HEV Li-ion Battery Market to Witness Stunning Growth | SAMSUNG SDI, Hitachi, BYD, LG Energy Solution

HTF MI recently introduced Global HEV Li-ion Battery Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2030). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are LG Energy Solution (South Korea), BYD Company Ltd (China), SAMSUNG SDI (South Korea), AESC Group Ltd (Japan), Hitachi, Ltd. (Japan), TOSHIBA CORPORATION (Japan), GS Yuasa International Ltd. (Japan), Primearth EV Energy Co., Ltd. (Japan), CALB (China), EVE Energy Co., Ltd (China), Vehicle Energy Japan Inc. (Japan), Nissan Motor Co., Ltd. (Japan), Elecsys France (France).

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According to HTF Market Intelligence, the Global HEV Li-ion Battery market is expected to grow from 35 Billion USD in 2023 to 80 Billion USD by 2030, with a CAGR of 11% from 2024 to 2030. The market is segmented by Global HEV Li-ion Battery Market Breakdown by Application (Passenger Vehicles, Commercial Vehicles, Others) by Battery Capacity (Low Capacity (up to 10 kWh), Medium Capacity (10 kWh to 30 kWh), High Capacity (above 30 kWh)) by Vehicles Type (Full Hybrid Electric Vehicles, Plug-in Hybrid Electric Vehicles, Others) by Battery Type (Lithium Iron Phosphate (LiFePO4), Lithium Nickel Manganese Cobalt Oxide (NMC), Lithium Nickel Cobalt Aluminum Oxide (NCA), Others) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

Definition:
Rechargeable batteries used in hybrid electric vehicles are called HEV Li-ion batteries, or hybrid electric vehicle lithium-ion batteries. It makes use of lithium-ion technology, which is renowned for having a long cycle life, a high energy density, and a lightweight construction. These batteries are necessary to power electric propulsion, boost vehicle performance, and increase fuel efficiency. In comparison to conventional lead-acid batteries, HEV Li-ion batteries offer more energy storage and quicker charging periods. By effectively transferring energy between the car's internal combustion engine and electric motor, they also reduce pollutants. Their cutting-edge technology responds to the growing need for eco-friendly modes of transportation.

Market Trends:
• ●Advancements in Battery Technology
• ●Shift Toward Digital and Automated Tools

Market Drivers:
• ●Rising demand for hybrid electric vehicles
• ●Increasing fuel prices

Market Opportunities:
• ●Development of Ultra-fast Charging Technologies ●Innovation in Battery Chemistry

Dominating Region:
• North America, Europe, APAC

Fastest-Growing Region:
• APAC

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of HEV Li-ion Battery market segments by Types: Lithium Iron Phosphate (LiFePO4), Lithium Nickel Manganese Cobalt Oxide (NMC), Lithium Nickel Cobalt Aluminum Oxide (NCA), Others
Detailed analysis of HEV Li-ion Battery market segments by Applications: Passenger Vehicles, Commercial Vehicles, Others

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

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HEV Li-ion Battery Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Points Covered in Table of Content of Global HEV Li-ion Battery Market:
Chapter 01 - HEV Li-ion Battery Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global HEV Li-ion Battery Market - Pricing Analysis
Chapter 05 - Global HEV Li-ion Battery Market Background or History
Chapter 06 - Global HEV Li-ion Battery Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide HEV Li-ion Battery Market
Chapter 08 - Global HEV Li-ion Battery Market Structure & worth Analysis
Chapter 09 - Global HEV Li-ion Battery Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - HEV Li-ion Battery Market Research Methodology

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

Contact Us:
Ganesh (Senior Web Analyst)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

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