封面
市场调查报告书
商品编码
1437642

汽车电池供电推进系统市场-2018-2028年全球产业规模、份额、趋势、机会与预测,依电池类型、按应用类型、地区、竞争细分

Automotive Battery Powered Propulsion System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Battery Type, By Application Type, By Region, Competition 2018-2028

出版日期: | 出版商: TechSci Research | 英文 184 Pages | 商品交期: 2-3个工作天内

价格

We offer 8 hour analyst time for an additional research. Please contact us for the details.

简介目录

2022 年全球汽车电池供电推进系统市场价值为 160 亿美元,预计到 2028 年预测期内将实现强劲增长,复合CAGR为 5.71%。汽车电池供电推进系统市场是汽车行业的关键领域行业,推动向电气化和永续交通的转变。汽车电池驱动系统市场由多种因素推动,包括监管要求、消费者对电动车的需求以及电池技术的进步。严格的排放法规和燃油经济性标准促使汽车製造商投资电动动力总成,以满足监管合规性和市场对更清洁、更有效率车辆的需求。消费者对电动车的偏好受到环保意识、能源独立和技术创新等因素的影响,导致主流汽车市场越来越多地采用电池驱动系统。电池化学、製造流程和能源管理系统的技术进步使汽车製造商能够提高电池性能、耐用性和成本效益,从而降低总拥有成本并加速向电动车的过渡。

市场概况
预测期 2024-2028
2022 年市场规模 160亿美元
2028 年市场规模 225.3亿美元
2023-2028 年CAGR 5.71%
成长最快的细分市场 油电混合车
最大的市场 亚太

汽车电池供电的推进系统市场面临的挑战包括电池成本、里程焦虑和基础设施限制。儘管近年来电池成本大幅下降,但它们仍然是电动车广泛采用的重大障碍,特别是在价格敏感的细分市场中。续航里程焦虑,或担心驾驶时电池电量耗尽,仍然是消费者的担忧,凸显了对电池技术和充电基础设施持续投资的必要性。基础设施限制,包括充电基础设施不足和电网容量限制,为某些地区的电动车部署带来了挑战,需要政府、公用事业和私人利害关係人之间的合作来解决。

市场成长机会在于先进电池技术、充电基础设施和车辆到电网 (V2G) 整合解决方案的开发,这些解决方案可提高电动车的性能、便利性和永续性。汽车製造商、电池製造商和能源供应商之间的合作倡议促进了技术创新、标准化和规模经济,从而降低了成本并加速了电动车的采用。此外,公路和越野车队的电气化为製造商、车队营运商和政府提供了透过永续交通解决方案减少排放、改善空气品质和增强能源安全的机会。总体而言,随着汽车产业向电气化和永续交通转型,汽车电池驱动的推进系统市场有望快速成长和创新。

市场驱动因素

环境问题和监管压力

汽车产业电池驱动系统的主要市场驱动因素之一是人们对环境问题日益关注,特别是与气候变迁和空气品质相关的问题。传统内燃机 (ICE) 车辆中化石燃料的燃烧是温室气体排放和空气污染的主要原因。因此,世界各国政府正在实施严格的排放法规和激励措施,以促进更清洁的交通选择。例如,许多国家都制定了减排目标,有的甚至宣布计划在不久的将来禁止销售新的汽油和柴油动力汽车。为了应对这些监管压力,汽车製造商越来越多地投资于电池驱动技术,以减少碳足迹。电动车废气零排放,使其成为环保选择。这导致电池驱动汽车及其配套基础设施的生产和采用激增。

电池技术的进步

电池技术的进步是汽车电池驱动系统市场成长的关键驱动力。多年来,电池能量密度、耐用性和成本效益有了显着提高。尤其是锂离子电池,由于其高储能容量和长寿命循环,已成为电动车的标准选择。此外,研究和开发工作正在进行中,以进一步增强电池性能、减少充电时间并降低成本。电池技术的改进解决了电动车的一些关键限制,例如续航里程有限和充电时间更长。这些进步提高了消费者对电动车的接受度,因为他们现在可以体验到与传统汽油车相当的行驶里程。

消费者对永续交通的需求

人们对环境问题的认识不断增强,导致消费者对永续交通解决方案的需求不断增加。消费者越来越多地寻找符合其价值观并有助于减少碳足迹的车辆。电池动力汽车被视为比传统汽油和柴油动力汽车更永续、更环保的替代品。对永续交通的需求是由减少空气污染、对化石燃料的依赖以及个人交通对环境的整体影响的愿望所推动的。此外,降低营运成本和政府激励措施(例如税收抵免和退税)的吸引力进一步激发了消费者对电动车的兴趣。因此,汽车製造商正在努力满足这一需求,提供更广泛的、具有不同价位、款式和功能的电池驱动汽车,以满足不同的消费者群体。

成本降低和规模经济

电池供电推进系统的成本历来是其广泛采用的重大障碍。然而,随着市场的成熟和产量的增加,规模经济开始发挥作用。这导致电动车零件(包括电池)的成本大幅降低。有几个因素有助于降低成本。首先,产量的增加使汽车製造商能够从供应商谈判以获得更优惠的零件和电池价格。其次,电池製造流程的进步,包括自动化和化学改进,使生产更有效率且更具成本效益。第三,研发投资降低了每千瓦时(kWh)电池容量的成本,这是电动车可负担性的关键指标。电池驱动系统成本的下降使得电动车更容易被更广泛的消费者所接受。这一趋势鼓励汽车製造商扩大电动车产品范围,并投资于进一步降低成本的技术,最终推动市场成长。

技术创新和基础设施发展

技术创新和基础设施发展对于汽车电池驱动系统市场的扩张发挥着至关重要的作用。电动车技术的不断发展带来了特性和功能的改进,例如更长的行驶里程、更快的充电时间和增强的连接性。自动驾驶和能源管理系统的创新也成为发展重点。此外,基础设施发展对于电动车的广泛采用至关重要。这包括充电网路的扩展,这对于解决潜在电动车购买者的里程焦虑问题至关重要。政府、私人公司和其他利害关係人正在投资建设城市地区、高速公路沿线和公共场所的充电站。此外,人们越来越重视智慧电网和再生能源的发展,这可以促进电动车融入能源生态系统。技术创新和基础设施发展的结合正在为电动车创造更有利的环境,消除一些阻碍其市场渗透的障碍。随着这些趋势的持续发展,预计将推动汽车产业采用电池供电的推进系统。

