Global Battery Electric Vehicles Market Size, Share, and Growth & Trends Analysis By Battery Type (Lead Acid Battery, Nickel Metal Hydride Battery, Lithium ion Battery) By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler) By propulsion type (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle) By Region (North America, Asia Pacific, Europe, Middle East & Africa, South America): Regional Outlook, Growth Potential and Segments Forecast 2024-2031

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Battery Electric Vehicles Market Size, Demand and Forecast to 2031 | Insider Market Research

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The Global Battery Electric Vehicles Market size was USD $23.8 billion in 2023 and is projected to reach USD $38.2 billion by 2031, with a CAGR of 16.6 % during the forecast period.

Global Battery Electric Vehicles Market: Overview

The Battery Electric Vehicles (BEV) market is experiencing rapid evolution with several innovative advancements. Solid-state batteries, pioneered by companies like Toyota and QuantumScape, promise improved safety, higher energy density, and faster charging times. QuantumScape’s “anode-free” design with lithium metal and a ceramic separator allows a rapid charge to 80% capacity in just 15 minutes. Silicon anode batteries, championed by startups like Sila Nanotechnologies in partnership with Panasonic, offer a 20% energy density boost over traditional cells, significantly enhancing EV range. Battery passports are set to revolutionize transparency and recycling by documenting a battery’s lifecycle and composition, mandated for all EU-bound EVs by 2027. Bi-directional charging and Vehicle-to-Grid (V2G) technology enable EVs to supply electricity back to the grid, enhancing grid stability and supporting renewable energy integration. Fast charging technologies and emerging wireless charging solutions further improve EV convenience and infrastructure efficiency. These innovations are collectively driving the BEV market forward, making electric vehicles more sustainable, accessible, and pivotal in shaping a greener automotive future.

Global Battery Electric Vehicles Market: Covid-19 Impact

The COVID-19 pandemic significantly impacted the Battery Electric Vehicles (BEVs) market, causing disruptions in supply chains, manufacturing, and consumer demand. Despite initial setbacks, the sector rebounded with increased focus on sustainable transportation solutions. Governments incentivized BEV adoption to reduce emissions and enhance energy security. However, ongoing challenges include battery supply chain constraints and fluctuating raw material prices. Overall, the pandemic accelerated shifts towards electric mobility while highlighting resilience and adaptation within the BEV industry.

Global Battery Electric Vehicles Market: Growth Drivers

  • Environmental Regulations and Awareness:

Increasing stringency of emissions regulations worldwide is compelling automakers to invest heavily in BEVs to reduce carbon footprints and comply with environmental standards. Growing consumer awareness about sustainability is also driving demand for electric vehicles.

  • Technological Advancements:

Rapid advancements in battery technology, such as improved energy density and reduced costs, are making BEVs more competitive with traditional internal combustion engine vehicles. Innovations in electric drivetrains and charging infrastructure are further enhancing the appeal of BEVs.

  • Government Incentives:

Substantial government subsidies, tax credits, and incentives for both manufacturers and consumers are stimulating the adoption of BEVs. These policies aim to accelerate the transition towards electric mobility and reduce dependency on fossil fuels. 

Global Battery Electric Vehicles Market: Restraining Factors

  • High Initial Cost:

The upfront purchase price of BEVs remains higher compared to conventional vehicles, primarily due to expensive battery packs. This cost barrier can deter price-sensitive consumers despite long-term savings on fuel and maintenance.

  • Charging Infrastructure Limitations:

Insufficient charging infrastructure, particularly in rural and less developed areas, poses a significant challenge. Range anxiety and lengthy charging times deter potential buyers who require convenient and reliable charging options.

Global Battery Electric Vehicles Market:  Opportunity Factors

  • Market Expansion in Emerging Economies:

Emerging markets present untapped opportunities for BEV adoption, driven by urbanization, improving disposable incomes, and government initiatives to reduce air pollution.

  • Innovations in Battery Technology:

Continued advancements in battery technology, such as solid-state batteries and faster charging solutions, could revolutionize the BEV market by addressing current limitations and enhancing performance.

