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Global CTP Battery Tray Market Research Report 2024
Synopsis
Before the emergence of power electricity in CTP technology, the manufacture of battery packs was divided into three steps of "Cell-Module-Pack". The cells were assembled into modules and then packed into battery packs. The existence of modules is to improve the efficiency of packaging cells into battery packs and facilitate maintenance. However, with the increase in the amount of electricity carried by automobiles, the number of standardized batteries is also increasing, and the number of modules is also increasing. This increases the number of components, resulting in an increase in weight and cost and a decrease in space utilization.
CTP technology reduces the burden on the battery pack by reducing or even giving up the use of modules. The full name of CTP is "Cell to Pack", which skips the standard module link and directly integrates the battery cells on the battery pack, which effectively improves the space utilization and energy density of the battery pack.
CTP battery trays present a trend of replacing traditional trays. Compared with traditional trays, CTP technology can reduce the manufacturing cost of power batteries. At present, the penetration rate of CTP trays is about 10-15%. The main adopters of CTP technology are BYD and CATL. It is expected that the follow-up will develop rapidly and is expected to occupy the market. In terms of value, CTP battery trays are about 100% higher than traditional trays.
The global CTP Battery Tray market was valued at US$ 813 million in 2023 and is anticipated to reach US$ 10200 million by 2030, witnessing a CAGR of 41.8% during the forecast period 2024-2030.
The key manufacturers of CTP Battery Tray are concentrated in China, include Guangdong Hoshion Aluminium Co.,Ltd, Huada Automotive Technology, Minth Group, Huayu Automotive Systems, Ling Yun Industrial Corp Ltd, and Lucky Harvest, etc.
Guangdong Hoshion Aluminium Co.,Ltd. and Huada Automotive Technology each hold about 30% of the market share.
China is the world's largest market, with about 97% of the market. It is expected that the market in North America, Europe and other regions will further expand in the future, while China will maintain the largest market share.
In terms of products, CTP battery tray is mainly divided into aluminum battery tray and steel battery tray. At present, the market is mainly made of aluminum battery tray, and steel battery tray is expected to be further developed.
In terms of application, pure electric vehicle and hybrid electric vehicles are the main downstream markets. Pure electric vehicle account for about 80%. It is expected that the application of the product in the hybrid electric vehicle industry will increase and gradually reach the level of pure electric vehicle.
This report aims to provide a comprehensive presentation of the global market for CTP Battery Tray, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CTP Battery Tray.
Report Scope
The CTP Battery Tray market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global CTP Battery Tray market comprehensively. Regional market sizes, concerning products by Materials, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the CTP Battery Tray manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Materials, by Application, and by regions.
Market Segmentation
By Company
Guangdong Hoshion Aluminium Co.,Ltd
Huada Automotive Technology
Minth Group
Huayu Automotive Systems
Ling Yun Industrial Corp Ltd
Lucky Harvest
Segment by Materials
Aluminum Battery Trays
Steel Battery Trays
Segment by Application
Pure Electric Vehicle
Hybrid Vehicle
Production by Region
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Materials, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of CTP Battery Tray manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of CTP Battery Tray by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of CTP Battery Tray in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Materials, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Before the emergence of power electricity in CTP technology, the manufacture of battery packs was divided into three steps of "Cell-Module-Pack". The cells were assembled into modules and then packed into battery packs. The existence of modules is to improve the efficiency of packaging cells into battery packs and facilitate maintenance. However, with the increase in the amount of electricity carried by automobiles, the number of standardized batteries is also increasing, and the number of modules is also increasing. This increases the number of components, resulting in an increase in weight and cost and a decrease in space utilization.
CTP technology reduces the burden on the battery pack by reducing or even giving up the use of modules. The full name of CTP is "Cell to Pack", which skips the standard module link and directly integrates the battery cells on the battery pack, which effectively improves the space utilization and energy density of the battery pack.
CTP battery trays present a trend of replacing traditional trays. Compared with traditional trays, CTP technology can reduce the manufacturing cost of power batteries. At present, the penetration rate of CTP trays is about 10-15%. The main adopters of CTP technology are BYD and CATL. It is expected that the follow-up will develop rapidly and is expected to occupy the market. In terms of value, CTP battery trays are about 100% higher than traditional trays.
The global CTP Battery Tray market was valued at US$ 813 million in 2023 and is anticipated to reach US$ 10200 million by 2030, witnessing a CAGR of 41.8% during the forecast period 2024-2030.
