Global Electric Vehicle Battery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
An electric vehicle battery is different from other batteries used in automobiles for starting, ignition, and lighting. They use a different chemistry to have a high density and high potential for the propulsion of the vehicle. Electric vehicle batteries are mostly lithium-ion batteries as other batteries, such as lead-acid batteries, consume more space and have less efficiency. The capacity of the batteries would differ based on the type of vehicle. An electric vehicle can be categorized into HEV, PHEVs, and BEVs.
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The Global Electric Vehicle Battery Market to grow at a CAGR of 41.95% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global electric vehicle battery market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
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Key vendors
- SAMSUNG SDI
- BYD Company
- LG Chem
- A123 Systems
Market driver
- Decline in price of electric vehicle batteries
- For a full, detailed list, view our report
Market challenge
- Increasing global power crisis
- For a full, detailed list, view our report
Market trend
- Faster charging of electric vehicles
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
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