세계의 전기자동차 배터리 시스템 시장 - 산업 규모, 점유율, 동향, 기회, 예측, 부문, 배터리 유형별, 차량 유형별, 지역별, 경쟁사별(2019-2029년)

The Global Battery Systems for Electric Vehicles Market is forecasted to achieve USD 31.81 Billion by 2023, expanding at a CAGR of 14.22% to attain USD 70.11 billion by 2029. The substantial growth in this market is attributed to several factors, including augmented government support, cutting-edge developments in battery technologies, and a heightened focus on sustainable transportation solutions. Numerous governments are driving market expansion through initiatives aimed at minimizing carbon emissions and fostering the use of electric vehicles (EVs). Policies and stimulus programs encouraging the uptake of EVs are expected to notably bolster the demand for battery systems. Ongoing research and development endeavors are leading to significant breakthroughs in battery technology, such as batteries with greater energy density, quicker charging capabilities, and extended range, which make EVs more attractive to consumers. As economies recover post-COVID-19, the momentum accelerates, supported by renewed consumer spending and a stronger emphasis on sustainability and environmental responsibility. The progressive development of charging infrastructure, particularly across regions like Asia-Pacific and North America, also reinforces the strong growth trajectory of the Global Battery Systems for Electric Vehicles Market.

Key Market Drivers

Government Initiatives and Support

Governments worldwide are actively pursuing decarbonization and sustainable transportation, significantly driving the expansion of the battery systems for electric vehicles market. Significant investments by governments in developed nations, such as China, the United States, and Japan, focus on electric mobility. These investments are presented as subsidies for consumers purchasing electric vehicles and in the development of necessary infrastructure, like charging stations. For example, the Sustainable Energy Authority of Ireland (SEAI) offers grants up to USD 5,400 and vehicle registration tax exemptions for buyers of battery electric vehicles. Such encouraging measures aim to make electric vehicles more financially accessible and appealing to the general populace. Furthermore, stringent regulations concerning emission controls are incentivizing automobile manufacturers to shift toward electric mobility. This transition stimulates advances and innovations in battery technologies, accelerating growth in the battery systems market.

Advancements in Battery Technology

The progression in battery technology is a crucial driver of the market. Noteworthy improvements in lithium-ion battery technologies have demonstrated substantial potential by providing higher energy densities, shorter charging times, and longer ranges for electric vehicles. Innovations, such as the technology developed by Morand, which reduces charging times of electric vehicles to around 72 seconds using a hybrid system that combines conventional battery technology with ultracapacitor technology, underscore the future potential of battery systems. These advancements not only enhance electric vehicles' performance but also address consumer concerns about range anxiety and lengthy charging durations. Such technological progress is essential for increasing the competitiveness of battery electric vehicles against internal combustion engine (ICE) vehicles, thereby boosting the growth of the battery systems market.

Key Market Challenges

High Costs and Limited Driving Range

Several significant challenges impede the market's growth, with high costs and limited driving range of batteries being primary barriers. Despite government subsidies and incentives, the total cost of electric vehicles remains high mainly due to expensive battery components. The price per usable kilowatt-hour of a lithium-ion battery can range from USD 500 to USD 650, which constitutes a large portion of the vehicle's overall cost. This cost factor makes electric vehicles less economically attractive compared to traditional ICE vehicles. Additionally, the current limited driving range, typically between 60-100 miles per charge, deters consumers who worry about running out of power mid-journey. These limitations are especially problematic for long-distance travelers and residents in regions with inadequate charging infrastructure.

Insufficient Charging Infrastructure

The lack of a comprehensive charging infrastructure presents another significant challenge. Many areas still do not have the required network of charging stations to support a growing number of electric vehicles. This infrastructural gap leads to range anxiety among potential buyers, limiting the broader adoption of electric vehicles. Moreover, the longer time required to fully charge a battery compared to refueling an ICE vehicle adds to consumer reservations. Although progress is being made towards developing faster-charging technologies, widespread deployment remains a hurdle. Developing an extensive network of supercharging stations capable of reducing downtime and facilitating long-distance travel is crucial to overcoming this challenge and supporting the broader adoption of electric vehicles.