Global Battery Electric Vehicles Market: Challenges

  • Range Anxiety and Perception:

Concerns over the driving range of BEVs and consumer perception regarding reliability and convenience compared to conventional vehicles remain significant barriers to mass adoption.

  • Supply Chain Constraints:

Limited global production capacity for key components like batteries and semiconductor chips can constrain the growth of the BEV market, leading to supply chain bottlenecks and potential delays in scaling up production.

Global Battery Electric Vehicles Market: Segmentation

Based on Battery Type: The market is segmented into Lead Acid Battery, Nickel Metal Hydride Battery, Lithium ion Battery.

Based on Vehicle Type: The market is segmented into Passenger Car, Commercial Vehicle, Two-Wheeler.

Based on Propulsion Type: The market is segmented into Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle.

Global Battery Electric Vehicles Market: Regional Insights

  • North America:

In North America, the market for Battery Electric Vehicles (BEVs) has experienced notable growth driven by increasing consumer demand for sustainable transportation solutions and government incentives promoting zero-emission vehicles. The shift towards BEVs reflects a broader environmental consciousness and regulatory support aimed at reducing carbon footprints. Major automakers have ramped up production and introduced diverse models to cater to varying consumer needs, from compact urban vehicles to luxury SUVs. Technological advancements in battery efficiency and charging infrastructure have mitigated concerns about range anxiety, bolstering consumer confidence in BEVs. Additionally, collaborations between automakers and tech companies have accelerated innovation in autonomous driving and connectivity features, further enhancing the appeal of BEVs. Challenges persist, including the need for expanded charging networks and cost competitiveness against traditional internal combustion engine vehicles. Nevertheless, with growing public awareness and policy support, the BEV market in North America is poised for continued expansion, driving towards a more sustainable future in the automotive industry.

  • Asia Pacific:

The Asia Pacific region has witnessed significant growth in the battery electric vehicles (BEVs) market over recent years. This expansion is driven by several factors, including increasing environmental concerns, government incentives promoting clean energy adoption, and advancements in battery technology. Countries like China, Japan, and South Korea have emerged as key players in the region, with robust manufacturing capabilities and supportive policies for electric vehicles (EVs). China stands out as the world’s largest EV market, with substantial investments in infrastructure and research. Japan remains a leader in automotive technology, focusing on enhancing battery efficiency and vehicle performance. South Korea, home to major automakers like Hyundai and Kia, has also made significant strides in BEV production. The region’s diverse landscape presents unique challenges, such as infrastructure development and consumer adoption barriers, yet also offers immense opportunities for growth and innovation in the electric mobility sector. As environmental regulations tighten and consumer preferences shift towards sustainable transportation solutions, the Asia Pacific BEV market is poised for continued expansion and evolution.

Global Battery Electric Vehicles Market: Competitive Landscape

GS Yuasa International Ltd., BYD Company Ltd, Pride Power, Panasonic Corporation, Samsung Electronics Co. Ltd., Contemporary Amperex Technology Co., Limited., LG Chem Ltd, Wanxiang Group Corporation, Enersys.

Global Battery Electric Vehicles Market: Recent Developments

  • May 2024 – EnerSys, a global leader in stored energy solutions for industrial applications, is proud to introduce the latest innovation in its advanced NexSys power solutions lineup – the NexSys+ Outdoor charger. Featuring a NEMA 3R and IP54-rated enclosure, this charger is designed to resist dust and water, making it the perfect charging solution for equipment used in outdoor environments.
  • March 2024 – EnerSys, a global leader in stored energy solutions for industrial applications, announces a significant advancement in thin plate pure lead (TPPL) battery technology with the launch of an optional Accelerated Throughput Package (ATP) for select NexSys TPPL batteries.

