A high voltage battery is an alternative source of energy or fuel. The high voltage batteries are used to generate more power than that of ordinary batteries. Due to rapid charging capabilities and high power output allows these batteries to be utilized in hybrid and electric vehicles. These batteries have to operate under very immense conditions and environment so it can provide energy to the electrical power train for the vehicle propulsion. The high voltage battery used in automotive (electric vehicle (EV’s), hybrid electric vehicle (HEV’s), plug-in hybrid electric vehicle (PHEV’s) and pure battery electric vehicles (BEVs)) is a set of battery packs combining various multiple functions and components which involves an application of electrochemical and mechanical principles. Batteries used in the vehicles are having many separate cells in an order with a series connections.

The global high voltage battery market for automotive is expected to grow during the forecast period due to increase in demand for alternative fuel vehicles and currently most OEM’s are focusing on developing new alternative energy vehicles like electric vehicles. The major drivers for the growth of high voltage batteries for automotive is growing demand for higher power and acceleration with the capacity of long driving range. The requirement for the fast charging drive along with investment of governments on smart cities and infrastructure for the future mobility and transportation like battery operated train, buses and trucks can also lead to increase the demand of high voltage battery market for automotive. Higher cost of the high voltage batteries results into the higher cost of the high voltage battery enabled vehicles which is the major restraints of the high voltage battery for automotive.

The global high voltage battery market for automotive can be segmented based on battery technologies, battery type, battery capacity, by voltage, by driving range, by vehicle type, and by region. In terms of battery type, the high voltage battery market for automotive can be bifurcated into front Nickel Cobalt Aluminum Oxide (NCA), Lithium Nickel Manganese Cobalt Oxide (NMC), Lithium Iron Phosphate (LFP) and Other battery types. On the basis of battery capacity, the high voltage battery market for automotive can be segregated into 75-150 kWh, 151-225 kWh, 226-300 kWh and above >300 kWh. On the basis of voltage, the high voltage battery market for automotive can be segmented into 400v-600v and >600v. On the basis of driving range the segmentation is done on the basis of 100-250 Miles, 251-400 Miles, 401-550 Miles, and >550 Miles. Based on vehicle type, the high voltage battery market for automotive can be segmented into passenger vehicle and commercial vehicle. In terms of region, the high voltage battery market for automotive can be divided into Europe, North America, Latin America, Middle East & Africa, and Asia Pacific.

Key players operating in the global high voltage battery market for automotive include Robert Bosch, ABB, CATL, Continental AG, Delphi Technologies, LG Chem, BYD, Samsung SDI, Johnson Controls, Chargepoint, EDP Brasil, Magna International, Tesla, Siemens AG, Mitsubishi Electric, Nissan Motor Corporation, Panasonic Corporation, Proterra and XALT Energy.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Automotive High Voltage Battery Market

Pre Book