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Global Light Vehicle Batteries Market: By Application: ICEV, EV, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments

Global Light Vehicle Batteries Market Outlook

The global light vehicle batteries market is expected to grow at a CAGR of 9% during the forecast period of 2022-2027.

 

Global Light Vehicle Batteries Market

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Light car batteries are rechargeable batteries used in light internal combustion engine cars (ICEVs) to start lighting and ignition applications and for energy propulsion in light electric vehicles (EVs). The light vehicle batteries market is being driven by the rising sales of electric vehicles.

 

Market Segmentation

The light vehicle batteries industry can be segmented into applications and regions.

 

Global Light Vehicle Batteries Market By Application

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Based on its application, the light vehicle batteries market can be segmented as:

  • ICEV
  • EV 
  • Others

The EMR report looks into the regional markets of light vehicle batteries like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Light Vehicle Batteries Market

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Market Analysis

Factors such as the rising global passenger car manufacturing and light commercial vehicles will play an essential part in maintaining the market position in the inner combustion engine vehicle (ICEV) segment. The stringent legislation on automotive CHG emissions, increasing urbanization, and decreasing Li-ion battery prices are expected to propel the industry further forward. However, the widening the disparity between lithium demand and supply, strict legislation against lead emissions, and the absence of EV charging facilities can hamper the development of the light vehicle batteries market over the forecast time.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global light vehicle batteries market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • A123 Systems LLC
  • East Penn Manufacturing Co. Inc.
  • GS Yuasa Corp. 
  • LG Chem Ltd. (OTCMKTS: LGCLF)
  • Samsung SDI Co. Ltd. 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application ICEV, EV, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered A123 Systems LLC, East Penn Manufacturing Co. Inc., GS Yuasa Corp. (TYO: 6674), LG Chem Ltd. (KRX: 051910), Samsung SDI Co. Ltd. (KRX: 006400), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Light Vehicle Batteries Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Light Vehicle Batteries Historical Market (2017-2021) 
    8.3    Global Light Vehicle Batteries Market Forecast (2022-2027)
    8.4    Global Light Vehicle Batteries Market by Application
        8.4.1    ICEV
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    EV
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Others
    8.5    Global Light Vehicle Batteries Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.2    Europe Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.3    Asia Pacific Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.4    Latin America Historical Price Trends (2017-2021) and Forecast (2022-2027)
    12.5    Middle East and Africa Historical Price Trends (2017-2021) and Forecast (2022-2027)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    A123 Systems, LLC
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    East Penn Manufacturing Company
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    GS Yuasa Corporation (TYO: 6674)
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    LG Energy Solution
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Samsung SDI Co. Ltd. (KRX: 006400)
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Others
14    Industry Events and Developments


List of Key Figures and Tables

1.    Global Light Vehicle Batteries Market: Key Industry Highlights, 2017 and 2027
2.    Global Light Vehicle Batteries Historical Market: Breakup by Application (USD Million), 2017-2021
3.    Global Light Vehicle Batteries Market Forecast: Breakup by Application (USD Million), 2022-2027
4.    Global Light Vehicle Batteries Historical Market: Breakup by Region (USD Million), 2017-2021
5.    Global Light Vehicle Batteries Market Forecast: Breakup by Region (USD Million), 2022-2027
6.    North America Light Vehicle Batteries Historical Market: Breakup by Country (USD Million), 2017-2021
7.    North America Light Vehicle Batteries Market Forecast: Breakup by Country (USD Million), 2022-2027
8.    Europe Light Vehicle Batteries Historical Market: Breakup by Country (USD Million), 2017-2021
9.    Europe Light Vehicle Batteries Market Forecast: Breakup by Country (USD Million), 2022-2027
10.    Asia Pacific Light Vehicle Batteries Historical Market: Breakup by Country (USD Million), 2017-2021
11.    Asia Pacific Light Vehicle Batteries Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Latin America Light Vehicle Batteries Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Latin America Light Vehicle Batteries Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Middle East and Africa Light Vehicle Batteries Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Middle East and Africa Light Vehicle Batteries Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Global Light Vehicle Batteries Market Structure

Key Questions Answered in the Report

The global light vehicle batteries market is projected to grow at a CAGR of nearly 9% in the forecast period of 2022-2027.

The major drivers of the industry include rising disposable incomes, increasing population, growing sales of electric vehicles, and the reducing Li-ion battery prices.

The strict legislation on automotive CHG emissions is expected to be a key trend guiding the growth of the industry.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.

The leading application segments of the product include ICEV and EV, among others.

The leading players in the market are A123 Systems LLC, East Penn Manufacturing Co. Inc., GS Yuasa Corp., LG Chem Ltd., and Samsung SDI Co. Ltd., among others.

Analyst Review

The global light vehicle batteries market is majorly being driven by the rising sales of electric vehicles. Aided by the declining Li-ion battery prices, the industry is expected to witness a healthy growth in the forecast period of 2022-2027, growing at a CAGR of 9% in the forecast period of 2022 and 2027.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on applications, the market can be segmented into ICEV and EV, among others. The major regional markets for light vehicle batteries are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include A123 Systems LLC, East Penn Manufacturing Co. Inc., GS Yuasa Corp., LG Chem Ltd., and Samsung SDI Co. Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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