UAE Electric Vehicle Battery Market Growth, Size, Trends, Demand, Revenue and Future Outlook
UAE Electric Vehicle Battery Market Size- By Propulsion Type, By Battery Type, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jan-2024 | Report ID: AMIN2408 | Pages: 1 - 103 | Formats*: |
| Category : Automotive & Transportation | |||
UAE Electric Vehicle Battery Market Introduction and Overview
According to SPER Market Research, the UAE Electric Vehicle Battery Market is estimated to reach USD XX billion by 2033 with CAGR of XX%.
The report includes an in-depth analysis of the UAE Electric Vehicle Battery Market, including market size and trends, product mix, applications, and supplier analysis. To get the right voltage and capacity in the final pack, an electric car battery is often made up of hundreds of tiny, individual cells organized in a series/parallel configuration. Blocks of 18–30 parallel cells connected in series to produce the desired voltage make up a typical pack. For instance, a 400V nominal pack (like the Tesla Model 3) typically contains about 96 series blocks. The majority of battery technologies currently in use have significantly lower specific energy than liquid fuels, which typically reduces an all-electric car's maximum range.
- July 2022: In keeping with the UAE's Net Zero 2050 vision, ONE MOTO and RIT have reached an agreement to increase the usage of electric motorbikes in the last-mile delivery and logistics sectors.
- August 2022: Al Wegdaniya Transport and General Motors Middle East (GM MEO) signed a Memorandum of Understanding (MoU) to investigate the possibility of leasing electric vehicles (EVs). The agreement to electrify all forms of transportation is reaffirmed in the memorandum of understanding.
Market Opportunities and Challenges
The push for electric transportation has been fueled by the UAE's commitment to economic diversification and lowering its reliance on fossil fuels. The United Arab Emirates seeks to lessen its carbon footprint and contribute to a more sustainable and environmentally friendly future by supporting electric vehicles and related technology. As part of its efforts to develop smart cities, the UAE has been making investments in electric bus and tram networks. These environmentally friendly transportation choices complement the nation's emphasis on innovation and sustainability. Fast chargers and high-capacity chargers are among the cutting-edge charging technologies that have been integrated in the UAE. The goal of these developments is to shorten charging periods and make owning an EV more convenient.
However, purchasing an electric vehicle is typically more expensive than buying a conventional gasoline-powered vehicle. The expense of the battery and electric drivetrain technology is the reason for this pricing difference. Even while EVs have lower fuel and maintenance expenses over the long run, many potential consumers may be put off by the greater initial cost, particularly in price-sensitive market groups. Luxury and high-performance electric vehicles have been the main emphasis of the UAE's electric car market. Although they satisfy the nation's taste for high-end cars, the selection of reasonably priced electric versions is small. More affordable EV solutions will increase the accessibility of electric mobility for a larger segment of the market.
Market Competitive Landscape
The competition landscape has also been thoroughly analysed in the market research report. The research includes information on competition analysis, including market structure, key player positioning, and top winning tactics, competitive dashboard, and firm evaluation quadrant. All significant companies have also been given thorough profiles. Some of major players are Audi AG, BMW AG, Ford Motor Company, General Motors Company, Hyundai Motor Company, Mitsubishi Fuso Truck and Bus Corporation, One Moto Technologies Ltd, Toyota Motor Corporation, Volkswagen AG, Tesla, Inc. and various others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Propulsion Type, By Battery Type, By Vehicle Type |
| Regions covered | Abu Dhabi, Dubai, Sharjah, and Rest of UAE |
| Companies Covered | Audi AG, BMW AG, Ford Motor Company, General Motors Company, Hyundai Motor Company, Mitsubishi Fuso Truck and Bus Corporation, One Moto Technologies Ltd, Toyota Motor Corporation, Volkswagen AG, Tesla, Inc. and various others. |
COVID-19 Impact on UAE Electric Vehicle Battery Market
Supply chain interruptions brought on by the pandemic have an impact on the manufacture of electric vehicles and the batteries that go into them. Electric vehicle production and availability may be impacted by supply chain delays. The demand for electric vehicles has been impacted by changes in customer behaviour during the epidemic and economic uncertainty. Some areas have experienced a rise in interest in environmentally friendly transportation, while demand for cars has generally decreased in other areas. The UAE is one of many nations with laws and incentives encouraging the use of electric cars. The pandemic may have an impact on government priorities and resource allocation, which could have an effect on planned or current incentives for electric vehicles and their parts.
Key Target Audience:
- Automobile Manufacturers
- Battery Manufacturers and Suppliers
- Charging station operators and service providers.
