3.2 Europe EV Storage Battery Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific EV Storage Battery Sales Breakdown by Application (2018-2023)
4.3.4 Latin America EV Storage Battery Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa EV Storage Battery Sales Breakdown by Application (2018-2023)
5 North America EV Storage Battery by Country
5.1 North America EV Storage Battery Historic Market Size by Country
5.1.1 North America EV Storage Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America EV Storage Battery Sales in Volume by Country (2018-2023)
5.1.3 North America EV Storage Battery Sales in Value by Country (2018-2023)
5.2 North America EV Storage Battery Forecasted Market Size by Country
5.2.1 North America EV Storage Battery Sales in Volume by Country (2024-2029)
5.2.2 North America EV Storage Battery Sales in Value by Country (2024-2029)
6 Europe EV Storage Battery by Country
6.1 Europe EV Storage Battery Historic Market Size by Country
6.1.1 Europe EV Storage Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe EV Storage Battery Sales in Volume by Country (2018-2023)
6.1.3 Europe EV Storage Battery Sales in Value by Country (2018-2023)
6.2 Europe EV Storage Battery Forecasted Market Size by Country
6.2.1 Europe EV Storage Battery Sales in Volume by Country (2024-2029)
6.2.2 Europe EV Storage Battery Sales in Value by Country (2024-2029)
7 Asia-Pacific EV Storage Battery by Region
7.1 Asia-Pacific EV Storage Battery Historic Market Size by Region
7.1.1 Asia-Pacific EV Storage Battery Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific EV Storage Battery Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific EV Storage Battery Sales in Value by Region (2018-2023)
7.2 Asia-Pacific EV Storage Battery Forecasted Market Size by Region
7.2.1 Asia-Pacific EV Storage Battery Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific EV Storage Battery Sales in Value by Region (2024-2029)
8 Latin America EV Storage Battery by Country
8.1 Latin America EV Storage Battery Historic Market Size by Country
8.1.1 Latin America EV Storage Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America EV Storage Battery Sales in Volume by Country (2018-2023)
8.1.3 Latin America EV Storage Battery Sales in Value by Country (2018-2023)
8.2 Latin America EV Storage Battery Forecasted Market Size by Country
8.2.1 Latin America EV Storage Battery Sales in Volume by Country (2024-2029)
8.2.2 Latin America EV Storage Battery Sales in Value by Country (2024-2029)
9 Middle East and Africa EV Storage Battery by Country
9.1 Middle East and Africa EV Storage Battery Historic Market Size by Country
9.1.1 Middle East and Africa EV Storage Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa EV Storage Battery Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa EV Storage Battery Sales in Value by Country (2018-2023)
9.2 Middle East and Africa EV Storage Battery Forecasted Market Size by Country
9.2.1 Middle East and Africa EV Storage Battery Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa EV Storage Battery Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Panasonic
10.1.1 Panasonic Company Information
10.1.2 Panasonic Introduction and Business Overview
10.1.3 Panasonic EV Storage Battery Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Panasonic EV Storage Battery Products Offered
10.1.5 Panasonic Recent Development
10.2 BYD
10.2.1 BYD Company Information
10.2.2 BYD Introduction and Business Overview
10.2.3 BYD EV Storage Battery Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BYD EV Storage Battery Products Offered
10.2.5 BYD Recent Development
10.3 LG Chem
10.3.1 LG Chem Company Information
10.3.2 LG Chem Introduction and Business Overview
10.3.3 LG Chem EV Storage Battery Sales, Revenue and Gross Margin (2018-2023)
10.3.4 LG Chem EV Storage Battery Products Offered
10.3.5 LG Chem Recent Development
10.4 AESC
10.4.1 AESC Company Information
10.4.2 AESC Introduction and Business Overview
10.4.3 AESC EV Storage Battery Sales, Revenue and Gross Margin (2018-2023)
10.4.4 AESC EV Storage Battery Products Offered
10.4.5 AESC Recent Development
10.5 Mitsubishi
10.5.1 Mitsubishi Company Information
10.5.2 Mitsubishi Introduction and Business Overview
10.5.3 Mitsubishi EV Storage Battery Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mitsubishi EV Storage Battery Products Offered
10.5.5 Mitsubishi Recent Development
10.6 Samsung
10.6.1 Samsung Company Information
10.6.2 Samsung Introduction and Business Overview
10.6.3 Samsung EV Storage Battery Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Samsung EV Storage Battery Products Offered
10.6.5 Samsung Recent Development
10.7 Epower
10.7.1 Epower Company Information
10.7.2 Epower Introduction and Business Overview
10.7.3 Epower EV Storage Battery Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Epower EV Storage Battery Products Offered
10.7.5 Epower Recent Development
10.8 Beijing Pride Power
10.8.1 Beijing Pride Power Company Information
10.8.2 Beijing Pride Power Introduction and Business Overview
10.8.3 Beijing Pride Power EV Storage Battery Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Beijing Pride Power EV Storage Battery Products Offered
10.8.5 Beijing Pride Power Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 EV Storage Battery Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 EV Storage Battery Industrial Chain Analysis
11.4 EV Storage Battery Market Dynamics
11.4.1 EV Storage Battery Industry Trends
11.4.2 EV Storage Battery Market Drivers
11.4.3 EV Storage Battery Market Challenges
11.4.4 EV Storage Battery Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 EV Storage Battery Distributors
12.3 EV Storage Battery Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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