The key manufacturers of CTP Battery Tray are concentrated in China, include Guangdong Hoshion Aluminium Co.,Ltd, Huada Automotive Technology, Minth Group, Huayu Automotive Systems, Ling Yun Industrial Corp Ltd, and Lucky Harvest, etc.
Guangdong Hoshion Aluminium Co.,Ltd. and Huada Automotive Technology each hold about 30% of the market share.
China is the world's largest market, with about 97% of the market. It is expected that the market in North America, Europe and other regions will further expand in the future, while China will maintain the largest market share.
In terms of products, CTP battery tray is mainly divided into aluminum battery tray and steel battery tray. At present, the market is mainly made of aluminum battery tray, and steel battery tray is expected to be further developed.
In terms of application, pure electric vehicle and hybrid electric vehicles are the main downstream markets. Pure electric vehicle account for about 80%. It is expected that the application of the product in the hybrid electric vehicle industry will increase and gradually reach the level of pure electric vehicle.
This report aims to provide a comprehensive presentation of the global market for CTP Battery Tray, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CTP Battery Tray.
Report Scope
The CTP Battery Tray market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global CTP Battery Tray market comprehensively. Regional market sizes, concerning products by Materials, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the CTP Battery Tray manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Materials, by Application, and by regions.
Market Segmentation
By Company
Guangdong Hoshion Aluminium Co.,Ltd
Huada Automotive Technology
Minth Group
Huayu Automotive Systems
Ling Yun Industrial Corp Ltd
Lucky Harvest
Segment by Materials
Aluminum Battery Trays
Steel Battery Trays
Segment by Application
Pure Electric Vehicle
Hybrid Vehicle
Production by Region
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Materials, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of CTP Battery Tray manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of CTP Battery Tray by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of CTP Battery Tray in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Materials, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 CTP Battery Tray Market Overview
1.1 Product Definition
1.2 CTP Battery Tray Segment by Materials
1.2.1 Global CTP Battery Tray Market Value Growth Rate Analysis by Materials 2023 VS 2030
1.2.2 Aluminum Battery Trays
1.2.3 Steel Battery Trays
1.3 CTP Battery Tray Segment by Application
1.3.1 Global CTP Battery Tray Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Pure Electric Vehicle
1.3.3 Hybrid Vehicle
1.4 Global Market Growth Prospects
1.4.1 Global CTP Battery Tray Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global CTP Battery Tray Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global CTP Battery Tray Production Estimates and Forecasts (2019-2030)
1.4.4 Global CTP Battery Tray Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global CTP Battery Tray Production Market Share by Manufacturers (2019-2024)
2.2 Global CTP Battery Tray Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of CTP Battery Tray, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global CTP Battery Tray Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global CTP Battery Tray Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of CTP Battery Tray, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of CTP Battery Tray, Product Offered and Application
2.8 Global Key Manufacturers of CTP Battery Tray, Date of Enter into This Industry
2.9 CTP Battery Tray Market Competitive Situation and Trends
2.9.1 CTP Battery Tray Market Concentration Rate
2.9.2 Global 5 and 10 Largest CTP Battery Tray Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 CTP Battery Tray Production by Region
3.1 Global CTP Battery Tray Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global CTP Battery Tray Production Value by Region (2019-2030)
3.2.1 Global CTP Battery Tray Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of CTP Battery Tray by Region (2025-2030)
3.3 Global CTP Battery Tray Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global CTP Battery Tray Production by Region (2019-2030)
3.4.1 Global CTP Battery Tray Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of CTP Battery Tray by Region (2025-2030)
3.5 Global CTP Battery Tray Market Price Analysis by Region (2019-2024)
3.6 Global CTP Battery Tray Production and Value, Year-over-Year Growth
3.6.1 China CTP Battery Tray Production Value Estimates and Forecasts (2019-2030)
4 CTP Battery Tray Consumption by Region
4.1 Global CTP Battery Tray Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global CTP Battery Tray Consumption by Region (2019-2030)
