Market by Vehicle Type, Battery Type, End-user, and Country | Forecast 2021-2028
According
to Triton’s report, the Asia-Pacific electric vehicle battery market is likely
to register growth at a compound annual growth rate of 17.09% during the
forecasted period 2021-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries considered in this market include:
• India
• China
• Japan
• Australia & New Zealand
• South Korea
• Singapore
• Rest of Asia-Pacific
In
the region, China dominates the EV battery supply chain due to its long-term
contracts with raw material suppliers. Further, prominent battery
manufacturers, including Panasonic and Samsung SDI, have set up operations
across the region, adding to the studied market’s progress. Other than this,
the rising population and industrialization in India and China have enhanced
the demand for electric vehicles. Moreover, cheap labor, raw materials,
government support, and rising economies are another set of factors driving the
development of the electric vehicle battery market within the APAC region.
Furthermore,
China is leading in the EV battery supply chain. For instance, it is among the
top five nations with the most lithium resources, as per the 2020 USGS.
Moreover, the country is purchasing stakes in mining operations within
Australia and South America, where a majority of the world’s lithium reserves
are located. Besides, Ganfeng Lithium has devised a long-term contract to
countersign all lithium raw materials generated by Mount Marion mine in
Australia. Therefore, these factors suggest that the Chinese electric vehicle
battery market is likely to witness growth in the upcoming years.
CALB
(China Lithium Battery Technology Co Ltd) is a high-tech company specializing
in R&D, sales, and market application development of lithium batteries,
energy storage batteries, and related integrated products. Its product line
includes two systems, namely, NCM and lithium-ion phosphate, that have passed
the authoritative quality system certification, as well as international
certifications. CALB is headquartered in China.
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VIEW REPORT1. ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY
INSIGHTS
2.1.1. INCREASED
INVESTMENTS IN THE ELECTRIC VEHICLE MARKET
2.1.2. NEED
FOR SUBSIDIES IN BATTERY RECYCLING
2.2. IMPACT
OF COVID-19 ON ELECTRIC VEHICLE BATTERY MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS MATRIX
2.5. INDUSTRY
COMPONENTS
2.5.1. RAW
MATERIAL MINING
2.5.2. BATTERY
CELL
2.5.3. BATTERY
MODULE
2.5.4. BATTERY
PACK
2.5.5. END-USER
2.5.6. END OF
LIFE PROCESSES
2.6. VENDOR
SCORECARD
2.7. TECHNOLOGY
ANALYSIS
2.7.1. LI-ION
BATTERY BASED ON VARIATION IN CATHODE MATERIAL
2.7.1.1. NCM
(LITHIUM-COBALT-MANGANESE-OXIDE)
2.7.1.2. NCA
(LITHIUM NICKEL COBALT ALUMINUM OXIDE)
2.7.1.3. LFP
(LITHIUM IRON PHOSPHATE)
2.7.2. SOLID
STATE BATTERIES
2.8. RAW
MATERIAL ANALYSIS
2.8.1. KEY
RAW MATERIALS
2.8.2. COUNTRIES
HAVING HIGH DEPOSITS OF KEY RAW MATERIALS
2.8.2.1. LITHIUM
2.8.2.2. MANGANESE
2.8.2.3. NICKEL
2.8.2.4. COBALT
2.8.2.5. GRAPHITE
2.9. KEY
MARKET STRATEGIES
2.9.1. CONTRACTS
& PARTNERSHIPS
2.9.2. BUSINESS
EXPANSIONS & DIVESTITURES
2.9.3. ACQUISITIONS
& MERGERS
2.9.4. NEW
PRODUCT LAUNCHES
2.10. INDUSTRY
PLAYER POSITIONING
2.11. MARKET
DRIVERS
2.11.1. GROWING
ELECTRIC VEHICLES MARKET
2.11.2. GOVERNMENTAL
INCENTIVES AND PROMOTION
2.11.3. DEVELOPMENTS
IN BATTERY TECHNOLOGY
2.11.4. GROWTH
IN PUBLIC CHARGING INFRASTRUCTURE
2.12. MARKET
CHALLENGES
2.12.1. ISSUES
IN RAW MATERIAL PROCUREMENT
2.12.2. HIGH
CHARGING TIME FOR BATTERIES
2.12.3. SAFETY
CONCERNS
2.13. MARKET
OPPORTUNITIES
2.13.1. EMERGENCE
OF SHARED E-MOBILITY HELPING BATTERY SWAPPING SEGMENT
2.13.2. IMPROVEMENTS
IN VEHICLE-TO-GRID (V2G) TECHNOLOGIES
3. ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET – BY VEHICLE TYPE
3.1. BATTERY
ELECTRIC VEHICLE
3.2. HYBRID
ELECTRIC VEHICLE
3.3. PLUG-IN