主要市场挑战

初始成本高

在汽车市场采用电池驱动系统的最重大挑战之一是电动车 (EV) 的初始成本较高。与内燃机 (ICE) 同类产品相比,电动车的前期购买价格通常较高。这种成本差异主要是由于电池组的费用造成的,电池组是电动车中最昂贵的组件。儘管电池价格一直在稳步下降,而且规模经济一直在降低成本,但电动车的溢价仍然会阻止精打细算的消费者。这种高昂的初始成本可能成为大规模采用的重大障碍,特别是在价格敏感的细分市场。应对这项挑战需要汽车製造商和政府努力让电动车变得更便宜。这可以透过补贴、税收优惠和其他旨在缩小电动车与传统汽车之间成本差距的财政诱因来实现。此外,电池技术的进步、更有效率的生产流程以及汽车製造商之间竞争的加剧有助于降低电动车的前期成本。

有限范围和充电基础设施

里程焦虑,或担心在到达目的地之前耗尽电池电量,是全球汽车电池供电推进系统市场的另一个重大挑战。儘管电池技术有所改进,但与内燃机汽车相比,大多数电动车的行驶里程仍然有限。这种限制在某些细分市场中更为明显,例如电动车,驾驶可能需要更仔细地规划路线以确保能够到达充电站。充电基础设施的可用性和可近性也构成了重大障碍。充电站不像汽油和柴油加油站那么普遍,这意味着电动车车主在长途旅行或充电选择有限的地区可能会遇到挑战。此外,充电时间虽然有所改善,但仍比用汽油为传统车辆加油要长。为了缓解这些问题,该行业正在积极致力于扩大充电网路、开发更快的充电解决方案以及增强电池技术以增加行驶里程。政府、私人企业和汽车製造商之间的合作对于使充电基础设施更加广泛和便利、从而解决里程焦虑至关重要。

电池技术限制

电池技术的限制是电动车市场的一个根本挑战。儘管电池能量密度、耐用性和成本降低方面取得了显着进步,但限制仍然存在。儘管取得了进步,锂离子电池和其他现有技术在能量密度方面仍然有其限制。这意味着电动车可能需要更大、更重的电池组来实现更长的行驶里程,这会影响车辆的重量、成本和操控特性。快速充电是电动车广泛采用的基本要求,但快速充电会导致发热并缩短电池寿命。电池技术需要发展以支援更快的充电而不影响安全性和寿命。锂离子电池会随着时间的推移而退化,这种退化会影响车辆的续航里程和整体性能。虽然在延长电池寿命方面已经取得了进步,但还需要进一步进步来製造更耐用、更可靠的电池。锂离子电池的生产依赖关键材料的可用性,包括锂和钴。以可持续和负责任的方式采购这些材料越来越受到关注。解决这些限制需要持续的研究和开发工作,以创新和发现新的电池技术,以提供更高的能量密度、更快的充电、更长的使用寿命并减少对稀缺资源的依赖。

基础设施差距和收费标准

缺乏标准化的充电基础设施和协议是电动车市场的挑战。不同地区和国家通常有自己的充电连接器标准,这可能会导致电动车车主在具有不同充电基础设施的地区之间行驶时出现相容性问题。充电连接器和协议的标准化对于确保电动车车主无论身在何处都能获得无缝充电体验至关重要。 CCS(组合充电系统)和 CHAdeMO 等广泛接受的标准的製定是朝着正确方向迈出的一步。然而,确保这些标准得到普遍采用,并用必要的设备改造现有的充电站仍然是一项挑战。此外,不同等级的充电(1 级、2 级和直流快速充电)以及充电站不同的功率输出可能会出现互通性问题。简化电动车车主的充电体验并解决这些基础设施差距对于市场的持续成长至关重要。

监管和政策挑战

监管和政策挑战在塑造电动车市场方面发挥着重要作用。这些挑战涵盖广泛的问题,包括排放法规、激励措施和税收政策:虽然许多政府正在实施更严格的排放标准以鼓励清洁交通,但一些地区尚未建立明确且一致的法规。标准不一致会造成市场不确定性并减缓电动车技术的投资。政府的激励措施,例如对电动车购买者的税收抵免和回扣,对于促进电动车的采用发挥了重要作用。然而,这些激励措施的可用性和程度可能因地区而异,并且会随着时间的推移而变化,这使得消费者很难预测他们节省的成本。税收政策也会影响电动车市场。一些政府对电动车车主征收额外的税款或费用,而另一些政府则提供豁免以鼓励电动车的采用。这些政策需要仔细权衡,以确保汽车市场的公平竞争。有关充电基础设施安装和营运的法规也可能是一项挑战,因为各地的法规各不相同。简化这些法规有助于促进充电网路的发展。应对这些监管和政策挑战需要政府、行业利益相关者和环保组织之间的合作,制定一致的长期政策,促进电动车的采用并创造有利的商业环境。

主要市场趋势

多样化的产品供应

一个突出的市场趋势是电池供电推进系统市场产品供应的多样化。随着电动车 (EV) 的不断普及,汽车製造商正在扩大其产品线,以满足不同的客户群和偏好。这种趋势在电动车、电动SUV、电动卡车甚至电动高性能车的激增中表现得很明显。汽车製造商正致力于打造在尺寸、风格和功能方面提供多种选择的电动车。这种多元化是由于认识到消费者有不同的需求和偏好,而一刀切的方法并不适用于电动车市场。因此,消费者现在可以选择从经济实惠的入门级电动车到高端豪华电动车,每种车都根据特定要求量身定制。此外,这种趋势也延伸到了商用车,送货车、公车甚至建筑设备都可以选择电动。随着城市和政府优先考虑清洁交通,电动商用车市场不断增长,汽车製造商正在抓住这个机会提供广泛的产品。

更远的续航里程和更快的充电速度

电池供电推进系统市场的一个显着趋势是续航里程和充电技术的不断改进。多年来,电动车解决了潜在买家的主要担忧之一:里程焦虑。电池技术的进步提高了能量密度,从而提高了单次充电的行驶里程。此外,充电基础设施已扩大,使电动车车主更容易为车辆充电。能够大幅减少充电时间的快速充电站已经变得更加普遍。这些发展有助于电动车的主流采用,因为它们提供的驾驶体验越来越能与传统内燃机 (ICE) 车辆相提并论。汽车製造商正在投资更快的充电解决方案,并致力于开发有望缩短充电时间的电池技术。这一趋势对于解决消费者的实际问题、促进电动车长途旅行至关重要。

能源效率与永续发展

能源效率和永续性已成为电池供电推进系统市场的中心主题。随着世界努力解决减少碳排放和应对气候变迁的迫切需要,汽车产业正与永续发展目标保持一致。汽车製造商正致力于提高电动车的能源效率。这需要优化各种组件,例如马达、再生煞车系统和热管理,以确保电池中储存的尽可能多的能量有效地转化为车辆推进力。提高能源效率不仅可以延长电动车的续航里程,还可以减少驾驶对环境的整体影响。永续性还包括电池生产中使用的材料和製造流程。我们正在努力负责任地采购材料,减少电池生产的环境足迹,并提高电池的可回收性。因此,汽车製造商正在努力为电动车创造一个更永续的生命週期,从原料提取到报废处理。

