세계의 하이브리드 EV용 배터리 시장 예측(-2030년) : 배터리 유형별, 차량 유형별, 배터리용량별, 파워트레인 구성별, 판매 채널별, 기술별, 최종 사용자별, 지역별 분석

According to Stratistics MRC, the Global Hybrid EV Battery Market is accounted for $12.92 billion in 2024 and is expected to reach $65.27 billion by 2030 growing at a CAGR of 22.4% during the forecast period. A hybrid EV (electric vehicle) battery is a rechargeable energy storage system used in hybrid vehicles that combines internal combustion engines with electric propulsion. It stores and supplies electrical energy to power the vehicle's electric motor, enhancing fuel efficiency and reducing emissions. Their main functions include storing energy recovered during braking and providing additional power during acceleration.

According to the International Energy Agency (IEA), in 2023, China witnessed the highest sales of electric vehicles worldwide, reaching 8.4 million units of sales.

Market Dynamics:

Driver:

Urbanization and traffic regulations

As cities expand and population densities increase, traffic congestion and air pollution become pressing issues, prompting stricter emissions standards and low-emission zones. These regulations encourage the adoption of hybrid vehicles, which offer reduced emissions and improved fuel efficiency compared to traditional internal combustion engines. Consequently, there is a growing need for advanced hybrid EV batteries to support these vehicles, leading to increased market growth and investment in hybrid battery technology and infrastructure.

Restraint:

Limited battery lifespan

Limited battery lifespan in hybrid EV batteries stems from factors such as degradation over time, temperature extremes, and frequent charging cycles. As batteries age, their capacity and performance diminish, leading to reduced vehicle range and efficiency. Consequently, the perceived higher total cost of ownership and potential reliability issues may hamper market growth, as consumers may hesitate to invest in hybrid vehicles if they anticipate frequent and costly battery maintenance or replacement.

Opportunity:

Rising fuel prices

Rising fuel prices increase the cost of operating conventional internal combustion engine vehicles, prompting consumers to seek more cost-effective alternatives. This shift drives demand for hybrid vehicles that offer improved fuel efficiency and lower operating expenses. Hybrid EVs, combining an internal combustion engine with an electric motor, provide a practical solution by reducing fuel consumption and emissions. This economic incentive accelerates the adoption of hybrid technologies and, in turn, boosts the demand for hybrid EV batteries, supporting market growth and innovation in energy storage solutions.

Threat:

Battery recycling and disposal issues

Battery recycling and disposal issues in hybrid EV batteries arise due to the complex materials used, such as lithium, cobalt, and nickel, which require specialized processes for safe handling. Inefficient recycling methods and inadequate disposal infrastructure lead to environmental concerns and increased costs. Moreover, the lack of a robust recycling system can deter consumers and businesses from investing in hybrid technologies, slowing overall adoption and market expansion.

Covid-19 Impact

The covid-19 pandemic impacted the hybrid EV battery market by disrupting supply chains, delaying production, and increasing raw material costs. It led to decreased vehicle sales and investments in the short term due to economic uncertainties. However, the pandemic also accelerated the push for cleaner technologies and increased environmental awareness, driving renewed interest and investments in hybrid and electric vehicles post-pandemic. The market is rebounding as governments and consumers focus on sustainability and recovery.

The advanced hybrid technology segment is expected to be the largest during the forecast period

The advanced hybrid technology segment is anticipated to register the largest market share. Advanced hybrid technology in hybrid EV batteries involves innovations that enhance energy efficiency, performance, and longevity. Key developments include high-density lithium-ion batteries, fast-charging capabilities, and sophisticated energy management systems that optimize power usage and regenerative braking. These advancements improve fuel economy and reduce emissions while extending battery life.

The two-wheelers segment is expected to have the highest CAGR during the forecast period

The two-wheelers segment is anticipated to witness the highest CAGR during the forecast period. Hybrid EV batteries in two-wheelers enhance fuel efficiency and reduce emissions by integrating electric propulsion with a conventional engine. These batteries offer improved energy density and performance, contributing to extended range and lower operating costs for motorcycles and scooters. They are particularly beneficial in urban environments, where frequent stop-and-go traffic can optimize battery use.

Region with largest share:

Asia Pacific is expected to have the largest market share during the forecast period due to growing environmental awareness and supportive government policies promoting cleaner transportation. Major economies like China, Japan, and South Korea are leading in hybrid vehicle adoption and battery innovation. The region benefits from a robust manufacturing base, advancements in battery technology, and increasing investments in electric mobility infrastructure. Rising fuel prices and urbanization are further driving demand for hybrid vehicles, making Asia-Pacific a key growth area for hybrid EV batteries.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period, owing to driven by increasing environmental regulations and consumer demand for fuel-efficient vehicles. The United States and Canada are at the forefront, with strong government incentives and a growing network of charging infrastructure supporting hybrid vehicle adoption. Technological advancements in battery efficiency and performance are further fueling market expansion. The region's focus on sustainability and reducing carbon emissions is accelerating the shift towards hybrid and electric mobility solutions.

