Electric Vehicles Battery Market 2018 Global Size, Trends, Share, Competitive Analysis, Opportunities, Leading Players, And Regional Forecast To 2023

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Electric Vehicles Battery Market 2018 Global Industry Forecast to 2023 Report, is latest Global Electric Vehicles Battery Industry research report published by “Market Research Future”. Electric Vehicles Battery Market Size is poised to grow at 8.81% CAGR and reach remarkable market value by 2023 globally.

For depth analysis, Global Electric Vehicles Battery Market is segmented By Battery Type (Lithium Ion Battery, Lead Acid Battery, Nickel Hydride Battery and others), Vehicle Technology (Battery Electric Vehicles, Hybrid Electric Vehicles, Plug-in Hybrid Electric Vehicles and Others), End Market (OEMs and Aftermarket) and Region.

Global Electric Vehicles Battery Market Highlights:

The global electric vehicle battery market has experienced a remarkable growth over the past few years and it has been analyzed that the market will grow similarly during the forecast period. Market looks promising during the forecast period due to the major driving factors such surge in demand of electric vehicle worldwide, increasing fuel prices, expansion of global auto-manufacturers into new emerging markets, and government initiatives. On the other hand, emerging economies have more opportunities for electric vehicles, and will create ample scope for market growth. However, high prices of the electric vehicle and its battery, and underdeveloped aftermarket services, could hinder the market growth. The global market for electric vehicles battery is expected to be broaden in the recent years.

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Electric Vehicles Battery Key Companies Studied in this report are Automotive Energy Supply Corporation (Japan), Panasonic Corporation (Japan), BYD Company Limited (China), LG Chem Ltd (South Korea), Quallion (US), Boston-Power (US), Johnson Controls International (US), Narada Power Source (China), GS Yuasa Corporation (Japan), Tianneng Power International (China), Crown Battery Corporation (US), and Hitachi Chemical Company (Japan) .

However, the electric vehicles battery market has a long way to go, and the market growth might be restrained due to some factors. Availability of raw materials such as cobalt and lithium are crucial to the production of batteries and decrease in such materials might restrict the growth of the battery market. Depleting lithium resources pose a threat to the battery market since lithium is one of the main elements of the battery. Complexities arising out of the manufacturing process of batteries is also a possible hindrance to the market growth. The high price of batteries is a major restraining factor. Reduction in the price of batteries and recharge might provide the market the incentive that it needs to surpass the conventional car's market.

Market Segments Analysis:

For the purpose of this study, the global electric vehicles battery market has been divided on the basis of battery type, vehicle technology, end market and region.

On the basis of battery type, the market has been segmented as lithium ion battery, lead acid battery, nickel hydride battery and others. Among these components, lithium ion battery is expected to dominate the market followed by nickel hydride battery and lead acid battery.

On the basis of vehicle technology, the market has been segmented as battery electric vehicles, hybrid electric vehicles, plug-in hybrid electric vehicles and others. The battery electric vehicles is expected to lead the market followed by hybrid electric vehicles.

On the basis of end market, the market has been segmented as OEMs and aftermarket.

On the basis of Region, The key markets of the global electric vehicles battery market include North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific leads the market for electric vehicles battery owing to increased demand for electric cars and growing awareness regarding the availability of electric cars. Europe and North America follow Asia-Pacific closely. There has been a surge in demand for electric vehicles battery in Europe and Germany, UK and France are the principal contributors in the region.

Research Methodology:

Market Research Future (MRFR) employs innovative statistical algorithms for gathering impactful market insights that can drive business decisions. An in-depth analysis of constantly evolving market trends combined with a study of historical data is leveraged for providing accurate competitive intelligence. The statistical observations made in our reports are backed by data procured through extensive primary and secondary research which include interviews with stakeholders, SEC filings, whitepaper references, annual reports of key players, etc. Top-down and bottom-up approaches are employed for authenticating the credibility of the market foresight delivered. A multi-layer verification process reaffirms the market size and revenue estimation. MRFR strives to provide reliable and transparent information that helps clients in developing growth strategies.

The report gives the clear picture of current Electric Vehicles Battery market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table Of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Stud

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4.1 Introduction

4.2 Forward Collision Warning

4.3 Dynamic Brake Support

4.4 Crash Imminent Braking

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Address: Market Research Future Office No. 528,, Amanora Chambers Magarpatta Road, Pune, India.,
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