Key Market Trends

Government Investments and Policies

A prominent trend driving the market for battery systems for electric vehicles is the ongoing investment and policy support from governments worldwide. Governments in developed nations recognize electric mobility as a fundamental component of their strategies to lower carbon emissions and combat climate change. Consequently, various financial incentives, subsidies, and grants are being offered to encourage electric vehicle adoption. Moreover, governments are investing in developing charging infrastructure, crucial for addressing range anxiety and supporting the widespread use of electric vehicles. These measures are expected to significantly influence the battery systems market's growth over the next several years.

Focus on Research and Development

Another key trend is the significant focus on research and development aimed at advancing battery technology. Companies and research institutes are allocating substantial resources to develop batteries with higher energy density, enhanced safety, and faster charging capabilities. Innovations, such as the lithium-air battery system devised by the US Department of Energy's Argonne National Laboratory, highlight the potential for considerable enhancements in electric vehicle batteries' efficiency and performance. Continuous innovation in this field is essential for making electric vehicles more competitive with traditional ICE vehicles, thereby driving demand for advanced battery systems.

Segmental Insights

Based on Battery Type, Lithium-ion batteries dominated the global battery systems for electric vehicles (EVs) market due to their superior performance characteristics, including high energy density, long cycle life, and light weight. These batteries are more efficient compared to other battery types, allowing electric vehicles to achieve longer ranges, which is a key consideration for both manufacturers and consumers. Lithium-ion batteries can store a significant amount of energy in a relatively small and lightweight form, which is crucial for improving the efficiency and performance of EVs. Moreover, advancements in lithium-ion battery technology, such as improvements in battery chemistry, charging speed, and safety features, have made them even more suitable for electric vehicles. The declining cost of lithium-ion batteries, driven by economies of scale and technological progress, has also played a critical role in making electric vehicles more affordable and accessible to a wider consumer base. The growing push for sustainability and stricter emission regulations worldwide has further accelerated the adoption of EVs, driving demand for high-performance lithium-ion batteries. These factors, combined with the continuous development of charging infrastructure and the increasing availability of EV models, ensure that lithium-ion batteries will remain the dominant choice for electric vehicle manufacturers in the foreseeable future.

Regional Insights

North America, alongside Asia-Pacific, is expected to dominate the battery systems market throughout the forecast period. The region places a strong emphasis on research and development, with governments providing substantial support for electric mobility initiatives. Investments in charging infrastructure and the presence of leading technology companies contribute to the region's strong market dynamics. Collaborative efforts between private sector players and governments to establish charging stations and implement smart grid solutions highlight initiatives to address range anxiety and enhance the electric vehicle experience. The Asia-Pacific region, comprising countries like China, Japan, and South Korea, is experiencing significant growth in the battery systems for electric vehicles market. Governments in these nations actively promote electric vehicle adoption through supportive policies, subsidies, and infrastructure development. In May 2023, for instance, Chinese automaker JAC Group partnered with tech company HiNa Battery to develop an electric car powered by a sodium-ion battery, indicating regional innovation and advancements. The well-established supply chain, skilled workforce, and innovative battery technology companies position Asia-Pacific as a major manufacturing hub for electric vehicles and their components, contributing to the market's rapid growth.

Key Market Players

• A123 Systems LLC
• Altairnano
• TRU Group Inc
• Hitachi, Ltd.
• Johnson Controls International PLC
• LG Chem, Ltd.
• NEC Corporation
• Panasonic Corporation
• Toshiba Corporation
• Samsung SDI Co Ltd

Report Scope:

In this report, the global Battery Systems for Electric Vehicles Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Battery Systems for Electric Vehicles Market, By Battery Type:

• Lithium-Ion
• Nickel-Metal Hydride Batteries
• Lead-Acid Batteries
• Other Types

Battery Systems for Electric Vehicles Market, By Vehicle Type:

• Passenger Cars
• Commercial Vehicle

Battery Systems for Electric Vehicles Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe & CIS
  • France
  • Germany
  • Spain
  • Italy
  • United Kingdom
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
• South America
  • Brazil
  • Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the global Battery Systems for Electric Vehicles Market.

