Global Automotive Li-ion Battery Market 2022-2026

Global Automotive Li-ion Battery Market 2022-2026

Technavio has been monitoring the automotive li-ion battery market and it is poised to grow by $ 38.96 bn during 2022-2026, decelerating at a CAGR of 27.48% during the forecast period. Our report on the automotive li-ion battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by favorable government policies and preference for li-ion batteries over lead-acid and nickel-metal hydride batteries. In addition, favorable government policies is anticipated to boost the growth of the market as well.

The automotive li-ion battery market analysis includes the vehicle type and geographic landscape.

Technavio's automotive li-ion battery market is segmented as below:

By Vehicle Type

• BEV
• PHEV

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the increasing number of partnerships and collaborationsas one of the prime reasons driving the automotive li-ion battery market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on automotive li-ion battery market covers the following areas:

• Automotive li-ion battery market sizing
• Automotive li-ion battery market forecast
• Automotive li-ion battery market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive li-ion battery market vendors that include Brookfield Business Partners LP, BYD Co. Ltd., China Aviation Lithium Battery Technology Co. Ltd., Contemporary Amperex Technology Co. Ltd., GS Yuasa Corp., Hitachi Ltd., LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., and Toshiba Corp. Also, the automotive li-ion battery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.