Table of Content

a:2:{i:0;a:3:{s:5:”title”;s:16:”Table of Content”;s:2:”id”;s:16:”table-of-content”;s:7:”content”;s:9983:”CHAPTER 1: EXECUTIVE SUMMARY
1.1. SummaryCHAPTER 2: RESEARCH METHODOLOGY2.1. Research Process2.2. Primary Research2.3. Secondary Research2.4. Market Size Estimation2.5. Research Methodology2.6. Analyst Tools/Models/Techniques2.6.1. Notations2.7. Market Scope & Segmentation2.8. Currency & Pricing ConsideredCHAPTER 3: MARKET TRENDS3.1. Introduction3.2. Drivers3.2.1. Technological Advancements3.3. Restraints3.3.1. High Initial Cost3.4. Opportunities3.4.1. Innovations in Battery Technology3.5. Challenges3.5.1. Range Anxiety and Perception3.6. Investment Feasibility Analysis3.7. Latest TrendsCHAPTER 4: MARKET ASSESSMENT4.1. Porters Five Forces Analysis4.1.1. Bargaining Power of Suppliers4.1.2. Bargaining Power of Buyers4.1.3. Threat of New Entrants4.1.4. Threat of Substitute4.1.5. Intensity of Competitive Rivalry4.2. Value Chain Analysis4.3. Market Share Analysis4.4. Impact of Key Regulations on the Market4.5. SWOT Analysis4.6. PESTEL Analysis4.7. Patent Analysis4.7.1. By Battery Type4.7.2. By Vehicle Type4.7.3. By Propulsion Type4.8. Roadmap Development4.9. Market Lineage Outlook4.9.1. Parent Market Outlook4.9.2. Ancillary Market OutlookCHAPTER 5: IMPACT OF RECESSION ON THE MARKET5.1. Introduction5.1.1. Short Term Impact5.1.2. Long Term ImpactCHAPTER 6: GLOBAL BATTERY ELECTRIC VEHICLES MARKET, BY BATTERY TYPE6.1. Introduction6.1.1. Market Size & Forecast6.1.2. Global Battery Electric Vehicles Market Share, By Battery Type -2023 and 2031 (%)6.2. LEAD ACID BATTERY6.2.1. Key market Trends, Growth Factors, and Opportunities6.2.2. Market Size and Forecast, by Regions6.3. NICKEL METAL HYDRIDE BATTERY6.3.1. Key market Trends, Growth Factors, and Opportunities6.3.2. Market Size and Forecast, by Regions6.4. LITHIUM ION BATTERY6.4.1. Key market Trends, Growth Factors, and Opportunities6.4.2. Market Size and Forecast, by RegionsCHAPTER 7: GLOBAL BATTERY ELECTRIC VEHICLES MARKET, BY VEHICLE TYPE7.1. Introduction7.1.1. Market Size & Forecast7.1.2. Global Battery Electric Vehicles Market Share, Mode Of Operation -2023 and 2031 (%)7.2. PASSENGER CAR7.2.1. Key market Trends, Growth Factors, and Opportunities7.2.2. Market Size and Forecast, by Regions7.3. COMMERCIAL VEHICLE7.3.1. Key market Trends, Growth Factors, and Opportunities7.3.2. Market Size and Forecast, by Regions7.4. TWO-WHEELER7.4.1. Key market Trends, Growth Factors, and Opportunities7.4.2. Market Size and Forecast, by RegionsCHAPTER 8: GLOBAL BATTERY ELECTRIC VEHICLES MARKET, BY PROPULSION TYPE8.1. Introduction8.1.1. Market Size & Forecast8.1.2. Battery Electric Vehicles Market Share, By Propulsion Type -2023 and 2031 (%)8.2. BATTERY ELECTRIC VEHICLE8.2.1. Key market Trends, Growth Factors, and Opportunities8.2.2. Market Size and Forecast, by Regions8.3. HYBRID ELECTRIC VEHICLE8.3.1. Key market Trends, Growth Factors, and Opportunities8.3.2. Market Size and Forecast, by Regions8.4. PLUG-IN HYBRID ELECTRIC VEHICLE8.4.1. Key market Trends, Growth Factors, and Opportunities8.4.2. Market Size and Forecast, by RegionsCHAPTER 9: NORTH AMERICA MARKET ANALYSIS9.1. Introduction9.2. Battery Electric Vehicles Market by Country9.3. North America Battery Electric Vehicles Market by Country, USD Million 2019-20319.3.1. Market Size & Forecast, By Battery Type9.3.2. Market Size & Forecast, By Vehicle Type9.3.3. Market Size & Forecast, By Propulsion Type9.4. U.S.9.4.1. Market Size & Forecast, By Battery Type9.4.2. Market Size & Forecast, By Vehicle Type9.4.3. Market Size & Forecast, By Propulsion Type9.5. Canada9.5.1. Market Size & Forecast, By Battery Type9.5.2. Market Size & Forecast, By Vehicle Type9.5.3. Market Size & Forecast, By Propulsion TypeCHAPTER 10: EUROPE MARKET ANALYSIS10.1. Introduction10.2. Battery Electric Vehicles Market by Country10.3. Europe Battery Electric Vehicles