Passenger Vehicle Batteries Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_0079821
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Market Snapshot

CAGR:5.87
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 5.87
Automotive & Transportation-companies
Automotive & Transportation-Snapshot

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Report Overview

Passenger Vehicle Batteries Market Analysis Report 2023-2032:

The Passenger Vehicle Batteries Market is expected to witness substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 4.35% between 2022 and 2032. The market size is forecasted to increase by USD 17,079.64 million during this period. Several factors contribute to this growth, including the rising demand for electric vehicles (EVs), increasing environmental concerns, and advancements in battery technology. Passenger vehicle batteries are a critical component of electric cars, hybrid vehicles, and other alternative fuel automobiles, providing the energy required for propulsion and auxiliary functions.

Passenger Vehicle Batteries Market Overview

Drivers:

One of the primary drivers fueling the growth of the passenger vehicle batteries market is the increasing adoption of electric vehicles (EVs). As concerns about environmental sustainability grow, there is a significant shift towards EVs as a cleaner and more sustainable mode of transportation. This surge in EV adoption has led to a substantial increase in the demand for passenger vehicle batteries, as they are a vital component of these electric cars.

Moreover, government incentives and regulations promoting the use of electric vehicles, such as tax credits, emissions reduction targets, and stricter fuel efficiency standards, have further accelerated the market's growth. These factors collectively contribute to the expanding passenger vehicle batteries market.

Trends:

An important trend shaping the passenger vehicle batteries market is the rapid advancement in battery technology. Innovations in battery chemistry, such as lithium-ion, solid-state batteries, and energy-dense materials, are leading to increased energy storage capacity, longer driving ranges, and faster charging times for EVs. These technological advancements are enhancing the overall performance and user experience of electric vehicles, driving their popularity among consumers.

Additionally, the integration of battery management systems (BMS) and smart battery technologies is gaining momentum. BMS optimizes battery performance, extends battery life, and enhances safety. Smart batteries enable remote monitoring, real-time diagnostics, and over-the-air software updates, making EVs more convenient and efficient.

Restraints:

One of the key challenges hindering the passenger vehicle batteries market's growth is the high cost associated with electric vehicle batteries. Despite advancements in battery technology, manufacturing EV batteries remains expensive, resulting in higher vehicle prices. This cost barrier can deter potential buyers and slow down the widespread adoption of electric vehicles.

Furthermore, concerns regarding the environmental impact of battery production and disposal also pose challenges. The extraction of raw materials, such as lithium and cobalt, and the recycling of used batteries need sustainable solutions to minimize their environmental footprint.

Passenger Vehicle Batteries Market Segmentation By Type

The lithium-ion battery segment is expected to witness significant growth during the forecast period. Lithium-ion batteries are the most commonly used type in passenger vehicles due to their high energy density, long lifespan, and relatively low maintenance requirements. They are widely adopted in electric cars and hybrids, contributing to the growth of this market segment.

Passenger Vehicle Batteries Market Segmentation By Application

The electric car segment is estimated to witness substantial growth during the forecast period. With increasing consumer awareness about environmental issues and a shift towards sustainable transportation, electric cars are gaining popularity. Passenger vehicle batteries are a critical component of electric cars, providing the energy required for their operation.

Regional Overview:

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North America is anticipated to be a significant contributor to the global passenger vehicle batteries market, with the United States and Canada driving growth in this region. The adoption of electric vehicles is on the rise in North America, supported by government incentives, a well-established charging infrastructure, and consumer interest in cleaner transportation options.

Europe, including the United Kingdom, Germany, France, and the rest of the region, is also expected to experience substantial growth. European countries are implementing stringent emissions regulations and promoting electric mobility, leading to increased demand for passenger vehicle batteries.

Asia-Pacific (APAC), particularly China and India, is a prominent player in the passenger vehicle batteries market. The region is a hub for electric vehicle manufacturing and consumption, with strong government support and investments in the EV industry.

