

The global EV Battery market size is predicted to grow from US$ 228920 million in 2025 to US$ 899700 million in 2031; it is expected to grow at a CAGR of 25.6% from 2025 to 2031.
Electric vehicles (EVs) use rechargeable batteries as their primary energy storage system. These batteries are a critical component of electric vehicles and play a significant role in determining the vehicle's performance, range, and overall efficiency.
EV Battery key players in global market include CATL, BYD, LGchem, CALB, Gotion High-Tech, etc. Global top five key players hold a share over 76%.
In terms of product, NCx Batteries is the largest segment, with a share nearly 69%. And in terms of application, BEV has a share about 72 percent.
The “EV Battery Industry Forecast” looks at past sales and reviews total world EV Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected EV Battery sales for 2025 through 2031. With EV Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EV Battery industry.
This Insight Report provides a comprehensive analysis of the global EV Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on EV Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global EV Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EV Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global EV Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of EV Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
LFP Battery
NCx Batteries
Others
Segmentation by Application:
BEV
PHEV
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
CATL
LG Energy Solution
BYD
Panasonic
Samsung SDI
SK On
Guoxuan High-tech
CALB Group
EVE Energy
Sunwoda
Farasis Energy
SVOLT Energy Technology
REPT BATTERO Energy
Tianjin EV Energies
Do-Fluoride New Materials
Key Questions Addressed in this Report
What is the 10-year outlook for the global EV Battery market?
What factors are driving EV Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do EV Battery market opportunities vary by end market size?
How does EV Battery break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global EV Battery Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for EV Battery by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for EV Battery by Country/Region, 2020, 2024 & 2031
2.2 EV Battery Segment by Type
2.2.1 LFP Battery
2.2.2 NCx Batteries
2.2.3 Others
2.3 EV Battery Sales by Type
2.3.1 Global EV Battery Sales Market Share by Type (2020-2025)
2.3.2 Global EV Battery Revenue and Market Share by Type (2020-2025)
2.3.3 Global EV Battery Sale Price by Type (2020-2025)
2.4 EV Battery Segment by Application
2.4.1 BEV
2.4.2 PHEV
2.5 EV Battery Sales by Application
2.5.1 Global EV Battery Sale Market Share by Application (2020-2025)
2.5.2 Global EV Battery Revenue and Market Share by Application (2020-2025)
2.5.3 Global EV Battery Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global EV Battery Breakdown Data by Company
3.1.1 Global EV Battery Annual Sales by Company (2020-2025)
3.1.2 Global EV Battery Sales Market Share by Company (2020-2025)
3.2 Global EV Battery Annual Revenue by Company (2020-2025)
3.2.1 Global EV Battery Revenue by Company (2020-2025)
3.2.2 Global EV Battery Revenue Market Share by Company (2020-2025)
3.3 Global EV Battery Sale Price by Company
3.4 Key Manufacturers EV Battery Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers EV Battery Product Location Distribution
3.4.2 Players EV Battery Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for EV Battery by Geographic Region
4.1 World Historic EV Battery Market Size by Geographic Region (2020-2025)
4.1.1 Global EV Battery Annual Sales by Geographic Region (2020-2025)
4.1.2 Global EV Battery Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic EV Battery Market Size by Country/Region (2020-2025)
4.2.1 Global EV Battery Annual Sales by Country/Region (2020-2025)
4.2.2 Global EV Battery Annual Revenue by Country/Region (2020-2025)
4.3 Americas EV Battery Sales Growth
4.4 APAC EV Battery Sales Growth
4.5 Europe EV Battery Sales Growth
4.6 Middle East & Africa EV Battery Sales Growth
5 Americas
5.1 Americas EV Battery Sales by Country
5.1.1 Americas EV Battery Sales by Country (2020-2025)
5.1.2 Americas EV Battery Revenue by Country (2020-2025)
5.2 Americas EV Battery Sales by Type (2020-2025)
5.3 Americas EV Battery Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC EV Battery Sales by Region
6.1.1 APAC EV Battery Sales by Region (2020-2025)
6.1.2 APAC EV Battery Revenue by Region (2020-2025)
6.2 APAC EV Battery Sales by Type (2020-2025)
6.3 APAC EV Battery Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe EV Battery by Country
7.1.1 Europe EV Battery Sales by Country (2020-2025)
7.1.2 Europe EV Battery Revenue by Country (2020-2025)
7.2 Europe EV Battery Sales by Type (2020-2025)
7.3 Europe EV Battery Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa EV Battery by Country
8.1.1 Middle East & Africa EV Battery Sales by Country (2020-2025)
8.1.2 Middle East & Africa EV Battery Revenue by Country (2020-2025)
