The electric vehicle battery market is fueled by the increasing demand for electric vehicles and technological advancements in technologies in recent years. Some of the major automobile are spending rigorously for the development of electric and hybrid vehicles which is creating opportunities for companies providing electric vehicle battery to gain a strong customer base.
Growing environmental concerns, increasing popularity of electric are the major factors that are expected to drive the growth of this market, whereas, high prices of raw materials is the major factor that might hinder the growth of electric vehicle battery market.
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Top Leading Market Players:
1. Automotive Energy Supply Corporation
2. BYD Auto Co. Ltd.
3. GS Yuasa International Ltd.
4. Hitachi Group
5. Johnson Controls International
6. LG Chem Ltd.
7. Lithium Energy Japan
9. Primearth EV Energy Co. Ltd.
10. Samsung SDI
The global electric vehicle battery market is segmented on the basis of battery type, vehicle type and installation. Based on battery type, the market is segmented lithium ion battery, nickel cadmium battery, others. On the basis of the vehicle type the market is segmented as less than electric vehicle and hybrid vehicle. Based on the installation the market is segmented as two wheeler vehicle, passenger vehicle and commercial vehicle.
Electric Vehicle Battery Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Electric Vehicle Battery Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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- The key findings and recommendations highlight crucial progressive industry trends in the Electric Vehicle Battery, thereby allowing players to develop effective long term strategies.
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- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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This post was originally published on Commerce Gazette