互联和自主功能

汽车电池驱动系统市场的另一个重要趋势是电动车中连网和自动驾驶功能的整合。随着汽车产业的发展,电动车变得越来越互联和智慧化。互联功能包括先进的资讯娱乐系统、无线更新和智慧型手机集成,所有这些都增强了整体驾驶体验。这些功能允许远端车辆监控和控制,这对于电动车车主特别有用。此外,连网技术可以实现高效的路线规划和获取有关充电站可用性的即时资料,从而进一步减少里程焦虑。自动驾驶技术是这一趋势的另一个关键方面。虽然全自动驾驶汽车仍在开发中,但许多电动车都配备了先进的驾驶辅助系统(ADAS)。这些系统提供自适应巡航控制、车道维持辅助和自动停车等功能。随着技术的成熟,预计它将在使电动车更安全、更便利方面发挥至关重要的作用。

全球扩张和市场渗透

电池驱动系统市场正呈现全球扩张和市场渗透的趋势。电动车不再局限于少数选定的地区,而是在全球范围内获得认可。政府和监管机构越来越多地透过提供有利于电动车的税收优惠、回扣和排放法规来激励电动车。汽车製造商正在认识到电动车的全球潜力,并正在扩大其市场范围。他们不仅投资研发创造电动车型,还在各地建立製造工厂以满足当地需求。这种全球扩张对于确保世界不同地区的消费者能够获得和负担得起电动车至关重要。此外,电池和充电基础设施在国际上不断发展,充电网路在全球范围内发展。随着电动车对不同地区的消费者来说变得越来越容易和实用,市场渗透率不断提高,全球汽车电池驱动系统市场有望显着成长。

细分市场洞察

从电池类型来看,市场主要围绕着三大类:锂离子、镍氢及其他型态。与其他化学电池相比,锂离子电池因其卓越的能量密度、更长的使用寿命和更快的充电能力而在市场上占据主导地位。这些电池由于能够提供足够的功率和续航里程来满足消费者的驾驶需求,因此广泛应用于电动车(EV)、混合动力电动车(HEV)和插电式混合动力电动车(PHEV)。镍氢电池虽然在较新的车型中不太常见,但由于其可靠性和相对较低的成本,仍在一些混合动力汽车中使用。其他类型的电池,例如固态电池和先进的锂离子电池,也正在成为潜在的替代品,提供改进的性能和安全功能。

电池驱动系统的应用涵盖各种车辆类型和用例,包括插电式车辆、混合动力电动车以及公路和越野电动车。插电式汽车,包括纯电动车 (BEV) 和 PHEV,完全或主要依靠电力推进,能够透过外部电源为电池充电。这些车辆提供零排放驾驶,越来越受到寻求减少温室气体排放和对化石燃料依赖的消费者和政府的青睐。混合动力电动车 (HEV) 将内燃机与电力推进系统结合,与传统汽油车相比,可提高燃油效率并减少排放。公路和越野电动车涵盖广泛的应用,包括电动巴士、卡车、货车以及用于农业、采矿和建筑业的越野车辆。与传统车辆相比,这些车辆利用电池供电的推进系统来降低营运成本,减少对环境的影响并增强性能。

区域洞察

在预测期内,亚太地区将继续占据主导地位。其中一个原因是中国、印度、韩国和日本乘用车和电动车销量的成长。此外,预计该地区的需求将透过扩大基础设施发展来推动,以适应汽车产量的增加。由于法国和德国等欧洲国家的强烈需求,这些国家颁布了严格的法律禁止汽车碳排放,因此电池驱动的推进系统在整个地区受到青睐。由于重要参与者的存在以及与先进汽车电池相关的研发工作的增加,北美市场正在不断扩大,这些电池用于为引擎提供动力,因为它们具有比标准电池更好的性能特征。

主要市场参与者

罗伯特博世有限公司

捷太格特公司

电装株式会社

耐世特汽车

三菱电机公司

天合汽车控股

A123系统

日本电气公司

E-One Moli 能源公司

GS汤浅株式会社

报告范围:

在本报告中,除了以下详细介绍的产业趋势外,全球汽车电池供电推进系统市场还分为以下几类:

汽车电池供电推进系统市场,依电池类型划分:

  • 锂离子
  • 镍氢
  • 其他的

汽车电池供电推进系统市场,按应用类型划分:

  • 插电式车辆
  • 油电混合车
  • 公路和越野电动车

汽车电池供电推进系统市场(按地区):

  • 亚太
  • 中国
  • 印度
  • 日本
  • 印尼
  • 泰国
  • 韩国
  • 澳洲
  • 欧洲及独联体国家
  • 德国
  • 西班牙
  • 法国
  • 俄罗斯
  • 义大利
  • 英国
  • 比利时
  • 北美洲
  • 美国
  • 加拿大
  • 墨西哥
  • 南美洲
  • 巴西
  • 阿根廷
  • 哥伦比亚
  • 中东和非洲
  • 南非
  • 土耳其
  • 沙乌地阿拉伯
  • 阿联酋

竞争格局

  • 公司简介:全球汽车电池动力推进系统市场主要公司的详细分析。

可用的客製化:

  • 全球汽车电池供电推进系统市场报告以及给定的市场资料,技术科学研究根据公司的具体需求提供客製化服务。该报告可以使用以下自订选项:

公司资讯

  • 其他市场参与者(最多五个)的详细分析和概况分析。

目录

第 1 章:简介

第 2 章:研究方法

第 3 章:执行摘要

第 4 章:COVID-19 对全球汽车电池供电推进系统市场的影响

第 5 章:全球汽车电池供电推进系统市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依电池类型(锂离子、镍氢、其他)
    • 按应用类型(插电式汽车、混合动力电动车、公路和越野电动车)
    • 按地区划分
    • 按公司划分(前 5 名公司,其他 - 按价值,2022 年)
  • 全球汽车电池供电推进系统市场测绘与机会评估
    • 依电池类型
    • 按应用类型
    • 按地区划分

第 6 章:亚太地区汽车电瓶动力推进系统市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依电池类型
    • 按应用类型
    • 按国家/地区
  • 亚太地区:国家分析
    • 中国
    • 印度
    • 日本
    • 印尼
    • 泰国
    • 韩国
    • 澳洲

第 7 章:欧洲与独联体汽车电池供电推进系统市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依电池类型
    • 按应用类型
    • 按国家/地区
  • 欧洲与独联体:国家分析
    • 德国
    • 西班牙
    • 法国
    • 俄罗斯
    • 义大利
    • 英国
    • 比利时

第 8 章:北美汽车电池供电推进系统市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依电池类型
    • 按应用类型
    • 按国家/地区
  • 北美:国家分析
    • 美国
    • 墨西哥
    • 加拿大

