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Passenger Vehicle Batteries-Global Market Insights and Sales Trends 2024
Synopsis
Passenger vehicle powertrains are becoming increasingly diverse as vehicle technology evolves to meet fuel-efficiency and carbon-emission regulations. But these vehicles all have one thing in common: a need for durable, high-performance batteries.
The global Passenger Vehicle Batteries 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 Passenger Vehicle Batteries in various end use industries. The expanding demands from the Internal Combustion Engine Vehicles, Start Stop Vehicles and Hybrid Vehicles,, are propelling Passenger Vehicle Batteries market. Lithium-ion Based, 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 segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Passenger Vehicle Batteries market, driven by demand from China, the second largest economy with some signs of stabilising, the Passenger Vehicle Batteries market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Passenger Vehicle Batteries, 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 Passenger Vehicle Batteries 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 Passenger Vehicle Batteries market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Passenger Vehicle Batteries 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 Passenger Vehicle Batteries covered in this report include A123 Systems, BYD, East Penn Manufacturing, Enersys, Exide Technologies, GS Yuasa, Toshiba, Samsung SDI and Panasonic, etc.
The global Passenger Vehicle Batteries market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
A123 Systems
BYD
East Penn Manufacturing
Enersys
Exide Technologies
GS Yuasa
Toshiba
Samsung SDI
Panasonic
NEC
LG Chem
Johnson Controls
Hitachi
Global Passenger Vehicle Batteries 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 Passenger Vehicle Batteries market, Segment by Type:
Lithium-ion Based
Nickel-Based
Lead-acid Based
Sodium-ion Based
Global Passenger Vehicle Batteries market, by Application
Internal Combustion Engine Vehicles
Start Stop Vehicles
Hybrid Vehicles
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 Passenger Vehicle Batteries manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Passenger Vehicle Batteries 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.
Passenger vehicle powertrains are becoming increasingly diverse as vehicle technology evolves to meet fuel-efficiency and carbon-emission regulations. But these vehicles all have one thing in common: a need for durable, high-performance batteries.
The global Passenger Vehicle Batteries 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 Passenger Vehicle Batteries in various end use industries. The expanding demands from the Internal Combustion Engine Vehicles, Start Stop Vehicles and Hybrid Vehicles,, are propelling Passenger Vehicle Batteries market. Lithium-ion Based, 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 segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Passenger Vehicle Batteries market, driven by demand from China, the second largest economy with some signs of stabilising, the Passenger Vehicle Batteries market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 Passenger Vehicle Batteries, 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 Passenger Vehicle Batteries 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 Passenger Vehicle Batteries market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Passenger Vehicle Batteries 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 Passenger Vehicle Batteries covered in this report include A123 Systems, BYD, East Penn Manufacturing, Enersys, Exide Technologies, GS Yuasa, Toshiba, Samsung SDI and Panasonic, etc.
The global Passenger Vehicle Batteries market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
A123 Systems
BYD
East Penn Manufacturing
Enersys
Exide Technologies
GS Yuasa
Toshiba
Samsung SDI
Panasonic
NEC
LG Chem
Johnson Controls
Hitachi
Global Passenger Vehicle Batteries 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 Passenger Vehicle Batteries market, Segment by Type:
Lithium-ion Based
Nickel-Based
Lead-acid Based
Sodium-ion Based
Global Passenger Vehicle Batteries market, by Application
Internal Combustion Engine Vehicles
Start Stop Vehicles
Hybrid Vehicles
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 Passenger Vehicle Batteries manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Passenger Vehicle Batteries 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 Passenger Vehicle Batteries Market Overview
1.1 Passenger Vehicle Batteries Product Overview
1.2 Passenger Vehicle Batteries Market Segment by Type
1.2.1 Lithium-ion Based
1.2.2 Nickel-Based
1.2.3 Lead-acid Based
1.2.4 Sodium-ion Based
1.3 Global Passenger Vehicle Batteries Market Size by Type
1.3.1 Global Passenger Vehicle Batteries Market Size Overview by Type (2018-2029)
1.3.2 Global Passenger Vehicle Batteries Historic Market Size Review by Type (2018-2023)
1.3.3 Global Passenger Vehicle Batteries Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Passenger Vehicle Batteries Sales Breakdown by Type (2018-2023)