Market by Country, USD Million 2019-203110.3.1. Market Size & Forecast, By Battery Type10.3.2. Market Size & Forecast, By Vehicle Type10.3.3. Market Size & Forecast, By Propulsion Type10.4. Germany10.4.1. Market Size & Forecast, By Battery Type10.4.2. Market Size & Forecast, By Vehicle Type10.4.3. Market Size & Forecast, By Propulsion Type10.5. France10.5.1. Market Size & Forecast, By Battery Type10.5.2. Market Size & Forecast, By Vehicle Type10.5.3. Market Size & Forecast, By Propulsion Type10.6. U.K.10.6.1. Market Size & Forecast, By Battery Type10.6.2. Market Size & Forecast, By Vehicle Type10.6.3. Market Size & Forecast, By Propulsion Type10.7. Italy10.7.1. Market Size & Forecast, By Battery Type10.7.2. Market Size & Forecast, By Vehicle Type10.7.3. Market Size & Forecast, By Propulsion Type10.8. Spain10.8.1. Market Size & Forecast, By Battery Type10.8.2. Market Size & Forecast, By Vehicle Type10.8.3. Market Size & Forecast, By Propulsion Type10.9. Benelux10.9.1. Market Size & Forecast, By Battery Type10.9.2. Market Size & Forecast, By Vehicle Type10.9.3. Market Size & Forecast, By Propulsion Type10.10. Rest of Europe10.10.1. Market Size & Forecast, By Battery Type10.10.2. Market Size & Forecast, By Vehicle Type10.10.3. Market Size & Forecast, By Propulsion TypeCHAPTER 11: ASIA-PACIFIC MARKET ANALYSIS11.1. Introduction11.2. Battery Electric Vehicles Market by Country11.3. Asia Pacific Battery Electric Vehicles Market by Country, USD Million 2019-203111.3.1. Market Size & Forecast, By Battery Type11.3.2. Market Size & Forecast, By Vehicle Type11.3.3. Market Size & Forecast, By Propulsion Type11.4. China11.4.1. Market Size & Forecast, By Battery Type11.4.2. Market Size & Forecast, By Vehicle Type11.4.3. Market Size & Forecast, By Propulsion Type11.5. India11.5.1. Market Size & Forecast, By Battery Type11.5.2. Market Size & Forecast, By Vehicle Type11.5.3. Market Size & Forecast, By Propulsion Type11.6. Japan11.6.1. Market Size & Forecast, By Battery Type11.6.2. Market Size & Forecast, By Vehicle Type11.6.3. Market Size & Forecast, By Propulsion Type11.7. Australia11.7.1. Market Size & Forecast, By Battery Type11.7.2. Market Size & Forecast, By Vehicle Type11.7.3. Market Size & Forecast, By Propulsion Type11.8. South Korea11.8.1. Market Size & Forecast, By Battery Type11.8.2. Market Size & Forecast, By Vehicle Type11.8.3. Market Size & Forecast, By Propulsion Type11.9. Souethest Asia11.9.1. Market Size & Forecast, By Battery Type11.9.2. Market Size & Forecast, By Vehicle Type11.9.3. Market Size & Forecast, By Propulsion Type11.10. Rest of Asia Pacific11.10.1. Market Size & Forecast, By Battery Type11.10.2. Market Size & Forecast, By Vehicle Type11.10.3. Market Size & Forecast, By Propulsion TypeCHAPTER 12: LATIN AMERICA AND THE CARIBBEAN MARKET ANALYSIS12.1. Introduction12.2. Battery Electric Vehicles Market by Country12.3. Latin America Battery Electric Vehicles Market by Country, USD Million 2019-203112.3.1. Market Size & Forecast, By Battery Type12.3.2. Market Size & Forecast, By Vehicle Type12.3.3. Market Size & Forecast, By Propulsion Type12.4. Brazil12.4.1. Market Size & Forecast, By Battery Type12.4.2. Market Size & Forecast, By Vehicle Type12.4.3. Market Size & Forecast, By Propulsion Type12.5. Mexico12.5.1. Market Size & Forecast, By Battery Type12.5.2. Market Size & Forecast, By Vehicle Type12.5.3. Market Size & Forecast, By Propulsion Type12.6. Rest of Latin America12.6.1. Market Size & Forecast, By Battery Type12.6.2. Market Size & Forecast, By Vehicle Type12.6.3. Market Size & Forecast, By Propulsion TypeCHAPTER 13: THE MIDDLE EAST AND AFRICA MARKET ANALYSIS13.1. Introduction13.2. Battery Electric Vehicles Market by Country13.3. MEA Battery Electric Vehicles Market by Country, USD Million 2019-203113.3.1. Market Size & Forecast, By Battery Type13.3.2. Market Size & Forecast, By Vehicle Type13.3.3. Market Size & Forecast, By Propulsion Type13.4. South Africa13.4.1. Market Size & Forecast, By Battery Type13.4.2. Market Size & Forecast, By Vehicle Type13.4.3. Market Size & Forecast, By Propulsion Type13.5. Saudi Arabia13.5.1. Market Size & Forecast, By Battery Type13.5.2. Market Size & Forecast, By Vehicle Type13.5.3. Market Size & Forecast, By Propulsion Type13.6. UAE13.6.1. Market Size & Forecast, By Battery Type13.6.2. Market Size & Forecast, By Vehicle Type13.6.3. Market Size & Forecast, By Propulsion Type13.7. Rest of MEA13.7.1. Market Size & Forecast, By Battery Type13.7.2. Market Size & Forecast, By Vehicle Type13.7.3. Market Size & Forecast, By Propulsion TypeCHAPTER 14: COMPETITIVE LANDSCAPE14.1. Introduction14.2. Market Player Positioning, 202214.3. Company Evaluation Matrix14.4. Product Mapping of Top 10 Player14.5. Market Opportunities and Future Trends14.6. Competitive Heatmap14.7. Top Winning Growth Strategies14.7.1. Major Growth Strategies14.7.2. Expansion14.7.3. Merger and Acquisition14.7.4. Other DevelopmentsCHAPTER 15: COMPANY PROFILES15.1. GS Yuasa International Ltd.15.1.1. Company Overview15.1.2. Key Executives15.1.3. Financial Overview15.1.4. Business Productnalysis15.1.5. Product Portfolio15.1.6. Key Strategic Developments15.2. BYD COMPANY LTD15.3. PRIDE POWER15.4. PANASONIC CORPORATION15.5. SAMSUNG ELECTRONICS CO. LTD15.6. CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED.15.7. LG CHEM LTD.15.8. WANXIANG GROUP CORPORATION15.9. ENERSYS”;}i:1;a:3:{s:5:”title”;s:16:”Tables & Figures”;s:2:”id”;s:14:”tables-figures”;s:7:”content”;s:12187:”LIST OF TABLESTable 1. Global Battery Electric Vehicles Market INDUSTRY SNAPSHOT, 2022-2031Table 2. Global Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 3. Global Battery Electric Vehicles Market LEAD ACID BATTERY, BY REGION-2019-2031 (USD MILLION)Table 4. Global Battery Electric Vehicles Market NICKEL METAL HYDRIDE BATTERY, BY REGION-2019-2031 (USD MILLION)Table 5. Global Battery Electric Vehicles Market LITHIUM ION BATTERY, BY REGION-2019-2031 (USD MILLION)Table 6. Global Battery Electric Vehicles Market Share, By Vehicle Type SIZE-2019-2031 (USD MILLION)Table 7. Global Battery Electric Vehicles Market PASSENGER CAR, BY REGION-2019-2031 (USD MILLION)Table 8. Global Battery Electric Vehicles Market COMMERCIAL VEHICLE, BY REGION-2019-2031 (USD MILLION)Table 9. Global Battery Electric Vehicles Market TWO-WHEELER, BY REGION-2019-2031 (USD MILLION)Table 10. Global Battery Electric Vehicles Market Share, By Propulsion Type -2019-2031 (USD MILLION)Table 11. Global Battery Electric Vehicles Market BATTERY ELECTRIC VEHICLE, BY REGION-2019-2031 (USD MILLION)Table 12. Global Battery Electric Vehicles Market HYBRID ELECTRIC VEHICLE, BY REGION-2019-2031 (USD MILLION)Table 13. Global Battery Electric Vehicles Market PLUG-IN HYBRID ELECTRIC VEHICLE, BY REGION-2019-2031 (USD MILLION)Table 14. NORTH AMERICA Battery Electric Vehicles Market BY COUNTRY, USD MILLION 2019-2031Table 15. NORTH AMERICA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 16. NORTH AMERICA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 17. NORTH AMERICA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 18. U.S. Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 19. U.S. Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 20. U.S. Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 21. CANADA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 22. CANADA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 23. CANADA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 24. EUROPE Battery Electric Vehicles Market BY COUNTRY, USD MILLION 2019-2031Table 25. EUROPE Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 26. EUROPE Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 27. EUROPE Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 28. GERMANY Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 29. GERMANY Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 30. GERMANY Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 31. FRANCE Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 32. FRANCE Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 33. FRANCE Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 34. UK Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 35. UK Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 36. UK Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 37. ITALY Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 38. ITALY Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 39. ITALY Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 40. SPAIN Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 41. SPAIN Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 42. SPAIN Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 43. BENELUX Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 44. BENELUX Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 45. BENELUX Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 46. REST OF EUROPE Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 47. REST OF EUROPE Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 48. REST OF EUROPE Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 49. ASIA PACIFIC Battery Electric Vehicles Market BY COUNTRY, USD MILLION 2019-2031Table 50. ASIA PACIFIC Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 51. ASIA PACIFIC Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 52. ASIA PACIFIC Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 53. CHINA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 54. CHINA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 55. CHINA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 56. INDIA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 57. INDIA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 58. INDIA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 59. JAPAN Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 60. JAPAN Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 61. JAPAN Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 62. AUSTRALIA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 63. AUSTRALIA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 64. AUSTRALIA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 65. SOUTH KOREA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 66. SOUTH KOREA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 67. SOUTH KOREA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 68. SOUETHEST ASIA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 69. SOUETHEST ASIA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 70. SOUETHEST ASIA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 71. REST OF ASIA PACIFIC Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 72. REST OF ASIA PACIFIC Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 73. REST OF ASIA PACIFIC Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 74. LATIN AMERICA Battery Electric Vehicles Market BY COUNTRY, USD MILLION 2019-2031Table 75. LATIN AMERICA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 76. LATIN AMERICA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 77. LATIN AMERICA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 78. BRAZIL Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 79. BRAZIL Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 80. BRAZIL Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 81. MEXICO Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 82. MEXICO Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 83. MEXICO Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 84. REST OF LATIN AMERICA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 85. REST OF LATIN AMERICA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 86. REST OF LATIN AMERICA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 