第 9 章:南美洲汽车电池供电推进系统市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依电池类型
    • 按应用类型
    • 按国家/地区
  • 南美洲:国家分析
    • 巴西
    • 哥伦比亚
    • 阿根廷

第 10 章:中东和非洲汽车电池供电推进系统市场展望

  • 市场规模及预测
    • 按价值
  • 市占率及预测
    • 依电池类型
    • 按应用类型
    • 按国家/地区
  • 中东和非洲:国家分析
    • 南非
    • 土耳其
    • 沙乌地阿拉伯
    • 阿联酋

第 11 章:SWOT 分析

  • 力量
  • 弱点
  • 机会
  • 威胁

第 12 章:市场动态

  • 市场驱动因素
  • 市场挑战

第 13 章:市场趋势与发展

第14章:竞争格局

  • 公司简介(最多10家主要公司)
    • Robert Bosch GmbH
    • JTEKT Corporation.
    • Denso Corporation.
    • Nexteer Automotive.
    • Mitsubishi Electric Corporation.
    • TRW Automotive Holding
    • A123 Systems
    • NEC Corp.
    • E-One Moli Energy Corp.
    • GS Yuasa Corp.

第 15 章:策略建议

  • 重点关注领域
    • 目标地区
    • 目标电池类型
    • 按应用类型分類的目标

第16章调查会社について・免责事项

简介目录
Product Code: 22706

Global Automotive Battery Powered Propulsion System market was valued at USD 16 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.71% through 2028. The automotive battery-powered propulsion system market is a pivotal segment within the automotive industry, driving the shift towards electrification and sustainable mobility. The automotive battery-powered propulsion system market is driven by several factors, including regulatory mandates, consumer demand for electric vehicles, and advancements in battery technology. Stringent emissions regulations and fuel economy standards drive automakers to invest in electrified powertrains to meet regulatory compliance and market demand for cleaner, more efficient vehicles. Consumer preferences for electric vehicles are influenced by factors such as environmental awareness, energy independence, and technological innovation, leading to increased adoption of battery-powered propulsion systems in mainstream automotive markets. Technological advancements in battery chemistry, manufacturing processes, and energy management systems enable automakers to improve battery performance, durability, and cost-effectiveness, driving down the total cost of ownership and accelerating the transition towards electric mobility.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 16 Billion
Market Size 2028USD 22.53 Billion
CAGR 2023-20285.71%
Fastest Growing SegmentHybrid Electric Vehicle
Largest MarketAsia-Pacific

Challenges facing the automotive battery-powered propulsion system market include battery cost, range anxiety, and infrastructure limitations. While battery costs have declined significantly in recent years, they remain a significant barrier to widespread electric vehicle adoption, particularly in price-sensitive market segments. Range anxiety, or the fear of running out of battery charge while driving, persists as a concern among consumers, highlighting the need for continued investment in battery technology and charging infrastructure. Infrastructure limitations, including inadequate charging infrastructure and grid capacity constraints, pose challenges for electric vehicle deployment in certain regions, requiring collaborative efforts between governments, utilities, and private stakeholders to address.

Opportunities for market growth lie in the development of advanced battery technologies, charging infrastructure, and vehicle-to-grid (V2G) integration solutions that enhance the performance, convenience, and sustainability of electric vehicles. Collaborative initiatives between automakers, battery manufacturers, and energy providers facilitate technology innovation, standardization, and scale economies that drive down costs and accelerate the adoption of electric mobility. Moreover, the electrification of on and off-road vehicle fleets presents opportunities for manufacturers, fleet operators, and governments to reduce emissions, improve air quality, and enhance energy security through sustainable transportation solutions. Overall, the automotive battery-powered propulsion system market is poised for rapid growth and innovation as the automotive industry transitions towards electrification and sustainable mobility.

Market Drivers

Environmental Concerns and Regulatory Pressures

One of the primary market drivers for battery-powered propulsion systems in the automotive industry is the growing concern over environmental issues, particularly related to climate change and air quality. The combustion of fossil fuels in traditional internal combustion engines (ICE) vehicles is a major contributor to greenhouse gas emissions and air pollution. As a result, governments worldwide are implementing stringent emissions regulations and incentives to promote cleaner transportation options. For example, many countries have established emission reduction targets, and some have even announced plans to ban the sale of new gasoline and diesel-powered vehicles in the near future. In response to these regulatory pressures, automakers are increasingly investing in battery-powered propulsion technology to reduce their carbon footprint. Electric vehicles produce zero tailpipe emissions, making them an environmentally friendly option. This has led to a surge in the production and adoption of battery-powered vehicles and their supporting infrastructure.

Advancements in Battery Technology

The advancement of battery technology is a pivotal driver in the growth of the automotive battery-powered propulsion system market. Over the years, there have been significant improvements in battery energy density, durability, and cost-effectiveness. Lithium-ion batteries, in particular, have become the standard choice for EVs due to their high energy storage capacity and long-life cycles. Additionally, research and development efforts are ongoing to further enhance battery performance, reduce charging times, and lower costs. Improvements in battery technology have addressed some of the key limitations of electric vehicles, such as limited range and longer charging times. These advancements have contributed to the increased acceptance of EVs by consumers, as they can now experience a driving range comparable to that of traditional gasoline-powered vehicles.

Consumer Demand for Sustainable Transportation

The growing awareness of environmental issues has led to increased consumer demand for sustainable transportation solutions. Consumers are increasingly looking for vehicles that align with their values and contribute to reducing their carbon footprint. Battery-powered vehicles are seen as a more sustainable and eco-friendlier alternative to traditional gasoline and diesel-powered vehicles. This demand for sustainable transportation is driven by a desire to reduce air pollution, dependence on fossil fuels, and the overall environmental impact of personal transportation. Additionally, the appeal of reduced operating costs and government incentives, such as tax credits and rebates, has further fueled consumer interest in electric vehicles. As a result, automakers are striving to meet this demand by offering a broader range of battery-powered vehicles with varying price points, styles, and features to cater to a diverse consumer base.

Cost Reduction and Economies of Scale

The cost of battery-powered propulsion systems has historically been a significant barrier to their widespread adoption. However, as the market has matured and production volumes have increased, economies of scale have come into play. This has led to a substantial reduction in the cost of electric vehicle components, including batteries. Several factors contribute to this cost reduction. First, increased production volumes have allowed automakers to negotiate better prices for components and batteries from suppliers. Second, advancements in battery manufacturing processes, including automation and improved chemistry, have made production more efficient and cost-effective. Third, research and development investments have driven down the cost per kilowatt-hour (kWh) of battery capacity, a critical metric for electric vehicle affordability. The declining cost of battery-powered propulsion systems is making electric vehicles more accessible to a broader range of consumers. This trend has encouraged automakers to expand their electric vehicle offerings and invest in technology that will further reduce costs, ultimately driving market growth.

