Posts | Comments

Increasing Demand for EVs Globally Augments the Growth of the Global EV Battery Housing Market

Contact Us
Nick Thomas
1147 88AVE,
Delta
BC  
Canada
Phone:+1 (613) 707-5086
sales@marknteladvisors.com

According to MarkNtel Advisors’ research report, “Global Electric Vehicle (EV) Battery Housing Market Analysis, 2021,” the market is likely to grow at a CAGR of 38% during 2021-26 due to the surging demand for lithium-ion batteries in the electric vehicle industry, the declining prices of a battery’s various technologies, and the mounting adoption of electric vehicles in most emerging countries. Further, rising concerns toward conserving the environment also accelerate the demand for electric vehicles, thereby propelling the overall market growth across the globe.

Key questions answered in the study
1. What are the current and future trends in the Global Electric Vehicle (EV) Battery Housing market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Electric Vehicle (EV) Battery Housing market?
5. What is the customer orientation, purchase behavior, and expectations from the Global Electric Vehicle (EV) Battery Housing market service providers across various regions?

Get the sample copy of the market research: https://www.marknteladvisors.com/query/request-sample/global-electric-vehicle-battery-housing-market.html

Impact of COVID-19 Pandemic
The outbreak of the COVID-19 pandemic negatively impacted the growth of the Global Electric Vehicle (EV) Battery Housing market due to the lockdown and other restrictions laid by the government that disrupted the supply chain. Further, the temporary shutdown of large-scale manufacturing units & assembly plants throughout the world adversely affected the production of batteries and their housing. However, as the government has started relaxing norms for resuming business activities, the Global Electric Vehicle (EV) Battery Housing market shall grow substantially in the forecast period.

“Global Electric Vehicle (EV) Battery Housing Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Electric Vehicle (EV) Battery Housing providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors’ success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate ‘Go to Market’ strategies and identify the blue ocean for their offerings.

Steel Segments Exhibits Fastest Growth
Based on the Material, the market bifurcates into Steel, Aluminum, Glass Fiber-Reinforced Polymer (GFRP), and Carbon Fiber Reinforced Polymer (CFRP). Among these, the Steel segment is likely to grow considerably in the Global Electric Vehicle (EV) Battery Housing Market during the forecast period as steel battery housing is less expensive than aluminum. Hence, the demand for steel battery housing will significantly increase in the forecast period, reveals MarkNtel Advisors in their research report, “Global Electric Vehicle (EV) Battery Housing Market Analysis, 2021.”

According to MarkNtel Advisors, the major leading players in the Global Electric Vehicle (EV) Battery Housing Market are SGL Carbon SE, Novelis Inc., Constellium SE, Nemak, S.A.B. de C.V., GF Linamar LLC, Minth Group, ThyssenKrupp AG, Hitachi Metals, Ltd., POSCO, Norsk Hydro ASA, Gestamp Automocion, S.A., UACJ Corporation, Hanwha Advanced Materials, Continental Structural Plastics Inc., and TRB Lightweight Structures.

Market Segmentation:
1. By Material (Steel, Aluminum, Glass Fiber-Reinforced Polymer (GFRP), Carbon Fiber Reinforced Polymer (CFRP))
2. By Cell Format Type (Pouch Cell, Cylindrical Cell, Prismatic Cell)
3. By Vehicle Type (All-Electric Vehicles [Passenger cars, Commercial Vehicles, Two-Wheelers, and Three wheelers], Hybrid Electric Vehicle & Plug-in Hybrid Electric Vehicle [Passenger cars, Commercial Vehicles], Two Wheelers)
4. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
5. By Country (U.S, Canada, Brazil, Mexico, Germany, France, The U.K, China, India, Japan, Australia, UAE, Saudi Arabia, South Africa)
6. By Competitors (SGL Carbon SE, Novelis Inc., Constellium SE, Nemak, S.A.B. de C.V., GF Linamar LLC, Minth Group, ThyssenKrupp AG, Hitachi Metals, Ltd., POSCO, Norsk Hydro ASA, Gestamp Automocion, S.A., UACJ Corporation, Hanwha Advanced Materials, Continental Structural Plastics Inc., TRB Lightweight Structures)

Leave a Reply