HYBRID ELECTRIC VEHICLE
4. ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET - BY BATTERY TYPE
4.1. LEAD
ACID
4.2. NICKEL-METAL
HYDRIDE
4.3. LITHIUM-ION
5. ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET - BY END-USER
5.1. COMMERCIAL
VEHICLE
5.2. PASSENGER
CAR
5.3. OTHER
END-USERS
6. ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET – REGIONAL OUTLOOK
6.1. CHINA
6.2. JAPAN
6.3. INDIA
6.4. SOUTH
KOREA
6.5. SINGAPORE
6.6. AUSTRALIA
& NEW ZEALAND
6.7. REST
OF ASIA-PACIFIC
7. COMPETITIVE
LANDSCAPE
7.1. MARKET
SHARE ANALYSIS
7.2. COMPANY
PROFILES
7.2.1. CATL
7.2.2. LG
ENSOL
7.2.3. PANASONIC
7.2.4. SAMSUNG
SDI
7.2.5. SK
INNOVATION
7.2.6. BYD
7.2.7. CALB
7.2.8. VEHICLE
ENERGY JAPAN CO LTD
7.2.9. TOSHIBA
CORPORATION
7.2.10. LITHIUM
ENERGY JAPAN
7.2.11. ENVISION
AESC
7.2.12. A123
SYSTEMS
7.2.13. GS
YUASA
7.2.14. NORTHVOLT
AB
7.2.15. PRIME
PLANET ENERGY SOLUTIONS
8. METHODOLOGY
& SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE
1: ASIA-PACIFIC ELECTRIC VEHICLE BATTERY MARKET, COUNTRY OUTLOOK, 2021-2028 (IN
$ MILLION)
TABLE
2: MARKET ATTRACTIVENESS MATRIX
TABLE
3: VENDOR SCORECARD
TABLE
4: MAJOR ELECTRIC VEHICLE KEY RAW MATERIALS PRODUCERS
TABLE
5: LIST OF CONTRACTS & PARTNERSHIPS
TABLE
6: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
TABLE
7: LIST OF ACQUISITIONS & MERGERS
TABLE
8: LIST OF NEW PRODUCT LAUNCHES
TABLE
9: ASIA-PACIFIC ELECTRIC VEHICLE BATTERY MARKET, BY VEHICLE TYPE, 2021-2028 (IN
$ MILLION)
TABLE
10: ASIA-PACIFIC ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY TYPE, 2021-2028
(IN $ MILLION)
TABLE
11: ASIA-PACIFIC ELECTRIC VEHICLE BATTERY MARKET, BY END-USER, 2021-2028 (IN $
MILLION)
TABLE
12: ASIA-PACIFIC ELECTRIC VEHICLE BATTERY MARKET, BY COUNTRY OUTLOOK,
2021-2028, (IN $ MILLION)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: SNAPSHOT OF A
TYPICAL NCM BATTERY
FIGURE 4: SNAPSHOT OF A
TYPICAL NCA BATTERY
FIGURE 5: SNAPSHOT OF A
TYPICAL LFP BATTERY
FIGURE 6: INDUSTRY PLAYER
POSITIONING IN 2020 (IN %)
FIGURE 7: ELECTRIC VEHICLE
SALES, IN UNITS, 2010-2020
FIGURE 8: LITHIUM-ION BATTERY
PRICE PER KWH (2010-2020)
FIGURE 9: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY VEHICLE TYPE, 2020 & 2028 (IN %)
FIGURE 10: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY ELECTRIC VEHICLE, 2021-2028 (IN $
MILLION)
FIGURE 11: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY HYBRID ELECTRIC VEHICLE, 2021-2028 (IN $
MILLION)
FIGURE 12: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY PLUG-IN HYBRID ELECTRIC VEHICLE, 2021-2028
(IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY TYPE, 2020 & 2028 (IN %)
FIGURE 14: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY LEAD ACID, 2021-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC ELECTRIC
VEHICLE BATTERY MARKET, BY NICKEL METAL HYDRIDE, 2021-2028 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY LITHIUM-ION, 2021-2028 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY END-USER, 2020 & 2028 (IN %)
FIGURE 18: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY COMMERCIAL VEHICLE, 2021-2028 (IN $
MILLION)
FIGURE 19: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY PASSENGER CAR, 2021-2028 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC
ELECTRIC VEHICLE BATTERY MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)
FIGURE 22: CHINA ELECTRIC
VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)
FIGURE 23: JAPAN ELECTRIC
VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)
FIGURE 24: INDIA ELECTRIC
VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)
FIGURE 25: SOUTH KOREA
ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: SINGAPORE ELECTRIC
VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: AUSTRALIA & NEW
ZEALAND ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: REST OF
ASIA-PACIFIC ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)
FIGURE 29: MARKET SHARE
ANALYSIS, 2020 (IN %)