Technological Innovation and Infrastructure Development

Technological innovation and infrastructure development play a crucial role in the expansion of the automotive battery-powered propulsion system market. The continuous development of electric vehicle technology has led to improved features and capabilities, such as longer driving ranges, faster charging times, and enhanced connectivity. Innovations in autonomous driving and energy management systems have also become focal points of development. Moreover, infrastructure development is essential for the widespread adoption of electric vehicles. This includes the expansion of charging networks, which is critical for addressing the range anxiety concerns of potential EV buyers. Governments, private companies, and other stakeholders are investing in the construction of charging stations in urban areas, along highways, and in public spaces. Furthermore, there is a growing emphasis on the development of smart grids and renewable energy sources, which can facilitate the integration of electric vehicles into the energy ecosystem. The combination of technological innovation and infrastructure development is creating a more favorable environment for electric vehicles, removing some of the barriers that have hindered their market penetration. As these trends continue, they are expected to drive the adoption of battery-powered propulsion systems in the automotive industry.

Key Market Challenges

High Initial Cost

One of the most significant challenges for the adoption of battery-powered propulsion systems in the automotive market is the high initial cost of electric vehicles (EVs). EVs typically have a higher upfront purchase price compared to their internal combustion engine (ICE) counterparts. This cost disparity is primarily due to the expense of the battery pack, which is the most expensive component of an electric vehicle. While battery prices have been steadily decreasing, and economies of scale have been driving down costs, EVs still carry a premium that can deter budget-conscious consumers. This high initial cost can be a significant barrier to mass adoption, particularly in price-sensitive market segments. Addressing this challenge requires automakers and governments to work on making EVs more affordable. This can be achieved through subsidies, tax incentives, and other financial incentives aimed at reducing the cost gap between EVs and traditional vehicles. Additionally, advancements in battery technology, more efficient production processes, and increased competition among automakers can contribute to lowering the upfront cost of electric vehicles.

Limited Range and Charging Infrastructure

Range anxiety, or the fear of running out of battery power before reaching a destination, is another substantial challenge in the global automotive battery-powered propulsion system market. Despite improvements in battery technology, most electric vehicles still offer a limited driving range compared to ICE vehicles. This constraint is more noticeable in certain segments, such as electric cars, where drivers may need to plan their routes more carefully to ensure access to charging stations. The availability and accessibility of charging infrastructure also pose a significant hurdle. Charging stations are not as widespread as gasoline and diesel fueling stations, which means that EV owners may encounter challenges during long journeys or in areas with limited charging options. Moreover, charging times, though improving, are still longer than refueling a conventional vehicle with gasoline. To mitigate these issues, the industry is actively working on expanding the charging network, developing faster charging solutions, and enhancing battery technology to increase driving ranges. Collaboration between governments, private companies, and automakers is essential to make charging infrastructure more widespread and accessible, thereby addressing range anxiety.

Battery Technology Limitations

Battery technology limitations are a fundamental challenge in the electric vehicle market. While there have been significant advancements in battery energy density, durability, and cost reduction, limitations remain. Despite progress, lithium-ion batteries and other existing technologies still have limitations in terms of energy density. This means that electric vehicles may need larger and heavier battery packs to achieve longer ranges, which can impact vehicle weight, cost, and handling characteristics. Fast charging is an essential requirement for widespread electric vehicle adoption, but rapid charging can lead to heat generation and reduced battery life. Battery technologies need to evolve to support faster charging without compromising safety and longevity. Lithium-ion batteries degrade over time, and this degradation can impact a vehicle's range and overall performance. While advancements have been made to extend battery life, further progress is needed to create longer-lasting and more reliable batteries. The production of lithium-ion batteries relies on the availability of critical materials, including lithium and cobalt. Sourcing these materials sustainably and responsibly is a growing concern. Addressing these limitations will require ongoing research and development efforts to innovate and discover new battery technologies that offer higher energy density, faster charging, longer lifespan, and reduced reliance on scarce resources.

Infrastructure Gaps and Charging Standards

The lack of standardized charging infrastructure and protocols is a challenge for the electric vehicle market. Different regions and countries often have their own standards for charging connectors, which can lead to compatibility issues for EV owners traveling between areas with different charging infrastructure. Standardization in charging connectors and protocols is crucial to ensure that EV owners have a seamless charging experience regardless of their location. The development of widely accepted standards, such as the CCS (Combined Charging System) and CHAdeMO, is a step in the right direction. However, ensuring that these standards are adopted universally and that existing charging stations are retrofitted with the necessary equipment remains a challenge. Moreover, interoperability issues can arise with different levels of charging (Level 1, Level 2, and DC fast charging) and the varying power outputs of charging stations. Streamlining the charging experience for electric vehicle owners and addressing these infrastructure gaps is essential for the continued growth of the market.

Regulatory and Policy Challenges

Regulatory and policy challenges play a significant role in shaping the electric vehicle market. These challenges encompass a wide range of issues, including emissions regulations, incentives, and taxation policies: While many governments are implementing stricter emissions standards to encourage cleaner transportation, some regions have not yet established clear and consistent regulations. Inconsistent standards can create market uncertainty and slow down investments in electric vehicle technology. Government incentives, such as tax credits and rebates for electric vehicle buyers, have been instrumental in promoting adoption. However, the availability and level of these incentives can vary greatly by region and are subject to changes over time, making it challenging for consumers to predict their cost savings. Taxation policies can also impact the electric vehicle market. Some governments impose additional taxes or fees on EV owners, while others offer exemptions to encourage adoption. These policies need to be carefully balanced to ensure fair competition in the automotive market. Regulations regarding the installation and operation of charging infrastructure can also be a challenge, as they vary from one location to another. Streamlining these regulations can help facilitate the growth of charging networks. Addressing these regulatory and policy challenges requires collaboration between governments, industry stakeholders, and environmental organizations to establish consistent, long-term policies that promote electric vehicle adoption and create a favorable business environment.

Key Market Trends

Diverse Product Offerings

One prominent market trend is the diversification of product offerings in the battery-powered propulsion system market. As electric vehicles (EVs) continue to gain popularity, automakers are broadening their product lines to cater to various customer segments and preferences. This trend is evident in the proliferation of electric cars, electric SUVs, electric trucks, and even electric performance vehicles. Automakers are focusing on creating EVs that offer a range of options in terms of size, style, and features. This diversification is driven by the recognition that consumers have different needs and preferences, and the one-size-fits-all approach does not apply to the EV market. As a result, consumers can now choose from affordable, entry-level EVs to high-end luxury electric vehicles, each tailored to meet specific requirements. Moreover, this trend extends to commercial vehicles, with electric options for delivery vans, buses, and even construction equipment. As cities and governments prioritize clean transportation, there is a growing market for electric commercial vehicles, and automakers are seizing this opportunity to offer a broad range of products.

