The market for electric vehicle batteries in the United States is anticipated to reach a value of more than US$ 9.2 billion by the end of 2032, up from US$ 5.4 billion in 2022, and to grow at a 5.4% CAGR over the assessment years 2022-2032. By 2032, it is anticipated that the U.S. market for electric car batteries would create an absolute dollar opportunity of US$3.8 billion.
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This market study supports many important factors relating to the U.S. Electric Vehicle Battery industry, including trends and market dynamics. This market analysis also examines Porter’s Five Forces Analysis, sales channels, distributors, market state, growth rate, future trends, market drivers, opportunities and challenges, risks, and entry barriers. When it comes to controlling the U.S. Electric Vehicle Battery market or making a name for oneself as a new emerging, analysis, and projections made with the help of significant data obtained in this market study are crucial.
Market Players Covered:
- Tesla Motors, Inc.
- General Motors
- Panasonic Corporation of North America
- Toshiba America Electronic Components Inc.
- Clarios LLC
- Crown Battery Corporation
- East Penn Manufacturing Co.
- EnerSys
- Romeo Power, Inc.
- Wanxiang Group Corporation (A123 Systems)
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the U.S. Electric Vehicle Battery.
Product Development/Innovation: Detailed insights on upcoming technologies, RandD activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Categorization of U.S. Electric Vehicle Battery Industry Survey
- U.S. Electric Vehicle Battery Market by Battery Type :
- Lithium-Ion Batteries
- Lead Acid Batteries
- Nickel Hydride Batteries
- Others
- U.S. Electric Vehicle Battery Market by Battery Capacity :
- Less than 25 kWh
- 25-50 kWh
- 50-100 kWh
- More than 100 kWh
- U.S. Electric Vehicle Battery Market by Pack Type :
- Prismatic
- Cylindrical
- Pouch
- U.S. Electric Vehicle Battery Market by Vehicle Type :
- Hybrid Electric Vehicles (HEVs)
- Plug-in Hybrid Electric Vehicles (PHEVs)
- Battery Electric Vehicles (BEVs)
- U.S. Electric Vehicle Battery Market by Vehicle Category :
- Two Wheelers
- Passenger Vehicles
- Commercial Vehicles
- LCVs
- HCVs
- Buses
- U.S. Electric Vehicle Battery Market by Sales Channel :
- OEMs
- Aftermarket
- U.S. Electric Vehicle Battery Market by Region :
- West U.S.
- South-West U.S.
- Mid-West U.S.
- North-East U.S.
- South-East U.S.
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The study further identifies major manufacturing trends, technologies that will be commercialized
- Key manufacturing trends in end-use industries;
- New technologies used in a variety of application areas
- Key manufacturing trends in end-use industries
- New technologies used in a variety of application areas; Major economic shocks, such as the recent COVID-19 pandemic
- Country markets that will emerge as hotbeds of opportunity;
- Regulatory frameworks that will shape the strategies of key players in key regions in the U.S. Electric Vehicle Battery Chemicals market
- Key technological trends and the likely rate of commercialization of novel technologies in key industries and allied industries
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