This market report covers a range of aspects of the market analysis which today’s businesses call for. Electric Vehicle Battery market report also defines a chapter on the global market and allied companies with their profiles, which provides important data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report is generated with a nice blend of industry insight, talent solutions, practical solutions and use of technology to advance user experience. The Electric Vehicle Battery report puts light on many aspects related to ABC industry and market.
Electric Vehicles Battery market report displays a specific study of the Automotive industry which defines what the market definition, classifications, applications, engagements, and global industry trends are. The global Electric Vehicles Battery report estimates CAGR values for the historic year 2018, the base year 2018 and for the forecast period between the years 2018-2025.
The most up to date market insights and analysis performed in this Electric Vehicle Battery report brings marketplace clearly into focus. Businesses get highly benefited with the different segments covered in the market research report which provides better market insights to them with which they can drive the business into right direction. Under market segmentation topic of this report, research and analysis is done based on application, vertical, deployment model, end user, and geography. Depending on client’s demand, huge amount of business, product and market related information has been brought together with this Electric Vehicle Battery report that eventually helps businesses create better strategies.
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Major Players profiled in this report:
Few of the major competitors currently working in the electric vehicles battery market are Panasonic Corporation; MITSUBISHI MOTORS CORPORATION; Beijing Pride New Energy Battery Technology Co., Ltd.; Automotive Energy Supply Corporation; BYD Company Ltd.; LG Chem; Daimler AG; Robert Bosch GmbH; SAMSUNG SDI CO.,LTD.; Tianneng Power International Co., Ltd.; Johnson Controls; GS Yuasa International Ltd. and Hitachi, Ltd.
Global Electric Vehicles Battery :
Electric vehicles battery which is also known as traction battery is used to give power to the electric vehicles and is usually rechargeable in nature. Motorcycles, bicycles, scooters, skateboards, rail cars, watercraft, forklifts, buses, trucks, and cars usually use these batteries. Lead acid batteries, nickel metal hydride batteries and lithium ion batteries are the batteries which are usually used in the electric vehicles. The main aim of the battery is to start the engine; once it gets started the electrical system is supplied by the alternator.
FACTORS DRIVING GROWTH IN ELECTRIC VEHICLE MARKET:
Increase in the Electric Vehicles:
As of December 2018, China has the largest light duty plug- in electric vehicle market with 2243.8 sales, Europe with 1352, United States with 1126, California with 537.2 and Norway with 296.2. Netherland has the lowest sales with 145.9.
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Segmentation: Global Electric Vehicles Battery Market
- By Vehicles
- Battery Electric Vehicles
- Plug-In Hybrid Electric Vehicles
- Hybrid Electric Vehicles
- By Battery Type
- Lead Acid Battery
- Nickel Metal Hydride Battery
- Lithium-Ion Battery
- By Geography
- North America
- North America
Key Developments in the Market:
- In October 2018, Daimler AG announced that they are planning to invest in the Tuscaloosa plant situated in the United States for the initiation of construction for electric vehicles battery production.
- In May 2017, SAMSUNG SDI CO.,LTD. announced that their electric vehicle battery production plant situated in Hungary has finished construction, and the operation of this plant is expected to begin from 2018.
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Key Market Competitors: Global Electric Vehicles Battery Market
- Panasonic Corporation
- MITSUBISHI MOTORS CORPORATION
- Beijing Pride New Energy Battery Technology Co.
- Automotive Energy Supply Corporation
- BYD Company Ltd.
- LG Chem
- Daimler AG
- Robert Bosch GmbH
- Tianneng Power International Co.
- Johnson Controls
- GS Yuasa International Ltd.
- Hitachi, Ltd.
Research Methodology: Global Electric Vehicles Battery Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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