Available Customizations:

Global Battery Systems for Electric Vehicles Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Introduction

• 1.1. Product Overview
• 1.2. Key Highlights of the Report
• 1.3. Market Coverage
• 1.4. Market Segments Covered
• 1.5. Research Tenure Considered

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Market Overview
• 3.2. Market Forecast
• 3.3. Key Regions
• 3.4. Key Segments

4. Voice of Customer

• 4.1. Factors Influencing Purchase Decision
• 4.2. Sources of Information

5. Global Battery Systems for Electric Vehicles Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Battery Type Market Share Analysis (Lithium-Ion, Nickel-Metal Hydride Batteries, Lead-Acid Batteries, and Other Types)
  • 5.2.2. By Vehicle Type Market Share Analysis (Passenger Cars and Commercial Vehicle)
  • 5.2.3. By Regional Market Share Analysis
    • 5.2.3.1. North America Market Share Analysis
    • 5.2.3.2. Europe & CIS Market Share Analysis
    • 5.2.3.3. Asia-Pacific Market Share Analysis
    • 5.2.3.4. Middle East & Africa Market Share Analysis
    • 5.2.3.5. South America Market Share Analysis
  • 5.2.4. By Top 5 Companies Market Share Analysis, Others (2023)
• 5.3. Global Battery Systems for Electric Vehicles Market Mapping & Opportunity Assessment
  • 5.3.1. By Vehicle Type Market Mapping & Opportunity Assessment
  • 5.3.2. By Battery Type Market Mapping & Opportunity Assessment
  • 5.3.3. By Regional Market Mapping & Opportunity Assessment

6. North America Battery Systems for Electric Vehicles Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Vehicle Type Market Share Analysis
  • 6.2.2. By Battery Type Market Share Analysis
  • 6.2.3. By Country Market Share Analysis
    • 6.2.3.1. United States Battery Systems for Electric Vehicles Market Outlook
      • 6.2.3.1.1. Market Size & Forecast
      • 6.2.3.1.1.1. By Value
      • 6.2.3.1.2. Market Share & Forecast
      • 6.2.3.1.2.1. By Vehicle Type Market Share Analysis
      • 6.2.3.1.2.2. By Battery Type Market Share Analysis
    • 6.2.3.2. Canada Battery Systems for Electric Vehicles Market Outlook
      • 6.2.3.2.1. Market Size & Forecast
      • 6.2.3.2.1.1. By Value
      • 6.2.3.2.2. Market Share & Forecast
      • 6.2.3.2.2.1. By Vehicle Type Market Share Analysis
      • 6.2.3.2.2.2. By Battery Type Market Share Analysis
    • 6.2.3.3. Mexico Battery Systems for Electric Vehicles Market Outlook
      • 6.2.3.3.1. Market Size & Forecast
      • 6.2.3.3.1.1. By Value
      • 6.2.3.3.2. Market Share & Forecast
      • 6.2.3.3.2.1. By Vehicle Type Market Share Analysis
      • 6.2.3.3.2.2. By Battery Type Market Share Analysis

7. Europe & CIS Battery Systems for Electric Vehicles Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Vehicle Type Market Share Analysis
  • 7.2.2. By Battery Type Market Share Analysis
  • 7.2.3. By Country Market Share Analysis
    • 7.2.3.1. France Battery Systems for Electric Vehicles Market Outlook
      • 7.2.3.1.1. Market Size & Forecast
      • 7.2.3.1.1.1. By Value
      • 7.2.3.1.2. Market Share & Forecast
      • 7.2.3.1.2.1. By Vehicle Type Market Share Analysis
      • 7.2.3.1.2.2. By Battery Type Market Share Analysis
    • 7.2.3.2. Germany Battery Systems for Electric Vehicles Market Outlook
      • 7.2.3.2.1. Market Size & Forecast
      • 7.2.3.2.1.1. By Value
      • 7.2.3.2.2. Market Share & Forecast
      • 7.2.3.2.2.1. By Vehicle Type Market Share Analysis
      • 7.2.3.2.2.2. By Battery Type Market Share Analysis
    • 7.2.3.3. Spain Battery Systems for Electric Vehicles Market Outlook
      • 7.2.3.3.1. Market Size & Forecast
      • 7.2.3.3.1.1. By Value
      • 7.2.3.3.2. Market Share & Forecast
      • 7.2.3.3.2.1. By Vehicle Type Market Share Analysis
      • 7.2.3.3.2.2. By Battery Type Market Share Analysis
    • 7.2.3.4. Italy Battery Systems for Electric Vehicles Market Outlook
      • 7.2.3.4.1. Market Size & Forecast
      • 7.2.3.4.1.1. By Value
      • 7.2.3.4.2. Market Share & Forecast
      • 7.2.3.4.2.1. By Vehicle Type Market Share Analysis
      • 7.2.3.4.2.2. By Battery Type Market Share Analysis
    • 7.2.3.5. United Kingdom Battery Systems for Electric Vehicles Market Outlook
      • 7.2.3.5.1. Market Size & Forecast
      • 7.2.3.5.1.1. By Value
      • 7.2.3.5.2. Market Share & Forecast
      • 7.2.3.5.2.1. By Vehicle Type Market Share Analysis
      • 7.2.3.5.2.2. By Battery Type Market Share Analysis