1.4.2 Europe Passenger Vehicle Batteries Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Passenger Vehicle Batteries Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Passenger Vehicle Batteries Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Passenger Vehicle Batteries Sales Breakdown by Type (2018-2023)
2 Global Passenger Vehicle Batteries Market Competition by Company
2.1 Global Top Players by Passenger Vehicle Batteries Sales (2018-2023)
2.2 Global Top Players by Passenger Vehicle Batteries Revenue (2018-2023)
2.3 Global Top Players by Passenger Vehicle Batteries Price (2018-2023)
2.4 Global Top Manufacturers Passenger Vehicle Batteries Manufacturing Base Distribution, Sales Area, Product Type
2.5 Passenger Vehicle Batteries Market Competitive Situation and Trends
2.5.1 Passenger Vehicle Batteries Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Passenger Vehicle Batteries 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 Passenger Vehicle Batteries as of 2022)
2.7 Date of Key Manufacturers Enter into Passenger Vehicle Batteries Market
2.8 Key Manufacturers Passenger Vehicle Batteries Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Passenger Vehicle Batteries Status and Outlook by Region
3.1 Global Passenger Vehicle Batteries Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Passenger Vehicle Batteries Historic Market Size by Region
3.2.1 Global Passenger Vehicle Batteries Sales in Volume by Region (2018-2023)
3.2.2 Global Passenger Vehicle Batteries Sales in Value by Region (2018-2023)
3.2.3 Global Passenger Vehicle Batteries Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Passenger Vehicle Batteries Forecasted Market Size by Region
3.3.1 Global Passenger Vehicle Batteries Sales in Volume by Region (2024-2029)
3.3.2 Global Passenger Vehicle Batteries Sales in Value by Region (2024-2029)
3.3.3 Global Passenger Vehicle Batteries Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Passenger Vehicle Batteries by Application
4.1 Passenger Vehicle Batteries Market Segment by Application
4.1.1 Internal Combustion Engine Vehicles
4.1.2 Start Stop Vehicles
4.1.3 Hybrid Vehicles
4.2 Global Passenger Vehicle Batteries Market Size by Application
4.2.1 Global Passenger Vehicle Batteries Market Size Overview by Application (2018-2029)
4.2.2 Global Passenger Vehicle Batteries Historic Market Size Review by Application (2018-2023)
4.2.3 Global Passenger Vehicle Batteries Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Passenger Vehicle Batteries Sales Breakdown by Application (2018-2023)
4.3.2 Europe Passenger Vehicle Batteries Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Passenger Vehicle Batteries Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Passenger Vehicle Batteries Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Passenger Vehicle Batteries Sales Breakdown by Application (2018-2023)
5 North America Passenger Vehicle Batteries by Country
5.1 North America Passenger Vehicle Batteries Historic Market Size by Country
5.1.1 North America Passenger Vehicle Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Passenger Vehicle Batteries Sales in Volume by Country (2018-2023)
5.1.3 North America Passenger Vehicle Batteries Sales in Value by Country (2018-2023)
5.2 North America Passenger Vehicle Batteries Forecasted Market Size by Country
5.2.1 North America Passenger Vehicle Batteries Sales in Volume by Country (2024-2029)
5.2.2 North America Passenger Vehicle Batteries Sales in Value by Country (2024-2029)
6 Europe Passenger Vehicle Batteries by Country
6.1 Europe Passenger Vehicle Batteries Historic Market Size by Country
6.1.1 Europe Passenger Vehicle Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Passenger Vehicle Batteries Sales in Volume by Country (2018-2023)
6.1.3 Europe Passenger Vehicle Batteries Sales in Value by Country (2018-2023)
6.2 Europe Passenger Vehicle Batteries Forecasted Market Size by Country
6.2.1 Europe Passenger Vehicle Batteries Sales in Volume by Country (2024-2029)
6.2.2 Europe Passenger Vehicle Batteries Sales in Value by Country (2024-2029)
7 Asia-Pacific Passenger Vehicle Batteries by Region
7.1 Asia-Pacific Passenger Vehicle Batteries Historic Market Size by Region
7.1.1 Asia-Pacific Passenger Vehicle Batteries Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Passenger Vehicle Batteries Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Passenger Vehicle Batteries Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Passenger Vehicle Batteries Forecasted Market Size by Region
7.2.1 Asia-Pacific Passenger Vehicle Batteries Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Passenger Vehicle Batteries Sales in Value by Region (2024-2029)
8 Latin America Passenger Vehicle Batteries by Country
8.1 Latin America Passenger Vehicle Batteries Historic Market Size by Country
8.1.1 Latin America Passenger Vehicle Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Passenger Vehicle Batteries Sales in Volume by Country (2018-2023)
8.1.3 Latin America Passenger Vehicle Batteries Sales in Value by Country (2018-2023)