- Automotive Dealerships and Distributors
- Consumers
- Industry Associations and Trade Organizations
Our in-depth analysis of the UAE Electric Vehicle Battery Market includes the following segments:
| By Propulsion Type: |
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| By Battery Type: |
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| By Vehicle Type: |
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Key Topics Covered in the Report:
- UAE Electric Vehicle Battery Market Size (FY’2023-FY’2033)
- Overview of UAE Electric Vehicle Battery Market
- Segmentation of UAE Electric Vehicle Battery Market By Propulsion Type (BEV, HEV, PHEV)
- Segmentation of UAE Electric Vehicle Battery Market By Battery Type (Li-ion Battery, Lead Acid, Others)
- Segmentation of UAE Electric Vehicle Battery Market By Vehicle Type (Commercial Vehicles, Passenger Vehicles)
- Statistical Snap of UAE Electric Vehicle Battery Market
- Expansion Analysis of UAE Electric Vehicle Battery Market
- Problems and Obstacles in UAE Electric Vehicle Battery Market
- Competitive Landscape in the UAE Electric Vehicle Battery Market
- Impact of COVID-19 and Demonetization on UAE Electric Vehicle Battery Market
- Details on Current Investment in UAE Electric Vehicle Battery Market
- Competitive Analysis of UAE Electric Vehicle Battery Market
- Prominent Players in the UAE Electric Vehicle Battery Market
- SWOT Analysis of UAE Electric Vehicle Battery Market
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the UAE Electric Vehicle Battery Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. UAE Electric Vehicle Battery Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in UAE Electric Vehicle Battery Market
7. UAE Electric Vehicle Battery Market , By Propulsion Type (USD Million)
7.1. UAE Electric Vehicle Battery Market Value Share and Forecast, By Propulsion Type, 2023-20337.2. BEV7.3. HEV7.4. PHEV
8. UAE Electric Vehicle Battery Market , By Battery Type (USD Million)
8.1. UAE Electric Vehicle Battery Market Value Share and Forecast, By Battery Type, 2023-20338.2. Li-ion Battery8.3. Lead Acid8.4. Others (Nickel Metal Hybrid, sodium ion, solid state)
9. UAE Electric Vehicle Battery Market , By Vehicle Type (USD Million)
9.1. UAE Electric Vehicle Battery Market Value Share and Forecast, By Vehicle Type, 2023-20339.2. Commercial Vehicles9.3. Passenger Vehicles
10. UAE Electric Vehicle Battery Market Forecast, 2019-2033 (USD Million)
10.1. UAE Electric Vehicle Battery Market Size and Market Share
11. UAE Electric Vehicle Battery Market , By Propulsion Type, 2019-2033 (USD Million)
11.1. UAE Electric Vehicle Battery Market Size and Market Share By Propulsion Type (2019-2026)11.2. UAE Electric Vehicle Battery Market Size and Market Share By Propulsion Type (2027-2033)
12. UAE Electric Vehicle Battery Market , By Battery Type, 2019-2033 (USD Million)
12.1. UAE Electric Vehicle Battery Market Size and Market Share By Battery Type (2019-2026)12.2. UAE Electric Vehicle Battery Market Size and Market Share By Battery Type (2027-2033)
13. UAE Electric Vehicle Battery Market , By Vehicle Type, 2019-2033 (USD Million)
13.1. UAE Electric Vehicle Battery Market Size and Market Share By Vehicle Type (2019-2026)13.2. UAE Electric Vehicle Battery Market Size and Market Share By Vehicle Type (2027-2033)
14. UAE Electric Vehicle Battery Market , By Region, 2019-2033 (USD Million)
14.1. UAE Electric Vehicle Battery Market Size and Market Share By Region (2019-2026)14.2. UAE Electric Vehicle Battery Market Size and Market Share By Region (2027-2033)14.3. Abu Dhabi14.4. Dubai14.5. Sharjah14.6. Rest of UAE
15. Company Profile
15.1. Audi AG
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. BMW AG15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. Ford Motor Company15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. General Motors Company15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. Hyundai Motor Company15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. One Moto Technologies Ltd15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. Toyota Motor Corporation15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments15.8. Volkswagen AG15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments15.9 Tesla, Inc.15.9.1 Company details15.9.2 Financial outlook15.9.3 Product summary15.9.4 Recent developments15.20 Others
16 List of Abbreviations
17 Reference Links
18 Conclusion
19 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.
Frequently Asked Questions About This Report
The key players in the market include Companies Covered Audi AG, BMW AG, Ford Motor Company, General Motors Company, Hyundai Motor Company, Mitsubishi Fuso Truck and Bus Corporation, One Moto Technologies Ltd, Toyota Motor Corporation, Volkswagen AG, Tesla, Inc. and various others.
UAE Electric Vehicle Battery Market, including market size and trends, product mix, applications, and supplier analysis. To get the right voltage and capacity in the final pack, an electric car battery is often made up of hundreds of tiny, individual cells organized in a series/parallel configuration.
UAE Electric Vehicle Battery Market is projected to reach USD XX Billion by 2033, growing at a CAGR of XX% during the forecast period.
UAE Electric Vehicle Battery Market grew in market size from 2023. The Market is expected to reach USD XX Billion by 2033, at a CAGR of XX% during the forecast period.
UAE Electric Vehicle Battery Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link -Click Here
UAE Electric Vehicle Battery Market size is USD XX Billion from 2023 to 2033.
UAE Electric Vehicle Battery Market Segment is Covered By Propulsion Type, By Battery Type, By Vehicle Type
The Middle East region is anticipated to have the highest market share in UAE Electric Vehicle Battery Market.
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