Passenger Vehicle Batteries Market Customer Landscape

The passenger vehicle batteries market report includes insights into the adoption lifecycle of the market, from early adopters to laggards. It analyzes adoption rates in different regions based on penetration levels. Additionally, the report explores key purchase criteria and factors influencing price sensitivity, helping companies formulate growth strategies.

Major Passenger Vehicle Batteries Market Companies

Key players in the passenger vehicle batteries market are implementing various strategies to enhance their market presence. These strategies include strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and the launch of innovative products and services. Some notable companies in the market include:

  • Tesla, Inc.
  • Panasonic Corporation
  • LG Chem Ltd.
  • Contemporary Amperex Technology Co. Limited (CATL)
  • Samsung SDI Co., Ltd.
  • BYD Company Ltd.
  • Johnson Controls International plc
  • GS Yuasa Corporation
  • Toshiba Corporation
  • Amara Raja Batteries Limited

The competitive landscape of the market is extensively analyzed in the research report, providing information about these and other key market players.

Segment Overview

The passenger vehicle batteries market report provides revenue forecasts at the global, regional, and country levels, along with an analysis of the latest trends and growth opportunities from 2019 to 2032. Key segments of the market include:

  • Type Outlook (USD Million, 2019 - 2032)
    • Lithium-ion batteries
    • Nickel-metal hydride (NiMH) batteries
    • Solid-state batteries
  • Application Outlook (USD Million, 2019 - 2032)
    • Electric cars
    • Hybrid cars
    • Plug-in hybrid cars
    • Others
  • Geography Outlook (USD Million, 2019 - 2032)
    • North America
      • The United States
      • Canada
    • Europe
      • The United Kingdom
      • Germany
      • France
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
    • South America
      • Brazil
      • Argentina
      • Chile
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Table of Contents

1 Study Coverage
1.1 Passenger Vehicle Batteries Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Passenger Vehicle Batteries Market Size Growth Rate by Type
1.4.2 Lithium-ion Based
1.4.3 Nickel-Based
1.4.4 Lead-acid Based
1.4.5 Sodium-ion Based
1.5 Market by Application
1.5.1 Global Passenger Vehicle Batteries Market Size Growth Rate by Application
1.5.2 Internal Combustion Engine Vehicles
1.5.3 Start Stop Vehicles
1.5.4 Advanced Start-Stop Vehicles
1.5.5 Micro-Hybrid Vehicles
1.5.6 Hybrid Electric Vehicles
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Passenger Vehicle Batteries Market Size
2.1.1 Global Passenger Vehicle Batteries Revenue 2014-2025
2.1.2 Global Passenger Vehicle Batteries Production 2014-2025
2.2 Passenger Vehicle Batteries Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Passenger Vehicle Batteries Manufacturers
2.3.2.1 Passenger Vehicle Batteries Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Passenger Vehicle Batteries Product Offered
2.3.2.3 Date of Manufacturers Enter into Passenger Vehicle Batteries Market
2.4 Key Trends for Passenger Vehicle Batteries Markets & Products