8.2 Latin America Passenger Vehicle Batteries Forecasted Market Size by Country
8.2.1 Latin America Passenger Vehicle Batteries Sales in Volume by Country (2024-2029)
8.2.2 Latin America Passenger Vehicle Batteries Sales in Value by Country (2024-2029)
9 Middle East and Africa Passenger Vehicle Batteries by Country
9.1 Middle East and Africa Passenger Vehicle Batteries Historic Market Size by Country
9.1.1 Middle East and Africa Passenger Vehicle Batteries Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Passenger Vehicle Batteries Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Passenger Vehicle Batteries Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Passenger Vehicle Batteries Forecasted Market Size by Country
9.2.1 Middle East and Africa Passenger Vehicle Batteries Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Passenger Vehicle Batteries Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 A123 Systems
10.1.1 A123 Systems Company Information
10.1.2 A123 Systems Introduction and Business Overview
10.1.3 A123 Systems Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.1.4 A123 Systems Passenger Vehicle Batteries Products Offered
10.1.5 A123 Systems Recent Development
10.2 BYD
10.2.1 BYD Company Information
10.2.2 BYD Introduction and Business Overview
10.2.3 BYD Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BYD Passenger Vehicle Batteries Products Offered
10.2.5 BYD Recent Development
10.3 East Penn Manufacturing
10.3.1 East Penn Manufacturing Company Information
10.3.2 East Penn Manufacturing Introduction and Business Overview
10.3.3 East Penn Manufacturing Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.3.4 East Penn Manufacturing Passenger Vehicle Batteries Products Offered
10.3.5 East Penn Manufacturing Recent Development
10.4 Enersys
10.4.1 Enersys Company Information
10.4.2 Enersys Introduction and Business Overview
10.4.3 Enersys Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Enersys Passenger Vehicle Batteries Products Offered
10.4.5 Enersys Recent Development
10.5 Exide Technologies
10.5.1 Exide Technologies Company Information
10.5.2 Exide Technologies Introduction and Business Overview
10.5.3 Exide Technologies Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Exide Technologies Passenger Vehicle Batteries Products Offered
10.5.5 Exide Technologies Recent Development
10.6 GS Yuasa
10.6.1 GS Yuasa Company Information
10.6.2 GS Yuasa Introduction and Business Overview
10.6.3 GS Yuasa Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.6.4 GS Yuasa Passenger Vehicle Batteries Products Offered
10.6.5 GS Yuasa Recent Development
10.7 Toshiba
10.7.1 Toshiba Company Information
10.7.2 Toshiba Introduction and Business Overview
10.7.3 Toshiba Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Toshiba Passenger Vehicle Batteries Products Offered
10.7.5 Toshiba Recent Development
10.8 Samsung SDI
10.8.1 Samsung SDI Company Information
10.8.2 Samsung SDI Introduction and Business Overview
10.8.3 Samsung SDI Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Samsung SDI Passenger Vehicle Batteries Products Offered
10.8.5 Samsung SDI Recent Development
10.9 Panasonic
10.9.1 Panasonic Company Information
10.9.2 Panasonic Introduction and Business Overview
10.9.3 Panasonic Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Panasonic Passenger Vehicle Batteries Products Offered
10.9.5 Panasonic Recent Development
10.10 NEC
10.10.1 NEC Company Information
10.10.2 NEC Introduction and Business Overview
10.10.3 NEC Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.10.4 NEC Passenger Vehicle Batteries Products Offered
10.10.5 NEC Recent Development
10.11 LG Chem
10.11.1 LG Chem Company Information
10.11.2 LG Chem Introduction and Business Overview
10.11.3 LG Chem Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.11.4 LG Chem Passenger Vehicle Batteries Products Offered
10.11.5 LG Chem Recent Development
10.12 Johnson Controls
10.12.1 Johnson Controls Company Information
10.12.2 Johnson Controls Introduction and Business Overview
10.12.3 Johnson Controls Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Johnson Controls Passenger Vehicle Batteries Products Offered
10.12.5 Johnson Controls Recent Development
10.13 Hitachi
10.13.1 Hitachi Company Information
10.13.2 Hitachi Introduction and Business Overview
10.13.3 Hitachi Passenger Vehicle Batteries Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Hitachi Passenger Vehicle Batteries Products Offered
10.13.5 Hitachi Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Passenger Vehicle Batteries 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 Passenger Vehicle Batteries Industrial Chain Analysis
11.4 Passenger Vehicle Batteries Market Dynamics
11.4.1 Passenger Vehicle Batteries Industry Trends
11.4.2 Passenger Vehicle Batteries Market Drivers
11.4.3 Passenger Vehicle Batteries Market Challenges
11.4.4 Passenger Vehicle Batteries Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Passenger Vehicle Batteries Distributors
12.3 Passenger Vehicle Batteries 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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