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Global Battery Pack Modules Market for EVs Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029
Synopsis
The global Battery Pack Modules Market for EVs market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Rise in demand for EVs is prompting vendors to offer battery packs at a lower cost to make EVs more affordable for consumers. The battery pack is the most expensive component of an electric vehicle, and reducing its cost is projected to boost market development in the next few years. This cost reduction can be achieved through a combination of factors, including economies of scale, improvements in battery technology, and rise in competition among battery manufacturers.
Reduction in the cost of battery packs is likely to fuel the adoption of EVs, thereby driving market progress. Battery pack prices have halved in the last 5 years, with the total cost of a battery pack standing at US$ 100/kWh. This price is projected to further reduce to US$ 70/kWh by 2025, owing to surge in adoption of EVs in emerging economies.
This report is a detailed and comprehensive analysis for global Battery Pack Modules Market for EVs market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Battery Pack Modules Market for EVs market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Battery Pack Modules Market for EVs market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Battery Pack Modules Market for EVs market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Battery Pack Modules Market for EVs market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Battery Pack Modules Market for EVs
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Battery Pack Modules Market for EVs market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cyantron Synergies Private, Freyr, Hyperdrive Innovation, SixPack Battery Technology and Steatite, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Battery Pack Modules Market for EVs market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
>20 kWh
30-60 kWh
60-80 kWh
More than 80 kWh
Market segment by Application
Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Hybrid Electric Vehicle (HEV)
Others
Major players covered
Cyantron Synergies Private
Freyr
Hyperdrive Innovation
SixPack Battery Technology
Steatite
Sunwoda Electronic
Turntide Technologies
Zhongrui Green Energy Technology (Shenzhen)
Contemporary Amperex Technology
SK Innovation
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Battery Pack Modules Market for EVs product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Battery Pack Modules Market for EVs, with price, sales, revenue and global market share of Battery Pack Modules Market for EVs from 2018 to 2023.
Chapter 3, the Battery Pack Modules Market for EVs competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Battery Pack Modules Market for EVs breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Battery Pack Modules Market for EVs market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Battery Pack Modules Market for EVs.
Chapter 14 and 15, to describe Battery Pack Modules Market for EVs sales channel, distributors, customers, research findings and conclusion.
The global Battery Pack Modules Market for EVs market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Rise in demand for EVs is prompting vendors to offer battery packs at a lower cost to make EVs more affordable for consumers. The battery pack is the most expensive component of an electric vehicle, and reducing its cost is projected to boost market development in the next few years. This cost reduction can be achieved through a combination of factors, including economies of scale, improvements in battery technology, and rise in competition among battery manufacturers.
Reduction in the cost of battery packs is likely to fuel the adoption of EVs, thereby driving market progress. Battery pack prices have halved in the last 5 years, with the total cost of a battery pack standing at US$ 100/kWh. This price is projected to further reduce to US$ 70/kWh by 2025, owing to surge in adoption of EVs in emerging economies.
This report is a detailed and comprehensive analysis for global Battery Pack Modules Market for EVs market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Battery Pack Modules Market for EVs market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Battery Pack Modules Market for EVs market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Battery Pack Modules Market for EVs market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Battery Pack Modules Market for EVs market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Battery Pack Modules Market for EVs
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Battery Pack Modules Market for EVs market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cyantron Synergies Private, Freyr, Hyperdrive Innovation, SixPack Battery Technology and Steatite, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Battery Pack Modules Market for EVs market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
>20 kWh
30-60 kWh
60-80 kWh
More than 80 kWh
Market segment by Application
Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Hybrid Electric Vehicle (HEV)
Others
Major players covered
Cyantron Synergies Private
Freyr
Hyperdrive Innovation
SixPack Battery Technology
Steatite
Sunwoda Electronic
Turntide Technologies
Zhongrui Green Energy Technology (Shenzhen)
Contemporary Amperex Technology
SK Innovation
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Battery Pack Modules Market for EVs product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Battery Pack Modules Market for EVs, with price, sales, revenue and global market share of Battery Pack Modules Market for EVs from 2018 to 2023.
Chapter 3, the Battery Pack Modules Market for EVs competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Battery Pack Modules Market for EVs breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Battery Pack Modules Market for EVs market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Battery Pack Modules Market for EVs.
Chapter 14 and 15, to describe Battery Pack Modules Market for EVs sales channel, distributors, customers, research findings and conclusion.
