The global passenger xEV (BEVs, PHEVs, HEVs) battery market is currently doubling year-over-year, reaching staggering new levels. Following a blistering fourth quarter, 2021 saw a record 286.1 GWh of passenger EV battery capacity deployed onto roads globally, a remarkable 101.5% increase over 2020 as EV sales, especially battery electric vehicle (“BEV”) and plug-in hybrid electric vehicle (“PHEV”) sales, surged year-over-year.
According to our (Global Info Research) latest study, the global Lithium Battery for Passenger Car market size was valued at US$ 42500 million in 2023 and is forecast to a readjusted size of USD 143810 million by 2030 with a CAGR of 19.2% during review period.
Top 2 manufacturers of lithium battery for passenger car in global are CATL and LG Energy Solution. These 2 companies account for over 50% of total market share. Geographically speaking, Asia-Pacific is the largest market, accounting for over half of the global market share. In terms of type, the NCM/NCA segment holds a dominant share of over 80%. In terms of application, BEV segment is the largest market, accounting for over 85% of total market share.
This report is a detailed and comprehensive analysis for global Lithium Battery for Passenger Car market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Lithium Battery for Passenger Car market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (USD/kWh), 2019-2030
Global Lithium Battery for Passenger Car market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (USD/kWh), 2019-2030
Global Lithium Battery for Passenger Car market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (USD/kWh), 2019-2030
Global Lithium Battery for Passenger Car market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (USD/kWh), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Lithium Battery for Passenger Car
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Lithium Battery for Passenger Car market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, LG Energy Solution, Samsung SDI, SK Innovation, CATL, BYD, CALB, Gotion High-tech, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Lithium Battery for Passenger Car market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
NCM/NCA
LFP
Others
Market segment by Application
BEV
PHEV
HEV
Major players covered
Panasonic
LG Energy Solution
Samsung SDI
SK Innovation
CATL
BYD
CALB
Gotion High-tech
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lithium Battery for Passenger Car product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lithium Battery for Passenger Car, with price, sales quantity, revenue, and global market share of Lithium Battery for Passenger Car from 2019 to 2024.
Chapter 3, the Lithium Battery for Passenger Car competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lithium Battery for Passenger Car breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Lithium Battery for Passenger Car market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lithium Battery for Passenger Car.
Chapter 14 and 15, to describe Lithium Battery for Passenger Car sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Lithium Battery for Passenger Car. Industry analysis & Market Report on Lithium Battery for Passenger Car is a syndicated market report, published as Global Lithium Battery for Passenger Car Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Lithium Battery for Passenger Car market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.