8. Asia-Pacific Battery Systems for Electric Vehicles Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Vehicle Type Market Share Analysis
  • 8.2.2. By Battery Type Market Share Analysis
  • 8.2.3. By Country Market Share Analysis
    • 8.2.3.1. China Battery Systems for Electric Vehicles Market Outlook
      • 8.2.3.1.1. Market Size & Forecast
      • 8.2.3.1.1.1. By Value
      • 8.2.3.1.2. Market Share & Forecast
      • 8.2.3.1.2.1. By Vehicle Type Market Share Analysis
      • 8.2.3.1.2.2. By Battery Type Market Share Analysis
    • 8.2.3.2. Japan Battery Systems for Electric Vehicles Market Outlook
      • 8.2.3.2.1. Market Size & Forecast
      • 8.2.3.2.1.1. By Value
      • 8.2.3.2.2. Market Share & Forecast
      • 8.2.3.2.2.1. By Vehicle Type Market Share Analysis
      • 8.2.3.2.2.2. By Battery Type Market Share Analysis
    • 8.2.3.3. India Battery Systems for Electric Vehicles Market Outlook
      • 8.2.3.3.1. Market Size & Forecast
      • 8.2.3.3.1.1. By Value
      • 8.2.3.3.2. Market Share & Forecast
      • 8.2.3.3.2.1. By Vehicle Type Market Share Analysis
      • 8.2.3.3.2.2. By Battery Type Market Share Analysis
    • 8.2.3.4. Australia Battery Systems for Electric Vehicles Market Outlook
      • 8.2.3.4.1. Market Size & Forecast
      • 8.2.3.4.1.1. By Value
      • 8.2.3.4.2. Market Share & Forecast
      • 8.2.3.4.2.1. By Vehicle Type Market Share Analysis
      • 8.2.3.4.2.2. By Battery Type Market Share Analysis
    • 8.2.3.5. South Korea Battery Systems for Electric Vehicles Market Outlook
      • 8.2.3.5.1. Market Size & Forecast
      • 8.2.3.5.1.1. By Value
      • 8.2.3.5.2. Market Share & Forecast
      • 8.2.3.5.2.1. By Vehicle Type Market Share Analysis
      • 8.2.3.5.2.2. By Battery Type Market Share Analysis

9. Middle East & Africa Battery Systems for Electric Vehicles Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Vehicle Type Market Share Analysis
  • 9.2.2. By Battery Type Market Share Analysis
  • 9.2.3. By Country Market Share Analysis
    • 9.2.3.1. South Africa Battery Systems for Electric Vehicles Market Outlook
      • 9.2.3.1.1. Market Size & Forecast
      • 9.2.3.1.1.1. By Value
      • 9.2.3.1.2. Market Share & Forecast
      • 9.2.3.1.2.1. By Vehicle Type Market Share Analysis
      • 9.2.3.1.2.2. By Battery Type Market Share Analysis
    • 9.2.3.2. Saudi Arabia Battery Systems for Electric Vehicles Market Outlook
      • 9.2.3.2.1. Market Size & Forecast
      • 9.2.3.2.1.1. By Value
      • 9.2.3.2.2. Market Share & Forecast
      • 9.2.3.2.2.1. By Vehicle Type Market Share Analysis
      • 9.2.3.2.2.2. By Battery Type Market Share Analysis
    • 9.2.3.3. UAE Battery Systems for Electric Vehicles Market Outlook
      • 9.2.3.3.1. Market Size & Forecast
      • 9.2.3.3.1.1. By Value
      • 9.2.3.3.2. Market Share & Forecast
      • 9.2.3.3.2.1. By Vehicle Type Market Share Analysis
      • 9.2.3.3.2.2. By Battery Type Market Share Analysis