8.2 Middle East & Africa EV Battery Sales by Type (2020-2025)
8.3 Middle East & Africa EV Battery Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of EV Battery
10.3 Manufacturing Process Analysis of EV Battery
10.4 Industry Chain Structure of EV Battery
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 EV Battery Distributors
11.3 EV Battery Customer
12 World Forecast Review for EV Battery by Geographic Region
12.1 Global EV Battery Market Size Forecast by Region
12.1.1 Global EV Battery Forecast by Region (2026-2031)
12.1.2 Global EV Battery Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global EV Battery Forecast by Type (2026-2031)
12.7 Global EV Battery Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 CATL
13.1.1 CATL Company Information
13.1.2 CATL EV Battery Product Portfolios and Specifications
13.1.3 CATL EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 CATL Main Business Overview
13.1.5 CATL Latest Developments
13.2 LG Energy Solution
13.2.1 LG Energy Solution Company Information
13.2.2 LG Energy Solution EV Battery Product Portfolios and Specifications
13.2.3 LG Energy Solution EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 LG Energy Solution Main Business Overview
13.2.5 LG Energy Solution Latest Developments
13.3 BYD
13.3.1 BYD Company Information
13.3.2 BYD EV Battery Product Portfolios and Specifications
13.3.3 BYD EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 BYD Main Business Overview
13.3.5 BYD Latest Developments
13.4 Panasonic
13.4.1 Panasonic Company Information
13.4.2 Panasonic EV Battery Product Portfolios and Specifications
13.4.3 Panasonic EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Panasonic Main Business Overview
13.4.5 Panasonic Latest Developments
13.5 Samsung SDI
13.5.1 Samsung SDI Company Information
13.5.2 Samsung SDI EV Battery Product Portfolios and Specifications
13.5.3 Samsung SDI EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Samsung SDI Main Business Overview
13.5.5 Samsung SDI Latest Developments
13.6 SK On
13.6.1 SK On Company Information
13.6.2 SK On EV Battery Product Portfolios and Specifications
13.6.3 SK On EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 SK On Main Business Overview
13.6.5 SK On Latest Developments
13.7 Guoxuan High-tech
13.7.1 Guoxuan High-tech Company Information
13.7.2 Guoxuan High-tech EV Battery Product Portfolios and Specifications
13.7.3 Guoxuan High-tech EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Guoxuan High-tech Main Business Overview
13.7.5 Guoxuan High-tech Latest Developments
13.8 CALB Group
13.8.1 CALB Group Company Information
13.8.2 CALB Group EV Battery Product Portfolios and Specifications
13.8.3 CALB Group EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 CALB Group Main Business Overview
13.8.5 CALB Group Latest Developments
13.9 EVE Energy
13.9.1 EVE Energy Company Information
13.9.2 EVE Energy EV Battery Product Portfolios and Specifications
13.9.3 EVE Energy EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 EVE Energy Main Business Overview
13.9.5 EVE Energy Latest Developments
13.10 Sunwoda
13.10.1 Sunwoda Company Information
13.10.2 Sunwoda EV Battery Product Portfolios and Specifications
13.10.3 Sunwoda EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Sunwoda Main Business Overview
13.10.5 Sunwoda Latest Developments
13.11 Farasis Energy
13.11.1 Farasis Energy Company Information
13.11.2 Farasis Energy EV Battery Product Portfolios and Specifications
13.11.3 Farasis Energy EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Farasis Energy Main Business Overview
13.11.5 Farasis Energy Latest Developments
13.12 SVOLT Energy Technology
13.12.1 SVOLT Energy Technology Company Information
13.12.2 SVOLT Energy Technology EV Battery Product Portfolios and Specifications
13.12.3 SVOLT Energy Technology EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 SVOLT Energy Technology Main Business Overview
13.12.5 SVOLT Energy Technology Latest Developments
13.13 REPT BATTERO Energy
13.13.1 REPT BATTERO Energy Company Information
13.13.2 REPT BATTERO Energy EV Battery Product Portfolios and Specifications
13.13.3 REPT BATTERO Energy EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 REPT BATTERO Energy Main Business Overview
13.13.5 REPT BATTERO Energy Latest Developments
13.14 Tianjin EV Energies
13.14.1 Tianjin EV Energies Company Information
13.14.2 Tianjin EV Energies EV Battery Product Portfolios and Specifications
13.14.3 Tianjin EV Energies EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Tianjin EV Energies Main Business Overview
13.14.5 Tianjin EV Energies Latest Developments
13.15 Do-Fluoride New Materials
13.15.1 Do-Fluoride New Materials Company Information
13.15.2 Do-Fluoride New Materials EV Battery Product Portfolios and Specifications
13.15.3 Do-Fluoride New Materials EV Battery Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Do-Fluoride New Materials Main Business Overview
13.15.5 Do-Fluoride New Materials Latest Developments
14 Research Findings and Conclusion
*If Applicable.