The global electric vehicle battery cell market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and the need for high-performance batteries. The increasing demand for electric vehicles is due to their low emission levels and reduced fuel consumption, which are beneficial for both consumers and governments. In addition, governments across the globe are providing subsidies on purchase of electric vehicles as well as charging infrastructure installation costs in order to promote adoption of these vehicles. The North American region accounted for a share of over 40% in 2017 owing to its large number of EV manufacturers such as Tesla Inc, General Motors Company, Ford Motor Company, Nissan Motor Co., Ltd, Toyota Motor Corporation, Volkswagen AG Group SE (Audi), BMW AG Group (BMW), Daimler AG Group (Mercedes-Benz) among others. This region is also witnessing an increase in investments by automakers into EV manufacturing facilities owing to favorable government policies such as tax credits on purchase or lease of EVs and exemptions from certain state taxes on EVs that have been introduced by various states across North America including California, Oregon, Washington State among others.
- The increasing demand for electric vehicles is one of the major factors driving the growth of this market.
- The increasing number of government initiatives and subsidies for electric vehicles are also driving the growth of this market.
- Increasing awareness about environmental issues and rising concerns about climate change are also driving the growth of this market, as they encourage people to switch to more environment-friendly modes of transportation such as electric vehicles, which in turn increases demand for battery cells used in these vehicles.
- Increasing investments by governments and private companies in research and development activities related to battery cells are also contributing towards the growth of this market.
Industry Growth Insights published a new data on “Electric Vehicle Battery Cell Market”. The research report is titled “Electric Vehicle Battery Cell Market research by Types (NCM/NCA, LFP, LCO, LMO, Others), By Applications (HEV, BEV), By Players/Companies BYD, Panasonic, CATL, OptimumNano, LG Chem, GuoXuan, Lishen, PEVE, AESC, Samsung, Lithium Energy Japan, Beijing Pride Power, BAK Battery, WanXiang, Hitachi, ACCUmotive, Boston Power”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle Battery Cell Market Research Report
By Type
NCM/NCA, LFP, LCO, LMO, Others
By Application
HEV, BEV
By Companies
BYD, Panasonic, CATL, OptimumNano, LG Chem, GuoXuan, Lishen, PEVE, AESC, Samsung, Lithium Energy Japan, Beijing Pride Power, BAK Battery, WanXiang, Hitachi, ACCUmotive, Boston Power
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle Battery Cell Market Report Segments:
The global Electric Vehicle Battery Cell market is segmented on the basis of:
Types
NCM/NCA, LFP, LCO, LMO, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
HEV, BEV
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BYD
- Panasonic
- CATL
- OptimumNano
- LG Chem
- GuoXuan
- Lishen
- PEVE
- AESC
- Samsung
- Lithium Energy Japan
- Beijing Pride Power
- BAK Battery
- WanXiang
- Hitachi
- ACCUmotive
- Boston Power
Highlights of The Electric Vehicle Battery Cell Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NCM/NCA
- LFP
- LCO
- LMO
- Others
- By Application:
- HEV
- BEV
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Vehicle Battery Cell Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A battery cell is the basic component of an electric vehicle battery. It contains a number of cells that are connected together to create a pack.
Some of the major companies in the electric vehicle battery cell market are BYD, Panasonic, CATL, OptimumNano, LG Chem, GuoXuan, Lishen, PEVE, AESC, Samsung, Lithium Energy Japan, Beijing Pride Power, BAK Battery, WanXiang, Hitachi, ACCUmotive, Boston Power.
The electric vehicle battery cell market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Vehicle Battery Cell Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Vehicle Battery Cell Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Vehicle Battery Cell Market - Supply Chain
4.5. Global Electric Vehicle Battery Cell Market Forecast
4.5.1. Electric Vehicle Battery Cell Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Vehicle Battery Cell Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Vehicle Battery Cell Market Absolute $ Opportunity
5. Global Electric Vehicle Battery Cell Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Vehicle Battery Cell Market Size and Volume Forecast by Type
5.3.1. NCM/NCA
5.3.2. LFP
5.3.3. LCO
5.3.4. LMO
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Vehicle Battery Cell Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Vehicle Battery Cell Market Size and Volume Forecast by Application
6.3.1. HEV
6.3.2. BEV
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Vehicle Battery Cell Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Vehicle Battery Cell Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Vehicle Battery Cell Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Vehicle Battery Cell Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Vehicle Battery Cell Demand Share Forecast, 2019-2026
9. North America Electric Vehicle Battery Cell Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Vehicle Battery Cell Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Vehicle Battery Cell Market Size and Volume Forecast by Application
9.4.1. HEV
9.4.2. BEV
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Vehicle Battery Cell Market Size and Volume Forecast by Type
9.7.1. NCM/NCA
9.7.2. LFP
9.7.3. LCO
9.7.4. LMO
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Vehicle Battery Cell Demand Share Forecast, 2019-2026
10. Latin America Electric Vehicle Battery Cell Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Vehicle Battery Cell Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Vehicle Battery Cell Market Size and Volume Forecast by Application
10.4.1. HEV
10.4.2. BEV
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Vehicle Battery Cell Market Size and Volume Forecast by Type
10.7.1. NCM/NCA
10.7.2. LFP
10.7.3. LCO
10.7.4. LMO
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Vehicle Battery Cell Demand Share Forecast, 2019-2026
11. Europe Electric Vehicle Battery Cell Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Vehicle Battery Cell Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Vehicle Battery Cell Market Size and Volume Forecast by Application
11.4.1. HEV
11.4.2. BEV
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Vehicle Battery Cell Market Size and Volume Forecast by Type
11.7.1. NCM/NCA
11.7.2. LFP
11.7.3. LCO
11.7.4. LMO
11.7.5. Others
11.8. Basis Pont Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Vehicle Battery Cell Demand Share, 2019-2026
12. Asia Pacific Electric Vehicle Battery Cell Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Vehicle Battery Cell Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Vehicle Battery Cell Market Size and Volume Forecast by Application
12.4.1. HEV
12.4.2. BEV
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Vehicle Battery Cell Market Size and Volume Forecast by Type
12.7.1. NCM/NCA
12.7.2. LFP
12.7.3. LCO
12.7.4. LMO
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Vehicle Battery Cell Demand Share, 2019-2026
13. Middle East & Africa Electric Vehicle Battery Cell Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Vehicle Battery Cell Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Vehicle Battery Cell Market Size and Volume Forecast by Application
13.4.1. HEV
13.4.2. BEV
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Vehicle Battery Cell Market Size and Volume Forecast by Type
13.7.1. NCM/NCA
13.7.2. LFP
13.7.3. LCO
13.7.4. LMO
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Vehicle Battery Cell Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Vehicle Battery Cell Market: Market Share Analysis
14.2. Electric Vehicle Battery Cell Distributors and Customers
14.3. Electric Vehicle Battery Cell Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BYD
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Panasonic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CATL
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OptimumNano
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LG Chem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. GuoXuan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lishen
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PEVE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AESC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Samsung
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lithium Energy Japan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Beijing Pride Power
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BAK Battery
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. WanXiang
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hitachi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ACCUmotive
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Boston Power
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook