According to ESOMAR-certified Future Market Insights’ (FMI) – Over the forecast period, the global electric vehicle battery housing market is expected to grow at a rapid CAGR of 31.8%. The market is expected to reach US$ 1,531.1 Million in 2023. The market is anticipated to reach US$ 24,219.1 Million by 2033.
The Electric Vehicle (EV) Battery Housing Market involves the manufacturing, distribution, and sale of specialized enclosures or housings designed to accommodate and protect the battery packs used in electric vehicles. These housings are crucial components that ensure the safe operation, thermal management, and structural integrity of the battery systems, contributing to the overall performance, efficiency, and safety of electric vehicles. Here’s an overview of the Electric Vehicle Battery Housing Market:
KEY TAKEAWAYS
- The UK electric vehicle battery housing market is estimated to grow at a CAGR of 28% over the forecast period.
- The German electric car battery housing market is expected to hold 11.2% of the global market over the forecast period
- During the projection period, the Chinese electric vehicle battery housing market is expected to expand at a CAGR of 26.4% through 2032.
- Japan is expected to hold 1.1% of the global market over the forecast period.
- The Indian electric vehicle battery housing market is expected to have the highest global market share, growing at a CAGR of 42.2%.
- Over the projected period, the US electric vehicle battery housing market is expected to hold 9.3% of the global market.
Ask the Analyst:
https://www.futuremarketinsights.com/ask-question/rep-gb-15892
Key Segmentation of the Electric Vehicle Battery Housing Market
By Material:
- Metallic
- Non-metallic
By Application:
- Passenger Vehicle
- Commercial Vehicle
By Cell Format Type:
- Pouch Cell
- Cylindrical Cell
- Prismatic Cell
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & ASEAN
- Oceania
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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