Index1 Market Overview
1.1 Product Overview and Scope of Battery Pack Modules Market for EVs
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Battery Pack Modules Market for EVs Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 >20 kWh
1.3.3 30-60 kWh
1.3.4 60-80 kWh
1.3.5 More than 80 kWh
1.4 Market Analysis by Application
1.4.1 Overview: Global Battery Pack Modules Market for EVs Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Battery Electric Vehicle (BEV)
1.4.3 Plug-in Hybrid Electric Vehicle (PHEV)
1.4.4 Hybrid Electric Vehicle (HEV)
1.4.5 Others
1.5 Global Battery Pack Modules Market for EVs Market Size & Forecast
1.5.1 Global Battery Pack Modules Market for EVs Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Battery Pack Modules Market for EVs Sales Quantity (2018-2029)
1.5.3 Global Battery Pack Modules Market for EVs Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Cyantron Synergies Private
2.1.1 Cyantron Synergies Private Details
2.1.2 Cyantron Synergies Private Major Business
2.1.3 Cyantron Synergies Private Battery Pack Modules Market for EVs Product and Services
2.1.4 Cyantron Synergies Private Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Cyantron Synergies Private Recent Developments/Updates
2.2 Freyr
2.2.1 Freyr Details
2.2.2 Freyr Major Business
2.2.3 Freyr Battery Pack Modules Market for EVs Product and Services
2.2.4 Freyr Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Freyr Recent Developments/Updates
2.3 Hyperdrive Innovation
2.3.1 Hyperdrive Innovation Details
2.3.2 Hyperdrive Innovation Major Business
2.3.3 Hyperdrive Innovation Battery Pack Modules Market for EVs Product and Services
2.3.4 Hyperdrive Innovation Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Hyperdrive Innovation Recent Developments/Updates
2.4 SixPack Battery Technology
2.4.1 SixPack Battery Technology Details
2.4.2 SixPack Battery Technology Major Business
2.4.3 SixPack Battery Technology Battery Pack Modules Market for EVs Product and Services
2.4.4 SixPack Battery Technology Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 SixPack Battery Technology Recent Developments/Updates
2.5 Steatite
2.5.1 Steatite Details
2.5.2 Steatite Major Business
2.5.3 Steatite Battery Pack Modules Market for EVs Product and Services
2.5.4 Steatite Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Steatite Recent Developments/Updates
2.6 Sunwoda Electronic
2.6.1 Sunwoda Electronic Details
2.6.2 Sunwoda Electronic Major Business
2.6.3 Sunwoda Electronic Battery Pack Modules Market for EVs Product and Services
2.6.4 Sunwoda Electronic Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Sunwoda Electronic Recent Developments/Updates
2.7 Turntide Technologies
2.7.1 Turntide Technologies Details
2.7.2 Turntide Technologies Major Business
2.7.3 Turntide Technologies Battery Pack Modules Market for EVs Product and Services
2.7.4 Turntide Technologies Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Turntide Technologies Recent Developments/Updates
2.8 Zhongrui Green Energy Technology (Shenzhen)
2.8.1 Zhongrui Green Energy Technology (Shenzhen) Details
2.8.2 Zhongrui Green Energy Technology (Shenzhen) Major Business
2.8.3 Zhongrui Green Energy Technology (Shenzhen) Battery Pack Modules Market for EVs Product and Services
2.8.4 Zhongrui Green Energy Technology (Shenzhen) Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Zhongrui Green Energy Technology (Shenzhen) Recent Developments/Updates
2.9 Contemporary Amperex Technology
2.9.1 Contemporary Amperex Technology Details
2.9.2 Contemporary Amperex Technology Major Business
2.9.3 Contemporary Amperex Technology Battery Pack Modules Market for EVs Product and Services
2.9.4 Contemporary Amperex Technology Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Contemporary Amperex Technology Recent Developments/Updates
2.10 SK Innovation
2.10.1 SK Innovation Details
2.10.2 SK Innovation Major Business
2.10.3 SK Innovation Battery Pack Modules Market for EVs Product and Services
2.10.4 SK Innovation Battery Pack Modules Market for EVs Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 SK Innovation Recent Developments/Updates
3 Competitive Environment: Battery Pack Modules Market for EVs by Manufacturer
3.1 Global Battery Pack Modules Market for EVs Sales Quantity by Manufacturer (2018-2023)
3.2 Global Battery Pack Modules Market for EVs Revenue by Manufacturer (2018-2023)
3.3 Global Battery Pack Modules Market for EVs Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Battery Pack Modules Market for EVs by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Battery Pack Modules Market for EVs Manufacturer Market Share in 2022