3 Market Size by Manufacturers
3.1 Passenger Vehicle Batteries Production by Manufacturers
3.1.1 Passenger Vehicle Batteries Production by Manufacturers
3.1.2 Passenger Vehicle Batteries Production Market Share by Manufacturers
3.2 Passenger Vehicle Batteries Revenue by Manufacturers
3.2.1 Passenger Vehicle Batteries Revenue by Manufacturers (2014-2019)
3.2.2 Passenger Vehicle Batteries Revenue Share by Manufacturers (2014-2019)
3.3 Passenger Vehicle Batteries Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Passenger Vehicle Batteries Production by Regions
4.1 Global Passenger Vehicle Batteries Production by Regions
4.1.1 Global Passenger Vehicle Batteries Production Market Share by Regions
4.1.2 Global Passenger Vehicle Batteries Revenue Market Share by Regions
4.2 United States
4.2.1 United States Passenger Vehicle Batteries Production
4.2.2 United States Passenger Vehicle Batteries Revenue
4.2.3 Key Players in United States
4.2.4 United States Passenger Vehicle Batteries Import & Export
4.3 Europe
4.3.1 Europe Passenger Vehicle Batteries Production
4.3.2 Europe Passenger Vehicle Batteries Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Passenger Vehicle Batteries Import & Export
4.4 China
4.4.1 China Passenger Vehicle Batteries Production
4.4.2 China Passenger Vehicle Batteries Revenue
4.4.3 Key Players in China
4.4.4 China Passenger Vehicle Batteries Import & Export
4.5 Japan
4.5.1 Japan Passenger Vehicle Batteries Production
4.5.2 Japan Passenger Vehicle Batteries Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Passenger Vehicle Batteries Import & Export
4.6 South Korea
4.6.1 South Korea Passenger Vehicle Batteries Production
4.6.2 South Korea Passenger Vehicle Batteries Revenue
4.6.3 Key Players in South Korea
4.6.4 South Korea Passenger Vehicle Batteries Import & Export
4.7 India
4.7.1 India Passenger Vehicle Batteries Production
4.7.2 India Passenger Vehicle Batteries Revenue
4.7.3 Key Players in India
4.7.4 India Passenger Vehicle Batteries Import & Export
4.8 Other Regions

5 Passenger Vehicle Batteries Consumption by Regions
5.1 Global Passenger Vehicle Batteries Consumption by Regions
5.1.1 Global Passenger Vehicle Batteries Consumption by Regions
5.1.2 Global Passenger Vehicle Batteries Consumption Market Share by Regions
5.2 North America
5.2.1 North America Passenger Vehicle Batteries Consumption by Application
5.2.2 North America Passenger Vehicle Batteries Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Passenger Vehicle Batteries Consumption by Application
5.3.2 Europe Passenger Vehicle Batteries Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Passenger Vehicle Batteries Consumption by Application
5.4.2 Asia Pacific Passenger Vehicle Batteries Consumption by Countries
5.4.3 China
5.4.4 Japan
5.4.5 South Korea
5.4.6 India
5.4.7 Australia
5.4.8 Indonesia
5.4.9 Thailand
5.4.10 Malaysia
5.4.11 Philippines
5.4.12 Vietnam
5.5 Central & South America
5.5.1 Central & South America Passenger Vehicle Batteries Consumption by Application
5.5.2 Central & South America Passenger Vehicle Batteries Consumption by Country
5.5.3 Brazil
5.6 Middle East and Africa
5.6.1 Middle East and Africa Passenger Vehicle Batteries Consumption by Application
5.6.2 Middle East and Africa Passenger Vehicle Batteries Consumption by Countries
5.6.3 GCC Countries
5.6.4 Egypt
5.6.5 South Africa

6 Market Size by Type
6.1 Global Passenger Vehicle Batteries Production by Type
6.2 Global Passenger Vehicle Batteries Revenue by Type
6.3 Passenger Vehicle Batteries Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Passenger Vehicle Batteries Breakdown Dada by Application
7.2.1 Global Passenger Vehicle Batteries Consumption by Application
7.2.2 Global Passenger Vehicle Batteries Consumption Market Share by Application (2014-2019)