Extended Range and Faster Charging

A notable trend in the battery-powered propulsion system market is the continuous improvement in range and charging technology. Over the years, EVs have addressed one of the main concerns of potential buyers: range anxiety. Battery technology advancements have led to increased energy density and, consequently, greater driving ranges on a single charge. Furthermore, charging infrastructure has expanded, making it easier for EV owners to recharge their vehicles. Rapid charging stations, capable of significantly reducing charging times, have become more widespread. These developments are contributing to the mainstream adoption of EVs, as they offer a driving experience that is increasingly comparable to that of traditional internal combustion engine (ICE) vehicles. Automakers are investing in even faster-charging solutions and are working on battery technologies that promise shorter charging times. This trend is essential for addressing the practical concerns of consumers and facilitating long-distance travel with electric vehicles.

Energy Efficiency and Sustainability

Energy efficiency and sustainability have become central themes in the battery-powered propulsion system market. As the world grapples with the urgent need to reduce carbon emissions and combat climate change, the automotive industry is aligning itself with sustainability goals. Automakers are focusing on improving the energy efficiency of their electric vehicles. This entails optimizing various components, such as motors, regenerative braking systems, and thermal management, to ensure that as much of the energy stored in the battery is effectively converted into vehicle propulsion. Improved energy efficiency not only extends the range of EVs but also reduces the overall environmental impact of driving. Sustainability also encompasses the materials and manufacturing processes used in battery production. Efforts are being made to source materials responsibly, reduce the environmental footprint of battery production, and increase the recyclability of batteries. As a result, automakers are striving to create a more sustainable lifecycle for EVs, from raw material extraction to end-of-life disposal.

Connected and Autonomous Features

Another significant trend in the automotive battery-powered propulsion system market is the integration of connected and autonomous features in electric vehicles. As the automotive industry evolves, electric vehicles are becoming increasingly connected and intelligent. Connected features include advanced infotainment systems, over-the-air updates, and smartphone integration, all of which enhance the overall driving experience. These features allow for remote vehicle monitoring and control, which can be especially useful for EV owners. Moreover, connected technology enables efficient route planning and access to real-time data on charging station availability, further reducing range anxiety. Autonomous driving technology is another key aspect of this trend. While fully autonomous vehicles are still in development, many electric vehicles are equipped with advanced driver-assistance systems (ADAS). These systems offer features such as adaptive cruise control, lane-keeping assistance, and automated parking. As technology matures, it is expected to play a crucial role in making electric vehicles safer and more convenient.

Global Expansion and Market Penetration

The battery-powered propulsion system market is witnessing a trend of global expansion and market penetration. Electric vehicles are no longer limited to a few select regions but are gaining acceptance worldwide. Governments and regulatory bodies are increasingly incentivizing electric mobility by offering tax incentives, rebates, and emissions regulations that favor EVs. Automakers are recognizing the global potential of electric vehicles and are expanding their market reach. They are not only investing in research and development to create electric models but are also establishing manufacturing plants in various regions to cater to local demand. This global expansion is crucial for ensuring that EVs are accessible and affordable to consumers in different parts of the world. Moreover, the battery and charging infrastructure is growing internationally, with charging networks being developed on a global scale. As electric vehicles become more accessible and practical for consumers across different regions, market penetration is increasing, and the global automotive battery-powered propulsion system market is poised for significant growth.

Segmental Insights

In terms of battery type, the market primarily revolves around three main categories: lithium-ion, nickel-metal hydride, and other types. Lithium-ion batteries dominate the market due to their superior energy density, longer lifespan, and faster charging capabilities compared to other battery chemistries. These batteries are widely used in electric vehicles (EVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs) due to their ability to provide sufficient power and range to meet consumers' driving needs. Nickel-metal hydride batteries, while less common in newer vehicle models, are still utilized in some hybrid vehicles for their reliability and relatively lower cost. Other types of batteries, such as solid-state batteries and advanced lithium-ion variants, are also emerging as potential alternatives, offering improved performance and safety features.

The application of battery-powered propulsion systems spans various vehicle types and use cases, including plug-in vehicles, hybrid electric vehicles, and on and off-road electric vehicles. Plug-in vehicles, including battery electric vehicles (BEVs) and PHEVs, rely solely or primarily on electric propulsion, with the ability to charge their batteries from external power sources. These vehicles offer zero-emission driving and are increasingly favored by consumers and governments seeking to reduce greenhouse gas emissions and dependence on fossil fuels. Hybrid electric vehicles (HEVs) combine internal combustion engines with electric propulsion systems, offering improved fuel efficiency and reduced emissions compared to traditional gasoline vehicles. On and off-road electric vehicles encompass a wide range of applications, including electric buses, trucks, delivery vans, and off-road vehicles used in agriculture, mining, and construction. These vehicles leverage battery-powered propulsion systems to achieve lower operating costs, reduced environmental impact, and enhanced performance compared to their conventional counterparts..

Regional Insights

Asia Pacific will continue to dominate during the projection period. This is explained, among other places, by rising sales of passenger cars and electric vehicles in China, India, South Korea, and Japan. Furthermore, it is projected that demand in this region will be driven by expanding infrastructure development to accommodate increased vehicle production. Due to the strong demand from European nations like France and Germany, which have enacted strict laws prohibiting carbon emissions from automobile sources, battery-operated propulsion systems are preferred throughout this region. The market in North America is expanding as a result of the presence of significant players and an increase in research and development efforts pertaining to advanced automotive batteries, which are utilized to power motors because they have better performance characteristics than standard batteries.

Key Market Players

Robert Bosch GmbH

JTEKT Corporation

Denso Corporation

Nexteer Automotive

Mitsubishi Electric Corporation

TRW Automotive Holding

A123 Systems

NEC Corp

E-One Moli Energy Corp.

GS Yuasa Corp.

Report Scope:

In this report, the Global Automotive Battery Powered Propulsion System Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Battery Powered Propulsion System Market, By Battery Type:

  • Lithium-Ion
  • Nickel Metal Hydride
  • Others

Automotive Battery Powered Propulsion System Market, By Application Type:

  • Plug-in Vehicle
  • Hybrid Electric Vehicle
  • On and Off-Road Electric Vehicle

Automotive Battery Powered Propulsion System Market, By Region:

  • Asia-Pacific
  • China
  • India
  • Japan
  • Indonesia
  • Thailand
  • South Korea
  • Australia
  • Europe & CIS
  • Germany
  • Spain
  • France
  • Russia
  • Italy
  • United Kingdom
  • Belgium
  • North America
  • United States
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Turkey
  • Saudi Arabia
  • UAE

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Automotive Battery Powered Propulsion System Market.

