The Electric Vehicle (EV) Batteries Global Market Report 2023, provides comprehensive information on the electric vehicle (EV) batteries market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Electric Vehicle (EV) Batteries Market’s Growth:
https://www.thebusinessresearchcompany.com/report/electric-vehicle-batteries-global-market-report
As per The Business Research Company’s Electric Vehicle (EV) Batteries Global Market Report 2023, the global EV batteries market will grow from $25.43 billion in 2022 to $27.24 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global EV batteries market is expected to grow to $35.54 billion in 2027 at a compound annual growth rate (CAGR) of 6.9%.
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The electric vehicle (EV) batteries market is segmented:
1) By Battery Type: Lithium-Ion, Lead-Acid, Nickel-Metal Hydride, Sodium-Ion, Other Battery Types
2) By Vehicle Type: Passenger Vehicles, Commercial Vehicles
3) By Propulsion: Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV)
Asia-Pacific was the largest region in the electric vehicle (EV) batteries market in 2022.
The table of contents in TBRC’s electric vehicle (EV) batteries market report includes:
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