10. South America Battery Systems for Electric Vehicles Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Vehicle Type Market Share Analysis
  • 10.2.2. By Battery Type Market Share Analysis
  • 10.2.3. By Country Market Share Analysis
    • 10.2.3.1. Brazil Battery Systems for Electric Vehicles Market Outlook
      • 10.2.3.1.1. Market Size & Forecast
      • 10.2.3.1.1.1. By Value
      • 10.2.3.1.2. Market Share & Forecast
      • 10.2.3.1.2.1. By Vehicle Type Market Share Analysis
      • 10.2.3.1.2.2. By Battery Type Market Share Analysis
    • 10.2.3.2. Argentina Battery Systems for Electric Vehicles Market Outlook
      • 10.2.3.2.1. Market Size & Forecast
      • 10.2.3.2.1.1. By Value
      • 10.2.3.2.2. Market Share & Forecast
      • 10.2.3.2.2.1. By Vehicle Type Market Share Analysis
      • 10.2.3.2.2.2. By Battery Type Market Share Analysis

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape

• 13.1. Company Profiles
  • 13.1.1. A123 Systems LLC
    • 13.1.1.1. Company Details
    • 13.1.1.2. Products
    • 13.1.1.3. Financials (As Per Availability)
    • 13.1.1.4. Key Market Focus & Geographical Presence
    • 13.1.1.5. Recent Developments
    • 13.1.1.6. Key Management Personnel
  • 13.1.2. Altairnano
    • 13.1.2.1. Company Details
    • 13.1.2.2. Products
    • 13.1.2.3. Financials (As Per Availability)
    • 13.1.2.4. Key Market Focus & Geographical Presence
    • 13.1.2.5. Recent Developments
    • 13.1.2.6. Key Management Personnel
  • 13.1.3. TRU Group Inc
    • 13.1.3.1. Company Details
    • 13.1.3.2. Products
    • 13.1.3.3. Financials (As Per Availability)
    • 13.1.3.4. Key Market Focus & Geographical Presence
    • 13.1.3.5. Recent Developments
    • 13.1.3.6. Key Management Personnel
  • 13.1.4. Hitachi, Ltd.
    • 13.1.4.1. Company Details
    • 13.1.4.2. Products
    • 13.1.4.3. Financials (As Per Availability)
    • 13.1.4.4. Key Market Focus & Geographical Presence
    • 13.1.4.5. Recent Developments
    • 13.1.4.6. Key Management Personnel
  • 13.1.5. Johnson Controls International PLC
    • 13.1.5.1. Company Details
    • 13.1.5.2. Products
    • 13.1.5.3. Financials (As Per Availability)
    • 13.1.5.4. Key Market Focus & Geographical Presence
    • 13.1.5.5. Recent Developments
    • 13.1.5.6. Key Management Personnel
  • 13.1.6. LG Chem, Ltd.
    • 13.1.6.1. Company Details
    • 13.1.6.2. Products
    • 13.1.6.3. Financials (As Per Availability)
    • 13.1.6.4. Key Market Focus & Geographical Presence
    • 13.1.6.5. Recent Developments
    • 13.1.6.6. Key Management Personnel
  • 13.1.7. NEC Corporation
    • 13.1.7.1. Company Details
    • 13.1.7.2. Products
    • 13.1.7.3. Financials (As Per Availability)
    • 13.1.7.4. Key Market Focus & Geographical Presence
    • 13.1.7.5. Recent Developments
    • 13.1.7.6. Key Management Personnel
  • 13.1.8. Panasonic Corporation
    • 13.1.8.1. Company Details
    • 13.1.8.2. Products
    • 13.1.8.3. Financials (As Per Availability)
    • 13.1.8.4. Key Market Focus & Geographical Presence
    • 13.1.8.5. Recent Developments
    • 13.1.8.6. Key Management Personnel
  • 13.1.9. Toshiba Corporation
    • 13.1.9.1. Company Details
    • 13.1.9.2. Products
    • 13.1.9.3. Financials (As Per Availability)
    • 13.1.9.4. Key Market Focus & Geographical Presence
    • 13.1.9.5. Recent Developments
    • 13.1.9.6. Key Management Personnel
  • 13.1.10. Samsung SDI Co Ltd
    • 13.1.10.1. Company Details
    • 13.1.10.2. Products
    • 13.1.10.3. Financials (As Per Availability)
    • 13.1.10.4. Key Market Focus & Geographical Presence
    • 13.1.10.5. Recent Developments
    • 13.1.10.6. Key Management Personnel

14. Strategic Recommendations/Action Plan

• 14.1. Key Focus Areas
• 14.2. Target Vehicle Type
• 14.3. Target Battery Type

15. About Us & Disclaimer