Available Customizations:

  • Global Automotive Battery Powered Propulsion System market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Introduction

  • 1.1. Product Overview
  • 1.2. Key Highlights of the Report
  • 1.3. Market Coverage
  • 1.4. Market Segments Covered
  • 1.5. Research Tenure Considered

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Market Overview
  • 3.2. Market Forecast
  • 3.3. Key Regions
  • 3.4. Key Segments

4. Impact of COVID-19 on Global Automotive Battery Powered Propulsion System Market

5. Global Automotive Battery Powered Propulsion System Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Battery Type Market Share Analysis (Lithium-Ion, Nickel Metal Hydride, Others)
    • 5.2.2. By Application Type Market Share Analysis (Plug-in Vehicle, Hybrid Electric Vehicle, On and Off-Road Electric Vehicle)
    • 5.2.3. By Regional Market Share Analysis
      • 5.2.3.1. Asia-Pacific Market Share Analysis
      • 5.2.3.2. Europe & CIS Market Share Analysis
      • 5.2.3.3. North America Market Share Analysis
      • 5.2.3.4. South America Market Share Analysis
      • 5.2.3.5. Middle East & Africa Market Share Analysis
    • 5.2.4. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2022)
  • 5.3. Global Automotive Battery Powered Propulsion System Market Mapping & Opportunity Assessment
    • 5.3.1. By Battery Type Market Mapping & Opportunity Assessment
    • 5.3.2. By Application Type Market Mapping & Opportunity Assessment
    • 5.3.3. By Regional Market Mapping & Opportunity Assessment

6. Asia-Pacific Automotive Battery Powered Propulsion System Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Battery Type Market Share Analysis
    • 6.2.2. By Application Type Market Share Analysis
    • 6.2.3. By Country Market Share Analysis
      • 6.2.3.1. China Market Share Analysis
      • 6.2.3.2. India Market Share Analysis
      • 6.2.3.3. Japan Market Share Analysis
      • 6.2.3.4. Indonesia Market Share Analysis
      • 6.2.3.5. Thailand Market Share Analysis
      • 6.2.3.6. South Korea Market Share Analysis
      • 6.2.3.7. Australia Market Share Analysis
      • 6.2.3.8. Rest of Asia-Pacific Market Share Analysis
  • 6.3. Asia-Pacific: Country Analysis
    • 6.3.1. China Automotive Battery Powered Propulsion System Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Battery Type Market Share Analysis
        • 6.3.1.2.2. By Application Type Market Share Analysis
    • 6.3.2. India Automotive Battery Powered Propulsion System Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Battery Type Market Share Analysis
        • 6.3.2.2.2. By Application Type Market Share Analysis
    • 6.3.3. Japan Automotive Battery Powered Propulsion System Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Battery Type Market Share Analysis
        • 6.3.3.2.2. By Application Type Market Share Analysis
    • 6.3.4. Indonesia Automotive Battery Powered Propulsion System Market Outlook
      • 6.3.4.1. Market Size & Forecast
        • 6.3.4.1.1. By Value
      • 6.3.4.2. Market Share & Forecast
        • 6.3.4.2.1. By Battery Type Market Share Analysis
        • 6.3.4.2.2. By Application Type Market Share Analysis
    • 6.3.5. Thailand Automotive Battery Powered Propulsion System Market Outlook
      • 6.3.5.1. Market Size & Forecast
        • 6.3.5.1.1. By Value
      • 6.3.5.2. Market Share & Forecast
        • 6.3.5.2.1. By Battery Type Market Share Analysis
        • 6.3.5.2.2. By Application Type Market Share Analysis
    • 6.3.6. South Korea Automotive Battery Powered Propulsion System Market Outlook
      • 6.3.6.1. Market Size & Forecast
        • 6.3.6.1.1. By Value
      • 6.3.6.2. Market Share & Forecast
        • 6.3.6.2.1. By Battery Type Market Share Analysis
        • 6.3.6.2.2. By Application Type Market Share Analysis
    • 6.3.7. Australia Automotive Battery Powered Propulsion System Market Outlook
      • 6.3.7.1. Market Size & Forecast
        • 6.3.7.1.1. By Value
      • 6.3.7.2. Market Share & Forecast
        • 6.3.7.2.1. By Battery Type Market Share Analysis
        • 6.3.7.2.2. By Application Type Market Share Analysis

7. Europe & CIS Automotive Battery Powered Propulsion System Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Battery Type Market Share Analysis
    • 7.2.2. By Application Type Market Share Analysis
    • 7.2.3. By Country Market Share Analysis
      • 7.2.3.1. Germany Market Share Analysis
      • 7.2.3.2. Spain Market Share Analysis
      • 7.2.3.3. France Market Share Analysis
      • 7.2.3.4. Russia Market Share Analysis
      • 7.2.3.5. Italy Market Share Analysis
      • 7.2.3.6. United Kingdom Market Share Analysis
      • 7.2.3.7. Belgium Market Share Analysis
      • 7.2.3.8. Rest of Europe & CIS Market Share Analysis
  • 7.3. Europe & CIS: Country Analysis
    • 7.3.1. Germany Automotive Battery Powered Propulsion System Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Battery Type Market Share Analysis
        • 7.3.1.2.2. By Application Type Market Share Analysis
    • 7.3.2. Spain Automotive Battery Powered Propulsion System Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Battery Type Market Share Analysis
        • 7.3.2.2.2. By Application Type Market Share Analysis
    • 7.3.3. France Automotive Battery Powered Propulsion System Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Battery Type Market Share Analysis
        • 7.3.3.2.2. By Application Type Market Share Analysis
    • 7.3.4. Russia Automotive Battery Powered Propulsion System Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Battery Type Market Share Analysis
        • 7.3.4.2.2. By Application Type Market Share Analysis
    • 7.3.5. Italy Automotive Battery Powered Propulsion System Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Battery Type Market Share Analysis
        • 7.3.5.2.2. By Application Type Market Share Analysis
    • 7.3.6. United Kingdom Automotive Battery Powered Propulsion System Market Outlook
      • 7.3.6.1. Market Size & Forecast
        • 7.3.6.1.1. By Value
      • 7.3.6.2. Market Share & Forecast
        • 7.3.6.2.1. By Battery Type Market Share Analysis
        • 7.3.6.2.2. By Application Type Market Share Analysis
    • 7.3.7. Belgium Automotive Battery Powered Propulsion System Market Outlook
      • 7.3.7.1. Market Size & Forecast
        • 7.3.7.1.1. By Value
      • 7.3.7.2. Market Share & Forecast
        • 7.3.7.2.1. By Battery Type Market Share Analysis
        • 7.3.7.2.2. By Application Type Market Share Analysis