4.2.1 Global CTP Battery Tray Consumption by Region (2019-2024)
4.2.2 Global CTP Battery Tray Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America CTP Battery Tray Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America CTP Battery Tray Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe CTP Battery Tray Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe CTP Battery Tray Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific CTP Battery Tray Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific CTP Battery Tray Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa CTP Battery Tray Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa CTP Battery Tray Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Materials
5.1 Global CTP Battery Tray Production by Materials (2019-2030)
5.1.1 Global CTP Battery Tray Production by Materials (2019-2024)
5.1.2 Global CTP Battery Tray Production by Materials (2025-2030)
5.1.3 Global CTP Battery Tray Production Market Share by Materials (2019-2030)
5.2 Global CTP Battery Tray Production Value by Materials (2019-2030)
5.2.1 Global CTP Battery Tray Production Value by Materials (2019-2024)
5.2.2 Global CTP Battery Tray Production Value by Materials (2025-2030)
5.2.3 Global CTP Battery Tray Production Value Market Share by Materials (2019-2030)
5.3 Global CTP Battery Tray Price by Materials (2019-2030)
6 Segment by Application
6.1 Global CTP Battery Tray Production by Application (2019-2030)
6.1.1 Global CTP Battery Tray Production by Application (2019-2024)
6.1.2 Global CTP Battery Tray Production by Application (2025-2030)
6.1.3 Global CTP Battery Tray Production Market Share by Application (2019-2030)
6.2 Global CTP Battery Tray Production Value by Application (2019-2030)
6.2.1 Global CTP Battery Tray Production Value by Application (2019-2024)
6.2.2 Global CTP Battery Tray Production Value by Application (2025-2030)
6.2.3 Global CTP Battery Tray Production Value Market Share by Application (2019-2030)
6.3 Global CTP Battery Tray Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Guangdong Hoshion Aluminium Co.,Ltd
7.1.1 Guangdong Hoshion Aluminium Co.,Ltd CTP Battery Tray Corporation Information
7.1.2 Guangdong Hoshion Aluminium Co.,Ltd CTP Battery Tray Product Portfolio
7.1.3 Guangdong Hoshion Aluminium Co.,Ltd CTP Battery Tray Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Guangdong Hoshion Aluminium Co.,Ltd Main Business and Markets Served
7.1.5 Guangdong Hoshion Aluminium Co.,Ltd Recent Developments/Updates
7.2 Huada Automotive Technology
7.2.1 Huada Automotive Technology CTP Battery Tray Corporation Information
7.2.2 Huada Automotive Technology CTP Battery Tray Product Portfolio
7.2.3 Huada Automotive Technology CTP Battery Tray Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Huada Automotive Technology Main Business and Markets Served
7.2.5 Huada Automotive Technology Recent Developments/Updates
7.3 Minth Group
7.3.1 Minth Group CTP Battery Tray Corporation Information
7.3.2 Minth Group CTP Battery Tray Product Portfolio
7.3.3 Minth Group CTP Battery Tray Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Minth Group Main Business and Markets Served
7.3.5 Minth Group Recent Developments/Updates
7.4 Huayu Automotive Systems
7.4.1 Huayu Automotive Systems CTP Battery Tray Corporation Information
7.4.2 Huayu Automotive Systems CTP Battery Tray Product Portfolio
7.4.3 Huayu Automotive Systems CTP Battery Tray Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Huayu Automotive Systems Main Business and Markets Served
7.4.5 Huayu Automotive Systems Recent Developments/Updates
7.5 Ling Yun Industrial Corp Ltd
7.5.1 Ling Yun Industrial Corp Ltd CTP Battery Tray Corporation Information
7.5.2 Ling Yun Industrial Corp Ltd CTP Battery Tray Product Portfolio
7.5.3 Ling Yun Industrial Corp Ltd CTP Battery Tray Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Ling Yun Industrial Corp Ltd Main Business and Markets Served
7.5.5 Ling Yun Industrial Corp Ltd Recent Developments/Updates
7.6 Lucky Harvest
7.6.1 Lucky Harvest CTP Battery Tray Corporation Information
7.6.2 Lucky Harvest CTP Battery Tray Product Portfolio
7.6.3 Lucky Harvest CTP Battery Tray Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Lucky Harvest Main Business and Markets Served
7.6.5 Lucky Harvest Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 CTP Battery Tray Industry Chain Analysis
8.2 CTP Battery Tray Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 CTP Battery Tray Production Mode & Process
8.4 CTP Battery Tray Sales and Marketing
8.4.1 CTP Battery Tray Sales Channels
8.4.2 CTP Battery Tray Distributors
8.5 CTP Battery Tray Customers
9 CTP Battery Tray Market Dynamics
9.1 CTP Battery Tray Industry Trends
9.2 CTP Battery Tray Market Drivers
9.3 CTP Battery Tray Market Challenges
9.4 CTP Battery Tray Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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