87. MEA Battery Electric Vehicles Market BY COUNTRY, USD MILLION 2019-2031Table 88. MEA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 89. MEA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 90. MEA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 91. SOUTH AFRICA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 92. SOUTH AFRICA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 93. SOUTH AFRICA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 94. SAUDI ARABIA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 95. SAUDI ARABIA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 96. SAUDI ARABIA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 97. UAE Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 98. UAE Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 99. UAE Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 100. REST OF MEA Battery Electric Vehicles Market Share, By Battery Type -2019-2031 (USD MILLION)Table 101. REST OF MEA Battery Electric Vehicles Market Share, By Vehicle Type -2019-2031 (USD MILLION)Table 102. REST OF MEA Battery Electric Vehicles Market Share, By Propulsion Type – 2019-2031 (USD MILLION)Table 103. KEY EXPANSIONS (2019-2022)Table 104. KEY MERGERS AND ACQUISITION (2019-2022)Table 105. OTHER KEY DEVELOPMENTS (2019-2022)LIST OF FIGURESFigure 1. REGIONAL ANALYSIS (2022 & 2031)Figure 2. RESEARCH PROCESSFigure 3. ANALYSIS FRAMEWORKFigure 4. IMPACT OF KEY REGULATION ON THE MARKETFigure 5. SWOT ANALYSISFigure 6. Global Battery Electric Vehicles Market Share, By Battery Type -2023 & 2031 (USD MILLION)Figure 7. Global Battery Electric Vehicles Market , LEAD ACID BATTERY -2019-2031 (USD MILLION)Figure 8. Global Battery Electric Vehicles Market , NICKEL METAL HYDRIDE BATTERY -2019-2031 (USD MILLION)Figure 9. Global Battery Electric Vehicles Market , LITHIUM ION BATTERY -2019-2031 (USD MILLION)Figure 10. Global Battery Electric Vehicles Market Share, By Vehicle Type -2023 & 2031 (USD MILLION)Figure 11. Global Battery Electric Vehicles Market , PASSENGER CAR -2019-2031 (USD MILLION)Figure 12. Global Battery Electric Vehicles Market , COMMERCIAL VEHICLE -2019-2031 (USD MILLION)Figure 13. Global Battery Electric Vehicles Market , TWO-WHEELER -2019-2031 (USD MILLION)Figure 14. Global Battery Electric Vehicles Market Share, By Propulsion Type -2023 & 2031 (USD MILLION)Figure 15. Global Battery Electric Vehicles Market , BATTERY ELECTRIC VEHICLE -2019-2031 (USD MILLION)Figure 16. Global Battery Electric Vehicles Market , HYBRID ELECTRIC VEHICLE -2019-2031 (USD MILLION)Figure 17. Global Battery Electric Vehicles Market , PLUG-IN HYBRID ELECTRIC VEHICLE -2019-2031 (USD MILLION)Figure 18. MARKET PLAYER POSITIONING, 2022Figure 19. COMPANY EVALUATION MATRIXFigure 20. PRODUCT MAPPING OF TOP 10 PLAYERSFigure 21. COMPETITIVE HEATMAP OF KEY PLAYERS”;}}

Tables & Figures

Frequently Asked Questions (FAQ):

  • Which is the leading segment in the Global Battery Electric Vehicles Market?

    Based on propulsion type, the market for electric vehicles is segmented into Battery Electric Vehicles (BEVs) and Hybrid Electric Vehicles (HEVs).

  • What are the key factors driving the Global Battery Electric Vehicles Market?

    Advancements in battery technology, Environmental Concerns, Decreasing Battery Costs are some of the key factors driving the growth in the market.

  • Which region will contribute notably towards the Global Battery Electric Vehicles Market?

    North America region to contribute the major share towards the market growth.

  • What are the key players in the Global Battery Electric Vehicles Market?

    GS Yuasa International Ltd., BYD Company Ltd, Pride Power, Panasonic Corporation, Samsung Electronics Co. Ltd., Contemporary Amperex Technology Co., Limited., LG Chem Ltd, Wanxiang Group Corporation, ENERSYS.

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