8 Key Industry Players
8.1 A123 Systems
8.1.1 A123 Systems Company Details
8.1.2 Production and Revenue of Passenger Vehicle Batteries
8.1.3 A123 Systems Passenger Vehicle Batteries Product Description
8.1.4 SWOT Analysis
8.1.5 A123 Systems Economic Activity & Plans
8.2 BYD
8.2.1 BYD Company Details
8.2.2 Production and Revenue of Passenger Vehicle Batteries
8.2.3 BYD Passenger Vehicle Batteries Product Description
8.2.4 SWOT Analysis
8.2.5 BYD Economic Activity & Plans
8.3 East Penn Manufacturing
8.3.1 East Penn Manufacturing Company Details
8.3.2 Production and Revenue of Passenger Vehicle Batteries
8.3.3 East Penn Manufacturing Passenger Vehicle Batteries Product Description
8.3.4 SWOT Analysis
8.3.5 East Penn Manufacturing Economic Activity & Plans
8.4 Enersys
8.4.1 Enersys Company Details
8.4.2 Production and Revenue of Passenger Vehicle Batteries
8.4.3 Enersys Passenger Vehicle Batteries Product Description
8.4.4 SWOT Analysis
8.4.5 Enersys Economic Activity & Plans
8.5 Exide Technologies
8.5.1 Exide Technologies Company Details
8.5.2 Production and Revenue of Passenger Vehicle Batteries
8.5.3 Exide Technologies Passenger Vehicle Batteries Product Description
8.5.4 SWOT Analysis
8.5.5 Exide Technologies Economic Activity & Plans
8.6 GS Yuasa
8.6.1 GS Yuasa Company Details
8.6.2 Production and Revenue of Passenger Vehicle Batteries
8.6.3 GS Yuasa Passenger Vehicle Batteries Product Description
8.6.4 SWOT Analysis
8.6.5 GS Yuasa Economic Activity & Plans
8.7 Toshiba
8.7.1 Toshiba Company Details
8.7.2 Production and Revenue of Passenger Vehicle Batteries
8.7.3 Toshiba Passenger Vehicle Batteries Product Description
8.7.4 SWOT Analysis
8.7.5 Toshiba Economic Activity & Plans
8.8 Samsung SDI
8.8.1 Samsung SDI Company Details
8.8.2 Production and Revenue of Passenger Vehicle Batteries
8.8.3 Samsung SDI Passenger Vehicle Batteries Product Description
8.8.4 SWOT Analysis
8.8.5 Samsung SDI Economic Activity & Plans
8.9 Panasonic
8.9.1 Panasonic Company Details
8.9.2 Production and Revenue of Passenger Vehicle Batteries
8.9.3 Panasonic Passenger Vehicle Batteries Product Description
8.9.4 SWOT Analysis
8.9.5 Panasonic Economic Activity & Plans
8.10 NEC
8.10.1 NEC Company Details
8.10.2 Production and Revenue of Passenger Vehicle Batteries
8.10.3 NEC Passenger Vehicle Batteries Product Description
8.10.4 SWOT Analysis
8.10.5 NEC Economic Activity & Plans
8.11 LG Chem
8.12 Johnson Controls
8.13 Hitachi

9 Entry Strategy for Key Countries
9.1 Entry Strategy for United States Market
9.2 Entry Strategy for China Market
9.3 Entry Strategy for India Market

10 Production Forecasts
10.1 Passenger Vehicle Batteries Production and Revenue Forecast
10.1.1 Global Passenger Vehicle Batteries Production Forecast 2019-2025
10.1.2 Global Passenger Vehicle Batteries Revenue Forecast 2019-2025
10.2 Passenger Vehicle Batteries Production and Revenue Forecast by Regions
10.2.1 Global Passenger Vehicle Batteries Revenue Forecast by Regions
10.2.2 Global Passenger Vehicle Batteries Production Forecast by Regions
10.3 Passenger Vehicle Batteries Key Producers Forecast
10.3.1 United States
10.3.2 Europe
10.3.3 China
10.3.4 Japan
10.3.5 South Korea
10.3.6 India
10.4 Forecast by Type
10.4.1 Global Passenger Vehicle Batteries Production Forecast by Type
10.4.2 Global Passenger Vehicle Batteries Revenue Forecast by Type

11 Consumption Forecast
11.1 Passenger Vehicle Batteries Consumption Forecast by Application
11.2 Passenger Vehicle Batteries Consumption Forecast by Regions
11.3 North America Market Consumption Forecast
11.3.1 North America Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025
11.3.2 United States
11.3.3 Canada
11.3.4 Mexico
11.4 Europe Market Consumption Forecast
11.4.1 Europe Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025
11.4.2 Germany
11.4.3 France
11.4.4 UK
11.4.5 Italy
11.4.6 Russia
11.5 Asia Pacific Market Consumption Forecast
11.5.1 Asia Pacific Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025
11.5.2 China
11.5.3 Japan
11.5.4 South Korea
11.5.5 India
11.5.6 Australia
11.5.7 Indonesia
11.5.8 Thailand
11.5.9 Malaysia
11.5.10 Philippines
11.5.11 Vietnam
11.6 Central & South America Market Consumption Forecast
11.6.1 Central & South America Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025
11.6.2 Brazil
11.7 Middle East and Africa Market Consumption Forecast
11.7.1 Middle East and Africa Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025
11.7.2 GCC Countries
11.7.3 Egypt
11.7.4 South Africa