8. North America Automotive Battery Powered Propulsion System Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Battery Type Market Share Analysis
    • 8.2.2. By Application Type Market Share Analysis
    • 8.2.3. By Country Market Share Analysis
      • 8.2.3.1. United States Market Share Analysis
      • 8.2.3.2. Mexico Market Share Analysis
      • 8.2.3.3. Canada Market Share Analysis
  • 8.3. North America: Country Analysis
    • 8.3.1. United States Automotive Battery Powered Propulsion System Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Battery Type Market Share Analysis
        • 8.3.1.2.2. By Application Type Market Share Analysis
    • 8.3.2. Mexico Automotive Battery Powered Propulsion System Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Battery Type Market Share Analysis
        • 8.3.2.2.2. By Application Type Market Share Analysis
    • 8.3.3. Canada Automotive Battery Powered Propulsion System Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Battery Type Market Share Analysis
        • 8.3.3.2.2. By Application Type Market Share Analysis

9. South America Automotive Battery Powered Propulsion System Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Battery Type Market Share Analysis
    • 9.2.2. By Application Type Market Share Analysis
    • 9.2.3. By Country Market Share Analysis
      • 9.2.3.1. Brazil Market Share Analysis
      • 9.2.3.2. Argentina Market Share Analysis
      • 9.2.3.3. Colombia Market Share Analysis
      • 9.2.3.4. Rest of South America Market Share Analysis
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Automotive Battery Powered Propulsion System Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Battery Type Market Share Analysis
        • 9.3.1.2.2. By Application Type Market Share Analysis
    • 9.3.2. Colombia Automotive Battery Powered Propulsion System Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Battery Type Market Share Analysis
        • 9.3.2.2.2. By Application Type Market Share Analysis
    • 9.3.3. Argentina Automotive Battery Powered Propulsion System Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Battery Type Market Share Analysis
        • 9.3.3.2.2. By Application Type Market Share Analysis

10. Middle East & Africa Automotive Battery Powered Propulsion System Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Battery Type Market Share Analysis
    • 10.2.2. By Application Type Market Share Analysis
    • 10.2.3. By Country Market Share Analysis
      • 10.2.3.1. South Africa Market Share Analysis
      • 10.2.3.2. Turkey Market Share Analysis
      • 10.2.3.3. Saudi Arabia Market Share Analysis
      • 10.2.3.4. UAE Market Share Analysis
      • 10.2.3.5. Rest of Middle East & Africa Market Share Analysis
  • 10.3. Middle East & Africa: Country Analysis
    • 10.3.1. South Africa Automotive Battery Powered Propulsion System Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Battery Type Market Share Analysis
        • 10.3.1.2.2. By Application Type Market Share Analysis
    • 10.3.2. Turkey Automotive Battery Powered Propulsion System Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Battery Type Market Share Analysis
        • 10.3.2.2.2. By Application Type Market Share Analysis
    • 10.3.3. Saudi Arabia Automotive Battery Powered Propulsion System Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Battery Type Market Share Analysis
        • 10.3.3.2.2. By Application Type Market Share Analysis
    • 10.3.4. UAE Automotive Battery Powered Propulsion System Market Outlook
      • 10.3.4.1. Market Size & Forecast
        • 10.3.4.1.1. By Value
      • 10.3.4.2. Market Share & Forecast
        • 10.3.4.2.1. By Battery Type Market Share Analysis
        • 10.3.4.2.2. By Application Type Market Share Analysis

11. SWOT Analysis

  • 11.1. Strength
  • 11.2. Weakness
  • 11.3. Opportunities
  • 11.4. Threats

12. Market Dynamics

  • 12.1. Market Drivers
  • 12.2. Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

  • 14.1. Company Profiles (Up to 10 Major Companies)
    • 14.1.1. Robert Bosch GmbH
      • 14.1.1.1. Company Details
      • 14.1.1.2. Key Product Offered
      • 14.1.1.3. Financials (As Per Availability)
      • 14.1.1.4. Recent Developments
      • 14.1.1.5. Key Management Personnel
    • 14.1.2. JTEKT Corporation.
      • 14.1.2.1. Company Details
      • 14.1.2.2. Key Product Offered
      • 14.1.2.3. Financials (As Per Availability)
      • 14.1.2.4. Recent Developments
      • 14.1.2.5. Key Management Personnel
    • 14.1.3. Denso Corporation.
      • 14.1.3.1. Company Details
      • 14.1.3.2. Key Product Offered
      • 14.1.3.3. Financials (As Per Availability)
      • 14.1.3.4. Recent Developments
      • 14.1.3.5. Key Management Personnel
    • 14.1.4. Nexteer Automotive.
      • 14.1.4.1. Company Details
      • 14.1.4.2. Key Product Offered
      • 14.1.4.3. Financials (As Per Availability)
      • 14.1.4.4. Recent Developments
      • 14.1.4.5. Key Management Personnel
    • 14.1.5. Mitsubishi Electric Corporation.
      • 14.1.5.1. Company Details
      • 14.1.5.2. Key Product Offered
      • 14.1.5.3. Financials (As Per Availability)
      • 14.1.5.4. Recent Developments
      • 14.1.5.5. Key Management Personnel
    • 14.1.6. TRW Automotive Holding
      • 14.1.6.1. Company Details
      • 14.1.6.2. Key Product Offered
      • 14.1.6.3. Financials (As Per Availability)
      • 14.1.6.4. Recent Developments
      • 14.1.6.5. Key Management Personnel
    • 14.1.7. A123 Systems
      • 14.1.7.1. Company Details
      • 14.1.7.2. Key Product Offered
      • 14.1.7.3. Financials (As Per Availability)
      • 14.1.7.4. Recent Developments
      • 14.1.7.5. Key Management Personnel
    • 14.1.8. NEC Corp.
      • 14.1.8.1. Company Details
      • 14.1.8.2. Key Product Offered
      • 14.1.8.3. Financials (As Per Availability)
      • 14.1.8.4. Recent Developments
      • 14.1.8.5. Key Management Personnel
    • 14.1.9. E-One Moli Energy Corp.
      • 14.1.9.1. Company Details
      • 14.1.9.2. Key Product Offered
      • 14.1.9.3. Financials (As Per Availability)
      • 14.1.9.4. Recent Developments
      • 14.1.9.5. Key Management Personnel
    • 14.1.10. GS Yuasa Corp.
      • 14.1.10.1. Company Details
      • 14.1.10.2. Key Product Offered
      • 14.1.10.3. Financials (As Per Availability)
      • 14.1.10.4. Recent Developments
      • 14.1.10.5. Key Management Personnel

15. Strategic Recommendations

  • 15.1. Key Focus Areas
    • 15.1.1. Target Regions
    • 15.1.2. Target Battery Type
    • 15.1.3. Target By Application Type

16. About Us & Disclaimer