Market by Vehicle Type, Battery Type, End-user, and Country | Forecast 2021-2028
Triton’s
research report has evaluated that the North American electric vehicle battery
market is estimated to develop at a CAGR of 17.68% through the predicted years
2021-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries discussed in this market are:
• United States
• Canada
The
North American market has been at the forefront in terms of technological
advancements due to significant investments. In this regard, the electric
vehicle segment has gained considerable traction across the region, with major
companies operating across the US and Canada. Furthermore, the prominent
companies include General Motors, Tesla, and Ford Motors. Besides, the region
hosts the primary market for onboard chargers. Other than this, the high
economic development, increase in funding, and scientific innovation are other
factors influencing the demand for onboard chargers. Hence, all these
developments are widening the scope of the electric vehicle battery market
across North America.
The
United States is among the leaders in the implementation of modern technologies
in the automotive industry. Here, the government has offered various incentives
for the development and adoption of sustainable solutions. Besides, the
Advanced Research Projects Agency-Energy is set to develop alternative
solutions for limiting reliance on foreign energy imports and vehicle
technologies. Moreover, the research activities have led to the evolution of
advanced battery technologies across the country. For instance, Harvard
researchers developed solid-state lithium batteries for electric vehicles in
May 2021. Therefore, such developments are creating several opportunities for
the electric vehicle battery market across the US.
A123
Systems is a developed and manufacturer of lithium-ion batteries. It caters to
low voltage hybrids, PHEVs, commercial vehicles, and other industries. The
company has a comprehensive product portfolio, having engineering, R&D, and
call test centers within the United States. Its PHEV2 module nickel manganese
cobalt technology offers superior cycle life and abuse tolerance. A123 has
operations in various regions, including North America.
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VIEW REPORT1. NORTH
AMERICA 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. NORTH
AMERICA 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. NORTH
AMERICA ELECTRIC VEHICLE BATTERY MARKET - BY BATTERY TYPE
4.1. LEAD
ACID
4.2. NICKEL-METAL
HYDRIDE
4.3. LITHIUM-ION
5. NORTH
AMERICA ELECTRIC VEHICLE BATTERY MARKET - BY END-USER
5.1. COMMERCIAL
VEHICLE
5.2. PASSENGER
CAR
5.3. OTHER
END USERS
6. NORTH
AMERICA ELECTRIC VEHICLE BATTERY MARKET – REGIONAL OUTLOOK
6.1. UNITED
STATES
6.2. CANADA
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: NORTH AMERICA
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: NORTH AMERICA
ELECTRIC VEHICLE BATTERY MARKET, BY VEHICLE TYPE, 2021-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA
ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY TYPE, 2021-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA
ELECTRIC VEHICLE BATTERY MARKET, BY END-USER, 2021-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA
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: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY VEHICLE TYPE, 2020 &
2028 (IN %)
FIGURE
10: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY ELECTRIC VEHICLE,
2021-2028 (IN $ MILLION)
FIGURE
11: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY HYBRID ELECTRIC VEHICLE,
2021-2028 (IN $ MILLION)
FIGURE
12: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY PLUG-IN HYBRID ELECTRIC
VEHICLE, 2021-2028 (IN $ MILLION)
FIGURE
13: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY BATTERY TYPE, 2020 &
2028 (IN %)
FIGURE
14: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY LEAD ACID, 2021-2028 (IN
$ MILLION)
FIGURE
15: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY NICKEL-METAL HYDRIDE,
2021-2028 (IN $ MILLION)
FIGURE
16: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY LITHIUM-ION, 2021-2028
(IN $ MILLION)
FIGURE
17: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY END-USER, 2020 & 2028
(IN %)
FIGURE
18: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY COMMERCIAL VEHICLE,
2021-2028 (IN $ MILLION)
FIGURE
19: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY PASSENGER CAR, 2021-2028
(IN $ MILLION)
FIGURE
20: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, BY OTHER END-USERS,
2021-2028 (IN $ MILLION)
FIGURE
21: NORTH AMERICA ELECTRIC VEHICLE BATTERY MARKET, COUNTRY OUTLOOK, 2020 &
2028 (IN %)
FIGURE
22: UNITED STATES ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)
FIGURE
23: CANADA ELECTRIC VEHICLE BATTERY MARKET 2021-2028 (IN $ MILLION)
FIGURE
24: MARKET SHARE ANALYSIS, 2020, (IN %)