12 Opportunities & Challenges, Threat and Affecting Factors
12.1 Market Opportunities
12.2 Market Challenges
12.3 Porter's Five Forces Analysis

13 Key Findings in the Global Passenger Vehicle Batteries Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer


List of Tables and Figures

Figure Passenger Vehicle Batteries Product Picture
Table Passenger Vehicle Batteries Key Market Segments in This Study
Table Key Manufacturers Passenger Vehicle Batteries Covered in This Study
Table Major Manufacturers Passenger Vehicle Batteries Sales to top 10 OEMs in 2018 (Supply Relationship)
Table Global Passenger Vehicle Batteries Market Size Growth Rate by Type 2019-2025 (K Units) & (Million US$)
Figure Global Passenger Vehicle Batteries Production Market Share 2014-2025
Figure Lithium-ion Based Product Picture
Table Major Manufacturers of Lithium-ion Based
Figure Nickel-Based Product Picture
Table Major Manufacturers of Nickel-Based
Figure Lead-acid Based Product Picture
Table Major Manufacturers of Lead-acid Based
Figure Sodium-ion Based Product Picture
Table Major Manufacturers of Sodium-ion Based
Table Global Passenger Vehicle Batteries Market Size Growth Rate by Application 2019-2025 (K Units)
Figure Internal Combustion Engine Vehicles
Figure Start Stop Vehicles
Figure Advanced Start-Stop Vehicles
Figure Micro-Hybrid Vehicles
Figure Hybrid Electric Vehicles
Figure Passenger Vehicle Batteries Report Years Considered
Figure Global Passenger Vehicle Batteries Revenue 2014-2025 (Million US$)
Figure Global Passenger Vehicle Batteries Production 2014-2025 (K Units)
Table Global Passenger Vehicle Batteries Market Size Growth Rate by Regions 2019-2025(K Units) & (Million US$)
Table Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table Passenger Vehicle Batteries Manufacturing Base Distribution and Headquarters
Table Manufacturers Passenger Vehicle Batteries Product Offered
Table Date of Manufacturers Enter into Passenger Vehicle Batteries Market
Table Global Passenger Vehicle Batteries Production by Manufacturers (2014-2019) (K Units)
Table Global Passenger Vehicle Batteries Production Share by Manufacturers (2014-2019)
Figure Global Passenger Vehicle Batteries Production Share by Manufacturers in 2018
Table Passenger Vehicle Batteries Revenue by Manufacturers (2014-2019) (Million US$)
Figure Passenger Vehicle Batteries Value Share by Manufacturers in 2019
Table Passenger Vehicle Batteries Revenue Share by Manufacturers (2014-2019)
Table Passenger Vehicle Batteries Price by Manufacturers 2014-2019 (USD/Unit)
Table Mergers & Acquisitions, Expansion Plans
Table Global Passenger Vehicle Batteries Production by Regions 2014-2019 (K Units)
Table Global Passenger Vehicle Batteries Production Market Share by Regions 2014-2019
Figure Global Passenger Vehicle Batteries Production Market Share by Regions 2014-2019
Figure Global Passenger Vehicle Batteries Production Market Share by Regions in 2018
Table Global Passenger Vehicle Batteries Revenue by Regions 2014-2019 (Million US$)
Table Global Passenger Vehicle Batteries Revenue Market Share by Regions 2014-2019
Figure Global Passenger Vehicle Batteries Revenue Market Share by Regions 2014-2019
Figure Global Passenger Vehicle Batteries Revenue Market Share by Regions in 2018
Figure United States Passenger Vehicle Batteries Production and Growth Rate 2014-2019 (K Units)
Figure United States Passenger Vehicle Batteries Revenue and Growth Rate 2014-2019 (Million US$)
Table United States Passenger Vehicle Batteries Import & Export
Figure Europe Passenger Vehicle Batteries Production and Growth Rate 2014-2019 (K Units)
Figure Europe Passenger Vehicle Batteries Revenue and Growth Rate 2014-2019 (Million US$)
Table Europe Passenger Vehicle Batteries Import & Export
Figure China Passenger Vehicle Batteries Production and Growth Rate 2014-2019 (K Units)
Figure China Passenger Vehicle Batteries Revenue and Growth Rate 2014-2019 (Million US$)
Table China Passenger Vehicle Batteries Import & Export
Figure Japan Passenger Vehicle Batteries Production and Growth Rate 2014-2019 (K Units)
Figure Japan Passenger Vehicle Batteries Revenue and Growth Rate 2014-2019 (Million US$)
Table Japan Passenger Vehicle Batteries Import & Export
Figure South Korea Passenger Vehicle Batteries Production and Growth Rate 2014-2019 (K Units)
Figure South Korea Passenger Vehicle Batteries Revenue and Growth Rate 2014-2019 (Million US$)
Table South Korea Passenger Vehicle Batteries Import & Export
Figure India Passenger Vehicle Batteries Production and Growth Rate 2014-2019 (K Units)
