Global Cell to Pack Battery Market Overview
According to SPER Market Research, the Global Cell to Pack Battery Market is estimated to reach USD 47.71 billion by 2032 with a CAGR of 27.13%.
The market for battery cells is anticipated to grow and expand to a great extent, despite the COVID-19 pandemic having an impact on the market under study in 2020, it recovered and returned to pre-pandemic levels. During the anticipated period, the market's expansion is anticipated to be aided by the rising demand for battery cells. The market under study is anticipated to increase as a result of the quick uptake of electric vehicles, which is primarily being fueled by the falling cost of lithium-ion batteries. There is no swelling risk with these battery cells. Users favour it because of these advantages over other battery cell types. However, compared to the cylindrical shape, it may be more expensive to construct, less effective at managing thermal energy, and have a shorter cycle life. However, the market's expansion is being constrained by the absence of direct access to battery metals. Rising use of lightweight materials in cars is a significant element improving industry prospects. Because of their lower emissions and improved fuel efficiency, lightweight vehicles are more widely used. In the upcoming years, there may be a surge in demand for lightweight EV battery cells and pack materials due to growing environmental concerns and increased emphasis on reducing CO2 emissions. The price of smart devices is anticipated to drop as a result of technical developments, making them more accessible to the general public and creating prospects for growth. The market is dominated by Asia-Pacific, which is anticipated to experience the greatest CAGR during the forecast period. Most of the demand is generated by nations like China and India.
Impact of COVID-19 on the Global Cell to Pack Battery Market
As it experienced complete shutdowns during the first several months of the COVID-19 epidemic, China's significance as the hub of battery production and delivery was felt around the world. Due to quarantine procedures, its lead times for producing practically all commodities more than quadrupled, and the shutdowns equally affected LIB fabrication. CATL and BYD, two significant Chinese LIB producers, announced prolonged manufacturing delays. Large mining operations all over the world have closed their doors and limited employee movement. Quarantine restrictions in particular made it difficult to extract cobalt. In order to prevent closures, the Argentinean government and several others identified the mining industry as an essential industry. However, restrictions on internal and foreign travel made it difficult to access the work force needed to fully run all industrial facilities.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Form, By Battery Type, By Vehicle Type, By Technology.
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | BYD Company Ltd, Contemporary Amperex Technology Co. Ltd, C4V, LG Energy, Sunwoda Electronic Co. Ltd, Tesla, XPENG INC.
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Global Cell to Pack Battery Market Segmentation:
1. By Form:
- Cylindrical
- Pouch
- Prismatic
2. By Battery Type:
3. By Vehicle Type:
- Passenger Cars
- Commercial Vehicles
4. By Technology:
5. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Cell to Pack Battery Market (FY’2019-FY’2032)
- Overview of Global Cell to Pack Battery Market
- Segmentation of Global Cell to Pack Battery Market By Form (Cylindrical, Pouch, Prismatic)
- Segmentation of Global Cell to Pack Battery Market By Battery Type (LFP, NMC)
- Segmentation of Global Cell to Pack Battery Market By Vehicle Type (Passenger Cars, Commercial Vehicles)
- Segmentation of Global Cell to Pack Battery Market By Technology (Blade, LiSER)
- Statistical Snap of Global Cell to Pack Battery Market
- Growth Analysis of Global Cell to Pack Battery Market
- Problems and Challenges in Global Cell to Pack Battery Market
- Competitive Landscape in the Global Cell to Pack Battery Market
- Impact of COVID-19 and Demonetization on Global Cell to Pack Battery Market
- Details on Recent Investment in Global Cell to Pack Battery Market
- Competitive Analysis of Global Cell to Pack Battery Market
- Major Players in the Global Cell to Pack Battery Market
- SWOT Analysis of Global Cell to Pack Battery Market
- Global Cell to Pack Battery Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Cell to Pack Battery Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Cell to Pack Battery Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Cell to Pack Battery Market
7. Global Cell to Pack Battery Market, By Form, 2019-2032 (USD Million)
7.1 Cylindrical
7.2 Pouch
7.3 Prismatic
8. Global Cell to Pack Battery Market, By Battery Type, 2019-2032 (USD Million)
8.1 LFP
8.2 NMC
9. Global Cell to Pack Battery Market, By Vehicle Type, 2019-2032 (USD Million)
9.1 Passenger Cars
9.2 Commercial Vehicles
10. Global Cell to Pack Battery Market, By Technology, 2019-2032 (USD Million)
10.1 Blade
10.2 LiSER
11. Global Cell to Pack Battery Market, By Region, 2019-2032 (USD Million)
11.1 Global Cell to Pack Battery Market Size and Market Share by Region (2019-2025)
11.2 Global Cell to Pack Battery Market Size and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12.Company Profiles
12.1 BYD Company Ltd.
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 Contemporary Amperex Technology Co. Ltd.
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 C4V
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 LG Energy
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 Sunwoda Electronic Co. Ltd
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 Tesla
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 XPENG INC.
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
