The latest report by MarkNtel Advisors, titled “Electric Vehicle (EV) Battery Housing Market Report By Material (Steel, Aluminum, Glass Fiber-Reinforced Polymer (GFRP), Carbon Fiber Reinforced Polymer (CFRP)), By Cell Format Type (Pouch Cell, Cylindrical Cell, Prismatic Cell), ByVehicle 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), other and Region 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the Electric Vehicle (EV) Battery Housing Market research report.
What is the market outlook for Electric Vehicle (EV) Battery Housing?
The Electric Vehicle (EV) Battery Housing Market size is estimated to grow at a CAGR of around 38% during the forecast period 2023–28.
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Major Companies Operating in the Electric Vehicle (EV) Battery Housing Industry:
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
Electric Vehicle (EV) Battery Housing Market Report Segmentation:
By Material
-Steel
-Aluminum
-Glass Fiber-Reinforcede Polymer (GFRP)
-Carbon Fiber Reinforced Polymer (CFRP)
By Cell Format Type
-Pouch Cell
-Cylindrical Cell
-Prismatic Cell
- Of these, the Cylindrical Cell holds a significant proportion of the Global Electric Vehicle (EV) Battery Housing Market share owing to the adoption of this specific cell by the vast range of two- and three-wheeler OEMs.
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 wheeler
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Regional Insights:
- North America: USA, Canada, Mexico
- Europe: Germany, UK, France, other
- Asia-Pacific: China, India, Japan, South Korea, Australia
- South America: Brazil, other
- Middle East & Africa: UAE, Saudi Arabia, South Africa
Possible Restraint: Lack of Enough EV Charging Stations Globally
Inadequate charging stations globally can act as an obstacle to electric vehicle growth and indirectly impact market for batteries housing. Although a few countries have achieved satisfactory levels in terms of creating ev charging infrastructures, many countries still need to catch up in establishing enough charging stations in their provinces. For instance, The Netherlands is reported to have the highest number of stations located at a distance of 100 km. Within this specific range, they have built 19-20 charging stations. On the other hand, China is ranked second with 3-4 stations per 100 km. Similarly, the United Kingdom is third with three stations per 100 km. Thus, others countries need to follow in the footsteps of these countries for EVs to thrive during the forecast period.
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