3.4.2 Top 6 Battery Pack Modules Market for EVs Manufacturer Market Share in 2022
3.5 Battery Pack Modules Market for EVs Market: Overall Company Footprint Analysis
3.5.1 Battery Pack Modules Market for EVs Market: Region Footprint
3.5.2 Battery Pack Modules Market for EVs Market: Company Product Type Footprint
3.5.3 Battery Pack Modules Market for EVs Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Battery Pack Modules Market for EVs Market Size by Region
4.1.1 Global Battery Pack Modules Market for EVs Sales Quantity by Region (2018-2029)
4.1.2 Global Battery Pack Modules Market for EVs Consumption Value by Region (2018-2029)
4.1.3 Global Battery Pack Modules Market for EVs Average Price by Region (2018-2029)
4.2 North America Battery Pack Modules Market for EVs Consumption Value (2018-2029)
4.3 Europe Battery Pack Modules Market for EVs Consumption Value (2018-2029)
4.4 Asia-Pacific Battery Pack Modules Market for EVs Consumption Value (2018-2029)
4.5 South America Battery Pack Modules Market for EVs Consumption Value (2018-2029)
4.6 Middle East and Africa Battery Pack Modules Market for EVs Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Battery Pack Modules Market for EVs Sales Quantity by Type (2018-2029)
5.2 Global Battery Pack Modules Market for EVs Consumption Value by Type (2018-2029)
5.3 Global Battery Pack Modules Market for EVs Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Battery Pack Modules Market for EVs Sales Quantity by Application (2018-2029)
6.2 Global Battery Pack Modules Market for EVs Consumption Value by Application (2018-2029)
6.3 Global Battery Pack Modules Market for EVs Average Price by Application (2018-2029)
7 North America
7.1 North America Battery Pack Modules Market for EVs Sales Quantity by Type (2018-2029)
7.2 North America Battery Pack Modules Market for EVs Sales Quantity by Application (2018-2029)
7.3 North America Battery Pack Modules Market for EVs Market Size by Country
7.3.1 North America Battery Pack Modules Market for EVs Sales Quantity by Country (2018-2029)
7.3.2 North America Battery Pack Modules Market for EVs Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Battery Pack Modules Market for EVs Sales Quantity by Type (2018-2029)
8.2 Europe Battery Pack Modules Market for EVs Sales Quantity by Application (2018-2029)
8.3 Europe Battery Pack Modules Market for EVs Market Size by Country
8.3.1 Europe Battery Pack Modules Market for EVs Sales Quantity by Country (2018-2029)
8.3.2 Europe Battery Pack Modules Market for EVs Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Battery Pack Modules Market for EVs Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Battery Pack Modules Market for EVs Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Battery Pack Modules Market for EVs Market Size by Region
9.3.1 Asia-Pacific Battery Pack Modules Market for EVs Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Battery Pack Modules Market for EVs Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Battery Pack Modules Market for EVs Sales Quantity by Type (2018-2029)
10.2 South America Battery Pack Modules Market for EVs Sales Quantity by Application (2018-2029)
10.3 South America Battery Pack Modules Market for EVs Market Size by Country
10.3.1 South America Battery Pack Modules Market for EVs Sales Quantity by Country (2018-2029)
10.3.2 South America Battery Pack Modules Market for EVs Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Battery Pack Modules Market for EVs Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Battery Pack Modules Market for EVs Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Battery Pack Modules Market for EVs Market Size by Country
11.3.1 Middle East & Africa Battery Pack Modules Market for EVs Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Battery Pack Modules Market for EVs Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Battery Pack Modules Market for EVs Market Drivers
12.2 Battery Pack Modules Market for EVs Market Restraints
12.3 Battery Pack Modules Market for EVs Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Battery Pack Modules Market for EVs and Key Manufacturers
13.2 Manufacturing Costs Percentage of Battery Pack Modules Market for EVs
13.3 Battery Pack Modules Market for EVs Production Process
13.4 Battery Pack Modules Market for EVs Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Battery Pack Modules Market for EVs Typical Distributors
14.3 Battery Pack Modules Market for EVs Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch
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