Figure India Passenger Vehicle Batteries Revenue and Growth Rate 2014-2019 (Million US$)
Table India Passenger Vehicle Batteries Import & Export
Table Global Passenger Vehicle Batteries Consumption by Regions 2014-2019 (K Units)
Table Global Passenger Vehicle Batteries Consumption Market Share by Regions 2014-2019
Figure Global Passenger Vehicle Batteries Consumption Market Share by Regions 2014-2019
Figure Global Passenger Vehicle Batteries Consumption Market Share by Regions in 2018
Figure North America Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Table North America Passenger Vehicle Batteries Consumption by Application (2014-2019) (K Units)
Figure 2018 North America Passenger Vehicle Batteries Consumption Market Share by Application
Table North America Passenger Vehicle Batteries Consumption by Countries (2014-2019) (K Units)
Figure 2018 North America Passenger Vehicle Batteries Consumption Market Share by Countries
Figure United States Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Canada Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Mexico Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Europe Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Table Europe Passenger Vehicle Batteries Consumption by Application (2014-2019) (K Units)
Figure 2018 Europe Passenger Vehicle Batteries Consumption Market Share by Application
Table Europe Passenger Vehicle Batteries Consumption by Countries (2014-2019) (K Units)
Figure 2018 Europe Passenger Vehicle Batteries Consumption Market Share by Countries
Figure Germany Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure France Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure UK Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Italy Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Russia Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Asia Pacific Passenger Vehicle Batteries Consumption and Growth Rate (K Units)
Table Asia Pacific Passenger Vehicle Batteries Consumption by Application (2014-2019) (K Units)
Table Asia Pacific Passenger Vehicle Batteries Consumption Market Share by Application (2014-2019) (K Units)
Table Asia Pacific Passenger Vehicle Batteries Consumption by Countries (2014-2019) (K Units)
Table Asia Pacific Passenger Vehicle Batteries Consumption Market Share by Countries (2014-2019) (K Units)
Figure China Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Japan Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Korea Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure India Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Australia Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Indonesia Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Thailand Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Malaysia Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Philippines Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Vietnam Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Central & South America Passenger Vehicle Batteries Consumption and Growth Rate (K Units)
Table Central & South America Passenger Vehicle Batteries Consumption by Application (2014-2019) (K Units)
Figure 2018 Central & South America Passenger Vehicle Batteries Consumption Market Share by Application
Table Central & South America Passenger Vehicle Batteries Consumption by Countries (2014-2019) (K Units)
Figure Central & South America Passenger Vehicle Batteries Consumption Market Share by Countries
Figure Brazil Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Middle East and Africa Passenger Vehicle Batteries Consumption and Growth Rate (K Units)
Table Middle East and Africa Passenger Vehicle Batteries Consumption by Application (2014-2019) (K Units)
Figure 2018 Middle East and Africa Passenger Vehicle Batteries Consumption Market Share by Application
Table Middle East and Africa Passenger Vehicle Batteries Consumption by Countries (2014-2019) (K Units)
Figure Middle East and Africa Passenger Vehicle Batteries Consumption Market Share by Countries
Figure GCC Countries Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure Egypt Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Figure South Africa Passenger Vehicle Batteries Consumption and Growth Rate (2014-2019) (K Units)
Table Global Passenger Vehicle Batteries Production by Type (2014-2019) (K Units)
Table Global Passenger Vehicle Batteries Production Share by Type (2014-2019)
Figure Global Passenger Vehicle Batteries Production Market Share by Type (2014-2019)