Key players in the market

Some of the key players profiled in the Hybrid EV Battery Market include Panasonic, LG Energy Solution, Samsung SDI, CATL (Contemporary Amperex Technology Co. Limited), BYD, A123 Systems, Northvolt, Gotion High-Tech, Svolt Energy, Toshiba, Johnson Controls, Hitachi Chemical, Saft, SK Innovation, Wanxiang A123 and Hyundai Motor Company.

Key Developments:

In September 2024, Hyundai Motor Company introduced a new strategic framework called the "Hyundai Way." This strategy is designed to position Hyundai as a leader in the rapidly evolving automotive industry focused on hybrid technology. This includes initiatives related to community engagement, environmental protection, and promoting ethical business practices.

In May 2024, BYD, a leading Chinese electric vehicle (EV) manufacturer, unveiled its latest generation of plug-in hybrid technology. This new technology has achieved a notable milestone in fuel efficiency, recording an impressive 2.9 liters per 100 kilometers (62.1 miles) when the vehicle's batteries are depleted. These improvements contribute to lower overall fuel consumption and extended driving range.

Battery Types Covered:

• Lithium-ion (Li-ion) Batteries
• Nickel-Metal Hydride (NiMH) Batteries
• Lead-Acid Batteries
• Solid-state Batteries
• Other Battery Types

Vehicle Types Covered:

• Full Hybrid Electric Vehicles (FHEVs)
• Plug-in Hybrid Electric Vehicles (PHEVs)
• Mild Hybrid Electric Vehicles (MHEVs)
• Extended Range Electric Vehicles (EREVs)
• Other Vehicle Types

Battery Capacities Covered:

• Low-Capacity Batteries
• Medium-Capacity Batteries
• High-Capacity Batteries

Powertrain Configurations Covered:

• Series Hybrid
• Parallel Hybrid
• Series-Parallel Hybrid

Sales Channels Covered:

• Original Equipment Manufacturer (OEM)
• Aftermarket

Technologies Covered:

• Conventional Hybrid Technology
• Advanced Hybrid Technology

End Users Covered:

• Automotive
• Two-Wheelers
• Public Transport
• Specialty Vehicles
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Hybrid EV Battery Market, By Battery Type

• 5.1 Introduction
• 5.2 Lithium-ion (Li-ion) Batteries
• 5.3 Nickel-Metal Hydride (NiMH) Batteries
• 5.4 Lead-Acid Batteries
• 5.5 Solid-state Batteries
• 5.6 Other Battery Types

6 Global Hybrid EV Battery Market, By Vehicle Type

• 6.1 Introduction
• 6.2 Full Hybrid Electric Vehicles (FHEVs)
• 6.3 Plug-in Hybrid Electric Vehicles (PHEVs)
• 6.4 Mild Hybrid Electric Vehicles (MHEVs)
• 6.5 Extended Range Electric Vehicles (EREVs)
• 6.6 Other Vehicle Types

7 Global Hybrid EV Battery Market, By Battery Capacity

• 7.1 Introduction
• 7.2 Low-Capacity Batteries
• 7.3 Medium-Capacity Batteries
• 7.4 High-Capacity Batteries

8 Global Hybrid EV Battery Market, By Powertrain Configuration

• 8.1 Introduction
• 8.2 Series Hybrid
• 8.3 Parallel Hybrid
• 8.4 Series-Parallel Hybrid

9 Global Hybrid EV Battery Market, By Sales Channel

• 9.1 Introduction
• 9.2 Original Equipment Manufacturer (OEM)
• 9.3 Aftermarket

10 Global Hybrid EV Battery Market, By Technology

• 10.1 Introduction
• 10.2 Conventional Hybrid Technology
• 10.3 Advanced Hybrid Technology

11 Global Hybrid EV Battery Market, By End User

• 11.1 Introduction
• 11.2 Automotive
• 11.3 Two-Wheelers
• 11.4 Public Transport
• 11.5 Specialty Vehicles
• 11.6 Other End Users

12 Global Hybrid EV Battery Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Panasonic
• 14.2 LG Energy Solution
• 14.3 Samsung SDI
• 14.4 CATL (Contemporary Amperex Technology Co. Limited)
• 14.5 BYD
• 14.6 A123 Systems
• 14.7 Northvolt
• 14.8 Gotion High-Tech
• 14.9 Svolt Energy
• 14.10 Toshiba
• 14.11 Johnson Controls
• 14.12 Hitachi Chemical
• 14.13 Saft
• 14.14 SK Innovation
• 14.15 Wanxiang A123
• 14.16 Hyundai Motor Company