MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET 2021-2028

Automotive & Transportation | Electronics & Electric system

MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET 2021-2028

Market by Vehicle Type, Battery Type, End-user, and Country | Forecast 2021-2028

Request Free Sample

Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying

As per Triton’s research report, the electric vehicle battery market in the Middle East and Africa is likely to register growth at a compound annual growth rate of 16.25% over the forecasted period 2021-2028.

Report scope can be customized per your requirements. Request For Customization

The countries considered for analysis in this market are:

•        The United Arab Emirates

•        Turkey

•        South Africa

•        Saudi Arabia

•        Rest of Middle East & Africa

In recent years, the region has observed significant growth in the production of trucks and light hybrid electric vehicles. Moreover, as per report, governments are offering incentives to citizens, such as free electricity to recharge vehicles for a limited period to promote the growth of the electric vehicle industry. This is mainly owing to the rise in environmental concerns.

Furthermore, South Africa is facing several challenges such as a shortage of skilled workforce, insufficient innovation, and climate change. As per news reports, the country’s submission to the Paris agreement on climate change implies that the country is likely to introduce a large number of electric cars by 2050. Thus, these developments are likely to fuel the growth of the electric vehicle battery market across the Middle East and Africa region.

In the UAE, electric vehicles are gaining significant traction due to the drop in their costs. Besides, Dubai is working towards electrification, launching several initiatives to encourage sustainable choices among residents. For instance, the government signed a deal to include over 200 Tesla vehicles in the Dubai Taxi Corporation Fleet. Hence, the rise in electric vehicle adoption will motivate the development of the electric vehicle battery market.

GS Yuasa is involved in the manufacturing and supplying batteries, power supply systems, lighting equipment, and other products. Its business segments include overseas operations, automotive batteries, lithium-ion batteries, and industrial batteries. In addition, GS Yuasa focuses on research and development, with operations across various regions, including the Middle East and Africa. 

Related Reports

ASIA PACIFIC ELECTRIC VEHICLE MARKET 2019-2027
Automotive & Transportation

ASIA PACIFIC ELECTRIC VEHICLE MARKET 2019-2027

Market By Vehicle Type, Power ..

VIEW REPORT
ASIA-PACIFIC ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET 2019-2027
Automotive & Transportation

ASIA-PACIFIC ADVANCED DRIVER ASSISTANCE SYSTEM (ADAS) MARKET 2019-2027

Market by Vehicle, Component, ..

VIEW REPORT
ASIA-PACIFIC ATV AND UTV MARKET 2021-2028
Automotive & Transportation

ASIA-PACIFIC ATV AND UTV MARKET 2021-2028

Market by Vehicle Type, Displa ..

VIEW REPORT
ASIA-PACIFIC AUTOMATED FARE COLLECTION SYSTEM MARKET 2021-2028
Automotive & Transportation

ASIA-PACIFIC AUTOMATED FARE COLLECTION SYSTEM MARKET 2021-2028

Market by Component, Applicati ..

VIEW REPORT
ASIA-PACIFIC AUTOMOTIVE POLYCARBONATE GLAZING MARKET 2019-2027
Automotive & Transportation

ASIA-PACIFIC AUTOMOTIVE POLYCARBONATE GLAZING MARKET 2019-2027

Market by Vehicle Type, Applic ..

VIEW REPORT
ASIA-PACIFIC AUTOMOTIVE TELEMATICS MARKET 2021-2028
Automotive & Transportation

ASIA-PACIFIC AUTOMOTIVE TELEMATICS MARKET 2021-2028

Market by End-user, Vehicle, T ..

VIEW REPORT
ASIA-PACIFIC AUTONOMOUS LAST MILE DELIVERY MARKET 2021-2028
Automotive & Transportation

ASIA-PACIFIC AUTONOMOUS LAST MILE DELIVERY MARKET 2021-2028

Market by Vehicle Type, Soluti ..

VIEW REPORT
ASIA-PACIFIC E-BIKE MARKET 2021-2028
Automotive & Transportation

ASIA-PACIFIC E-BIKE MARKET 2021-2028

Market by Product, Drive Mecha ..

VIEW REPORT

Table of Content

1. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET - BY BATTERY TYPE

4.1. LEAD ACID

4.2. NICKEL-METAL HYDRIDE

4.3. LITHIUM-ION

5. MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET - BY END-USER

5.1. COMMERCIAL VEHICLE

5.2. PASSENGER CAR

5.3. OTHER END-USERS

6. MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET – REGIONAL OUTLOOK

6.1. UNITED ARAB EMIRATES

6.2. TURKEY

6.3. SAUDI ARABIA

6.4. SOUTH AFRICA

6.5. REST OF MIDDLE EAST & AFRICA

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

List of Tables

TABLE 1: MIDDLE EAST AND AFRICA 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: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY VEHICLE TYPE, 2021-2028 (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY TYPE, 2021-2028 (IN $ MILLION)

TABLE 11: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 12: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

List of Figures

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: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY VEHICLE TYPE, 2020 & 2028 (IN %)

FIGURE 10: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY ELECTRIC VEHICLE, 2021-2028 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY HYBRID ELECTRIC VEHICLE, 2021-2028 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY PLUG-IN HYBRID ELECTRIC VEHICLE, 2021-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY TYPE, 2020 & 2028 (IN %)

FIGURE 14: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY LEAD ACID, 2021-2028 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY NICKEL-METAL HYDRIDE, 2021-2028 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY LITHIUM-ION, 2021-2028 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY END USER, 2020 & 2028 (IN %)

FIGURE 18: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY COMMERCIAL VEHICLE, 2021-2028 (IN $ MILLION)

FIGURE 19: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY PASSENGER CAR, 2021-2028 (IN $ MILLION)

FIGURE 20: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

FIGURE 21: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE BATTERY MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

FIGURE 22: UNITED ARAB EMIRATES ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)

FIGURE 23: TURKEY ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: SAUDI ARABIA ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: SOUTH AFRICA ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: REST OF MIDDLE EAST & AFRICA ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)

FIGURE 27: MARKET SHARE ANALYSIS, 2020 (IN %)

Purchase Options

  • Licence Type
  • Price
  • User/Sharing
  • Printing
  • Delivery Formats
  • Free customization (Pre-sale)
  • Analyst hour support (Post Sale)
  • Customized notification for newly published report
  • Free report on update (within 180 days)

Single User PDF

$1,500.00

  • User/Sharing
  • Restricted to one authorized user
  • Printing
  • Not printable
  • Delivery Formats
  • Pdf
  • Free customization (Pre-sale)
  • 10% Free customization
  • Analyst hour support (Post Sale)
  • 3 hours
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Enterprise Online/PDF

$2,200.00

  • User/Sharing
  • Unlimited
  • Printing
  • Unlimited
  • Delivery Formats
  • Pdf and market estimation excel
  • Free customization (Pre-sale)
  • 20% Free customization
  • Analyst hour support (Post Sale)
  • 8 hour
  • Customized notification (newly published)
  • Free report on update (within 180 days)

Request free Sample

SUBMIT REQUEST
Request Custom Report

Request Custom Report

Enquire before buying

Enquire Before Buying

;