Figure Global Passenger Vehicle Batteries Production Market Share by Type in 2018
Table Global Passenger Vehicle Batteries Revenue by Type (2014-2019) (Million US$)
Table Global Passenger Vehicle Batteries Revenue Share by Type (2014-2019)
Figure Global Passenger Vehicle Batteries Revenue Market Share by Type (2014-2019)
Figure Global Passenger Vehicle Batteries Revenue Market Share by Type in 2018
Table Passenger Vehicle Batteries Price by Type 2014-2019 (USD/Unit)
Table Global Passenger Vehicle Batteries Consumption by Application (2014-2019) (K Units)
Table Global Passenger Vehicle Batteries Consumption by Application (2014-2019) (K Units)
Table Global Passenger Vehicle Batteries Consumption Share by Application (2014-2019)
Figure Global Passenger Vehicle Batteries Consumption Market Share by Application (2014-2019)
Figure Global Passenger Vehicle Batteries Value (Consumption) Market Share by Application (2014-2019)
Table A123 Systems Company Details
Table A123 Systems Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure A123 Systems Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure A123 Systems Passenger Vehicle Batteries Production Market Share in Global Market
Figure A123 Systems SWOT Analysis
Table BYD Company Details
Table BYD Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure BYD Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure BYD Passenger Vehicle Batteries Production Market Share in Global Market
Figure BYD SWOT Analysis
Table East Penn Manufacturing Company Details
Table East Penn Manufacturing Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure East Penn Manufacturing Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure East Penn Manufacturing Passenger Vehicle Batteries Production Market Share in Global Market
Figure East Penn Manufacturing SWOT Analysis
Table Enersys Company Details
Table Enersys Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Enersys Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure Enersys Passenger Vehicle Batteries Production Market Share in Global Market
Figure Enersys SWOT Analysis
Table Exide Technologies Company Details
Table Exide Technologies Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Exide Technologies Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure Exide Technologies Passenger Vehicle Batteries Production Market Share in Global Market
Figure Exide Technologies SWOT Analysis
Table GS Yuasa Company Details
Table GS Yuasa Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure GS Yuasa Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure GS Yuasa Passenger Vehicle Batteries Production Market Share in Global Market
Figure GS Yuasa SWOT Analysis
Table Toshiba Company Details
Table Toshiba Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Toshiba Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure Toshiba Passenger Vehicle Batteries Production Market Share in Global Market
Figure Toshiba SWOT Analysis
Table Samsung SDI Company Details
Table Samsung SDI Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Samsung SDI Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure Samsung SDI Passenger Vehicle Batteries Production Market Share in Global Market
Figure Samsung SDI SWOT Analysis
Table Panasonic Company Details
Table Panasonic Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Panasonic Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure Panasonic Passenger Vehicle Batteries Production Market Share in Global Market
Figure Panasonic SWOT Analysis
Table NEC Company Details
Table NEC Passenger Vehicle Batteries Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure NEC Passenger Vehicle Batteries Production Growth Rate (2014-2019)
Figure NEC Passenger Vehicle Batteries Production Market Share in Global Market
Figure NEC SWOT Analysis
Table LG Chem Company Details
Table Johnson Controls Company Details
Table Hitachi Company Details
Table Entry Strategy for United States Market
Table Entry Strategy for China Market
Table Entry Strategy for India Market
Figure Global Passenger Vehicle Batteries Production Forecast 2019-2025 (K Units)
Figure Global Passenger Vehicle Batteries Revenue Forecast 2019-2025 (Million US$)
Table Global Passenger Vehicle Batteries Revenue Forecast 2019-2025 (Million US$)
Table Global Passenger Vehicle Batteries Revenue Forecast by Regions 2019-2025 (Million US$)
Figure Global Passenger Vehicle Batteries Revenue Forecast by Regions 2019-2025 (Million US$)
Figure Global Passenger Vehicle Batteries Revenue Market Share Forecast by Regions 2019-2025
