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High Voltage Battery Market Trends With Johnson Controls, Tesla, Panasonic, BYD, LG Chem, Samsung SDI, Siemens, Bosch, Delphi Technologies, Mitsubishi Electric

High Voltage Battery Market is expected to rise from its initial estimated value of USD 8.97 billion in 2018 to an estimated value of USD 124.13 billion by 2026, registering a CAGR of 38.88% in the forecast period of 2019-2026. This projected rise in market value can be attributed to the increasing need for vehicles capable of having a bigger driving range, along with the growing demand of electronic vehicles.

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Key Developments in the Market:

  • In May 2018, PROTERRA announced the introduction of high-power charging alternatives for the convenience and achieving 100 per cent electric bus fleets.
  • In November 2017, Tesla announced the introduction of a prototype for the electric powered semi-truck that is projected to be vastly more cost efficient than their diesel powered counterparts currently in use.

Market Key Competitors: 

Few of the major competitors currently working in the high voltage battery market are:-

  • Tesla,
  • BYD Company Ltd.,
  • Panasonic Corporation,
  • LG Chem,
  • Continental AG,
  • SAMSUNG SDI CO.LTD.,
  • XALT Energy LLC,
  • ABB,
  • Contemporary Amperex Technology Co. Limited,
  • Siemens AG,
  • PROTERRA,
  • Robert Bosch GmbH,
  • Delphi Technologies,
  • Mitsubishi Electric Corporation,
  • Nissan,
  • Johnson Controls,
  • ChargePoint Inc.,
  • Magna International Inc.

High Voltage Battery Market Competitive Analysis: 

Global high voltage battery market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of high voltage battery market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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TABLE OF CONTENTS

  1. MARKET OVERVIEW

1.1. Market Definitions

1.2. Research Methodology

1.3. Market Segmentation

 

  1. EXECUTIVE SUMMARY

 

  1. MARKET DYNAMICS

3.1. Drivers

3.2. Restraints

3.3. Opportunities

3.4. Premium Market Trends

 

  1. INDUSTRY ANALYSIS

4.1. Value Chain Analysis

4.2. Technology Roadmap

4.3. Market Attractiveness Analysis

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Market Drivers:

  • Increased demand for electric vehicles and increasing their driving range is expected to drive the market growth
  • Growing demand for higher voltage battery systems is also expected to drive the market growth

Market Restraints:

  • High amounts of development cost of the products is expected to restrain the market growth
  • Lack of capability to increase the lifeline of lithium batteries is another factor that is expected to restrain the market growth

Segmentation: Global High Voltage Battery Market

  • By Voltage Type
    • 400V-600V
    • More than 600V
  • By Battery Type
    • NCA (Lithium Nickel Cobalt Aluminum Oxide)
    • NMC (Lithium Nickel Manganese Cobalt Oxide)
    • LFP (Lithium Iron Phosphate)
    • Others
  • By Battery Capacity
    • 75-150 kWh
    • 151-225 kWh
    • 226-300 kWh
    • More than 300 kWh
  • By Driving Range
    • 100-250 Miles
    • 251-400 Miles
    • 401-550 Miles
    • More than 550 Miles
  • By Vehicle Type
    • Passenger Car
    • Bus
    • Truck
  • By Geography
    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East & Africa

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