Table Global Passenger Vehicle Batteries Production Forecast by Regions 2019-2025 (K Units)
Figure Global Passenger Vehicle Batteries Production Forecast by Regions 2019-2025 (K Units)
Figure Global Passenger Vehicle Batteries Production Market Share Forecast by Regions 2019-2025
Figure United States Passenger Vehicle Batteries Production Forecast 2019-2025 (K Units)
Figure United States Passenger Vehicle Batteries Revenue Forecast 2019-2025 (Million US$)
Figure Europe Passenger Vehicle Batteries Production Forecast 2019-2025 (K Units)
Figure Europe Passenger Vehicle Batteries Revenue Forecast 2019-2025 (Million US$)
Figure China Passenger Vehicle Batteries Production Forecast 2019-2025 (K Units)
Figure China Passenger Vehicle Batteries Revenue Forecast 2019-2025 (Million US$)
Figure Japan Passenger Vehicle Batteries Production Forecast 2019-2025 (K Units)
Figure Japan Passenger Vehicle Batteries Revenue Forecast 2019-2025 (Million US$)
Figure South Korea Passenger Vehicle Batteries Production Forecast 2019-2025 (K Units)
Figure South Korea Passenger Vehicle Batteries Revenue Forecast 2019-2025 (Million US$)
Figure India Passenger Vehicle Batteries Production Forecast 2019-2025 (K Units)
Figure India Passenger Vehicle Batteries Revenue Forecast 2019-2025 (Million US$)
Table Global Passenger Vehicle Batteries Production Forecast by Type 2019-2025 (K Units)
Figure Global Passenger Vehicle Batteries Production Forecast by Type 2019-2025 (K Units)
Figure Global Passenger Vehicle Batteries Production Market Share Forecast by Type 2019-2025
Table Global Passenger Vehicle Batteries Revenue Forecast by Type 2019-2025 (Million US$)
Figure Global Passenger Vehicle Batteries Revenue Forecast by Type 2019-2025 (Million US$)
Figure Global Passenger Vehicle Batteries Revenue Market Share Forecast by Type 2019-2025
Table Global Passenger Vehicle Batteries Consumption Forecast by Application 2019-2025 (K Units)
Figure Global Passenger Vehicle Batteries Consumption Forecast by Application 2019-2025 (K Units)
Figure Global Passenger Vehicle Batteries Consumption Market Share Forecast by Application 2019-2025
Table Global Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025 (K Units)
Figure Global Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025 (K Units)
Figure Global Passenger Vehicle Batteries Consumption Market Share Forecast by Regions 2019-2025
Table North America Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025 (K Units)
Figure United States Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Canada Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure MexicoPassenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Table Europe Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025 (K Units)
Figure Germany Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure France Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure UK Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Italy Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Russia Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Table Asia Pacific Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025 (K Units)
Figure China Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Japan Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Korea Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure India Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Australia Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Indonesia Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Thailand Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Malaysia Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Philippines Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Vietnam Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Table Central & South America Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025 (K Units)
Figure Brazil Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Table Middle East and Africa Passenger Vehicle Batteries Consumption Forecast by Regions 2019-2025 (K Units)
Figure Middle East and Africa Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure GCC Countries Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure Egypt Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Figure South Africa Passenger Vehicle Batteries Consumption Forecast 2019-2025 (K Units)
Table Porter's Five Forces Analysis
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now letā€™s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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